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InVision Technologies
InVision Technologies, Inc. was a publicly traded company based in Newark, California, that manufactured and sold airport security screening devices to detect explosives in passenger baggage. One of its most well-known products is the CTX explosive-detection device. One of its founding members was Sauveur Chemouni. FCPA case The company was notable, in part, because its case was the first time the US Department of Justice had resolved a Foreign Corrupt Practices Act (FCPA) case through a non-prosecution agreement. The charges were based upon conduct of the company's third party distributors (but not the company itself), while InVision's staff failed to timely investigate certain "red flag" emails copied to their addresses. The company voluntarily disclosed its findings resulting from internal investigations related to the issues which arose during the preparation for the acquisition of InVision by General Electric Company. The NPA, concluded in December 2004, required from ...
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Publicly Traded Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Newark, California
Newark is a city in Alameda County, California, United States. It was incorporated as a city in September 1955. Newark is an enclave, surrounded by the city of Fremont. The three cities of Newark, Fremont, and Union City make up the Tri-City Area. Its population was 47,529 at the 2020 census making it the third largest city in the US named Newark after Newark, New Jersey, and Newark, Ohio. Geography The western edge of the city is near the southern end of the San Francisco Bay. State Route 84 runs through the city, and continues as the Dumbarton Bridge to cross the San Francisco Bay to reach Menlo Park. Interstate 880 serves as the eastern boundary with Fremont. According to the United States Census Bureau, the city has a total area of , of which is land and , comprising 0.17%, is water. History Newark was named after Newark Castle, Port Glasgow, in Scotland by J. Barr Robertson. Before it was settled by Europeans, Newark was home to the Ohlone Native American Peo ...
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Airport Security
Airport security includes the techniques and methods used in an attempt to protect passengers, staff, aircraft, and airport property from malicious harm, crime, terrorism, and other threats. Aviation security is a combination of measures and human and material resources in order to safeguard civil aviation against acts of unlawful interference. Unlawful interference could be acts of terrorism, sabotage, threat to life and property, communication of false threat, bombing, etc. Description Large numbers of people pass through airports every day. This presents potential targets for terrorism and other forms of crime because of the number of people located in one place. Similarly, the high concentration of people on large airliners increases the potentially high death rate with attacks on aircraft, and the ability to use a hijacked airplane as a lethal weapon may provide an alluring target for terrorism (such as during the September 11 attacks). Airport security attempts to prevent ...
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Explosive
An explosive (or explosive material) is a reactive substance that contains a great amount of potential energy that can produce an explosion if released suddenly, usually accompanied by the production of light, heat, sound, and pressure. An explosive charge is a measured quantity of explosive material, which may either be composed solely of one ingredient or be a mixture containing at least two substances. The potential energy stored in an explosive material may, for example, be * chemical energy, such as nitroglycerin or grain dust * pressurized gas, such as a gas cylinder, aerosol can, or BLEVE * nuclear energy, such as in the fissile isotopes uranium-235 and plutonium-239 Explosive materials may be categorized by the speed at which they expand. Materials that detonate (the front of the chemical reaction moves faster through the material than the speed of sound) are said to be "high explosives" and materials that deflagrate are said to be "low explosives". Explosives may al ...
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CTX (explosive-detection Device)
The CTX (Computer Tomography X-ray) is an explosive detection device, a family of x-ray devices developed by InVision Technologies in 1990 that uses CAT scans and sophisticated image processing software to automatically screen checked baggage for explosives. CTX-5000 In 1994, the CTX-5000 became the first computed tomography explosive detection system certified by the US Federal Aviation Administration (FAA). The certification of the CTX-5000 followed nine years of development. During that time the FAA invested $90 million in explosives detection and nearly $8.6 million in the specific technology. From 1995 to 1997, the CTX-5000 was tested to solve the challenges involved in integrating an explosives detection system into a baggage system and to validate the estimated costs of wide-scale deployment of the systems. CTX-5000 SP The CTX-5000 SP scanning system, an improved version of the CTX-5000 for checked baggage, was delivered to the FAA in 1997 and placed at several of the US's ...
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US Department Of Justice
The United States Department of Justice (DOJ), also known as the Justice Department, is a federal executive department of the United States government tasked with the enforcement of federal law and administration of justice in the United States. It is equivalent to the justice or interior ministries of other countries. The department is headed by the U.S. attorney general, who reports directly to the president of the United States and is a member of the president's Cabinet. The current attorney general is Merrick Garland, who was sworn in on March 11, 2021. The modern incarnation of the Justice Department was formed in 1870 during the Ulysses S. Grant presidency. The department comprises federal law enforcement agencies, including the Federal Bureau of Investigation, the U.S. Marshals Service, the Bureau of Alcohol, Tobacco, Firearms and Explosives, the Drug Enforcement Administration, and the Federal Bureau of Prisons. It also has eight major divisions of lawyers who rep ...
