Analogic receives $17.5m
August 15, 2007 10:56 AM
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Analogic Corp., which makes high-precision health and security imaging equipment, said today that it received an order for explosives detection equipment worth $17.5 million.
The order from the U.S. Transportation Security Administration is for Analogic's Explosive Assessment Computed Tomography system, which was codeveloped with L-3 Communications for screening baggage at airports.
Analogic said it expects to ship the first systems for the order in early 2008.
Shares of Analogic Corp. fell 19 cents today to $66.15 in morning trading. (AP)







