SSTI - Four Defense & Weapons Detection Stocks To Watch Amid Growing Global Unrest

CORAL GABLES, FL / ACCESSWIRE / June 17, 2019 / Many key defense contractors have security-related products, but those products will typically play a small role at companies with multibillion-dollar weaponssystems sales. When it comes to this niche, people looking for direct exposure to the industry's expected growth could be better served by looking at smaller companies that work specifically to enhance weapons detection systems as a key product. The images surrounding global unrest and the constant threat of attack are a stark reminder that these safeguards are becoming less of a want and more of a requirement across the globe.

Liberty Defense Holdings (SCAN) has been granted an exclusive license from MIT Lincoln Laboratory to commercialize the HEXWAVE technology product. Unlike some of the smaller companies focused on security and weapons detection systems, Liberty Defense Holdings (SCAN) is already rolling out key beta strategies across the world.

Among the numerous milestones, Liberty Defense Holdings proposed testing of its product with a Vancouver Arena Limited Partnership. This will occur at a site to be determined within or near Rogers Arena in Vancouver, BC. Liberty Defense Holdings Ltd. (SCAN) also announced that it had signed a memorandum of understanding with the Office of the Utah Attorney General to beta test HEXWAVE in the state.

Furthermore, this morning, the company announced its newest venture with the German soccer team, FCBayern München, a German football club based in Munich, Bavaria ("Bayern") to beta test HEXWAVE. Allianz Arena, the home of FC Bayern, has a 75,000-seating capacity and is the second largest arena in Germany.

"The reception to our HEXWAVE product has been fantastic and we are excited about working alongside FC Bayern Munich, a team that is a household name in both Europe and North America," said Bill Riker, CEO of Liberty Defense. "Our ability to deploy in both indoor and outdoor settings, with covert and overt applications, sets us apart and has also been driving increasing interest from the market."

Similarly, Patriot One Technologies Inc. (PAT.TO) focuses on threat detection and counter-terrorism solutions. The company recently announced that it has entered into a binding reseller agreement with West Virginia-based Cramer Security & Investigations, Inc. to distribute Patriot One's PATSCAN VRS commercial units.

The Agreement is for an initial term of five years, and pursuant to the Agreement Cramer Security has acquired an initial 3-year lease of the solution as a first phase approach to deploying the PATSCAN multi-sensor covert threat detection platform across a broad range of its end customers.

CAE, Inc. (CAE.TO) has also found itself in the spotlight on the list of Canadian defense stocks to watch. Just a few weeks ago, CAE announced it had been awarded a subcontract from Lockheed Martin Canada to begin work during the design phase of the Canadian Surface Combatant ship program. During the design phase over the next several years, CAE will support combat systems training needs analysis and training media analysis that will contribute to the overall CSC training system design.

"We are excited to begin work with Lockheed Martin Canada on this critical program for the Royal Canadian Navy as part of Irving Shipbuilding's Canadian Surface Combatant program team," said Joe Armstrong, Vice President, Business Operations, CAE.

Finally, ShotSpotter, Inc. (SSTI) joins the list as one of the larger market cap companies. The company provides precision-policing solutions for law enforcement to help deter gun violence and make cities, campuses, and facilities safer. The company's flagship product, ShotSpotter® Flex™, is the leading gunshot detection, location and forensic system trusted by more than 100 cities. ShotSpotter® Missions™ uses artificial intelligence-driven analysis to help strategically plan patrol missions and tactics for maximum crime deterrence.

The company recently announced that its Board of Directors has approved a program for the repurchase of up to $15,000,000 of its common stock. "Given our strong balance sheet and healthy cash flow position, we are afforded the opportunity to continue investing in our strategic organic growth drivers, preserve optionality for potential tuck-in acquisitions, and simultaneously return excess cash to our stockholders through a stock repurchase program" said Ralph Clark, CEO of ShotSpotter.

What Is Stock Price (StockPrice.com)?

Stock Price is defined as the price of a single share of a number of saleable stocks of a public company. A stock price is the highest amount an investor or trader is willing to pay for the stock, or the lowest amount that it can be bought for.

StockPrice.com was created for everyone that wants the latest stock quotes, stock charts, company news, and the best financial content.

At Stock Price (StockPrice.com), you get free stock quotes, up-to-date news, international market data, social interaction and the best financial content that will help you manage your financial life.

Legal Disclaimer

Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Midam Ventures LLC which owns www.StockPrice.com is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release.

Pursuant to an agreement between MIDAM VENTURES, LLC and Liberty Defense Holdings Inc. Midam was hired for a period from 04/15/2018 - 5/15/2019 to publicly disseminate information about Liberty Defense Holdings Inc. including on the Website and other media including Facebook and Twitter now extended through June 21, 2019. We were paid $350,000 (CASH) for & were paid "0" shares of restricted common shares. We may buy or sell additional shares of Liberty Defense Holdings Inc. in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information. Click Here For Full Disclaimer.

Contact Information:

news@stockprice.com

SOURCE: StockPrice.com