Vanderlande acquired Canada's Optosecurity, a software provider for remote screening and data integration. The deal combines Vanderlande's automated passenger checkpoint solutions with intelligent software to integrate passenger screening processes at airports. Terms of the deal were not disclosed. The McLean Group served as Optosecurity's financial advisor on the transaction.OSI Systems [OSIS] has completed its $75.5 million cash acquisition of the former Morpho explosive trace detection business from Smiths Group. “This business is an excellent strategic fit consistent with our expansion…
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Congress Updates
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SASC Bill Would Raise Amphib Requirement To 33 Ships
The Senate Armed Services Committee’s (SASC) fiscal year 2027 defense policy bill adds new provisions that would raise the Navy and Marine Corps’ minimum requirement for amphibious warships and extend […]
Army Plans To Initiate ISV-Heavy Competition Later This Year, Official Says
The Army is planning to initiate its competition to build the Infantry Squad Vehicle (ISV)-Heavy in the fourth quarter of this year, a senior acquisition official has said. Jesse Tolleson, […]
Senate Authorization Bill Restricts Building Navy Warships Overseas With Limited Exception For Auxiliaries
The Senate Armed Services Committee’s (SASC) version of the FY 2027 defense policy bill looks to cut the ability for the Trump administration to buy foreign-made warships, but still allow […]
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