Leidos Closes $2.4 Billion Acquisition to Bolster Energy Infrastructure

Key Facts

1Leidos closed its acquisition of ENTRUST for $2.4 billion to expand its footprint in power engineering and grid modernization.

2The company's latest quarterly results showed improving momentum in contract wins and an upward revision of full-year guidance.

Amid rising demand for power infrastructure driven by AI data centers, Leidos has finalized its $2.4 billion acquisition of ENTRUST. This strategic move is designed to position the company as a leader in power engineering and grid modernization. The closing of the deal follows a period of significant momentum in contract wins, which led the company to revise its full-year financial guidance upward.

Per market data, LDOS shares closed at $129.35 on September 16, 2026, with the stock trading between a low of $128 and a high of $131.02 during that session. The acquisition aligns with recent quarterly results that demonstrated improved operational performance and a strengthened capacity to capture growth within the critical infrastructure sector.

Looking ahead, investors will be watching for the successful integration of ENTRUST and the continued pace of new contract awards. On the macroeconomic front, recent data from September 10, 2026, showed the US Producer Price Index (PPI) rising by 0.4%, a factor that may influence input costs for large-scale infrastructure projects currently underway.