{"success":true,"data":{"pressRelease":{"id":"160482","rtpr_id":"nPn9fQDT7a-20261005","ticker":"LDOS","exchange":"NYSE","all_tickers":["LDOS"],"title":"Leidos Security Enterprise Solutions and Analogic close deal to strengthen global security screening capabilities","author":"PR Newswire","published_at":"2026-10-05T12:10:25.217Z","article_body":"Leidos Security Enterprise Solutions and Analogic close deal to strengthen global security screening capabilities\nPR Newswire\n\nRESTON, Va., Oct. 2, 2026\n\nRESTON, Va., Oct. 2, 2026 /PRNewswire/ -- Leidos\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4788645-1&h=83320839&u=https%3A%2F%2Fwww.leidos.com%2F&a=Leidos)\n (NYSE: LDOS) and investment firm Altaris have completed their previously\nannounced transaction\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4788645-1&h=3046374076&u=https%3A%2F%2Finvestors.leidos.com%2Fnews-releases%2Fnews-release-details%2Fleidos-security-enterprise-solutions-and-analogic-partner-form&a=previously+announced+transaction)\n to form a scaled U.S.-based joint venture (JV) for advancing security\nscreening at airports, borders and critical infrastructure worldwide.\n\nOperating under the Analogic brand, the new company combines complementary\nsecurity screening technologies, engineering expertise and advanced\nmanufacturing capabilities. Leidos will retain a significant minority\nownership stake in the company, maintaining its interests in a critical\nnational security market.\n\n\"This JV creates an American innovator with the technology, talent and scale\nto address rapidly evolving global security screening needs,\" said Leidos\nChief Executive Officer Tom Bell. \"Its launch also sharpens our focus on the\ngrowth engines driving our NorthStar 2030 strategy.\"\n\nIn parallel with the mission of the Analogic JV, Leidos will continue its work\nacross the broader aviation ecosystem, including modernizing airports and air\ntraffic systems to help move people safely and efficiently around the world.\n\n\"The strategic combination of these two businesses into one reinforces our\ncommitment to the important national security missions and markets we serve,\"\nBell said.\n\nAbout Leidos\n\nLeidos is an industry and technology leader serving government and commercial\ncustomers with smarter, more efficient digital and mission innovations.\nHeadquartered in Reston, Virginia, with approximately 50,000 global employees,\nLeidos reported annual revenues of approximately $17.2 billion for the fiscal\nyear ended January 2, 2026. For more information, visit www.leidos.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4788645-1&h=1580009499&u=https%3A%2F%2Fwww.leidos.com%2F&a=www.leidos.com)\n.\n\nAbout Analogic\n\nAnalogic, headquartered in Salem, New Hampshire, is a global provider of\nadvanced imaging, detection, automation, and power technology solutions. The\ncompany designs, develops, manufactures, and supports a comprehensive\nportfolio of solutions for aviation security, ports and borders, critical\ninfrastructure, healthcare, and industrial markets worldwide. Backed by\ndecades of innovation and a global installed base, Analogic combines advanced\nimaging, artificial intelligence, precision power, automation, and lifecycle\nsupport capabilities to help customers meet evolving operational and\nregulatory requirements. For more information, visit www.analogic.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4788645-1&h=3526955453&u=http%3A%2F%2Fwww.analogic.com&a=www.analogic.com)\n.\n\nAbout Altaris\n\nAltaris is an investment firm with an exclusive focus on acquiring and\nbuilding companies in the healthcare industry. Since its inception in 2003,\nAltaris has invested in more than 50 companies across a range of healthcare\nsubsectors, with a consistent goal of delivering value to the healthcare\nsystem and generating attractive financial returns for investors. Altaris is\nheadquartered in New York City and manages $9+ billion of equity capital. For\nmore information, visit www.altariscap.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4788645-1&h=2824534769&u=http%3A%2F%2Fwww.altariscap.com&a=www.altariscap.com)\n.\n\nCertain statements in this release contain or are based on \"forward-looking\"\ninformation within the meaning of the Private Securities Litigation Reform Act\nof 1995. These statements reflect our belief and assumptions as to future\nevents that may not prove to be accurate. Actual performance and results may\ndiffer materially from those results anticipated by our guidance and other\nforward-looking statements made in this release depending on a variety of\nfactors, including, but not limited to: ; the future operational and financial\nperformance of the new joint venture company; the ability of the new joint\nventure company to successfully integrate the SES business and Analogic at all\nor otherwise in accordance with any anticipated timeline; the ability of the\nnew joint venture company to service its indebtedness;  developments in the\nU.S. government defense and non-defense budgets, including budget reductions,\nsequestration, implementation of spending limits or changes in budgetary\npriorities, future delays in the U.S. government budget process, or the U.S.