Defense Stock News Northrop (NYSE:NOC ) Grumman Wins Terahertz Contract
LOS ANGELES, May 19, 2009 -- The Defense Advanced Research Projects Agency (DARPA) has awarded Northrop Grumman Corporation (NYSE:NOC ) phase 1 of the $37-million Terahertz (THz) Electronics contract, U.S. Department of Defense and company officials announced today. Work on the contract will support military and space satellites with the development of active receivers and transmitters operating at 670 gigahertz that ensure reliable, high-resolution images, and other applications.
``This contract win shows that Northrop Grumman is at the leading edge of microelectronics technology capable of delivering dramatic improvements in performance and functionality for U.S. military and space systems,'' said Dwight Streit, vice president of Microelectronics Technology and Technical Development for Northrop Grumman Aerospace Systems. ``Program Manager Bill Deal, our scientists and engineers are excited about helping to ensure the reliable communications ability of U.S. satellites and the safety of our warfighters performing critical tasks across the globe.''
``The THz Electronics program will develop a technology for integrated circuits operating at far higher frequencies than ever possible before. This will be crucially important for emerging applications like terahertz communications and radars,'' said Dr. Mark Rosker, program manager of DARPA's Microsystems Technology Office. ``But of potentially even greater consequence, this program will drive the state of the art in high performance III-V electronics, with vast implication to RF circuits and systems operating at more conventional (microwave and millimeter-wave) frequencies.''
The THz Electronics program is an extension of Northrop Grumman Aerospace Systems' successful $7.7-million phase one of development on the Sub-millimeter Wave Imaging Focal Plane Technology (SWIFT) program for DARPA. SWIFT demonstrated the first active components, such as oscillators and amplifiers (low-noise and power) operating at 340 GHz, enabling systems for high-resolution imaging at sub-millimeter frequencies in all types of weather environments encountered by space and defense satellites. Work on the THz Electronics program will move even higher in frequency, starting at 650 GHz this year. As with SWIFT, the current Program will continue to be supported by the U.S. Army Research Laboratory.
Northrop Grumman Aerospace Systems recently captured a Guinness World Record(tm) for the fastest transistor based on a device that has a maximum frequency of oscillation well in excess of 1,000 GHz.
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: Christopher Boyd Northrop Grumman Aerospace Systems (310) 812-8536 christopher.m.boyd@ngc.com
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Tuesday, May 19, 2009
Defense Stocks Directory Update - Homeland Security Stocks, Aerospace and Defense Stocks, Biodefense Stocks, Security Stocks, Energy Security Stocks,
Defense Stocks Directory Update - Homeland Security Stocks, Aerospace and Defense Stocks, Biodefense Stocks, Security Stocks, Energy Security Stocks, Infrastructure Stocks
POINT ROBERTS, Wash., DELTA, B.C. – May 19, 2009 – www.HomelandDefenseStocks.com, a leading global investor and industry portal for the defense and security sector, within Investorideas.com, updates the defense stocks directory for investors following the sector.
Homeland Security and Defense Stocks Directory:
Showcase Defense Company:
Optex Systems Holdings, Inc., (OTCBB: OPXS) through its wholly-owned subsidiary, Optex Systems, Inc. manufactures optical sighting systems and assemblies primarily for Department of Defense (DOD) applications. Its products are installed on a majority of types of U.S. military land vehicles, such as the Abrams and Bradley fighting vehicles, Light Armored and Armored Security Vehicles and have been selected for installation on the Future Combat Systems (FCS) Stryker vehicle. Optex also manufactures and delivers numerous periscope configurations, rifle and surveillance sights and night vision optical assemblies. Optex delivers its products both directly to the military services and to prime contractors.
Read the full company profile:
Visit Optex Systems Holdings, Inc. (OTCBB: OPXS) Company Profile: http://www.investorideas.com/CO/OPTEX/
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 recognised 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 directory- http://www.investorideas.com/Companies/HomelandDefense/Stock_List.asp
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.
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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. OPXS Disclosure: Optex is a featured showcase company and compensates Investorideas.com $3000 month and sixty two thousand 144 shares issued quarterly.
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. – May 19, 2009 – www.HomelandDefenseStocks.com, a leading global investor and industry portal for the defense and security sector, within Investorideas.com, updates the defense stocks directory for investors following the sector.
Homeland Security and Defense Stocks Directory:
Showcase Defense Company:
Optex Systems Holdings, Inc., (OTCBB: OPXS) through its wholly-owned subsidiary, Optex Systems, Inc. manufactures optical sighting systems and assemblies primarily for Department of Defense (DOD) applications. Its products are installed on a majority of types of U.S. military land vehicles, such as the Abrams and Bradley fighting vehicles, Light Armored and Armored Security Vehicles and have been selected for installation on the Future Combat Systems (FCS) Stryker vehicle. Optex also manufactures and delivers numerous periscope configurations, rifle and surveillance sights and night vision optical assemblies. Optex delivers its products both directly to the military services and to prime contractors.
Read the full company profile:
Visit Optex Systems Holdings, Inc. (OTCBB: OPXS) Company Profile: http://www.investorideas.com/CO/OPTEX/
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 recognised 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 directory- http://www.investorideas.com/Companies/HomelandDefense/Stock_List.asp
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: http://www.investorideas.com/membership/
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. OPXS Disclosure: Optex is a featured showcase company and compensates Investorideas.com $3000 month and sixty two thousand 144 shares issued quarterly.
