Leidos Acquires Gibbs & Cox
May 7, 2021
Leidos Holdings, Inc. has completed the acquisition of Gibbs & Cox, Inc. for approximately $380 million in cash. Gibbs & Cox will operate as a wholly-owned subsidiary combined with Leidos' maritime systems division to expand Leidos' naval architecture, marine engineering and maritime offerings to the U.S. Navy and foreign navies.
- Buyers
- Leidos Holdings, Inc.
- Targets
- Gibbs & Cox, Inc.
- Industry
- Aerospace & Defense
- Location
- Virginia, United States
- Transaction Type
- Buyout
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