Leidos wins $27.2 million missile contract modification

Investing.com - Leidos Inc. (NYSE: LDOS) received a $27.2 million contract modification from the U.S. Department of War for the procurement of All Up Rounds for the AGM-190A Small Cruise Missile program.

The fixed-price incentive contract modification supports U.S. Special Operations Command. The total award amount is $24.2 million, with $548,665 in fiscal 2025 procurement funds and $23.7 million in fiscal 2026 procurement funds to be obligated at time of award.

The Reston, Virginia-based company will perform the work in Huntsville, Alabama. The contract is expected to be completed by Feb. 26, 2029.

Contract funds will not expire at the end of the current fiscal year. U.S. Special Operations Command at MacDill Air Force Base, Florida, is the contracting activity.

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