Department of Air Force selects Leidos to oversee its Advanced Battle Management System - Digital Infrastructure network

Rhea-AI Summary

Leidos (NYSE: LDOS) has been awarded a $303 million contract by the Department of the Air Force (DAF) to oversee the Advanced Battle Management System - Digital Infrastructure (ABMS-DI) network. This contract, covering a three-year performance period with two option years, involves planning, analysis, and operations for the ABMS-DI network, a core component of the DAF Battle Network.

As the ABMS-DI network manager, Leidos will perform various management functions to support the successful standup of the Digital Infrastructure Network. This contract extends Leidos' collaborative role with the DAF in designing, developing, and deploying modern combined Joint All-Domain Command and Control capabilities for the Air Force and Space Force.

Positive

• Secured a $303 million contract with the Department of Air Force
• Contract includes a three-year performance period with two option years
• Extends Leidos' collaborative role with the DAF in developing command and control capabilities

Negative

• None.

RESTON, Va., Oct. 7, 2024 /PRNewswire/ -- Leidos (NYSE: LDOS), a Fortune 500® innovation leader, was recently awarded a $303 million contract to oversee planning, analysis, and operations for the Department of the Air Force's (DAF) Advanced Battle Management System – Digital Infrastructure (ABMS-DI) network, which is a core component of the DAF Battle Network. The contract was awarded by the DAF Program Executive Officer Command, Control, Communications and Battle Management and covers a three-year performance period, with two option years.

"For battle managers to make faster and better-informed decisions, they need government and commercial technologies to work together seamlessly," said Roy Stevens, Leidos National Security Sector President. "We will lead the secure, rapid integration of cloud computing, data analytics, and communications capabilities so that our Airmen and Guardians have the tactical, operational, and strategic data they need."

As ABMS-DI network manager, Leidos will perform a wide range of management functions to support the successful standup of the Digital Infrastructure Network.

This contract extends Leidos' collaborative role with the DAF to design, develop, and deploy modern combined Joint All-Domain Command and Control capabilities for the Air Force and Space Force.

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 global workforce of 48,000 collaborates to create smarter technology solutions for customers in heavily regulated industries. 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 Contacts:

Alyssa Pettus
(571) 526-6743
alyssa.t.pettus@leidos.com

Greg Hellman
(571) 526-7592
greg.hellman@leidos.com

Brandon Ver Velde
(571) 526-6257
brandon.p.vervelde@leidos.com

 

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SOURCE Leidos Holdings, Inc.

FAQ

What is the value of the contract Leidos (LDOS) received from the Department of Air Force?

Leidos (LDOS) received a $303 million contract from the Department of Air Force.

What is the purpose of the ABMS-DI network contract awarded to Leidos (LDOS)?

The contract is for overseeing planning, analysis, and operations of the Advanced Battle Management System - Digital Infrastructure (ABMS-DI) network, a core component of the DAF Battle Network.

How long is the performance period for Leidos' (LDOS) ABMS-DI network contract?

The contract covers a three-year performance period with two additional option years.

What capabilities will Leidos (LDOS) help develop for the Air Force and Space Force?

Leidos will help design, develop, and deploy modern combined Joint All-Domain Command and Control capabilities for the Air Force and Space Force.