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Company Tech News as it Breaks

Defense Industry News

Tuesday, May 14, 2013

  • Posted at 8:49 AM
    PENNSAUKEN, NJ -- (Marketwired) -- 05/14/13 -- In the news release, "Lattice Announces Financial Results for the First Quarter," issued earlier today by Lattice Incorporated (OTCQB: LTTC), we are advised by the company that instances of "fiscal year" should instead read as "first quarter." Complete corrected text follows. Lattice Announces Financial Results for the First Quarter Company EBITDA-Positive in First Quarter; Anticipates Positive Net Income in Second Quarter; Conference Call Today, May 14 at 2 p.m. ET PENNSAUKEN, NJ -- May 14, ... read more
  • Posted at 8:15 AM
    ITT Exelis (NYSE: XLS) has been awarded a contract from the Naval Surface Warfare Center – Crane to supply up to 4500 Generation 3 high performance advanced image intensifier tubes to be used in existing ground and aviation night vision devices for the United ... read more
  • Posted at 7:44 AM
    J. David Cox Sr., national president of the American Federation of Government Employees, today issued the following statement in reaction to the Department of Defense's plan to furlough civilian federal employees: "The administration's latest furlough announcement, 11 days for Department of Defense civilians, is absolutely outrageous. It is well-known that the Army spent $2.5 billion more on service contracts than it was allowed under law, a sum that could have been, and more important, should have been used to offset ... read more
  • Posted at 7:26 AM
    Americans for Legal Immigration PAC is encouraging the Associated Press to simply remove the term "illegal wiretap" from their stylebook to remedy their difficulties with Department of Justice phone surveillance of their employees. The Associated Press was recently ridiculed nationally for ruling that the term "illegal immigrant" would be removed from their stylebook and likely disallowed in articles their wire service would carry just days before legislation granting Amnesty to millions of illegal immigrants was filed in the U.S. Senate. "The Associated ... read more
  • Posted at 7:09 AM
    PENNSAUKEN, NJ -- (Marketwired) -- 05/14/13 -- Lattice Incorporated (OTCQB: LTTC) ("Lattice" or the "Company"), a provider of advanced information and communications technology solutions to customers globally, announced its financial results for the first quarter ended March 31, 2013. Fiscal Year Financial Highlights: Revenue increased 4.8% to $2.2 million, compared to $2.1 million in the first quarter of 2012. Company reported positive EBITDA of $107,480 for the quarter Additional information may be found in the Company's 10-Q filing with the ... read more
  • Gaggle Extends Its Commitment for Student Safety --- BLOOMINGTON, Ill., May 14, 2013
    Posted at 7:00 AM
    In July 2012, Gaggle announced it was including its Human Monitoring Service (HMS) as a part of its subscription service in order to better protect students and allow educators to focus on teaching. Gaggle is now extending the safety and security of our Human Monitoring System to 24 hours per day, seven days a week. (Logo: http://photos.prnewswire.com/prnh/20120126/CG42426LOGO) Gaggle's HMS is credited with uncovering drug use, bullying, and threats of school violence, teen depression, suicidal intentions, and abusive domestic situations. ... read more
  • Posted at 7:00 AM
    Today, Black Hat, the world's leading family of information security events, announced that Gen. Keith Alexander -- Commander, U.S. Cyber Command/Director, National Security Agency/Chief, Central Security Service (NSA/CSS) -- will present the Day One keynote address at Black Hat USA 2013. Black Hat USA will take place July 27 - August 1, 2013, at Caesar's Palace in Las Vegas. For more information and to sign up for early registration by May 31, please visit http://www.blackhat.com/us-13/. (Logo: http://photos.prnewswire.com/prnh/20130514/SF13260LOGO) A highly regarded ... read more
  • Posted at 6:45 AM
    This year is the organization's 26(th) anniversary demonstration in support of POW/MIA and veterans' issues. Speakers for this year include Rep. Reid Ribble (R-WI 8); Rep. Jon Runyan (R-NJ 3); LTC. Andras Marton, Iraq/Afghanistan Veteran; Lynn O'Shea, director of research for the National Alliance of Families; Veteran's advocate Nikki Mendicino and other supporters of Rolling Thunder(®), Inc. and the POW/MIA issue. A lineup of celebrity entertainers is slated to provide a fitting musical tribute, including the Loch Rannoch Pipes & ... read more
  • Posted at 6:30 AM
    ARES Security Corporation, an enterprise security risk management solutions company, has been invited to kick off the World Institute for Nuclear Security's (WINS) Modeling and Simulation for Design and Assessment of Nuclear Security Systems workshop that will be held on May 14-16 in Vienna, Austria. ARES Security will deliver a presentation titled, "The Context of Modeling and Simulation within the Nuclear Security Program" that has been prepared in conjunction with one of their customers, Bruce Power; the world's largest ... read more
  • Posted at 6:24 AM
