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Aussie explosive maker reports healthy returns
Melbourne-based Orica is the world’s largest industrial explosives maker — and also the world’s largest producer of explosives used in land mines; results for the first half of 2009 shows increase of 15 percent in profit before one-time charges
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Alion awarded $8.5 million U.S. Air Force contract
Virginia-based employee-owned specialist awarded a follow-on contract to design and maintain a Web-based system that reports, assesses, and predicts Air Force readiness levels
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ID scheme looks at gaining access
Australia’s Centrelink agency has around 26,000 employees and administered more than $70 billion in payments and services to millions of customers annually; the agency has just developed a a more reliable ID authentication solution
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Lockheed intensifies efforts to sell Turkey missile defense systems
Turkey lives in a dangerous neighborhood; the accelerated pace of missile development by Iran has not gone unnoticed in Ankara, and Turkey wants to invest $4 billion in buying a missile defense system; Lockheed Martin teams up with Raytheon to win the contract
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U.K. government in £100 million scheme to promote new ideas, products
U.K. government launches a new 100 million scheme — the Small Business Research Initiative — to encourage public-sector organizations to invite British companies to submit ideas and develop technologies, which the public-sector organization could then buy to help improve public services
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Travel ban will not meaningfully slow spread of epidemic
Computer modelers say that travel restrictions will do more harm (economic damage) than good (slow the spread of the flu); prevention and treatment are better measures
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DARPA awards Lockheed $399.9 million for blimp
Lockheed Martin, the world’s largest defense contractor, receives nearly $400 million from the Pentagon to develop a blimp-carrying radar; the radar would be about 6,000 square meters (7,176 square yards) in size
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Northrop Grumman acquires KillerBee UAV line from Swift
The KillerBees are blended wing-body UAVs offered in sizes ranging from 6.5 feet to 33.2 feet in wingspan; NG changes name from KillerBee to Bat
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Dutch flying car company, well, takes off
Dutch flying car company PAL-V is gearing up for market launch of its flying car; it is Europe’s response to Massachusetts-based Terrafugia’s Transition
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Current swine flu is the inevitable result of modern farming methods
The current swine flu outbreak is not yet two weeks old and conspiracy theorists already ascribe it to genetic engineering by clever bioterrorists; the truth is more prosaic: there are more than one billion pigs and more than 70 billion chickens raised every year for human consumption; modern, industrial animal farming methods make the creation of new virus types — what scientists call “reassortment” — inevitable
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Virulent H5N1 mistakenly mixed with H3N2
Austrian branch of vaccine company Baxter sent a batch of ordinary human H3N2 flu to Avir lab, also in Austria; a Czech affiliate of Avir conducted tests on ferrets, which died; investigation shows that the H3N2 batch contained live virulent H5N1 virus
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GE sells its Homeland Protection business to Safran for $580 million
Following 9/11, GE acquired Ion Track (2002) for an undisclosed sum and InVision Technologies for $900 million (2004); the Homeland Protection unit had revenue of $260 million last year, which GE saw as disappointing; CEO of French company Safran: We want to become “a pivotal player in the security market”
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U.K. government drops central database scheme
Burden of storing communication logs will now fall to ISPs
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A lost or stolen laptop costs companies nearly $50,000
A company may pay $1,000-$2,000 for a laptop computer for one of its employees; if the employee lost the laptop or it was stolen, the cost to the employer would average $49,246
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Financial crisis offers opportunities for start-ups
A world of failing corporate titans and changing government policy is chaotic, but chaos creates opportunity and leaner times bring focus; savvy and nimble start-ups are in a position to exploit the situation
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The long view
Need for National Information Clearinghouse for Cybercrime Data, Categorization of Cybercrimes: Report
There is an acute need for the U.S. to address its lack of overall governance and coordination of cybercrime statistics. A new report recommends that relevant federal agencies create or designate a national information clearinghouse to draw information from multiple sources of cybercrime data and establish connections to assist in criminal investigations.
Trying to “Bring Back” Manufacturing Jobs Is a Fool’s Errand
Advocates of recent populist policies like to focus on the supposed demise of manufacturing that occurred after the 1970s, but that focus is misleading. The populists’ bleak economic narrative ignores the truth that the service sector has always been a major driver of America’s success, for decades, even more so than manufacturing. Trying to “bring back” manufacturing jobs, through harmful tariffs or other industrial policies, is destined to end badly for Americans. It makes about as much sense as trying to “bring back” all those farm jobs we had before the 1870s.
The Potential Impact of Seabed Mining on Critical Mineral Supply Chains and Global Geopolitics
The potential emergence of a seabed mining industry has important ramifications for the diversification of critical mineral supply chains, revenues for developing nations with substantial terrestrial mining sectors, and global geopolitics.
Are We Ready for a ‘DeepSeek for Bioweapons’?
Anthropic’s Claude 4 is a warning sign: AI that can help build bioweapons is coming, and could be widely available soon. Steven Adler writes that we need to be prepared for the consequences: “like a freely downloadable ‘DeepSeek for bioweapons,’ available across the internet, loadable to the computer of any amateur scientist who wishes to cause mass harm. With Anthropic’s Claude Opus 4 having finally triggered this level of safety risk, the clock is now ticking.”