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Stock impact report

Leidos receives $617 million from U.S. Army for air defense launchers [TheStreet.com]

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: TheStreet.com
RESTON, Va., April 23, 2026 RESTON, Va. April 23, 2026 /PRNewswire/ -- Leidos (NYSE: LDOS) received a $617 million award from the U.S. Army to build and deliver additional launchers for the Indirect Fire Protection Capability Increment 2 (IFPC Inc 2) system, the Army's newest mobile, ground-based air defense system. Combined with $356 million awarded in July and September 2025, Leidos now has nearly $1.2 billion in production contracts supporting the Army's future efforts to field this capability at scale. Leidos has more than 100 launchers committed for delivery. The contracts represent a defining investment in IFPC Inc 2 and the system's progress toward full-rate production. The funding also supports continued research, development and testing, paving the way for future orders through 2029. "These awards reflect the Army's confidence in our team and the growing demand for a proven defense system that's available today," said Dino Pusinsky, vice president of the IFPC Inc 2 pro Show less Read more
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