Leidos and Analogic Form Security Tech Venture

Defense contractor Leidos Holdings is merging its security and industrial automation businesses with Analogic Corporation to create a new joint venture. Analogic, owned by investment firm Altaris, specializes in security imaging and detection technologies. This collaboration aims to combine their respective strengths in security solutions, potentially enhancing their offerings in areas such as airport security and industrial automation. The new entity will leverage combined expertise and market presence.