In the news release, Leidos to keep 650,000 Navy and Marine Corps personnel securely connected worldwide, issued 14-Sep-2026 by Leidos Holdings, Inc. over PR Newswire, we are advised by the company that the contract value of $875 million was incorrectly stated. The correct value is $926 million. The complete, corrected release follows:

Leidos to keep 650,000 Navy and Marine Corps personnel securely connected worldwide

Department of Navy awards $926 million for second option year on contract to secure and maintain critical networks worldwide

RESTON, Va., Sept. 14, 2026 /PRNewswire/ -- Leidos (NYSE:LDOS) will continue helping keep more than 650,000 U.S. Navy and Marine Corps personnel securely connected by managing more than 425,000 devices at more than 2,500 sites around the world.

The Navy recently awarded Leidos $926 million for the second option year of the Next Generation Enterprise Network Service Management, Integration and Transport contract. The company is responsible for all aspects of user support, operations and IT transformational activities on the Navy Marine Corps Intranet (NMCI), Outside the Continental United States Navy Enterprise Network (ONE-Net) and Marine Corps Enterprise Network (MCEN).

"Military and civilian personnel rely on these networks to communicate, make decisions and carry out missions that protect our nation and its allies," said Steve Hull, president of Leidos Digital. "We're supporting the technology they depend on so it remains secure, resilient and ready when they need it."

Since being awarded the contract in 2020, Leidos has helped the Navy and Marine Corps modernize their IT environments while improving network resilience. The company has introduced automation that delivers patches to network devices 93% faster and accelerates patching across the enterprise by 94%, addressing vulnerabilities sooner and reducing potential disruptions for personnel who rely on these networks.

"During my time in the Navy, I learned that when technology works seamlessly in the background, you're free to give the mission your full attention. These results reflect our team's 24/7 dedication to making that possible," said DJ LeGoff, a retired Navy captain and the Navy and Marine Corps portfolio leader at Leidos.

This award supports Leidos' NorthStar 2030 strategy and its focus on digital modernization, cyber capabilities and mission software.

About Leidos

Leidos is an industry and technology leader serving government and commercial customers with smarter, more efficient digital and mission innovations. Headquartered in Reston, Virginia, with 50,000 global employees, Leidos reported annual revenues of approximately $17.2 billion for the fiscal year ended January 2, 2026. 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 January 2, 2026, 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.

Media Contact:

Elizabeth Torres

(571) 732-6875

Elizabeth.torres-3@leidos.com

Correction: An earlier version of this release, issued September 14, incorrectly stated the contract value of $875 million. The correct value is $926 million.

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SOURCE Leidos Holdings, Inc.