Raytheon ( RTN)Receives $1.1 Billion Order to Advance Taiwan's Patriot Capability
Download image TEWKSBURY, Mass., Dec. 23, 2009 - Raytheon Company ( RTN) has received Foreign Military Sales contract awards totaling $1.1 billion to fund new production of the combat-proven Patriot Air and Missile Defense System for Taiwan. The awards include ground-system hardware through an initial contract valued at $965.6 million and an initial spares contract valued at $134.4 million.
"The Patriot system is a vital element to providing superior integrated air and missile defense capabilities for the protection of Taiwan," said Daniel L. Smith, president of Raytheon Integrated Defense Systems (IDS). "Raytheon has provided advanced technology, innovation and support in Taiwan for more than 40 years, and we are honored to continue that partnership today and in the future."
The U.S. Army Aviation and Missile Command, Redstone Arsenal, Ala., issued the contract for new-production Patriot fire units that will include new advances in technology, improved man-machine interface and reduced life-cycle costs.
Raytheon is the prime contractor for both domestic and international Patriot Air and Missile Defense Systems and system integrator for Patriot Advanced Capability-3 missiles. Work under these contracts will be performed at the Raytheon IDS Integrated Air Defense Center, Andover, Mass.; El Paso, Texas; and Huntsville, Ala. The company is supported by a global team of suppliers to the Patriot System.
Raytheon Company, with 2008 sales of $23.2 billion, is a technology and innovation leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 87 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as a broad range of mission support services. With headquarters in Waltham, Mass., Raytheon employs 73,000 people worldwide.
SOURCE Raytheon Company
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Sunday, December 27, 2009
Nigerian National Charged With Attempting to Destroy Northwest Airlines Aircraft
Nigerian National Charged With Attempting to Destroy Northwest Airlines Aircraft
WASHINGTON, Dec. 26 2009 -- A 23-year-old Nigerian man was charged in a federal criminal complaint today with attempting to destroy a Northwest Airlines aircraft on its final approach to Detroit Metropolitan Airport on Christmas Day, and with placing a destructive device on the aircraft.
According to an affidavit filed in support of the criminal complaint, Umar Farouk Abdulmutallab, 23, a Nigerian national, boarded Northwest Flight 253 in Amsterdam, Netherlands on December 24, 2009 and had a device attached to his body. As the flight was approaching Detroit Metropolitan Airport, Abdulmutallab set off the device, which resulted in a fire and what appears to have been an explosion. Abdulmutallab was then subdued and restrained by the passengers and flight crew. The airplane landed shortly thereafter, and he was taken into custody by Customs and Border Patrol officers.
A preliminary FBI analysis found that the device contained PETN, also known as pentaerythritol, a high explosive. Further analysis is ongoing. In addition, FBI agents recovered what appear to be the remnants of the syringe from the vicinity of Abdulmutallab's seat, believed to have been part of the device.
"This alleged attack on a U.S. airplane on Christmas Day shows that we must remain vigilant in the fight against terrorism at all times," Attorney General Eric Holder said. "Had this alleged plot to destroy an airplane been successful, scores of innocent people would have been killed or injured. We will continue to investigate this matter vigorously, and we will use all measures available to our government to ensure that anyone responsible for this attempted attack is brought to justice."
Abdulmutallab required medical treatment, and was transported to the University of Michigan Medical Center after the plane landed. He will make his initial court appearance later today.
Interviews of all of the passengers and crew of Flight 253 revealed that prior to the incident, Abdulmutallab went to the bathroom for approximately twenty minutes, according to the affidavit. Upon returning to his seat, Abdulmutallab stated that his stomach was upset, and he pulled a blanket over himself. Passengers then heard popping noises similar to firecrackers, smelled an odor, and some observed Abdulmutallab's pants leg and the wall of the airplane on fire. Passengers and crew then subdued Abdulmutallab and used blankets and fire extinguishers to put out the flames. Passengers reported that Abdulmutallab was calm and lucid throughout. One flight attendant asked him what he had had in his pocket, and he replied "explosive device."
These prosecutions are being handled by the U.S. Attorney's Office for the Eastern District of Michigan, with assistance from the Counterterrorism Section of the Justice Department's National Security Division.
The investigation is being conducted by the Federal Bureau of Investigation, US Customs and Border Protection, and the Joint Terrorism Task Force.
The public is reminded that criminal complaints contain mere allegations and a defendant is presumed innocent until proven guilty.
WWW.JUSTICE.GOV
SOURCE U.S. Department of Justice
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WASHINGTON, Dec. 26 2009 -- A 23-year-old Nigerian man was charged in a federal criminal complaint today with attempting to destroy a Northwest Airlines aircraft on its final approach to Detroit Metropolitan Airport on Christmas Day, and with placing a destructive device on the aircraft.
