---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-413208"
form_type: "8-K"
ticker: "LDOS"
cik: "0001336920"
company_name: "Leidos Holdings, Inc."
filed_at: "2026-10-05T12:21:50+00:00"
generated_at: "2026-10-12T14:45:56.244074+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Leidos completes joint venture with Altaris, contributing SES/IA business for 41.5% stake

## Summary
- Leidos contributed subsidiaries holding its Security Enterprise Solutions and Industrial Automation businesses to Nickel JV Ultimate Parent, receiving 41.5% of JV equity.
- Altaris affiliates contributed Analogic Holding equity for 58.5% of the JV and sold the remaining Analogic Holding interests to the JV for cash from new debt financing.
- The JV, operating under the Analogic brand, will focus on security screening at airports, borders, and critical infrastructure; CEO Tom Bell cited NorthStar 2030.
- Under the JV Agreement dated October 5, 2026, Altaris appoints a majority of the board, while Leidos has minority board representation and protective rights.
- Leidos gets tag-along rights and, after the seven-year anniversary, certain liquidity demand exit rights; no member must make further capital contributions.

## SEC filing metadata
- accession: 0001193125-26-413208
- form_type: 8-K
- ticker: LDOS
- cik: 0001336920
- company_name: Leidos Holdings, Inc.
- filed_at: 2026-10-05T12:21:50+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1336920/000119312526413208/0001193125-26-413208-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1336920/000119312526413208/d157380d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-413208
- JSON: https://secwatch.observer/filing/0001193125-26-413208.json
- Plain text: https://secwatch.observer/filing/0001193125-26-413208.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.