Leidos Gets $159M NASA Space Cargo Handling Contract

A Leidos (NYSE: LDOS) subsidiary has received a potential $159 million contract from NASA to pack pressurised cargo for delivery to and from the International Space Station.

Houston-based Leidos Innovations Corp. will provide NASA engineering sustainment services for transport hardware, flight crew equipment, simple payload facilities, payload support items and ancillary system hardware in support of deliveries to the orbiting laboratory under the Cargo Mission Contract 3, NASA said Saturday.

The CMC3 cost-plus-award-fee contract has an indefinite-delivery/indefinite-quantity component and a base term of two years, three option years and another 18-month option.

The contract also covers verification of cargo carriers, cargo return and shipment of cargo to next-level integrators.

The CMS3 contract also provides NASA the option to recertify or modify hardware to support cargo transport and other requirements.

The company will begin work on Jan. 2, 2018, as part of the contract™s phase-in period.