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@HomelandDefenseStocks.com
Source: HomelandDefenseStocks.com, Investor Ideas
Thursday, May 14, 2009
Defense Stocks Sector Close-Up; Defense Stocks Up, New IPO DigitalGlobe Inc (NYSE:DGI) Up on the Opening
Defense Stocks Sector Close-Up; Defense Stocks Up, New IPO DigitalGlobe Inc (NYSE:DGI) Up on the Opening
POINT ROBERTS, Wash., –May 14, 2009 – www.HomelandDefenseStocks.com, a leading global investor and industry portal for the defense and security sector, within Investorideas.com, presents a sector close-up on defense stocks trading, May 14, 2009. Defense stocks were mostly up with the markets, with new defense company DigitalGlobe Inc IPO up 21% on the opening.
DigitalGlobe Inc., (NYSE:DGI) raised $279.3 million in its IPO, priced at $19 a share. The company raised more than initially planned and the IPO had gains on the opening of 21% and traded as high as $25 on the day.
Defense and intelligence customers represent an estimated 85% of DigitalGlobe’s sales.
Recently listed defense stock, Optex Systems Holdings, Inc., (OTCBB: OPXS), financed at $0.15 was trading at
$0.38, up $ 0.09 (31.03 %).
Defense stocks trading May 14, 2009:
Boeing Co., (NYSE: BA) trading at $43.45, up $ 0.50 (1.16%) 1:31pm ET
General Dynamics Co (NYSE: GD) trading at $55.43, up $ 0.13 (0.24%) 1:32pm ET
Honeywell International Inc. (NYSE:HON) trading at $31.80, up $ 0.43 (1.37%) 1:33pm ET
Lockheed Martin Corporation (NYSE:LMT) trading at $80.65, up $0.12 (0.15%) 1:34pm ET
Northrop Grumman Corporation (NYSE:NOC) trading at $48.67, up $ 0.29 (0.60%) 1:35pm ET
Optex Systems Holdings, Inc. (OTCBB: OPXS) trading at $0.38, up $ 0.09 (31.03 %)
TASER International Inc. (NasdaqGS: TASR) trading at $4.25, up $0.07 (1.67%) 1:37pm ET
Company Snapshot –
DigitalGlobe Inc., (NYSE:DGI) is a leading global provider of commercial high resolution world imagery products and services. Sourced from our own advanced satellite constellation, our imagery solutions support a wide variety of uses within defense and intelligence, civil agencies, mapping and analysis, environmental monitoring, oil and gas exploration, infrastructure management as well as internet portals and navigation technology.
To research more defense stocks:
Homeland Security and Defense Stocks Directory:
http://www.investorideas.com/Companies/HomelandDefense/Stock_List.asp
Recent Defense Article:
Defense Budget Winners and Losers:
http://www.investorideas.com/News/050609a.asp
Free Defense Stocks Newsletter Sign-up:
http://www.twotigersonline.com/newsletter.html
Showcase Defense Company:
Optex Systems Holdings, Inc., (OTCBB: OPXS) through its wholly-owned subsidiary, Optex Systems, Inc. manufactures optical sighting systems and assemblies primarily for Department of Defense (DOD) applications. Its products are installed on a majority of types of U.S. military land vehicles, such as the Abrams and Bradley fighting vehicles, Light Armored and Armored Security Vehicles and have been selected for installation on the Future Combat Systems (FCS) Stryker vehicle. Optex also manufactures and delivers numerous periscope configurations, rifle and surveillance sights and night vision optical assemblies. Optex delivers its products both directly to the military services and to prime contractors.
Read the full company profile:
Visit Optex Systems Holdings, Inc. (OTCBB: OPXS) Company Profile: http://www.investorideas.com/CO/OPTEX/
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 access and investor research tool
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: http://www.investorideas.com/membership/
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. OPXS Disclosure: Optex is a featured showcase company and compensates Investorideas.com $3000 month and sixty two thousand 144 shares issued quarterly.
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@HomelandDefenseStocks.com
Source: HomelandDefenseStocks.com, Investor Ideas Research defense stocks with the global defense stocks directory at Investorideas.com
click here:
http://www.investorideas.com/Companies/HomelandDefense/Stock_List.asp
POINT ROBERTS, Wash., –May 14, 2009 – www.HomelandDefenseStocks.com, a leading global investor and industry portal for the defense and security sector, within Investorideas.com, presents a sector close-up on defense stocks trading, May 14, 2009. Defense stocks were mostly up with the markets, with new defense company DigitalGlobe Inc IPO up 21% on the opening.
DigitalGlobe Inc., (NYSE:DGI) raised $279.3 million in its IPO, priced at $19 a share. The company raised more than initially planned and the IPO had gains on the opening of 21% and traded as high as $25 on the day.
Defense and intelligence customers represent an estimated 85% of DigitalGlobe’s sales.
Recently listed defense stock, Optex Systems Holdings, Inc., (OTCBB: OPXS), financed at $0.15 was trading at
$0.38, up $ 0.09 (31.03 %).
Defense stocks trading May 14, 2009:
Boeing Co., (NYSE: BA) trading at $43.45, up $ 0.50 (1.16%) 1:31pm ET
General Dynamics Co (NYSE: GD) trading at $55.43, up $ 0.13 (0.24%) 1:32pm ET
Honeywell International Inc. (NYSE:HON) trading at $31.80, up $ 0.43 (1.37%) 1:33pm ET
Lockheed Martin Corporation (NYSE:LMT) trading at $80.65, up $0.12 (0.15%) 1:34pm ET
Northrop Grumman Corporation (NYSE:NOC) trading at $48.67, up $ 0.29 (0.60%) 1:35pm ET
Optex Systems Holdings, Inc. (OTCBB: OPXS) trading at $0.38, up $ 0.09 (31.03 %)
TASER International Inc. (NasdaqGS: TASR) trading at $4.25, up $0.07 (1.67%) 1:37pm ET
Company Snapshot –
DigitalGlobe Inc., (NYSE:DGI) is a leading global provider of commercial high resolution world imagery products and services. Sourced from our own advanced satellite constellation, our imagery solutions support a wide variety of uses within defense and intelligence, civil agencies, mapping and analysis, environmental monitoring, oil and gas exploration, infrastructure management as well as internet portals and navigation technology.
