Leidos (LDOS) Wins $631M Deal to Aid US Army's DIABLO Program
LDOSLeidos(LDOS) Zacks Investment Research·2024-05-14 22:46

Leidos Holdings, Inc. (LDOS) recently clinched a $631 million contract from the U.S. Army to support the Development, Integration, Acquisitions, Bridging to Logistics & Operations (“DIABLO”) program. This contract win should strengthen LDOS’ footprint in the military sensor market.About the DealThe aforementioned contract, overseen by the Project Director Sensors-Aerial Intelligence (“PD SAI”), calls for the development, acquisition, fielding and lifecycle support of tactically relevant aerial intelligence, ...