Thales selected by DGA to equip the French Navy’s new Offshore Patrol Vessels with the latest Maritime Surveillance Technologies

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  November 30, 2020 | International, Aerospace, Naval, Land, C4ISR, Security

  Contract Awards by US Department of Defense - November 27, 2020

  NAVY Lockheed Martin Corp., Rotary and Mission Systems, Syracuse, New York, was awarded a $14,108,019 cost-plus-fixed-fee and cost-only modification to previously awarded contract N00024-18-C-5300 to exercise options for AN/SLQ-32(V)6 design agent engineering services. Work will be performed in Syracuse, New York, and is expected to be completed by November 2021. Fiscal 2021 other procurement (Navy) (91%); and 2021 operation and maintenance (Navy) (9%) funding in the amount of $3,008,846 will be obligated at time of award, of which, $281,857 will expire at the end of the current fiscal year. The Naval Sea Systems Command, Washington, D.C., is the contracting activity. (Awarded Nov. 24, 2020) *Small business https://www.defense.gov/Newsroom/Contracts/Contract/Article/2428811/source/GovDelivery/

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  May 6, 2020 | International, C4ISR

  Leidos completes acquisition of L3Harris Technologies’ Security Detection and Automation Businesses creating a comprehensive, global security and detection portfolio

  (Reston, Va.) May 4, 2020–Leidos (NYSE:LDOS), a FORTUNE® 500 science and technology leader, today announced that it has completed the acquisition of L3Harris Technologies' (“L3Harris”) Security Detection and Automation businesses, for approximately $1 billion in cash. The transaction was previously announced on Feb. 4, 2020. The acquired businesses provide airport and critical infrastructure screening products, automated tray return systems and other industrial automation products. They will operate within the Leidos Civil Group, led by Jim Moos, Civil Group president. Combined with Leidos' existing cargo and baggage screening product lines, Leidos now goes to market with a global security detection and automation footprint of more than 24,000 systems deployed in more than 120 countries. Leidos will continue to serve global customers in the aviation, transportation, government and critical infrastructure markets. “In line with our mission of making the world safer, healthier and more efficient, this security detection and automation acquisition furthers our important work in the secure movement of people and commerce globally,” said Leidos Chairman and CEO Roger Krone. “We are excited to support critical infrastructure wherever it is needed, and to help transform the global security marketplace.” “This deal expands our scope and scale in securing ports and borders, enhancing passenger movement in airports of the future, and fortifying infrastructure for national security and public venues,” said Moos. “We are pleased to welcome more than 1,200 L3Harris employees around the world to the Leidos team, who share our deep commitment of providing our customers with a fully-integrated security technology ecosystem.” Compelling Strategic and Operational Benefits Expands Product Portfolio in High-Growth, Global Security Market: The closing of this acquisition creates a comprehensive and cohesive security detection platform by adding technologies including checkpoint CT scanners, people scanners, explosives trace detectors, checked baggage screeners, and automated tray return systems (ATRS) to Leidos' security detection portfolio. The combined solutions enhance the company's offerings in an evolving global security product market, which allows diversification beyond the federal budget and positions the company for long-term growth. Increased International Presence Diversifies Revenue: This business expands customer penetration across aviation, ports, borders, and critical infrastructure internationally and increases Leidos' international security products revenue more than six-fold. The deal brings Leidos products into 75 additional countries. Growth and Innovation Accelerated by Scale: The integration of these new businesses into a comprehensive portfolio enables Leidos to leverage its core technical strengths, in-depth biometrics capabilities, and global sales channels to rapidly develop and deliver new solutions. Technology investments across the combined portfolio will help accelerate innovation to address emerging and evolving threats and improve service efficiency for customers. Transaction Details The transaction is expected to be immediately accretive to Leidos' revenue growth, EBITDA margins, and non-GAAP diluted earnings per share upon closing. Cash consideration of approximately $1.0 billion plus related transaction costs was funded through a combination of excess cash on hand and a two-year term loan. Advisors Leidos retained Credit Suisse Securities (USA) LLC as financial advisor, and Fried, Frank, Harris, Shriver, & Jacobson LLP and DLA Piper as legal advisors in connection with the transaction. 