According to an affidavit filed in support of the criminal complaint, Umar Farouk Abdulmutallab, 23, a Nigerian national, boarded Northwest Flight 253 in Amsterdam, Netherlands on December 24, 2009 and had a device attached to his body. As the flight was approaching Detroit Metropolitan Airport, Abdulmutallab set off the device, which resulted in a fire and what appears to have been an explosion. Abdulmutallab was then subdued and restrained by the passengers and flight crew. The airplane landed shortly thereafter, and he was taken into custody by Customs and Border Patrol officers.
A preliminary FBI analysis found that the device contained PETN, also known as pentaerythritol, a high explosive. Further analysis is ongoing. In addition, FBI agents recovered what appear to be the remnants of the syringe from the vicinity of Abdulmutallab's seat, believed to have been part of the device.
"This alleged attack on a U.S. airplane on Christmas Day shows that we must remain vigilant in the fight against terrorism at all times," Attorney General Eric Holder said. "Had this alleged plot to destroy an airplane been successful, scores of innocent people would have been killed or injured. We will continue to investigate this matter vigorously, and we will use all measures available to our government to ensure that anyone responsible for this attempted attack is brought to justice."
Abdulmutallab required medical treatment, and was transported to the University of Michigan Medical Center after the plane landed. He will make his initial court appearance later today.
Interviews of all of the passengers and crew of Flight 253 revealed that prior to the incident, Abdulmutallab went to the bathroom for approximately twenty minutes, according to the affidavit. Upon returning to his seat, Abdulmutallab stated that his stomach was upset, and he pulled a blanket over himself. Passengers then heard popping noises similar to firecrackers, smelled an odor, and some observed Abdulmutallab's pants leg and the wall of the airplane on fire. Passengers and crew then subdued Abdulmutallab and used blankets and fire extinguishers to put out the flames. Passengers reported that Abdulmutallab was calm and lucid throughout. One flight attendant asked him what he had had in his pocket, and he replied "explosive device."
These prosecutions are being handled by the U.S. Attorney's Office for the Eastern District of Michigan, with assistance from the Counterterrorism Section of the Justice Department's National Security Division.
The investigation is being conducted by the Federal Bureau of Investigation, US Customs and Border Protection, and the Joint Terrorism Task Force.
The public is reminded that criminal complaints contain mere allegations and a defendant is presumed innocent until proven guilty.
WWW.JUSTICE.GOV
SOURCE U.S. Department of Justice
____________________________________________________________
Research defense and Homeland Security stocks with the largest global defense stocks directory online for investors at Investorideas.com and www.Homelanddefensestocks.com
The directory includes stocks on NYSE, NASDAQ, OTCBB, TSX and global exchanges. The directory is available in PDF format or is included as part of the Investor Ideas Membership premium content with 9 other stock directories.
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Public Safety Minister Van Loan and Transport Minister Baird Comment Following Incident on Northwest Flight 253
Public Safety Minister Van Loan and Transport Minister Baird Comment Following Incident on Northwest Flight 253
OTTAWA, ONTARIO - Dec. 26, 2009 - The Honourable Peter Van Loan, Minister of Public Safety, and the Honourable John Baird, Canada's Transport Minister, made the following statement following an aviation threat incident on Northwest Flight 253 from Amsterdam to Detroit.
"Yesterday, I spoke with US Homeland Security Deputy Secretary Jane Lute regarding Friday's aviation threat incident. Security threats to the United States are security threats to Canada. The Canadian government remains fully engaged with the Obama Administration on efforts to combat terrorist threats," said Minister Van Loan. "Our law enforcement and security agencies are committed to working with their US counterparts to secure our borders and protect the safety of our citizens."
Minister Baird has instructed officials with Transport Canada and the Canadian Air Transport Security Authority (CATSA) to assume a heightened state of vigilance in light of this incident. Passengers travelling by air could experience delays due to increased safety measures and should plan accordingly.
"The safety and security of all Canadians is of the utmost importance to our government," said Minister Baird. "That's why we've taken immediate action and are currently working with our American counterparts to implement all necessary safety and security measures as appropriate to protect Canadian travellers."
While full details of the incident have yet to emerge, both Ministers reiterated the Canadian Government's support for using no-fly lists to increase aviation security and protect the public.
"It is clear that Canada is not immune from incidents of terrorism. Canada has disrupted terrorist plots, and has successively tried and convicted terrorists. We will continue to take the appropriate action to protect the safety and security of Canadians."
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OTTAWA, ONTARIO - Dec. 26, 2009 - The Honourable Peter Van Loan, Minister of Public Safety, and the Honourable John Baird, Canada's Transport Minister, made the following statement following an aviation threat incident on Northwest Flight 253 from Amsterdam to Detroit.
"Yesterday, I spoke with US Homeland Security Deputy Secretary Jane Lute regarding Friday's aviation threat incident. Security threats to the United States are security threats to Canada. The Canadian government remains fully engaged with the Obama Administration on efforts to combat terrorist threats," said Minister Van Loan. "Our law enforcement and security agencies are committed to working with their US counterparts to secure our borders and protect the safety of our citizens."
