Deal Details

Kudu Is Acquired by Leidos

Technology & Services

Kudu acquisition by Leidos

Summary

Kudu Dynamics (“Kudu” or the “Company”) has announced its acquisition by Leidos Holdings, Inc. (“Leidos”) (NYSE: LDOS). Terms of the transaction were not disclosed.

Baird served as exclusive financial advisor to Kudu on this transaction.

About

Founded in 2013, Kudu is leading the DoD’s charge to build strategically vital capabilities for next-generation warfare by delivering converged asymmetric solutions across cyber, electronic warfare, and electromagnetic spectrum operations. These solutions are developed by pairing world-class technical proficiency in automated targeting, scalable hardware reverse engineering, vulnerability research, artificial intelligence capability development, and the generation of other non-kinetic effects with a cultural imperative to innovate and automate. The Company is headquartered in Chantilly, Virginia.

Leidos’ acquisition of Kudu underscores several themes in the Defense & Government market, including: (1) tremendous M&A market interest in providers of decisive mission capabilities; (2) customer demand for next-generation converged cyber / electronic warfare solutions; and (3) alignment with National Security funding priorities addressing increasing threats in the Indo-Pacific region. Kudu will accelerate Leidos’ cyber technology innovation strategy, namely for offensive cyber, vulnerability research, and the fusion of cyber and artificial intelligence / machine learning.

Leidos is an industry and technology leader serving government and commercial customers with smarter, more efficient digital and mission innovations. With 48,000 global employees, Leidos reported annual revenues of approximately $16.7 billion for the fiscal year ended January 3, 2025. Leidos is headquartered in Reston, Virginia.

Technology & Services

Kudu acquisition by Leidos