:

Business/Financial

OSI Systems Acquires Nuclear Security Company Nucsafe

By Cal Biesecker

Wednesday, September 30th, 2020

SHARE:

OSI Systems Acquires Nuclear Security Company Nucsafe

Nucsafe's products include radiation portal monitors. Photo: OSI Systems

OSI Systems [OSIS] on Tuesday evening said it has acquired the radiation detection company Nucsafe in a deal that expands its products and customer footprint in the nuclear security market. Terms of the transaction, which was conducted by OSI’s subsidiary American Science & Engineering, were not disclosed. Nucsafe’s management and development team will remain with the company. OSI highlighted Nucsafe’s patent portfolio, including “Spatial Sequenced Backscatter Portal,” which is related to the inspection of vehicles and other objects. Nucsafe, which…

Advanced / Transformational Technology

Pentagon May Make ‘Tradeoffs’ For Low-Cost Autonomous Tech Without Reconciliation Funds, CTO Says

The Pentagon’s chief technology officer has said the department may need to make “tradeoffs” on certain capability priorities if Congress doesn’t pass a reconciliation with $350 billion in requested defense […]

Congress

SASC’s FY ‘27 NDAA Sticks With Army’s Plan For Legacy Aviation Procurement Cuts

The Senate Armed Services Committee’s (SASC) version of the next defense policy sticks to the Army’s proposed plan to cut procurement of its legacy aviation fleet, and does not authorize […]

Congress

SASC Approves $1.14 Trillion FY ‘27 NDAA With ‘Right to Repair’ Reform, Stock Buyback Restriction

The Senate Armed Services Committee (SASC) has approved its $1.14 trillion version of the next defense policy bill, adopting “right to repair” reform to provide the military services’ greater ability […]

Congress

House Appropriators Unveil $1.07 Trillion FY ‘27 Defense Bill, Restore Funds For E-7, Army Aviation

House appropriators on Wednesday released their $1.07 trillion fiscal year 2027 defense spending bill, with the legislation reversing Army aviation cuts, restoring funding for the Air Force’s E-7 Wedgetail program […]