Leidos and investment firm Altaris have completed their previously announced transaction to form a scaled U.S.-based joint venture (JV) for advancing security screening at airports, borders and critical infrastructure worldwide.
Operating under the Analogic brand, the new company combines complementary security screening technologies, engineering expertise and advanced manufacturing capabilities. Leidos will retain a significant minority ownership stake in the company, maintaining its interests in a critical national security market.
“This JV creates an American innovator with the technology, talent and scale to address rapidly evolving global security screening needs,” said Tom Bell, Leidos chief executive officer. “Its launch also sharpens our focus on the growth engines driving our NorthStar 2030 strategy.”
In parallel with the mission of the Analogic JV, Leidos will continue its work across the broader aviation ecosystem, including modernizing airports and air traffic systems to help move people safely and efficiently around the world.
“The strategic combination of these two businesses into one reinforces our commitment to the important national security missions and markets we serve,” Bell said.