Leidos to provide U.S. Army Common Driver Training systems services
(Reston, Va.) January 16, 2019 – Leidos (NYSE:LDOS), a FORTUNE® 500 science and technology leader, has won a new contract by the U.S. Army's Program Executive Office for Simulation, Training and Instrumentation (PEO STRI) to produce, refresh hardware/software, and upgrade capabilities to the Army’s Common Driver Trainer (CDT) Virtual Product Line (VPL). Also under the contract, Leidos will provide the U.S. Marine Corps (USMC) with a full replacement of the existing Operator Driver Simulators (ODS). The single award, indefinite delivery/indefinite quantity, firm-fixed-price contract has a five-year base period of performance followed by two one-year option periods, and an approximate value of $110 million if all options are exercised. Work will be performed in Orlando, FL.
Under the contract, Leidos will provide a technology refresh of the CDT systems to support training on several different vehicle types including the US Army Tank Engineering Variant, Stryker, Mine-Resistant Ambush-Protected (MRAP) vehicles, and other tactical wheeled variants. There will also be a production of Tactical Wheeled Variant trainers that will be delivered to Fort Leonard Wood for added driver training development. Additionally, the contract includes a complete replacement of all USMC driving simulators that will feature standalone student training stations, 24 new trainers in 12 trailers, and 8 new vehicle simulator modules.
The CDT product line provides training in critical driver or crew tasks that are either time consuming, resource constrained or too dangerous to conduct on actual equipment. With the use of a CDT simulator, tasks can be easily repeated for enhanced training. The new systems are expected to provide productive solutions that will reduce down time, increase fidelity, and correct several issues found in past systems including vehicle dynamics.
“We look forward to providing the U.S. Army with the next generation of virtual training systems so they are ready to deploy, fight and win decisively against any adversary” said Gerry Fasano, Leidos Defense Group president. “This win enables Leidos to deliver efficient, cost-effective, and measurable common driver training that keeps our military servicemen and women situationally aware and ready to respond at all times.”
About Leidos
Leidos is a Fortune 500® information technology, engineering, and science solutions and services leader working to solve the world’s toughest challenges in the defense, intelligence, homeland security, civil, and health markets. The company’s 33,000 employees support vital missions for government and commercial customers. Headquartered in Reston, Va., Leidos reported annual revenues of approximately $10.19 billion for the fiscal year ended December 28, 2018. For more information, visit www.Leidos.com.
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’s Annual Report on Form 10-K for the period ended December 28, 2018, 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.
