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Leidos Security Arm Merges With Analogic
15 Apr
Summary
- Leidos security and automation units will form a new joint venture.
- The new venture combines with security imaging firm Analogic Corporation.
- The deal is expected to finalize in the second half of 2026.
Defense contractor Leidos Holdings is set to create a new joint venture by combining its security and industrial automation divisions with Analogic Corporation. This strategic move is designed to accelerate the development of advanced security products, emphasizing AI-native and 3D imaging technologies.
The new entity will integrate Leidos's security enterprise solutions, ports & borders, and industrial automation businesses, encompassing approximately 1,500 employees and an estimated $625 million in projected 2026 revenue. Analogic Corporation, currently owned by Altaris, specializes in technologies for magnetic resonance imaging and airport security screening.
Following the transaction's closure, which is slated for the second half of 2026, Leidos will hold a 41.5% ownership in the privately held company. The joint venture will continue to operate under the Analogic brand, aiming to expand its product portfolio and sales channels to serve global customers across the entire security screening lifecycle.
