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L-1 Identity Solutions Inc. reports it has landed a contract worth a potential $195 million from the U.S. Department of State to provide production systems for passports.
Under the deal, Trans Digital Technologies Corp. (TDT), a subsidiary of L-1 Identity Solutions (NYSE: ID), will continue to provide high-security production systems to make U.S. passports for the 22 agencies under the State Department’s Bureau of Consular Systems and Technology Directorate. The deal has a one-year base with four option years.
TDT will also provide security products, technical support and maintenance for the passport systems.
Last week, Stamford, Conn.-based L-1 brought in $6.2 million for mobile biometric recognition devices from an unidentified customer. Under the contract, L-1’s biometrics division will provide its Hand-held Interagency Identity Detection Equipment (HIIDE) to an unnamed client who plans to use the devices in areas of conflict.
L-1 reported a 2008 net income of $12.3 million on revenue of $562.9 million.
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