Minister Baird has instructed officials with Transport Canada and the Canadian Air Transport Security Authority (CATSA) to assume a heightened state of vigilance in light of this incident. Passengers travelling by air could experience delays due to increased safety measures and should plan accordingly.
"The safety and security of all Canadians is of the utmost importance to our government," said Minister Baird. "That's why we've taken immediate action and are currently working with our American counterparts to implement all necessary safety and security measures as appropriate to protect Canadian travellers."
While full details of the incident have yet to emerge, both Ministers reiterated the Canadian Government's support for using no-fly lists to increase aviation security and protect the public.
"It is clear that Canada is not immune from incidents of terrorism. Canada has disrupted terrorist plots, and has successively tried and convicted terrorists. We will continue to take the appropriate action to protect the safety and security of Canadians."
__________________________________________________________
Research defense and Homeland Security stocks with the largest global defense stocks directory online for investors at Investorideas.com and http://www.homelanddefensestocks.com/
The directory includes stocks on NYSE, NASDAQ, OTCBB, TSX and global exchanges. The directory is available in PDF format or is included as part of the Investor Ideas Membership premium content with 9 other stock directories.
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Statement by Department of Homeland Security Secretary Janet Napolitano
Statement by Department of Homeland Security Secretary Janet Napolitano
Release Date: December 26, 2009
For Immediate ReleaseOffice of the Press SecretaryContact: 202-282-8010
http://www.dhs.gov/
"I am grateful to the passengers and crew aboard Northwest Flight 253 who reacted quickly and heroically to an incident that could have had tragic results. The Department of Homeland Security immediately put additional screening measures into place—for all domestic and international flights—to ensure the continued safety of the traveling public. We are also working closely with federal, state and local law enforcement on additional security measures, as well as our international partners on enhanced security at airports and on flights.
The American people should continue their planned holiday travel and, as always, be observant and aware of their surroundings and report any suspicious behavior or activity to law enforcement officials.
Passengers flying from international locations to U.S. destinations may notice additional security measures in place. These measures are designed to be unpredictable, so passengers should not expect to see the same thing everywhere. Due to the busy holiday travel season, both domestic and international travelers should allot extra time for check-in."
__________________________________________________________________
Research defense and Homeland Security stocks with the largest global defense stocks directory online for investors at Investorideas.com and www.Homelanddefensestocks.com
The defense stocks directory includes stocks on NYSE, NASDAQ, OTCBB, TSX and global exchanges. The directory is available in PDF format or is included as part of the Investor Ideas Membership premium content with 9 other stock directories.
Directory- http://www.investorideas.com/Companies/HomelandDefense/Stock_List.asp
Release Date: December 26, 2009
For Immediate ReleaseOffice of the Press SecretaryContact: 202-282-8010
http://www.dhs.gov/
"I am grateful to the passengers and crew aboard Northwest Flight 253 who reacted quickly and heroically to an incident that could have had tragic results. The Department of Homeland Security immediately put additional screening measures into place—for all domestic and international flights—to ensure the continued safety of the traveling public. We are also working closely with federal, state and local law enforcement on additional security measures, as well as our international partners on enhanced security at airports and on flights.
The American people should continue their planned holiday travel and, as always, be observant and aware of their surroundings and report any suspicious behavior or activity to law enforcement officials.
Passengers flying from international locations to U.S. destinations may notice additional security measures in place. These measures are designed to be unpredictable, so passengers should not expect to see the same thing everywhere. Due to the busy holiday travel season, both domestic and international travelers should allot extra time for check-in."
__________________________________________________________________
Research defense and Homeland Security stocks with the largest global defense stocks directory online for investors at Investorideas.com and www.Homelanddefensestocks.com
The defense stocks directory includes stocks on NYSE, NASDAQ, OTCBB, TSX and global exchanges. The directory is available in PDF format or is included as part of the Investor Ideas Membership premium content with 9 other stock directories.
Directory- http://www.investorideas.com/Companies/HomelandDefense/Stock_List.asp
Investor Tools for Investing in Defense Stocks and Homeland Security Stocks in 2010
Investor Tools for Investing in Defense Stocks and Homeland Security Stocks in 2010
POINT ROBERTS, Wash., DELTA, B.C. –December 27 , 2009 – http://www.homelanddefensestocks.com/, a leading global investor and industry portal for the defense and security sector, within www.Investorideas.com, updates investors with the defense stocks directory to research global defense stocks, Homeland Security Stocks, Aerospace and Defense Stocks, Biodefense Stocks, Security Stocks, Energy Security Stocks and Infrastructure Stocks for 2010.
The directory includes stocks on NYSE, NASDAQ, OTCBB, TSX and global exchanges.
