Live On CNBC, Steve Weiss Bought Leidos Holdings

Leidos Receives Five-Year, $301M U.S. Army Contract To Curb Cyber Threats By Monitoring Military Networks

Leidos (NYSE: LDOS) will help the Department of War detect and defend against cyber threats by monitoring military networks 24 hours a day, seven days a week under a five-year contract.Work under the $301 million

Shares of defense-related companies are trading lower after reports suggesting that the Pentagon is considering the use of software to draw data directly from contractors' internal financial records to get a better view of production costs.

Goldman Sachs Maintains Neutral on Leidos Holdings, Lowers Price Target to $132

Goldman Sachs analyst Gavin Parsons maintains Leidos Holdings (NYSE:LDOS) with a Neutral and lowers the price target from $152 to $132.