To research more defense stocks:
Homeland Security and Defense Stocks Directory:
http://www.investorideas.com/Companies/HomelandDefense/Stock_List.asp
Recent Defense Article:
Defense Budget Winners and Losers:
http://www.investorideas.com/News/050609a.asp
Free Defense Stocks Newsletter Sign-up:
http://www.twotigersonline.com/newsletter.html
Showcase Defense Company:
Optex Systems Holdings, Inc., (OTCBB: OPXS) through its wholly-owned subsidiary, Optex Systems, Inc. manufactures optical sighting systems and assemblies primarily for Department of Defense (DOD) applications. Its products are installed on a majority of types of U.S. military land vehicles, such as the Abrams and Bradley fighting vehicles, Light Armored and Armored Security Vehicles and have been selected for installation on the Future Combat Systems (FCS) Stryker vehicle. Optex also manufactures and delivers numerous periscope configurations, rifle and surveillance sights and night vision optical assemblies. Optex delivers its products both directly to the military services and to prime contractors.
Read the full company profile:
Visit Optex Systems Holdings, Inc. (OTCBB: OPXS) Company Profile: http://www.investorideas.com/CO/OPTEX/
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 access and investor research tool
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: http://www.investorideas.com/membership/
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. OPXS Disclosure: Optex is a featured showcase company and compensates Investorideas.com $3000 month and sixty two thousand 144 shares issued quarterly.
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@HomelandDefenseStocks.com
Source: HomelandDefenseStocks.com, Investor Ideas Research defense stocks with the global defense stocks directory at Investorideas.com
click here:
http://www.investorideas.com/Companies/HomelandDefense/Stock_List.asp
DigitalGlobe Commemorates IPO, First Day of Trading on NYSE NYSE Euronext Leads Global IPO Markets in 2009, with $1.63 billion in Total Proceeds
DigitalGlobe Commemorates IPO, First Day of Trading on NYSE NYSE Euronext Leads Global IPO Markets in 2009, with $1.63 billion in Total Proceeds
NYSE Lists 100% of Qualified Domestic IPOs Year-To-Date
NEW YORK--May 14 2009 --DigitalGlobe,(DGI) a leading earth imaging and information company based in Longmont, Colo., today opened for trading on the New York Stock Exchange under the ticker symbol “DGI” after its successful initial public offering in which it raised $279.3 million in gross proceeds. DigitalGlobe is the fourth IPO by a U.S. company to list on the New York Stock Exchange this year.
“As a leading source of imagery products to government and commercial markets, DigitalGlobe is a fitting addition to the world’s leading marketplace for technology-based companies,” said Scott R. Cutler, NYSE Euronext EVP and Head of Listings, Americas. “We congratulate DigitalGlobe on the successful completion of its IPO and look forward to a beneficial and lasting partnership with the company and its shareholders.”
DigitalGlobe is the fourth domestic initial public offering to begin trading on the New York Stock Exchange this year following Mead Johnson Nutrition Company (NYSE: MJN), which raised $828 million in proceeds; Rosetta Stone (NYSE: RST), which raised $129 million in proceeds, and Bridgepoint Education (NYSE: BPI), which raised $163 million in proceeds.
Year-to-date, companies raised more capital on NYSE Euronext markets through IPOs than any other exchange in the world, with a total of $1.630 billion in proceeds from ten IPOs. The New York Stock Exchange also leads the domestic IPO market in 2009, listing 100 percent of initial public offerings qualified to list on its market.
ABOUT DIGITALGLOBE:
Longmont, Colorado-based DigitalGlobe (http://www.digitalglobe.com) is a leading global provider of commercial high resolution world imagery products and services. Sourced from our own advanced satellite constellation, our imagery solutions support a wide variety of uses within defense and intelligence, civil agencies, mapping and analysis, environmental monitoring, oil and gas exploration, infrastructure management as well as internet portals and navigation technology.
Our products and services provide customers and end users with up-to-date and historical earth imagery, enabling them to efficiently map, monitor, analyze and navigate the physical world. Our two high-resolution imagery satellites offer among the highest collection rates and resolution, and are capable of collecting nearly 1 million square kilometers per day. Upon the launch of WorldView-2, our third satellite, in September or early October 2009, our total collection capabilities are expected to increase to nearly 2 million square kilometers per day, with intra-day visits to those places of greatest interest to our customers.
Imagery is added daily to our ImageLibrary, which currently houses over 600 million square kilometers of high resolution earth imagery, an area greater than four times the earth’s land mass. We believe our ImageLibrary is currently the largest, most-up-to-date imagery source commercially available. With our comprehensive imagery collection and products, we offer a range of on- and off-line products and services designed to enable customers to easily access and integrate our imagery into their business operations and applications.
DigitalGlobe is a registered trademark of DigitalGlobe.
About NYSE Euronext
NYSE Euronext (NYX) is the world’s most diverse exchange group, offering a broad and growing array of financial products and services in Europe and the United States that include cash equities, futures, options, exchange-traded products, bonds, market data, and commercial technology solutions. With over 8,000 listed issues globally, NYSE Euronext's equities markets -- the New York Stock Exchange, Euronext, NYSE Arca, and NYSE Amex -- represent nearly 40% of the world's cash equities trading volume, the most liquidity of any global exchange group. NYSE Euronext also operates NYSE Liffe, the leading European derivatives business and the world’s second largest derivatives business by value of trading. NYSE Euronext offers comprehensive global commercial technology, connectivity, and market data products and services through its innovative trading solutions unit, NYSE Technologies. NYSE Euronext is part of the S&P 500 index and the only exchange operator in the S&P 100 index. For more information, please visit: www.nyx.com.
