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Leidos buys Dynetics for $1.7B

|About: Leidos Holdings, Inc. (LDOS)|By: , SA News Editor

Leidos (NYSE:LDOS) will acquire the applied research and national security solutions company for $1.65B in cash.

Dynetics provides high-technology, mission-critical services and solutions to the U.S. government.

Leidos says the purchase will enhance its Defense, Intelligence, and Civil businesses.