To view this site you need Adobe Flash Player and your browser must allow javaScripts. Go here to get the latest Flash Player. The Rising MONITOR BY ITS NATURE, THE TOP 25 CANNOT INCLUDE ALL OF THE DYNAMIC COMPANIES THAT ARE A Special Edition of BUILDING UP THEIR HOMELAND SECURITY BUSINESSES. The Rising 10 list is noteworthy because it includes companies involved in the diverse activities that make up homeland security. They range from major systems integrators By PHILIP FINNEGAN to detection companies to manufacturers of new technologies such as unmanned aerial vehicles. These companies promise to grow quickly in coming years because of either recent contract wins or their overall positioning in growing areas within homeland security. This listing, which makes no claim of comprehensiveness, looks at 10 of those companies that show promise as future leaders in homeland security. Many of these companies are likely to reach the Top 25 in coming years. Some already do considerable homeland security business, but act as subcontractors to other companies, so their contributions are not fully recognized in contract awards from the Department of Homeland Security (DHS). In recognition of the growing role of foreign companies in the US homeland security market, the listing includes UK-based BAE Systems, Italy-based Finmeccanica and UK-based Smiths Detection. The Rising 10 also includes several large US companies like Raytheon Co. and Honeywell International, which already do considerable homeland security work, but as subcontractors are not included in the Top 25. In addition to the five large companies, the listing includes five small to mid-size companies that may not reach the Top 25 but show the dynamic and technologically driven nature of homeland security. They comprise three specialty areas: unmanned aerial vehicles (General Atomics), detection (OSI Systems, AS&E and ICx Technologies) and biometrics (L-1 Identity Solutions). 10 2. Raytheon Co. 3. BAE Systems of 2009 MARKET optics/infrared); command and control; communications infrastructure; and maritime traffic tracking using satellite communications and vessel traffic management systems. It will also be able to use DRS and Finmeccanica’s marketing networks to sell each other’s products. In addition, DRS has a strong presence in border security programs. DRS is a contractor to Boeing on the SBInet border security program. It also has a strong position in Middle Eastern border security programs. In April 2008, it won a contract for the initial phase of a contract to provide the Jordanian Armed Forces with an end-toend border security system. In addition, DRS has a long-standing project to control Egyptian borders. Finmeccanica hopes to use that strength to win border projects elsewhere in the Middle East, such as in Saudi Arabia. Ultimately, Finmeccanica wants to sell combined DRS/Finmeccanica border control and maritime surveillance solutions either to the US market or overseas. 1. Finmeccanica Italy’s defense champion is moving into the US homeland security and defense market in a big way. The company acquired DRS Technologies, a major US homeland security and defense firm, in a $5.2 billion transaction that was completed in October. Finmeccanica’s management sees the opportunity to build its presence in the United States by combining its own capabilities and those of DRS. The Italian company’s management sees synergies in areas that include: sensors (coastal and ground radar, electro- Raytheon Co., Waltham, Mass., continues to experience rapid growth in its homeland security sales as its work on border security and cybersecurity continues to ramp up. Raytheon is the prime contractor on the United Kingdom’s $1.2 billion e-Borders project, which will input passenger data provided by air, sea and rail carriers into a national data collection system to track travelers. Raytheon is building on its continuing work in the US-VISIT project led by Accenture. Like Finmeccanica, Raytheon is pursuing the Saudi Arabian border project as a logical extension of that work. Raytheon has made a string of acquisitions that have built up a position in different specialties in cybersecurity, a rapidly growing area. In July 2008, it acquired Telemus Solutions Inc., Falls Church, Va., which provides customized infrastructure protection. In April 2008, it purchased SI Government Solutions, Melbourne, Fla., a provider of vulnerability assessment studies to protect critical information technology assets. That followed the October 2007 purchase of Oakley Networks, Salt Lake City, Utah, a leader in passive forensic engineering and detections. BAE Systems, Farnborough, the United Kingdom’s leading defense company, is keen to expand its homeland security business. Last year it paid £531 million ($745 million) to buy Detica, a UKbased homeland security company that provides software for information management. The purchase was intended to prepare the company for a major push into US homeland security. Register online today for exclusive online content and eNewsletters HSToday Magazine | April 2009 45