Industry News

Leidos Awarded Contracts by Department of Veterans Affairs

11 Mar 2014
Company to Provide Technical and Program Management Services to Help the VA Deliver and Manage Patient Care RESTON, Va., March 11, 2014 /PRNewswire/ -- Leidos (NYSE: LDOS), a national security, health and engineering solutions company, today announced three contract wins from the U.S. Department of Veterans Affairs to help the agency maximize operational efficiencies, reduce healthcare costs, and improve veteran care. The majority of the work for all three programs, collectively totaled at $16 million, will be performed in the Washington, D.C. metropolitan area, Chicago, Ill., and Salt Lake City, Utah. The first two contracts were awarded by the VA's Office of Information & Tec...

Leidos Awarded Contract By Naval Medical Logistics Command

10 Mar 2014
Company to Provide Research and Development Services for the Behavioral Sciences and Epidemiology Department RESTON, Va., March 10, 2014 /PRNewswire/ -- Leidos (NYSE: LDOS), a national security, health and engineering solutions company, was awarded a prime contract, Behavioral Epidemiology Assessment Research (BEAR), by the Naval Medical Logistics Command to provide research services for multiple behavioral health and epidemiology projects that support the Naval Health Research Center's (NHRC) Behavioral Sciences and Epidemiology Department. The single-award cost-plus fixed-fee (CPFF) contract has a one-year base period of performance, four one-year options and a total contract value of...

Leidos Awarded Contract By Defense Threat Reduction Agency

6 Mar 2014
Company to Provide Research and Development to Combat Weapons of Mass Destruction RESTON, Va., March 6, 2014 /PRNewswire/ -- Leidos (NYSE: LDOS) a national security, health and engineering solutions company, was awarded a prime contract by the U.S. Defense Threat Reduction Agency (DTRA) to conduct research and development to combat weapons of mass destruction. The multiple-award indefinite delivery/indefinite quantity (ID/IQ) contract has a five-year base period of performance, a five year option, and a total value of approximately $4 billion for all awardees, if all options are exercised. The contract was awarded under the Combating Weapons of Mass Destruction Research and Technology D...

Leidos Schedules Fiscal Year 2014 Fourth Quarter and Full Year Earnings Conference Call For March 27, 2014 at 8AM

3 Mar 2014
RESTON, Va., March 3, 2014 /PRNewswire/ -- Leidos Holdings Inc. (Leidos) (NYSE: LDOS), a scientific, engineering, and technology applications company, is scheduled to hold its fourth quarter and fiscal year 2014 earnings conference call with investors to discuss operations and financial results on Thursday, March 27, 2014 beginning at 8 a.m. Eastern.  The company plans to issue its fourth quarter fiscal year 2014 earnings press release before the earnings conference call on March 27, 2014. Interested parties may listen to the conference call by dialing +1 (877) 377-7103 (toll-free U.S.) or +1 (408) 940-3826 (International/Local) and entering passcode 22670461. The conference call will ...

Leidos Awarded Contract by Boston Properties and Konterra Realty

3 Mar 2014
Technical Solutions Company to Provide IT, Security and Facilities Support RESTON, Va., March 3, 2014 /PRNewswire/ -- Leidos (NYSE: LDOS), a national security, health and engineering solutions company, was awarded a prime contract by Boston Properties and Konterra Realty to provide information technology, security and facilities support for a multi-tenant secure facility. The single-award contract has a three year base period of performance, two one-year options and a total value of approximately $16 million if both options are exercised. The contract was awarded under the Facility Mega Center Operations and Maintenance contract. Work will be performed at Annapolis Junction, Md. B...

Leidos Awarded Three Contracts by LSB Industries, Inc.

26 Feb 2014
Company to Provide Design-Build and Construction Management Services RESTON, Va., Feb. 26, 2014 /PRNewswire/ -- Leidos (NYSE: LDOS), a national security, health and engineering solutions company, announced it was awarded three prime contracts by LSB Industries, Inc. to provide construction management services for nitric acid and nitric acid concentrator plants, as well as engineering, procurement, and construction (EPC) services for the outside battery limits required to operate the plants. The latest three awards are a hybrid of lump sum and cost-plus components and are collectively valued at $82.7 million. Work will be performed at the El Dorado Chemical Company in El Dorado, Ark. ...

