Leidos Holdings, Inc. (LDOS) on Thursday said it received a $617 million contract 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 with the U.S. Army.
Leidos said it has more than 100 launchers committed for delivery, with the contracts supporting production, as well as ongoing research, development and testing, and paving the way for potential future orders through 2029.
Leidos shares closed at $150.71 on Wednesday, down 1.63%.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.