Leidos' aerospace division, Dynetics Inc., is competing with BlueOrigin and SpaceX to develop a human lunar lander for NASA's Artemis program. Leidos acquired Dynetics in January 2020.
Heading into 2020, plenty of signs pointed to sunny skies ahead for Leidos Holdings Inc.
A few years earlier, the Reston-based science, engineering and technology company had become an IT behemoth. It doubled in size after its 2016 acquisition of Lockheed Martin Corp.’s Information Systems & Global Solutions business segment.
And Leidos continued that trend of growth and acquisition with its $1.65 billion, all-cash acquisition of Dynetics Inc. in January 2020. The move expanded its reach in research and national security solutions, including the aerospace sector. Just days later, Leidos announced it would acquire the security detection and automation businesses of L3Harris Technologies for $1 billion in another all-cash transaction.
