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OSI Systems (OSIS +4.23%) moves up today after saying that its reached an agreement with the TSA...

OSI Systems (OSIS +4.23%) moves up today after saying that its reached an agreement with the TSA regarding the Rapiscan Imaging Technology systems and Automated Target Recognition software, in response to a “show cause” letter it received from the agency in November. Under the terms of the agreement, Rapiscan unit will no longer provide software development for body-scanning machines used in U.S. airports but will continue to provide the imaging systems.
Comments (1)
  • Macro Investor
    , contributor
    Comments (8477) | Send Message
     
    Rapiscan is an interesting name to choose for full body scanners.
    18 Jan 2013, 10:59 AM Reply Like
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