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Announced

Completed

Leidos completed the acquisition of Gibbs & Cox for $380m.

Financials

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Transaction Value£270m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Friendly

Majority

naval engineering

Domestic

Single Bidder

United States

Machinery: Specialty

Private

Completed

Synopsis

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Leidos, a science and technology solutions provider, completed the acquisition of Gibbs & Cox, a full-service independent engineering and design firm specializing in naval architecture and marine engineering, for $380m. "The combination of our world-class naval architecture, design and engineering services with Leidos' speed, security and scale will significantly enhance our combined offerings in the fast growing maritime undersea, autonomous and cyber security segments," Chris Deegan, Gibbs & Cox President and CEO.

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