Leidos Is Official Sponsor of D.C. United

24 Feb 2014
Solutions Company Teams with Major League Soccer Franchise as Presenting Partner RESTON, Va., Feb. 24, 2014 /PRNewswire/ -- Leidos [NYSE: LDOS], a national security, health and engineering solutions company, proudly announced it is the official sponsor of Major League Soccer (MLS) team D.C. United. Leidos, evolved from SAIC, has a 45-year history and is a top employer in the area with more than 6,000 employees in the national capital region. (Logo: http://photos.prnewswire.com/prnh/20131120/PH20896LOGO) As Presenting Partner under the multi-year agreement, Leidos is the exclusive Jersey sponsor for D.C. United. The company's logo will be prominently featured on the front of the t...

Leidos Awarded U.S. Strategic Command Contract

20 Feb 2014
Technical Solutions Company to Provide Software Development RESTON, Va., Feb. 20, 2014 /PRNewswire/ -- Leidos (NYSE: LDOS), a national security, health and engineering solutions company, was awarded a U.S. Strategic Command (USSTRATCOM) contract by the 55th Contracting Squadron to provide software development and sustainment. The single-award, indefinite-delivery/indefinite-quantity contract has a one-year base period of performance, four one-year options, a six month final period, and a total contract value of $35 million, if all options are exercised. The contract was awarded under the National Target Base / National Desired Ground Zero List Integrated Development System (NIDS III). W...

Leidos Announces Plan for CEO Succession

19 Feb 2014
Search for Executive Underway, John Jumper to Remain on Board of Directors following Appointment of New Leader RESTON, Va., Feb. 19, 2014 /PRNewswire/ -- Leidos (NYSE: LDOS) today announced that the company's Chairman and CEO, John Jumper, will retire as CEO, beginning a planned leadership transition over the next several months. (Logo: http://photos.prnewswire.com/prnh/20131120/PH20896LOGO) The company's Board of Directors has launched a thorough and thoughtful process to select a successor. The comprehensive search will evaluate both internal and external candidates. Jumper will continue as CEO until a successor is appointed. He will remain the chairman of the board following ...

Leidos Awarded Contract By U.S. Army

17 Feb 2014
Technical Solutions Company to Provide Simulation & Training Program RESTON, Va., Feb. 17, 2014 /PRNewswire/ -- Leidos (NYSE: LDOS), a national security, health and engineering solutions company, was awarded the second of four options on its prime contract with the U.S. Army Program Executive Office for Simulation, Training and Instrumentation (PEO STRI) to provide development of a live virtual and constructive integrated training environment. The option award has a one-year period of performance and represents the second of four one-year options. The second option has a total value of approximately $11 million. Work will be performed in Orlando, Fla. PEO STRI is the U.S. Army...

Leidos Develops Energy Efficient Shelter System For Expeditionary Basing

10 Feb 2014
RESTON, Va., Feb. 10, 2014 /PRNewswire/ -- Leidos (NYSE: LDOS), a national security, health and engineering solutions company, has developed a highly energy efficient shelter system that provides full-living capability for military personnel at base camps. The Self-sustaining Living Module (SLiM) concept, designed to provide greater levels of self-sufficiency and habitability to support expeditionary bases, was developed for the U.S. Army Natick Soldier Research, Development and Engineering Center (NSRDEC) in support of the Department of Defense initiative to modernize contingency basing. NSRDEC, also known as Natick Labs, provides American forces with a wide range of field feeding and l...

Leidos Increases Smart Grid as a Service Offering to United Power

5 Feb 2014
RESTON, Va., Feb. 5, 2014 /PRNewswire/ -- Leidos [NYSE: LDOS], an engineering, health and national security solutions company, was awarded the next phase of a 10-year contract with United Power to implement an additional 20,000 meters supporting the utility's advanced metering infrastructure (AMI) project. United Power is a rural electric cooperative providing service to nearly 70,000 homes and businesses throughout Colorado's northern Front Range. (Logo: http://photos.prnewswire.com/prnh/20131120/PH20896LOGO ) Backed by Leidos' industry-leading Smart Grid as a Service (SGS) offering, the second phase began in October 2013 and will be complete by September 2014. Building on the succes...

