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Leidos has announced its acquisition of Kudu Dynamics to accelerate rapid scaling of artificial intelligence-enabled cyber capabilities for defence, intelligence and homeland security customers.
Acquiring Kudu Dynamics is envisioned to improve the company’s strategy for AI-enabled offensive cyber, electromagnetic spectrum operations and vulnerability research.
The approximately $300 million all-cash acquisition closed earlier this month on 23 May.
“Kudu’s ability to generate new cyber capabilities with AI perfectly complements our strategy to rapidly grow differentiated offensive cyber technology capabilities,” Leidos chief executive officer Tom Bell said.
“This acquisition underlines Leidos’ commitment to continue to build smarter full-spectrum cyber capabilities, so that the US and its allies dominate the cyber warfighting domain.”
The Kudu Dynamics purchase marks Leidos’ first acquisition in two and a half years, according to the company.
“We’re excited to deliver the next level of capabilities to our customers as we bring together the highly innovative cyber professionals and disruptive technologies of Kudu with the scale, resources and experience of Leidos,” said Kudu Dynamics’ founder and CEO, Mike Frantzen.
“In Leidos, we’ve found a partner who shares our ethic of purposeful innovation in support of our nation’s most critical missions.”
