RESTON, Va., Aug. 25, 2015 /PRNewswire/ -- Leidos (NYSE: LDOS), a national security, health, and engineering solutions company, was awarded a prime contract by the Transportation Security Administration (TSA) to provide deployment of transportation security capabilities for the Office of Security Capabilities (OSC). The Leidos East Region single-award indefinite-delivery/indefinite-quantity firm fixed-price contract has a five-year period of performance with a combined maximum ceiling of $450 million established as the cumulative total of all orders issued under all three geographic region contract awards.
TSA is charged with the mission of protecting the nation's transportation systems to ensure freedom of movement for people and commerce. The mission of the OSC is to implement the best security technology solutions to further the overall mission of TSA.
Under the contract, Leidos will provide deployments of transportation security capabilities for TSA, primarily deploying checkpoint technologies for passenger screening and carry-on baggage, and technologies for the screening of checked baggage. Leidos will be responsible for all tasks associated with the installation of security technology equipment at geographically dispersed airports, ports, terminals, cargo facilities and other locations within the East Region including the continental United States and its territories. Leidos will work to ensure new technologies are deployed as they become available based on a risk based model; old technologies are removed from service when they are at the end of their life-cycle; and systems are relocated as necessary to meet security or agency safety factors needs.
"We are honored to be chosen by the TSA for the transportation security equipment deployment contract, a program of national importance that helps to secure the homeland, and protect our nation's transportation infrastructure and the people travelling within it," said Leidos Group President, Sam Gordy. "We look forward to continuing our longstanding relationship with TSA."
About Leidos Leidos is a science and technology solutions leader working to address some of the world's toughest challenges in national security, health and engineering. The Company's 19,000 employees support vital missions for government and the commercial sector, develop innovative solutions to drive better outcomes and defend our digital and physical infrastructure from 'new world' threats. Headquartered in Reston, Virginia, Leidos reported annual revenues of approximately $5.06 billion for its fiscal year ended January 30, 2015. 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 30, 2015, 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.