01.05.2024 16:29:25 - dpa-AFX: Leidos Holdings Secures $206 Mln NGA Mission Software Modernization Contract

WASHINGTON (dpa-AFX) - Leidos Holdings, Inc. (LDOS), Wednesday announced
that it has received a contract by the National Geospatial-Intelligence Agency
or NGA's Exploitation Services Program to revamp and maintain efficiency and
operability of geospatial processing.

The contract, referred as Maru, is capped at $206 million, if all the tasks are
executed within a five-year period, the company stated.

The technology solutions provider would offer services such as, mission software
development, sustainment and technology insertion, testing and user-acceptance,
and enterprise deployment of analytical capabilities for geospatial processing.

Currently, Leidos's stock is moving down 1.04 percent, to $138.76 on the New
York Stock Exchange.



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
Leidos Holdings A1W5CT NYSE 144,850 07.06.24 03:00:59 +0,610 +0,42% 140,050 145,130 144,420 144,850

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