OSI Systems [OSIS] took a $2.7 million charge in its fiscal second quarter related to a decision by the Transportation Security Administration (TSA) to discontinue development funding for Automated Target Recognition (ATR) software for the company’s body scanners., a move that also resulted in the company de-booking $5 million from its backlog. Despite the impact to its financial results, the company somewhat downplayed the fact that it appears to be out of the TSA’s market for the body scanners, which…
Recommended
DIU Seeks Solutions For Autonomous Watercraft For Intra-Theater Logistics
Trending
Congress Updates
Warren And Sheehy Renew Call for “Right to Repair” In NDAA
Sen. Elizabeth Warren (D-Mass.) and Sen. Timothy Sheehy (R-Mont.), two members of the Senate Armed Services Committee (SASC), are renewing their call for “Right to Repair” language in the National […]
HASC Looks To Restrict USV Deliveries Without Navy CONOPS And Strategy
The House Armed Services Committee’s (HASC) fiscal year 2027 defense policy draft bill aims to restrict the Navy’s use of unmanned surface vessels (USV) until it decides on key factors […]
Gaps In Army’s Tactical Counter-Drone Capabilities Remain Concern Of HASC
A draft defense policy bill released this week says the Army is fielding counter-drone capabilities for defense of fixed sites and maneuver forces but suggests that troops at the lowest […]
HASC Wants Closer Look At Army’s SBMC Program, Cites Avoiding Past IVAS Missteps
The House Armed Services Committee (HASC) wants a closer look at the Army’s Soldier Borne Mission Command (SBMC) effort, citing support for the development program while expressing caution to avoid […]