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Securiport awarded approximately US$95 million in arbitration against Benin regarding airport security contract termination.

Nov 02, 2026

Contract Type

contract

Security

Description

The International Chamber of Commerce tribunal held Benin responsible for terminating the airport-security contract with Securiport. As a result, Securiport was awarded substantial compensation, including approximately US$95 million for unpaid invoices and lost profits.

Company Information

Company

Securiport

About

Securiport specializes in providing airport security solutions and civil aviation support. The company implements biometric systems and passenger processing technology to enhance airport security and operational efficiency. It has a global presence, serving various governments and airports.

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Securiport signed a new agreement. Fundz surfaces partnerships and contracts as they are announced.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.