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Test Code : ST0-095
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Symantec Symantec Technical Foundations- Security(R)

Symantec and NTT safety proclaim planned Strategic Partnership to safely manage internet functions | killexams.com true Questions and Pass4sure dumps

 

TOKYO, April 12, 2018 (GLOBE NEWSWIRE) -- Symantec Corp., one of the vital world`s leading cyber safety companies, and NTT security, the really propitious protection enterprise of NTT community, hold announced their aim to enter into a strategic partnership to bolster net security capabilities choices to shoppers across the cloud, cell and on-premises.

by using planning to assemble Symantec`s Cloud-Delivered web security capabilities and CASB (Cloud access security broker) technologies, key points of the Symantec integrated Cyber defense Platform, with NTT safety`s risk detection and advanced analytics capabilities, the corporations intend to enhance safety features and provide shoppers flexibility and efficiency of their digital transformation event. 

extra collaboration may descry each events sharing risk telemetry suggestions to deliver a more refined safety carrier suite.

the unique capabilities will aim to deliver a finished set of in-depth utility controls designed to control the expanding employ of convivial and enterprise web applications and boost compliance and cybersecurity for purchasers by using normally imposing desirable employ policies.

Greg Clark, Symantec CEO, mentioned: "security is an integral Part of digital transformation and their planned partnership with NTT security, a frontrunner within the space, will back deliver insurance policy for valued clientele sum through their journey. by combining their built-in Cyber defense Platform with NTT protection`s leading solutions, we're aiming to be sure that organizations can respond to evolving threats and cozy their information at any plot it lives."

Jun Sawada, NTT protection CEO commented: "Our strategic partnership with Symantec will tremendously expand the degree of advanced internet security features both parties can deliver, and i predict this partnership to extend to different areas akin to endpoint and the entire cloud-primarily based safety area. NTT protection presents via their operating agencies Dimension facts, NTT Communications and NTT facts, a wide portfolio of Cybersecurity Consulting, gadget Integration and steer services, counting on the maturity smooth and particular necessities from their consumers."

About Symantec

Symantec company (SYMC), a world leading cyber protection company, helps groups, governments and americans cozy their most essential data wherever it lives. agencies internationally peep to Symantec for strategic, built-in options to shield in opposition t subtle attacks across endpoints, cloud and infrastructure. Likewise, a global neighborhood of greater than 50 million individuals and families depend on Symantec`s Norton and LifeLock product suites to offer protection to their digital lives at domestic and across their instruments. Symantec operates some of the world`s largest civilian cyber intelligence networks, allowing it to descry and offer protection to against probably the most advanced threats. For additional info, delight contend with www.symantec.com or link with us on facebook, Twitter, and LinkedIn.

About NTT security

NTT safety is the really expert safety traffic and the middle of excellence in security for NTT neighborhood.  With embedded protection they allow NTT neighborhood groups (Dimension statistics, NTT Communications and NTT facts) to convey resilient traffic options for consumers` digital transformation wants.  NTT safety has numerous SOCs, seven R&D centers, over 1,500 security experts and handles tons of of heaps of safety incidents yearly throughout six continents. NTT safety ensures that substances are used with ease by providing the redress mix of Managed security functions, security Consulting features and protection expertise for NTT group agencies - making gold measure employ of endemic substances and leveraging their world capabilities.  NTT protection is a Part of the NTT neighborhood (Nippon Telegraph and mobile supplier), some of the largest ICT agencies on this planet.  visit nttsecurity.com to be taught greater about NTT security or consult with www.ntt.co.jp/index_e.html to be trained extra about NTT group. 

For income enquiries, delight contend with dimensiondata.com, www.ntt.com/en/index.html, www.nttdata.com/international/en/ or converse to your NTT account consultant for greater assistance.

Story Continues

For extra information, delight contact:

Symantec Corporationt. +1 650-527-8000e. uspress@symantec.com

NTT SecurityOrigin Communicationst. +forty four (0)20 3814 2940e. nttsecurity@origincomms.com 

This announcement is distributed via Nasdaq company options on behalf of Nasdaq corporate solutions customers.

The issuer of this announcement warrants that they're solely answerable for the content material, accuracy and originality of the information contained therein.source: NTT protection (UK) Ltd via GlobeNewswireHUG#2183778


Symantec And investigate point: The cost Cohort Of The enterprise safety region | killexams.com true Questions and Pass4sure dumps

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SD instances information digest: Broadcom completes CA technologies acquisition, Crystal 0.27.0, and Symantec acquisitions | killexams.com true Questions and Pass4sure dumps

Broadcom has announced that it has completed its acquisition of CA technologies. The enterprise will now act as a totally owned subsidiary of Broadcom.

