RESTON, Va., Jan. 29, 2018 /PRNewswire/ -- Leidos (NYSE: LDOS), a FORTUNE 500® science, information technology, and engineering leader, was awarded a prime contract by the General Services Administration (GSA), Office of Chief Information Officer for the Office of Public Buildings Information Technology Services (ITS) to provide information technology (IT), operation, and maintenance services with the potential to modernize and enhance legacy systems to improve organizational performance. The multiple-award, blanket purchase agreement has a one-year base period, four one-year option periods, and a total contract value of approximately $250 million. Leidos is one of seven contractors eligible to compete for task orders under the program.
The PBS aims to provide effective and sustainable workplace solutions for federal agencies at the best value for the American Taxpayer. Work will be performed in Crystal City, Va. and will include technology development and support for a portfolio including 20 applications. Leidos will perform various IT services such as design, database and application development, support specialized building life-cycle systems and mobile, cloud and digital services. Work will help establish a continuous process improvement function and identify IT investments that can better enable operational processes.
"We look forward to expanding our partnership with the GSA and providing innovative technology solutions that create efficiencies," said Angela Heise, Leidos Civil Group President.
Leidos is a Fortune 500® science and technology 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 $7.04 billion for the fiscal year ended December 30, 2016. 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 30, 2016, 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.