Leidos Secures $93M Contract To Provide Supply Support For U.S. Navy And Marine Corps Weapons Systems Under NAVSUP's TARP Program; Contract Includes One-Year Base With Four One-Year Options And A Six-Month Extension
Portfolio Pulse from Benzinga Newsdesk
Leidos has been awarded a $93 million contract to provide supply support for U.S. Navy and Marine Corps weapons systems under NAVSUP's TARP program. The contract includes a one-year base period, four one-year options, and a six-month extension.

October 30, 2024 | 12:07 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Leidos has secured a $93 million contract to provide supply support for U.S. Navy and Marine Corps weapons systems, potentially boosting its revenue and strengthening its position in defense contracting.
The $93 million contract is significant for Leidos as it enhances its revenue stream and solidifies its role in defense contracting. The contract's structure, with a base year and options for extension, provides potential for long-term engagement and financial stability.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100