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Lockheed to separate IT services unit and merge it with Leidos

Thursday, January 28, 2016 - 05:50

Bethesda

LOCKHEED Martin has agreed to separate its Information Systems and Global Solutions division and combine it with Leidos Holdings in a US$5 billion deal, the Bethesda-based company announced on Tuesday.

The long-anticipated transaction comes as Lockheed, the nation's

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