Leidos and Analogic Launch JV with $625M Revenue Base and 1,500 Employees
Leidos is contributing 1,500 employees and $625 million of projected 2026 revenue to a U.S.-based joint venture with Analogic, consolidating security detection and imaging capabilities. The Analogic-branded company, expected to close in H2 2026 pending regulatory approvals, will focus on AI-native and 3D screening solutions for airports, borders and critical infrastructure.
1. Joint Venture Formation
Leidos and Analogic have agreed to merge Leidos’ Security Enterprise Solutions business with Analogic’s imaging and detection operations into a single U.S.-based joint venture. This new entity combines advanced screening systems and engineering expertise to strengthen security at airports, borders and critical infrastructure globally.
2. Transaction Details
Leidos will contribute approximately 1,500 employees and $625 million in projected 2026 revenue to the venture, retaining a significant minority ownership stake. The deal is slated to close in the second half of 2026, subject to customary regulatory approvals and closing conditions.
3. Strategic Objectives
The joint venture aims to accelerate development of AI-native and 3D imaging screening technologies, driving R&D and manufacturing efficiencies. It supports Leidos’ NorthStar 2030 strategy by bolstering innovation, improving operational efficiency and expanding global market reach in security detection.