---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-130304"
form_type: "8-K"
ticker: "LDOS"
cik: "0001336920"
company_name: "Leidos Holdings, Inc."
filed_at: "2026-03-30T23:59:59+00:00"
generated_at: "2026-05-15T08:21:03.087315+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Leidos completes $2.4B acquisition of ENTRUST Solutions Group from Kohlberg

## Summary
- Deal closed March 27, 2026; purchased all outstanding shares for $2.4B in cash.
- ENTRUST brings over 3,100 professionals in electric grid and natural gas infrastructure.
- Acquisition doubles Leidos' energy infrastructure presence and expands utility customer base.
- Integration supports Leidos' NorthStar 2030 strategy and energy growth pillar.
- Roy Stevens highlighted grid modernization and reliability as key benefits.

## SEC filing metadata
- accession: 0001193125-26-130304
- form_type: 8-K
- ticker: LDOS
- cik: 0001336920
- company_name: Leidos Holdings, Inc.
- filed_at: 2026-03-30T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.01, 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1336920/000119312526130304/0001193125-26-130304-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1336920/000119312526130304/d112441d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-130304
- JSON: https://secwatch.observer/filing/0001193125-26-130304.json
- Plain text: https://secwatch.observer/filing/0001193125-26-130304.txt

## Source-grounded claims
- claim_id: 746a84a9750e2043f4fec14aa7ba95218514f82b
  claim: Leidos Holdings, Inc. completed an acquisition involving KENE Holdings, L.P. for $2,400,000,000 in cash (closed 2026-03-27).
  evidence_excerpt: On March 27, 2026, Leidos, Inc. (the “ Purchaser ”), a Delaware corporation and wholly-owned subsidiary of Leidos Holdings, Inc. (the “ Company ”), completed its acquisition of KENE Parent, Inc., a Delaware corporation (“ Entrust ”), pursuant to the terms of the previously announced Stock Purchase Agreement dated January 23, 2026 (the “ Purchase Agreement ”) by and among the Purchaser, KENE Holdings, L.P., a Delaware limited partnership (the “ Seller ”) and Entrust. Pursuant to the terms of the Purchase Agreement, the Purchaser purchased and acquired from the Seller, and the Seller sold, assigned, transferred, conveyed and delivered to the Purchaser, all of the issued and outstanding shares of capital stock of Entrust, free and clear of all liens, for $2,400,000,000 in cash, subject to customary adjustments set forth in the Purchase Agreement for Entrust’s cash, debt, transaction expenses and net working capital (the “ Transaction ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1336920/000119312526130304/0001193125-26-130304-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.