STOCK TITAN

FAA Selects Leidos for Enterprise - Information Display System

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Leidos (NYSE:LDOS) has been awarded a prime contract valued at $292 million by the Federal Aviation Administration (FAA) to develop the Enterprise - Information Display System (E-IDS). This system will modernize FAA's Next Generation Air Transportation System by replacing five legacy systems. The contract includes a four-year base period and 11 one-year options, with work conducted in Gaithersburg, Eagan, and Chesapeake. Leidos will enhance air traffic control efficiency by providing real-time access to vital aeronautical data for safe operations in the National Airspace System (NAS).

Positive
  • Awarded a prime contract worth $292 million by FAA.
  • The E-IDS will replace five outdated systems, modernizing NAS operations.
  • Four-year base period with 11 one-year options enhances long-term revenue potential.
Negative
  • None.

RESTON, Va., Aug. 25, 2020 /PRNewswire/ -- Leidos (NYSE:LDOS), a FORTUNE® 500 science and technology leader, was awarded a prime contract by the Federal Aviation Administration (FAA) to design and develop a system to provide real-time access to essential weather, aeronautical, and National Airspace System (NAS) information through a common, NAS-wide Enterprise - Information Display System (E-IDS). The scalable, cloud-ready solution will replace five legacy systems as part of FAA's Next Generation Air Transportation System (NextGen) modernization project. The single award contract holds an approximate value of $292 million. It includes a four-year base period and 11 one-year options. Work will be performed in Gaithersburg, Md., Eagan, Minn., and Chesapeake, Va.

Through this contract, Leidos will perform the critical activities required to deliver E-IDS, including: program management, systems engineering, design and development, system test and evaluation, training, production, and site implementation. The system will be developed to run on a combination of physical resources at more than 400 FAA NAS facilities and on FAA virtualized platforms including the Integrated Enterprise Services Platform (IESP) and the Enterprise Information Management (EIM) Data Platform (DP) using FAA Cloud Services (FCS). The E-IDS provides the FAA access to efficient configuration and data management tools to meet the current and evolving needs of the NAS stakeholders.

"Our nation's air traffic controllers keep the NAS safe, relying on the display of multiple data sources to perform their critical mission," said Fran Hill, senior vice president of Leidos Transportation Solutions. "Our job at Leidos is to help controllers do their work more efficiently. The new E-IDS will enable them to access standardized data, customize their displays and operate with two clicks or less."

Leidos has supported the FAA for more than 50 years. Additional prime contracts with the FAA include En Route Automation Modernization (ERAM), Advanced Technology Oceanic Procedures (ATOP), Time Based Flow Management (TBFM), and Terminal Flight Data Management (TFDM). Learn more at leidos.com/aviation.

About Leidos

Leidos is a Fortune 500® information technology, engineering, and science solutions and services leader working to solve the world's toughest challenges in the defense, intelligence, homeland security, civil, and health markets. The company's 37,000 employees support vital missions for government and commercial customers. Headquartered in Reston, Va., Leidos reported annual revenues of approximately $11.09 billion for the fiscal year ended January 3, 2020. 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 3, 2020, 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.

Contact:   

Melissa Dueñas                                                            


(571) 526-6011


Duenasml@leidos.com




Thomas Doheny                        


(571) 474-4735


dohenyt@leidos.com

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/faa-selects-leidos-for-enterprise---information-display-system-301117695.html

SOURCE Leidos

FAQ

What contract did Leidos receive from the FAA?

Leidos was awarded a $292 million contract to develop the Enterprise - Information Display System (E-IDS).

When was the contract awarded to Leidos?

The contract was awarded on August 25, 2020.

What is the purpose of the E-IDS developed by Leidos?

The E-IDS will provide real-time access to essential weather and aeronautical information for air traffic controllers.

How long will the E-IDS project take?

The contract includes a four-year base period and 11 one-year options.

Where will the work for the E-IDS be performed?

Work will be conducted in Gaithersburg, Eagan, and Chesapeake.

Leidos Holdings, Inc.

NYSE:LDOS

LDOS Rankings

LDOS Latest News

LDOS Stock Data

21.79B
135.21M
1.09%
79.44%
1.06%
Information Technology Services
Services-computer Integrated Systems Design
Link
United States of America
RESTON