Leidos awarded $206M NGA mission software modernization contract

Rhea-AI Summary

Leidos, a Fortune 500 innovation leader, secured a $206 million contract from the National Geospatial-Intelligence Agency to modernize geospatial processing. The contract, named Maru, aims to enhance efficiency and interoperability over a five-year period. Leidos will develop, sustain, and deploy analytical capabilities for geospatial processing, supporting NGA's day-to-day operations.

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Positive

• Secured a $206 million contract with NGA to modernize geospatial processing

• Leidos positioned as an innovation leader in the geospatial community

• Global experience in mission software and tech-enabled services to drive innovation

Negative

• None.

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RESTON, Va., May 1, 2024 /PRNewswire/ -- Leidos (NYSE:LDOS), a Fortune 500® innovation leader, was recently awarded a contract by the National Geospatial-Intelligence Agency's (NGA) Exploitation Services Program to sustain and modernize geospatial processing for increased efficiency and interoperability. The single award, indefinite delivery, indefinite quantity (IDIQ) contract, referred to as Maru, has a ceiling value of $206 million, if all task orders are exercised over a five-year period of performance.

"Geospatial analysts and data scientists face a deluge of data at a demanding pace," said Roy Stevens, Leidos National Security Sector President. "Leidos' intelligence analysts and software experts are working together to create better geospatial tools to support NGA's mission." 

Under Maru, Leidos will provide mission software development, sustainment and technology insertion, testing and user-acceptance, and enterprise deployment of analytical capabilities for geospatial processing. The systems support NGA's day-to-day operations, including imagery and geospatial analysis, as well as data and imagery science.

Leidos draws on its global experience in mission software and tech-enabled services, including intelligence tradecraft, to lead innovation in the geospatial community.

About Leidos

Leidos is a Fortune 500^® innovation company rapidly addressing the world's most vexing challenges in national security and health. The company's global workforce of 47,000 collaborates to create smarter technology solutions for customers in heavily regulated industries. Headquartered in Reston, Virginia, Leidos reported annual revenues of approximately $15.4 billion for the fiscal year ended December 29, 2023. For more information, visit www.leidos.com. 

Approved for public release, NGA-U-2024-00902.

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 29, 2023, 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:

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

Alyssa Pettus                                                             
(571) 526-6743
alyssa.t.pettus@leidos.com

Greg Hellman
(571) 526-7592
greg.hellman@leidos.com

 

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SOURCE Leidos Holdings, Inc.

FAQ

What contract was awarded to Leidos recently by NGA?

Leidos was awarded the Maru contract by the National Geospatial-Intelligence Agency.

What is the value of the contract awarded to Leidos by NGA?

The contract has a ceiling value of $206 million.

What services will Leidos provide under the Maru contract?

Leidos will provide mission software development, sustainment, technology insertion, testing, and user-acceptance, and enterprise deployment of analytical capabilities for geospatial processing.

Who will benefit from the modernization of geospatial processing by Leidos?

The modernization aims to benefit NGA's day-to-day operations, including imagery and geospatial analysis, as well as data and imagery science.