National Geospatial-Intelligence Agency Awards Leidos $250 Million Task Orders
RESTON, Va., May 7, 2018 -- Leidos (NYSE: LDOS), a FORTUNE 500® science, information technology, and engineering leader, was awarded 7 task orders by the National Geospatial-Intelligence Agency (NGA) under the Multi-Intelligence Analytical & Collection Support Services (MACSS) program. The task orders will be executed over the next five and a half years at a total contract value of approximately $250 million. Work will be primarily performed in Springfield, Va., and St. Louis.
NGA collects, analyzes and distributes geospatial intelligence in support of national security. Under the task orders, Leidos will provide a variety of analytic support including geospatial and imagery analysis, data science, multimedia services, and full motion video analysis to NGA and its mission partners. Leidos has prime contracts for MACSS Geospatial Intelligence (MACSS GEOINT) and MACSS Full Motion Video (MACSS FMV) and a subcontract for MACSS SOURCE.
Leidos has supported the MACSS program and its predecessor contracts for over a decade and will continue to bring a mix of mission knowledge and a deep bench of skilled analysts with the technical expertise to enhance NGA's critical missions.
"MACSS is one of many large analytic programs we have that supports the national security efforts of the Intelligence Community and the Department of Defense," said Tim Reardon, Leidos Defense & Intelligence President. "This award demonstrates our proven success and steadfast commitment to provide the right people to solve our customer's most challenging problems."
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 31,000 employees support vital missions for government and commercial customers. Headquartered in Reston, Virginia, Leidos reported annual revenues of approximately $10.17 billion for the fiscal year ended December 29, 2017. 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 December 29, 2017, 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.