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BAE Systems shows robust 2008 financial results
Europe’s largest defense contractor sees profits for 2008 rise by 93 percent to £1.7 billion from £901 million a year earlier; sales were up 18 percent to £18.5 billion, and full-year earnings before interest, tax, and amortization rose to £1.9 billion — a 30.9 percent increase on the previous year.
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BriefCam video synopsis integrated in Pelco's DVR
BriefCam’s technology integrated with Pelco’s DX8100 series of digital video recorders; solution allows for one day of surveillance camera footage to be summarized into as little as a few minutes
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Microsoft offers reward for catching worm creator
Microsoft offered a reward of $250,000 to find who is behind the Downadup/Conficker virus; since it started circulating in October 2008 the Conficker worm has managed to infect millions of Windows computers
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Carnegie Mellon to join new biometrics center
Aim of the new center — called Center for Academic Studies In Identity Sciences (CASIS) — is to provide the U.S. intelligence community with a pool of talented researchers in biometrics
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L-1 Identity Solutions reports Q4 and 2008 results
Revenue for the Q4 2008 increased to $147.5 million compared to $113.9 million in Q4 2007; revenue for the twelve months ending 31 December 2008 was $562.9 million compared with $389.5 million for the twelve months ending 31 December 2007
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Raytheon offers airborne radar for India's homeland security
India is paying more attention — much more attention — to homeland security in the wake of the November 2008 Mumbai bombing; among the first priorities is securing the very long coast lines of the country; Raytheon, already a presence in India, stands to benefit
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Growing crime in Central America boon to private security companies
A combination of a dramatic increase in crime — from drug-related murders to kidnapping for ransom — and a growing perception that government agencies cannot or would not do much about it, have led to a boom for private security companies in Central and Latin America
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MRAPs keep soldiers safe from mines, IEDs on battlefield
The Obama administration wants to send tens of thousands of additional U.S. troops to Afghanistan; these troops will need protection from land mines and IEDs; Force Protection, a company producing Mine Resistant Ambush Protected (MARP) vehicles, stands to benefit
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Bolstering cyber defense
Against the backdrop of tens of thousands of reported attacks and breaches of government and private computer systems each year, Cobham’s subsidiary awarded a $8.6 million contract to develop cybersecurity test and evaluation technology
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Growing interest in flexible display -- for both soldiering and profit
U.S. Army invests $50 million in flexible displays, bringing its total investment since 2004 to $100 million; flexible displays are paper-thin electronic screens that can be bent, mounted onto objects, and sewn into clothing
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Airport screening machines to stimulate the U.S. economy?
A $500 million piece of the proposed economic stimulus plan
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Biometric system on trial for airport security
Unisys to install iris recognition devices at Australian airports; authorities want to speed up security checks of passengers
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General Dynamics 4Q profit rises nearly 6 percent
The defense and homeland security sectors appear relatively immune during the turmoil that has engulfed the broader economy; GD 4Q profit rises
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Check Point releases impressive FY2008, Q4 2008 financial results
IT security company Check Point release financial results for Q4 2008 and FY 2008; revenue increase 11 percent to $808.5 million; GAAP operating income was $356.5 million
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Certicom agrees to takeover by VeriSign
VeriSign’s $92 million bid is 40 percent higher than RIM’s failed hostile offer of $66 million
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