Leidos to purchase Cobham Aviation Services Australia’s Special Mission business enterprise

Transaction will bring airborne surveillance and lookup and rescue missions to Leidos Australia’s portfolio

MELBOURNE, Australia, and RESTON, Va., August 2, 2022 /PRNewswire/ — Leidos (NYSE: LDOS), a FORTUNE® 500 science and know-how leader, declared it has entered into a definitive arrangement with Cobham Confined to obtain Cobham Aviation Products and services Australia’s Distinctive Mission business. The Unique Mission company delivers airborne border surveillance and lookup and rescue services to the Australian Federal Govt. The acquisition is subject matter to customary closing problems, like regulatory approvals.

“Cobham’s Special Mission workforce conducts vital functions that secure Australia’s borders, support legislation enforcement and environmental safety and preserve lives,” mentioned Leidos Chairman and CEO Roger Krone. “The integration of Specific Mission into Leidos Australia will expand the scope of our worldwide airborne ISR capabilities, diversify revenues, and open up new expansion avenues.”

“I have the best regard and admiration for Cobham’s Exclusive Mission group and their functionality in support to the Federal government,” explained Leidos Australia Main Government Paul Chase. “The addition of the Exclusive Mission small business will provide new, expansive providers to our choices across Australia. I look ahead to doing work with this remarkable crew.”

“This is a excellent match,” claimed Cobham Aviation Solutions Chairman Kim Gillis. “Leidos has remarkably complementary operations to Cobham Unique Mission in airborne ISR, as very well as deep platform integration experience, and both equally organisations uphold exceptional track records of providing mission significant expert services to government and defence consumers.”

“I would like to recognise and thank all of the Particular Mission crew for their ongoing commitment and determination to offering operational results for our clients,” Controlling Director of Specific Mission James Woodhams stated. “I am seriously psyched about what the foreseeable future retains for the group as section of Leidos.”

Cobham Exclusive Mission owns and operates 14 modified plane to provide critical expert services across Australia, which include:

• Conducting one of the world’s premier…