Cautionary Note Regarding Forward-Looking Statements
This press release may contain forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements concerning NYSE Euronext’s plans, objectives, expectations and intentions and other statements that are not historical or current facts. Forward-looking statements are based on NYSE Euronext’s current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such forward-looking statements. Factors that could cause NYSE Euronext’s results to differ materially from current expectations include, but are not limited to: NYSE Euronext’s ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk and U.S. and global competition, and other factors detailed in NYSE Euronext’s reference document for 2008 (“document de référence”) filed with the French Autorité des Marchés Financiers (Registered on April 28, 2009 under No. R. 09-031), 2008 Annual Report on Form 10-K and other periodic reports filed with the U.S. Securities and Exchange Commission or the French Autorité des Marchés Financiers. In addition, these statements are based on a number of assumptions that are subject to change. Accordingly, actual results may be materially higher or lower than those projected. The inclusion of such projections herein should not be regarded as a representation by NYSE Euronext that the projections will prove to be correct. This press release speaks only as of this date. NYSE Euronext disclaims any duty to update the information herein.
Contacts NYSE EuronextJudy Shaw, 212-656-4290jshaw@nyx.com
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NYSE Lists 100% of Qualified Domestic IPOs Year-To-Date
NEW YORK--May 14 2009 --DigitalGlobe,(DGI) a leading earth imaging and information company based in Longmont, Colo., today opened for trading on the New York Stock Exchange under the ticker symbol “DGI” after its successful initial public offering in which it raised $279.3 million in gross proceeds. DigitalGlobe is the fourth IPO by a U.S. company to list on the New York Stock Exchange this year.
“As a leading source of imagery products to government and commercial markets, DigitalGlobe is a fitting addition to the world’s leading marketplace for technology-based companies,” said Scott R. Cutler, NYSE Euronext EVP and Head of Listings, Americas. “We congratulate DigitalGlobe on the successful completion of its IPO and look forward to a beneficial and lasting partnership with the company and its shareholders.”
DigitalGlobe is the fourth domestic initial public offering to begin trading on the New York Stock Exchange this year following Mead Johnson Nutrition Company (NYSE: MJN), which raised $828 million in proceeds; Rosetta Stone (NYSE: RST), which raised $129 million in proceeds, and Bridgepoint Education (NYSE: BPI), which raised $163 million in proceeds.
Year-to-date, companies raised more capital on NYSE Euronext markets through IPOs than any other exchange in the world, with a total of $1.630 billion in proceeds from ten IPOs. The New York Stock Exchange also leads the domestic IPO market in 2009, listing 100 percent of initial public offerings qualified to list on its market.
ABOUT DIGITALGLOBE:
Longmont, Colorado-based DigitalGlobe (http://www.digitalglobe.com) is a leading global provider of commercial high resolution world imagery products and services. Sourced from our own advanced satellite constellation, our imagery solutions support a wide variety of uses within defense and intelligence, civil agencies, mapping and analysis, environmental monitoring, oil and gas exploration, infrastructure management as well as internet portals and navigation technology.
Our products and services provide customers and end users with up-to-date and historical earth imagery, enabling them to efficiently map, monitor, analyze and navigate the physical world. Our two high-resolution imagery satellites offer among the highest collection rates and resolution, and are capable of collecting nearly 1 million square kilometers per day. Upon the launch of WorldView-2, our third satellite, in September or early October 2009, our total collection capabilities are expected to increase to nearly 2 million square kilometers per day, with intra-day visits to those places of greatest interest to our customers.
Imagery is added daily to our ImageLibrary, which currently houses over 600 million square kilometers of high resolution earth imagery, an area greater than four times the earth’s land mass. We believe our ImageLibrary is currently the largest, most-up-to-date imagery source commercially available. With our comprehensive imagery collection and products, we offer a range of on- and off-line products and services designed to enable customers to easily access and integrate our imagery into their business operations and applications.
DigitalGlobe is a registered trademark of DigitalGlobe.
About NYSE Euronext
NYSE Euronext (NYX) is the world’s most diverse exchange group, offering a broad and growing array of financial products and services in Europe and the United States that include cash equities, futures, options, exchange-traded products, bonds, market data, and commercial technology solutions. With over 8,000 listed issues globally, NYSE Euronext's equities markets -- the New York Stock Exchange, Euronext, NYSE Arca, and NYSE Amex -- represent nearly 40% of the world's cash equities trading volume, the most liquidity of any global exchange group. NYSE Euronext also operates NYSE Liffe, the leading European derivatives business and the world’s second largest derivatives business by value of trading. NYSE Euronext offers comprehensive global commercial technology, connectivity, and market data products and services through its innovative trading solutions unit, NYSE Technologies. NYSE Euronext is part of the S&P 500 index and the only exchange operator in the S&P 100 index. For more information, please visit: www.nyx.com.
Cautionary Note Regarding Forward-Looking Statements
This press release may contain forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements concerning NYSE Euronext’s plans, objectives, expectations and intentions and other statements that are not historical or current facts. Forward-looking statements are based on NYSE Euronext’s current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such forward-looking statements. Factors that could cause NYSE Euronext’s results to differ materially from current expectations include, but are not limited to: NYSE Euronext’s ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk and U.S. and global competition, and other factors detailed in NYSE Euronext’s reference document for 2008 (“document de référence”) filed with the French Autorité des Marchés Financiers (Registered on April 28, 2009 under No. R. 09-031), 2008 Annual Report on Form 10-K and other periodic reports filed with the U.S. Securities and Exchange Commission or the French Autorité des Marchés Financiers. In addition, these statements are based on a number of assumptions that are subject to change. Accordingly, actual results may be materially higher or lower than those projected. The inclusion of such projections herein should not be regarded as a representation by NYSE Euronext that the projections will prove to be correct. This press release speaks only as of this date. NYSE Euronext disclaims any duty to update the information herein.
