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Stock impact report

Leidos gets $617 million U.S. Army contract as Pentagon steps up replenishment [Yahoo! Finance]

Leidos Holdings, Inc. (LDOS) 
Last leidos holdings, inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: investors.leidos.com
Company Research Source: Yahoo! Finance
Army for additional launchers for its ?Indirect Fire Protection Capability Increment 2 (IFPC Increment 2) ground-based air defense system. Here are some more details: • Leidos ?is the ?latest defence company to secure a Pentagon order in ?recent months, as the U.S. government moves to ramp up defense ?production amid ?ongoing global ?conflicts that have ?depleted missile and munitions stockpiles. • Including the latest contract, Leidos said it has orders worth nearly $1.2 billion from the U.S. Army. • The Renton, ?Virginia-based company said ?it has more than ?100 launchers ?committed for delivery. • The ?latest contract will help ?support continued ?research, development and testing and potentially pave the way for ?future orders ?through 2029, it said. (Reporting by ?Nandan Mandayam in Bengaluru; Editing ?by Diti Pujara) Show less Read more
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