Question · Q4 2025
Jonathan Siegman from Stifel asked for an update on the government's progress in identifying and defining maritime programs, specifically inquiring about when Leidos might expect to hear concrete plans or announcements regarding these initiatives.
Answer
CEO Thomas Bell discussed the Department of the Navy's well-understood MUSV (medium unmanned surface vehicle) program, noting robust dialogue with the Navy and INDOPACOM. He emphasized Leidos's 'secret sauce' in providing critical payload and mission packages to make these vessels effective in war scenarios, beyond just retrofitting or new builds. He stated that Leidos is eager for timing, and while dialogue is robust, they are still waiting for the Department of Navy to come forward with firm plans.
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