“We accept as exact with this transaction will permit us to offer clients a leading portfolio of best-in-classification solutions across a diverse set of technologies,” referred to Hock Tan, president and CEO of Broadcom.  “We intend to sequel money into and develop the CA traffic to further boost its capabilities in mission-important infrastructure utility solutions.”

Crystal 0.27.0 now availableVersion 0.27.0 of the Crystal programming language has been launched. This liberate includes updates necessary for upcoming adjustments in parallelism, platform aid, and safeguard.

It also brought a fix to ascertain and preclude stack overflows, and arithmetic updates a propitious pass to beget Crystal a greater workable alternative for data scientists.

Symantec announces two unique acquisitionsSymantec has introduced that it is buying Appthority for its cell software protection evaluation answer. in accordance with Symantec, shoppers could be capable of dissect cellular apps for malicious capabilities and undesirable behaviors.

“mobile users expand the traffic assault floor with each and every app they deploy,” talked about Domingo J. Guerra, co-founder of Appthority.  “This acquisition unites Appthority with Symantec’s complete endpoint protection portfolio, which is the primary solution on the market that may offer protection to sum traditional and up to date endpoints and now apps.”

The enterprise additionally announced that it's buying Javelin network, which offers know-how to assist businesses heave care of against lively listing-based assaults.

Accenture to open unique R&D lab in ShenzhenTech consulting traffic Accenture has introduced plans to open a brand unique R&D lab in Shenzhen, China so one can specialize in AI and robotics research. The lab will also additional industry X.0, the business’s traffic enviornment that helps businesses redefine their sensible connected utility and physical instruments.

“An epicenter of innovation, Shenzhen attracts world-classification ability, birth-united states of americaand agencies. the unique Accenture Lab will faucet into the substantial know-how innovation within the vicinity and mix it with their world-type R&D capabilities to explore the next wave of AI and robotics technology,” observed Paul Daugherty, chief technology a innovation officer at Accenture.


ST0-095 Symantec Technical Foundations- Security(R) Solutions 1.0

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ST0-095 exam Dumps Source : Symantec Technical Foundations- Security(R) Solutions 1.0

Test Code : ST0-095
Test name : Symantec Technical Foundations- Security(R) Solutions 1.0
Vendor name : Symantec
: 142 true Questions

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Sophos Group PLC (SPHHF) CEO Kristof Hagerman on Q2 2019 Results - Earnings muster Transcript | killexams.com true questions and Pass4sure dumps

No result found, try unique keyword![Technical vicissitude ... It also enables us to deliver advanced unique security capabilities that are simply not possible with independent solutions from multiple vendors, in particular affection ...

FLIR Systems Inc (FLIR) Q3 2018 Earnings Conference muster Transcript | killexams.com true questions and Pass4sure dumps

Logo of jester cap with thought bubble.© The Motley Fool Logo of jester cap with thought bubble.

FLIR Systems Inc  (NASDAQ: FLIR)

Q3 2018 Earnings Conference Call

Oct. 30, 2018, 9:00 a.m. ET

Contents:
  • Prepared Remarks
  • Questions and Answers
  • Call Participants
  • Prepared Remarks:

    Operator

    Greetings and welcome to the FLIR Systems Third Quarter Results Conference Call. At this time, sum participants are in a listen-only mode. A question-and-answer session will result the formal presentation. (Operator Instructions) As a reminder, this conference is being recorded. It is now my pleasure to interpose your host, Jay Gentzkow, Head of Investor Relations. Thank you. You may begin.

    Jay Gentzkow -- Head of Investor Relations

    Good morning, everyone. delight note that their earnings press release and presentation slides referred to on this muster are available under the Events & Presentations section of www.flir.com/investor. Before they begin, I need to remind you statements made on this muster other than historical facts are forward-looking statements within the import of the Private Securities Litigation Reform Act of 1995 and are based on their current expectations.

    Words such as anticipates, estimates, expects, intends, and believes, and similar words and expressions are intended to identify forward-looking statements. These statements are theme to risks and uncertainties that could cause actual results to disagree materially. delight mention to the earnings press release they issued earlier today for a description of factors that could cause actual results to disagree materially from those forecasts.

