Leidos awarded $76 million Office of Child Support Enforcement contract

Rhea-AI Summary

Leidos (NYSE:LDOS) announced a new prime contract valued at $76 million with the Office of Child Support Enforcement (OCSE) under the Department of Health and Human Services. This contract, effective for approximately five years if all options are exercised, will continue the company's support for OCSE's Federal Parent Locater Service (FPLS). The contract, in place since 1996, aims to enhance child support enforcement capabilities across the nation. Work will primarily take place in Maryland.

Positive

• Awarded a new $76 million contract with OCSE, extending long-term support.
• Continuing presence in child support enforcement since 1996 indicates stability and reliability.

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• None.

RESTON, Va., Nov. 11, 2021 /PRNewswire/ -- Leidos (NYSE:LDOS), a FORTUNE® 500 science and technology leader, was recently awarded a new prime contract to continue supporting the Office of Child Support Enforcement (OCSE) within the Department of Health and Human Services, Administration of Children and Families. The single award contract has a maximum value of $76 million and a period of performance of approximately five years if all options are exercised. Work will primarily be performed in Maryland.

"It's a privilege to continue supporting the Office of Child Support Enforcement's work to encourage parental responsibility and support for children," said Liz Porter, Leidos Health Group president. "Our expert team looks forward to providing OCSE with innovative and modernized solutions to enhance their capabilities to ensure that children across the country receive the support they need and deserve."

Through this contract, Leidos will continue to support OCSE's Federal Parent Locater Service (FPLS) with operations and maintenance, continuation of system development and enhancement, data center operations and a disaster recovery center. The FPLS is a national computer matching system that obtains address and employer information, as well as data on child support cases, compares them and returns matches to the appropriate states. This helps state and local child support enforcement agencies locate non-custodial parents and putative fathers for the purposes of establishing custody and visitation rights, establishing and enforcing child support obligations, investigating parental kidnapping, and processing adoption or foster care cases.

Leidos has held a contract to support OCSE since 1996.

About Leidos
Leidos is a Fortune 500® technology, engineering, and science solutions and services leader working to solve the world's toughest challenges in the defense, intelligence, civil, and health markets. The company's 43,000 employees support vital missions for government and commercial customers. Headquartered in Reston, Va., Leidos reported annual revenues of approximately $12.30 billion for the fiscal year ended January 1, 2021. 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 1, 2021, 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) 526-6850
Melissa.L.Duenas@leidos.com

Thomas Doheny
(571) 474-4735
Dohenyt@leidos.com

Brandon VerVelde
(571) 526-6257
Brandon.p.vervelde@leidos.com

 

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SOURCE Leidos

FAQ

What is the value of the new contract awarded to Leidos?

The new contract awarded to Leidos is valued at $76 million.

Which department is Leidos' new contract associated with?

Leidos' new contract is associated with the Office of Child Support Enforcement (OCSE) under the Department of Health and Human Services.

How long is the contract period for the new award to Leidos?

The new contract has a period of performance of approximately five years if all options are exercised.

What services will Leidos provide under the new contract?

Leidos will support the Federal Parent Locater Service (FPLS), including operations and maintenance, system development, and data center operations.

Since when has Leidos been supporting OCSE?

Leidos has been supporting the Office of Child Support Enforcement since 1996.