RESTON, Va., Aug. 6, 2014 /PRNewswire/ -- Leidos (NYSE: LDOS), a national security, health and engineering solutions company, was awarded a prime contract by the National Oceanic and Atmospheric Administration (NOAA) Office of Coast Survey (OCS) to provide hydrographic surveying services. The multiple-award, indefinite-delivery/indefinite-quantity contract has a five-year period of performance and a total contract value of $250 million for all awardees. The contract was awarded under the NOAA/OCS Hydrographic Surveying Services contract. Leidos is one of eight awardees eligible to compete for task orders under the contract.
NOAA OCS provides navigation products and services that ensure safe and efficient maritime commerce on America's ocean coastal waters and in the Great Lakes. Under the contract, Leidos will provide hydrographic data for updating NOAA's nautical charts used by mariners to safely navigate coastal waters in the United States. Hydrographic surveying is used to update nautical charts for shipping, fishing and boating communities, and also supports diverse users with interests from marine ecology, climate change, archeology, energy and water resource management, harbor security and emergency response.
Leidos and team members will provide hydrographic data acquisition services using vertical beam echosounder, multibeam echosounder, side scan sonar, airborne bathymetric Lidar and airborne topographic Lidar in any of the priority areas as defined in the NOAA Hydrographic Survey Priorities. Supporting data acquisition services includes water levels, ellipsoidally referenced surveys, shoreline and feature acquisition, secchi depth readings and speed of sound through water measurements.
"Leidos is proud to provide continued support of the critical nautical charting mission of NOAA to ensure safe navigation on our nation's coasts and shorelines," said Leidos Group President, John Fratamico.
Leidos is a FORTUNE 500® science and technology solutions leader working to address some of the world's toughest challenges in national security, health and engineering. The Company's 22,000 employees support vital missions for our government and the commercial sector, develop innovative solutions to drive better outcomes and defend our Nation's digital and physical infrastructure from 'new world' threats. Headquartered in Reston, Va., Leidos reported annual revenues of approximately $5.77 billion for its fiscal year ended January 31, 2014, after giving effect to the spin-off of the company's technical services and information technology business. For more information, visit www.Leidos.com.
Statements in this announcement, other than historical data and information, constitute forward-looking statements that involve risks and uncertainties. A number of factors could cause our actual results, performance, achievements, or industry results to be very different from the results, performance, or achievements expressed or implied by such forward-looking statements. Some of these factors include, but are not limited to, the risk factors set forth in the company's Annual Report on Form 10-K for the period ended January 31, 2014, and other such filings that Leidos makes with the SEC from time to time. Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof.