RESTON, Va., Aug. 15, 2024 /PRNewswire/ -- Leidos (NYSE: LDOS), a Fortune® 500 innovation leader, was recently awarded the eRA Agile Software Development Support contract by the National Institutes of Health (NIH). Leidos will provide a range of agile software development and design services to support eRA and other NIH Office of Extramural Research systems. The contract has a maximum value of $326.5 million over five years, if all options are exercised.
"As the largest grants management system in the world, eRA requires continuous modernization and maintenance to sustain the work of tens of thousands of researchers and institutions worldwide," said Liz Porter, Leidos Health & Civil Sector President. "Since 2008, Leidos has worked with NIH to enhance its modernization efforts, establishing it as a center of excellence in grants management and agile development across the federal government. We look forward to continuing to advance the agency's mission of improving human health through innovative technology, innovation, and biomedical discoveries."
Leidos will leverage its mission software and AI-assisted secure agile development expertise to continue delivering a modern, efficient, and secure grants management platform for NIH and grantor agencies, applicants, and recipients.
The contract includes developing and maintaining eRA, NIH's customized enterprise-wide grants management system. eRA is an end-to-end electronic system used by applicants and grantees to apply for, evaluate, award, manage, track, and close out more than $40 billion each year in research and non-research grants at more than 62,000 institutions worldwide. This framework for research grant administration works to ensure scientific integrity, public accountability, and effective stewardship for NIH grants as well as the Agency for Healthcare Research and Quality, Centers for Disease Control and Prevention, U.S. Food and Drug Administration, Substance Abuse and Mental Health Services Administration, U.S. Department of Veterans Affairs, and U.S. Department of Commerce.
About Leidos
Leidos is a Fortune 500® innovation company rapidly addressing the world's most vexing challenges in national security and health. The company's global workforce of 48,000 collaborates to create smarter technology solutions for customers in heavily regulated industries. Headquartered in Reston, Virginia, Leidos reported annual revenues of approximately $15.4 billion for the fiscal year ended December 29, 2023. For more information, visit www.leidos.com.
Certain statements in this announcement constitute "forward-looking statements" within the meaning of the rules and regulations of the U.S. Securities and Exchange Commission (SEC). These statements are based on management's current beliefs and expectations and are subject to significant risks and uncertainties. These statements are not guarantees of future results or occurrences. A number of factors could cause our actual results, performance, achievements, or industry results to be different from the results, performance, or achievements expressed or implied by such forward-looking statements. These factors include, but are not limited to, the "Risk Factors" set forth in Leidos' Annual Report on Form 10-K for the fiscal year ended December 29, 2023, and other such filings that Leidos makes with the SEC from time to time. Readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. Leidos does not undertake to update forward-looking statements to reflect the impact of circumstances or events that arise after the date the forward-looking statements were made.
Contact:
Alyssa Pettus
(571) 526-6743
[email protected]
Brandon Ver Velde
(571) 526-6257
[email protected]
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SOURCE Leidos Holdings, Inc.