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Leidos to buy ENTRUST Solutions in $2.4B deal
Photo: Reuters

Leidos Holdings said on Monday it has agreed to acquire power design firm ENTRUST Solutions Group from private equity group Kohlberg in a deal valued at about $2.4 billion, as it seeks to strengthen its engineering services for utility customers.

Leidos said it will finance the transaction through a mix of new debt, existing cash, and commercial paper, News.Az reports, citing Reuters.

The acquisition is expected to close by the end of the second quarter of 2026.

The company said the deal is expected to immediately contribute to revenue growth and improve its adjusted core profit margin, while adding to adjusted earnings per share beginning in 2027.


News.Az 

By Nijat Babayev

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