Leidos will provide 24/7 cyber operations to protect military networks under a five-year, $301 million deal.
Leidos (LDOS) has been awarded a $301 million contract to support the U.S. Army in monitoring and defending military networks against cyber threats. The five-year agreement includes round-the-clock cyber operations for the Department of War.
The contract is a follow-on to existing work, extending Leidos’ role in safeguarding critical defense infrastructure. No prior contract value or consensus expectations were disclosed for comparison.
The announcement had no immediate impact on LDOS shares in after-hours trading.