Contacts NYSE EuronextJudy Shaw, 212-656-4290jshaw@nyx.com
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Wednesday, May 13, 2009
Defense Company - Optex Systems Holdings, Inc (OTC BB: OPXS)Reports Fiscal Second Quarter Financial Results
Defense Company - Optex Systems Holdings, Inc (OTC BB: OPXS)Reports Fiscal Second Quarter Financial Results
RICHARDSON, TX -- May 13, 2009 -- Optex Systems Holdings, Inc. (Optex) (OTC BB: OPXS.OB), a leading manufacturer of optical sighting systems and assemblies primarily for Department of Defense applications, today announced financial results for the Company's fiscal second quarter ended March 29, 2009.
For the quarter ended March 29, 2009, the Company recorded increased revenues of $6,708,286, as compared to revenues during the same period one year ago of $5,628,115, an increase of approximately 19.6%. This increase in revenue was primarily due to improved order flow from its primary customers, including the U.S. Government.
During the quarter ended March 29, 2009, the Company recorded cost of goods sold of $6,151,915 compared to $5,026,005 during the quarter ended March 30, 2008, an increase of $1.2 million or 24.0%. This increase in cost of goods sold was primarily due to increased revenue on its periscope lines in support of higher backlog and accelerated delivery schedules, in addition to increased intangible amortization associated with the acquisition of the assets of Optex Systems, Inc. (Texas) from Irvine Sensors Corp. on October 14, 2008. The gross margin during the quarter ended March 29, 2009 was 8.3% of revenues as compared to a gross margin of 10.7% during the quarter ended March 30, 2008. Product gross margins are substantially improved over the prior year quarter due to changes in revenue mix combined with significant labor cost efficiency improvements, however this margin increase is offset by higher non-cash intangible amortization attributable to costs of goods sold of approximately $400,000 or 5.3% of revenues in the quarter resulting in the decrease. Excluding the non-cash intangible amortization, gross margins for the quarter ended March 29, 2009 would have increased to 13.6%.
The company recorded a loss before other expenses and taxes of $(148,624) compared to a loss before other expenses and taxes of $(628,526) during the year ago period, an improvement of 83%. This reduced loss before other expenses and taxes was primarily due to increased sales revenue in the quarter combined with reductions in general and administrative expenses driven by the elimination of Irvine Sensors corporate costs and associated overhead.
Net loss for the quarter was of $(326,545) compared to $(678,389) during the year ago period, an improvement of over 51%. This decrease in net loss was principally the result of a reduction in operating expenses related to the elimination of Irvine Sensors corporate costs and associated overhead in the three months ended March 30, 2008, combined with increased revenue during the quarter. Excluding the impact of the increased intangible expenses of $400,000 the Company would have recorded net income of $70,000 for the three months ended March 29, 2009. Loss before taxes was $(239,881) against loss before taxes of $(678,389) last year. Basic and diluted loss per share was $0.00 against $0.00 versus the same period last year. The company reported operational net cash flow of $447,572 as compared to $328,458 during the year ago period, a 36% increase. As of March 29, 2009, the Company had cash and cash equivalents of $1.2 million.
Danny Schoening, COO of Optex Systems, commented, "We are pleased to report record results for the first time as a publicly-traded company for our fiscal second quarter in 2009. Optex enjoys a solid business model built on consistent order flow from the U.S. Government and other key customers. During the quarter we were able to grow revenues nearly 20% year over year as a result of ramped up production and accelerated shipments to existing customers." Mr. Schoening continued, "It is also important to note we made significant strides in improving our productivity during the quarter. These efforts resulted in a 27% increase in product gross margins during the quarter, excluding the amortization of non-cash intangible items."
ABOUT OPTEX SYSTEMS
Optex, which was founded in 1987, is a Richardson, Texas-based ISO 9001:2008 certified concern, which manufactures optical sighting systems and assemblies primarily for Department of Defense (DOD) applications. Its products are installed on a majority of types of U.S. military land vehicles, such as the Abrams and Bradley fighting vehicles, Light Armored and Advanced Security Vehicles and have been selected for installation on the Stryker family of vehicles. Optex also manufactures and delivers numerous periscope configurations, rifle and surveillance sights and night vision optical assemblies. Optex delivers its products both directly to the military services and to prime contractors. For additional information, please visit the Company's website at www.optexsys.com.
Safe Harbor Statement
This Press Release and other written reports and oral statements made from time to time by the Company may contain so-called "forward-looking statements," all of which are subject to risks and uncertainties. You can identify these forward-looking statements by their use of words such as "expects," "plans," "will," "estimates," "forecasts," "projects" and other words of similar meaning. You can identify them by the fact that they do not relate strictly to historical or current facts. These statements are likely to address the Company's growth strategy, financial results and product and development programs. You must carefully consider any such statement and should understand that many factors could cause actual results to differ from the Company's forward-looking statements. These factors include inaccurate assumptions and a broad variety of other risks and uncertainties, including some that are known and some that are not. No forward-looking statement can be guaranteed and actual future results may vary materially.
The Company does not assume the obligation to update any forward-looking statement. You should carefully evaluate such statements in light of factors described in the Company's filings with the SEC, especially on Forms 10-K, 10-Q and 8-K. In various filings the Company has identified important factors that could cause actual results to differ from expected or historic results. You should understand that it is not possible to predict or identify all such factors. Consequently, you should not consider any such list to be a complete list of all potential risks or uncertainties.
