Operator
Greetings. Welcome to the Leidos Fourth Quarter 2020 Earnings Call. [Operator Instructions] At this time, I ll turn the conference over to Peter Berl, Senior Vice President, Investor Relations. Mr. Berl, you may begin.
Peter M. Berl
Senior Vice President of Investor Relations
Thank you, Rob and good morning, everyone. I d like to welcome you to our fourth quarter 2020 earnings conference call. Joining me today are Roger Krone, our Chairman and CEO; Jim Reagan, our Chief Financial Officer and other members of the Leidos management team. Today, we will discuss our results for the quarter ending January 1, 2021. Roger will lead off the call with notable highlights from the quarter as well as comments on the market environment, our Company strategy. Jim will follow with a discussion of our financial performance and our guidance expectations.
Leidos Awarded Military and Family Life Counseling Contract
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RESTON, Va., Feb. 4, 2021 /PRNewswire/ Leidos (NYSE: LDOS), a FORTUNE® 500 science and technology leader, was recently awarded a new prime contract to provide non-medical counseling to military service members and their families through the Military and Family Life Counseling (MFLC) program. The cost-plus-award-fee contract was awarded by the U.S. General Services Administration, Federal Systems Integration and Management Center (FEDSIM), in support of the Office of the Deputy Assistant Secretary of Defense for Military Community and Family Policy (MC&FP), Office of Military Community Support Programs (MCSP) and has a total estimated value of $2 billion. The contract includes a 12-month base period with four 12-month options and two 12-month award term incentive periods.