Leidos and Altaris Form Joint Venture Combining Security and Imaging Units
Leidos and investment firm Altaris have agreed to form a U.S.-based joint venture combining Leidos’ Security Enterprise Solutions (SES) business with Altaris-owned Analogic, announced in a press release. The new company will focus on enhancing security screening capabilities for airports, borders, and critical infrastructure worldwide.
The venture will consolidate detection technologies, manufacturing, and engineering expertise to accelerate the transition to AI-native and 3D imaging solutions. It is intended to improve innovation and efficiency in research, development, and operations of next-generation screening systems.
Leidos will contribute about 1,500 employees and $625 million in projected 2026 revenue to the new enterprise, which will operate under the Analogic brand. Leidos will retain a significant minority ownership stake. The transaction is expected to close in the second half of 2026, pending regulatory approvals.
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