First Trust EIP Power Solutions ETF(FPWR.US)

Leidos to acquire power design firm ENTRUST, bolstering its energy infrastructure portfolio | LDOS Stock News

Leidos has announced its acquisition of ENTRUST Solutions Group for approximately $2.4 billion, enhancing its energy infrastructure portfolio. This deal is expected to immediately boost revenue growth and EBITDA margins, effectively doubling Leidos' energy engineering business. The acquisition will broaden Leidos' client base in the utility sector and strengthen its capabilities in gas and electric generation infrastructure. The transaction is anticipated to close by the end of Q2 2026, pending regulatory approvals. Leidos will fund the acquisition through a mix of new debt, cash, and commercial paper.