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U.K. defense cuts may benefit engineering industries
The U.K. defense industry is bracing itself for tens of thousands of private-sector job losses following the government’s budget cuts; for all the negativity of defense cuts, an influx of engineers into the employment market, combined with investment in infrastructure, raises the question of whether other industries might stand to benefit
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U.K.'s government unveils £200 billion National Infrastructure Plan
David Cameron announces infrastructure plan to rebuild the economy a week after sweeping government cuts; the plan calls for a government commitment of over £40 billion directed to infrastructure projects, including a Green Investment Bank that provides up to £1 billion toward a commercial scale carbon capture and storage demonstration projects; £30 billion for transportation, including a high speed rail network, maintenance, and investment in local roads and rail and funding towards the Network Rail
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Budget cuts harm cybersecurity in the states, survey says
New survey finds that many states lack sufficient cybersecurity resources; the problem is not just funding: many state CISOs lack the visibility and authority to effectively drive security down to the individual agency level
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Boeing hints at interest in buying Northrop
In the face of likely deep cuts in some areas of the U.S. defense budget, speculations circulate that Boeing is looking to purchase companies active in those areas of the defense budget which are growing — UAVs, cyber security, and intelligence and surveillance systems; a likely candidate for acquisition: Northrop Grumman, a key player in these fields
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U.K to increase spending on cybersecurity
U.K. defense minister that cuts in information security spending are not on the agenda for the Strategic Defense and Security Review (SDSR), which is due to report back in the autumn; on the contrary, Britain is looking to boost its capabilities in the area
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Obama proposes ambitious $50 billion infrastructure program
President Barack Obama unveiled an ambitious 6-year infrastructure investment program; its goals include building or repairing 150,000 miles of roads, 4,000 miles of rail lines, and 150 miles of airplane runways; the plan also includes a new air-traffic-control system designed to reduce flight delays, and an “infrastructure bank” that will help determine the worthiest projects
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Transportation industry eager for more details of infrastructure plan
The White House released an information sheet that tells in broad strokes how the administration plans to use the money but did not say how much it will spend on different transportation segments or how soon it will ask Congress for the money; industry groups want to know
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Senate may yet add funds to border security before going on recess
The Senate may yet vote for additional funds for border security before leaving for a month-long recess; Senator Schumer is going to try to push through a bill that provides an additional $600 million for the border; this includes $176 million to hire 1,500 more officers to form a strike force to be deployed in critical areas along the border; Schumer would pay for his measure by raising fees on visas for temporary skilled workers sent to the United States by Indian companies; Republicans, who propose a similar measure, prefer to pay for additional border security by taking unused money from the Obama administration’s economic stimulus program, an idea unacceptable to Democrats
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House's homeland security bill doubles cybersecurity R&D budget
The 2010 Homeland Security Science and Technology Authorization Act would double the cybersecurity research and development budget to $75 million for each of the next two years and authorize another $500 million for a study to find ways to promote industry best practices through, for example, liability requirements that hold hardware and software vendors responsible for damages caused by a security breach
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Appropriations bill adds money for port security, Coast Guard, ground transit
A homeland security appropriations bill being considered by Congress would increase money for port security, save a threatened Coast Guard program from elimination and establish harsher penalties for anyone who intentionally violates airport security rules; the bill allocates $350 million for port security, an increase of $50 million over last year, and $350 million for rail, bus and transit security, a $38 million increase
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California homeland security market as large as the entire U.S. aviation security market
New report about the homeland security market in the United States finds that DHS’s spending account for only 18.3 percent of the total homeland security spending in the United States; the combined state and local market share leads the field with 23.7 percent, with the Department of Defense coming in second with 22.5 percent; California’s FY2009 homeland security market was nearly as large as the entire U.S. aviation security market
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DHS unveils more Than $1.8 billion in FY 2010 preparedness grants
DHS announces more than $1.8 billion in preparedness grants; the grants are designed to help states, urban areas, tribal governments, and non-profit organizations enhance their protection, prevention, response, and recovery capabilities for risks associated with potential terrorist attacks and other hazards.
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Senate subcommittee approves about $15 billion to bolster border activity
Measure allocates $3.57 billion for 20,370 border patrol agents, with 17,000 based on the U.S. Southwest border, more than double the agents in 2004; about $20 million would go toward counter-drug initiatives for southbound operations lanes, personnel, and equipment to stop the outbound flow of weapons and currency used in the drug trade; $20.5 million for one additional unmanned aircraft system and support equipment; the bill include $9 billion for the Coast Guard
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Bioterrorism experts criticize cuts in BioShield to pay for teacher retention
In order to find funds which would prevent teacher layoffs, House Democrats craft an appropriations bill which takes $2 billion from a bioterrorism emergency program; security experts criticize what they call a lack of foresight
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IT security accounts for largest share of homeland security spending
Aviation security may be more visible than IT security, but a new research says that the former accounts for only 4.6 of the homeland security market, while the latter accounts for 23 percent; public and private homeland security spending will grow from $69 billion 2010 to $85 billion by 2014
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