Leidos Holdings, Inc. completed its $2.4 billion acquisition of ENTRUST Solutions Group on March 27, 2026, doubling its presence in the energy infrastructure market.
Key takeaways
Leidos, Inc. completed the acquisition of KENE Parent, Inc. (ENTRUST) on March 27, 2026.
The total consideration was $2,400,000,000 in cash, subject to customary adjustments.
The acquisition was executed pursuant to a Stock Purchase Agreement dated January 23, 2026.
ENTRUST brings over 3,100 professionals with expertise in electric grid engineering and natural gas infrastructure.
The acquisition effectively doubles Leidos' presence in the energy infrastructure market.