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Stock impact report

Leidos Awarded Distributed Common Ground System - Navy Prime Technical Support Contract

Leidos Holdings, Inc. (LDOS) 
Last leidos holdings, inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: investors.leidos.com
Company Research Source: PR Newswire
RESTON, Va., May 22, 2017 /PRNewswire/ -- Leidos (NYSE: LDOS), a global science and technology company, was awarded a prime contract by the Space and Naval Warfare Systems Command (SPAWAR) Systems Center Atlantic to provide technical expertise to sustain and update Distributed Common Ground System – Navy (DCGS-N) Family of Systems (FoS). The single-award cost-plus fixed-fee contract has a one-year base period of performance, a single year option, and a total contract value of approximately $43 million if the option is exercised. Work will be performed primarily in Charleston, S.C., Suitland, Md., Norfolk, Va., San Diego, Calif., and Fallon, Nev. DCGS-N is the Navy's shipboard and ashore intelligence enterprise, providing primary intelligence, surveillance, reconnaissance, and targeting support capability.  Afloat or ashore, DCGS-N tools are critical for the operational commander's battlespace awareness and netcentric operations. Under the follow-on contract in Show less Read more
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