Leidos announced that it has acquired Kudu Dynamics, advancing Leidos’ rapid scaling of artificial intelligence (AI)-enabled cyber capabilities for defense, intelligence, and homeland security customers.
Leidos’ current AI-enabled cyber offerings arm users with the rapid capability and scale needed to automate vulnerability detection, enhance novel defenses, neutralize attacker advantages, and evade adversary defenses. Buying Kudu Dynamics will accelerate Leidos’ strategy for AI-enabled offensive cyber, electromagnetic spectrum operations, and vulnerability research.
Launched in 2013, Kudu Dynamics has rapidly grown its work across the Department of Defense, leading the industry in automated targeting, scalable hardware reverse engineering, and the generation of other non-kinetic effects.
The approximately $300 million all-cash acquisition closed May 23.
Advisors: Baird served as the exclusive financial advisor to Kudu Dynamics on this transaction.
KEY QUOTES:
“Kudu’s ability to generate new cyber capabilities with AI perfectly complements our strategy to rapidly grow differentiated offensive cyber technology capabilities. This acquisition underlines Leidos’s commitment to continue to build smarter full-spectrum cyber capabilities, so that the U.S. and its allies dominate the cyber warfighting domain.”
Leidos Chief Executive Officer Tom Bell
“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. In Leidos, we’ve found a partner who shares our ethic of purposeful innovation in support of our nation’s most critical missions.”
Kudu Dynamics’ Founder and CEO Mike Frantzen