Homeland Security and Defense Stocks Directory:
Partial Directory
2-Track Global Inc. (OTCBB: TOTG) is a technology development and marketing company which owns, operates and licences proprietary telematics solutions combining hardware and software applications run over wireless or satellite networks to deliver remote security management of marine and cargo fleets (including consumer solutions aimed at the leisure, marine and domestic security markets) and commercial vehicle plant and machinery management and security. The company has communications architecture technology, which provides global logistics solutions for the remote monitoring of freight containers over multiple transport mores.
4C Controls (OTCBB: FOUR) is an early stage company offering high technology integrated security solutions providing real-time early warning and reduction of time scales from threat-detection to termination in the field. The Company's primary focus is on cutting-edge technologies and large distribution networks including high resolution synthetic aperture radar satellites (SAR) and satellite images; ground high performance radars for intrusion detection and electronic surveillance / access control markets such as biometric, radio frequency identification (RFID), real time locating systems (RTLS) and closed-circuit television (CCTV).
AAR Corp. (NYSE:AIR) AAR is a leading provider of products and value-added services to the worldwide aerospace and defense industry. With facilities and sales locations around the world, AAR uses its close-to-the-customer business model to serve aviation and defense customers through four operating segments: Aviation Supply Chain; Maintenance, Repair and Overhaul; Structures and Systems; and Aircraft Sales and Leasing.
Abatix Corp. (OTCPK: ABIX) ABATIX CORP. is a full line supplier to the construction, industrial and environmental industries. The Company currently has eight distribution centers in Dallas and Houston, Texas, in San Francisco and Los Angeles, California, in Phoenix, Arizona, in Seattle, Washington, in Las Vegas, Nevada and in Jacksonville, Florida. These distribution centers serve customers throughout the Southeast, Southwest, Midwest, Pacific Coast, Alaska and Hawaii. Abatix is a distibutor of construction and safety products.
Abaxis Inc. (NasdaqGS:ABAX) Abaxis develops, manufactures and markets portable blood analysis systems for use in any veterinary or human patient-care setting to provide clinicians with rapid blood constituent measurements. The system consists of a compact, 5.1 kilogram (11.2 pounds), portable analyzer and a series of single-use plastic discs, called reagent discs that contain all the chemicals required to perform a panel of up to 13 tests on veterinary patients and 14 tests on human patients. The system can be operated with minimal training and performs multiple routine tests on whole blood, serum or plasma samples. The system provides test results in less than 12 minutes with the precision and accuracy equivalent to a clinical laboratory analyzer.
ABM Industries Inc. (NYSE:ABM) ABM Industries Incorporated, which operates through its subsidiaries (collectively "ABM"), is among the leading providers of facility services in the United States. With fiscal 2008 revenues in excess of $3.6 billion and more than 100,000 employees, ABM provides janitorial, facility, engineering, parking and security services for thousands of commercial, industrial, institutional and retail facilities across the United States, Puerto Rico and British Columbia, Canada. ABM's business services include ABM Janitorial Services; ABM Facility Services; ABM Engineering Services; Ampco System Parking; and ABM Security Services.
Acambis (AIM: ACM.L; ACAMY.PK) Acambis is a leading vaccine company developing novel vaccines that address significant unmet medical needs or substantially improve standards of care. Acambis is recognized internationally as the leading producer of smallpox vaccines for emergency-use stockpiles held by the US Government and several other governments around the world. Acambis developed its ACAM2000™ smallpox vaccine under contracts with the US Government.
Accenture Ltd (NYSE: ACN) Accenture is a global management consulting, technology services and outsourcing company. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the world's most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments. With more than 186,000 people serving clients in over 120 countries, the company generated net revenues of US $23.39 billion for the fiscal year ended Aug. 31, 2008.
ACI Worldwide (NasdaqGS: ACIW) ACI Worldwide is a leading provider of electronic payments software and services to major banks, retailers and processors around the world. The company's solutions enable online payment processing, online banking, fraud prevention and detection, and back office services such as settlement, account management, card management and dispute processing. ACI solutions provide market-leading levels of reliability, manageability and scale to over 800 customers in 88 countries.
Acorn Energy, Inc. (NasdaqGM: ACFN) Acorn Energy is holding company focused on improving the efficiency and environmental impact of the energy infrastructure, fossil fuel and nuclear industries. It also offers RT Solutions that focus on naval solutions to the commercial, defense, and homeland security markets, as well as other real-time and embedded hardware and software development in Israel. The naval solutions include Diver Detection Sonar(DDS) system that guards ports and shore installations from underwater threats; Mobile Acoustic Range system to measure radiated noise of submarines and surface vessels; Generic Sonar Simulator for training ASW, submarine, and mine detection sonar operators; Harbor Surveillance System that incorporates DDS sensors with above-water surveillance sensors to create above and below water security system; and Underwater Acoustic Signal Analysis system to process, analyze, and classify acoustic signals radiated by various sources and received by naval sonar systems.
Full Defense stocks directory
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About InvestorIdeas.com:
InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, the Middle East and Australia.
