Leidos Wins $2.7 Billion Hypersonic Weapons Deal
Leidos secured a $2.7 billion U.S. Army contract to move hypersonic weapons into production. The deal integrates programs to streamline manufacturing.
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LEIDOS HOLDINGS INC secured a $2.7 billion United States Army contract on Tuesday to transition hypersonic weapon prototypes into full-scale production. The deal integrates thermal shielding and glide body programs to accelerate the deployment of missiles that travel five times the speed of sound. Hypersonic weapons are central to competition between the U.S. and China.
