OSI Systems Falls After Hearing on Naked-Image Scanner Testing
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OSI Systems Inc. fell the most in more than 15 years after a U.S. lawmaker said tests may have been falsified on software intended to stop the company’s airport body-scanning machines from recording graphic images of travelers.
OSI’s Rapiscan Systems unit, one of two suppliers of scanners used for U.S. airport security screening, “may have attempted to defraud the government by knowingly manipulating an operational test,” Representative Mike Rogers, chairman of the House Transportation Security Subcommittee, said in a Nov. 13 letter to Transportation Security Administration chief John Pistole.