Core Insights - Leidos Holdings, Inc. has developed Sea Dart, an uncrewed underwater vessel (UUV) aimed at supporting the U.S. Navy and commercial clients in various operations [1][2] - Sea Dart is designed to be high-performance, affordable, flexible, and adaptable, with a cost that is 80-90% less than comparable small UUVs [3][4] Company Developments - Sea Dart is available in two standard diameters of six and nine inches and can be transported by one or two people [2] - The UUV is capable of performing counter-mine operations, underwater surveys, and environmental sensing, among other missions [2][4] - Leidos has a legacy of 50 years in assisting the Navy and is expanding its autonomous capabilities with various vessels already at sea [5][6] Industry Context - The demand for unmanned underwater vehicles is increasing, driven by the need for advanced maritime capabilities [4] - Other defense companies like Huntington Ingalls Industries, Boeing, and BAE Systems are also positioned to benefit from the expanding UUV market, with notable growth rates and product offerings [7][8][9] Stock Performance - Leidos shares have increased by 4.6% over the past year, contrasting with a 6.7% decline in the industry [13]
Leidos Reveals Its Latest Sea Dart Unmanned Undersea Vessel