Leidos Secures a $120M Deal to Provide Cybersecurity Support

Leidos Holdings Contract and Market Opportunity - Leidos Holdings secured a $120 million contract to provide management architecture, engineering, and cybersecurity support services to the Department of Defense, Intelligence Community, and civilian agencies [1] - The contract involves designing, developing, testing, integrating, and maintaining key management systems [1] - The global Defense Cybersecurity market is projected to grow at a CAGR of 12.8% from 2025 to 2030, offering strong growth opportunities for Leidos [3] Leidos' Cybersecurity Strategy - Leidos' PACKIT (Proven, Analytic-Centric Kill Chain Implementation and Transformation) is a threat-based strategy that uses people, processes, and technology to enhance cybersecurity [4] Peer Companies in Defense Cybersecurity - Northrop Grumman (NOC) offers full-spectrum cyber solutions, including a Cyberdefense Platform for Weapon Systems using AI/ML techniques, with a long-term earnings growth rate of 19% and projected 2025 sales growth of 3.6% [5][6] - Lockheed Martin (LMT) provides comprehensive cyber systems, including the MR2 platform for real-time military training and readiness reports, with a long-term earnings growth rate of 4.4% and projected 2025 sales growth of 3.8% [6][7] - BAE Systems (BAESY) designs cutting-edge cybersecurity technologies, such as one-way transfer devices and Data Diode Solutions, with a long-term earnings growth rate of 11.1% and projected 2025 sales growth of 58.4% [7][8] Leidos Stock Performance - Leidos' stock price increased by 2.3% over the past month, compared to the industry's growth of 4% [11] - Leidos currently holds a Zacks Rank 2 (Buy) [12]