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Leidos ramps up production of affordable long-range cruise missiles to boost U.S. defense capacity.

02 Nov 2026, 23:30 WIB
PRNewsWire
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Bullish
Leidos ramps up production of affordable long-range cruise missiles to boost U.S. defense capacity.

Leidos is advancing U.S. missile production by coordinating key suppliers to scale manufacturing of its Low-Cost Containerized Missile (LCCM) and AGM-190A Havoc Spear cruise missile. This effort supports a Department of War agreement for 3,000 LCCM units, enhancing long-range strike capabilities. Initial missile deliveries to Air Force Special Operations Command have begun, with full-rate production expected by 2028-2029. Production will mainly occur in Alabama and Tennessee, involving suppliers across 14 states, reflecting a national push to strengthen missile supply chains and defense readiness.

Leidos' missile production scale-up provides context for Industrials sector activity on Pluang. For readers following Industrials, here is Pluang's market snapshot as of Nov 03, 2026 04:01 WIB: Of 135 priced US Industrials stocks, 66 rose and 69 fell. Among notable movers, FCEL dropped 7.88% to USD 11.22 with a typical hold time of 49 days and 98% sell orders, contrasting with LUNR's 7.69% decline to USD 9.85 and a much shorter hold time of 12 days with 100% sell orders. NAT also fell 7.46% to USD 7.32 with an 11-day hold time.

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