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HSR, May 2, 2018

Briefing

The Coast Guard has awarded Parroco Production Group a $1.5 million contract to provide handheld multimodal biometric readers and related support services for use by Coast Guard field units. The award was a small business set aside. The service has a requirement for 250 readers to replace readers that are beyond their service life.WidePoint Corp.…

New TSA Strategy Aims for Innovative Culture to Outpace Threats

Creating a “culture of innovation” that stays ahead of threats to the nation’s transportation system and hastens quality decision-making is one of the Transportation Security Administration’s (TSA) strategic priorities outlined in its latest strategy document.The strategy, which provides a general outline of three priorities between now and 2026, lays the ground work for two follow-on…

Analogic Sale to Altaris Approved by U.S. Regulators

Analogic Corp. [ALOG] says its pending $1.1 billion acquisition by the private equity firm Altaris Capital Partners has received approval by U.S. regulators.The Federal Trade Commission provided early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act, clearing one hurdle on the way to completion of the acquisition, which is still expected in mid-2018. Analogic’s board…

Earnings News & Notes

OSI Systems [OSIS]                                2Q18                      2Q17                     Sales                      $267.3M                  $245.1MNet Inc.                   $2.6M, 0.13             $14M, 0.72Quarterly sales were a record and were up 9% on the back of strong growth in its security segment, which benefited from solid…

Tech Developments

Orlando Airport Commits to Deploy Biometric Entry and Exit for International TravelersThe Greater Orlando Aviation Authority in April approved $4 million to create an integrated passenger processing system that will use facial recognition technology to help process arriving and departing international travelers at Orlando International Airport. The action makes the airport the first in the…

Contract Awards

CBP Awards General Atomics $276 Million For Predator O&M ServicesGeneral Atomics has received a potential $275.9 million contract to provide operational and maintenance (O&M) services to Customs and Border Protection’s (CBP) fleet of nine MQ-9 Predator B drones that the agency operates in support of border and maritime security missions. General Atomics’ Aeronautical Systems business…

Business Opportunities

TSA to Host Industry Day for APSS Advanced Algorithm EnhancementsThe Transportation Security Administration Office of Requirements and Capabilities Analysis will host an Industry Day on May 8 for the Accessible Property Screening Standards (APSS) Advanced Algorithm Enhancements to include machine learning for certified checkpoint computed tomography systems. The agency says that machine learning algorithms may…