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