Leidos to Acquire Dynetics for $1.65bn

Dynetics and its partners are building the army’s laser weapon system demonstrator

Leidos Holdings, Inc., a FORTUNE 500 company, announced that it has entered into a definitive agreement to acquire privately-owned Dynetics, Inc. (“Dynetics”), an industry-leading applied research and national security solutions company, for $1.65 billion in cash. The Board of Directors of both companies unanimously approved the transaction. Continue reading