    The forward-looking statements they beget today converse as of today and they attain not undertake any responsibility to update any such statement to reflect events or circumstances occurring after today. They will be discussing their results for the quarter primarily on an adjusted non-GAAP basis. They believe that non-GAAP information is useful, because it can enhance the understanding of their core ongoing operating results and facilitate consistent comparison of results over time. A complete reconciliation between GAAP and adjusted measures is in this morning's earnings press release.

    I'll now rotate the muster over to Jim Cannon, President and CEO of FLIR Systems.

    James J. Cannon -- President and Chief Executive Officer

    Thank you, Jay. And thank you, everyone for joining FLIR's third quarter 2018 earnings call. With Jay and me today are Carol Lowe, their CFO; Todd DuChene, common Counsel; Travis Merrill, President of their Commercial traffic Unit; open Pennisi, President of their Industrial traffic Unit; and David Ray, President of their Government & Defense traffic Unit.

    I am also pleased to welcome Tony Buffum, who joined FLIR this month as Senior Vice President and Chief Human Resources Officer. Tony will lead the company's Global HR team and drive sum facets of change management and culture. Tony brings a wealth of undergo and erudition and we're thrilled to hold him.

    As announced earlier this morning, they reported another solid quarter operationally and financially. indecent margins, operating margins and operating cash rush reached quarterly levels they haven't seen in over five years. They also realized another quarter of double-digit EPS growth. And they maintained organic revenue growth in sum traffic units, despite challenging year-on-year comparables. Additionally, we're making meaningful progress on their continuous improvement initiatives through The FLIR Method.

    I'll start with third quarter review on slide 3 of the presentation with a few pecuniary highlights. Carol will provide more color later during their prepared remarks. This morning they reported third quarter revenue of $435 million, excluding revenue from acquisitions and divestitures, organic topline growth was 3%. A very tenacious quarter in 2017, led by broad-based growth across sum traffic units made for a difficult year-over-year comparable, but we're proud to deliver their fifth consecutive quarter of organic growth despite the lumpy nature of their finish markets.

    While adjusted indecent profit was flat versus third quarter 2017, adjusted indecent margins improved significantly, up 330 basis points. indecent margin expansion was due to propitious product mix and productivity initiatives driven by The FLIR Method. Adjusted operating income increased 5% over the third quarter of 2017.

    Adjusted operating margin also improved up 260 basis points in comparison to final year. While we're enthusiastic about achieving margin performance they haven't seen in years, they aim to continue balancing margin expansion with investments necessary to position FLIR for long term profitable growth. This investment is especially key to franchise program wins wins, an essential Part of the strategy they shared on their Investor Day in May. We'll partake more information on their strategic investment plans during their fourth quarter earnings muster in February 2019. They also demonstrated solid operating leverage, with adjusted earnings per partake growing 10% in the quarter, compared to Q3 2017.

    Operating cash rush reached $122 million for the quarter, the highest quarterly cash rush in over five years. Operating cash rush for the first nine months grew 32% over the same term of 2017. Total company 12-month backlog finished the quarter at $591 million, down 1% compared to the balance at the finish of the second quarter, while they grew backlog by more than 5% in their Government and Defense traffic Unit during the quarter, their Industrial traffic Unit continues to methodically lower backlog utilizing The FLIR mode to reduce customer-lead times and more consistently position the traffic closer to a reserve and bill level.

    Turning to their outlook for the full-year 2018. They continue to hope revenue to be in the achieve of $1.78 billion to $1.8 billion and full-year adjusted EPS to be in the achieve of $2.17 to $2.22. These ranges represent organic revenue growth of 7% to 8% and adjusted EPS growth of 15% to 18%. They also announced today a quarterly dividend of $0.16 per share, which will be payable on December 7th to shareholders on record as of November 23rd.

    Turning to slide 4. We've made significant progress on their strategic priorities to fuel, feed and focus the traffic with The FLIR mode as it's foundation. Perhaps their strongest quarterly progress Sixth Sense introduction, I'd now affection to update you on two key components of that strategy.

    Let's start fuel on slide 5. We've advanced many near-term opportunities to gain scale in the business, to highlight recent franchise win in the quarter, the Government and Defense traffic Unit received an award totaling $28.7 million for the Next Generation Chemical Detector 3 or NGCD 3 in back of the U.S. Army's Multi-Phase Chemical Agent Detector program or MPCAD.

    FLIR's MPCAD solution will provide the warfighter with chemical threat confirmation in the province and better enable the Joint Forces to combat chemical weapons of mass destruction. This franchise program when enables their team to further fulfill its mission to protect the lives and subsistence of soldiers, sailors, airmen and marines. They are heroes.

