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Cargo And Baggage Handling Supplier To Be Acquired By SAIC

SAIC : 03 August, 2010  (Company News)
SAIC agrees to acquire Reveal Imaging Technologies bringing expertise in aviation security screening system development and manufacture into the company
Science Applications International Corporation has entered into a definitive agreement to acquire Reveal Imaging Technologies, a threat detection products and services company.

Reveal was founded in 2002 in direct response to the US government's post-9/11 mandate for aviation security screening. Reveal initially focused on developing technology to accurately and efficiently screen checked baggage at airports, and today continues to support the efforts of the Transportation Security Administration (TSA) as a supplier of Explosive Detection System (EDS) and automated threat detection technologies. In 2004, the TSA certified the company's Reveal CT-80 EDS to automatically inspect checked baggage for explosives. Reveal is one of only a few companies that has a product that has successfully completed TSA's certification process for automated EDS of checked baggage.

Reveal will join SAIC's Security and Transportation Technology Business Unit, part of SAIC's Infrastructure, Energy, Health and Product Solutions Group led by Joe Craver. The acquisition will enhance SAIC's homeland security solutions portfolio, adding TSA approved, EDS Baggage screening systems to the highly successful VACIS(R) passenger and cargo inspection systems used by customs, military and other security organizations worldwide to detect illicit items hidden inside vehicles and cargo containers.

'We are pleased with the opportunity to welcome Reveal to SAIC's homeland security solutions team,' said Craver. 'This acquisition will provide us with technology to help build on our existing foundation of solution-focused products.'

'The entire team at Reveal is excited to join SAIC,' said Michael Ellenbogen, president and CEO of Reveal. 'SAIC's world class technical expertise and R&D focus greatly expand our ability to provide leading edge detection solutions for our aviation and facility security customers.'

The acquisition is expected to close by the end of August, subject to customary closing conditions, including expiration or early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act. Terms of the acquisition were not disclosed.
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