Leidos Just Closed a $2.4 Billion Grid-Infrastructure Acquisition. Is This a Quiet AI Winner?
Leidos reported improving quarterly momentum, contract wins and higher full-year guidance, and closed a $2.4 billion grid-infrastructure acquisition. The ENTRUST deal significantly expands its grid modernization and power engineering footprint.
Why it matters — This acquisition meaningfully broadens Leidos' grid modernization and power engineering business, which could expand its growth opportunities for LDOS watchers.