\ngovernment's failure to raise the debt ceiling, which increases the\npossibility of a default by the U.S. government on its debt obligations,\nrelated credit-rating downgrades, or an economic recession; uncertainties in\ntax due to new tax legislation or other regulatory developments; deterioration\nof economic conditions or weakening in credit or capital markets; uncertainty\nin the consequences of current and future geopolitical events; inflationary\npressures and fluctuations in interest rates; delays in the U.S. government\ncontract procurement process or the award of contracts and delays or loss of\ncontracts as a result of competitor protests; changes in U.S. government\nprocurement rules, regulations and practices; our compliance with various U.S.\ngovernment and other government procurement rules and regulations;\ngovernmental reviews, audits and investigations of our company; our ability to\neffectively compete and win contracts with the U.S. government and other\ncustomers; our ability to respond rapidly to emerging technology trends,\nincluding the use of artificial intelligence; our reliance on information\ntechnology spending by hospitals/healthcare organizations; our reliance on\ninfrastructure investments by industrial and natural resources organizations;\nenergy efficiency and alternative energy sourcing investments; investments by\nU.S. government and commercial organizations in environmental impact and\nremediation projects; the effects of an epidemic, pandemic or similar outbreak\nmay have on our business, financial position, results of operations and/or\ncash flows; our ability to attract, train and retain skilled employees,\nincluding our management team, and to obtain security clearances for our\nemployees; our ability to accurately estimate costs, including cost increases\ndue to inflation, associated with our firm-fixed-price contracts and other\ncontracts; resolution of legal and other disputes with our customers and\nothers or legal or regulatory compliance issues; cybersecurity, data security\nor other security threats, system failures or other disruptions of our\nbusiness; our compliance with international, federal, state and local laws and\nregulations regarding privacy, data security, protection, storage, retention,\ntransfer, disposal and other processing, technology protection and personal\ninformation; the damage and disruption to our business resulting from natural\ndisasters and the effects of climate change; our ability to effectively\nacquire businesses and make investments; our ability to maintain relationships\nwith prime contractors, subcontractors and joint venture partners; our ability\nto manage performance and other risks related to customer contracts; the\nfailure of our inspection or detection systems to detect threats; the adequacy\nof our insurance programs, customer indemnifications or other liability\nprotections designed to protect us from significant product or other liability\nclaims, including cybersecurity attacks; our ability to manage risks\nassociated with our international business; our ability to comply with the\nU.S. Foreign Corrupt Practices Act, the U.K. Bribery Act of 2010 and similar\nworldwide anti-corruption and anti-bribery laws and regulations; our ability\nto protect our intellectual property and other proprietary rights by third\nparties of infringement, misappropriation or other violations by us of their\nintellectual property rights; our ability to prevail in litigation brought by\nthird parties of infringement, misappropriation or other violations by us of\ntheir intellectual property rights; our ability to declare or increase future\ndividends based on our earnings, financial condition, capital requirements and\nother factors, including compliance with applicable law and our agreements;\nour ability to grow our commercial health and infrastructure businesses, which\ncould be negatively affected by budgetary constraints faced by hospitals and\nby developers of energy and infrastructure projects; our ability to\nsuccessfully integrate acquired businesses; and our ability to execute our\nbusiness plan and long-term management initiatives effectively and to overcome\nthese and other known and unknown risks described in our Securities and\nExchange Commission filings.