Leidos has announced a strategic agreement with Paramount Group USA and Vertex Aerospace under a new contract to deliver the Bronco II, a purpose-built, multi-mission aircraft, to support the U.S. Special Operations Command's Armed Overwatch program, the company reported on Monday.
"Leidos has a long history as a premier provider of airborne solutions," said Gerry Fasano, Leidos Defense Group president and 2020 Wash100 Award Recipient. "The Bronco II demonstrates our commitment to providing the best-of-breed in technology, as well as our agility in meeting the needs of our country's national security missions. This offering will leverage each company's expertise to deliver cost-effective innovations for the warfighter."
Under the strategic relationship, Leidos will serve as the prime contractor, partnering with Paramount and Vertex as primary teammates. The companies will combine its experience integrating, manufacturing and delivering cutting-edge airborne solutions to the warfighter.
The Bronco II was designed specifically for asymmetrical warfare and will operate at a fraction of the procurement and lifecycle costs of an aircraft with similar mission applications and capabilities. The multi-mission aircraft will be manufactured in Crestview, Fla.
Leidos will build upon the Bronco II to meet the specific needs of U.S. Special Operations Command. Paramount Group will utilize its capabilities to enable U.S Air Force Special Operations Command to effectively manage the challenges of modern day asymmetrical warfare.
"We are proud to team with Leidos and Paramount, as we share a commitment to deliver affordable state-of-the-art capabilities to combat the challenges posed by modern, multi-domain operations," said Ed Boyington, Vertex Aerospace CEO and President. "With a long track record of delivering excellence to our customers, we look forward to producing and supporting the purpose-built Bronco II aircraft and weapons system as a transformational tool for our warfighters."
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 36,000 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.