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.
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.