What Happened
Defense Contractor Secures New Digital Design Deal
Leidos Holdings has secured a new $85 million Air Force digital design contract, which is expected to provide a long-term boost to the company’s revenue pipeline. The contract, awarded under the VOLARE program, will run through September 18, 2036, with the first task order of $75,000 already issued in fiscal 2026. Despite a 2.5 percent decline in stock price on September 18, 2026, Leidos Holdings is expected to continue growing its top line, with consensus forecasts indicating a 5.52 percent increase in quarterly revenue. This news was first reported by various sources, including Defence Blog and Investing.com.