    Turning to slide 6, they also strive to innovate differentiated technologies to secure market positions and fuel future growth. I'd affection to highlight one key product introduction from each traffic unit since their final earnings call. final week the Industrial traffic Units Integrated Imaging Solutions traffic or IIS announced the FLIR Firefly, the industry's first deep learning enabled machine vision camera. The Firefly integrates Intel's Movidius Myriad 2 Vision Processing Unit to enable deep neural networks for on camera inference, combining a unique affordable machine vision platform with the power of deep learning automates complicated and subjective problems for image analysis professionals, such as recognizing faces or classifying the quality of a solar panel during the manufacturing process.

    At the Association of the United States Army's Annual Meeting and Exhibition in Washington DC, the Government and Defense traffic Unit launched the Black Hornet Vehicle Reconnaissance System or VRS. The Black Hornet VRS takes the combat proven Black Hornet UAV and integrates it with military vehicles.

    Warfighters will hold the faculty to conduct real-time, non-line-of-sight covered reconnaissance, while remaining in the protection of the vehicles for increased situational awareness. The Black Hornet powered VRS is representative of their continued focus on delivering complete solution technology and they peep forward to playing a role in helping modernize their military forces.

    Finally, in October, the Commercial traffic Unit's Maritime Division delivered a marine industry first with the introduction of ClearCruise Augmented Reality Navigation Technology. ClearCruise Augmented Reality or AR brings a unique smooth of navigational awareness to users of the Axiom family multi-functional displays. With ClearCruise AR, Axiom users can beget smarter decisions with physical navigation objects overlaid directly on Axiom's HD video display, given captain's greater confidence and peace of intellect when navigating sedulous or unfamiliar waterways.

    Turning to slide 7, they also continue to feed longer-term market opportunities through technology investments and consolidating stronger positions in attractive markets. As an example, we've been aggressively investing in FLIR's Unmanned Solutions Platform since identifying the unmanned market as a strategic priority. FLIR's Unmanned Solutions exemplify their transition from bright sensors to bright sensing solutions.

    At their Investor Day, they announced the aim for a unique unmanned systems and integrated solutions division in the Government and Defense traffic Unit. That division is now fully operational with leadership in plot and we're strategically investing to capture the Military's Unmanned solution needs.

    Other recent Unmanned solutions successes involve the previously mentioned Black Hornet 3 Nano-UAV and subsequent Black Hornet Vehicle Reconnaissance System. They also announced the DroneSense FLIR addition, a drone flight management software platform designed for public safety applications following a strategic minority investment in drones since earlier this year. Another tenacious quarter of results in unmanned solutions from both Government and Defense, and Industrial traffic Units is a bi-product of these strategic investments.

    Moving to the right of slide 7. They announced two exciting partnerships that will feed their traffic with differentiated technologies. In the quarter, they made a strategic minority partake investment in CVEDIA. CVEDIA is an exciting adolescent company that uses gaming engines to create synthetic images. These images allow developers to train simulated intelligence systems faster and more economically.

    Together, they generated thermal synthetic images creating a differentiated and valuable feature that augments the loaded and distinctive data their sensors already produce. They descry CVEDIA's software playing an essential role in many FLIR applications including Unmanned Solutions.

    We also acquired Acyclica in mid-September. Acyclica is a leading developer of automotive roadway and intersection data generation and Analytic Solutions. These solutions provide real-time traffic rush information, strengthening their differentiation and bright Transportation Systems or ITS by adding dynamic traffic data and a cloud-based analytics engine to FLIR's ITS solutions.

    Now Part of the ITS division, within the Commercial traffic Unit, the capabilities of the Acyclica team in data analytics and software platforms can be scalable across numerous other FLIR businesses. They will continue to feed targeted opportunities with long-term growth trajectories that are accretive to FLIR. They peep forward to sharing more progress on these strategic priorities in the future.

    Let me now rotate the muster over to Carol for her review of third quarter pecuniary and operational highlights. Carol?

    Carol P. Lowe -- Chief pecuniary Officer

    Thank you, Jim. On slide 8, you'll descry a summary of their third quarter pecuniary results. delight note, with the exception of cash flow, sum of these financials are on a non-GAAP basis. Reconciliation to GAAP data is included in the filed appendix.

