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Somali pirates benefit from a global network of informers
These are not your father’s pirates: Somali pirates benefit from information sent to them by informers planted in key shipping hubs around the world; this information includes vessels’ cargo, layout, and route — and is transmitted early enough to allow the pirates enough time to practice their assault based on the information they received
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Boeing's takes X-45C out of storage, renames it Phantom Ray
The proposed 2010 U.S. defense budget is historic at least in one respect: for the first time, the U.S. Air Force will be buying more unmanned flying systems than manned ones; Boeing takes its X-45C unmanned combat air vehicle (UCAV) out of storage and renames it Phantom Ray; it will be completed and readied for flight by the end of 2010, and will be suitable for missions including ISR, SEAD, electronic attack, hunter/killer, and autonomous aerial refueling
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Highlights of the U.S. 2010 defense budget
U.S. defense budget increase 4 percent over 2009, to $533.8 billion; weapons procurement, at $107.4 billion, comes third after Operations & Maintenance ($185.7 billion) and personnel costs ($136 billion)
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iPod helps U.S. fight insurgents in Iraq
The U.S. military is using iPods and iPhones to help troops carry out operations in Iraq and Afghanistan; devices are used for biometric identification, and will soon be used as guidance systems for bomb disposal robots and to receive aerial footage from unmanned drone aircraft
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Initial $50 million of stimulus package for airport security awarded
DHS announced the award of the first $50 million out of a total of $1 billion made available by the stimulus package for the Transportation Security Administration (TSA); money will fund explosive detection systems and advanced technology X-ray units that will streamline baggage screening at U.S. airports
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How DHS plans to use the stimulus package's funds
The stimulus package has added billions of dollars to the DHS budget; the department details how it plans to spend the money
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U.S. military wants jumping robot
DARPA funds a program to develop a hopping robot; the robot will be able to jump stairs and go over obstacles; it will be used for urban reconnaissance and intelligence gathering — although DARPA admits it could also be fitted with a raft of weapons; one of the requirement for the hopping robot: “’stick’ accurate landings”
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Raytheon awarded Nextgen Air Transportation System contract
Contract calls for Raytheon to study the Nextgen integrated communications, navigation, and surveillance (CNS) architecture and determine the NAS’s needs for 2018 to 2025
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Qinetiq to acquire Cyveillance for $40 million
Among the major winners of the administration’s 2010 defense budget will be defense contractors involved in cyber security, intelligence, surveillance and reconnaissance; Qinetiq North America positions itself to benefit from the shift in the defense budget’s priorities by acquiring cyberspace intelligence specialist Cyveillance
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ShotSpotter to acquire QinetiQ North America's SECURES
ShotSpotter will acquire SECURES Acoustic Gunshot Detection System
from QinetiQ North America, strengthening its position in the acoustic detection arena; 35 localities in the United States already deploy ShotSpotter systems in high-crime areas -
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BAE in $13 million deal to provide U.S. military with IFF transponders
In an effort to reduce incidents of friendly fire on the battlefield, the U.S. military orders 500 identification friend or foe (IFF) digital transponders and spares for the U.S. Army and U.S. Navy; BAE has already delivered more than 4,000 common transponders
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Japan to start developing swine flu vaccine
CDC sends Japan’s National Institute of Infectious Diseases a sample of the new type of flu strain, and NIID will begin to work on a modified swine flu virus, then distribute the virus to four Japanese vaccine makers and institutions
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Surge in armored car sales in Brazil
Brazilians have to live with exceedingly high levels of crime — in the late 1990s, for example, the UN ranked the Jardim Ângela section of São Paulo as the most violent neighborhood in the world — at the same time that government agencies, owing to corruption or incompetence, fail to provide security; São Paulo leads the country — and the world — in making and selling armored cars; tax breaks now allow the middle class to buy protection which once was the reserve of the rich
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BAE in $61 million contract to service MRAPs
The U.S. military buys more and more RG33 Mine Resistant Ambush Protected (MRAP) vehicles to defend U.S. soldiers from IEDs; there is a need to service these lumbering vehicles, and BAE receives a contract to do so
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More orders for AS&E's cargo screening vans bring in $4.7 million
Massachusetts-based AS&E’s popular Z Backscatter Vans are becoming more popular; company receives $4.7 million order for the “drive-by” scanning system, following several other orders in the past month
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More headlines
The long view
Not Just Beijing’s Doing: Market Factors Are Also Hitting Rare Earths Prices
Have depressed rare earths prices been engineered by the Chinese state to snuff out non-Chinese rivals before they get going? Or do they simply reflect a weak market, with demand rising more slowly than was expected by the promotors of a slew of new projects?
Emerging Threats to the U.S. Financial System
In early 2021, a freewheeling, freethinking group of investors on Reddit plowed their money into GameStop, a video game retailer that several big hedge funds had bet against. The stock price shot up, some people made millions—and, to the delight of those on Reddit, the hedge funds had some very bad days. Researchers saw the GameStop story as a cautionary tale. If investors on Reddit could work together to move the markets like that, what could an adversary like China do?