{"id":468486,"date":"2021-03-31T08:03:48","date_gmt":"2021-03-31T12:03:48","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=468486"},"modified":"2021-03-31T08:03:48","modified_gmt":"2021-03-31T12:03:48","slug":"leidos-awarded-contract-to-manage-the-navys-towed-array-repair-depot","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/leidos-awarded-contract-to-manage-the-navys-towed-array-repair-depot\/","title":{"rendered":"Leidos Awarded Contract to Manage the Navy&#8217;s Towed Array Repair Depot"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">RESTON, Va.<\/span>, <span class=\"xn-chron\">March 31, 2021<\/span> \/PRNewswire\/ &#8212;\u00a0Leidos (NYSE: LDOS), a FORTUNE\u00ae 500 science and technology leader, today announced it has been awarded a prime contract by the Naval Undersea Warfare Center (NUWC) &#8211; Newport Division to provide engineering, technical and management services for the Naval Array Technical Support Center. The single-award, indefinite delivery\/indefinite quantity, cost-plus-fixed-fee \/ firm-fixed-price contract\u00a0has a total estimated value of <span class=\"xn-money\">$149.2 million<\/span>. Work will be performed primarily in <span class=\"xn-location\">Newport, Rhode Island<\/span>. <\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/4662\/leidos_logo_4817_21071_.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/4662\/leidos_logo_4817_21071_.jpg\" title=\"Leidos logo. (PRNewsFoto\/Leidos)\" alt=\"Leidos logo. (PRNewsFoto\/Leidos)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>&#8220;This award underscores our commitment to providing our customers with the solutions needed to address the current and emerging security threats in the undersea and maritime environment,&#8221; said <span class=\"xn-person\">Will Johnson<\/span>, Leidos Senior Vice President, Logistics and Mission Support. &#8220;Leidos has supported the Naval Array Technical Support Center for more than 15 years. We are expanding our commitment by deploying new innovative technologies to sustain the Navy&#8217;s competitive advantage in undersea warfare.&#8221; <\/p>\n<p>Through this contract, Leidos will perform tasks for the U.S. Navy&#8217;s Sensors and SONAR Systems Department. Leidos will be responsible for production engineering, technical and logistics support of the Navy and Foreign Military Sales&#8217; towed array assets. Key services also include manufacturing, upgrading and troubleshooting towed array systems currently in service, as well as systems recently taken out of service and others that may enter the fleet. <\/p>\n<p>The Naval Array Technical Support Center is the depot-level repair service for surface ships and submarine-towed sonar arrays. NUWC provides research, development, testing and evaluation, engineering, analysis, assessment and fleet support capabilities. These capabilities support submarines, autonomous underwater systems and both offensive and defensive weapons systems associated with undersea warfare. <\/p>\n<p>\n        <b><br \/>\n          <u>About Leidos<\/u><br \/>\n        <\/b>\n      <\/p>\n<p>Leidos is a Fortune 500\u00ae information technology, engineering, and science solutions and services leader working to solve the world&#8217;s toughest challenges in the defense, intelligence, homeland security, civil, and health markets. The company&#8217;s 39,000 employees support vital missions for government and commercial customers. Headquartered in <span class=\"xn-location\">Reston, Va.<\/span>, Leidos reported annual revenues of approximately <span class=\"xn-money\">$12.30 billion<\/span> for the fiscal year ended <span class=\"xn-chron\">January 1, 2021<\/span>. For more information, visit <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3114101-1&amp;h=1034749898&amp;u=http%3A%2F%2Fwww.leidos.com%2F&amp;a=www.Leidos.com\" rel=\"nofollow noopener noreferrer\">www.Leidos.com<\/a>. <\/p>\n<p>\n        <i>Statements in this announcement, other than historical data and information, constitute forward-looking statements that involve risks and uncertainties. A number of factors could cause our actual results, performance, achievements, or industry results to be very different from the results, performance, or achievements expressed or implied by such forward-looking statements. Some of these factors include, but are not limited to, the risk factors set forth in the company&#8217;s Annual Report on Form 10-K for the period ended <span class=\"xn-chron\">January 1, 2021<\/span>, and other such filings that Leidos makes with the SEC from time to time. Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof.<\/i>\n      <\/p>\n<div>\n<table id=\"convertedTable7b48\" cellspacing=\"0\" cellpadding=\"0\" border=\"1\" class=\"prntblns\">\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Contact:\u00a0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Melissa Due\u00f1as\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(571) 526-6850\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <a target=\"_blank\" href=\"mailto:Duenasml@leidos.com\" class=\"prnews_a\" rel=\"nofollow noopener noreferrer\">Duenasml@leidos.com<\/a><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Thomas Doheny <br \/><\/span><br \/>\n                <span class=\"prnews_span\">(571) 474-4735<br \/><\/span><br \/>\n                <span class=\"prnews_span\"><br \/>\n                  <a target=\"_blank\" href=\"mailto:Dohenyt@leidos.com\" class=\"prnews_a\" rel=\"nofollow noopener noreferrer\">Dohenyt@leidos.com<\/a><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=PH27191&amp;sd=2021-03-31\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/leidos-awarded-contract-to-manage-the-navys-towed-array-repair-depot-301259334.html\">http:\/\/www.prnewswire.com\/news-releases\/leidos-awarded-contract-to-manage-the-navys-towed-array-repair-depot-301259334.html<\/a><\/p>\n<p>SOURCE  Leidos Holdings, Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=PH27191&amp;Transmission_Id=202103310800PR_NEWS_USPR_____PH27191&amp;DateId=20210331\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire RESTON, Va., March 