LDOS Leidos Holdings Inc

RESTON, Va., Nov. 28, 2018 /PRNewswire/ -- Leidos (NYSE: LDOS), a FORTUNE^® 500 science and technology leader, has been awarded a task order by the U.S. Department of Commerce (DOC) National Oceanic and Atmospheric Administration (NOAA) to manage cyber and enterprise security operations for the organization. The single award, firm-fixed-price, time and materials task order has a one-year base performance period and four one-year option years with a total value of approximately $100 million if all options are exercised.

Leidos cybersecurity experts will build on NOAA's existing cyber methodologies and Leidos' in-depth knowledge of transforming security operations centers to ensure the NOAA Cyber Security Center (NCSC) can continuously conduct enterprise monitoring and situational awareness for network security events against sophisticated attacks across an asset base supporting over 20,000 users. Similarly, Leidos will help the DOC Enterprise Security Operations Center (ESOC) provide department-wide, 24x7, near real-time cybersecurity status information to enable timely decision-making across all Commerce bureaus.

"Leidos creates a culture of cyber excellence by implementing critical analysis and a strong network defense that ensures mission resiliency for our customers," said Angie Heise, Leidos Civil Group President. "Cyber is one of our core competencies, and we assembled a team of cybersecurity experts to meet NOAA and DOC's mission requirements. Our Technical Advisory Group to the program has more than 50 years of security experience applying scalable, cost-efficient cyber solutions that protect our customers' most critical data and information."

NOAA provides environmental data and information that focuses on conditions of oceans, major waterways, and the atmosphere. To facilitate a mission that reaches from sea to space, NOAA relies on a secure and resilient global network infrastructure. Under the task order, Leidos will meet the operational needs for both the NCSC and the DOC ESOC. This integrative solution will include support services as well as the application of future infrastructure, hardware, software, processes, and procedures that ensure NOAA and DOC maintain comprehensive situational awareness to effectively manage risk through visibility and measurable cybersecurity.

About Leidos
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 32,000 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.

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SOURCE Leidos