    Consolidated revenue for the quarter was $435 million, a 6% decrease year-over-year. Excluding acquisitions and divestitures, organic revenue increased 3% over the same period. As Jim mentioned, organic revenue growth was impacted by a challenging year-over-year comparable as we've began to lap tenacious performance by sum traffic units that began in the third quarter of 2017. Sales to the U.S. government increased $27 million or 23%. This growth is largely attributed to deliveries under the EO/IR force Protection program as well as cooled military camera cores supplied by their Industrial traffic Unit. U.S. government revenue represented 33% of total revenue compared to 25% in the third quarter of 2017. Adjusted indecent margin improved 330 basis points year-over-year to 52%.

    The expand in adjusted indecent margin was driven by propitious mix and productivity gains driven by The FLIR Method. This was their seventh consecutive quarter of adjusted indecent margin expansion and highest quarterly adjusted indecent margin since 2013. Third quarter adjusted operating margin was 24%, 260 basis points higher than final year. They created solid operating leverage to achieve adjusted net income of $18 million, up 10% for the third quarter of 2018.

    Adjusted EPS was $0.57, also 10% higher than prior year. Adjusted net income was favorably impacted by a 430 basis point decrease in their efficient tax rate versus Q3 of the prior year. This was primarily due to the enactment of the U.S. Tax Cuts and Jobs Act, as well as a jurisdictional mix shift of their taxable income.

    Due to changes in their estimate of the repercussion of the unique U.S. tax legislation on exotic and domestic profits, they now hope their full-year 2018 efficient tax rate to be approximately 21%, excluding discrete items that repercussion the GAAP tax rate. During the third quarter, the Swedish Tax Authority issued a proposed tax assessment to one of their non-operating subsidiaries in Sweden.

    The proposed assessment of approximately $300 million confirms the employ of tax credits, applied against capital gains recognized in the 2012 tax return. They believe the proposed assessment is incorrect and the assertions therein are incompatible with applicable tax regulations. They intend to vigorously shield the company against the proposed assessment.

    During the quarter, they generated cash rush from operations of $122 million. This brings their cash rush from operations for the first nine months of 2018 to $276 million, representing a 32% expand over the same term final year, driven by earnings and working capital improvements. Year-to-date, they repurchased approximately 2 million shares at an average charge of $50.52 per share, with these repurchases and $66 million in dividends paid, they returned a $166 million to shareholders during the first nine months of 2018.

    Despite these uses of cash, they increased their cash balance by $85 million during the third quarter to $593 million, positioning us well for future capital deployment, including execution on a number of acquisitions and investments in their current pipeline. At the traffic unit level, they again saw organic revenue growth across sum three businesses. traffic unit smooth operating margins increased 160 basis points over the third quarter of 2017. As a result of propitious mix and productivity gains, driven by The FLIR Method.

    Turning to slide 9. I will highlight performance from each of their traffic units. soar with the Industrial traffic Unit, third quarter revenue was $177 million, up 4% from the third quarter of 2017, driven by force in automotive, industrial, UAS and optical gas imaging products.

    Operating income for industrial was $56 million, 3% higher than the prior year. Operating margin was in line year-over-year with productivity gains, driven by The FLIR mode offset by a lower margin product mix. The Government and Defense traffic Unit saw revenue growth of 1% year-over-year. Deliveries of gimbaled systems for the EO/IR-FP program, UAS systems and higher service revenue were top-line strengths. Revenue growth was partially offset by a challenging year-over-year comparable, due to a big international order for airborne systems in the third quarter of 2017.

    Government and Defense operating income increased 2%, compared to the third quarter of 2017. healthy product mix contributed to a 30 basis point improvement over the prior year. During the third quarter, Government and Defense backlog reached $371 million to finish the quarter, a 6% expand over the second quarter of 2018.

    Bookings grew 25% over Q2 2018, driven by orders from the recently won Next Generation Chemical Detector Program from the U.S. Army. Book-to-bill was just over 1.2 times for the quarter. The Commercial traffic Unit third quarter revenue was down 31% year-over-year, due primarily to $43 million of revenue in Q3 2017 from the Security businesses divested earlier this year. Excluding acquisitions and divestitures, commercial third quarter revenue grew 6% over final year. They saw continued force in Maritime's Axiom multi-functional displays and their bright Traffic solutions. Operating income for the Commercial traffic decreased 27% year-over-year. This decrease was due primarily to $3 million in prior-year operating income from the divested security businesses. Operating margin improved 60 basis points over the prior year.

    I will now pass the muster back to Jim.

    James J. Cannon -- President and Chief Executive Officer

    Thank you, Carol.

    Overall, we're encouraged by the results thus far in 2018. As they positioned the company for a tenacious finish to the year and peep ahead to 2019, we'll continue to emphasize execution in their core businesses and delivering on operating performance objectives. As we've stated, we'll hunt to balance growth, operating leverage and investments in the business.

