Leidos Awarded Spot On $950M USAF Engineering Contract

RESTON, Va., Oct. 5, 2015 /PRNewswire/ -- Leidos (NYSE: LDOS), an engineering, national security and health solutions company, was recently awarded a prime contract by the U.S. Air Force (USAF) to perform architectural engineering services for a range of global programs. The multiple-award, firm fixed-price and cost-plus fixed-fee indefinite-delivery/indefinite-quantity (IDIQ) contract has a five-year base period of performance with two additional years for performance. The total contract ceiling value is approximately $950 million for all awardees. Leidos is one of 18 organizations eligible to compete for work under the contract.

The Air Force Civil Engineer Center (AFCEC) is responsible for providing responsive, wide-scope engineering services to the USAF. Under the contract, Leidos will provide Title I, Title II, and other engineering services to administer, coordinate and technically support AFCEC's military construction, military family housing privatization initiatives, facility sustainment, restoration and modernization programs, as well as other essential worldwide support areas. These programs could include work in various government installations in the U.S., at various overseas government locations, at government territorial possessions, at Defense Logistics Agency fuel facilities worldwide or at other worldwide locations.

"Flexible, full-spectrum engineering services are critical to Air Force preparedness and mission success," said Jim Moos, group president for Leidos Engineering. "Our support of the Air Force is long-standing, and our team is ready to use our breadth of proven engineering expertise to help AFCEC build cost-effective, sustainable installations of the future that are battle ready and built right."

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.

SOURCE Leidos

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