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…
Recommended
SpaceX’s IPO Filing Gives First Look Into Company’s Financials
SSC And SpaceWERX To Launch Orbital Logistics Challenge
Trending
Congress Updates
Navy Leaders Downplay Looking At Foreign Navy Shipbuilding Amid Lawmaker Objections
The Navy’s top leaders this week seemed to downplay and back down on the service potentially using foreign shipyards to build U.S. Navy ships or buying foreign designed warships overseas […]
Senate Defense Appropriators See ‘Risk’ With Army’s Reconciliation Plan To Fund Munitions Increase
The Senate’s top defense appropriators cited concern this week with the Army’s request to fund the majority of its large increase to munitions procurement in fiscal year 2027 through the […]
Army Relooking At Its ‘Whole Aviation Transformation’ Plan, Acting Chief Tells Lawmakers
The Army is relooking at its “whole aviation transformation initiative,” the service’s acting chief of staff told lawmakers on Tuesday, to include its approach for future procurement of “enduring” platforms. […]
Lawmakers Request DoD Briefing On Army’s Planned Cuts To Aviation Procurement
A bipartisan group of House lawmakers has sent a letter asking the Pentagon for a briefing on the potential industrial base impacts as a result of the Army’s planned cuts […]
By