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Leidos Projecting Higher Than Expected Opportunities For Dynetics Unit

Cal Biesecker By
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Leidos Projecting Higher Than Expected Opportunities For Dynetics Unit
Steve Cook, president of Leidos' Dynetics Group. Photo: Leidos

Leidos [LDOS] is forecasting about 6 percent annual growth in the addressable market for its Dynetics business unit, up from about 4 percent projected a year ago, driven by accelerating customer demand for advanced technologies and weapon systems, the head of the group said on Thursday. “Right now, the customer is saying, ‘I don't want the elegant solution. I need the 80 percent solution. And I need it in a couple of years, whether that be a Wide Field of…

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