Leidos is trading 40.9% higher at $173.86 after announcing a U.S. Army contract extension, though available coverage does not explicitly attribute the 40.94% after-hours surge to the award.

  • The extension is valued at up to $127 million for Leidos’ ARTEMIS airborne intelligence, surveillance, and reconnaissance mission.
  • It extends operations through summer 2027, with two additional option years.
  • The unusually large move may be data-related or driven by additional late-breaking information.