:

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…

Congress

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 […]

Congress

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 […]

Congress

House Narrowly Votes To Pass $1.15 Trillion FY ‘27 NDAA, Blueprint For Reconciliation 3.0

The House on Wednesday narrowly voted to pass its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA) and a blueprint for a third reconciliation bill […]

Congress

Senate Appropriators Press On Supplemental’s Requests Beyond Iran Scope, Hegseth Urges Full Funding

Senate appropriators have pressed Pentagon leadership on the decision to include funds in the Iran war supplemental request for items beyond the current military operation, while Defense Secretary Pete Hegseth […]