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Stock impact report

Leidos Expands Critical Infrastructure And Defense Cloud Role With ENTRUST Deal [Yahoo! Finance]

Leidos Holdings, Inc. (LDOS) 
Last leidos holdings, inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: investors.leidos.com
Company Research Source: Yahoo! Finance
Leidos Holdings (NYSE:LDOS) has closed its acquisition of ENTRUST Solutions Group, expanding its energy infrastructure and utility services business. The ENTRUST deal is described as a key part of the company's NorthStar 2030 strategy and increases its presence in grid modernization work. Leidos has also secured a U.S. Air Force contract to modernize the Cloud One platform alongside leading cloud providers. For investors, these moves connect two core areas of Leidos Holdings (NYSE:LDOS): energy infrastructure and defense cloud services. The ENTRUST acquisition broadens its role in utility and grid projects, while the Cloud One work keeps it involved in U.S. defense technology programs. Both developments relate to themes that many long-term investors monitor, including critical infrastructure reliability and secure government cloud systems. How Leidos executes on integrating ENTRUST and delivering on Cloud One could affect its competitive position and the way the market views Show less Read more
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