Osis Systems (OSIS) up $2.90 to $70.55 today after it reached an agreement with the TSA regarding its Rapiscan Automated Target Recognition software. It’s been creeping up since the drop to around $50*, see my Nov. 18, 2012 post, after it was disclosed that the TSA was investigating whether it had falsified test results of the Rapiscan software used in its backscatter full body (airport) scanners. But I see no revelation one way or another as to whether the company was guilty of manipulating the testing of its system. In fact, Bloomberg reports today that:
“The decision to cancel the Rapiscan software contract and remove its scanners wasn’t related to an agency probe of whether the company faked testing data on the software fix.”
Presumably, the case has disappeared, or so it seems.
TSA to remove nudie scanners from airports because they couldn’t make them less nekkid (POSTED ON JANUARY 18, 2013 BY MARY KATHARINE HAM)
A minor victory for those of us who think security theater shouldn’t look like a Pussycat Theater. If you’re ineffectively protecting us, we should at least have the Continue reading