Leidos (LDOS) Reports In-Line Q1 EPS; Lowers FY20 EPS/Revenue Guidance
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May 6, 2020 10:26 AM EDT
Dynetics, Inc., a wholly owned subsidiary of Leidos (NYSE: LDOS), has been awarded Phase 1 of the Air Combat Evolution (ACE) program, Technical Area 3 (TA3), by the Defense Advanced Research Projects Agency's (DARPA) Strategic Technology Office (STO). ACE TA3, also known as Alpha Mosaic, is valued at $12.3 million.
The ACE program is using aerial dogfighting as the initial challenge scenario for implementing artificial intelligence (AI) into high-intensity air conflicts, which intends to increase warfighter trust in combat autonomy. Similar to how the United States... More
May 4, 2020 6:20 AM EDT
Wells Fargo raised its price target on Leidos Holdings (NYSE: LDOS) to $114.00 (from $105.00) while maintaining a Overweight rating.... More
