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Leidos Announces Agreement to Sell Varec
Prnewswire· 2025-10-30 21:01
Accessibility StatementSkip Navigation RESTON, Va., Oct. 30, 2025 /PRNewswire/ -- Leidos (NYSE: LDOS) has entered into a definitive agreement to sell its wholly owned subsidiary, Varec. The transaction is in support of portfolio optimization efforts under its NorthStar 2030 strategy unveiled earlier this year. "This transaction enables both Leidos and Varec to advance their missions and maximize long-term value," said Vicki Schmanske, president of the Commercial & International Sector at Leidos. "By refin ...