Analyst Research

Report Title Price
Provider: Finlabo SIM Spa
$10.00
Provider: Reuters Investment Profile
$20.00
Provider: Acquisdata
$15.00
Provider: Thomson Reuters StreetEvents
$75.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Safran SA's MorphoTrust Wins Contract with United States Department of Defense to Maintain Biometrics Platform


Sunday, 10 Mar 2013 08:00pm EDT 

Safran SA announced that MorphoTrust USA (Safran) has won a contract to maintain the central biometrics platform of the United States Department of Defense (DoD) – a platform MorphoTrust originally provided to DoD in 2008. The maintenance contract for the Automated Biometric Identification System (ABIS) is worth USD 17.8 million — USD 3.6 million a year with four one-year options. MorphoTrust owns ABIS and licenses it to customers, including DoD, which uses ABIS as its technology platform for multi-modal biometrics. DoD purchased an enterprise-wide license for the platform in 2010. Specifically, DoD uses ABIS to quickly and accurately match fingerprints and facial and iris images, along with other biometric functions, to support the DoD’s mission of identifying and providing intelligence on persons of interest who could potentially pose a threat to national security or those engaged in warfighting missions. In addition to DoD’s core application, Next Generation ABIS, the MorphoTrust ABIS license serves as the foundation for eight other biometrics systems. The current contract calls for MorphoTrust to provide ongoing software maintenance and support for all DoD systems based on ABIS. 

Company Quote

47.43
0.435 +0.93%
21 Aug 2014