Leidos Buys Kudu Dynamics for $300M, Expands Cyber Capabilities
Leidos Holdings, Inc. (LDOS) stated that it acquired Kudu Dynamics for roughly $300 million in cash. The acquisition should strengthen LDOS’s focus on artificial intelligence (AI)-powered offensive cyber operations, electromagnetic spectrum capabilities and vulnerability research.How Will the Buyout Benefit LDOS Stock?Kudu Dynamics’ improved offensive cyber capabilities should help Leidos expand its customer base and product offerings, and improve its AI-enabled cyber capabilities for defense, intelligence ...