RESTON, Va., Oct. 15, 2018 /PRNewswire/ -- Leidos (NYSE: LDOS), a FORTUNE® 500 science and technology leader, today announced that the company earned an enterprise-wide Capability Maturity Model Integration for Development (CMMI-DEV) Maturity Level 3 rating. CMMI maturity levels provide benchmarks that allow customers to differentiate potential suppliers. This achievement is the result of Leidos consistently implementing a mature methodology for program execution and product realization that is compliant with industry best practices and creates a low risk, cost efficient environment for program success, while allowing the flexibility to permit innovation and rapid response to customer needs.
"This benchmark is one of many illustrations of Leidos' ongoing commitment to delivering products subjected to the highest quality standards, developed in accordance with mature management and engineering processes, by a team dedicated to continual improvement," said Karen Pierce, Vice President of Mission Assurance, noting that Leidos also maintains ISO registrations at over 50 facilities.
CMMI-DEV contains best practices used to guide the implementation of processes that foster continual improvement. Leidos earned CMMI-DEV Maturity Level 3 using the Standard CMMI Appraisal Method for Process Improvement (SCAMPI). The independent and comprehensive appraisal assessed the company's approaches to systems and software engineering, integration, maintenance, and management across the organization, and included a review of projects utilizing Agile and traditional development methodologies.
"The CMMI Maturity Level 3 distinction, combined with our investment in a common development environment, training, and best-in-class Secure DevOps practices strengthen our position to continue successfully addressing our customers' most challenging problems," said Dr. Jim Cantor, Leidos Chief Technology Officer.
Leidos is a Fortune 500® information technology, engineering, and science solutions and services leader working to solve the world's toughest challenges in the defense, intelligence, homeland security, civil, and health markets. The company's 31,000 employees support vital missions for government and commercial customers. Headquartered in Reston, Virginia, Leidos reported annual revenues of approximately $10.17 billion for the fiscal year ended December 29, 2017. 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 December 29, 2017, 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.