Leidos Holdings Inc / Lockheed Martin’s IS&GS business merger inquiry

The CMA investigated the anticipated acquisition by Leidos Holdings Inc of the IS&GS business of Lockheed Martin Corporation.

• From: Competition and Markets Authority
• Published: 31 May 2016
• Last updated: 5 August 2016 — See all updates

• Case type: Mergers
• Case state: Closed
• Market sector: Defence
• Outcome: Mergers - phase 1 clearance
• Opened: 31 May 2016
• Closed: 5 August 2016

Statutory timetable

Phase 1 date	Action
5 August 2016	Decision published
13 July 2016	Decision announced
31 May to 14 June 2016	Invitation to comment
31 May 2016	Launch of merger inquiry

Phase 1

CMA clearance decision

13 July 2016: The CMA has cleared the acquisition by Leidos Holdings Inc of the IS&GS business of Lockheed Martin Corporation. The full text of the decision is available below

• Full text decision (5.8.16)

Invitation to comment: Now closed

31 May 2016: The CMA is considering whether it is or may be the case that this transaction has resulted in the creation of a relevant merger situation under the merger provisions of the Enterprise Act 2001 and, if so, whether the creation of that situation has resulted, or may be expected to result, in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services.

Launch of merger inquiry

31 May 2016: The CMA announced the launch of its merger inquiry by notice to the parties.

• Commencement of initial period notice (31.5.16)

Contact

Please send written representations about any competition issue to:

Lasse Burmester
Competition and Markets Authority
Victoria House
Southampton Row
London
WC1B 4AD

[email protected]

Published 31 May 2016
Last updated 5 August 2016 + show all updates

1. 5 August 2016

   Full text of the decision published.

2. 13 July 2016

   Clearance decision announced.

3. 31 May 2016

   First published.