Leidos receives $617 million from U.S. Army for air defense launchers
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
Leidos delivered the first IFPC Inc 2 Initial Operational Test and Evaluation launcher two months ahead of schedule. The milestone and recent production contracts demonstrate the disciplined execution and readiness guiding its trusted Air and Missile Defense work, which is part of the company's NorthStar 2030 strategic focus to support the Department of War.
IFPC Inc 2 protects against today's threats and adapts to tomorrow's challenges. Built on an open architecture, the system is designed to integrate current and future effectors, providing Warfighters with flexible, scalable protection against cruise missiles and unmanned aerial threats. As a key component of the Army's layered Air and Missile Defense architecture, this mobile, ground-based weapon system integrates with existing command-and-control systems and offers plug-and-play protection while maintaining compatibility with Army transport platforms and vehicles.
Agile and modular, IFPC Inc 2 is designed and built to evolve with emerging technology to provide air-defense capability against rapidly evolving threats.
About Leidos
Leidos is an industry and technology leader serving government and commercial customers with smarter, more efficient digital and mission innovations. Headquartered in
Certain statements in this announcement constitute "forward-looking statements" within the meaning of the rules and regulations of the U.S. Securities and Exchange Commission (SEC). These statements are based on management's current beliefs and expectations and are subject to significant risks and uncertainties. These statements are not guarantees of future results or occurrences. Several factors could cause our actual results, performance, achievements, or industry results to be different from the results, performance, or achievements expressed or implied by such forward-looking statements. These factors include, but are not limited to, the "Risk Factors" set forth in Leidos' Annual Report on Form 10-K for the fiscal year ended
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SOURCE Leidos Holdings, Inc.
