IN BRIEF: Image Scan shares jump as signs European government contract
Image Scan Holdings PLC - Leicestershire, England-based provider of X-ray screening systems - Signs contract with a European government defence organisation, following a competitive international tender process. Under the contract, Image Scan will supply 25 units of its ThreatScan portable X-ray systems for use in explosive ordnance disposal operations. "The precise timing and allocation of revenue recognition will depend on delivery schedules and customer acceptance milestones, with a majority anticipated to be recognised in the current financial period," Image Scan says. Read More