Deals Counterparts

Leidos acquires ENTRUST Solutions Group for $2.4 billion to expand energy infrastructure business

Acquisition Utilities announced Mar 31, 2026
USD2.4B
Deal Value

Leidos finalized its $2.4 billion acquisition of ENTRUST Solutions Group, significantly expanding its energy infrastructure business. This transaction doubles Leidos' presence in the energy infrastructure market, strengthening its position as a provider of engineering and design services. The acquisition addresses the rising demand, grid modernization requirements, and resilience challenges faced by utilities. The deal was announced on Monday, March 31, 2026, and is expected to enhance Leidos' capabilities in supporting power infrastructure projects.

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Deal Analysis

Leidos acquired ENTRUST Solutions Group for $2.4 billion, doubling its presence in the energy infrastructure market. Leidos is a global science and technology solutions company with over 47,000 employees, primarily serving government and defense sectors. The acquisition was announced on March 31, 2026, and is expected to enhance Leidos' capabilities in supporting power infrastructure projects. The deal value is $2.4 billion, and the acquisition will strengthen Leidos' position as a provider of engineering and design services. Leidos has 47,000 employees and provides IT, engineering, and systems integration services.
  • Acquisition value: $2.4 billion
  • Announcement date: March 31, 2026
  • Leidos employee count: 47,000
  • Sector: utilities
  • Deal type: acquisition

Source Intelligence

KEY DETAILS

The acquisition addresses the rising demand, grid modernization requirements, and resilience challenges faced by utilities, quote: 'The acquisition addresses the rising demand, grid modernization requirements, and resilience challenges faced by utilities'

Deal Size
Leidos has finalized its $2.4 billion acquisition of ENTRUST Solutions Group
Location
ENTRUST’s portfolio spans over 40 locations across North America
Financials
Leidos expects the transaction to be immediately accretive to its revenue growth and adjusted earnings before interest, taxes, depreciation and amortization, or EBITDA, margin and accretive to non-GAAP diluted earnings per share in 2027
Announcement
Leidos announced the acquisition in January
PARTIES MENTIONED IN SOURCE
L
Leidos buyer

"Leidos has finalized its $2.4 billion acquisition of ENTRUST Solutions Group"

E
ENTRUST Solutions Group seller

"Leidos has finalized its $2.4 billion acquisition of ENTRUST Solutions Group"

high quality Enriched Apr 1, 2026

Timeline

Announced
Mar 31, 2026
Signed
Closed

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