Leidos, a prominent technology and engineering firm, has announced plans to acquire ENTRUST Solutions Group for $2.4 billion, marking a significant strategic move under its NorthStar 2030 growth initiative. This acquisition comes at a time when U.S. utilities are expected to invest a staggering $1 trillion in modernization efforts to enhance the resilience and security of the electrical grid in the face of increasing power demands.
Adam Biggam, CEO of ENTRUST, emphasized the advantages of the merger, stating, “By joining Leidos, we’re uniting world-class power and energy engineering expertise to create a leading end-to-end infrastructure platform.” The collaboration is set to enhance Leidos’ workforce, combining over 5,500 energy professionals poised to tackle complex challenges in the utility and power sectors.
Leidos CEO Tom Bell commented on the acquisition, noting that ENTRUST’s engineering capabilities complement Leidos’ offerings. He remarked, “This deal is a bold step forward in support of Leidos’ growth strategy and a national priority to expand America’s energy infrastructure.” The acquisition aims to strengthen the reliability of the grid, particularly against the backdrop of aging systems and severe weather events.
Leidos has a longstanding history of providing engineering services to electric utilities, focusing on transmission and distribution. The integration of ENTRUST’s comprehensive engineering expertise—from generation through to delivery—will expand Leidos’ client base and its capacity to foster innovation within the energy sector. With this acquisition, Leidos anticipates doubling the size of its energy infrastructure engineering business, which has maintained double-digit growth and margins for eight consecutive years.
The transaction is expected to be immediately accretive to Leidos’ revenue and earnings performance projections, and it is anticipated to close by the end of the second quarter of 2026, pending regulatory approvals. To finance the deal, Leidos plans to utilize a mix of new debt, cash reserves, and commercial paper.
As part of the ongoing engagement with stakeholders, Leidos management will hold a conference call to discuss this transaction in detail, reflecting their commitment to transparency and strategic communication.
With the challenges posed by climate change and the need for sustainable energy practices, the merge promises not only to bolster Leidos’ market position but also to contribute significantly to the advancement and security of America’s energy infrastructure. This positive outlook aligns with national energy goals, aiming to create a more resilient power grid for the future.