
The Army earlier this month awarded Leidos [LDOS] a potential $4.1 billion contract to begin low-rate initial production--and possibly full-rate production--of the Indirect Fire Protection Capability (IFPC) Inc 2. Leidos will initially deliver 18 launchers as part of the IFPC Inc 2 system that is designed to defeat cruise missiles and drone threats. The company’s Dynetics business unit previously won the IFPC Inc 2 competition with its Enduring Shield launcher capability and has delivered prototype launchers to the Army. The…