Leidos Awarded $249M Army Force Protection Contract To Provide Enhanced Biometrics Applications For 92 Additional CONUS And OCONUS Locations
Portfolio Pulse from Benzinga Newsdesk
Leidos has been awarded a $249 million contract by the U.S. Army to provide enhanced biometrics applications for security at 92 additional locations. This six-year contract aims to improve security at Army and select joint-service installation access points worldwide.
October 09, 2024 | 12:02 pm
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Leidos has been awarded a significant $249 million contract by the U.S. Army to enhance biometrics security at various locations. This contract is expected to positively impact Leidos' revenue and market position in defense and security services.
The $249 million contract is a substantial addition to Leidos' portfolio, likely increasing its revenue and strengthening its position in the defense sector. The long-term nature of the contract (six years) provides stability and potential for further growth.
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