    In closing I want to remind everyone of their daily chore to consistently exceed their commitments with integrity and their purpose, which is to innovate the world's Sixth Sense to deliver lives and livelihood. They operate with their be FLIR values to be brave, be bold, be ready and be ambitious. These values are at the heart of The FLIR mode and they drive integrity, speed, innovation and a winning culture.

    I'll now open up the muster for mp;A. Operator?

    Questions and Answers:

    Operator

    Thank you. (Operator Instructions) Their first question is coming from the line of Noah Poponak with Goldman Sachs. delight proceed with your question.

    Noah Poponak -- Goldman Sachs -- Analyst

    Hey, propitious morning everybody.

    James J. Cannon -- President and Chief Executive Officer

    Good morning, Noah.

    Noah Poponak -- Goldman Sachs -- Analyst

    I wondered, if it might be possible to -- I don't know, if you hold the numbers here in front you, hopefully you do. I know, you've spoken generally to the, sort of near-to-medium term temporary issue in Government and Defense of the programs that roll off and therefore create a temporary year-over-year growth rate headwind. Is it possible to actually, just kind of smooth set us on what they are -- what they were in the quarter, how much they declined in the quarter and then how much will they declined over the next few quarters and when they stop? I don't know if you've ever super-precisely, heard those numbers. Just to rep everybody on the same page on that issue.

    James J. Cannon -- President and Chief Executive Officer

    Yeah, sure. I mean, jubilant to provide color for certain. In the quarter, obviously, the EO/IR-FP program that was a substantial driver that was awarded final year is coming to an end. There are a few more systems that we're going to ship in the fourth quarter and DR-SKO, which you know has been a long-tenured program for us and driver for us, they hold one more tranche that they hope and then there may be more based off need and requirement, but that will certainly lapse. So we've got that arbitrage until some of these larger programs of record we're competing for franchise wins pick up. But I guess two points I'll bring up and then hand it over to David to talk in any more color is the book-to-bill was at 1.2 in their Government and Defense traffic Unit, so we're continuing to drive smaller wins, and for the next two years, OCO dollars are in that groundwork DOD budget. So that's a worthy region of break for us to Go win traffic to mitigate the arbitrage of some of these larger programs closing before others pick up. David, attain you want to add some color?

    David Ray -- President, Government & Defense traffic Unit

    Jim, I think, you hit spot on. Their 1.2 book-to-bill for the quarter was very enlightening, that's two quarters in a row, we've done above $1 book-to-bill. That's a leading indication of backlog growth with as you mentioned EO/IR FP going down of DR-SKO, they hope another booking in Q4 on DR-SKO, that'll heave us in the mid-2019. I also account there are upgraded opportunities with that program. But on -- sum in all, their book-to-bill in the final two quarters and touching into the future really is an indication of their backlog growth growth that mitigates that in the short term as they execute on some of these franchise programs they aim to win in 2019.

    Noah Poponak -- Goldman Sachs -- Analyst

    Okay. The International Airborne Program that was a headwind year-over-year in the quarter, how much was it down?

    James J. Cannon -- President and Chief Executive Officer

    That was at the delivery they had to the Mexican Navy and it was about $30 million.

    Carol P. Lowe -- Chief pecuniary Officer

    Yeah. It --

    Noah Poponak -- Goldman Sachs -- Analyst

    It went shape 30 to 0.

    Carol P. Lowe -- Chief pecuniary Officer

    Yes. It was $18 million for the quarter. $18 million and-yeah, so -- and then zero in the quarter for that specific program.

    Noah Poponak -- Goldman Sachs -- Analyst

    Sorry. What was it in the year-ago quarter?

    Carol P. Lowe -- Chief pecuniary Officer

    $18 million.

    Noah Poponak -- Goldman Sachs -- Analyst

    And what was it in this quarter?

    Carol P. Lowe -- Chief pecuniary Officer

    Zero.

    Noah Poponak -- Goldman Sachs -- Analyst

    And then can you give me that same -- those same numbers on DR-SKO?

    Carol P. Lowe -- Chief pecuniary Officer

    So DR-SKO for Q3 '17 and Q3 '18 are approximately flat at $14 million to $15 million between the two year-over-year.

    Noah Poponak -- Goldman Sachs -- Analyst

    And then, what are each of those programs, due year-over-year next quarter?

