Analogic gets $6.9 million L-3 contract

Peabody technology company Analogic Corp. said it received a contract from L-3 Communications Security and Detection Systems Inc. for $6.9 million in US Transportation Security Administration funding.

The contract is for operational hardening and final testing of the eXaminer XLB baggage screening system developed by Analogic, the company said.

After the completion of the testing and achievement of TSA certification, the system is expected to be available for shipment by L-3 in August 2009, Analogic said.

The $6.9 million in funding is part of an overall $10.5 million grant from the TSA to L-3 to prepare the XLB system for field use.

In March, Analogic awarded L-3 the rights to market and service the eXaminer SX and the eXaminer XLB security imaging systems for air carrier checked baggage applications.

Analogic shares rose $1.05 to $66.50 in morning trading on the Nasdaq Stock Market. (AP)