- Leidos retains a significant minority stake in the new Analogic business
- Joint venture combines security screening technologies and engineering capabilities
- New company will serve airports, borders and critical infrastructure markets
Leidos and investment firm Altaris have completed the formation of a security screening joint venture operating under the Analogic brand.
With the completion of the transaction announced in April, the companies established a U.S.-based business serving airports, borders and critical infrastructure markets around the globe, Leidos said Friday.
The new Analogic venture comes as DHS continues to focus on technology for securing airports, borders and critical infrastructure. DHS Deputy Secretary Troy Edgar will keynote the Potomac Officers Club’s 2026 Homeland Security Summit on Nov. 10, offering a broader look at the department’s homeland security priorities. Register today.
Leidos CEO and three-time Wash100 Award winner Tom Bell said the joint venture forms a U.S. innovator equipped with the technology, talent and scale to meet fast-changing security screening demands worldwide. He added that the launch allows Leidos to concentrate more closely on the growth drivers behind its NorthStar 2030 strategy.
What Will the Analogic Joint Venture Offer?
Security screening detection and imaging will be among the joint venture’s focus areas, with its capabilities spanning engineering, manufacturing and related detection technologies. The company will also work with 3D imaging and artificial intelligence-native systems.
The joint venture will combine the businesses’ screening capabilities and address needs tied to research and development, manufacturing and operations as it develops screening technologies for global markets. The venture includes about 1,500 employees that Leidos transferred from its Security Enterprise Solutions business, which represented approximately $625 million in projected 2026 revenue when the transaction was announced.
What Will Leidos Retain After the Transaction?
Leidos will maintain a significant minority stake in the new business while pursuing aviation work beyond the joint venture’s scope. That work covers airport and air traffic systems modernization, which the company said supports safe and efficient global travel.
Leidos will also continue its broader airport screening work. In September, the company won a potential $672.5 million Transportation Security Administration contract to deploy checkpoint screening equipment at airports, TSA laboratories and other government sites. In June, Customs and Border Protection awarded Leidos a potential $270 million contract to provide up to 100 medium energy mobile systems, or MEMS, for non-intrusive inspection operations.
