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Leidos Eyes Portfolio Optimization With Varec Divestment
Summary by GovCon Wire
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1 Articles
Leidos Eyes Portfolio Optimization With Varec Divestment
An undisclosed buyer has signed a definitive agreement to acquire Varec, a wholly owned subsidiary of Leidos, for an undisclosed sum. Leidos said Thursday the transaction is expected to be finalized in the fourth quarter of 2025, subject to customary closing conditions. The move supports Leidos’ ongoing portfolio optimization efforts under its NorthStar 2030 strategy.
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