Market Chatter: Blackstone Leads $1 Billion Financing for Leidos-Analogic Deal

09:10 AM EDT, 10/12/2026 (MT Newswires) -- Blackstone (BX) is spearheading a $1 billion private debt package tied to a proposed business combination involving the security enterprise solution units of Leidos (LDOS) and Analogic, Bloomberg reported Monday, citing a statement it has seen. Blackstone Credit & Insurance will lead the lending group alongside HPS Investment Partners, Bank of America (BAC) and Wells Fargo (WFC), the report said. Leidos generated $17.2 billion in revenue in 2025, providing engineering and intelligence services to government and commercial customers, the report said. Analogic specializes in imaging, detection and automation technologies used in aviation security, healthcare and industrial applications, according to the report. Blackstone, Leidos and Analogic did not immediately respond to MT Newswires' request for comment. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)