Analogic Corp

Analogic Corporation, headquartered in Peabody, Massachusetts, manufactures computed tomography screening systems, medical imaging equipment, and precision electronic components for federal agencies as a prime contractor (99% of recent awards) operating full-and-open across civilian and defense customers with no set-aside designations.

The company operates as a for-profit manufacturer with three named subsidiaries — B-K Medical Systems, Inc., Anrad Corporation, and Copley Controls Corp — serving 42 federal customer agencies across security and healthcare missions. Analogic's federal footprint is dominated by the Transportation Security Administration (TSA), which accounts for 40 awards and $1.48 billion in combined potential value (98% of the vendor's total federal award value), anchored by two major indefinite delivery vehicles: a Basic Ordering Agreement issued August 4, 2021, under the Checkpoint Property Screening System program (no dollar ceiling; framework for future delivery orders through August 3, 2031) and a $30 million single-award indefinite delivery contract for product improvement and upgrade services (extending through September 27, 2030). Since 2021, the TSA has issued four large delivery orders under the BOA totaling over $1.32 billion combined value for procurement and deployment of full-sized, mid-size, and base-sized computed tomography systems with ancillary equipment, warranty, and maintenance support through 2032–2034. Recent TSA work includes a $4.17 million delivery order (awarded September 30, 2024, completing September 29, 2027) for Advanced Persistent Surveillance (APS) development services, a $1.97 million definitive contract (September 28, 2023, completing September 27, 2026) for technical engineering and enhanced capability development for CT systems, a $380,000 no-cost modification (March 20, 2026, completing June 19, 2026) for engineering support to upgrade CT computers at two demonstration sites, and a $109,343.61 delivery order (September 29, 2025, completing September 28, 2026) for lead curtain installation and wedge replacement on mid-size and full-size CT systems.

Beyond TSA, Analogic holds a secondary customer base in the Department of Veterans Affairs and the Defense Health Agency for medical imaging and surgical instruments. The top five customers by award count (the Department of the Navy, TSA, Veterans Health Administration VISN 10, the Defense Health Agency, and the Navy Bureau of Medicine and Surgery) represent 45% of all awards, but the dollar concentration is extreme: TSA represents 98% of combined potential value. Analogic places task orders under the DLA-VA National Acquisition Center Radiology and Imaging Systems Program (25 task orders, $3.5 million combined value), two indefinite delivery contracts valued at $12.7 million and $7.9 million combined, and two Federal Supply Schedules. Awards cluster across NAICS codes 334517 (Surgical and Medical Instrument Manufacturing), 334517 (Electromedical and Electrotherapeutic Apparatus Manufacturing), and 334511 (Search, Detection, Navigation, Guidance systems) with corresponding PSC categories for medical instruments, imaging equipment, and security detection systems.

Activity volume has declined sharply in recent years — two awards in 2025 and two in 2026 year-to-date, down from nine in 2023 — reflecting the concentration risk inherent in the TSA customer relationship: large vehicle awards and delivery orders issued in 2021–2023 have extended completion dates into 2032–2034, leaving few near-term recompete opportunities. Five awards with ultimate completion inside the next twenty-four months carry combined potential value of $14.1 million, representing modest recompete exposure. Analogic maintains two subcontract relationships with Leidos on checkpoint ad-hoc deployment services (July 8, 2025) and related option exercises (November 6, 2023), and appears as sub-recipient on two federal research grants: a National Institutes of Health award (through Weill Medical College of Cornell University, February 12, 2026) for Prism-PET/EMMT high-resolution brain PET scanner development under PAR-22-123, and a National Science Foundation award (through SUNY Research Foundation, November 17, 2024) for a direct-indirect dual-layer flat-panel detector for breast cancer detection.

SCI-reportable federal service-contract invoicing declined from $2.6 million in FY2022 and FY2023 to $1.5 million in FY2024, delivered across an FTE workforce declining from 8.7 to 5.2 across the same period, indicating that Analogic's federal engagement in SCI-reportable services is modest relative to its product-delivery mission. Government-paid hourly rates on these service contracts ranged from $97.60/hr at the 10th percentile to $581.32/hr at the 90th percentile (median $181.30/hr), with all reported labor self-performed and no subcontractor hours captured in SCI records.