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Leidos Bags $869 Mln Contract From US Army

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Leidos Holdings, Inc. (LDOS), a technology company, Thursday announced that it has secured a five-year, $869 million MACRO or Mission Awareness Capabilities Ramp-up and Optimization II competitive contract from the U.S. Army.

Under this contract, the company will use Artificial Intelligence, advanced networking and modular open architecture, to design, build, and integrate secure systems for the Pentagon that help warfighters make better, faster decisions across the electromagnetic spectrum including the land, sea, air, space and cyber domains.

In pre-market activity, LDOS shares were trading at $145.59, down 0.22% on the New York Stock Exchange.

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Business News

Global Economics Weekly Update -June 15 - June 19, 2026

June 19, 2026 16:46 ET
Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.