Archive: Market Sectors

Raytheon Sells Oil Extraction Technology To Schlumberger

Raytheon [RTN] yesterday said it has sold intellectual property it has developed that combines radio frequency and critical fluids (CF) technologies for oil extraction to oilfield services provider Schlumberger [SLB] for an undisclosed amount. Under the deal terms, Raytheon will receive royalty payments from Schlumberger if and when the company is able to make money […]

Verint’s Networked Video Solution Receives SAFETY Act Approval

Verint Systems Inc. [VRNT] says its Nextiva networked intelligent video solution has received SAFETY Act certification. “This certification validates Verint’s critical role in the fight against terrorism and is further evidence to our government customers that Nextiva meets the highest possible quality standards for securing people, assets and critical infrastructure,” says Jim Clark, senior vice […]

UDT Receives Purchase Order for Plague Detection Kits

Universal Detection Technology [UDTT] received a purchase order from Security Solutions International (SSI) for the company’s plague detection kits. SSI will showcase the kits at seminars and conferences where it will be providing counter-terrorism training and education to law enforcement, Army, and emergency responder personnel. Separately, UDT says it provided training in bio-terrorism detection at […]

Sea Launch Returns To Operations With Liftoff of Satellite For Thuraya

By Dave Ahearn Sea Launch placed a satellite in orbit, marking a resurrection of the space firm following a disastrous rocket explosion early last year that destroyed a satellite payload. The Sea Launch win last week marked the end of a long comeback trail for the company, which fires rockets off a sea-going platform that, […]

Telephonics to Provide Mobile Surveillance System to CBP

Telephonics Corp., a subsidiary of the Griffon Corp. [GFF], received a $14.5 million contract from the General Services Administration to supply its Mobile Surveillance Systems to Customs and Border Protection for border security applications. The integrated surveillance system includes a ground surveillance radar, electro- optical/infrared sensors, and accurate GPS location data along with a common […]

DNDO Issues Several Announcements

The Domestic Nuclear Detection Office (DNDO) for exploratory detection research, nuclear forensics and academic research. Under Broad Agency Announcement (BAA) 08-101, DNDO is seeking proposals from private industry, academic institutions and non-profit organizations for exploratory research for nuclear detection technology that may lead to a dramatic improvement in national capabilities in nuclear/radiological detection, verification and […]

General Dynamics Canada Achieves CMMI Level 5

General Dynamics [GD] Canada Jan. 21 announced it has achieved Capability Maturity Model Integration (CMMI) Level 5, the highest rating available from the Software Engineering Institute (SEI). The company’s announcement follows recent completion of rigorous and independent evaluation of the company’s Ottawa and Calgary operations. As a result, General Dynamics Canada joins a select group […]

PharmAthene Expects up to $1.6M for Anthrax Therapeutic

PharmAthene, Inc. [PIP] expects to receive up to $1.6 million from the Pentagon for continued development of its Anthrax therapeutic Valortim after Congress included the funds in the FY ’08 Defense Appropriations Act. Preclinical studies of Valortim have shown that the drug could be used as a prophylactic-post exposure but prior to the emergence of […]

Norfolk Area Ports to get Two High Energy Container Inspection Systems

NORFOLK, Va.-Customs and Border Protection (CBP), as part of a larger purchase of new high-energy container inspection X-Ray systems, is expected to supply two of the systems for use at the Port of Virginia for improved container security. CBP currently operates two mobile VACIS systems supplied by Science Applications International Corp. [SAI] at the various […]

Lockheed Martin Delivers Third RMMV To Navy

Lockheed Martin [LMT] this month delivered the third production Remote Multi-Mission Vehicle (RMMV) to the Navy, increasing the mine countermeasures capability for both DDG-51 Arleigh Burke class destroyers and the Littoral Combat Ship (LCS), the company said. The first and second RMMV were delivered to the Navy in April and August 2007, respectively, the company […]