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 37,000 employees support vital missions for government and commercial customers. Headquartered in Reston, Va., Leidos reported annual revenues of approximately $11.09 billion for the fiscal year ended January 3, 2020. For more information, visit leidos.com. Cautionary Statement Regarding Forward-Looking Statements The forward-looking statements contained in this release involve risks and uncertainties that may affect Leidos' operations, markets, products, services, prices and other factors as discussed in filings with the Securities and Exchange Commission (the “SEC”). Without limiting the foregoing, forward-looking statements often use words such as “believe,” “anticipate,” “plan,” “expect,” “estimate,” “intend,” “seek,” “project,” “target,” “goal,” “may,” “will,” “would,” “could,” “should,” “can,” “continue” and other words of similar meaning in connection with a discussion of the transaction or future operating or financial performance or events. These risks and uncertainties include, but are not limited to, economic, competitive, legal, governmental and technological factors. Accordingly, there is no assurance that the expectations of Leidos will be realized. This release also contains statements about the acquisition of the security detection and automation businesses of L3Harris that are based on assumptions currently believed to be valid but involve significant risks and uncertainties, many of which are beyond Leidos' control, which could cause Leidos' actual results to differ materially from these forward-looking statements with respect to the transaction, including, anticipated tax treatment, ability to retain key personnel, the dependency of the transaction on market conditions and the impact of a change in market conditions on the value to be received in the transaction, unforeseen liabilities, future capital expenditures, uncertainty as to the expected financial condition and economic performance of the company following the closing, including future revenues, expenses, earnings, indebtedness, losses, prospects, business strategies for the management, expansion and growth of the company following the closing, Leidos' ability to integrate the businesses successfully and to achieve anticipated synergies, the risk that disruptions from the transaction will harm Leidos' business and the impact of the COVID-19 outbreak. While the list of factors presented here is considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties. Unlisted factors may present significant additional obstacles to the realization of forward-looking statements. Consequences of material differences in results as compared with those anticipated in the forward-looking statements could include, among other things, business disruption, operational problems, financial loss, legal liability to third parties and similar risks, any of which could have a material adverse effect on Leidos' consolidated financial condition, results of operations or liquidity. For a discussion identifying additional important factors that could cause actual results to vary materially from those anticipated in the forward-looking statements, see Leidos' filings with the SEC, including “Management's Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors” in Leidos' annual report on Form 10-K for the year ended January 3, 2020, and in its quarterly reports on Form 10-Q which are available at http://www.Leidos.com and at the SEC's web site at http://www.sec.gov. The forward-looking statements contained in this release are made only as of the date of this release and are based on the information available to Leidos as of the date of this release. Readers are cautioned not to put undue reliance on forward-looking statements. Leidos assumes no obligation to provide revisions or updates to any forward-looking statements should circumstances change, except as otherwise required by securities and other applicable laws. View source version on Leidos : https://www.leidos.com/insights/leidos-completes-acquisition-l3harris-technologies-security-detection-and-automation

