*L-1 Identity Solutions‘ [ID] shareholders have approved the purchase of the identity solutions parts of their company by France’s Safran Group, moving the deal one step closer to fruition. Shareholder approval followed notification last month from the Federal Trade Commission that the waiting period under Hard-Scott- Rodino anti-trust law has expired. L-1 says that about 99 percent of the shares voted were in favor of the merger.
Now completion of the merger remains subject to approval by the Committee on Foreign Investment in the United States (CFIUS) as well as completion of the sale of L-1’s intelligence services business to Britain’s BAE systems. L-1 said it continues to expect the BAE transaction to close in the first quarter of 2011, with the Safran merger also closing in the same period. However, L-1 and Safran say they have withdrawn their notification to CFIUS regarding their pending merger to allow more time to negotiate a mitigation agreement with the committee.
*FLIR Systems, Inc. [FLIR] says it will divest seven business units of the former ICx Technologies, which the company acquired last year. The divestiture includes the Transportation Group, which accounts for three of the business units. FLIR didn’t identify the other business units. The company is also organizing its Government Systems Division into three operating segments: Surveillance, which includes the legacy FLIR business plus ICx’ imaging and radar products; Detection, which consists of ICx’ CBRNE product lines; and Integrated Systems, which takes advantage of ICx’ integration offering like Cerberus towers and ability to integrate multiple sensors into solutions.
*The Department of Homeland Security (DHS) awarded 138 task orders worth $1.5 billion in FY ’10 under its EAGLE multiple award contract for enterprise information technology services. In FY ’09 DHS awarded 108 task orders worth $2 billion under EAGLE. So far through the first quarter of FY ’11, DHS has awarded 8 task orders worth $28 million under the contract. DHS also says it awarded 4,443 task orders worth $391.4 million for information technology products under its multiple award First Source contract in FY ’10. In FY ’09 the department awarded 4,500 task orders worth $519.6 million under First Source. Through the first quarter of FY ’11 the department has awarded 291 task orders worth $13.4 million.
*Implant Sciences Corp. [IMSC] has received an order worth over $200,000 from a customer in Europe for its Quantum Sniffer QS-H150 handheld explosives trace detector. The systems, which have already been shipped, will be used in counter-improvised explosive device operations.