Leidos small cruise missile designated AGM-190A by U.S. Air Force

Rhea-AI Summary

Leidos (NYSE: LDOS) announced the U.S. Air Force designation of its Small Cruise Missile as the AGM-190A, a 200-pound class, mission-adaptable weapon system.

During testing from a C-130, the AGM-190A demonstrated a standoff range of more than 400 nautical miles; its modular hardware and open-system software aim to support rapid evolution for changing mission needs.

Positive

• Air Force designation of AGM-190A enhances credibility
• Standoff range >400 nm demonstrated from C-130 testing
• 200-pound class mission-adaptable weapon system
• Modular hardware and open software enable rapid upgrades
• Company focus on affordability and scalable solutions

Negative

• None.

Key Figures

Weapon class: 200-pound class Tested standoff range: more than 400 nautical miles

2 metrics

Weapon class 200-pound class AGM-190A Small Cruise Missile description

Tested standoff range more than 400 nautical miles AGM-190A testing from C-130 aircraft

Market Reality Check

Price: $169.89 Vol: Volume 1,324,475 is 15% a...

normal vol

$169.89 Last Close

Volume Volume 1,324,475 is 15% above the 20-day average of 1,155,753. normal

Technical Price 175.86 is trading slightly below the 200-day MA at 177.33.

Peers on Argus

LDOS is down 2.43% while key peers like CTSH (+5.14%), BR (+2.04%), and GIB (+1....

1 Down

LDOS is down 2.43% while key peers like CTSH (+5.14%), BR (+2.04%), and GIB (+1.98%) are up, indicating a stock-specific move rather than a sector-wide trend.

Historical Context

5 past events · Latest: Feb 19 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Feb 19	Aviation systems deployment	Positive	+2.8%	FAA TFDM system deployed at Reagan National to boost efficiency and safety.
Feb 17	Earnings and acquisition	Positive	-8.4%	Reported higher FY 2025 revenue and EPS and announced Entrust acquisition.
Feb 13	Dividend declaration	Neutral	-8.4%	Declared a quarterly cash dividend of $0.43 per share for March 31, 2026.
Feb 12	Defense IT expansion	Positive	-0.9%	Accelerated DODNet migration for eight agencies and over 100,000 users.
Feb 11	Conference participation	Neutral	-11.2%	Announced CEO participation in Citi 2026 Global Industrial Tech conference.

Pattern Detected

Recent positive and neutral headlines often saw negative price reactions, with only one clear alignment out of five events.

Recent Company History

Over recent weeks, Leidos reported strong fiscal 2025 results with revenues of $17.17B and diluted EPS of $11.14, alongside a quarterly dividend of $0.43 per share and the planned $2.4B Entrust acquisition. Operationally, it advanced the $11.5B Defense Enclave Services program by expanding DODNet and deployed its TFDM system at Reagan National Airport, going live 45% faster than normal cycles. Despite these developments, several news and event-related headlines, including a conference appearance, were followed by negative price reactions, contrasting with today’s strategically positive defense designation.

Regulatory & Risk Context

Active S-3 Shelf

Shelf Active

Active S-3 Shelf Registration 2026-02-19

An effective Form S-3ASR shelf filed on 2026-02-19 allows Leidos Holdings, Inc. and subsidiary Leidos, Inc. to issue common stock, preferred stock, debt securities, guarantees, warrants, purchase contracts, and units from time to time for general corporate purposes, including working capital, acquisitions, and debt retirement. The shelf has already been used in connection with recent 424B2 senior notes offerings.

Market Pulse Summary

This announcement highlights the U.S. Air Force’s formal designation of Leidos’ Small Cruise Missile...

Analysis

This announcement highlights the U.S. Air Force’s formal designation of Leidos’ Small Cruise Missile as the AGM-190A, a 200‑pound class weapon with a tested standoff range of more than 400 nautical miles. It reinforces Leidos’ NorthStar 2030 focus on adaptable, mission-ready defense solutions. In context, investors may track how this capability complements recent defense IT contracts, the Entrust acquisition financing, and the company’s active S-3ASR shelf for future capital needs.

