RESTON, Va., Oct. 30, 2025 /PRNewswire/ — Leidos (NYSE: LDOS) has entered right into a definitive promise to promote its absolutely owned subsidiary, Varec. The transaction is in help of portfolio optimization efforts beneath its NorthStar 2030 technique unveiled previous this moment.

“This transaction enables both Leidos and Varec to advance their missions and maximize long-term value,” mentioned Vicki Schmanske, president of the Business & World Sector at Leidos. “By refining our portfolio, we’re executing our NorthStar 2030 strategy at pace and sharpening our focus on our strategic growth pillars.”

Based in 1928 and bought by way of Leidos in 2006, Varec supplies automatic gasoline control answers for protection and industrial consumers international.

The transaction is anticipated to related within the fourth quarter of 2025 topic to normal utmost statuses.

About Leidos

Leidos is an trade and era chief serving executive and industrial consumers with smarter, extra environment friendly virtual and challenge inventions. Headquartered in Reston, Virginia, with 47,000 world staff, Leidos reported annual revenues of roughly $16.7 billion for the fiscal moment ended January 3, 2025. For more info, seek advice from www.leidos.com.

Positive statements on this announcement represent “forward-looking statements” inside the which means of the principles and laws of the U.S. Securities and Alternate Fee (SEC). Those statements are in line with control’s flow ideals and expectancies and are topic to vital dangers and uncertainties. Those statements aren’t promises of past effects or occurrences. Various components may just motive our fresh effects, efficiency, achievements, or trade effects to be other from the effects, efficiency, or achievements expressed or implied by way of such forward-looking statements. Those components come with, however aren’t restricted to, the “Risk Factors” prepared forth in Leidos’ Annual File on Mode 10-Ok for the fiscal moment ended January 3, 2025, and alternative such filings that Leidos makes with the SEC from date to date. Readers are cautioned to not park undue reliance on such forward-looking statements, which talk handiest as of the day hereof. Leidos does no longer adopt to replace forward-looking statements to mirror the have an effect on of cases or occasions that be on one?s feet upcoming the day the forward-looking statements have been made.

Media Touch:

Victor Melara
Senior Media Family members Supervisor
703.431.4612
[email protected] 

SOURCE Leidos