Leidos : selected for design phase of major clean-energy transmission line project

(Reston, Va.) October 7, 2021 - Leidos (NYSE:LDOS), a FORTUNE^® 500 science and technology leader, was recently selected by Idaho Power to support the design phase of the Boardman to Hemingway (B2H) project. B2H is a proposed 500 kV transmission line that will span 290 miles from eastern Oregon to southwestern Idaho and will carry reliable, affordable, clean energy between the regions. Through this multi-million dollar contract, Leidos will design the 500 kV high voltage transmission line and support permitting efforts for construction and related activities.

"Through this contract, we have the opportunity to provide cost-effective solutions to support Idaho Power's goal of coal plant generation retirement, while also meeting future power demand for the region," said Raymond Okeke, Vice President, Leidos Power Delivery Services. "We are excited to play a critical role in working to create a cleaner, more reliable future for people across the Northwest, while also boosting economic growth in the region."

B2H will help utility companies in Oregon, Idaho and nearby states meet customers' peak seasonal demand. It will provide additional energy to meet new power-intensive demands from businesses like data centers and food processing plants that are requesting renewable power. Additional transmission lines will also help prevent future blackouts. Idaho Power expects to finalize B2H permitting in 2022. Construction is planned to begin in 2023 and take three to four years.

Leidos works with utilities across the country to design and implement renewable energy power integration projects tailored to the specific needs to both investor owned and municipal utilities. Leidos is proud to be ranked as one of the nation's top firms providing Transmission and Distribution Services.

About Leidos

Leidos is a Fortune 500® technology, engineering, and science solutions and services leader working to solve the world's toughest challenges in the defense, intelligence, civil, and health markets. The company's 43,000 employees support vital missions for government and commercial customers. Headquartered in Reston, Va., Leidos reported annual revenues of approximately $12.30 billion for the fiscal year ended January 1, 2021. For more information, visit www.Leidos.com.

Statements in this announcement, other than historical data and information, constitute forward-looking statements that involve risks and uncertainties. A number of factors could cause our actual results, performance, achievements, or industry results to be very different from the results, performance, or achievements expressed or implied by such forward-looking statements. Some of these factors include, but are not limited to, the risk factors set forth in the company's Annual Report on Form 10-K for the period ended January 1, 2021, and other such filings that Leidos makes with the SEC from time to time. Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof.