Security News Archives

WESTOVER, Md. Officials at the Maryland Department of Public Safety and Correctional Services say it appears a drug overdose caused the death of an inmate at the Eastern Correctional Institution in Westover. via WJZ Baltimore, Maryland News Weather

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“We are excited to continue production of CTOL engines and enter into production of the STOVL propulsion system”

This contract is for long lead-time material covering sixteen F135 engines supporting twelve production F-35 aircraft for Low Rate Initial Production 2 . LRIP 2 includes six conventional take-off and landing ... via Earth Times

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“But the market is really waiting to see what economic data will indicate for the more recent history - August - and will try and read into the tea leaves what the Fed will do next.”

US stocks fell overnight after data showed the number of unsold homes reached its highest level in more than 15 years in July, adding to concerns about the housing market and consumer spending. via News.com.au

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“We're erring on the high side of caution, so we've issued a user's advisory”

The NYPD has recalled an estimated 30,000 emergency devices designed to help cops breathe after a terrorist blast, because the manufacturer warned they might be defective, The Post has learned. via FireHouse.com

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“It's disturbing in as much as we have this inventory that has to be worked off before the housing market can recover”

Stocks slipped on Monday after data showing inventories of unsold single-family homes rose to the highest level in more than 15 years last month fueled concern about the outlook for the economy. via WNED.org

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“This recovery underscores LoJack's ability to deliver a powerful, proven system that helps fight vehicle theft both within country borders and beyond”

LoJack Corporation today announced its Stolen Vehicle Recovery System led Italian police to recover a Lamborghini that was purchased in and stolen in . via Telematics Journal

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“We wanted somebody who is well respected in the community.”

Eddie Compass, the former New Orleans police superintendent who resigned under pressure a month after Hurricane Katrina, cutting short a storied career, has been named the security chief of the Recovery School ... via Times-Picayune

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A study sponsored in part by Hartford-based United Technologies Corp. suggests that the costs of environmentally friendly construction are dramatically lower than previously believed. via Manufacturing.net

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NSW Prison officers have foiled an escape attempt by one of nine terrorism suspects held on remand at Lithgow Correctional Centre. via The Age

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“Governor Baldacci, Senator Collins and Representative Allen continue to demonstrate their commitment to a strong national defense by supporting key defense programs such as the C-17 Globemaster III, KC-767 Advanced Tanker and the F-22 Raptor”

Governor Baldacci, Senator Collins and Representative Allen Recognize Pratt & Whitney for $1.3 Billion Fighter Engine Contract NORTH BERWICK.- Maine Gov. via WebWire

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Cornell Announces Plan to Reopen Hector Garza Treatment Center Raises Guidance for the Second Half of 2007 Last Update: 9:01 AM ET Aug 20, 2007 ... via The Real Cost of Prisons Weblog

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(CP) - Boxer Dave Hilton is back in police custody and is in trouble after failing to return to a halfway house last week.

Hilton, 43, was considered by the Correctional Service of Canada to be unlawfully at large while on parole. Montreal police, acting on a tip, arrested Hilton on Monday afternoon. Police spokeswoman Anie Lemieux said he did not resist arrest.

In 2001, Hilton was convicted of sexually assaulting his daughters when they were teenagers but he was granted parole after serving two-thirds of his sentence. Read more

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“It's a cookie-cutter approach”

Officials have scheduled a groundbreaking ceremony Thursday for a $105 million private prison to be built in Natchez. via The Clarion-Ledger

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“When you have adverse risks, these devices allow health care providers to intervene before an episode occurs”

Terror plots, airport security breaches and identify theft have become familiar fears in today's post-9/11 world.

And if that weren't worrisome enough, ongoing threats of violent crimes, home invasions and carjackings are keeping consumers and businesses on edge.

That's proved a boon for companies in IBD's security and safety stock group, which as of Friday ranked No. 38 among IBD's 197 industry segments .

As the Iraq War drives sales of military protective gear, ordinary crime is fueling demand for products such as Taser devices, surveillance systems, vehicle recovery systems and scanning systems. Read more

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Cheshire _ A national security company will donate to charity after distributing brochures in the Cheshire neighborhood where members of the Petit family were killed during a home invasion last month. via WTNH

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“They certainly have added some new product lines that should benefit the top and bottom line and diversify the company more effectively down the line”

When Richard Riley tookthe helm at LoJack (LOJN) last November, the company was in the midst of an overhaul he helped launch.

So Riley was well-prepared for the top job at the world's No. 1 provider of tracking and recovery systems for vehicles and other stolen property. He joined the company as president and chief operating officer in February 2005. At the outset he teamed up with Joseph Abely, then LoJack's CEO, to transform the company's culture and direction.

LoJack has been on a fast track since. From 2005 to 2007, earnings have grown at a 28% average annual clip, and sales by 19%. In the second quarter, earnings rose 21% from the prior year to 35 cents share. Sales grew 3% to $58.2 million. Analysts polled by Thomson Financial see full year earnings rising 28% to $1.20 a share, then another 12% in 2008. Read more

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“Under Scott's stewardship, the Products Group has built a proven track record of success”

Scott O'Brien has been named president of BAE Systems' Products Group business, based in Jacksonville, Florida. via WebWire

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BALTIMORE The second-in-command at the Maryland Department of Public Safety and Correctional Services is leaving to take a job in Louisiana. via WJZ Baltimore, Maryland News Weather

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Aug 15, 2007 , MINNEAPOLIS -- The family of murder victim Teri Lee has sued ADT Security Services arguing the system installed in Lee's home failed the night her ex-boyfriend entered the house and killed Lee ... via Security Sales & Integration

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Medical device maker and diversified health care company Covidien Ltd., which split from Tyco International late June, said Thursday it swung to a fiscal third-quarter loss after booking a hefty charge related ... via Canadian Business Magazine

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“We're searching out those who instigated the disturbance”

You get what you pay for, Part 2: Disturbance involves hundreds of Mineral Wells inmates at private prison As though to celebrate the decision, within hours yesterday after the Parker County Commissioners Court ... via Grits for Breakfast

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“So, Mattel has to pay $30 million to recall the lead-tainted toys . Is that still less than what they would have to invest to produce their merchandise here in the States, employing our citizens with family-wage jobs?.”

In the last decade, states have been coming down harder on crime and that's caused a prison population explosion. via APM's Marketplace

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Pratt & Whitney Rocketdyne, a provider of propulsion products and a business unit of United Technologies Corp , announced on Monday that the company has signed a USD975m contract extension with NASA to continue ... via M2.com

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“Interims have massively exceeded market expectations. On our new, tentative forecast the shares are trading at 12.5 times 2008 (predictions).”

Its continuing push into the US defence market helped BAE Systems yesterday to post an analyst-beating rise in operating profits for the first half. via The Herald

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HARTFORD, Conn. _ United Technologies Corp. on Thursday reaffirmed its revenue guidance of $53 billion this year and earnings per share in the range of $4.15 to $4.25. Greg Hayes, vice president of accounting ... via Newsday.com

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“Bob Welding brings a wealth of experience at the highest levels in global businesses, and will prove an invaluable resource as a member of the Cooper Tire & Rubber Board of Directors and as Cooper grows its own business around the world.”

Robert D. Welding Named Director of Cooper Tire & Rubber Company - Auto News from August 3, 2007 FINDLAY, Ohio, Aug. via Automotive

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