Contact:
Howard Gostfrand
American Capital Ventures
(p) 305.918.7000
(e) Email Contact
Source: Optex Systems
Optex Systems Holdings Inc. (OTCBB:OPXS) is a featured defense stock and showcase company on Investor Ideas defense investor portals, Homelandefensestocks.com, BorderandPortsecurity.com and http://www.nationalhomelandsecurityknowledgebase.com/
Disclaimer/Discloscure: click here
Research Global Defense stocks with the defense stocks directory: click here
Visit Optex Systems Holdings Inc. (OTCBB:OPXS) Company Profile click here
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RICHARDSON, TX -- May 13, 2009 -- Optex Systems Holdings, Inc. (Optex) (OTC BB: OPXS.OB), a leading manufacturer of optical sighting systems and assemblies primarily for Department of Defense applications, today announced financial results for the Company's fiscal second quarter ended March 29, 2009.
For the quarter ended March 29, 2009, the Company recorded increased revenues of $6,708,286, as compared to revenues during the same period one year ago of $5,628,115, an increase of approximately 19.6%. This increase in revenue was primarily due to improved order flow from its primary customers, including the U.S. Government.
During the quarter ended March 29, 2009, the Company recorded cost of goods sold of $6,151,915 compared to $5,026,005 during the quarter ended March 30, 2008, an increase of $1.2 million or 24.0%. This increase in cost of goods sold was primarily due to increased revenue on its periscope lines in support of higher backlog and accelerated delivery schedules, in addition to increased intangible amortization associated with the acquisition of the assets of Optex Systems, Inc. (Texas) from Irvine Sensors Corp. on October 14, 2008. The gross margin during the quarter ended March 29, 2009 was 8.3% of revenues as compared to a gross margin of 10.7% during the quarter ended March 30, 2008. Product gross margins are substantially improved over the prior year quarter due to changes in revenue mix combined with significant labor cost efficiency improvements, however this margin increase is offset by higher non-cash intangible amortization attributable to costs of goods sold of approximately $400,000 or 5.3% of revenues in the quarter resulting in the decrease. Excluding the non-cash intangible amortization, gross margins for the quarter ended March 29, 2009 would have increased to 13.6%.
The company recorded a loss before other expenses and taxes of $(148,624) compared to a loss before other expenses and taxes of $(628,526) during the year ago period, an improvement of 83%. This reduced loss before other expenses and taxes was primarily due to increased sales revenue in the quarter combined with reductions in general and administrative expenses driven by the elimination of Irvine Sensors corporate costs and associated overhead.
Net loss for the quarter was of $(326,545) compared to $(678,389) during the year ago period, an improvement of over 51%. This decrease in net loss was principally the result of a reduction in operating expenses related to the elimination of Irvine Sensors corporate costs and associated overhead in the three months ended March 30, 2008, combined with increased revenue during the quarter. Excluding the impact of the increased intangible expenses of $400,000 the Company would have recorded net income of $70,000 for the three months ended March 29, 2009. Loss before taxes was $(239,881) against loss before taxes of $(678,389) last year. Basic and diluted loss per share was $0.00 against $0.00 versus the same period last year. The company reported operational net cash flow of $447,572 as compared to $328,458 during the year ago period, a 36% increase. As of March 29, 2009, the Company had cash and cash equivalents of $1.2 million.
Danny Schoening, COO of Optex Systems, commented, "We are pleased to report record results for the first time as a publicly-traded company for our fiscal second quarter in 2009. Optex enjoys a solid business model built on consistent order flow from the U.S. Government and other key customers. During the quarter we were able to grow revenues nearly 20% year over year as a result of ramped up production and accelerated shipments to existing customers." Mr. Schoening continued, "It is also important to note we made significant strides in improving our productivity during the quarter. These efforts resulted in a 27% increase in product gross margins during the quarter, excluding the amortization of non-cash intangible items."
ABOUT OPTEX SYSTEMS
Optex, which was founded in 1987, is a Richardson, Texas-based ISO 9001:2008 certified concern, which manufactures optical sighting systems and assemblies primarily for Department of Defense (DOD) applications. Its products are installed on a majority of types of U.S. military land vehicles, such as the Abrams and Bradley fighting vehicles, Light Armored and Advanced Security Vehicles and have been selected for installation on the Stryker family of vehicles. Optex also manufactures and delivers numerous periscope configurations, rifle and surveillance sights and night vision optical assemblies. Optex delivers its products both directly to the military services and to prime contractors. For additional information, please visit the Company's website at www.optexsys.com.
Safe Harbor Statement
This Press Release and other written reports and oral statements made from time to time by the Company may contain so-called "forward-looking statements," all of which are subject to risks and uncertainties. You can identify these forward-looking statements by their use of words such as "expects," "plans," "will," "estimates," "forecasts," "projects" and other words of similar meaning. You can identify them by the fact that they do not relate strictly to historical or current facts. These statements are likely to address the Company's growth strategy, financial results and product and development programs. You must carefully consider any such statement and should understand that many factors could cause actual results to differ from the Company's forward-looking statements. These factors include inaccurate assumptions and a broad variety of other risks and uncertainties, including some that are known and some that are not. No forward-looking statement can be guaranteed and actual future results may vary materially.
The Company does not assume the obligation to update any forward-looking statement. You should carefully evaluate such statements in light of factors described in the Company's filings with the SEC, especially on Forms 10-K, 10-Q and 8-K. In various filings the Company has identified important factors that could cause actual results to differ from expected or historic results. You should understand that it is not possible to predict or identify all such factors. Consequently, you should not consider any such list to be a complete list of all potential risks or uncertainties.
