The National Homeland Security Knowledgebase Newsletter August 2005
Following the four suicide bombers that killed 52 people in three underground trains plus a bus, the July 21 failed bombings, and reports that the London financial area may the next target – Homelanddefensestocks.com and The National Homeland Security Knowledgebase present an audio interview with first hand perspective…
Follow Up on London Bombings:
Overview and Perspective on the London Bombings and Homeland Defense Sector.
Audio Interview with Jim Smith, Homeland Defense Business Correspondent for Jane’s Defence Weekly, MSNBC, BBC, and CNN
- www.HomelandDefenseStocks.com (HDS), an investor news portal for the homeland defense and security sector, is pleased to provide an online audio interview with Homeland Defense correspondent Jim Smith. Mr. Smith is a business defense correspondent and print journalist for the trade magazine Jane’s Defence Weekly, as well as being a frequent on-air television personality on MSNBC, CNN and the BBC discussing investment opportunities and financial activity within the defense, aerospace, and naval sectors.
During the interview, Mr. Smith, a resident of London, discussed the effect that the London bombings have had on the overall Homeland Defense industry, as well as the effect on the city’s populace and retail and transportation industries. In answer to the question of whether or not the financial community has become more accepting of terrorist activity, given that the market took considerably less time to self correct following the London bombings, Mr. Smith said, “The community is not getting used to terrorist activity so much as the fact that the media has not gone into the depth of coverage of the latest events that they did after 9/11 and indeed the Madrid bombings.”
In describing the effect that the London bombings have had on the City itself, Mr. Smith stated that, “Retail businesses in the vicinity of mass transit centers have experienced significant downfalls. People are still a bit jittery and are refusing to use mass transit. Therefore retail locations in the City center are seeing much less foot traffic than they are used to.”
To listen to Jim Smith’s Homeland Security industry overview, click here:
Additional News Headlines Following London Bombings:
London bombings fail to dent British air traffic
London - British airports operator BAA on Wednesday said it had handled a record 14.6 million passengers in July, despite the London bombings which nevertheless affected air traffic.
BAA, owner of seven British airports including Heathrow, Gatwick and Stansted, said that passenger numbers rose by 2.6 percent compared with July in 2004.
Full story: http://www.busrep.co.za/index.php?fArticleId=2831893
London bombs chemical suits call
More doctors should be trained in emergency response. Emergency personnel should be equipped with chemical protection suits so they can attend to people trapped after bombings quickly, experts say.
Assessments of what happened on July 7 in London, and what can be learned, are published in both the New England Journal of Medicine and Resuscitation.
Emergency vehicles should be equipped with chemical detectors, they add.
Full story: http://news.bbc.co.uk/1/hi/health/4141934.stm
Homeland Security Investment Update:
HomelandDefenseStocks.com Homeland Security Online Conference; Looking Back at the Progress and Obstacles; Tracking Trends in Technology & Funding Moving Forward
www.HomelandDefenseStocks.com Hosts Online Homeland Security Investor and Industry Conference September 21st, 2005
www.HomelandDefenseStocks.com (HDS), an investor news portal for the homeland defense and security sector, is pleased to announce its third online Homeland Security Investor Conference to be held live on September 21, 2005 and archived thereafter. The conference format will be an audio presentation and an accompanying PowerPoint presentation featuring industry analysts and experts, as well as presenting public companies. The HDS forum creates a venue for investors and industry to determine the winners as the market moves forward. As acts of terrorism continue, the forum will gain the expert opinions of its keynote speakers and industry participants as attempts are made to answer the questions - "Are we better prepared, and what gaps still need to be addressed?"
HDS plans to build on the previous success of their April 6th, 2005 HomelandDefenseStocks.com online conference, which was the largest online investor and industry conference in the sector, featuring six Industry speakers and fourteen Public Homeland Security Companies. Participating companies currently include: Aethlon Medical (OTCBB: AEMD), Law Enforcement Associates (AMEX: AID), and Markland Technologies (OTCBB: MRKL).
Homeland Security industry speakers include:
Mr. Brian Ruttenbur - Equity Research Analyst, Morgan Keegan & Co. Inc (http://www.morgankeegan.com): Homeland Security Technology - Brian Ruttenbur joined Morgan Keegan in June 2000. As Managing Director, Mr. Ruttenbur follows the homeland security technology sector. Prior to joining Morgan Keegan, he was a senior analyst with SunTrust Equitable Securities from November 1995 to May 2000. From August 1993 to March 1994, he was a staff consultant with Anderson Consulting. Mr. Ruttenbur holds a B.A. from the University of Tennessee, Knoxville and a M.A.S. from the University of Montana, Missoula. He also served as a commissioned officer in the United States Air Force.
