Defense and Security Stocks Alert; Kratos (NasdaqGS: KTOS), Raytheon (NYSE:RTN), Visualant (OTC: VSUL)
Point Roberts, WA- June 29, 2011 – Investorideas.com, an investor research portal covering multiple stock sectors including defense and security stocks, presents a sector close up on defense and security stocks June 29th .
Visualant, Incorporated (OTC: VSUL) shares jumped 4.76% to $0.22. A week ago, the company said that it will be attending the Security Industry Association’s (SIA) Government Summit on June 21-22, 2011, in Washington, DC.
Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced today that it has received a new order for its Black Hawk Avionics Trainer (BHAT-M) to support the training of maintenance personnel for the UH-60M U.S. Army Aviation Logistics School in Ft. Eustis, VA
The U.S. Army awarded Raytheon Company (NYSE:RTN) a $36 million contract for the final phase of the Excalibur Ib development program. This phase concludes with warfighter tests and will qualify Excalibur Ib for fielding.
The Excalibur Ib is a long-range, precision-guided artillery projectile based on Raytheon's combat-proven Excalibur Ia. Excalibur Ib features a non-spinning fixed base, uses fewer parts and requires simpler manufacturing than Excalibur Ia resulting in increased reliability and a significantly reduced cost.
Defense and Security Stocks Snapshot
Kratos Defense & Security Solutions (NasdaqGS: KTOS) closed with a loss of 0.51% to $11.74.
L-3 Communications Holdings, Inc (NYSE: LLL ) rose 1.16 (1.35%) to end the day at $86.93.
Northrop Grumman (NYSE: NOC ) surged 0.70 (1.03%) to $68.81.
Raytheon Company (NYSE:RTN) climbed 0.35 (0.72%) to $49.07
Visualant, Incorporated (OTC: VSUL) closed at $0.22 with a high of $0.24
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Dow 12,261.42 +72.73 +0.60%
Nasdaq 2,740.49 +11.18 +0.41%
S&P 500 1,307.41 +10.74 +0.83%
10 Yr Bond (%) 3.1080% +0.0630
Oil 95.05 +2.16 +2.33%
Security Company Snapshot:
About Visualant, Inc. (OTCBB: VSUL)
Visit the company profile on Investorideas.com
Visualant, Inc. develops low-cost, high speed, light-based security and quality control solutions for use in homeland security, anti-counterfeiting, forgery/fraud prevention, brand protection and process control applications. Its patent-pending technology uses controlled illumination with specific bands of light, to establish a unique spectral signature for both individual and classes of items. When matched against existing databases, these spectral signatures allow precise identification and authentication of any item or substance. This breakthrough optical sensing and data capture technology is called Spectral Pattern Matching (SPM). SPM technology can be miniaturized and is easily integrated into a variety of hand-held or fixed mount configurations, and can be combined in the same package as a bar-code or biometric scanner. www.visulant.net
Through its wholly owned subsidiary, TransTech Systems, Inc., the Company provides security and authentication solutions to security and law enforcement markets throughout the United States. www.ttsys.com
Contact Visualant, Inc.
Lynn Felsinger, 206-903-1341
Investor RelationsCore Consulting Group
Paul DeRiso, 925-465-6088
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