Investorideas.com Membership – Defense Stocks directory:
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InvestorIdeas.com Disclaimer: www.InvestorIdeas.com/About/Disclaimer.asp
Our sites do not make recommendations, but offer information portals to investors to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of any information presented. All information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is compensated by featured companies, news submissions and online advertising.
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@HomelandDefenseStocks.com
Source: HomelandDefenseStocks.com, Investor Ideas
POINT ROBERTS, Wash., DELTA, B.C. –December 27 , 2009 – http://www.homelanddefensestocks.com/, a leading global investor and industry portal for the defense and security sector, within www.Investorideas.com, updates investors with the defense stocks directory to research global defense stocks, Homeland Security Stocks, Aerospace and Defense Stocks, Biodefense Stocks, Security Stocks, Energy Security Stocks and Infrastructure Stocks for 2010.
The directory includes stocks on NYSE, NASDAQ, OTCBB, TSX and global exchanges.
Homeland Security and Defense Stocks Directory:
Partial Directory
2-Track Global Inc. (OTCBB: TOTG) is a technology development and marketing company which owns, operates and licences proprietary telematics solutions combining hardware and software applications run over wireless or satellite networks to deliver remote security management of marine and cargo fleets (including consumer solutions aimed at the leisure, marine and domestic security markets) and commercial vehicle plant and machinery management and security. The company has communications architecture technology, which provides global logistics solutions for the remote monitoring of freight containers over multiple transport mores.
4C Controls (OTCBB: FOUR) is an early stage company offering high technology integrated security solutions providing real-time early warning and reduction of time scales from threat-detection to termination in the field. The Company's primary focus is on cutting-edge technologies and large distribution networks including high resolution synthetic aperture radar satellites (SAR) and satellite images; ground high performance radars for intrusion detection and electronic surveillance / access control markets such as biometric, radio frequency identification (RFID), real time locating systems (RTLS) and closed-circuit television (CCTV).
AAR Corp. (NYSE:AIR) AAR is a leading provider of products and value-added services to the worldwide aerospace and defense industry. With facilities and sales locations around the world, AAR uses its close-to-the-customer business model to serve aviation and defense customers through four operating segments: Aviation Supply Chain; Maintenance, Repair and Overhaul; Structures and Systems; and Aircraft Sales and Leasing.
Abatix Corp. (OTCPK: ABIX) ABATIX CORP. is a full line supplier to the construction, industrial and environmental industries. The Company currently has eight distribution centers in Dallas and Houston, Texas, in San Francisco and Los Angeles, California, in Phoenix, Arizona, in Seattle, Washington, in Las Vegas, Nevada and in Jacksonville, Florida. These distribution centers serve customers throughout the Southeast, Southwest, Midwest, Pacific Coast, Alaska and Hawaii. Abatix is a distibutor of construction and safety products.
Abaxis Inc. (NasdaqGS:ABAX) Abaxis develops, manufactures and markets portable blood analysis systems for use in any veterinary or human patient-care setting to provide clinicians with rapid blood constituent measurements. The system consists of a compact, 5.1 kilogram (11.2 pounds), portable analyzer and a series of single-use plastic discs, called reagent discs that contain all the chemicals required to perform a panel of up to 13 tests on veterinary patients and 14 tests on human patients. The system can be operated with minimal training and performs multiple routine tests on whole blood, serum or plasma samples. The system provides test results in less than 12 minutes with the precision and accuracy equivalent to a clinical laboratory analyzer.
ABM Industries Inc. (NYSE:ABM) ABM Industries Incorporated, which operates through its subsidiaries (collectively "ABM"), is among the leading providers of facility services in the United States. With fiscal 2008 revenues in excess of $3.6 billion and more than 100,000 employees, ABM provides janitorial, facility, engineering, parking and security services for thousands of commercial, industrial, institutional and retail facilities across the United States, Puerto Rico and British Columbia, Canada. ABM's business services include ABM Janitorial Services; ABM Facility Services; ABM Engineering Services; Ampco System Parking; and ABM Security Services.
Acambis (AIM: ACM.L; ACAMY.PK) Acambis is a leading vaccine company developing novel vaccines that address significant unmet medical needs or substantially improve standards of care. Acambis is recognized internationally as the leading producer of smallpox vaccines for emergency-use stockpiles held by the US Government and several other governments around the world. Acambis developed its ACAM2000™ smallpox vaccine under contracts with the US Government.
Accenture Ltd (NYSE: ACN) Accenture is a global management consulting, technology services and outsourcing company. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the world's most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments. With more than 186,000 people serving clients in over 120 countries, the company generated net revenues of US $23.39 billion for the fiscal year ended Aug. 31, 2008.
ACI Worldwide (NasdaqGS: ACIW) ACI Worldwide is a leading provider of electronic payments software and services to major banks, retailers and processors around the world. The company's solutions enable online payment processing, online banking, fraud prevention and detection, and back office services such as settlement, account management, card management and dispute processing. ACI solutions provide market-leading levels of reliability, manageability and scale to over 800 customers in 88 countries.