\n\nMedia Contact:\n\nVictor Melara\nSenior Media Relations Manager\n703.431.4612\nvictor.a.melara@leidos.com (mailto:victor.a.melara@leidos.com)\n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/leidos-security-enterprise-solutions-and-analogic-close-deal-to-strengthen-global-security-screening-capabilities-302898368.html\n(https://www.prnewswire.com/news-releases/leidos-security-enterprise-solutions-and-analogic-close-deal-to-strengthen-global-security-screening-capabilities-302898368.html)\n\nSOURCE Leidos\n\n\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS232356/LEIDOS-new-LOGO.jpg?id=OA2984830\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nPn9fQDT7a-20261005","title":"Leidos Security Enterprise Solutions and Analogic close deal to strengthen global security screening capabilities","author":"PR Newswire","ticker":"LDOS","created":"2026-10-05T12:10:25.217Z","tickers":["LDOS"],"exchange":"NYSE","article_body":"Leidos Security Enterprise Solutions and Analogic close deal to strengthen global security screening capabilities\nPR Newswire\n\nRESTON, Va., Oct. 2, 2026\n\nRESTON, Va., Oct. 2, 2026 /PRNewswire/ -- Leidos\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4788645-1&h=83320839&u=https%3A%2F%2Fwww.leidos.com%2F&a=Leidos)\n (NYSE: LDOS) and investment firm Altaris have completed their previously\nannounced transaction\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4788645-1&h=3046374076&u=https%3A%2F%2Finvestors.leidos.com%2Fnews-releases%2Fnews-release-details%2Fleidos-security-enterprise-solutions-and-analogic-partner-form&a=previously+announced+transaction)\n to form a scaled U.S.-based joint venture (JV) for advancing security\nscreening at airports, borders and critical infrastructure worldwide.\n\nOperating under the Analogic brand, the new company combines complementary\nsecurity screening technologies, engineering expertise and advanced\nmanufacturing capabilities. Leidos will retain a significant minority\nownership stake in the company, maintaining its interests in a critical\nnational security market.\n\n\"This JV creates an American innovator with the technology, talent and scale\nto address rapidly evolving global security screening needs,\" said Leidos\nChief Executive Officer Tom Bell. \"Its launch also sharpens our focus on the\ngrowth engines driving our NorthStar 2030 strategy.\"\n\nIn parallel with the mission of the Analogic JV, Leidos will continue its work\nacross the broader aviation ecosystem, including modernizing airports and air\ntraffic systems to help move people safely and efficiently around the world.\n\n\"The strategic combination of these two businesses into one reinforces our\ncommitment to the important national security missions and markets we serve,\"\nBell said.\n\nAbout Leidos\n\nLeidos is an industry and technology leader serving government and commercial\ncustomers with smarter, more efficient digital and mission innovations.\nHeadquartered in Reston, Virginia, with approximately 50,000 global employees,\nLeidos reported annual revenues of approximately $17.2 billion for the fiscal\nyear ended January 2, 2026. For more information, visit www.leidos.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4788645-1&h=1580009499&u=https%3A%2F%2Fwww.leidos.com%2F&a=www.leidos.com)\n.\n\nAbout Analogic\n\nAnalogic, headquartered in Salem, New Hampshire, is a global provider of\nadvanced imaging, detection, automation, and power technology solutions. The\ncompany designs, develops, manufactures, and supports a comprehensive\nportfolio of solutions for aviation security, ports and borders, critical\ninfrastructure, healthcare, and industrial markets worldwide. Backed by\ndecades of innovation and a global installed base, Analogic combines advanced\nimaging, artificial intelligence, precision power, automation, and lifecycle\nsupport capabilities to help customers meet evolving operational and\nregulatory requirements. For more information, visit www.analogic.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4788645-1&h=3526955453&u=http%3A%2F%2Fwww.analogic.com&a=www.analogic.com)\n.\n\nAbout Altaris\n\nAltaris is an investment firm with an exclusive focus on acquiring and\nbuilding companies in the healthcare industry. Since its inception in 2003,\nAltaris has invested in more than 50 companies across a range of healthcare\nsubsectors, with a consistent goal of delivering value to the healthcare\nsystem and generating attractive financial returns for investors. Altaris is\nheadquartered in New York City and manages $9+ billion of equity capital. For\nmore information, visit www.altariscap.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4788645-1&h=2824534769&u=http%3A%2F%2Fwww.altariscap.com&a=www.altariscap.com)\n.\n\nCertain statements in this release contain or are based on \"forward-looking\"\ninformation within the meaning of the Private Securities Litigation Reform Act\nof 1995. These statements reflect our belief and assumptions as to future\nevents that may not prove to be accurate. Actual performance and results may\ndiffer materially from those results anticipated by our guidance and other\nforward-looking statements made in this release depending on a variety of\nfactors, including, but not limited to: ; the future operational and financial\nperformance of the new joint venture company; the ability of the new joint\nventure company to successfully integrate the SES business and Analogic at all\nor otherwise in accordance with any anticipated timeline; the ability of the\nnew joint venture company to service its indebtedness;  developments in the\nU.S. government defense and non-defense budgets, including budget reductions,\nsequestration, implementation of spending limits or changes in budgetary\npriorities, future delays in the U.S. government budget process, or the U.S.