tiprankstipranks
Leidos awarded $32M defense radar contract by MARCORSYSCOM
The Fly

Leidos awarded $32M defense radar contract by MARCORSYSCOM

Leidos announced it was recently awarded a new $32M contract by the Marine Corps System Command, or MARCORSYSCOM, through the Consortium Management Group. The defense radar systems development contract calls for four Medium Range Air Defense Radar prototype systems within a two-year span. The company’s Dynetics team will be leading the development of the required sensors. This win represents a significant transition for the Leidos team,” said Larry Barisciano, the weapons technology operations manager for Leidos’ Dynetics Group. “Our successful R&D process has created a path for this opportunity to become a true program of record. We’re excited to begin developing, producing and deploying these sensors for our nation’s Marines.”

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See Insiders’ Hot Stocks on TipRanks >>

Read More on LDOS:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles