Leidos (LDOS) is trading higher after announcing it has completed its previously announced acquisition of ENTRUST Solutions Group in an approximately $2.4 billion all-cash transaction. The company said the deal creates a scaled energy infrastructure organization focused on grid modernization and supporting utilities as power demand rises. (stocktitan.net)

Leidos said ENTRUST “effectively doubles” its presence in the energy infrastructure market and adds more than 3,100 professionals with expertise spanning electric grid engineering and natural gas infrastructure. The company framed the transaction as aligned with its long-term “NorthStar 2030” strategy, signaling a continued pivot toward non-defense growth pillars alongside its government business. (stocktitan.net)

The acquisition closed on March 27, 2026, and was announced publicly on March 30, 2026. Leidos disclosed a purchase price of $2,400,000,000 in cash (subject to customary adjustments), making it a sizable capital allocation move that can reset expectations for the company’s commercial mix and medium-term growth profile. (stocktitan.net)

Investors will likely focus on how quickly Leidos integrates ENTRUST, whether the enlarged energy platform drives faster organic growth, and how leverage and interest expense evolve after funding an all-cash deal. Near-term catalysts include any updated integration commentary, synergy targets, and segment-level performance signals in upcoming filings and quarterly results. (stocktitan.net)