Leidos Holdings (LDOS) to Offer its Small Cruise Missile to the U.S. Air Force

Leidos Holdings, Inc. (NYSE:LDOS) is one of the best information technology services stocks to buy now.

On February 26, Leidos Holdings, Inc. (NYSE:LDOS) announced that the U.S. Air Force has officially designated its Small Cruise Missile as the AGM-190A.

This development marks the formal recognition of Leidos’ Small Cruise Missile as an affordable, adaptable stand-off strike solution for the Department of War. The 200-pound weapon showed a stand-off range of over 400 nautical miles during testing from a C-130 aircraft. The missile features modular hardware and open-system software that allows the AGM-190A to adapt to evolving mission requirements.

Leidos Holdings noted that this deal demonstrates the Air Force’s confidence in the company’s scalable defense capabilities. The company stated that this aligns with its NorthStar 2030 strategy, which focuses on innovative and cost-effective solutions.

In other news, on February 12, Leidos Holdings reported that it is accelerating the next phase of DODNet transformation. In the next phase, the company will shift eight additional Defense Agencies and Field Activities to its DODNet program, marking a major step forward in the $11.5 billion, 10-year Defense Enclave Services program. Leidos will be transitioning nearly 100,000 users to DODNet over the next 1.5 years.

Copyright: stocking / 123RF Stock Photo

Leidos Holdings, Inc. (NYSE:LDOS), along with its subsidiaries, offers services and solutions for government and commercial customers in the U.S. The company operates through segments including the National Security & Digital, Health & Civil, Commercial & International, and Defense Systems.

While we acknowledge the potential of LDOS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the

.