\ngovernment's failure to raise the debt ceiling, which increases the\npossibility of a default by the U.S. government on its debt obligations,\nrelated credit-rating downgrades, or an economic recession; uncertainties in\ntax due to new tax legislation or other regulatory developments; deterioration\nof economic conditions or weakening in credit or capital markets; uncertainty\nin the consequences of current and future geopolitical events; inflationary\npressures and fluctuations in interest rates; delays in the U.S. government\ncontract procurement process or the award of contracts and delays or loss of\ncontracts as a result of competitor protests; changes in U.S. government\nprocurement rules, regulations and practices; our compliance with various U.S.\ngovernment and other government procurement rules and regulations;\ngovernmental reviews, audits and investigations of our company; our ability to\neffectively compete and win contracts with the U.S. government and other\ncustomers; our ability to respond rapidly to emerging technology trends,\nincluding the use of artificial intelligence; our reliance on information\ntechnology spending by hospitals/healthcare organizations; our reliance on\ninfrastructure investments by industrial and natural resources organizations;\nenergy efficiency and alternative energy sourcing investments; investments by\nU.S. government and commercial organizations in environmental impact and\nremediation projects; the effects of an epidemic, pandemic or similar outbreak\nmay have on our business, financial position, results of operations and/or\ncash flows; our ability to attract, train and retain skilled employees,\nincluding our management team, and to obtain security clearances for our\nemployees; our ability to accurately estimate costs, including cost increases\ndue to inflation, associated with our firm-fixed-price contracts and other\ncontracts; resolution of legal and other disputes with our customers and\nothers or legal or regulatory compliance issues; cybersecurity, data security\nor other security threats, system failures or other disruptions of our\nbusiness; our compliance with international, federal, state and local laws and\nregulations regarding privacy, data security, protection, storage, retention,\ntransfer, disposal and other processing, technology protection and personal\ninformation; the damage and disruption to our business resulting from natural\ndisasters and the effects of climate change; our ability to effectively\nacquire businesses and make investments; our ability to maintain relationships\nwith prime contractors, subcontractors and joint venture partners; our ability\nto manage performance and other risks related to customer contracts; the\nfailure of our inspection or detection systems to detect threats; the adequacy\nof our insurance programs, customer indemnifications or other liability\nprotections designed to protect us from significant product or other liability\nclaims, including cybersecurity attacks; our ability to manage risks\nassociated with our international business; our ability to comply with the\nU.S. Foreign Corrupt Practices Act, the U.K. Bribery Act of 2010 and similar\nworldwide anti-corruption and anti-bribery laws and regulations; our ability\nto protect our intellectual property and other proprietary rights by third\nparties of infringement, misappropriation or other violations by us of their\nintellectual property rights; our ability to prevail in litigation brought by\nthird parties of infringement, misappropriation or other violations by us of\ntheir intellectual property rights; our ability to declare or increase future\ndividends based on our earnings, financial condition, capital requirements and\nother factors, including compliance with applicable law and our agreements;\nour ability to grow our commercial health and infrastructure businesses, which\ncould be negatively affected by budgetary constraints faced by hospitals and\nby developers of energy and infrastructure projects; our ability to\nsuccessfully integrate acquired businesses; and our ability to execute our\nbusiness plan and long-term management initiatives effectively and to overcome\nthese and other known and unknown risks described in our Securities and\nExchange Commission filings.\n\nMedia Contact:\n\nVictor Melara\nSenior Media Relations Manager\n703.431.4612\nvictor.a.melara@leidos.com (mailto:victor.a.melara@leidos.com)\n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/leidos-security-enterprise-solutions-and-analogic-close-deal-to-strengthen-global-security-screening-capabilities-302898368.html\n(https://www.prnewswire.com/news-releases/leidos-security-enterprise-solutions-and-analogic-close-deal-to-strengthen-global-security-screening-capabilities-302898368.html)\n\nSOURCE Leidos\n\n\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS232356/LEIDOS-new-LOGO.jpg?id=OA2984830\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved."