Published on Security Management (http://www.securitymanagement.com)
EDS Companies to Profit from Larger DHS Budget
By Matthew Harwood
Created 01/04/2008 - 11:14



    
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Date: 
01/04/2008
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By Matthew Harwood
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A larger explosive detection budget for U.S. airports will be a boon to a number of well-positioned EDS companies. 


Airport security vendors will be the beneficiaries of a larger homeland security budget—especially one that increases the airport explosive detection budget by 7 percent—reports the Associated Press [1].


Of the $544 million designated for explosive-detection systems, $89 million will go to contracts to deploy next-generation systems in small-to medium-sized airports. Of the 450 U.S. airports, 250 are small-to medium-sized.


Congress has also allocated mandatory funding to provide checkpoint support to screen airline passenger and carry-on baggage. 


The companies most likely to profit from the budget increase, according to a Wall Street analyst the AP spoke with, are explosive detection system vendors Analogic, L-3 Communications, and General Electric Co., as well as checkpoint-airport security companies, including OSI Systems and American Science & Engineering Inc.


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Source URL: http://www.securitymanagement.com/news/eds-companies-profit-larger-dhs-budget

    
Links:
[1] http://www.forbes.com/feeds/ap/2008/01/03/ap4492448.html