Leidos to Showcase Innovative Solutions and Capabilities at Sea-Air-Space 2021

Rhea-AI Summary

Leidos (NYSE: LDOS) will exhibit its advanced solutions for U.S. naval forces at the 2021 Sea-Air-Space Exposition from August 2-4 in National Harbor, MD. The company has expanded its maritime portfolio through acquisitions including Dynetics and Gibbs & Cox, enhancing capabilities in hypersonics and IT services. Leidos is now responsible for the Navy's $7.7 billion Next Generation Enterprise Network contract, focusing on modernizing digital infrastructure. The exhibition will also feature autonomous vessels like Sea Hunter and Seahawk, showcasing innovations in maritime technology.

Positive

• Expanded maritime portfolio through acquisitions of Dynetics, 1901 Group, and Gibbs & Cox.
• Authorization for full operational responsibility in the Navy's $7.7 billion Next Generation Enterprise Network contract.
• Showcasing advanced technologies and autonomous vessels at a major defense exposition.

Negative

• None.

RESTON, Va., July 30, 2021 /PRNewswire/ -- Leidos (NYSE: LDOS), a FORTUNE® 500 science and technology leader, will showcase its innovative solutions and capabilities for U.S. naval forces during the 2021 Sea-Air-Space Exposition August 2-4 in National Harbor, MD. Sea-Air-Space brings the U.S. defense industry and key military decision makers together for three days of informative educational sessions and important policy discussions.

Leidos has significantly expanded its maritime portfolio over the last two years – including acquiring Dynetics, 1901 Group and the naval architecture firm Gibbs & Cox. The acquisitions have added innovative capabilities to the company's arsenal in areas such as hypersonics, IT managed services, cloud migration, autonomy, and platform capability. Additionally, the company recently received authorization to assume full operational responsibility for the Navy's and Marine Corps' three on-shore IT networks as part of the Navy's $7.7 billion Next Generation Enterprise Network (NGEN) Service Management, Integration and Transport (SMIT) contract. The contract is critical to helping the Navy modernize its digital infrastructure.

"As technology continues to evolve rapidly, and adversaries become more sophisticated, our customers must also adapt to maintain a competitive offensive and defensive edge," said Nevin Carr, Leidos' Navy Strategic Account Executive. "Leidos has supported the U.S. Navy's critical programs for over 90 years. We look forward to showcasing our innovative solutions and mission support to help the Navy keep the seas safe and free."

With the U.S. Department of Defense turning to unmanned maritime autonomous platforms, the company plans to showcase Sea Hunter and Seahawk, cutting-edge autonomous vessels, and a variety of undersea solutions. Autonomous vessels are designed to operate with little human involvement, thus providing a forward-deployed and rapid-response asset for the global maritime surveillance network and other missions. Leidos experts will also highlight their newest technologies, including DevSecOps processes, Edge-to-Cloud, JADC2/Overmatch, and multi-domain ISR. 

For more information, visit the Leidos conference booth #738 or www.leidos.com.

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 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.

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.

Melissa Dueñas
(571) 526-6850
Melissa.L.Duenas@leidos.com 

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

Jalen Drummond 
(571) 992-5046
Jalen.Drummond@leidos.com 

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SOURCE Leidos Holdings, Inc.

FAQ

What will Leidos showcase at the 2021 Sea-Air-Space Exposition?

Leidos will showcase innovative solutions for U.S. naval forces, including autonomous vessels like Sea Hunter and Seahawk.

What recent acquisitions has Leidos made to expand its maritime portfolio?

Leidos has acquired Dynetics, 1901 Group, and Gibbs & Cox to enhance its maritime capabilities.

What is the value of the Next Generation Enterprise Network contract Leidos has taken responsibility for?

Leidos is responsible for the Navy's $7.7 billion Next Generation Enterprise Network contract.

Where will the 2021 Sea-Air-Space Exposition take place?

The exposition will be held in National Harbor, MD from August 2-4, 2021.