LDOS

Leidos, Analogic to form security tech joint venture

Published: Apr 15, 2026   |  Read Original Article ↗

Article Summary

HOLD
  • Leidos Holdings Inc. (NYSE: LDOS) announced plans to spin off its security and industrial automation businesses and combine them with security imaging and detection company Analogic Corporation to form a new joint venture, with Leidos contributing security enterprise solutions, ports & borders, andindustrial automation businesses representing about 1,500 employees and $625 million in projected 2026 revenue.
  • The consolidation aims to accelerate innovation in security products and advance the shift to AI-native and 3D imaging solutions, with the Reston, Virginia-based company holding a 41.5% stake in the new venture upon closing.
  • The new venture will operate under the Analogic brand as a privately held company led by current chief executive officer Tom Ripp.
  • The deal is expected to close in the second half of 2026.
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Growth Stock Metric Rating
LDOS Rating
34.0
SELL

Growth Stock Scoring Breakdown

METRIC VALUE WEIGHT ANALYSIS
Sales Growth TTM ? 3.1% 25% 20.0 ptsMinimal (3.1%) - Very weak
EPS Growth Next 5Y ? 5.4% 25% 20.0 ptsWeak (5.4%) - Low expectations
Target Price Upside ? 28.2% 20% 75.0 ptsSignificant Upside (28.2%) - Target: $201.46 vs Current: $157.20
Gross Margin % ? 18.0% 15% 20.0 ptsThin (18.0%) - Low-margin business
Drawdown from 52-Wk High ? -23.6% 15% 40.0 ptsMild Pullback (-23.6%) - Light entry opportunity
Disclaimer: This rating is for informational purposes only and is not financial advice. All data sourced from Finviz. Always conduct your own research and consult with a financial advisor before making investment decisions. Past performance does not guarantee future results.

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About LDOS

Technology Information Technology Services 47,000 employees Reston, VA, United States
  • Leidos Holdings, Inc., together with its subsidiaries, provides services and solutions for government and commercial customers in the United States and internationally.
  • The National Security & Digital segment provides national security software; services by using artificial intelligence and machine learning to coordinate sea, ground, air, and space to help warfighters; offensive, defensive, and physical cyber operation solutions; intelligence analysis, operational support, logistics operations, security, linguistics, force production, biometrics, chemical, biological, radiological, nuclear, and explosives, energetics, training, and other services; and Digital Modernization and transformation services.
  • The Health & Civil segment offers air traffic control systems; health mission software; managed health services; infrastructure management and operation; logistical operations and information technology support; and life science research and development support services.
  • The Commercial & International segment provides power grid engineering and design, grid modernization, utility planning and consulting, energy management and efficiency, technology-driven innovation, and software and application development; people scanners, computed tomography carry-on baggage scanners, checked baggage scanners, and explosive trace detectors; mobile, non-intrusive ports and borders inspection systems; and open-architecture platform that transforms airport security by integrating disparate devices and technologies into a unified management system.
  • The Defense Systems segment offers air and missile defense, maritime, aerospace, and cyber and threat systems; offers airborne training, intelligence, surveillance, and reconnaissance missions; and provides space-based electro-optic infrared systems, multi/hyperspectral, electronic warfare and signals intelligence, and communications payloads.
  • Leidos Holdings, Inc. was founded in 1969 and is headquartered in Reston, Virginia.
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