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Leidos Nabs $4.1 Billion Production Contract For Indirect Fire Capability

Leidos Nabs $4.1 Billion Production Contract For Indirect Fire Capability
Leidos-built Indirect Fire Protection Capability Inc 2. (Photo: U.S. Army photo by Darrell Ames)

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…

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