31, 2021 \/PRNewswire\/ &#8212;\u00a0Leidos (NYSE: LDOS), a FORTUNE\u00ae 500 science and technology leader, today announced it has been awarded a prime contract by the Naval Undersea Warfare Center (NUWC) &#8211; Newport Division to provide engineering, technical and management services for the Naval Array Technical Support Center. The single-award, indefinite delivery\/indefinite quantity, cost-plus-fixed-fee \/ firm-fixed-price contract\u00a0has a total estimated value of $149.2 million. Work will be performed primarily in Newport, Rhode Island. &#8220;This award underscores our commitment to providing our customers with the solutions needed to address the current and emerging security threats in the undersea and maritime environment,&#8221; said Will Johnson, Leidos Senior Vice President, Logistics and Mission Support. &#8220;Leidos has supported the Naval Array &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/leidos-awarded-contract-to-manage-the-navys-towed-array-repair-depot\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Leidos Awarded Contract to Manage the Navy&#8217;s Towed Array Repair Depot&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-468486","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Leidos Awarded Contract to Manage the Navy&#039;s Towed Array Repair Depot - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/leidos-awarded-contract-to-manage-the-navys-towed-array-repair-depot\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Leidos Awarded Contract to Manage the Navy&#039;s Towed Array Repair Depot - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire RESTON, Va., March 31, 2021 \/PRNewswire\/ &#8212;\u00a0Leidos (NYSE: LDOS), a FORTUNE\u00ae 500 science and technology leader, today announced it has been awarded a prime contract by the Naval Undersea Warfare Center (NUWC) &#8211; Newport Division to provide engineering, technical and management services for the Naval Array Technical Support Center. The single-award, indefinite delivery\/indefinite quantity, cost-plus-fixed-fee \/ firm-fixed-price contract\u00a0has a total estimated value of $149.2 million. Work will be performed primarily in Newport, Rhode Island. &#8220;This award underscores our commitment to providing our customers with the solutions needed to address the current and emerging security threats in the undersea and maritime environment,&#8221; said Will Johnson, Leidos Senior Vice President, Logistics and Mission Support. &#8220;Leidos has supported the Naval Array &hellip; Continue reading &quot;Leidos Awarded Contract to Manage the Navy&#8217;s Towed Array Repair Depot&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/leidos-awarded-contract-to-manage-the-navys-towed-array-repair-depot\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-31T12:03:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/4662\/leidos_logo_4817_21071_.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/leidos-awarded-contract-to-manage-the-navys-towed-array-repair-depot\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/leidos-awarded-contract-to-manage-the-navys-towed-array-repair-depot\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Leidos Awarded Contract to Manage the Navy&#8217;s Towed Array Repair Depot\",\"datePublished\":\"2021-03-31T12:03:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/leidos-awarded-contract-to-manage-the-navys-towed-array-repair-depot\\\/\"},\"wordCount\":488,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/leidos-awarded-contract-to-manage-the-navys-towed-array-repair-depot\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/4662\\\/leidos_logo_4817_21071_.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/leidos-awarded-contract-to-manage-the-navys-towed-array-repair-depot\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/leidos-awarded-contract-to-manage-the-navys-towed-array-repair-depot\\\/\",\"name\":\"Leidos Awarded Contract to Manage the Navy's Towed Array Repair Depot - 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The single-award, indefinite delivery\/indefinite quantity, cost-plus-fixed-fee \/ firm-fixed-price contract\u00a0has a total estimated value of $149.2 million. Work will be performed primarily in Newport, Rhode Island. &#8220;This award underscores our commitment to providing our customers with the solutions needed to address the current and emerging security threats in the undersea and maritime environment,&#8221; said Will Johnson, Leidos Senior Vice President, Logistics and Mission Support. &#8220;Leidos has supported the Naval Array &hellip; Continue reading \"Leidos Awarded Contract to Manage the Navy&#8217;s Towed Array Repair Depot\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/leidos-awarded-contract-to-manage-the-navys-towed-array-repair-depot\/","og_site_name":"Market Newsdesk","article_published_time":"2021-03-31T12:03:48+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/4662\/leidos_logo_4817_21071_.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/leidos-awarded-contract-to-manage-the-navys-towed-array-repair-depot\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/leidos-awarded-contract-to-manage-the-navys-towed-array-repair-depot\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Leidos Awarded Contract to Manage the Navy&#8217;s Towed Array Repair Depot","datePublished":"2021-03-31T12:03:48+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/leidos-awarded-contract-to-manage-the-navys-towed-array-repair-depot\/"},"wordCount":488,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/leidos-awarded-contract-to-manage-the-navys-towed-array-repair-depot\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/4662\/leidos_logo_4817_21071_.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/leidos-awarded-contract-to-manage-the-navys-towed-array-repair-depot\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/leidos-awarded-contract-to-manage-the-navys-towed-array-repair-depot\/","name":"Leidos Awarded Contract to Manage the Navy's Towed Array Repair Depot - 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