Leidos Acquires Gibbs & Cox

Leidos Acquires Dynetics for $1.65 Billion

January 31, 2020

Professional Services

Leidos Holdings, Inc. completed the acquisition of Dynetics, Inc. for approximately $1.65 billion in cash. Dynetics will operate as a wholly-owned subsidiary, bringing ~2,300 employees and expanded applied-research, systems engineering, and secure manufacturing capabilities to enhance Leidos' defense, intelligence, and civil offerings.

Leidos Acquires 1901 Group

December 10, 2020

IT Services

Leidos Holdings, Inc. agreed to acquire 1901 Group, a provider of managed IT services, cloud and cybersecurity solutions, to expand Leidos' digital modernization and cloud capabilities. The transaction is expected to close in Q1 2021 for a purchase price of $215 million funded with cash on hand.

Architect Equity Acquires Gibbs Die Casting Corporation

January 1, 2025

Manufacturing

Architect Equity, a lower middle-market private equity firm, acquired 100% of Gibbs Die Casting Corporation from Koch Enterprises, Inc.; terms were not disclosed and the deal closed in January 2025. Gibbs, headquartered in Henderson, Kentucky, is a manufacturer of precision aluminum die-cast, machined and assembled driveline, powertrain and transmission components (employing over 800 people) and will continue operating under Gibbs' existing leadership team.

McKean Defense Group Acquires Mikros Systems Corporation

November 12, 2020

Aerospace & Defense

McKean Defense Group agreed to acquire Mikros Systems Corporation for approximately $4.6 million in cash, purchasing all outstanding common stock in a merger. The acquisition strengthens McKean's U.S. Navy portfolio by adding Mikros' electronic systems, combat-systems monitoring and diagnostic analytics capabilities to support Littoral Combat Ship programs and other naval sustainment work.

Leidos Acquires Kudu Dynamics

May 28, 2025

Cybersecurity

Leidos has acquired Kudu Dynamics for approximately $300 million in an all-cash transaction that closed May 23, 2025. The acquisition is intended to accelerate Leidos' AI-enabled offensive cyber, electromagnetic spectrum operations, and vulnerability research capabilities for defense, intelligence and homeland security customers.

HEICO Acquires Gables Engineering

July 29, 2025

Aerospace & Defense

HEICO Corporation (through its Electronic Technologies Group) has acquired Gables Engineering, a Coral Gables, Florida-based designer and manufacturer of avionics controls, in a cash transaction. The deal—expected to be accretive to HEICO’s earnings within one year—expands HEICO’s avionics and flight-deck capabilities and supports continued R&D and American manufacturing investment.