Leidos‘ (NYSE: LDOS)Â Abacus Innovations Australia subsidiary has secured an estimated $418.7 contract from Australia’sÂ defense department to provideÂ computer equipment and accessories as well asÂ centralized processing services to the country’sÂ chief information officer group, ARN reported Friday.
Leon Spencer writes the award runs through 2023 andÂ follows an approximately $610 million dealÂ thatÂ Lockheed Martin‘s (NYSE: LMT) former information systems and global solutions business secured from Australia’s defense department to provideÂ centralized processing services up toÂ 2022.
Abacus is a spinoff company that resulted from theÂ August mergerÂ of Leidos andÂ Lockheed’s IS&GS business.
Spencer writes Australian Defense CIO Peter Lawrence has said centralized processingÂ would consolidate information technology infrastructure and applications to support the department’s data center service delivery.
The program with Abacus is part of theÂ Australian defense department’s larger effortÂ to update its IT functions, the report said.