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Defense group Cobham announces robust 2008 results
Profits up 18 percent; total revenue for the whole group increased to £1.467 billion from £1.061 billion and trading profit was up by 27 percent to £252 million from £199 million
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Lockheed Martin wins SOCOM contract, worth a potential $5 billion
Pentagon selects Lockheed martin to replace L-3 to provide maintenance and critical infrastructure support to U.S. Special Operations Command
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India's private security companies flourish
As a result of the Mumbai attacks, the Indian private security industry has been growing by leaps and bounds; already the country’s private security force numbers 5 million, 1.3 million more than India’s police forces
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AOptix shows InSight iris recognition system
Iris recognition is accepted as one of the most accurate biometric technologies, but its adoption has been slow because people feel uncomfortable pushing their faces against a glass panel and placing their eyes in a very small capture zone; InSight solves this problem
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Web site to offer real-time information on food in stores
Consumer Web site adds food rating to its roster of consumer safety and carbon-footprint ratings for non-food goods; food sold in supermarkets around the globe will be rated in terms of chemicals, colorings, additives, and nutrition
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German high-tech sector holds up
Turnover in German-made IT, telecommunications, and digital consumer electronics will hold steady at about €145 billion — still, the German high-tech industry would perform worse than the global high-tech sector as a whole, which is expected to boost sales about 3 percent to €2.416 trillion
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The 25 most dangerous places for offshore outsourcing
Are you thinking about outsourcing your company’s back-room work to companies in Bogota, Bangkok, or Johannesburg? Think again; here is a list of the 25 worst outsourcing cities
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U.K. pushes data infrastructure protection
U.K. government announces £6 million of research funding in the field of data infrastructure protection; application deadline is 23 April
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Thales issues strong results for 2008
Company showing revenues of €12.7 billion (£11.3 billion), an order intake of €14.3 billion, and projected growth of between 3 and five percent in 2009
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New software allows laptops to talk back boldly to laptop thieves
Your laptop has been stolen? New software allows you to tell those thieves exactly — and when we say exactly, we mean exactly — what you think of them; software also helps police locate the stolen computer
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Salmonella contamination found at Texas peanut plant
Salmonella found in ground peanuts in a Plainview, Texas plant which received peanuts from the now-bankrupt Georgia peanut processing company; contaminated products from the Plainview company were found in Colorado
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Banking card readers inherently insecure
Hand-held bank card readers were designed to thwart online banking fraud, but cost-saving measures have resulted in design compromises that have left customers open to risk of fraud
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France will help Italy revive nuclear power industry
Nicolas Sarkozy and Silvio Berlusconi sign an agreement which will see the Italian power company, ENEL, and its French counterpart, EDF, study the feasibility of building four power stations in Italy
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More and more nations are food-insecure
Globalization, life style changes, and fierce competition among food producers make developing nations food-insecure; “Epidemics are a disastrous but unavoidable consequence that we can only hope to limit,” one expert says
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Northrop Grumman in joint development deal with UAE's Tawazun
Northrop Grumman signs a deal with Tawazun Holding collaborate on a variety of defense projects and identify viable business opportunities
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The long view
First 10 Months of 2023 See Record 25 Billion-Dollar Disasters
NOAA confirmed another billion-dollar disaster in October, bringing the total to a record 25 disasters in the first 10 months — the largest number of disasters for any year since NOAA has kept track of these types of events. The Mississippi River’s water level dropped to historic lows along parts of the river.