Archive: Market Sectors

Magal Receives $45M for Critical Infrastructure Protection

Magal Security Systems, Ltd. [MAGS] has received a series of orders valued at $45 million for a turnkey project to protect critical infrastructure. The project combines fence perimeter protection systems, access control systems and CCTV products. “The orders are an important milestone in the implementation of our growth strategy, which emphasizes the provision of turnkey […]

Cross Match Adds Mobile, Wireless Capability with Labcal Purchase

Expanding its capabilities into a new area, Cross Match Technologies has acquired Canada’s Labcal Technologies Inc., a developer and supplier of a ruggedized mobile and wireless handheld authentication device that reads fingerprints and various types of identification cards, instantly giving Cross Match a play in emerging and evolving credential programs. Terms of the deal were […]

SRA Posts Higher Earnings, Sales In Second Quarter

SRA International [SRX] yesterday reported higher second quarter earnings and sales, which were driven largely by acquisitions. Net income increased 8 percent to $18 million, 30 cents earnings per share (EPS), compared to $16.7 million (29 cents EPS), a year ago, nipping consensus estimates by a penny. A year ago the sale of a business […]

SRA Nabs $18M DHS Award to Support ICE

SRA International [SRX] received a potential three-year, $17.9 million contract from the Department of Homeland Security’s (DHS) Immigration and Customs Enforcement (ICE) branch to provide law enforcement analysis and information technology (IT) support services for the Office of Investigations. The contract was awarded in December. SRA will provide a professional services staff augmentation team of […]

FLO Aggressively Market RT, Still Aims for Airport Wins

FLO Corp. [FLRP], the Registered Traveler (RT) service provider that hasn’t had much luck in getting airports to sponsor its service, is aggressively going after members and plans to keep vying in airport competitions for the exclusive right to open its own RT lanes, a company executive tells TR2. Last year FLO was selected by […]

Navy Issues Notice For LCS Buy For FY ’08, ’09 Ships

By Geoff Fein The Navy Friday issued a presolicitation notice for FY ’08 and FY ’09 procurement of the Littoral Combat Ship (LCS). These are the first procurement announcements for LCS since both General Dynamics [GD] and Lockheed Martin [LMT] saw contracts for their second ships terminated, after the Navy and the companies were unable […]

L-1 Receives $6.3M in Order for Passport Printers

The Department of State has awarded L-1 Identity Solutions [ID] $6.3 million in new purchase orders for passport printers to help the department produce and estimated 22 million passports this year. The new printers are expected to be in operation in June in the Arizona and Arkansas Passport Centers. “These orders demonstrate the continued confidence […]

JFCOM Lays Out 2008 Plans for Noble Resolve

The U.S. Joint Forces Command (JFCOM) and U.S Northern Command (NORTHCOM) has begun planning for this year’s experimentation campaign for homeland defense and military support of civilian authorities, with a focus on five key areas. The five focus areas for Noble Resolve this year are information sharing, maritime domain awareness, counter-weapons of mass destruction (WMD), […]

Boeing Awaits Decision On AMF JTRS

By Ann Roosevelt This week, Boeing [BA] officials expect to receive the request for the final proposal revision in its competition with Lockheed Martin [LMT] for the military’s next generation Airborne Maritime and Fixed Station Joint Tactical Radio System (JTRS AMF). The Defense Department FY ’09 budget requests $834.6 million in research, development, test and […]

CBP Awards Small Contract to Computerize Workers’ Comp Claims

MicroPact received a $300,000 contract from Customs and Border Protection (CBP) to provide its entelliTrak Workers’ Compensation software to computerize workers’ compensation claims. MicroPact says its software will cut processing time to a “fraction” of what it takes CBP to file and process claims manually. The new software will allow CBP employees to file claims […]