On 60 Minutes, the first segment covered how the City of New York is using numerous ways of fighting terrorism, and the pro-active processes in place to prevent anything from happening in the first place. Commissioner Ray Kelly, the chief of the New York Police Department said on the program that they are ready for various types of situations including taking down a plane.
There are many businesses that market to the Federal government, New York City, and other governments and communities to help them with offsetting and preventing terrorism. WallStreetNewsNetwork.com has just updated its list of over 20 different anti terrorism companies which develop products and services in various areas of domestic security. Most of these stocks have market caps over $250 million and over half a dozen of the stocks pay a dividend.
One example is American Science & Engineering (ASEI) makes and markets X-ray inspection equipment and systems for homeland security. The company has a market capitalization of $506.57 million and trades at 11.5 times forward earnings. It sports a yield of 2.1%.
FLIR Systems, Inc. (FLIR) is a provider of thermal imaging and infrared camera systems for force protection, counter terrorism, search and rescue, perimeter security, navigation safety, and law enforcement. The company has a market cap of $4.17 billion with a forward PE of 15. The company is debt free with over $235 million in cash.
Analogic (ALOG) is in the business of making and marketing security technology products, explosives detection systems, and weapon and threat detection aviation security systems, in addition to their medical imaging business. The stock has a market cap of $554 million, and a forward PE of 18.6. This debt free company has $12.24 in cash per share and pays a yield of 1.00%.
To see all of the counter terrorism stocks, check out the free database at wsnn.com, which can be downloaded, updated, and added to.
Disclosure: Author did not own any of the above at the time the article was written.