Over in Washington, legislators have been quick to claim a "peace dividend" from the demise of the world's least-loved terrorist. On Thursday, the House Appropriations Committee's Homeland Security Subcommittee cut $76 million from the Transportation Security Administration's budget. The Obama Administration had requested the funds to purchase 275 full-body scanners from L-3 Communications
This means bad news for OSI and L-3 -- but not right away. According to Forbes, 500 of the machines are already in service, with funds for 500 more already appropriated. So revenue streams should continue trickling along for the time being. It may be worse news for American Science & Engineering
The good news for investors is that United Technologies
Will United Technologies make the most of its reprieve? Add the stock to your Fool Watchlist and find out.
The Motley Fool owns shares of L-3 Communications Holdings, and Motley Fool newsletter services have recommended L-3 Communications Holdings and American Science & Engineering. Fool contributor Rich Smith does not own shares of any company named above. Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.