Leidos to modernize Kazakhstan's air traffic control system for future growth with nationwide common automation platform
Rhea-AI Summary
Leidos (NYSE: LDOS) signed a 19-year contract with Kazaeronavigatsia to modernize Kazakhstan's air traffic control system, upgrading hardware and installing the SkyLine-X Air Traffic Management platform.
The program covers work at 4 control centers and 21 towers, delivering end-to-end surveillance, improved safety functions, and a modular open automation platform designed for resilience and future growth. Kazakhstan expects annual passengers to rise to 26 million by 2030 from ~15 million and to more than double its civil fleet while adding 81 international destinations.
Positive
- Signed a 19-year nationwide contract
- Program covers 4 control centers and 21 towers
- Deployment of SkyLine-X common automation platform
- Supports projected 26 million passengers by 2030
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, LDOS declined 5.21%, reflecting a notable negative market reaction. The stock closed at $187.90 on that trading session. This price movement removed approximately $1.40B from the company's valuation, bringing the market cap to $25.43B at that time.
Data tracked by StockTitan Argus on the day of publication.
Leidos will upgrade the systems that help air traffic controllers safely manage planes on the ground and in the air. In addition to a hardware refresh, Leidos will install its SkyLine-X Air Traffic Management system that will provide controllers with end-to-end surveillance, improved safety functions and streamlined operations. SkyLine-X brings a common automation platform with a modular and open architecture that is designed to be resilient, easy to use, and flexible for future needs.
"Over the past 20 years, Leidos has been more than a supplier; they have been a strategic ally," said Faat Bogdashkin, Director General of Kazaeronavigatsia. "They have consistently anticipated our needs and involved their solutions to help us navigate a changing market. We look forward to continuing our successful cooperation with Leidos on the Air Traffic Management System modernization with SkyLine-X. It is important to meet our mission to safely manage the growing volume of air traffic in
The agreement has a 19-year period of performance and includes work at four control centers and 21 towers across the country.
"We value the trust we've built over the past two decades working with KAN," said Liz Porter, Leidos Health and Civil Sector president. "The skies over
According to the
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
Media Contact
Brandon Ver Velde
571.526.6257
brandon.p.vervelde@leidos.com
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SOURCE Leidos Holdings, Inc.