Leidos (LDOS) was recently awarded a new contract to modernize the U.S. Army’s network in alignment with the Army’s Network Modernization Strategy and Army Unified Network Plan. The contract was awarded by the Army Program Executive Office for Command, Control and Communications-Tactical Global Enterprise Network Modernization-OCONUS. The contract has a one-year base period of performance with four one-year option periods. The contract has a total value of $331M if all options are exercised.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See today’s best-performing stocks on TipRanks >>

Read More on LDOS:

• Leidos price target raised to $194 from $169 at Citi

• Leidos awarded $249M contract by Army Contract Command

• Leidos awarded $303M U.S. Air Force contract

• Leidos names Leslie Fautsch as chief human resources officer

• Leidos announces small cruise missile completes separation flight tests