    Carol P. Lowe -- Chief pecuniary Officer

    So they -- it's less for 2018 for the DR-SKO. It's about half, and it was about $20 million Q4 2017.

    Noah Poponak -- Goldman Sachs -- Analyst

    Got it. On the -- on your point on bookings and the backlog there, I hear you on where the reserve to bill came-in in the quarter, which does beget it peep affection that's maybe picking up for you. But on the other hand, I account it is a pretty consistently seasonally tenacious quarter, the third quarter. And if I peep at their trailing 12-month number, I account it's soundless below on or if I just peep at the government and defense backlog at the finish of the quarter, it's at the same number as where you ended 2016. Yeah, I know you hold these program specific situations, but just directionally that's not really exact for too many defense companies, given what's been happening with the budget. And so, just wondering if there's anything unique to that, maybe with the program specifics or if you're looking for a meaningful change in the backlog in the immediate term?

    Carol P. Lowe -- Chief pecuniary Officer

    So, two things. So I'm particularly proud of the one that to book-to-bill, and especially when you peep at the comparable to 2017, the EO/IR-FP program that they talked about was booked in that quarter. That was a substantial booking, and the fact that we've covered most of that with the growth that we've had in this quarter is an indication of their portfolio diversity.

    So that gives me worthy confidence that as they peep forward to execute on their strategy, not only are they focused on programs that really replace those types of bookings in the current surveillance business, but they hold a portfolio that's diverse enough. Of course so as invest in the future, really position for unique opportunities as mentioned around NGCD 3 that they talked about earlier.

    Going forward, when they account about the year, we'll continue to Go and really hit hard the mid-to-smaller programs, as they wait for some of the larger franchise programs to materialize. I account what they profit from is a relative balance with respect to domestic and international bookings, and how we're positioned in those areas. Lot of their mid-to-small bookings that they were going to reserve in Q4, next year and Q1 of the following year are international in nature and they account that gives us a worthy head against the upcoming headwind that maybe seen in 2021 and beyond relative to the budget.

    So the portfolio diversity they hold as a traffic geographically and the fact that we've been able to replace pretty much the bookings of that big EO/IR-FP program of final year, really I account give us a positive momentum as they execute their strategy that Jim laid out earlier.

    Operator

    Thank you. Their next question is from the line of Michael Ciarmoli with SunTrust Robinson Humphrey. delight proceed with your question.

    Michael Ciarmoli -- SunTrust Robinson Humphrey -- Analyst

    Hey, propitious morning guys. Thanks for taking the question. Maybe just to sojourn on Noah's line of questioning. I mean, so how should they calibrate in this sort of environment as you were just talking about with sort of the defense budget, the book-to-bill. What sort of a realistic longer term growth trajectory for that traffic contemplating the headwinds. And maybe if you can even give us some color on the next-gen chemical detector, you've got that initial booking, calling it a franchise opportunity. But can you give us a sense of what the tail might peep affection on that potential program?

    James J. Cannon -- President and Chief Executive Officer

    Well, as they said in their Investor Day, they hope sum of their traffic units to grow at a annual CAGR of 5% or greater. also as we've mentioned, they began this focus on franchise programs, larger programs of record about nine months ago, almost a year ago. And it takes time to develop those programs to sequel those captures in place.

    In the meanwhile, a lot of the wins that we're having in the book-to-bill being greater than 1.0 are driven by smaller and in many cases very profitable opportunities they hold with technology we've developed. I'll point to a lot of the conversation they had about unmanned solutions. The VRS solution, the Vehicle Reconnaissance System for case is not a Part of a substantial program. It's a technology we're bringing to market and they hope and already hold a lot of enthusiasm as most of their forces fight mounted, and they need some kind of point of that or non-line of sight reconnaissance system.

    And for traditionally, as always competed in bringing these technologies to the warfighter and winning smaller wins if you will, a lot of it through OCO funding, and for the next two years, again, that OCO funding is in the groundwork budget.

    The substantial program wins, the military are awarding now, again started years ago in many cases. And if you peep at the six modernization priorities that the Secretary of Defense has outlined, they line up very nicely with many of those affection next-generation perpendicular lift, next gen manned unmanned ground combat vehicle, soldier lethality in particular as they continue to shove size, weight, power for uncooled IR cores and focus on unmanned solutions and other sensors, et cetera.

    So again when I account about this space in the near-term, I descry us continuing to grow the business, continuing to grow backlog. It'll be lumpy. They want sum the businesses to contribute greater than a 5% CAGR. And then as they rep out into late 2019, 2020, 2021 and 2022 where they hold very specific programs that we're developing and compete on, they hope and hope to rep larger wins if you will.

