Companies / JVs / Partnerships

BAE moves into radiation detection
Natural diamonds have been used for UV detection since the 1920s, but high purity single crystal diamond with excellent bulk uniformity is a new development, opening new markets for the technology
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BAE shows strong results for first half of 2008
Large defense and security contractor reports rise in revenue in first half of 2008 to £727.4 million from £638.8 million a year earlier, with underlying operating profit up 19.8 percent to £55.1 million
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Raytheon reaches 300th RAID system
A Raytheon’s milestone: The Rapid Aerostat Initial Deployment (RAID) system provides surveillance support for use in both war and peacetime; the U.S. army now has three hundred of them
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Briefly noted
Decision in Defense procurement case could set precedent… Elbit completes acquisition of Innovative Concepts for $15 million… Huntsville grows into major explosives hub
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Businesses to increase IT security budgets
Ernst & Young finds that at least 50 percent of companies are set to increase their IT budgets, the current financial difficulties notwithstanding
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HHS offers legal shield to anthrax manufacturers, distributors
The U.S. Department of Health and Human Services offers legal shield to manufacturers and distributors of anthrax vaccines and treatments under a “public health emergency” to be in effect until the end of 2015
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DHS to use TeraView's terahertz technology in chemical detection
Goodrich chose U.K. terahertz technology specialist TeraView for developing a DHS-sponsored chemical detection system for government and public buildings, and on the battlefield
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Briefly noted
Iraqi military looks at unmanned air force… Iraqi brass confirm interest in F-16s, armed Helos… Lockheed Martin establishes Center for Cyber Security Innovation… Nuke detection is latest fallout from Georgia war
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Heron UAV delivered to Canadian forces in Afghanistan
Israel Aerospace Industries deliver Heron UAV to Canada; delivery is part of part of a $85 million contract
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Briefly noted
Quantum cryptography: As awesome as it is pointless… Smiths Detection wins $26.7 million TSA order for advanced checkpoint X-ray systems… Motorola sells biometrics arm to Safran… Aussie government approves ProtectDrive for government use
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GSC announces six finalists for 13 November event
The Global Security Challenge has announced the six finalists for the competition to be held 13 November; winner will receive $500,000 grant in cash and mentorship from venture capitalists
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Thales opens European security center
More than 25 percent of Thales’s revenues come from its security systems, which totalled approximately €3.4 billion in 2007; the French giant launches a security research center dedicated to homeland security
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California IT security company adds 225 jobs in Ann Arbor expansion
Ann Arbor, Michigan, is attracting more and more IT security companies; half a dozen IT companies have already announced expansions in the Ann Arbor region this year, and their plans for Ann Arbor include the addition of nearly 1,200 jobs in the coming years
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Technology start-ups, investment, and the financial crisis
The U.S. financial crisis need not spell doom for technology start-ups, says Kevin Maney; one of the main reasons: “The cost of starting a tech company has dropped precipitously, thanks to cheaper/better/faster technology”
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Coast Guard chooses new patrol boat
Years after Congress urged the U.S. Coast Guard to speed up its patrol boat replacement program, the service finally picked a design and a shipbuilder for its new cutters; the winner: Bollinger Shipyards
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