Mr. Jack Mallon – Senior Managing Director: Mallon and Associates, Division of C.E. Unterberg, Towbin - Publisher of leading industry financial newsletter, Mallon’s Security Report http://www.mallonassociates.com
Mr. Mallon has more than 25 years of financial, legal and operational experience in the security industry. Before joining C.E. Unterberg, Towbin, he was the founder and managing director of Mallon Associates, an investment banking firm exclusively serving the Security & Crime Control Industry. The firm initiated, structured and advised on mergers & acquisitions, raised capital and performed industry research and strategic consulting services. Mr. Mallon also publishes Mallon’s Security Report, a quarterly financial newsletter providing information on investment opportunities, news and commentary on important transactions, events and executives in the security industry. He was a co-founder and President of IBI Security Service, Inc. a former public company engaged in alarm, guard and armored carrier services. As a member of the bars of the states of New York and Connecticut, he also performed legal services in the industry, representing security companies in labor and securities matters. Mr. Mallon commenced his work career as a journalist and was a police and investigative reporter for the New York Daily News while attending college and law school. He received his B.S. degree from Colombia University, a LLB (law degree) from St. John’s School of Law and did graduate work in securities and labor law at New York University Law School.
Forum/Conference link: /forums/Portals/homelanddefense3.aspx
Marketplace Update:
New Sponsor: CapitalSource - Financial Institutions/Funding:
http://www.capitalsource.com/industry_list.jsp?tpc_id=12&ind_id=23
The Security Lending group at CapitalSource provides senior and mezzanine loans from $1-50 million to US companies who protect life, property and the Homeland. Our security industry portfolio and target clients serve both the private and public sectors and are service, manufacturing and technology companies.
About CapitalSource:
CapitalSource (NYSE: CSE) is one of the leading commercial finance firms in the United States. The Company excels in situations that require extraordinary service, a high level of creativity, flexibility, insight and speed. By offering a broad array of financial products, CapitalSource has issued more than $7.6 billion in loan commitments. http://www.capitalsource.com/
Homeland Security News headlines Update:
Homeland Security panel seeks to create terrorism prevention center
News Tribune
Using from 20-30 current state employees, now working in different agencies, Missouri's new Homeland Security Advisory Council wants to launch a terrorism prevention center.
"By co-locating existing (analysts) under one roof, and getting them talking with each other and sharing information," said state Public Safety Director Mark James, "we believe it would greatly enhance our ability to identify potential activity, be it criminal or terrorist activity."
The idea is different from the current State Emergency Management Agency's communications center, which is activated only after an emergency occurs.
Full story: http://www.newstribune.com/articles/2005/08/11/news_state/0811050017.txt
Department of Homeland Security Announces Science & Technology’s 2005 Private Sector Conference in Atlanta, Georgia, August 22-25, 2005
For Immediate Release
Office of the Press Secretary
Contact: Donald Tighe, 202-282-8010
August 10, 2005: The Department of Homeland Security (DHS) Science and Technology (S&T) Directorate today announced it will be hosting its 2005 Private Sector Research and Development Conference August 22-25, 2005, in Atlanta, Georgia.
This conference will provide an opportunity for companies and entrepreneurs to gain a better understanding of the research, development, testing, and evaluation (RDT&E) needs of the Department; of the potential business opportunities in current and upcoming solicitations; and of the research and development priorities being addresses under DHS S&T sponsorship.
Full story: http://www.dhs.gov/dhspublic/display?content=4725
Security czar: More traveler ID no threat to privacy
USA TODAY: Homeland Security Secretary Michael Chertoff said yesterday that Americans need to ease their concerns about turning over personal information to the government - especially if they want to fly safe from terrorism.
Full story: http://www.tucsoncitizen.com/index.php?page=national&story_id=081005a1_chertoff
Department of Homeland Security and InfraGard National Members Alliance Establish Memorandum of Understanding
WASHINGTON--Aug. 8, 2005--InfraGard National Members Alliance (INMA) today announced it has struck an official Memorandum of Understanding (MOU) with the Department of Homeland Security (DHS) Private Sector Office (PSO) regarding a Strategic Partnership. The announcement was made at the 2005 "InfraGard Congress," InfraGard's annual business meeting, which is taking place today at the JW Marriott in Washington D.C.
The purpose of the MOU between InfraGard and DHS is to outline the objectives of a Strategic Partnership between the two parties, as well as their related roles and responsibilities. A Strategic Partnership between InfraGard and DHS will provide both organizations with the opportunity to develop and cultivate existing relationships between the government and the private sector in an effort to engage private sector subject matter experts for the protection of our nation's critical infrastructure.
