Story
Leidos Awarded $27.2 Million Contract Modification for Missile Program
Summary
Leidos Inc. has received a $27.2 million contract modification to procure missiles for the U.S. Special Operations Command. The work on the AGM-190A Small Cruise Missile program is expected to be completed by February 2029.
Leidos Inc. (NYSE: LDOS) has been awarded a $27.2 million contract modification related to the AGM-190A Small Cruise Missile program. The agreement, a fixed-price incentive contract, was made in support of the U.S. Special Operations Command.
The contract modification is for the procurement of All Up Rounds for the missile system. The total award amount to be obligated at the time of the award is $24.2 million, according to the announcement.
Funding for the contract will be sourced from fiscal years 2025 and 2026 procurement funds, totaling $548,665 and $23.7 million, respectively. It was noted that these funds will not expire at the end of the current fiscal year.
AdWork for the contract will be performed in Huntsville, Alabama, by the Reston, Virginia-based company. The project has an expected completion date of February 26, 2029. The contracting activity is U.S. Special Operations Command, located at MacDill Air Force Base, Florida.