Core Insights - Leidos Holdings, Inc. (LDOS) has signed a 19-year agreement with Kazaeronavigatsia to upgrade Kazakhstan's air traffic control system, anticipating significant growth in the country's aviation sector, with passenger traffic projected to increase from nearly 15 million to 26 million by 2030 [1][3] Group 1: Agreement Details - The agreement includes enhancements at four control centers and 21 towers nationwide, aimed at improving the safety and reliability of Kazakhstan's air traffic system [3] - Leidos will implement its SkyLine-X Air Traffic Management system, which provides comprehensive surveillance capabilities and advanced safety features [2][7] Group 2: Leidos' Expertise - Leidos has over 50 years of experience in air traffic management, ensuring the safe travel of more than four million passengers daily across four continents [4] - The company integrates advanced technologies such as AI and hybrid cloud architecture through its Common Automation Platform to enhance air traffic control operations [5] Group 3: Industry Growth Potential - A report by Airports Council International World predicts a global passenger traffic CAGR of 3.4% from 2024 to 2043, indicating a rising demand for modernized air traffic management solutions [6] - Other companies in the air traffic management sector include Boeing, RTX Corporation, and Leonardo DRS, each with their own growth rates and sales projections [6][8][10] Group 4: Stock Performance - Over the past six months, Leidos shares have increased by 41.9%, significantly outperforming the industry growth of 6.2% [11] - Leidos currently holds a Zacks Rank 2 (Buy), indicating positive market sentiment [12]