Leidos launches $1 million 'Move the Needle' employee vaccine sweepstakes

Rhea-AI Summary

Leidos (NYSE: LDOS) has initiated the 'Move the Needle' sweepstakes, offering $1 million in prizes to encourage COVID-19 vaccinations among its employees. The program, announced on July 7, 2021, will award ten employees with their annual salary, drawn from approximately 35,000 eligible full-time U.S. employees. This initiative is part of Leidos' broader mission to enhance public health and safety. The sweepstakes runs from June 28 to October 29, 2021, highlighting the company's commitment to investing in its workforce to promote vaccination efforts.

Positive

• Leidos is investing $1 million to incentivize employee vaccinations, enhancing workforce health.
• The initiative focuses on public health, aligning with Leidos' long-term mission.

Negative

• None.

RESTON, Va., July 7, 2021 /PRNewswire/ -- Leidos (NYSE: LDOS), a Fortune 500® science and technology leader, announced today an internal promotion to encourage employee vaccinations against COVID-19 across the country. Leidos will award approximately $1 million in total prize money to ten employee winners, each receiving the equivalent of their annual salaries.

"For more than 50 years, Leidos' mission has been to make the world safer, healthier and more efficient. Today we are doubling down on that charter," said Roger Krone, Leidos chairman and CEO. "Through this campaign, we are investing in our people and providing a tangible incentive to save lives. If it encourages even one person to get the vaccine, it's money well spent."

As The Washington Post reported this week, Leidos launched the $1 million Move the Needle sweepstakes on June 28 and it continues through October 29, 2021. Ten winners will be randomly drawn from eligible entries. The sweepstakes is open to all U.S.-based, full-time employees with the exception of certain senior-level leaders. Leidos has approximately 35,000 U.S.-based employees.

No purchase necessary and participation is voluntary. The sweepstakes is subject to the official rules and limited to current employees. Additional details and official rules are available at Leidos.com/move-the-needle.

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, civil, and health markets. The company's 40,000 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.

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

View original content to download multimedia:https://www.prnewswire.com/news-releases/leidos-launches-1-million-move-the-needle-employee-vaccine-sweepstakes-301326954.html

SOURCE Leidos

FAQ

What is the 'Move the Needle' sweepstakes by Leidos?

The 'Move the Needle' sweepstakes is a program offering $1 million in prizes to encourage COVID-19 vaccinations among eligible Leidos employees.

When does the Leidos vaccine sweepstakes run?

The sweepstakes runs from June 28 to October 29, 2021.

Who is eligible for the Leidos vaccine sweepstakes?

All U.S.-based, full-time Leidos employees, except certain senior-level leaders, are eligible to participate.

How many winners will be chosen in the Leidos sweepstakes?

Ten winners will be randomly drawn from eligible entries to receive prizes equivalent to their annual salary.

What is the main goal of the Leidos vaccine initiative?

The initiative aims to encourage COVID-19 vaccinations among employees and promote overall public health.