Leidos to Participate at the Cowen and Company 35th Annual Aerospace/Defense Conference

30 Jan 2014
RESTON, Va., Jan. 30, 2014 /PRNewswire/ -- Leidos Holdings, Inc. (NYSE: LDOS), a national security, health and engineering solutions company, today announced that General John P. Jumper, Chairman and Chief Executive Officer, will present at the Cowen and Company 35th Annual Aerospace/Defense Conference at the Intercontinental New York Barclay Hotel in New York City on Thursday, February 6, 2014. (Logo: http://photos.prnewswire.com/prnh/20131120/PH20896LOGO ) A webcast of the presentation and the slide presentation used during the conference will be available on the Leidos Investor Relations website at http://investors.leidos.com. About Leidos Leidos is a science and technology solu...

SDSC and Leidos to Help Develop New Cybersecurity Reference Architecture for Electrical Microgrids

21 Jan 2014
Project to Use UC San Diego's Advanced Microgrid for Analysis SAN DIEGO and RESTON, Va., Jan. 21, 2014 /PRNewswire/ -- The San Diego Supercomputer Center (SDSC) at the University of California, San Diego, is collaborating with Leidos (NYSE: LDOS) (formerly Science Applications International Corporation) to develop a reference system architecture aimed at increasing security levels of microgrid control and IT systems used to manage electrical microgrids worldwide. (Logo: http://photos.prnewswire.com/prnh/20131120/PH20896LOGO) Microgrids are small-scale versions of traditional larger power grids that draw energy from clean sources such as the wind and sun, as well as from conventio...

Leidos Donates $100,000 To The Children's Inn At NIH

14 Jan 2014
Company Continues Commitment to Families of Children Treated at the National Institutes of Health RESTON, Va, Jan. 14, 2014 /PRNewswire/ -- Leidos [NYSE: LDOS], a national security, health and engineering solutions company, continued its support of The Children's Inn at NIH with its second $100,000 donation in 2013 to assist The Inn's Park and Playground. The Children's Inn at NIH is a residential "place like home" for more than 1,500 seriously ill children and their families annually. Children come from across the country and around the world to stay together with their families free of charge while being treated at the world's leading biomedical research centers.  "We are trem...

Leidos Experts Reveal The Power of Purple At DistribuTECH

9 Jan 2014
Company Experts to Present Five Technical Sessions and Three In-Booth Demos RESTON, Va., Jan. 9, 2014 /PRNewswire/ -- Energy and utility experts from Leidos [NYSE: LDOS] will speak and present in-booth demonstrations at the DistribuTECH Conference and Exhibition, to be held Jan. 28-30 at the Henry B. Gonzalez Convention Center in San Antonio, Texas. (Logo: http://photos.prnewswire.com/prnh/20131120/PH20896LOGO ) Formerly named SAIC - and including strategic acquisitions of The Benham Companies, R. W. Beck, and Patrick Energy Services - Leidos has been a conference sponsor for five years. This year, Leidos will showcase the "Power of Purple" with its new name and perspective. ...

Plainfield Renewable Energy Project Substantially Complete and Commercially Operational

6 Jan 2014
RESTON, Va., Jan. 6, 2014 /PRNewswire/ -- Leidos (NYSE: LDOS), an engineering, national security and health solutions company, announced the Plainfield Renewable Energy project in Plainfield, Conn., has reached substantial completion on December 21, 2013 under the terms of the facility's engineer, procure, and construct (EPC) contract. The facility has met all conditions to qualify as an ISO New England (ISO-NE) market asset and achieved commercial operation under the terms of its interconnect agreement with ISO-NE. The commercially operational plant has also met the eligibility requirements under the American Recovery and Reinvestment Act for a 1603 cash grant. As one of the only Class 1...

Leidos Awarded Contract By California Army and Air National Guard

2 Jan 2014
Company to Provide Architectural and Engineering Services RESTON, Va., Jan. 2, 2014 /PRNewswire/ -- Leidos [NYSE: LDOS], a national security, health and engineering solutions company, announced it was awarded a prime contract by the California Army and Air National Guard (CAARNG/CAANG) to provide architectural and engineering services for planning and facilities. The multiple-award indefinite-delivery/indefinite quantity contract has a one-year base period of performance, four one-year options, and a total contract value of $80 million for all awardees, if all options are exercised.  Work will be performed primarily in California. The CAARNG/CAANG's mission is to provide support to c...