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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Wisconsin GOP Lawmakers Urge Trump Admin Support For Marines’ JLTV Second Supplier Effort
Wisconsin’s GOP congressional delegation is urging the Trump administration to support legislative language enabling the Marine Corps to potentially bring in a second Joint Light Tactical Vehicle (JLTV) supplier. The […]
Senate’s CR Has Ship Construction Exemption, Forgoes White House’s Battleship, Munitions Requests
The Senate on Sunday released a bipartisan stopgap funding proposal to keep the government open through December 11, which would also secure additional funds to support ongoing shipbuilding efforts and […]
U.S. Fighter Fleet Will Expand By 2040 But More Stealth Aircraft Will Mean Less Availability, CBO Says
The number of fighter aircraft in the U.S. military inventory will decline over the next few years before expanding to a greater number than currently, but their availability for operational […]
White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA
The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]
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