Leidos (NYSE: LDOS) has won a potential three-year, $94.8 million delivery order under a U.S. Navy contract to support the branch’s Overlord Unmanned Surface Vessel and Medium Unmanned Surface Vehicle platforms.
The cost-plus-fixed-fee order has a $54.7 million base value for the performance of work through February 2024 and the award includes options that would extend services by two years, according to a Department of Defense announcement published Friday.
Naval Sea Systems Command received five proposals for the order and will obligate $468,350 at the time of award using the branch’s fiscal 2023 research, development, test and evaluation funds.
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Leidos is among the corporate sponsors of the Potomac Officers Club’s 4th Annual CIO Summit, an in-person event scheduled for May 16. Register here.