Leidos awarded $918 million Department of Homeland Security network support contract

Rhea-AI Summary

Leidos awarded $918 million contract to support and enhance DHS networks

Positive

• The contract has a maximum value of $918 million if all options are exercised
• Leidos will provide program management, operations and maintenance, systems engineering, training, information assurance and classified and unclassified cloud computing capabilities integration and services to DHS

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• None.

RESTON, Va., Sept. 7, 2023 /PRNewswire/ -- Leidos (NYSE: LDOS), a FORTUNE® 500 science and technology leader, was recently awarded the Homeland Enterprise Information Technology Secure Services and Support (HEITS) follow-on contract to support and enhance the Department of Homeland Security's (DHS) networks. The cost-plus-award-fee, single-award contract has a one-year base period of performance and six one-year options. The contract has a maximum value of $918 million if all options are exercised.

"This contract continues our strong relationship with DHS," said Roy Stevens, Leidos Intelligence Group president. "By supporting cross-agency intelligence sharing and secure collaboration for federal and civilian agencies, we'll help DHS accomplish their mission of safeguarding the homeland. Our team will be focused on delivering capabilities like quantum resistant cryptography, artificial intelligence (AI) operations, robotic process automation and classified cloud service integration."

Leidos will provide program management, operations and maintenance, systems engineering, training, information assurance and classified and unclassified cloud computing capabilities integration and services to DHS. This should enable the continued evolution of the Homeland Secure Data Network (HSDN) and the Classified-Local Area Network (C-LAN). The company expects to also leverage advancements in technology to enhance or replace existing network components with newer technologies to help enable higher performance.

Leidos also plans to use an AI for IT operations (AIOps) platform to deliver proactive responses to operational anomalies, helping eliminate issues before users are impacted. Leidos' approach for scanning and cybersecurity services includes innovative network penetration testing methodologies, tools and reporting that can decrease the risk of network intrusion and increase both network reliability and security.

The new award continues Leidos' work for DHS under the Secure Enterprise Network Systems, Services, & Support (SENS3) contract. Under SENS3, Leidos helps DHS maintain a secure, reliable and capable classified information sharing infrastructure that is interoperable across DHS and partner classified environments.

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 46,000 employees support vital missions for government and commercial customers. Headquartered in Reston, Virginia, Leidos reported annual revenues of approximately $14.4 billion for the fiscal year ended December 30, 2022. 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 30, 2022, 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.

Contact:	Melissa Dueñas
	(571) 526-6850
	duenasml@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 Holdings, Inc.