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  May 22, 2019 | International, Land

  US Army’s jumping to the next level in virtual training

  By: Jen Judson WASHINGTON — The U.S. Army has been building a virtual world in which to train soldiers for war, and it's expected to award contracts in June for reconfigurable virtual air and ground trainers and for a common synthetic environment that includes complex and real-life terrain. Maj. Gen. Maria Gervais, who leads the Synthetic Training Environment Cross-Functional Team, which is part of Army Futures Command, told reporters during a recent media roundtable that she's “encouraged” to see what her team accomplished since it formed roughly 18 months ago. While the service, at a time, led the charge when it came to developing virtual environments, it has clung to relics of the '80s and '90s — stove-piped training systems lacking in realism. As the Army shifts its focus to fighting in a multidomain environment, the service wants a new system that enables collective training across air, ground, sea, cyber and space with greater fidelity that can be used not only as a trainer but also as a mission-planning tool. Before the synthetic training environment, or STE, was prioritized through the establishment of Army Futures Command, it wasn't going to be ready until 2030, but Gervais shrunk that timeline through new approaches in development and acquisition by involving industry and soldiers in a collaborative and agile manner. What is the STE? Over the last 18 months, the components of the STE have taken shape and will consist of One World Terrain — which compiles realistic and accurate virtual maps of territory — training simulation software, a training management tool and virtual collective trainers. All of this will make up the soldier/squad virtual trainer and the reconfigurable virtual collective trainer. The idea is to be able to click on any place on a virtual globe and go there. Soldiers can then train virtually in an exact environment in which they can expect to operate in reality. Just a few years ago, building One World Terrain was painstaking, tedious and expensive, but through new technology applications, what used to take nine months to build can now take eight hours. The training simulation software will support training simultaneously across many locations and training platforms. The training management tool allows users to build training scenarios through simulation databases. The virtual trainers are being designed for dismounted, air and ground formations to train from a squad level through battalion, and ultimately at higher echelons. The trainer for the soldier and squad will support individual and collective task at the smallest formation. The reconfigurable virtual collective trainers, or RVCT, will represent Army and Marine Corps air and ground systems for training at the unit level and will be used for mission rehearsals at every echelon. Ready player one The Army plans to award contracts next month to build both an RVCT for aircraft and an RVCT for ground vehicles that are reconfigurable based on changes to platform inventories. The STE conducted an initial user assessment of what had been developed in March 2018, Gervais said. Since then, the Army has conducted more than 20 “touch points” with industry partners, which led to a user assessment in Orlando, Florida — where the STE cross-functional team is based — of One World Terrain, the training management tool as well as the training simulation software. Meanwhile, Gervais said, the team is in the middle of a user assessment of an RVCT—Air prototype at Fort Carson, Colorado, which began in April and is supported by soldiers from the 4th Infantry Division. The service completed its assessment of a ground simulation platform that went to Fort Riley, Kansas. Crew members for Abrams tanks, Bradley Fighting Vehicles and Stryker combat vehicles of the 1st Infantry Division supported that effort. One World Terrain is already in use and under evaluation by a Marine battalion as well as three divisions in the Army and Naval Special Warfare Command. It's also used at the National Training Center and by the 3rd and 7th special forces groups. All of the users are providing feedback, according to Gervais. A contract was awarded in September 2018 to build the squad advanced marksmanship trainer, which is a product of the Close Combat Lethality Task Force initiative to improve soldier lethality and survivability, and the capability is already fielded to the 10th Mountain Division at Fort Drum, New York. The new trainer takes what was a tethered system and — while it still uses projectors and screens — allows users to move around a base with more flexibility, which is more operationally realistic. Ultimately, the projectors and screens could be replaced by a headset, which is in keeping with the service's requirement to bring trainers to an operational unit in the field or at home station. This means the system must be easy to set up and transport. “We will continue to field that out to the Army the rest of this [fiscal year],” Gervais said. Taking it to the next level The Army plans to use the other transaction authority, or OTA, contracting mechanism to award contracts next month to move quicker and more agile than the standard and often lengthy acquisition process. The service previously used OTAs for STE development. “What the existing OTAs have done for us is they have actually allowed us to get a quick look from industry on where they were with the capabilities,” Col. Marcus Varnadore, the project manager for the STE CFT, said during the media roundtable. “It was very important for us right up front to identify where industry really was with respect to the technology, which allowed us to then make some decisions about what path to go forward with, and it also allowed us, with that first OTA, to kind of get an idea of how we needed to structure our follow-on OTAs,” he added. With the upcoming OTA contract awards, “we are kind of taking that and moving it to the next level using OTAs to bridge our gap here to get to the [initial operational capability] ... before we transition ultimately into a production [full-operational capability] environment,” said Brian Serra, the branch chief of Army Contracting Command—Orlando. “We are using the flexibility of OTAs,” he added, “to adjust as we go so we are not married to a 100-page specification.” That translates to the CFT taking a two-year process and shrinking it to six months max. The incremental process has also allowed the STE CFT to track industry's progress in this arena. Gervais noted that in some cases, companies might have overstated a specific technology's capabilities, and in turn the serve may need to bolster funding for internal science and technology efforts to improve that specific tech. Alternatively, the Army might notice it's been developing technology that is already well-developed in the commercial world. “I'm very confident and comfortable that our efforts to date are going to keep us on track to meet an initial operational capability of fourth-quarter FY21,” Gervais said. To reach initial operational capability, Gervais expects to field a battalion set of the RVCT—Air and RVCT—Ground — running on the common synthetic environment made up of One World Terrain, the training management tools and the training simulation software — to at least four installations. Over the next two years following initial operational capability, the Army will expand that fielding to include all installations where the capability is required in order to reach full operational capability by FY23. https://www.defensenews.com/land/2019/05/17/us-armys-jumping-to-next-level-in-virtual-training-world/