The Analysis Corporation was a private intelligence firm in Arlington, Virginia, created — along with its companion entity Arrais Corporation — as an LLC pass-through for retired Senior Intelligence Service (SIS) personnel from the Central Intelligence Agency’s analytical side. “The analysis company was where all the SIS senior intelligence service level analysts would go, the retired analysts.” John Brennan was appointed its CEO in 2005.[1][2]
Origin and post-9/11 commercialization
The two firms were originally configured as informal social-and-tax pass-throughs: “They were legitimately set up just as LLC pass-throughs, right? So people could go and smoke cigars and drink coffee and tell stories with their friends and hang out all day.” After September 11, both firms became substantially commercial. Arrais Corporation — the parallel pass-through for retired operations officers — was subsequently acquired by IBM for over $1 billion, making senior CIA retirees “not just rich but … like, you know, megamillions lotto kind of rich.”[2][3]