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Business/Financial

Leidos Receives Sea Dart Contract from ‘Classified Customer,’ Reports Increase in 2nd Quarter Earnings

Frank Wolfe

Tuesday, August 5th, 2025

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Leidos Receives Sea Dart Contract from ‘Classified Customer,’ Reports Increase in 2nd Quarter Earnings

Leidos CEO Tom Bell said that the company has a number of orders for Leidos Sea Dart unmanned undersea vehicles (Leidos Image)

Leidos [LDOS] has received a contract from a "classified customer" for 12 Sea Dart unmanned underwater vessels "to augment their arsenals," Leidos CEO Tom Bell said in the opening segment of the company's second quarter earnings call on Tuesday. The 18 members of the intelligence community include such agencies as the Office of Naval Intelligence, the National Security Agency, and the Defense Intelligence Agency. "The customer has expressed an intent to acquire an additional 70 Sea Darts next year with…

Congress

SASC Approves $1.14 Trillion FY ‘27 NDAA With ‘Right to Repair’ Reform, Stock Buyback Restriction

The Senate Armed Services Committee (SASC) has approved its $1.14 trillion version of the next defense policy bill, adopting “right to repair” reform to provide the military services’ greater ability […]

Congress

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House appropriators on Wednesday released their $1.07 trillion fiscal year 2027 defense spending bill, with the legislation reversing Army aviation cuts, restoring funding for the Air Force’s E-7 Wedgetail program […]

Congress

MOSA Implementation By Pentagon Lagging, GAO Official Says

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Congress

HASC Wants Info On Army’s Plans To Pursue Autonomous Aerial Delivery, Surface Vessels For Logistics

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