Leidos to advance IT efficiency, security and mission effectiveness for Defense Threat Reduction Agency

Leidos (LDOS) has secured a $205 million contract to modernize and operate IT systems for the Defense Threat Reduction Agency (DTRA).

Rhea-AI Summary

Leidos (LDOS) has secured a $205 million contract to modernize and operate IT systems for the Defense Threat Reduction Agency (DTRA). The five-year Integrated Information Technology Support Services (I3TS) contract focuses on implementing Zero Trust cybersecurity and leveraging artificial intelligence to enhance operational efficiency. Leidos will develop a resilient, secure hybrid cloud architecture and implement data-driven operations to modernize DTRA's enterprise.

This contract expands Leidos' presence within the Department of Defense's "Fourth Estate" and builds upon their existing relationship with DTRA. The project aims to help DTRA deter, prevent, and counter emerging global threats through enhanced IT capabilities and security measures.

Positive

• Secured significant $205 million contract with DTRA
• Five-year contract duration provides stable revenue stream
• Expands presence in Department of Defense's Fourth Estate
• Strengthens existing relationship with DTRA
• Opportunity to implement innovative solutions across department

Negative

• None.

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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 www.leidos.com.

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) 526-6257
Brandon.p.vervelde@leidos.com 

 

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SOURCE Leidos Holdings, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the value and duration of Leidos (LDOS) new DTRA contract?

Leidos secured a $205 million contract with DTRA for a five-year period to provide Integrated Information Technology Support Services (I3TS).

What services will Leidos (LDOS) provide to DTRA under the new contract?

Leidos will modernize and operate IT systems, implement Zero Trust cybersecurity, develop hybrid cloud architecture, and use AI technologies to enhance operational efficiency.

How does the DTRA contract impact Leidos (LDOS) position in defense contracting?

The contract expands Leidos' presence in the Department of Defense's Fourth Estate and strengthens their existing relationship with DTRA, creating opportunities for implementing solutions across the department.

What technologies will Leidos (LDOS) implement in the DTRA contract?

Leidos will implement artificial intelligence technologies, Zero Trust cybersecurity, and develop a resilient, secure hybrid cloud architecture for data-driven operations.