    The United States Commission on Civil Rights announces that it has released the transcripts for the briefing held on January 11, 2013 on the topic of Sexual Assault in the Military and the August 17, 2012 field briefing on the Civil Rights Effects of State Immigration Laws. The briefing transcripts are available to the public on our website at: http://www.usccr.gov/calendar/transcripts.php. (Logo: http://photos.prnewswire.com/prnh/20110524/DC08224LOGO) Commission Chairman Martin R. Castro stated, "Recent events surrounding national immigration reform and concerns over sexual assault crimes ... read more
  • Posted at 6:17 AM
    In the table titled “Goodwill Impairment Charge Per Share,” the “Three Months Ended” date should read: March 31, 2013 (sted April 1, 2011). The corrected release reads: SYPRIS REPORTS FIRST QUARTER RESULTS ... read more
  • Posted at 6:00 AM
    Fixmo, a leading provider of mobile security and risk management solutions for the public and private sectors, today announced that its defense-grade enterprise mobility solutions will be used to enable the secure and compliant use of Samsung Knox devices within the U.S. Department of ... read more
  • Posted at 6:00 AM
    IRVINE, CA -- (Marketwired) -- 05/14/13 -- Cylance, Inc., a global cybersecurity technology and services company, applying science to security, today announced the expansion of its executive team with Holly Whalen leading as Vice President of Global Sales and Paul Wilcox as APAC GM & Regional Director. These exceptional additions further Cylance's global expansion of its Presponse™ security approach and continue its emphasis on quality -- people, security intelligence and customer value. Today's advanced threats target everyone with a computer ... read more
  • Posted at 6:00 AM
    LONDON and SAN FRANCISCO, CA -- (Marketwired) -- 05/14/13 -- The public sector's shift towards innovative cloud technologies has accelerated in the last year as Huddle today announced a record year for public sector contracts worldwide. Providing secure content collaboration for governments, Huddle increased the number of deals secured with public sector organizations by more than a quarter (26 per cent) year on year. Huddle users now include the Commonwealth Secretariat, European Commission, U.S. Department of Justice, Federal Aviation ... read more
  • Posted at 5:45 AM
    CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE MKT: CVU) today announced that its President & CEO, Edward Fred, will present at the B. Riley & Co. 14th Annual Investor Conference, on Tuesday, May 21, 2013 at 10:00 am PT / 1:00 pm ET at the Loews Santa Monica Beach Hotel in ... read more
  • Posted at 5:43 AM
    DHA Group, Inc. (www.dha-inc.com), an award-winning management consulting and contracting firm serving the federal government, announced today that it is a subcontractor on the Department of Commerce U.S. Patent and Trademark Office (USPTO) Information Technology Security Facilitation Support contract awarded to prime contractor Missing Link Security, a certified, veteran-owned small business specializing in information technology security support to government and private industry. DHA Group is assessing and testing the security controls of approximately 38 USPTO master systems under the terms ... read more
  • Posted at 5:30 AM
    Raytheon Company (NYSE: RTN) has delivered two electronic attack payloads in support of the U.S. Army's Networked Electronic Warfare, Remotely Operated (NERO) system. The payloads were delivered as part of a contract awarded by the U.S. Navy NAVSEA-Crane in 2012. NERO is utilized on the Army's MQ-1C Gray Eagle UAS (Umanned Aircraft System) as an airborne electronic attack system capable of jamming enemy communications systems. The NERO system builds on the success of the Army's Communications Electronic Attack with Surveillance and ... read more
  • Posted at 5:30 AM
    Homeland Security Corporation (HSCC, the Company) (OTC: HSCC), a security technology company announced today the acquisition of all the security and biometric assets of Sense Security Technologies. Sense Technologies is a custom developer and solution provider of integrated hardware and proprietary software targeting the Transportation, Pharmaceutical, Law Enforcement, Healthcare, Travel and Tourism, Time and Attendance, Access Control, and Medical Marijuana Industries, including various State marijuana security/compliance markets. On March 18(th) the company announced it had formed a joint venture with Sense ... read more
  • Posted at 5:00 AM
    Technology limitations currently limit laser power output, but work in the US and Europe is progressing to the point where laser-based weapons have demonstrated their viability as the underpinnings of directed energy systems. The Strategy Analytics Advanced Defense Systems (ADS) service report, "Lasers Building Momentum as Viable Directed Energy Systems; High Power RF Holds Promise in Non-Lethals," details some examples of laser-based systems being developed for air defense systems, as alternative or in addition to conventional systems. (Logo: http://photos.prnewswire.com/prnh/20130207/NE56457LOGO-b ) The report ... read more
  • Posted at 5:00 AM
    Raytheon Company's (NYSE: RTN) Evolved SeaSparrow Missile (ESSM) destroyed a high-diving, supersonic threat during a recent firing from the U.S. Navy's Self-Defense Test Ship. "The success of this firing, highlighted by a skin-to-skin intercept, is a direct result of a series of enhancements to what is truly an international missile," said Rick Nelson, vice president of Raytheon Missile Systems' Naval and Area Mission Defense product line. "Thanks to our multinational team's commitment to continuous improvement, each consortium member gains valuable protection ... read more