Leidos to Buy ENTRUST for $2.4B Cash Deal, Aiming to “Turbocharge” Energy Growth by 2026
LeidosLeidos(US:LDOS) Yahoo Finance·2026-02-01 17:38

Management described ENTRUST as a power and utilities engineering and design firm focused on electric and gas infrastructure, supported by what Bell characterized as visible revenue tied to long-term master service agreements with diversified blue-chip clients.Bell also noted Leidos divested a “non-core legacy energy asset” known as Varec last year as part of sharpening its focus within the energy growth pillar.CEO Tom Bell said the acquisition is intended to “turbocharge” Leidos’ energy business, which he ...

Leidos to Buy ENTRUST for $2.4B Cash Deal, Aiming to “Turbocharge” Energy Growth by 2026 - Reportify