Leidos to strengthen cyber defenses across Department of War networks
Leidos (NYSE: LDOS) received a $301 million, five-year follow-on contract with the U.S. Army to strengthen the Department of War Information Network.
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Rhea-AI Summary
Leidos (NYSE: LDOS) received a $301 million, five-year follow-on contract with the U.S. Army to strengthen the Department of War Information Network. The company will provide 24/7 cyber operations, monitor global military networks, and develop AI-enabled capabilities to enhance cyber resilience, situational awareness and response times, supporting its NorthStar 2030 digital strategy.
Positive
- $301 million, five-year U.S. Army contract for cyber defense of Department of War networks
- 24/7 cyber operations scope monitoring global military networks for all U.S. military organizations
- Follow-on award extends existing Leidos role in Army defensive cyber mission
- AI-enabled cyber capabilities highlighted as part of Leidos’ approach to resilience and response
- Supports NorthStar 2030 strategy focus on digital transformation and defensive cyber capabilities
Negative
- None.
Details
News Market Reaction – LDOS
On Aug 24, the day this news came out, LDOS closed 2.06% below the previous close.
Data tracked by StockTitan Argus for the Aug 24 session.
Key Figures
- Contract duration
- five years
- U.S. Army cyber operations contract
- Contract value
- $301 million
- U.S. Army follow-on contract
- Monitoring coverage
- 24 hours a day
- Military network monitoring
- Weekly coverage
- seven days a week
- Military network monitoring
Historical Context
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Raised full-year guidance alongside strong second-quarter revenue and cash-flow results.
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Selected to provide infrared sensing payloads for 18 missile-warning satellites.
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Received a potential $64.8 million award for secure naval intelligence infrastructure.
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Declared a quarterly dividend and authorized repurchases of up to 20 million shares.
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Partnered with CoreWeave on secure AI cloud services for government missions.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
cyber resilience technical
ai-enabled capabilities technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
Leidos will provide around-the-clock cyber operations and develop new capabilities to advance the Department of War's cyber resilience
Work under the
"Resilience is the real measure of cyber defense," said Steve Hull, president of Leidos Digital. "Our job is to help protect our nation's cyber terrain by anticipating increasingly sophisticated threats, responding with speed and keeping critical missions moving. That means equipping our experts with AI-enabled capabilities for stronger cyber resilience, better situational awareness and faster, more coordinated responses that help mission leaders stay ahead of adversaries."
This follow-on contract continues Leidos' work supporting this Army mission to deliver defensive cyber capabilities for the
This award supports Leidos' NorthStar 2030 strategy and its focus on digital transformation and defensive cyber capabilities.
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 50,000 global employees, Leidos reported annual revenues of approximately
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:
Elizabeth Torres
Elizabeth.torres-3@leidos.com
(571) 732-6875
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SOURCE Leidos Holdings, Inc.
FAQ
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