Leidos Holdings completed the closing of a transaction to form a new joint venture combining its Security Enterprise Solutions and Industrial Automation businesses with Analogic Corporation, a portfolio company of Altaris. Leidos contributed these assets to the entity in exchange for a 41.5% equity stake, while Altaris affiliates hold the remaining 58.5%. The JV will operate under the Analogic brand, leveraging combined security screening technologies and manufacturing capabilities for airports, borders, and critical infrastructure. This strategic move allows Leidos to maintain exposure to national security markets while sharpening its focus on other growth engines within its NorthStar 2030 strategy. Leidos is an industry and technology leader serving government and commercial customers with digital and mission innovations.
