M&A Deal Summary

Leidos Acquires Dynetics

On December 17, 2019, Leidos acquired information technology company Dynetics for 1.7B USD

Acquisition Highlights
  • This is Leidos’ 5th transaction in the Information Technology sector.
  • This is Leidos’ 2nd largest (disclosed) transaction.
  • This is Leidos’ 12th transaction in the United States.
  • This is Leidos’ 1st transaction in Alabama.

M&A Deal Summary
Date 2019-12-17
Target Dynetics
Sector Information Technology
Buyer(s) Leidos
Deal Type Add-on Acquisition
Deal Value 1.7B USD
Advisor(s) Jefferies (Financial)
King & Spalding (Legal)

Target

Dynetics

Huntsville, Alabama, United States
Dynetics, Inc. is a provider of IT solutions to the national security, cybersecurity, space, and critical infrastructure sectors. Dynetics is based in Huntsville, Alabama.

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Buyer(S) 1

Buyer

Leidos

Reston, Virginia, United States
Category Company
Founded 1969
Sector Information Technology
Employees47,000
Revenue 15.4B USD (2023)
DESCRIPTION
Entrance to Leidos' office in Columbia, Maryland.
Entrance to Leidos' office in Columbia, Maryland.

Leidos is a provider of science and technology solutions in the United States. The company delivers solutions and services for data analytics, systems integration, and cybersecurity to the agencies of the U.S. Department of Defense, the intelligence community, and the U.S. Department of Homeland Security, as well as other U.S. Government civil agencies, state and local government agencies, foreign governments, and customers in a range of commercial markets. Leidos was founded in 1969 and is based in Reston, Virginia.

DEAL STATS #
Overall 12 of 17
Sector (Information Technology) 5 of 7
Type (Add-on Acquisition) 9 of 11
State (Alabama) 1 of 1
Country (United States) 12 of 16
Year (2019) 2 of 2
Size (of disclosed) 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-22 Leidos Holdings - Commercial Electronic Health Records Business

Reston, Virginia, United States

Leidos's Commercial Electronic Health Records Business engages in healthcare IT consulting with deep clinical and technical expertise to support customers in selecting, implementing and optimizing information technology investments.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-04 L3Harris Technologies - Security Detection and Automation Business

Tewksbury, Massachusetts, United States

L3Harris' Security Detection and Automation businesses provide airport and critical infrastructure screening products, automated tray return systems and other industrial automation products. With headquarters in Tewksbury, Mass. and Luton, England, the combined businesses have 1,200 employees and a global sales and services operations footprint with more than 20,000 systems deployed world-wide across more than 100 countries.

Buy $1.0B
Mergr

Product

Company

Legal