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FAA Selects Leidos to Modernize Safety System

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Leidos (NYSE:LDOS), a leader in science and technology, has been awarded a prime contract valued at $64 million from the FAA to modernize their safety analysis tools through the Operational Analysis and Reporting System (OARS). The contract includes a four-year base period and two two-year options, with operations based in Gaithersburg, Maryland, and Morgantown, West Virginia. This initiative supports the FAA's ATO Safety Management System by enhancing safety risk management using advanced technologies.

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  • Award of a $64 million contract from the FAA strengthens Leidos' position in the aviation sector.
  • The contract supports modernization efforts that could improve overall safety and efficiency in air traffic management.
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RESTON, Va., Dec. 15, 2020 /PRNewswire/ -- Leidos (NYSE:LDOS), a FORTUNE® 500 science and technology leader, was recently awarded a new prime contract by the Federal Aviation Administration (FAA) to modernize their safety analysis tools and capabilities through the development of the Operational Analysis and Reporting System (OARS). This single award contract holds an approximate total value of $64 million and includes a four-year base period with two two-year options. Work will be based out of Gaithersburg, Maryland, and Morgantown, West Virginia.

"Leidos is proud to work with the FAA to modernize their safety systems," said Fran Hill, senior vice president of Leidos Transportation Solutions. "By leveraging our team's vast safety knowledge, cloud modernization experience and innovative technologies, the FAA will accelerate their vision for the future."

OARS will support the FAA's Air Traffic Organization (ATO) Safety Management System (SMS) by proactively defining, identifying, assessing, treating and tracking the mitigation of safety risks. Through this contract, Leidos will leverage its robust capabilities, including cloud adoption framework (CAF), SecDevOps and Continuous Integration and Continuous Delivery (CI/CD) processes to migrate and enhance safety services.

For over 50 years Leidos has supported the FAA through several programs and contracts. These include En Route Automation Modernization (ERAM), Advanced Technology Oceanic Procedures (ATOP), Terminal Flight Data Management (TFDM), Future Flight Services Program (FFSP) and Enterprise Information Display System (E-IDS). Learn more at www.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 38,000 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

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SOURCE Leidos

FAQ

What is the value of the contract awarded to Leidos by the FAA?

The contract awarded to Leidos by the FAA is valued at approximately $64 million.

How long is the FAA contract with Leidos set to last?

The FAA contract with Leidos includes a four-year base period with two additional two-year options.

What technology will Leidos use under the FAA contract?

Leidos will leverage cloud modernization, SecDevOps, and CI/CD processes under the FAA contract.

Which system is Leidos modernizing for the FAA?

Leidos is modernizing the FAA's safety analysis tools through the development of the Operational Analysis and Reporting System (OARS).

Where will the work for the FAA contract be based?

The work for the FAA contract will be based in Gaithersburg, Maryland, and Morgantown, West Virginia.

Leidos Holdings, Inc.

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