U.S. Air Force Designates Leidos' Small Cruise Missile as AGM-190A

Event summary

  • Leidos' Small Cruise Missile (SCM) officially designated as AGM-190A by the U.S. Air Force on February 26, 2026.
  • AGM-190A is a 200-pound class, mission-adaptable weapon system with a standoff range of over 400 nautical miles.
  • Modular hardware and open system software enable rapid evolution for changing mission requirements.
  • Leidos reported annual revenues of approximately $17.2 billion for the fiscal year ended January 2, 2026.

The big picture

The designation of the AGM-190A underscores the U.S. Air Force's push for affordable, adaptable stand-off strike capabilities. Leidos' modular and open-system approach aligns with broader defense industry trends toward flexible, rapidly deployable technologies. With annual revenues of $17.2 billion, Leidos is positioning itself as a key player in the evolving defense landscape.

What we're watching

Execution Risk
How Leidos will scale production and integration of the AGM-190A to meet Air Force demands.
Market Positioning
Whether the AGM-190A can compete with existing and emerging stand-off strike solutions.
Strategic Alignment
The pace at which Leidos advances its NorthStar 2030 strategy through innovative defense solutions.

Related topics

Revenue