Key Terms

small cruise missile, stand-off strike

2 terms

small cruise missile technical

"The Leidos (NYSE: LDOS) Small Cruise Missile (SCM) has been officially designated"

A small cruise missile is a compact, self-powered, guided flying weapon that travels low and along a planned route to strike a specific target with high accuracy — think of it as a long-range, armed autonomous drone designed to hit precise locations. For investors, its development, production and export can drive sales and recurring support contracts for defense suppliers, while also raising regulatory, geopolitical and supply-chain risks that can affect valuations and government spending forecasts.

stand-off strike technical

"need for affordable, adaptable stand-off strike capabilities."

A stand-off strike is a military attack carried out from outside an opponent’s defensive range, using long-range missiles, aircraft, or drones so the attacker avoids close exposure to enemy fire. For investors, it matters because demand for stand-off weapons and related sensors, communications, and guidance systems can drive sales for defense suppliers, and their use or threatened use can change geopolitical risk, commodity prices, and defense spending priorities.

AI-generated analysis. Not financial advice.

RESTON, Va., Feb. 26, 2026 /PRNewswire/ -- The Leidos (NYSE: LDOS) Small Cruise Missile (SCM) has been officially designated as the AGM-190A by the U.S. Air Force, recognizing the SCM's role in addressing the Department of War's critical need for affordable, adaptable stand-off strike capabilities.

The AGM-190A is a 200-pound class mission-adaptable weapon system that, during testing from a C-130 aircraft, demonstrated a standoff range of more than 400 nautical miles. Its modular hardware design and open system software enable the AGM-190A to rapidly evolve for changing mission requirements.

"This capability will provide warfighters with the operational flexibility they need for today's missions, and help them counter emerging threats in the future," said Leidos Defense Sector President Cindy Gruensfelder. "The Air Force's designation of the AGM-190A underscores its confidence in Leidos as a provider of proven, affordable stand-off strike solutions."

The AGM-190A's mission versatility and affordability reflect Leidos' NorthStar 2030 strategic focus on innovative, scalable solutions designed to meet evolving customer requirements.

About Leidos
Leidos is an industry and technology leader serving government and commercial customers with smarter, more efficient digital and mission innovations. Headquartered in Reston, Virginia, with 47,000 global employees, Leidos reported annual revenues of approximately $17.2 billion for the fiscal year ended January 2, 2026. For more information, visit www.leidos.com.

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. A number of 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 January 2, 2026, and other such filings that Leidos makes with the SEC from time to time. Readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. Leidos does not undertake to update forward-looking statements to reflect the impact of circumstances or events that arise after the date the forward-looking statements were made.

Media contact:

Brandon Ver Velde
(571) 926-1627
brandon.p.vervelde@leidos.com

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/leidos-small-cruise-missile-designated-agm-190a-by-us-air-force-302698950.html

SOURCE Leidos Holdings, Inc.

FAQ

What is the AGM-190A designation for Leidos (LDOS) announced on February 26, 2026?

The AGM-190A is the U.S. Air Force designation for Leidos' Small Cruise Missile. According to the company, it is a 200-pound class, mission-adaptable weapon system designed for affordable stand-off strike capability.

How far did the Leidos AGM-190A demonstrate standoff range during C-130 tests?

The AGM-190A demonstrated a standoff range of more than 400 nautical miles in testing. According to the company, that performance was recorded during tests launched from a C-130 aircraft.

What are the key technical features of Leidos' AGM-190A (LDOS)?

The AGM-190A uses modular hardware and open-system software for mission adaptability. According to the company, this design supports rapid evolution to meet changing mission requirements and software updates.

What does the Air Force designation mean for Leidos' defense business (LDOS)?

The Air Force designation signals formal recognition of the weapon system by the service. According to the company, it underscores confidence in Leidos as a provider of affordable, proven stand-off strike solutions.

How does the AGM-190A align with Leidos' NorthStar 2030 strategy for LDOS?

The AGM-190A reflects Leidos' focus on innovative, scalable solutions under NorthStar 2030. According to the company, the missile's affordability and adaptability align with strategic priorities to meet evolving customer requirements.