RESTON,
Va., Oct. 21, 2024 /PRNewswire/ -- Leidos
(NYSE:LDOS), a Fortune 500® innovation leader, was
recently awarded a new contract to modernize the U.S. Army's
network in alignment with the Army's Network Modernization Strategy
and Army Unified Network Plan. The contract was awarded by the Army
Program Executive Office for Command, Control and
Communications-Tactical Global Enterprise Network
Modernization-OCONUS (PEO C3T GENM-O). The contract has a one-year
base period of performance with four one-year option periods. The
contract has a total value of $331
million if all options are exercised.
"Winning this $331 million
contract is a significant milestone for Leidos and underscores our
commitment to supporting the U.S. Army's modernization efforts,"
said Steve Hull, president of
Leidos' digital modernization sector. "We are proud to partner with
the Army in deploying the Global Unified Network, which will
enhance interoperability and security across all levels of
operations. This initiative not only aligns with the Army's Network
Modernization Strategy but also aims to position us at the
forefront of advancing military communication capabilities in an
increasingly complex global landscape."
The Army's Global Unified Network (AGUN) utilizes Software
Defined Network technologies that integrate and support the Army's
transition to a Zero Trust Architecture to allow for the
divestiture of the Joint Regional Security Stacks. Under the
contract, Leidos will deploy AGUN to individual Army sites to
deliver a standardized, orchestrated modern network architecture,
aiming to make applications, data, and enterprise services are
accessible, trusted and interoperable across the globe.
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.
Media
Contact:
Alyssa Pettus
(571) 526-6743
alyssa.t.pettus@leidos.com
Brandon VerVelde
(571) 526-6257
Brandon.p.vervelde@leidos.com
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SOURCE Leidos Holdings, Inc.