Contact:
Howard Gostfrand
American Capital Ventures
(p) 305.918.7000
(e) Email Contact
Source: Optex Systems
Optex Systems Holdings Inc. (OTCBB:OPXS) is a featured defense stock and showcase company on Investor Ideas defense investor portals, Homelandefensestocks.com, BorderandPortsecurity.com and http://www.nationalhomelandsecurityknowledgebase.com/
Disclaimer/Discloscure: click here
Research Global Defense stocks with the defense stocks directory: click here
Visit Optex Systems Holdings Inc. (OTCBB:OPXS) Company Profile click here
Research defense stocks with the global defense stocks directory at Investorideas.com
click here:
http://www.investorideas.com/Companies/HomelandDefense/Stock_List.asp
Monday, May 11, 2009
NHSK Defense Industry News and Stock News Now on Twitter.com
NHSK Defense Industry News and Stock News Now on Twitter.com
NHSK Aerospace & Defense Industry News Update
POINT ROBERTS, WA; May 11, 2009, 2009- The National Homeland Security Knowledgebase, www.NationalHomelandSecurityKnowledgebase.com (NHSK), a leading defense and Homeland Security website announces its news release submission services and distribution for the aerospace and defense industry, for publicly traded and private companies.
Defense news is featured on the NHSK Security and Defence News RSS Feed, NHSK Home page and resource page and to the site’s one million unique visitors per month, specific to the sector.
Additionally the site news is also updated on Twitter.com. Follow NHSK Defense News on Twitter.com at: http://twitter.com/NHSKDefenseNews
Public and private defense and security companies can submit news and press releases to targeted industry and investing professionals. Submit news here: http://www.nationalhomelandsecurityknowledgebase.com/news_submit/submit_news.htm
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NHSK Aerospace & Defense Industry News Update
POINT ROBERTS, WA; May 11, 2009, 2009- The National Homeland Security Knowledgebase, www.NationalHomelandSecurityKnowledgebase.com (NHSK), a leading defense and Homeland Security website announces its news release submission services and distribution for the aerospace and defense industry, for publicly traded and private companies.
Defense news is featured on the NHSK Security and Defence News RSS Feed, NHSK Home page and resource page and to the site’s one million unique visitors per month, specific to the sector.
Additionally the site news is also updated on Twitter.com. Follow NHSK Defense News on Twitter.com at: http://twitter.com/NHSKDefenseNews
Public and private defense and security companies can submit news and press releases to targeted industry and investing professionals. Submit news here: http://www.nationalhomelandsecurityknowledgebase.com/news_submit/submit_news.htm
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The NHSK site content includes Homeland Security information resources, news, investment research, links, resources and articles on Homeland Security and defense related topics as well as the "Homeland Security Advisory System Alert".
The National Homeland Security Knowledgebase domains: www.NationalHomelandSecurityKnowledgebase.com, www.HomelandSecurityKnowledgebase.com, www.TwoTigersOnline.com/resources.html
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About The National Homeland Security Knowledgebase (NHSK) (http://www.NationalHomelandSecurityKnowledgebase.com) is owned by www.HomelandDefenseStocks.com (HDS), a global investor and industry news and research portal for Homeland Security stocks and the Homeland Security sector.
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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.
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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.
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Optex Systems (OTC BB: OPXS.OB) Awarded Multi Million Dollar U.S. Army Contract, Laser Protected Periscope Contract Could Reach $7.5 Million
Optex Systems (OTC BB: OPXS.OB) Awarded Multi Million Dollar U.S. Army Contract, Laser Protected Periscope Contract Could Reach $7.5 Million
RICHARDSON, TX -- May 11, 2009 -- Optex Systems (Optex) (OTC BB: OPXS.OB), a wholly owned subsidiary of Optex Systems Holdings, Inc., a leading manufacturer of optical sighting systems and assemblies primarily for Department of Defense applications, announced today it has been awarded a multi-year contract and first delivery order from the U.S. Army's Tank-Automotive and Armaments Command (TACOM) division, which, if all delivery orders are awarded, could be valued at approximately $7.5 million. Under terms of the agreement, Optex Systems will deliver a range of technologically advanced laser protected periscopes.
The U.S. Army's TACOM division is one of the Army's largest weapon systems research, development, and sustainment organizations. Their mission is to provide and sustain mobility, lethality, and survivability for soldiers, other services, and our Allies through ground combat, automotive, marine and armaments technologies. With a workforce of over 18,000 worldwide, TACOM supports over 3,500 fielded systems and over 29,000 components that make those systems work. Specifically, TACOM's Rock Island's office, through which the award was granted, is responsible for the entire life cycle support of aircraft armament, small arms, field artillery, mortars, tools and training systems, tactical vehicles, light and heavy combat vehicles, watercraft, soldier/biological/chemical systems and deployment/support equipment.
Danny Schoening, COO of Optex Systems, commented, "Our entire organization is very excited about being awarded this multi-year contract by the U.S. Army's TACOM division. It's a testament to our dedication of providing superior mission critical components for the men and women in uniform who perform their jobs at the highest level of dependability and survivability." Mr. Schoening continued, "We have fulfilled the first phase of the order and have begun shipment of various types of our laser protected periscopes to TACOM. We look forward to further developing our relationship with TACOM."
ABOUT OPTEX SYSTEMS
Optex, which was founded in 1987, is a Richardson, Texas-based ISO 9001:2008 certified concern, which manufactures optical sighting systems and assemblies primarily for Department of Defense (DOD) applications. Its products are installed on a majority of types of U.S. military land vehicles, such as the Abrams and Bradley fighting vehicles, Light Armored and Advanced Security Vehicles and have been selected for installation on the Stryker family of vehicles. Optex also manufactures and delivers numerous periscope configurations, rifle and surveillance sights and night vision optical assemblies. Optex delivers its products both directly to the military services and to prime contractors. For additional information, please visit the Company's website at www.optexsys.com.
