Leidos gets $617 million U.S. Army contract as Pentagon steps up replenishment

Leidos Holdings

23/04/2026 13:58

April 23 (Reuters) - Defense contractor Leidos LDOS.N said on Thursday it won a $617 million contract from the U.S. Army for additional launchers for its Indirect Fire Protection Capability Increment 2 (IFPC Increment 2) ground-based air defense system.

Here are some more details:

Leidos is the latest defence company to secure a Pentagon order in recent months, as the U.S. government moves to ramp up defense
 production
 amid ongoing global conflicts that have depleted missile and munitions stockpiles.

Including the latest contract, Leidos said it has orders  worth nearly $1.2 billion from the U.S. Army.

The Renton, Virginia-based company said it has more than 100 launchers committed for delivery.

The latest contract will help support continued research, development and testing and potentially pave the way for future orders through 2029, it said.

 (Reporting by Nandan Mandayam in Bengaluru; Editing by Diti Pujara)

 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))