Leidos secured a $95 million, five-year contract from the Defense Logistics Agency to upgrade the Pentagon's Enterprise Logistics Management System (ELMS) using AI automation. ELMS manages over 80 million government assets valued at $140 billion, supporting military readiness by tracking equipment lifecycle. Leidos will apply AI, cloud technology, and modern software practices to improve system performance and security, continuing over two decades of support. This effort aligns with Leidos' NorthStar 2030 strategy to advance defense technology in logistics.
Leidos' contract to enhance the Pentagon's logistics system provides context for technology sector activity on Pluang as of Oct 22, 2026 22:02 WIB. Among 150 priced US technology stocks, 67 advanced and 83 declined. Notable movers include CRDO at USD 166.73 down 8.53% with 83% sell orders, BTDR at USD 7.39 down 8.31% but with 94% buy orders, and GLW at USD 123.76 down 8.28% with 81% sell orders, showing varied investor sentiment and typical hold times ranging from 16 to 37 days.
Canada's 5G device market is forecasted to expand from USD 10 billion in 2026 to USD 15.2 billion by 2031, growing at 8.7% annually. Growth is fueled by mid-band spectrum deployment, federal connectivity programs, and rising enterprise adoption of ad...
Freddie Mac reported that the average 30-year fixed mortgage rate fell to 7.32% as of October 22, 2026, down from 7.40% the previous week. This decline offers some relief to prospective homebuyers facing higher borrowing costs compared to last year, ...
Flutter Entertainment, a leading online sports betting and iGaming operator, will release its third quarter 2026 update on November 4 before the US market opens. The company will host a conference call at 8:30 a.m. ET the same day to discuss the resu...
iPower Inc. declared a 1-for-12 reverse stock split effective October 26, 2026, combining every 12 shares into one to increase the stock price. This move aims to keep iPower's shares compliant with Nasdaq's minimum bid price requirements. Post-split,...
U.S. Global Investors has listed its actively managed U.S. Global Technology and Aerospace & Defense ETF (WAR) on Peru's Lima Stock Exchange, marking the first availability of this ETF outside the U.S. This move gives Peruvian investors access to a f...
