Leidos Secures $7.9 Bln Next-generation Prime Contract From U.S. Army

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2023-09-19 12:19:18  • 1 min

(RTTNews) - Technology firm Leidos Holdings, Inc. (LDOS) announced Tuesday it was recently awarded a next-generation prime contract to provide the U.S. Army with rapid procurement of information technology (IT) hardware solutions. The contract has a maximum value of $7.9 billion if all options are exercised.

The single-award, firm-fixed-price contract was awarded by Army Contracting Command-Aberdeen Proving Ground. The indefinite delivery, indefinite quantity (IDIQ) contract has a base period of performance of four years with two three-year options.

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