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Foreign Corrupt Practices Act
The Foreign Corrupt Practices Act of 1977 (FCPA) (, ''et seq.'') is a United States federal law that prohibits U.S. citizens and entities from bribing foreign government officials to benefit their business interests. The FCPA is applicable worldwide and extends specifically to publicly traded companies and their personnel, including officers, directors, employees, shareholders, and agents. Following amendments made in 1998, the Act also applies to foreign firms and persons who, either directly or through intermediaries, help facilitate or carry out corrupt payments in U.S. territory. Pursuant to its anti-bribery purpose, the FCPA amends the Securities Exchange Act of 1934 to require all companies with securities listed in the U.S. to meet certain accounting provisions, such as ensuring accurate and transparent financial records and maintaining internal accounting controls. The FCPA is jointly enforced by the Department of Justice (DOJ) and the Securities and Exchange Commissi ...
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General Electric Company
The General Electric Company (GEC) was a major British industrial conglomerate involved in consumer and defence electronics, communications, and engineering. The company was founded in 1886, was Britain's largest private employer with over 250,000 employees in the 1980s, and at its peak in the 1990s, made profits of over £1 billion a year. In June 1998, GEC sold its share of the joint venture GEC-Alsthom on the Paris stock exchange. In December 1999, GEC's defence arm, Marconi Electronic Systems, was sold to British Aerospace, forming BAE Systems. The rest of GEC, mainly telecommunications equipment manufacturing, continued as Marconi Communications. After buying several US telecoms manufacturers at the top of the market, losses following the bursting of the dot-com bubble in 2001 led to the restructuring in 2003 of Marconi plc into Marconi Corporation plc. In 2005, Ericsson acquired the bulk of that company. What was left of the business was renamed Telent. History ...
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European Union
The European Union (EU) is a supranational political and economic union of member states that are located primarily in Europe. The union has a total area of and an estimated total population of about 447million. The EU has often been described as a '' sui generis'' political entity (without precedent or comparison) combining the characteristics of both a federation and a confederation. Containing 5.8per cent of the world population in 2020, the EU generated a nominal gross domestic product (GDP) of around trillion in 2021, constituting approximately 18per cent of global nominal GDP. Additionally, all EU states but Bulgaria have a very high Human Development Index according to the United Nations Development Programme. Its cornerstone, the Customs Union, paved the way to establishing an internal single market based on standardised legal framework and legislation that applies in all member states in those matters, and only those matters, where the states have agreed to act ...
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GE Security
GE Security was a division of General Electric's GE Enterprise Solutions. It was acquired by UTC on March 1, 2010, and became part of UTC Fire & Security. GE Security's division provides intrusion alarm systems, integrated security systems, fire systems, access control, video surveillance, explosives and illegal drug detection, key control/lockbox, fiber optic transmission, machine guarding, and more. GE Security was based in Bradenton, Florida. History GE Security was mainly aimed at businesses, organizations, and governments, but products from GE Security were available for both residents and small businesses. GE Security included different families of detection systems, web-based surveillance systems, and aviation security products, such as handheld and walk-thru explosive/narcotics portals. Much of General Electric's fire systems came from the acquisition of Edwards Systems Technology from SPX Corporation in May 2005. On November 12, 2009, GE Security announced it had sign ...
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Safran
Safran S.A. is a French multinational company that designs, develops and manufactures aircraft engines, rocket engines as well as various aerospace and defense-related equipment or their components. It was formed by a merger between SNECMA and the defense electronics specialist SAGEM in 2005. Safran's acquisition of Zodiac Aerospace in 2018 significantly expanded its aeronautical activities. Employing over 95,000 people and generating 24.64 billion euros in sales in 2019, the company is listed on the Euronext stock exchange and is part of the CAC 40 and Euro Stoxx 50. Its headquarters are located in Paris. Name The name Safran was chosen from 4,250 suggestions, including 1,750 proposed by employees. As a holding company for many subsidiaries, the name was deemed suitable for the suggestion of direction, movement, and strategy. Safran translates as rudder blade and as saffron, which the company highlights as one of the catalysts for early international trade. History Or ...
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Safran Group
Safran S.A. is a French multinational company that designs, develops and manufactures aircraft engines, rocket engines as well as various aerospace and defense-related equipment or their components. It was formed by a merger between SNECMA and the defense electronics specialist SAGEM in 2005. Safran's acquisition of Zodiac Aerospace in 2018 significantly expanded its aeronautical activities. Employing over 95,000 people and generating 24.64 billion euros in sales in 2019, the company is listed on the Euronext stock exchange and is part of the CAC 40 and Euro Stoxx 50. Its headquarters are located in Paris. Name The name Safran was chosen from 4,250 suggestions, including 1,750 proposed by employees. As a holding company for many subsidiaries, the name was deemed suitable for the suggestion of direction, movement, and strategy. Safran translates as rudder blade and as saffron, which the company highlights as one of the catalysts for early international trade. History Or ...
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