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Defense Industrial Base Sector

7. January 5, Indianapolis Star – (National) Raytheon Technical wins 2 defense contracts. Raytheon Technical Services has landed two defense contracts worth $41.1 million, the U.S. Defense Department said. A $12.14 million contract for the V-22 Osprey deals with a mission planning system, interactive situational awareness system, desktop test environment, facilities, and simulation for the tilt-rotor aircraft. A $28.99 million award concerns guided missile launchers for the U.S. Navy and Royal Australian Air Force. Source: http://www.indystar.com/apps/pbcs.dll/article?AID=/20080105/BUSINESS/801050415

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Banking and Finance Sector

8. January 7, Courier News – (Illinois) BBB names top 10 scams. The Better Business Bureau of Chicago and Northern Illinois has released its top 10 scam list for 2007. In 2006, the list was topped by advance fee lenders, followed by check scams. Those two have reversed for 2007, with check scams now the number 1 scam reported to the bureau. Also, still on this year’s list but falling from number 4 to number 9 is the “phishing” scam. While consumers are becoming more aware of this scam and the dangers of identity theft, phishing remains very problematic, and consumers must always be on guard to protect their personal and financial information from being compromised, said the director of the Bureau’s regional office. Source: http://www.suburbanchicagonews.com/couriernews/news/728758,3_1_EL07_A3SCAM S_S1.article

9. January 6, Bloomberg – (National) Securities fraud lawsuits on rise. Securities fraud class-action suits are on the rise, fueled by subprime mortgage losses, after dropping to a 10-year low in the U.S. in 2006, a study found. Investors sued 166 companies claiming stock fraud in 2007, 43 percent more than the 116 in the prior year, according to a study by the Stanford Law School Securities Class Action Clearinghouse and Cornerstone Research. Six Seattle-area companies were sued by shareholders: Dendreon Corp., Washington Mutual Inc., Jones Soda Co., WSB, Northwest Biotherapeutics, and Zumiez. After remaining low in the first six months of 2007, securities fraud filings accelerated in the second half of the year, according to the study. Of the 100 companies sued in the past six months, 23 were related to subprime losses, the study found, raising the possibility that the increase may not last. S o u r c e : h t t p : / / s e a t t l e p i . n w s o u r c e . c o m / b u s i n e s s / 3 4 6 2 8 2 _ s e c s u i t s 0 7 . h t m l

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Transportation Sector

10. January 7, KCRA 3 Sacramento – (California) Southwest Jet lands safely after

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