Acorn Energy, Inc. (NasdaqGM: ACFN) Acorn Energy is holding company focused on improving the efficiency and environmental impact of the energy infrastructure, fossil fuel and nuclear industries. It also offers RT Solutions that focus on naval solutions to the commercial, defense, and homeland security markets, as well as other real-time and embedded hardware and software development in Israel. The naval solutions include Diver Detection Sonar(DDS) system that guards ports and shore installations from underwater threats; Mobile Acoustic Range system to measure radiated noise of submarines and surface vessels; Generic Sonar Simulator for training ASW, submarine, and mine detection sonar operators; Harbor Surveillance System that incorporates DDS sensors with above-water surveillance sensors to create above and below water security system; and Underwater Acoustic Signal Analysis system to process, analyze, and classify acoustic signals radiated by various sources and received by naval sonar systems.
Full Defense stocks directory
About Homelanddefensestocks.com- HomelandDefenseStocks.com Portal is a global meeting place for investors and industry following defense and security, within Investorideas.com. Global visitors use the site daily to research the latest news, articles, audio, research reports and stock directories.
About InvestorIdeas.com:
InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, the Middle East and Australia.
Investorideas.com Membership – Defense Stocks directory:
With markets and investor sentiment changing daily- it is more important than ever to stay on top of key trends! Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and Investor Ideas Members only Restricted Content including the complete renewable energy stocks directory, water stocks, biotech and defense stocks directory, as well as the Insiders Corner by Michael Brush.
Become an InvestorIdeas.com -Learn more
InvestorIdeas.com Disclaimer: www.InvestorIdeas.com/About/Disclaimer.asp
Our sites do not make recommendations, but offer information portals to investors to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of any information presented. All information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is compensated by featured companies, news submissions and online advertising.
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@HomelandDefenseStocks.com
Source: HomelandDefenseStocks.com, Investor Ideas
Tuesday, October 20, 2009
Defense News - U.S. Customs and Border Protection Places $19.3 Million Follow-on Order for AS&E’s Z Backscatter Vans ZBVs to Support Counter-drug and
Defense News - U.S. Customs and Border Protection Places $19.3 Million Follow-on Order for AS&E’s Z Backscatter Vans ZBVs to Support Counter-drug and Anti-terrorism Programs
BILLERICA, Mass.--October 20 --American Science and Engineering, Inc. (AS&E®) (NASDAQ: ASEI), a leading worldwide supplier of innovative X-ray detection solutions, announced today the receipt of a $19.3 million order from U.S. Customs and Border Protection (CBP) for multiple Z Backscatter™ Vans (ZBV™) — the industry’s top-selling mobile X-ray screening system.
“Our industry leading Z Backscatter Van has proven its ability to quickly and safely find contraband in vehicles crossing our borders,” said Anthony Fabiano, AS&E’s President and CEO. “We have worked very closely with U.S. government officials to meet their requirements, and we are very proud to continue to assist them in their mission to combat the threats on our borders.”
AS&E’s Z Backscatter Van (ZBV)
A breakthrough in X-ray detection technology, AS&E’s Z Backscatter Van is the number one selling non-intrusive mobile inspection system on the market. ZBV is a low-cost, highly mobile screening system built into a commercially available delivery van. The ZBV allows for immediate deployment in response to security threats and its high throughput capability facilitates rapid inspection. The system’s unique “drive-by” capability allows operators to conduct X-ray imaging while the ZBV drives past suspect vehicles and objects. For personnel safety in dangerous environments, a remote console is available for operating the system in stationary mode from a distance of up to 500 meters.
About AS&E®
American Science and Engineering, Inc. (AS&E) is the leading worldwide supplier of innovative X-ray inspection systems. With over 50 years of experience in developing advanced X-ray security systems, the Company’s product line utilizes a combination of technologies, including patented Z Backscatter technology, Radioactive Threat Detection (RTD), high energy transmission and dual energy transmission X-ray. These technologies offer superior X-ray threat detection for plastic explosives, plastic weapons, liquid explosives, dirty bombs and nuclear devices. AS&E’s complete range of products include cargo inspection systems for port and border security, baggage screening systems for facility and aviation security, and personnel and passenger screening systems. AS&E systems protect high-threat facilities and help combat terrorism and trade fraud, drug smuggling, weapon smuggling, and illegal immigration and people smuggling. AS&E customers include leading government agencies, border authorities, military bases, airports and corporations worldwide, including the U.S. Department of Homeland Security (DHS), U.S. Department of Defense (DoD), U.S. Customs and Border Protection (CBP), North Atlantic Treaty Organization (NATO), HM Revenue & Customs (U.K.), Hong Kong Customs, and Abu Dhabi Customs. For more information on AS&E products and technologies, please visit http://www.as-e.com/.
