Technology and consulting firm Leidos announced plans to spin off its security screening division to form a joint venture with Analogic, a subsidiary of Altaris. The transaction, reported by Detik Finance, aims to finalize during the second half of 2026.
The new entity will operate under the Analogic brand, with Altaris’ technology firm holding a 58.5% majority stake. Fortune 500 member Leidos will maintain a 41.5% minority interest in the private company following the contribution of 1,500 employees.
Financial projections for the Leidos business unit indicate it will generate approximately $625 million in revenue for 2026. This partnership merges the detection technologies and manufacturing expertise of both organizations to secure critical infrastructure, including international borders and airports.
According to a press release, the venture will be headquartered in the United States while maintaining global operations. The collaboration intends to accelerate the development of artificial intelligence-native products and 3D imaging to improve security outcomes.
CEO Tom Ripp stated that the joint venture expands the company’s product portfolio and international sales channels. He emphasized the ability to support customers throughout the full life cycle of security screening technologies.
“Customers will benefit from simplified engagement, deeper domain expertise, and solutions that are better aligned with their operational and regulatory requirements,” said Tom Ripp, CEO.
The integration of resources is designed to help regulatory bodies and airport operators manage rising security demands without sacrificing the speed of passenger movement.
“Together, we are better positioned to innovate and support airport, port and border security customers as they address increasing security demands while maintaining passenger throughput and operational efficiency,” said Tom Ripp, CEO.
Analogic, established in 1967, currently employs 900 people and manages research and development facilities in Salem, New Hampshire; Canton, Massachusetts; Montreal; and Shanghai. The company specializes in medical imaging and industrial automation alongside its core aviation security offerings.
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