:

Business/Financial

Smiths Group Plans To Shed Security & Detection Business

By Cal Biesecker

Friday, January 31st, 2025

SHARE:

Smiths Group Plans To Shed Security & Detection Business

Computed tomography carry-on baggage scanner supplied by Smiths Detection being tested at Los Angeles International Airport. The agency several years ago awarded Smiths a contract for 300 of the systems. Photo: TSA

Britain’s Smiths Group last Friday said it plans to sell or spin-out its security and detection division as part of strategic actions to unlock value for shareholders. Smiths Detection, which generated $1.1 billion in sales in 2024, supplies equipment to a global customer base to scan cargo, vehicles, and baggage for contraband and threats. The division’s technologies are used in U.S. airports, and to help protect the nation’s borders at ports of entry. The division also makes chemical sensing systems…

Congress

Senate Appropriators Concerned With DoD’s Reconciliation Plan For Top FY ‘27 Priorities, Aide Says

Senate defense appropriators have concerns with the Pentagon’s decision to include key fiscal year 2027 funding priorities, such as critical munitions and drones production, among its request for $350 billion […]

Congress

With $1.5 Trillion Request, Army, Air Force, Navy’s Unfunded Lists Focus Solely On MILCON Projects

With the Trump administration’s push to massively increase defense spending to $1.5 trillion in fiscal year 2027, the Army, Air Force and Navy have eschewed submitting large unfunded priorities lists […]

Unmanned Systems

Bipartisan House Bill Would Give National Guard To Counter-Drone Authorities

Seeking to close gaps that may arise between state and local law enforcers in different jurisdictions, a bipartisan contingent of House members this week introduced a bill that would allow […]

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]