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The U.S. Army has awarded a $2.7 billion contract to Leidos Holdings.
Leidos received a $2.7 billion U.S. Army contract to scale hypersonic weapon production.
KEY POINTS
- Leidos is integrating its Thermal Protection Shield and Common Hypersonic Glide Body programs in this deal.
- The Common Hypersonic Glide Body is used in the 'Dark Eagle' long-range hypersonic missile.
- Integrating these programs aims to reduce production timelines and improve component supply reliability.
COMPANIES
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