RESTON, Va., April 15, 2015 /PRNewswire/ -- Leidos (NYSE: LDOS), a national security, health and engineering solutions company, was awarded a prime contract by the United States Army Intelligence and Security Command (INSCOM) to provide global intelligence support services. The multiple-award indefinite-delivery/indefinite-quantity contract has a five-year period of performance and a total contract ceiling of $7.2 billion ($5B for full and open and $2.2B for small business awardees). Leidos is one of thirteen large business contractors eligible to compete for task orders under the contract.
INSCOM is an Army major command that conducts intelligence, security and information operations for military commanders and national decision makers. Under the contract, Leidos will provide intelligence support services worldwide, including, but not limited to, intelligence analysis, electronic systems, Intelligence, Surveillance and Reconnaissance (ISR) Systems, security systems, Quick Reaction Capability (QRC) systems, prototype intelligence hardware/software suites, and facilities and logistics support.
"We look forward to being a part of INSCOM's new intelligence acquisition vehicle providing the solutions and services needed in today's complex and dynamic war-fighting environment," said Leidos Group President, Mary Craft.
Leidos is a FORTUNE 500® 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 our government and the commercial sector, develop innovative solutions to drive better outcomes and defend our Nation's 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 Holdings, Inc.