Safe Harbor Statement. The foregoing press release contains statements concerning AS&E’s financial performance, markets and business operations that may be considered “forward-looking” under applicable securities laws. AS&E wishes to caution readers of this press release that actual results might differ materially from those projected in any forward-looking statements. Factors which might cause actual results to differ materially from those projected in the forward-looking statements contained herein include the following: significant reductions or delays in procurements of the Company’s systems by the United States and other governments; disruption in the supply of any source component incorporated into AS&E’s products; litigation seeking to restrict the use of intellectual property used by the Company; potential product liability claims against the Company; global political trends and events which affect public perception of the threat presented by drugs, explosives and other contraband; global economic developments and the ability of governments and private organizations to fund purchases of the Company’s products to address such threats; and the potential insufficiency of Company resources, including human resources, capital, plant and equipment and management systems, to accommodate any future growth, and future delays in federal funding. These and certain other factors which might cause actual results to differ materially from those projected are detailed from time to time in AS&E’s periodic reports and registration statements filed with the Securities and Exchange Commission, which important factors are incorporated herein by reference. AS&E undertakes no obligation to update forward looking statements to reflect changed assumptions, the occurrence of unanticipated events, or changes in future operating results, financial condition or business over time.
Contacts Red Javelin Communications, Inc.Dana Harris, 978-440-8392dana@redjavelin.comorAmerican Science and Engineering, Inc.Laura Berman, 978-262-8700lberman@as-e.com
Research defense and Homeland Security stocks with the largest global defense stocks directory online for investors at Investorideas.com and www.Homelanddefensestocks.com
BILLERICA, Mass.--October 20 --American Science and Engineering, Inc. (AS&E®) (NASDAQ: ASEI), a leading worldwide supplier of innovative X-ray detection solutions, announced today the receipt of a $19.3 million order from U.S. Customs and Border Protection (CBP) for multiple Z Backscatter™ Vans (ZBV™) — the industry’s top-selling mobile X-ray screening system.
“Our industry leading Z Backscatter Van has proven its ability to quickly and safely find contraband in vehicles crossing our borders,” said Anthony Fabiano, AS&E’s President and CEO. “We have worked very closely with U.S. government officials to meet their requirements, and we are very proud to continue to assist them in their mission to combat the threats on our borders.”
AS&E’s Z Backscatter Van (ZBV)
A breakthrough in X-ray detection technology, AS&E’s Z Backscatter Van is the number one selling non-intrusive mobile inspection system on the market. ZBV is a low-cost, highly mobile screening system built into a commercially available delivery van. The ZBV allows for immediate deployment in response to security threats and its high throughput capability facilitates rapid inspection. The system’s unique “drive-by” capability allows operators to conduct X-ray imaging while the ZBV drives past suspect vehicles and objects. For personnel safety in dangerous environments, a remote console is available for operating the system in stationary mode from a distance of up to 500 meters.
About AS&E®
American Science and Engineering, Inc. (AS&E) is the leading worldwide supplier of innovative X-ray inspection systems. With over 50 years of experience in developing advanced X-ray security systems, the Company’s product line utilizes a combination of technologies, including patented Z Backscatter technology, Radioactive Threat Detection (RTD), high energy transmission and dual energy transmission X-ray. These technologies offer superior X-ray threat detection for plastic explosives, plastic weapons, liquid explosives, dirty bombs and nuclear devices. AS&E’s complete range of products include cargo inspection systems for port and border security, baggage screening systems for facility and aviation security, and personnel and passenger screening systems. AS&E systems protect high-threat facilities and help combat terrorism and trade fraud, drug smuggling, weapon smuggling, and illegal immigration and people smuggling. AS&E customers include leading government agencies, border authorities, military bases, airports and corporations worldwide, including the U.S. Department of Homeland Security (DHS), U.S. Department of Defense (DoD), U.S. Customs and Border Protection (CBP), North Atlantic Treaty Organization (NATO), HM Revenue & Customs (U.K.), Hong Kong Customs, and Abu Dhabi Customs. For more information on AS&E products and technologies, please visit http://www.as-e.com/.
Safe Harbor Statement. The foregoing press release contains statements concerning AS&E’s financial performance, markets and business operations that may be considered “forward-looking” under applicable securities laws. AS&E wishes to caution readers of this press release that actual results might differ materially from those projected in any forward-looking statements. Factors which might cause actual results to differ materially from those projected in the forward-looking statements contained herein include the following: significant reductions or delays in procurements of the Company’s systems by the United States and other governments; disruption in the supply of any source component incorporated into AS&E’s products; litigation seeking to restrict the use of intellectual property used by the Company; potential product liability claims against the Company; global political trends and events which affect public perception of the threat presented by drugs, explosives and other contraband; global economic developments and the ability of governments and private organizations to fund purchases of the Company’s products to address such threats; and the potential insufficiency of Company resources, including human resources, capital, plant and equipment and management systems, to accommodate any future growth, and future delays in federal funding. These and certain other factors which might cause actual results to differ materially from those projected are detailed from time to time in AS&E’s periodic reports and registration statements filed with the Securities and Exchange Commission, which important factors are incorporated herein by reference. AS&E undertakes no obligation to update forward looking statements to reflect changed assumptions, the occurrence of unanticipated events, or changes in future operating results, financial condition or business over time.
