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  • Thursday, December 26, 2024

Leidos Secures $149M Contract to Help Manage Navy’s Array Tech Hub

Leidos (NYSE: LDOS) has won a five-year, $149.2M contract to provide the U.S. Navy supplies and services necessary for naval array technical support center operations.

The Naval Undersea Warfare Center Division received four offers for the indefinite-delivery/indefinite-quantity contract via a full and open competition, the Department of Defense said Thursday.

The Navy plans to obligate $13.8M on the initial task order from the branch's Service Cost Center account, which DoD describes as an overhead funding source not assigned under a specific fiscal year.

The company will perform contract work in Rhode Island and Virginia through November 2025.

The Navy will finance initial work via $13.8M in service cost center funds, allotments not assigned under a specific fiscal year.

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