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Leidos Acquires ENTRUST for $2.4 Billion, Boosts Energy Division

1/26/2026

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Story summary
  • Leidos Holdings will acquire ENTRUST Solutions Group for $2.4 billion, the largest purchase in six years.
  • The deal expands Leidos' energy engineering business, doubling revenue to about $1.3 billion and lifting workforce to over 5,500.
  • The acquisition is expected to strengthen Leidos' capabilities in gas and electric utilities to support modern energy infrastructure.
  • Closure is targeted for the end of Q2 2026, with revenue growth and improved profit margins anticipated.