• In anxious markets, defense contractors are a safe, stable bet

    Market anxiety and worries about recession notwithstanding, U.S. defense companies are doing fine — and expect to be doing fine in the coming year; an analyst says that the defense industry is “a pillar of stability compared to the turbulent markets in other industries”

  • New direction charted for wartime contracting

    Government watchdog organizations say the cost of the war in Iraq has ballooned, in part, because of the dearth of trained acquisition professionals assigned to the theater and the failure of federal agencies to establish a uniform set of procurement policy guidelines

  • American Superconductor's New York grid work moves forward

    Massachusetts-based American Superconductor signed a contract to to develop and install new electrical power-grid technology in New York City which would enable Con Edison better to handle power surges and interruptions caused by accidents, weather or terrorist attacks; after government agencies’ squabble, and congressional examination of the contract, DHS tells company to go forward

  • Invenergy, GE Energy in $1 billion wind turbine deal

    Since 2004, GE’s wind turbine business has grown 500 percent, with its wind business revenues exceeding $4 billion in 2007; half of all wind turbines sold in the United States since 2005 were manufactured by GE

  • VC investing rises 11 percent in 2007 to $29.4 billion

    2007 saw U.S. VC funding continue to grow the fourth year in a row; there were 3,813 venture deals totaling $29.4 billion; clean technology, life sciences lead investments

  • L-1 to acquire biometric access control specialist Bioscrypt

    L-1 continues its expansionthrough-acquisition campaign; the latest acquisition is Candian biometrics specialist Bioscrypt; the acquisition would give L-1 a position in both the biometric physical and logical access control spaces as well as far more exposure to the commercial market than it currently has

  • John Stroia joins SIA board

    Stroia, a sixteen-year veteran at Diebold, now leads the company’s government security sales organization and event monitoring team; SIA, a 300-member strong trade association, represents electronic and physical security product manufacturers, standard specifiers, and service providers

  • Two Florida companies see their stock prices increase 35% in 2007

    Melbourne, Florida, is home to two security companies: Communication manufacturer Harris and biometrics specialist Authentec; both companies saw the price of their stock increase by more than 35% in 2007

  • China attracts $3.18 billion in venture capital in 2007

    In first eleven months of 2007, China has attracted $3.18 billion in venture capital, up 78.9 percent from 2006; 428 contracts were signed

  • Homeland Security Investors Conference opens tonight

    More than 300 middle-market homeland security industry executives, investors, and prime defense contractors who are looking to exploit opportunities afforded by the growth in the homeland security and government services market will attend homeland security investors conference

  • Global venture capital investments are up

    In 2007, VC investment is expected to top $40 billion at the close of the fourth quarter while the number of deals should reach about 3,884, or similar to levels in 2003.

  • U.S. VCs rate Israel highly as target market for investment

    Israel leads a group of four countries — the others are Canada, India, and China — as a market for high-quality deals; U.S. VCs said the four countries were by far the most “seductive” markets for investments

  • Systems integrator Adesta is making a bigger impression

    Adesta is a versatile and innovative systems integrator specializing in the construction and maintenance of stand-alone or integrated communication networks and electronic security systems

  • The ISE-CCM Homeland Security Index lists on the NYSE as an ETF

    The ISE-CCM Homeland Security Index has been listed on the NYSE as the FocusShares ISE-CCM Homeland Security ETF; Exchange-traded funds (or ETFs) are open-ended investment companies that can be traded at any time throughout the course of the day

  • Foreign investment boosts U.S. economy

    Last year the United States attracted $180 billion in foreign direct investment; U.S. subsidiaries of foreign companies employ 5.1 million Americans with a payroll of $336 billion; this translates into annual average worker compensation of $66,042 — well above the national average; one analyst argues that we should not allow protectionist sentiments and misplaced security concerns disrupt this contribution to the U.S. economy