Defense contractor Leidos announced Thursday it has been awarded a substantial $617 million contract by the U.S. Army to manufacture additional launchers for its ground-based air defense system known as Indirect Fire Protection Capability Increment 2.
The Virginia-based company joins a growing list of defense contractors receiving major Pentagon orders as the military works to rebuild weapons stockpiles that have been diminished by ongoing international conflicts.
With this new agreement, Leidos now holds Army contracts totaling approximately $1.2 billion. The Reston-based firm reports it has committed to delivering more than 100 launchers under these agreements.
According to the company, this latest contract will fund ongoing research, development and testing activities, while potentially opening the door for additional orders extending through 2029.
The contract award reflects the Pentagon’s accelerated efforts to boost defense manufacturing capacity as global conflicts continue to strain ammunition and missile inventories.
