Leidos Awarded $987M Contract to Support F-16 FMS Sustainment

Leidos (NYSE:LDOS) today announced a new contract to provide critical engineering and sustainment services for Foreign Military Sales' customers of the U.S. Air Force’s F-16 Fighting Falcon. The contract was awarded by the Air Force Life Cycle Management Center supporting the F-16 System Program Office. The single award, indefinite delivery, indefinite quantity contract has a maximum value of $987 million and a 10-year period of performance.

“We leveraged our corporate investments in AI and predictive analytics to provide our customer with a data-informed platform to increase efficiency, visibility and accountability,” said Roy Stevens, Leidos National Security Sector president. “This win underlines Leidos’ commitment to supporting the U.S. Air Force and our allies, ensuring high resilience and interoperability.”

Under the contract, Leidos will provide post-production support through critical engineering and sustainment services necessary for the continued operation and improvement of the F-16 weapon system. The Leidos Web Based Management System will enable the customer to maintain real-time visibility of repair asset tracking status for the repair and return lifecycle. This technology is designed to enhance the customer’s repair and return process, improve engineering and technical support resolution, and help reduce diminishing manufacturing sources and material shortages.

The F-16 has been procured by over 25 nations around the world, supporting a global fleet size of approximately 2,200 active aircraft.