Put companies on watchlist
Leidos
ISIN: US5253271028
WKN: A1W5CT
About
Company Snapshot
New: Enable Investor Alerts
Be informed about new publications
New: AI Factsheet

Corporate News meets AI! 
Content analysis and summary

Leidos · ISIN: US5253271028 · PR Newswire (ID: 20240827PH91618)
27 August 2024 02:00PM

Leidos awarded $51 million contract to enhance missile warning capabilities


RESTON, Va., Aug. 27, 2024 /PRNewswire/ -- Leidos (NYSE:LDOS), a Fortune 500® innovation leader, was recently awarded a Missile Warning/Missile Track Enhancement (MW/MT) contract by the Space Systems Command, Strategic Warning and Surveillance Systems Acquisition Delta. Leidos will provide mission software and technology-enabled services to enhance missile warning capabilities for the Combatant Commanders Integrated Command and Control Systems (CCIC2S). The award has a base period of performance of 54 months.

"Leidos offers exceptional expertise in sensing, sense-making, and support for decision-making for our national security space customers," said Jason McCarthy, Leidos senior vice president, Engineering, Integration & Operations. "We'll work to enhance CCIC2S by enabling open architecture solutions, improving speed for system modifications, and reducing overall cost of ownership to customers."

Under the contract, Leidos will provide Model Based Systems Engineering, Development/Security/Operations, software integration, and deployment. These capabilities will assist Space Systems Command to process non-traditional data sources for integration into the CCIC2S enterprise. Furthermore, these improvements will advance the fusion of weapons systems data to support enhanced accuracy of MW/MT systems.

About Leidos

Leidos is a Fortune 500® innovation company rapidly addressing the world's most vexing challenges in national security and health. The company's 48,000 employees support vital missions for government and commercial customers. Headquartered in Reston, Virginia, Leidos reported annual revenues of approximately $15.4 billion for the fiscal year ended December 29, 2023. For more information, visit www.Leidos.com.

Certain statements in this announcement constitute "forward-looking statements" within the meaning of the rules and regulations of the U.S. Securities and Exchange Commission (SEC). These statements are based on management's current beliefs and expectations and are subject to significant risks and uncertainties. These statements are not guarantees of future results or occurrences. A number of factors could cause our actual results, performance, achievements, or industry results to be different from the results, performance, or achievements expressed or implied by such forward-looking statements. These factors include, but are not limited to, the "Risk Factors" set forth in Leidos' Annual Report on Form 10-K for the fiscal year ended December 29, 2023, and other such filings that Leidos makes with the SEC from time to time. Readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. Leidos does not undertake to update forward-looking statements to reflect the impact of circumstances or events that arise after the date the forward-looking statements were made.

Contact:     

Alyssa Pettus



(571) 526-6743



alyssa.t.pettus@leidos.com







Greg Hellman



(571) 526-7592



Greg.hellman@leidos.com

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/leidos-awarded-51-million-contract-to-enhance-missile-warning-capabilities-302230785.html

SOURCE Leidos Holdings, Inc.

Visual performance / price development - Leidos
Smart analysis and research tools can be found here.
This publication was provided by our content partner PR Newswire
PR Newswire
via PR Newswire - Newsfeed
Cision ©2024
PR Newswire
Contact:
300 S Riverside Plaza, Chicago, Illinois, USA
+001 (0) 888-776-0942