POINT ROBERTS, Wash., Dec. 11, 2003 (PRIMEZONE)-- Homelanddefensestocks.com, a global investment research portal for the Homeland Defense and Security Sector is pleased to provide an updated list of research and listed companies related to border security and protection. With $9 billion allocated for border protection and related activities, there are several companies poised to benefit from the budget. The site does not make recommendations, but offers a unique information portal to investors to research news, articles, and recent research.
On June 24, the House passed the fiscal 2004 Homeland Security Appropriations Act providing $29.4 billion for operations and activities of the Department of Homeland Security (DHS). $9 billion was allocated for border protection and related activities, an increase of $400 million from the previous year. This also includes $2 billion for the U.S. Coast Guard homeland security activities.
For more information on U.S. Customs and Border Protection visit the web site at www.cbp.gov.
Homelanddefensestock.com includes a growing list of public companies in the sector. The following is a partial list of companies involved in border security technology and solutions:
Cubic Corp was recently added to the list of border security stocks with its smart card technology and systems integration expertise for the border security market. They also manufacture equipment used in customized military range instrumentation, training and applications systems, communications and surveillance systems, high frequency (HF) and very-high frequency/ultra-high frequency (VHF/UHF) surveillance receivers, transceivers and avionics systems.
L-3 Communications IMC division is the prime contractor on the U.S. Border Patrol Remote Video Surveillance system, and also provides the integration for the U.S. Navy's Waterside Security System.
Landstar System, Inc is a provider of specialized transportation services to a broad range of customers throughout North America. Landstar Carrier Group and Landstar Express America are FAST certified. Free and Secure Trade (FAST) is a joint U.S.-Canadian program to improve security at the U.S.-Canadian border through data collection and sharing of information between U.S.
Drexler Technology is benefiting from the growth in border security with its products and systems featuring LaserCard optical memory cards and chip-ready Smart/Optical cards. Their optical memory cards are used for digital governance applications including immigration, border crossing visas, cargo manifests, motor vehicle registration and multi-biometric identification cards.
Featured Company:
Markland Technologies, Inc. (OTCBB:MRKL) announced yesterday, the awarding of a contract from Computer Sciences Corporation (CSC) to provide support services to ports of entry at San Ysidro and Otay Mesa, Calif. The award was granted to Markland's wholly owned subsidiary ERGO systems for a period starting December 8, 2003 until September 2004, with an option for extension. CSC is a key provider of software engineering services to Department of Homeland Security's Bureau of Immigration and Customs Enforcement.
CSC has been providing services to INS under the Service Technology Alliance Resources (STARS) program since 1999. CSC was recently awarded an $88 million dollar contract under the Starlight program, which will replace the STARS program. CSC is tasked to maintain and enhance systems that process travelers crossing US borders under this new contract.
Markland's ERGO subsidiary has been providing maintenance services for ports of entry under INS/DHS contracts since April of 2001. The services provided by ERGO will be an extension of the scope of services ERGO is currently providing to DHS, and ERGO will continue to provide services under their existing contracts with DHS as well.
About Homelanddefensestocks.com: The global investment portal features news, research, homeland security links, featured and exclusive articles and companies participating in security technology solutions. Areas include: Airport Security, Biodefense, Biometrics, Defense, Internet Security, Integrated Security, Military, Border and Port Security. Homelanddefensestocks.com is a unique top ranked investor research portal on Yahoo and Google that provides original content as well as third party content.
ECON Investor Relations Inc., (ECON Corporate Services) owner of the domain www.homelanddefensestocks.com, is a privately owned corporate communications company specializing in investor relations, media relations and research in public companies and industry sectors for the investment community. Nothing on the site should be construed as an offer or solicitation or recommendation to buy or sell any specific products or securities. Past performance does not guarantee future results. Although we attempt to research thoroughly, there are no guarantees in accuracy. We encourage all investors to use our research as a resource only, but to further their own research on all featured companies, industry research and articles featured. Our Investor Pick of the Month is not a solicitation, but should only be viewed as a suggestion. ECON is compensated by featured company Markland Technologies.
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More information on Homeland Security issues, including news releases, events and experts available for comment, can be found on the Homeland Security Newsline at www.primezone.com/hs.