Leidos Holdings, Inc. (LDOS), a defense, aviation, IT, and biomedical company, said on Wednesday that it has inked a deal with Altaris, an investment firm, to form a joint venture company.
The joint venture will provide advanced security detection systems and imaging technology to strengthen airports, borders, and other critical infrastructure.
This new firm will combine Leidos' security enterprise solutions business and Altaris-owned Analogic. The joint venture will bring together detection technologies, manufacturing capabilities, and engineering expertise under a single roof.
The transaction is expected to close in the second half of 2026.
The privately held company will operate under the Analogic brand, with a significant minority ownership of Leidos. The new American company will serve the global detection and imaging market.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.