ALOG provides scan tech for both INVN and LLL
Analogic ALOG owns a sub called ISS Security-which supplies scanning technology for both of the two companies FAA approved to scan baggage,InVision and L3---meaning no matter who gets the fed deals for airport scanners alog will benefit.
ALOG hasn't released on their scanner work/deals so its still pretty much an unknown-will that change soon? trading 37s
A few links pointing out alog's deals
analogic.com
Bernard Gordon, founder of Analogic, a Peabody firm that supplies components for both the L3 and Invision machines, said, ''at the beginning of any project, there is a learning experience when you install very complicated machinery. There were lessons learned with Invision machines. L3 went through a similar period.''
Asked about the paired-funding requirement, Gordon said that because advanced bomb-detection equipment is Invision's main product, and because relatively few machines were being purchased, company officials there were trying to persuade Congress and the FAA to buy all the machines from them.
stop1432.com
'This market could easily move to the billion-dollar range, based on the tens of millions of bags to be inspected daily in the US alone,' said Bernard Gordon, president of Analogic Corp, which supplies components to InVision.
it.asia1.com.sg
Federal Aviation Administration has issued a contract for a more economical line of devices, Gordon guessed about 200 would be produced in the next 15 months. Analogic has contracts to supply complete systems or sub-systems for L-3 and PerkinElmer, as well as CT components for a third company, InVision Technologies.
northshoreonline.com |
