Order Pace Picking Up for Smiths' Hold Baggage Screening Equipment; Shares Look Attractive
Since Smiths Group closed its Morpho Detection acquisition in April, it has announced four major contracts for computed tomography hold baggage screening, evidence of an acceleration in equipment orders that we think will continue for the next couple of years. The company recently announced a second contract with Gatwick Airport in the United Kingdom, just a couple of months after the first order, bringing the airport's total order to 20 pieces scheduled to be installed in 2018.ÂWhile Smiths ha...
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