Safe Harbor Statement
This Press Release and other written reports and oral statements made from time to time by the Company may contain so-called "forward-looking statements," all of which are subject to risks and uncertainties. You can identify these forward-looking statements by their use of words such as "expects," "plans," "will," "estimates," "forecasts," "projects" and other words of similar meaning. You can identify them by the fact that they do not relate strictly to historical or current facts. These statements are likely to address the Company's growth strategy, financial results and product and development programs. You must carefully consider any such statement and should understand that many factors could cause actual results to differ from the Company's forward-looking statements. These factors include inaccurate assumptions and a broad variety of other risks and uncertainties, including some that are known and some that are not. No forward-looking statement can be guaranteed and actual future results may vary materially.
The Company does not assume the obligation to update any forward-looking statement. You should carefully evaluate such statements in light of factors described in the Company's filings with the SEC, especially on Forms 10-K, 10-Q and 8-K. In various filings the Company has identified important factors that could cause actual results to differ from expected or historic results. You should understand that it is not possible to predict or identify all such factors. Consequently, you should not consider any such list to be a complete list of all potential risks or uncertainties.
Contact:
Howard Gostfrand
American Capital Ventures
(p) 305.918.7000
(e) Email Contact
Optex Systems Holdings Inc. (OTCBB:OPXS) is a featured defense stock and showcase company on Investor Ideas defense investor portals, Homelandefensestocks.com, BorderandPortsecurity.com and http://www.nationalhomelandsecurityknowledgebase.com/
Disclaimer/Discloscure: click here
Research Global Defense stocks with the defense stocks directory: click here
Visit Optex Systems Holdings Inc. (OTCBB:OPXS) Company Profile click here
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RICHARDSON, TX -- May 11, 2009 -- Optex Systems (Optex) (OTC BB: OPXS.OB), a wholly owned subsidiary of Optex Systems Holdings, Inc., a leading manufacturer of optical sighting systems and assemblies primarily for Department of Defense applications, announced today it has been awarded a multi-year contract and first delivery order from the U.S. Army's Tank-Automotive and Armaments Command (TACOM) division, which, if all delivery orders are awarded, could be valued at approximately $7.5 million. Under terms of the agreement, Optex Systems will deliver a range of technologically advanced laser protected periscopes.
The U.S. Army's TACOM division is one of the Army's largest weapon systems research, development, and sustainment organizations. Their mission is to provide and sustain mobility, lethality, and survivability for soldiers, other services, and our Allies through ground combat, automotive, marine and armaments technologies. With a workforce of over 18,000 worldwide, TACOM supports over 3,500 fielded systems and over 29,000 components that make those systems work. Specifically, TACOM's Rock Island's office, through which the award was granted, is responsible for the entire life cycle support of aircraft armament, small arms, field artillery, mortars, tools and training systems, tactical vehicles, light and heavy combat vehicles, watercraft, soldier/biological/chemical systems and deployment/support equipment.
Danny Schoening, COO of Optex Systems, commented, "Our entire organization is very excited about being awarded this multi-year contract by the U.S. Army's TACOM division. It's a testament to our dedication of providing superior mission critical components for the men and women in uniform who perform their jobs at the highest level of dependability and survivability." Mr. Schoening continued, "We have fulfilled the first phase of the order and have begun shipment of various types of our laser protected periscopes to TACOM. We look forward to further developing our relationship with TACOM."
ABOUT OPTEX SYSTEMS
Optex, which was founded in 1987, is a Richardson, Texas-based ISO 9001:2008 certified concern, which manufactures optical sighting systems and assemblies primarily for Department of Defense (DOD) applications. Its products are installed on a majority of types of U.S. military land vehicles, such as the Abrams and Bradley fighting vehicles, Light Armored and Advanced Security Vehicles and have been selected for installation on the Stryker family of vehicles. Optex also manufactures and delivers numerous periscope configurations, rifle and surveillance sights and night vision optical assemblies. Optex delivers its products both directly to the military services and to prime contractors. For additional information, please visit the Company's website at www.optexsys.com.
Safe Harbor Statement
This Press Release and other written reports and oral statements made from time to time by the Company may contain so-called "forward-looking statements," all of which are subject to risks and uncertainties. You can identify these forward-looking statements by their use of words such as "expects," "plans," "will," "estimates," "forecasts," "projects" and other words of similar meaning. You can identify them by the fact that they do not relate strictly to historical or current facts. These statements are likely to address the Company's growth strategy, financial results and product and development programs. You must carefully consider any such statement and should understand that many factors could cause actual results to differ from the Company's forward-looking statements. These factors include inaccurate assumptions and a broad variety of other risks and uncertainties, including some that are known and some that are not. No forward-looking statement can be guaranteed and actual future results may vary materially.
The Company does not assume the obligation to update any forward-looking statement. You should carefully evaluate such statements in light of factors described in the Company's filings with the SEC, especially on Forms 10-K, 10-Q and 8-K. In various filings the Company has identified important factors that could cause actual results to differ from expected or historic results. You should understand that it is not possible to predict or identify all such factors. Consequently, you should not consider any such list to be a complete list of all potential risks or uncertainties.
Contact:
Howard Gostfrand
American Capital Ventures
(p) 305.918.7000
(e) Email Contact
Optex Systems Holdings Inc. (OTCBB:OPXS) is a featured defense stock and showcase company on Investor Ideas defense investor portals, Homelandefensestocks.com, BorderandPortsecurity.com and http://www.nationalhomelandsecurityknowledgebase.com/
Disclaimer/Discloscure: click here
Research Global Defense stocks with the defense stocks directory: click here
Visit Optex Systems Holdings Inc. (OTCBB:OPXS) Company Profile click here
Research defense stocks with the global defense stocks directory at Investorideas.com
click here:
http://www.investorideas.com/Companies/HomelandDefense/Stock_List.asp
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