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Leidos Awarded $470.7 Million TSA Contract to Provide Checkpoint Screening Equipment Deployment Services

Published: 2021-06-23 12:00:00 ET

RESTON, Va., June 23, 2021 /PRNewswire/ -- Leidos (NYSE:LDOS), a FORTUNE® 500 science and technology leader, was recently awarded a prime contract by the Transportation Security Authority (TSA) to provide services related to the deployment of Transportation Screening Equipment (TSE). Through this contract, Leidos will help TSA deploy checkpoint screening equipment across all federalized airports in the U.S. and its territories. The indefinite delivery/indefinite quantity award has a total ceiling value of $470.7 million.

"Leidos has always been fully committed to the safety of our transportation system," said Leidos Intelligence Group President Vicki Schmanske. "We understand the magnitude of TSA's missions and are proud to provide continued support as they deploy the most efficient and effective capabilities and technologies for checkpoint screening operations. Helping TSA ensure freedom of movement for people and commerce is one of the core ways Leidos is making the world safer, healthier and more efficient."

Under this contract, Leidos will conduct surveys while providing on-site coordination, design support, planning and execution for screening equipment installations, relocations and removals. In addition to airports, the contract includes security support for special events, such as presidential inaugurations and spectator events, along with international efforts.

The Leidos team has been supporting TSA with the deployment of TSE for over 12 years through the Transportation Security Equipment Deployment Services (TEDS) and the Security Equipment and Systems Integration (SESI) contracts. Leidos also provides maintenance of TSE at all U.S. federalized airports via the Integrated Logistics Support (ILS) contract award.

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, civil, and health markets. The company's 40,000 employees support vital missions for government and commercial customers. Headquartered in Reston, Va., Leidos reported annual revenues of approximately $12.30 billion for the fiscal year ended January 1, 2021. 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 January 1, 2021, 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.

Contact: Melissa Dueñas(571) 526-6850Duenasml@leidos.com

Thomas Doheny(571) 526-7601dohenyt@leidos.com

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SOURCE Leidos Holdings, Inc.

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Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.