… RESTON, Va., Jan. 26, 2016 /PRNewswire/ -- Leidos Holdings Inc. (NYSE: LDOS) today announced it has entered into a definitive agreement with Lockheed Martin (NYSE: LMT) pursuant to which Leidos will combine with Lockheed Martin… Lockheed Martin and Leidos have completed their historic merger, undoing much of the IT acquisitions that Lockheed has built over the last two decades and making Leidos the largest IT … Leidos' planned acquisition of the bulk of Lockheed Martin's IT business will have ramifications across the market as the company becomes the biggest player in the federal space. The most obvious explanation for why Leidos Holdings Inc. (NYSE: LDOS) made a deal for Lockheed Martin Corp.’s (NYSE: LMT) Information Systems & Global Solutions business to … In August 2016 Lockheed Martin spun off their Information Systems & Global Solutions business and merged with Leidos to create the defense industry’s largest IT services provider.

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