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Navy awards Leidos $875M contract to secure and maintain global military networks for another year

Market News
14 Sep 2026
PRNewsWire
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Bullish
Navy awards Leidos $875M contract to secure and maintain global military networks for another year

Leidos has been awarded an $875 million contract by the U.S. Navy for the second option year to manage and secure critical networks supporting over 650,000 Navy and Marine Corps personnel worldwide. The contract covers user support, operations, and IT transformation across multiple Navy and Marine Corps networks, helping modernize IT environments and improve network resilience. Leidos has accelerated patching processes significantly, reducing vulnerabilities and ensuring network reliability for military missions. This contract aligns with Leidos' NorthStar 2030 strategy focusing on digital modernization and cybersecurity.

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Hub Group stock dips amid operating loss and leadership changes, with limited upside per analyst.

Hub Group stock dips amid operating loss and leadership changes, with limited upside per analyst.

Hub Group's stock is falling due to an expected operating loss in the first half of 2026 and mixed revenue forecasts, hitting a 52-week low. An analyst from Wells Fargo set a price target slightly below the current price, signaling limited growth pot...

Analyst Insights
Bearish
46 minutes ago
Coda Octopus beats Q3 earnings and revenue estimates with strong defense and acoustic sales.

Coda Octopus beats Q3 earnings and revenue estimates with strong defense and acoustic sales.

Coda Octopus Group reported Q3 earnings per share of $0.12 and revenue of $7.7 million, exceeding analyst expectations. The company's growth was driven by its defense engineering and acoustic businesses, which offset a decline in marine technology sa...

Company Fundamentals
Bullish
1 hour ago
Lennar's Q3 earnings expected to drop amid housing market slowdown and Fed rate watch.

Lennar's Q3 earnings expected to drop amid housing market slowdown and Fed rate watch.

Lennar Corporation is set to report its Q3 earnings on September 16, 2026, with analysts expecting a decline in both earnings per share and revenue compared to last year. The forecasted EPS is $1.29 on revenue of about $8.32 billion, down from $2.00 ...

Company Fundamentals
Bearish
1 hour ago
Baldwin Group to go private at $32.50/share amid downgrade and legal scrutiny

Baldwin Group to go private at $32.50/share amid downgrade and legal scrutiny

Baldwin Group is going private in a $7.7 billion all-cash deal led by Sequence Holdings and DFO Management, offering shareholders $32.50 per share, an 88% premium over the June 2026 price. The transaction will delist Baldwin from Nasdaq and is expect...

Market News
Bearish
2 hours ago
BTIG raises Cullinan Therapeutics price target to $40 after positive lung cancer trial results

BTIG raises Cullinan Therapeutics price target to $40 after positive lung cancer trial results

BTIG increased its price target for Cullinan Therapeutics to $40, reflecting a potential 93% upside from the current stock price of around $20.73. This upgrade follows successful Phase 3 trial results for zipalertinib, a treatment for non-small cell ...

Analyst Insights
Bullish
2 hours ago
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