Secure Point Technologies Inc (fka IMSCQ)

[T-R1]

This kind of tech doesn't just "go away" even if a company is going BK. TSA surely knows this and I would not be surprised they knew that L3 is looking to scoop it up.
I don't understand why you fault the gov. here... All they care about (in this case) is to have a good product and Implant did have a good product. The fact that it was transferred to L3 - TSA couldn't care less about. In fact, they are probably happy it's in good hands now. Many engineers moved to L3 by the way.
It's not gov. job to manage private companies.