Tuesday, August 23, 2005

NYC signs $212 million security deal

A Reuters newswire article, via CNN/Money, reports that:

New York's subway and bus operator said Tuesday it awarded a $212 million contract for surveillance cameras, motion detectors and other equipment to detect potential attacks against its stations, bridges and tunnels.

Defense contractor Lockheed Martin will lead a team of companies in a deal struck with North America's largest transportation network just a month after bombers attacked the London transit system on July 7, killing 52 people.

The $212 million will be the first major piece of a $591 million security plan approved in 2002. Before the Lockheed deal, only $42 million had been earmarked.

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