},"type":"article","timestamp":"2026-10-05T12:10:25.260081806Z","server_sent_at_ms":1791202225260},"received_at":"2026-10-05T12:10:25.311Z","source_url":"https://www.prnewswire.com/news-releases/leidos-security-enterprise-solutions-and-analogic-close-deal-to-strengthen-global-security-screening-capabilities-302898368.html"},"analysis":{"id":"149047","press_release_id":"160482","analysis_json":{"industry":{"label":"Aerospace & Defense","sector":"Industrials"},"redFlags":["JV forward-looking statements flag integration risk and the new company's ability to service its indebtedness"],"eventType":"m_and_a","narrative":"Leidos and investment firm Altaris completed their previously announced transaction forming a U.S.-based joint venture combining Leidos' Security Enterprise Solutions business with Analogic, operating under the Analogic brand.\n\nLeidos retains a significant minority ownership stake, maintaining exposure to the airport, border, and critical-infrastructure security screening market.\n\nCEO Tom Bell said the JV sharpens focus on the growth engines of Leidos' NorthStar 2030 strategy, while the company continues broader aviation modernization work.","sentiment":"neutral","agentHooks":{"shouldPost":true,"suggestedAngle":"Leidos closes security-screening JV with Altaris/Analogic, retaining a minority stake as it streamlines around its NorthStar 2030 growth strategy."},"keyFigures":{"customDimensions":{"leidos_employees":"approximately 50,000","altaris_equity_capital":"$9+ billion","leidos_annual_revenue_fy2026":"$17.2 billion"}},"quotedText":"This JV creates an American innovator with the technology, talent and scale to address rapidly evolving global security screening needs","namedEntities":{"people":[{"name":"Tom Bell","role":"Leidos CEO"},{"name":"Victor Melara","role":"Leidos Senior Media Relations Manager"}],"products":["Security Enterprise Solutions (SES) business","Analogic brand"],"companies":[{"name":"Leidos","ticker":"LDOS","relationship":"filer / minority JV owner"},{"name":"Analogic","relationship":"joint venture / newly formed company"},{"name":"Altaris","relationship":"investment firm / JV partner"}],"dollarAmounts":[{"amount":"$17.2 billion","context":"Leidos annual revenues for fiscal year ended January 2, 2026"},{"amount":"$9+ billion","context":"equity capital managed by Altaris"}]},"materialImpact":{"score":3,"reasoning":"Closing of a previously announced JV transaction divesting Leidos' Security Enterprise Solutions business (now under the Analogic brand, Altaris-backed) with Leidos retaining a significant minority stake. Material portfolio reshaping for a large-cap, but already announced and non-binary at close."},"tickerRelevance":{"others":[],"primary":"LDOS"},"globalImportance":35,"audienceRelevance":30,"eventTypeSecondary":["operations_update"],"importanceComponents":{"novelty":"low — deal already announced; this is the completion","tickerTier":"large-cap S&P 500 defense/IT contractor","eventGravity":"closing of previously announced divestiture JV","householdBrandBoost":"moderate"}},"event_type":"m_and_a","event_type_secondary":["operations_update"],"sentiment":"neutral","material_impact_score":3,"narrative":"Leidos and investment firm Altaris completed their previously announced transaction forming a U.S.-based joint venture combining Leidos' Security Enterprise Solutions business with Analogic, operating under the Analogic brand.\n\nLeidos retains a significant minority ownership stake, maintaining exposure to the airport, border, and critical-infrastructure security screening market.\n\nCEO Tom Bell said the JV sharpens focus on the growth engines of Leidos' NorthStar 2030 strategy, while the company continues broader aviation modernization work.","key_figures":{"customDimensions":{"leidos_employees":"approximately 50,000","altaris_equity_capital":"$9+ billion","leidos_annual_revenue_fy2026":"$17.2 billion"}},"named_entities":{"people":[{"name":"Tom Bell","role":"Leidos CEO"},{"name":"Victor Melara","role":"Leidos Senior Media Relations Manager"}],"products":["Security Enterprise Solutions (SES) business","Analogic brand"],"companies":[{"name":"Leidos","ticker":"LDOS","relationship":"filer / minority JV owner"},{"name":"Analogic","relationship":"joint venture / newly formed company"},{"name":"Altaris","relationship":"investment firm / JV partner"}],"dollarAmounts":[{"amount":"$17.2 billion","context":"Leidos annual revenues for fiscal year ended January 2, 2026"},{"amount":"$9+ billion","context":"equity capital managed by Altaris"}]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-10-05T12:10:31.190Z","global_importance":35,"audience_relevance":30,"importance_components":{"novelty":"low — deal already announced; this is the completion","tickerTier":"large-cap S&P 500 defense/IT contractor","eventGravity":"closing of previously announced divestiture JV","householdBrandBoost":"moderate"}},"durationMs":null,"modelName":"glm-5.3-flashx"}}