Stratrix
On the Record · Leidos Holdings

Leidos Holdings acquisitions, on the record

The businesses Leidos Holdings bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Cobham Aviation Services Australia's Special Mission business
Word for word“During fiscal 2022, we completed the acquisition of Cobham Aviation Services Australia’s Special Mission business.” 10-K for 2023
acquisitionDuring fiscal 2022—
Gibbs & Cox
Word for word“During fiscal 2021, we completed the acquisitions of Gibbs & Cox, 1901 Group, LLC, and an immaterial strategic business acquisition.” 10-K for 2023
acquisitionDuring fiscal 2021—
1901 Group, LLC
Word for word“During fiscal 2021, we completed the acquisitions of Gibbs & Cox, 1901 Group, LLC, and an immaterial strategic business acquisition.” 10-K for 2023
acquisitionDuring fiscal 2021—
Cobham Special Mission
Word for word“On October 30, 2022 (the "Agreement Date"), we completed the acquisition of Cobham Special Mission for purchase consideration of $ 298 million Australian dollars, net of $ 10 million of Australian dollars acquired, or $ 192 million United States dollars, net of $ 6 million of cash acquired.” 10-K for 2023
acquisitionOn October 30, 2022 (the "Agreement Date"), we completed the acquisitionpurchase consideration of $ 298 million Australian dollars, net of $ 10 million of Australian dollars acquired, or $ 192 million United States dollars, net of $ 6 million of cash acquired
immaterial strategic business
Word for word“On September 21, 2021, we completed an immaterial strategic business acquisition for purchase consideration of approximately $ 36 million.” 10-K for 2023
acquisitionOn September 21, 2021, we completed an immaterial strategic business acquisitionapproximately $ 36 million
immaterial business within our Defense Solutions segment
Word for word“On October 20, 2023, we disposed of an immaterial business within our Defense Solutions reportable segment.” 10-K for 2023
divestitureOn October 20, 2023—
Aviation & Missile Solutions LLC ("AMS")
Word for word“The divestiture was completed on April 29, 2022.” 10-K for 2023
divestitureThe divestiture was completed on April 29, 2022—
Aviation & Missile Solutions LLC
Word for word“During fiscal 2022, we completed the disposition of Aviation & Missile Solutions LLC within our Defense Solutions segment.” 10-K for 2025
divestitureDuring fiscal 2022—
Immaterial business within the Defense Solutions reportable segment
Word for word“On October 20, 2023, we disposed of an immaterial business within our Defense Solutions reportable segment.” 10-K for 2025
divestitureOn October 20, 2023—
Savanna Industries, Inc. ("Kudu Dynamics")
Word for word“On May 23, 2025 (the "Purchase Date"), we completed the acquisition of Kudu Dynamics for a final purchase consideration of $ 293 million, net of $ 29 million of cash acquired.” 10-K for 2026
acquisitionOn May 23, 2025$ 293 million
KENE Parent, Inc. ("Entrust")
Word for word“On January 23, 2026, Leidos, Inc. entered into a stock purchase agreement to acquire all of the shares of Entrust for a purchase price of $2.4 billion in cash, subject to customary adjustments for Entrust’s cash, debt, transaction expenses and net working capital.” 10-K for 2026
agreed acquisitionOn January 23, 2026$2.4 billion
an immaterial business not aligned to the Company's long term strategy within the Commercial & International reportable segment
Word for word“On October 31, 2025, the Company completed the divestiture of an immaterial business not aligned to the Company's long term strategy within the Commercial & International reportable segment.” 10-K for 2026
divestitureOn October 31, 2025—
an immaterial business within our Defense Systems reportable segment
Word for word“On October 20, 2023, we disposed of an immaterial business within our Defense Systems reportable segment.” 10-K for 2026
divestitureOn October 20, 2023—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Goodwill from acquisitions
2016-12-30−$25 million$3.42 billion
2017-12-29$0—
2018-12-28$81 million—
2020-01-03$94 million$50 million
2021-01-01$2.65 billion$1.36 billion
2021-12-31$622 million$430 million
2022-12-30$192 million$26 million
2023-12-29$6 million$4 million
2025-01-03$0—
2026-01-02$293 million$231 million

Deal filings since 2016

Read from Leidos Holdings’s annual reports (10-K for 2026, 10-K for 2025, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-17. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.