Leidos Divests Varec, Advances NorthStar 2030
Leidos executed a key strategic move by signing a definitive agreement to divest Varec, its wholly-owned subsidiary specializing in automated fuel management. An undisclosed buyer will acquire Varec for an undisclosed sum, with the transaction expected to finalize during the fourth quarter of 2025, subject to customary closing conditions. This divestiture directly supports Leidos’ ongoing…
