Blog Exposure – Leidos Secures Task Order from US Army Corps of Engineers to Provide Continued Mission-Critical IT Support

Stock Monitor: Globant Post Earnings Reporting

LONDON, UK / ACCESSWIRE / May 21, 2018 / If you want access to our free research report on Leidos Holdings, Inc. (NYSE: LDOS) (“Leidos”), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=LDOS as the Company’s latest news hit the wire. On May 17, 2018, the Company announced that it has received a task order from the US Army Corps of Engineers (USACE)’s Engineering and Support Center, Huntsville, Alabama, to provide information technology (IT) support services to more than 37,000 USACE customers around the world. Register today and get access to over 1,000 Free Research Reports by joining our site below:

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Active-Investors.com is currently working on the research report for Globant S.A. (NYSE: GLOB), which also belongs to the Technology sector as the Company Leidos Holdings. Do not miss out and become a member today for free to access this upcoming report at:

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Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Leidos Holdings most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:

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The Company currently holds prime contracts with more than half of USACE districts – Louisville, Kentucky; St. Louis; Baltimore; Kansas City, Missouri; Fort Worth, Texas; Mobile, Alabama; and Huntsville, Alabama.

Contract Details

The single-award, firm-fixed-price task order has a one-year base period of performance and two option years with a total contract value of approximately $239.5 million if all options are exercised. Work will be performed nationwide.
The task order, placed under the US General Services Administration’s Alliant Government-wide Acquisition Contract, is part of the USACE Information Technology Enterprise Services – Next Generation program.
Leidos will partner with both large and small companies to ensure the right technology and mix of technical experts are available to perform agile and responsive IT support services at all times.

Leidos has Partnered with the USACE to Deliver Innovative Solutions

Commenting on the announcement, Liz Porter, Senior Vice President at Leidos Federal Energy Environment Operations Group Manager, Leidos, stated that for over 33 years, the Company has partnered with the Army Corps of Engineers to deliver innovative solutions that support their critical missions. Porter added that Leidos will continue to institute a culture focused around preparation, communication, and quick identification and elevation of issues to provide the USACE with reliable and secure IT services.

Leidos’ Recent Contracts

On May 07, 2018, the Company was awarded seven task orders by the National Geospatial-Intelligence Agency (NGA) under the Multi-Intelligence Analytical & Collection Support Services (MACSS) program. The task orders would be executed over the next five and a half years at a total contract value of approximately $250 million. Work would be primarily performed in Springfield, Virginia, and St. Louis.

Leidos Named ‘Best for Vets’ Employer by Military Times

On May 15, 2018, Military Times named Leidos one of the ‘Best for Vets Employers for 2018′. The annual list recognized the top 100 US companies across 30 industries committed to supporting military veterans and their families through culture, recruitment, and company policies. Military Times invited over 2,300 companies across the United States to participate in a detailed survey about their company culture, veteran recruitment, military policies, and accommodations for reservist employees.

About the USACE

The USACE is a US federal agency under the Department of Defense and a major Army command made up of some 37,000 civilian and military personnel, making it one of the world’s largest public engineering, design, and construction management agencies. The USACE’s mission is to strengthen the Unites States’ security by building and maintaining infrastructure and military facilities where service members train, work, and live.

About Leidos Holdings, Inc.

Founded in 1969 and headquartered in Reston, Virginia, Leidos provides services and solutions in the defense, intelligence, civil, and health markets primarily in the United States. The Company operates through three segments, namely (i) Defense Solutions, (ii) Civil, and (iii) Health.

Stock Performance Snapshot

May 18, 2018 – At Friday’s closing bell, Leidos’ stock slightly advanced 0.91%, ending the trading session at $61.31.

Volume traded for the day: 782.97 thousand shares.

Stock performance in the past twelve-month period – up 18.98%

After last Friday’s close, Leidos’ market cap was at $9.32 billion.

Price to Earnings (P/E) ratio was at 33.52.

The stock has a dividend yield of 2.09%.

The stock is part of the Technology sector, categorized under the Information Technology Services industry.

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