Leidos Acquires Entrust: A Strategic Move for Energy Infrastructure
Leidos Acquires Entrust: A Strategic Move for Energy Infrastructure In a significant development within the energy infrastructure sector, Leidos, a leading defense, aviation, information technology, and biomedical research company, has announced its plans to acquire Kohlberg's Entrust for an impressive $2.4 billion. This strategic acquisition aims to bolster Leidos' already robust energy portfolio, positioning the company for enhanced growth in a vital market. Strengthening Energy Infrastructure By integrating Entrust's expertise into its operations, Leidos is set to increase its services in power design and execution, which are crucial in today’s evolving energy landscape. This acquisition enables Leidos to not only enhance its service offerings but also to deliver more comprehensive solutions to its clients across various sectors, including renewable energy initiatives and traditional energy efficiency projects. A Vision for the Fu...