5 Best Defense Contractor Stocks to Buy Right Now

3. Leidos Holdings, Inc. (NYSE:LDOS)

Stock Upside Potential: 30.49%

Number of Hedge Fund Holders: 37

Leidos Holdings Inc. (NYSE:LDOS) is one of the best defense contractor stocks to buy right now. On March 11, Leidos Holdings Inc. (NYSE:LDOS) announced it is poised to modernize the US Air Force Cloud One Platform to enhance the deployment of secure cloud capabilities.

Under a $454.9 million contract, the company is to work with Amazon Web Services, Azure, Google Cloud Platform, and Oracle Cloud Infrastructure to transform the Air Force’s multi-cloud environment. The modernization drive seeks to boost security, increase automation, and simplify day-to-day operations to help the US Air Force deploy mission-critical operations faster. Leidos Holdings joins the fray as a trusted partner, owing to its edge in delivering innovative solutions that support the Air Force’s transition to the cloud.

Earlier on March 10, Leidos entered into a strategic partnership with Dropzone AI to help federal agencies respond to cyber threats faster and with less training. The two are to deploy agentic artificial intelligence to help handle routine cyber investigations, to allow humans to focus on more complex and critical threats.

Leidos Holdings, Inc. (NYSE:LDOS) is a technology company that provides scientific, engineering, and enterprise IT solutions primarily to U.S. federal agencies, including the Department of Defense and homeland security. It focuses on defense, intelligence, civil, and health markets, offering services such as AI, cybersecurity, digital modernization, and software development.