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    SMIN   GB00B1WY2338

SMITHS GROUP PLC

(SMIN)
  Report
Delayed London Stock Exchange  -  11:35:08 2023-02-06 am EST
1770.00 GBX   -1.53%
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Smiths Detection Inc. : Partners with Duke University in Deep Learning Research for Airport Screening

03/24/2017 | 02:00am EST

Partnership leverages SDI’s leadership in security technologies

Smiths Detection Inc. (SDI) announced that it is partnering with the Duke University Edmund T. Pratt Jr. School of Engineering, Department of Electrical and Computer Engineering, in a “deep learning” digital solution project to advance airport checkpoint x-ray system screening capabilities.

The U.S. Transportation Security Administration (TSA) has entered into a contract with Duke University for this deep learning initiative to refine and apply state-of-the-art machine learning techniques in the security space. In this case, Duke and SDI will partner to apply the deep learning methodology to enhance the capabilities of checkpoint x-ray systems.

Dan Gelston, President of SDI, said, “We must continue to invest in digital solutions to remain at the forefront of technology. This partnership, combined with our focus on innovation and experience in threat detection, leads the security industry in the development of state-of-the-art methods to help make the world a safer place.”

The principal investigators for this effort will be Professor Lawrence Carin at Duke University and Dr. Kristofer Roe of Smiths Detection Inc. Professor Carin has more than 27 years of experience and is also Vice Provost of Research for Duke. Dr. Roe, currently Director, R&D – Imaging for SDI, is responsible for imaging technology research and development in the areas of screening and aviation security. Dr. Roe was also the principal investigator of the NextGen Checked Baggage Program (Manhattan II) program with TSA.

Smiths Detection, part of Smiths Group, is a global leader in threat detection and screening technologies for military, air transportation, homeland security and emergency response markets. Our experience and history across more than 40 years at the frontline, enables us to provide unrivalled levels of expertise to detect and identify constantly changing chemical, radiological, nuclear and explosive threats, as well as weapons, dangerous goods, contraband and narcotics.

Our goal is simple – to provide security, peace of mind and freedom of movement upon which the world depends. For more information visit www.smithsdetection.com


ę Business Wire 2017
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Financials
Sales 2023 2 815 M 3 384 M 3 384 M
Net income 2023 262 M 315 M 315 M
Net Debt 2023 246 M 295 M 295 M
P/E ratio 2023 22,6x
Yield 2023 2,34%
Capitalization 6 237 M 7 497 M 7 497 M
EV / Sales 2023 2,30x
EV / Sales 2024 2,17x
Nbr of Employees 14 764
Free-Float 99,7%
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Mean consensus OUTPERFORM
Number of Analysts 11
Last Close Price 1 770,00 GBX
Average target price 1 698,64 GBX
Spread / Average Target -4,03%
EPS Revisions
Managers and Directors
Paul A. Keel Chief Executive Officer & Director
Clare Scherrer Chief Financial Officer & Director
George William Buckley Chairman
William C. Seeger Senior Independent Non-Executive Director
Mark Donald Seligman Independent Non-Executive Director
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