Latest news with #BrandonVerVelde
Yahoo
05-05-2025
- Business
- Yahoo
Leidos to advance IT efficiency, security and mission effectiveness for Defense Threat Reduction Agency
RESTON, Va., May 5, 2025 /PRNewswire/ -- Leidos (NYSE:LDOS) will modernize and operate information technology systems for the Defense Threat Reduction Agency (DTRA) enterprise that will help the agency deter, prevent and prevail against emerging threats around the world. As part of this IT transformation, Leidos will support DTRA's advance toward a Zero Trust cybersecurity posture. Through a recently awarded $205 million contract, Leidos will use artificial intelligence technologies to accelerate DTRA's progress toward more automated and efficient operations. Also, Leidos will work to strengthen the DTRA network environment with a resilient, secure, hybrid cloud architecture. "This work expands our long-standing relationship with DTRA and will help raise the bar for our support of their essential mission capabilities," said Bryan Jolly, Leidos senior vice president, digital modernization sector. "Leidos will seek to empower DTRA with data-driven operations, designed to create a modern, secure and efficient enterprise." The five-year DTRA Integrated Information Technology Support Services (I3TS) award expands the company's work within the Department of Defense's "Fourth Estate," which includes agencies and activities that deliver essential support to military operations. It creates opportunities for Leidos to insert proven innovation and repeatable solutions at speed and scale throughout the department. About Leidos Leidos is an industry and technology leader serving government and commercial customers with smarter, more efficient digital and mission innovations. Headquartered in Reston, Virginia, with 48,000 global employees, Leidos reported annual revenues of approximately $16.7 billion for the fiscal year ended January 3, 2025. For more information, visit 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 January 3, 2025, 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. Media Contacts Brandon Ver Velde(571) View original content to download multimedia: SOURCE Leidos Holdings, Inc. Sign in to access your portfolio
Yahoo
03-04-2025
- Business
- Yahoo
Leidos awarded $390 million NSA signals intelligence contract
RESTON, Va., April 3, 2025 /PRNewswire/ -- Leidos (NYSE:LDOS) today announced a new contract to provide signals intelligence (SIGINT) capabilities, engineering, analysis and reporting tools to the National Security Agency (NSA). The base year plus four option years single-award contract has a ceiling value of $390 million. Leidos will perform a wide range of technical, engineering, systems administration and management functions. Tasks include delivery of SIGINT capabilities, analysis and reporting tool modifications, engineering services, lab and testbed management, integration and testing, deployment, training, and sustainment of a subset of NSA systems. "Tailored and unique SIGINT solutions for the military and intelligence community are critical to delivering information superiority at speed," said Roy Stevens, Leidos National Security Sector president. "This contract will leverage Leidos' engineering and technical expertise, as we expand our work with the NSA." Leidos combines expertise in cyber and IT managed services, as well as radar, sensors and other technologies, to develop SIGINT technologies, with end-users always in mind. Those technologies include resilient communications that operate through interruption to keep critical mission data flowing. About Leidos Leidos is an industry and technology leader serving government and commercial customers with smarter, more efficient digital and mission innovations. Headquartered in Reston, Virginia, with 48,000 global employees, Leidos reported annual revenues of approximately $16.7 billion for the fiscal year ended January 3, 2025. For more information, visit 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 January 3, 2025, 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. Media Contact: Brandon Ver Velde (571) View original content to download multimedia: SOURCE Leidos Holdings, Inc.
