RESTON, Va., March 14, 2018 /PRNewswire/ -- Leidos (NYSE: LDOS), a FORTUNE 500® science, information technology, and engineering leader, today announced the Department of Veterans Affairs (VA) awarded Systems Made Simple (SMS), a Leidos company, an Infrastructure Operations Services Support (IOSS) task award to continue support of the department's information technology (IT) infrastructure modernization efforts. The single-award, firm-fixed price, time and materials contract has a two-year base period of performance, two one-year options, and a potential value of approximately $472 million.
The award is aligned with the VA's next phase of IT transformation, which is focused on consolidating data centers and updating cloud services. Leidos will provide the VA's Information Technology Operations and Services Infrastructure Operations (ITOPS IO) an array of services and solutions that include data center operations, security, architecture, applications management, service desk support and command center support.
Leidos will use best practices in enterprise modernization, such as data center consolidation and large-scale Information Technology Infrastructure Library (ITIL) service management. To ensure a seamless transition, the team will provide a technology innovations lab to run scenario-based testing to reduce implementation risk of new technology. Leidos will use its knowledge of and experience with VA's IT systems and a collaborative approach with the VA to build upon past successes and ensure that the IOSS program provides maximum value to the VA now and in the future.
"We're honored to continue helping the VA execute their vision of providing world-class, secure and cost-effective IT services that support our nation's Veterans," said Jerry Hogge, Senior Vice President, Military and Veterans Health Solutions, Leidos. "Our innovative IT experts and established management processes will sustain system operations to ensure system availability for mission-critical VA data center applications and services."
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 32,000 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.
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