LDOS · 8-K · 20261103PR000290

Acquisitions and Divestitures

Leidos Holdings, Inc. · 2026-11-03 · Importance 71 · Surprise 60

Leidos completed its acquisition of ENTRUST Solutions on March 27, 2026; the acquisition contributed $142 million of Homeland revenue in the quarter and had $371 million of backlog at acquisition. The company reported $2.338 billion of net cash used for acquisitions in the first nine months, with $1.397 billion of debt issuance proceeds during that period. On October 5, Leidos closed an agreement with Altaris to contribute its Security Enterprise Solutions and Industrial Automation businesses to a newly formed joint venture. The company adjusted its fiscal 2026 guidance to account for the joint venture.

Key facts