Full story: http://biz.yahoo.com/bw/050808/85537.html?.v=1
Specialists fault mass transit security
Money, planning called inadequate
By Kaitlin Bell, Globe Correspondent | August 11, 2005
WASHINGTON -- Despite deadly terrorist bombings in London and Madrid, mass transit systems in the United States are scarcely more secure than they were before the Sept. 11 attacks and require at least 10 times the current federal funding to protect against future terrorism, transportation security specialists said yesterday
Full story: click here
Government Should Commit $1.2b to Transit Security, Report Says
Mass transit systems can better guard against terrorism by deploying more closed-circuit video and television surveillance systems at stations and within tunnels and fixed facilities, according to a new report from the Washington-based Center for American Progress.
The report, written by 9/11 Commission staff member Bill Johnstone, urges the Bush administration to provide substantially more funding for mass transit security--not just for improved surveillance capabilities, but also to sustain a greater police presence, accelerate development of explosive-substance detectors and incorporate security into future transit system design.
"Since transit systems are so open, perfect transit security is not possible, but better security most assuredly is," Johnstone wrote in the report.
Full story: http://www.rednova.com/news/display/?id=205183&source=r_technology
U.S. Department of Defense- Contracts Update – August 11th-
FOR RELEASE AT No. 823-05
August 11, 2005 CONTRACTS
NAVY
General Electric Engineering Services Inc., Cincinnati, Ohio, is being awarded a $23,176,635 modification to a previously awarded indefinite-delivery/indefinite-quantity contract (N00019-03-D-0013) to exercise an option for the standard depot level repair of T700-GE-401/401C turbo shaft engines, cold section modules, and power turbine modules. Work will be performed in Arkansas City, Kan., and is expected to be completed in August 2006. Contract funds will not expire at the end of the current fiscal year. The Naval Air Systems Command, Patuxent River, Md. is the contracting activity.
Titan Corp., Marlton, N.J., is being awarded a not-to-exceed $9,339,835 modification to a previously awarded cost-plus-fixed-fee contract (N00421-02-C-3206) to exercise an option for systems engineering services in support of the Maritime Surveillance Aircraft Team for the U.S. Navy and the Government of the Netherlands. Work will be performed at the Naval Air Warfare Center Aircraft Division, Patuxent River, Md., and is expected to be completed in September 2006. Contract funds will not expire at the end of the current fiscal year. This modification combines purchases for the U.S. Navy ($8,979,835; 96 percent) and the Government of the Netherlands ($360,000; 4 percent) under the Foreign Military Sales Program. The Naval Air Warfare Center Aircraft Division, Patuxent River, Md. is the contracting activity.
ARMY
CyTerra Corp., Waltham, Mass., was awarded on Aug. 10, 2005, a $13,576,578 increment as part of a $38,015,413 firm-fixed-price contract for AN/PSS-14 Mine Detecting Sets. Work will be performed in Orlando, Fla., and is expected to be completed by March 30, 2006. Contract funds will not expire at the end of the current fiscal year. This was a sole source contract initiated on June 27, 2005. The U.S. Army Communications-Electronics Command, Alexandria, Va., is the contracting activity (DAAB15-03-C-0025).
SRS-Kay & Kay Contracting L.L.C. (Joint Venture)*, Gallatin, Tenn., was awarded on Aug. 9, 2005, a $3,000,000 increment as part of a $7,980,760 firm-fixed-price contract for East Bank Approaches for two-lane highway and single track railroad bridges. Work will be performed in Grand Rivers, Ky., and is expected to be completed by March 11, 2007. Contract funds will not expire at the end of the current fiscal year. There were an unknown number of bids solicited via the World Wide Web on May 17, 2005, and three bids were received. The U.S. Army Corps of Engineers, Nashville, Tenn., is the contracting activity (W912P5-05-C-0007).
Southern Dredging Co. Inc.*, North Charleston, S.C., was awarded on Aug. 10, 2005, a $700,000 increment as part of a $6,178,700 firm-fixed-price contract for Maintenance Dredging of Wilmington Harbor. Work will be performed in Wilmington, N.C., and is expected to be completed by Jan. 15, 2006. Contract funds will not expire at the end of the current fiscal year. There were 15 bids solicited on June 28, 2005, and two bids were received. The U.S. Army Corps of Engineers, Wilmington, N.C., is the contracting activity (W912PM-05-C-0012).
Previous Contracts for August: http://www.defenselink.mil/contracts/
The National Homeland Security Knowledgebase domains: www.NationalHomelandSecurityKnowledgebase.com, www.HomelandSecurityKnowledgebase.com, www.TwoTigersOnline.com/resources.html
Additional Features:
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Related Portals: www.BorderAndPortSecurity.com, www.NonLethalStocks.com, www.BiodefenseStocks.com
Contact: http://www.TwoTigersOnline.com/contact.html
Disclaimer: /About/Disclaimer.asp
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Dawn Van Zant Toll free: 800-665-0411
Email: dvanzant@HomelandDefenseStocks.com
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