03:36 PM EST - Garda World Security Corporation : announced through its Garda Security Group that The Canadian Air Transport Security Authority (CATSA) selected its to provide airport security screening services for the Central Region, which comprises 15 airports located throughout Ontario, including Toronto's Lester B. Pearson airport - the largest and busiest airport in Canada, handling close to 32 million passengers and 420,000 flights per year - and Canada's Capital, Ottawa's MacDonald Cartier Airport. The five-year agreement valued in excess of $650 million is effective as of November 1, 2011 with an option to extend for up to an additional five years bringing the contract to 2022 with a potential value of $1.3 billion. More than 2,000 security screening officers will be employed under this contract. Garda World Security Corporation
shares T.GW are trading up $0.41 at $9.42.
