financetom
Business
financetom
/
Business
/
Leidos Holdings Receives $331 Million Contract for US Army Network Modernization
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Leidos Holdings Receives $331 Million Contract for US Army Network Modernization
Oct 21, 2024 3:43 PM

08:35 AM EDT, 10/21/2024 (MT Newswires) -- Leidos Holdings ( LDOS ) said Monday it was awarded a contract worth up to $331 million to modernize the US Army's network, in line with the Army's Network Modernization Strategy and Unified Network Plan.

The contract, awarded by the Army Program Executive Office for Command, Control, and Communications-Tactical Global Enterprise Network Modernization-OCONUS, includes a one-year base period and four optional one-year extensions, the company said.

Under the contract, Leidos ( LDOS ) will implement the Army's Global Unified Network at various sites to create a standardized, modern network architecture.

Price: 169.00, Change: -0.52, Percent Change: -0.31

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Debt-laden theater chain AMC reaches new refinancing deal
Debt-laden theater chain AMC reaches new refinancing deal
Jul 22, 2024
July 22 (Reuters) - AMC Entertainment Holdings ( AMC ) said on Monday it had reached an agreement with creditors that extends up to $2.45 billion of debt maturities from 2026 to 2029 and beyond. The agreement will also allow AMC to reduce debt by $464 million by converting exchangeable notes into equity. The company had been grappling with the...
MSCI Launches 130 Private Market Indexes
MSCI Launches 130 Private Market Indexes
Jul 22, 2024
02:19 PM EDT, 07/22/2024 (MT Newswires) -- MSCI ( MSCI ) said Monday it has launched the MSCI Private Capital Indexes to support transparency in global private markets. The 130 new indexes, built using a wide range of private capital funds, complement MSCI's ( MSCI ) existing real asset indexes, the company said. Price: 504.00, Change: +8.11, Percent Change: +1.64...
AMC Entertainment Stock Halted: Movie Theater Chain Announces Restructuring Of Debt Load, Adam Aron Says Box Office Challenges Are In 'Rearview Mirror'
AMC Entertainment Stock Halted: Movie Theater Chain Announces Restructuring Of Debt Load, Adam Aron Says Box Office Challenges Are In 'Rearview Mirror'
Jul 22, 2024
AMC Entertainment Holdings Inc ( AMC ) shares were halted Monday afternoon following a report indicating the company plans to restructure its debt load. AMC formally announced the plans shortly after. What Happened: AMC shares began perking up after Bloomberg reported that AMC reached an agreement with creditors that included a restructuring of its debt and an asset shift involving...
TIMELINE-The ongoing bird flu outbreak in the United States
TIMELINE-The ongoing bird flu outbreak in the United States
Jul 22, 2024
(Adds new cases of dairy herds and humans infected) July 22 (Reuters) - The H5N1 bird flu virus has spread to dairy cows in the United States, raising concerns about its spread to humans. Since 2022, bird flu in the U.S. has infected 168 dairy herds, 7 people who were exposed to poultry, 4 people who were in close contact...
Copyright 2023-2026 - www.financetom.com All Rights Reserved