Contacts Red Javelin Communications, Inc.Dana Harris, 978-440-8392dana@redjavelin.comorAmerican Science and Engineering, Inc.Laura Berman, 978-262-8700lberman@as-e.com
Research defense and Homeland Security stocks with the largest global defense stocks directory online for investors at Investorideas.com and www.Homelanddefensestocks.com
Monday, October 19, 2009
Defense Stock News - Northrop Grumman Awarded Two U.S. Transportation Command Contracts
Northrop Grumman Awarded Two U.S. Transportation Command Contracts
HERNDON, Va., Oct. 19, 2009 The U.S. Department of Defense's Transportation Command has awarded Northrop Grumman Corporation (NYSE:NOC) a contract for Joint Collaborative Analytic and Adaptive Planning (APEX) support and another contract to provide analytical support for the Joint Distribution Process Analysis Center (JDPAC) both at Scott Air Force Base, Ill.
Under the terms of the four-year $8 million Analysis and APEX Support contract, Northrop Grumman will provide modeling and simulation support, planning, operations research analytical support and system administration services. Northrop Grumman has partnered with C5T, O'Fallon, Ill., and S4, Burlington, Mass., for the program.
For the three-year JDPAC contract, which is also valued at $8 million, Northrop Grumman will perform studies and analyses for supply chain risk assessment, business case analysis, data management, distribution performance analysis, modeling and simulation support, and deployment and distribution cost/benefit analysis. Partners for the program include Dynamics Research Corporation, Andover, Mass.; LLamasoft, Ann Arbor, Mich.; Morgan Borszcz Consulting, Brambleton, Va.
"Working shoulder to shoulder with government analysts and action officers, we provide the analysis and quantitative insight to assist the senior leadership decision making as they face major issues today and tomorrow," said Jay Marcotte, Northrop Grumman Technical Services program manager for the contracts. "We have the proven analytical capabilities to provide the JDPAC Team the studies and analyses that will support the optimization of global transportation and distribution operations across the Department of Defense."
Northrop Grumman Corporation is a leading global security company whose 120,000 employees provide innovative systems, products and solutions in aerospace, electronics, information systems, shipbuilding and technical services to government and commercial customers worldwide.
CONTACT: Jeff Lacap Northrop Grumman Technical Services (703)713-4488 jeff.lacap@ngc.com
Leah Smith Northrop Grumman Technical Services (703) 713-4616 leah.smith@ngc.com
Research defense and Homeland Security stocks with the largest global defense stocks directory online for investors at Investorideas.com and www.homelanddefensestocks.com
click here: http://www.investorideas.com/Companies/HomelandDefense/Stock_List.asp
HERNDON, Va., Oct. 19, 2009 The U.S. Department of Defense's Transportation Command has awarded Northrop Grumman Corporation (NYSE:NOC) a contract for Joint Collaborative Analytic and Adaptive Planning (APEX) support and another contract to provide analytical support for the Joint Distribution Process Analysis Center (JDPAC) both at Scott Air Force Base, Ill.
Under the terms of the four-year $8 million Analysis and APEX Support contract, Northrop Grumman will provide modeling and simulation support, planning, operations research analytical support and system administration services. Northrop Grumman has partnered with C5T, O'Fallon, Ill., and S4, Burlington, Mass., for the program.
For the three-year JDPAC contract, which is also valued at $8 million, Northrop Grumman will perform studies and analyses for supply chain risk assessment, business case analysis, data management, distribution performance analysis, modeling and simulation support, and deployment and distribution cost/benefit analysis. Partners for the program include Dynamics Research Corporation, Andover, Mass.; LLamasoft, Ann Arbor, Mich.; Morgan Borszcz Consulting, Brambleton, Va.
"Working shoulder to shoulder with government analysts and action officers, we provide the analysis and quantitative insight to assist the senior leadership decision making as they face major issues today and tomorrow," said Jay Marcotte, Northrop Grumman Technical Services program manager for the contracts. "We have the proven analytical capabilities to provide the JDPAC Team the studies and analyses that will support the optimization of global transportation and distribution operations across the Department of Defense."
Northrop Grumman Corporation is a leading global security company whose 120,000 employees provide innovative systems, products and solutions in aerospace, electronics, information systems, shipbuilding and technical services to government and commercial customers worldwide.
CONTACT: Jeff Lacap Northrop Grumman Technical Services (703)713-4488 jeff.lacap@ngc.com
Leah Smith Northrop Grumman Technical Services (703) 713-4616 leah.smith@ngc.com
Research defense and Homeland Security stocks with the largest global defense stocks directory online for investors at Investorideas.com and www.homelanddefensestocks.com
click here: http://www.investorideas.com/Companies/HomelandDefense/Stock_List.asp
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