RESTON, Va., Feb. 11, 2019 /PRNewswire/ -- Leidos (NYSE: LDOS) was awarded their first task order by the U.S. Army under the $37.4 billion Responsive Strategic Sourcing for Services (RS3) Contract Vehicle. The task order is to provide customizable fielding, modernization, and support services solutions for the total package fielding and logistics of new and existing Army computer and communication technology, weapon systems, and equipment. The single award, cost-plus-fixed-fee task order has a one-year base period of performance, four one-year option periods, and a total ceiling value of $278 million if all options are exercised.
Leidos' technical experts will provide fielding services, customizable equipment configuration, equipment set up, and unit instruction in support of the Army's Communications Electronics Command, Integrated Logistics Support Center, Field Support Directorate, Field Modernization Division (FMD) customers and end users. FMD serves global Warfighters by providing high-quality solutions tailored to a military unit's fielding and operational requirements.
The company's experts maintain, set up, and configure each unit's equipment and systems and then deploy mobile fielding teams with the hardware to the units to perform various tasks associated with a total fielding modernization concept. Additional areas of support include engineering, research, development, test and evaluation (RDT&E), logistics, acquisition, and strategic planning.
"We have a strong track record supporting Army missions for decades," said Tom Dove, operations manager for Leidos Logistics & Mission Support. "This win allows Leidos to provide lean program management structure and processes, the right-sized team, and the best value solution for the Army to keep their warfighters situationally aware and ready to respond at all times."
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.