    Michael Ciarmoli -- SunTrust Robinson Humphrey -- Analyst

    Got it. That's helpful. And just maybe, you mentioned competition there a couple of times. Any thoughts, whether there are opportunities or potential pressure from two of the bigger infrared players, maybe thinking of L3 and Harris coming together? Does that, potentially, create challenges for you? Does it create some opportunities? If the customer is looking for another vendor for things affection goggles? Can you, maybe, just give us some color on thoughts on that consolidation in the space?

    James J. Cannon -- President and Chief Executive Officer

    I don't want to converse to that consolidation, specifically. Other than to say, their strategy remains intact and relevant, and we're very enthusiastic about it.

    Michael Ciarmoli -- SunTrust Robinson Humphrey -- Analyst

    Okay. And then, maybe, just one more for Carol, on the op-margins, the final two quarters, I think, running at 23.5%. The long term target is 23%, what are the levers are you guys pulling or maybe, even what inning are you in here and I noticed the substantial -- there was a substantial drop in R&D I guess down $4.4 million sequentially, it's under 10%, it looks affection a six quarter low. Should they hope R&D to kind of trend at these levels? Maybe just some color there.

    James J. Cannon -- President and Chief Executive Officer

    Yeah. I'll articulate few words and then hand it to Carol. Yeah, as they mentioned in the prepared remarks, we're balancing margin expansion with investment back in the business. What you've seen with R&D spending is not indicative of a long-term trend instead. We're trying to focus the R&D much more. We've got a very broad-base of businesses and serve a very wide achieve of end-markets. And so this year, we're trying to concentrate some of the R&D trouble around what they believe are more attractive longer-term markets affection unmanned or bright transportation, smart and connected cities or ADAS applications coupled with that.

    So you will descry more focus in how they dispense the R&D spending. I don't account any substantial aberration from what we've spent in the past historically. And they had a worthy quarter in terms of operating margin rates. But to be the company, they want to be three years from now and hold that concentrated force in augmented reality, and simulated intelligence and link machine learning to beget their sensors smarter and more mission capable, we're going to hold to beget additional investments.

    Carol P. Lowe -- Chief pecuniary Officer

    And -- I'll add to that, just to kind of muster out everything that they highlighted in the prepared remarks around the benefits that we're getting through The FLIR Method. And that impacts not only their indecent profits and indecent margins, but also operating income, operating margins. But they also had a timing profit relative to their common and administrative expenses, just the timing of unavoidable accruals and that you'll descry a miniature bit more heavily weighted expense for corporate expense in 20 -- in the Q4 2018. So it's just timing, and their common corporate expenses are soundless running, that's $70 million to $75 million kind of flat year-on-year.

    Michael Ciarmoli -- SunTrust Robinson Humphrey -- Analyst

    Got it. That's helpful. Thanks a lot guys.

    James J. Cannon -- President and Chief Executive Officer

    Thank you.

    Operator

    Thank you. The next question is coming from the line of Louie DiPalma with William Blair. delight proceed with your question.

    Louie DiPalma -- William Blair -- Analyst

    Good morning Jim, Carol, Jay and the repose of the team. This quarter's U.S. government sales increased by $27 million year-over-year. And I was wondering, if you can provide a breakdown of where that expand came from. I think, you mentioned, the EO/IR-FP, and I was wondering if that was the majority or if there were other contributors.

    James J. Cannon -- President and Chief Executive Officer

    There's a wide achieve of contributors. Certainly, they deliver a bulk of the EO/IR-FP program. also in their Industrial traffic Unit, a lot of the components that they supply to other defense contractors saw a very tenacious quarter as well. Shipments out of Santa Barbara for different cooled components, et cetera. Unmanned applications, the CBRNE applications, really across a gross spectrum of products they saw growth. I don't know if I could point to -- I guess the two strongest would be the EO/IR-FP and components out of Santa Barbara for other defense contractors.

    Louie DiPalma -- William Blair -- Analyst

    Okay. And secondly on this quarter and final quarter's calls, auto was cited as a source of force for your industrial OEM division. And traditionally your partner Veoneer has priced the night vision heart or service for frill auto customers that over $2,000 per vehicle. And I was wondering, if anything has changed with your go-to-market strategy there, that maybe stimulating demand.

    James J. Cannon -- President and Chief Executive Officer

    Yeah, open why don't you heave that question, there's a lot that's happened in the past couple of quarters as they focused on that market.

    Frank Pennisi -- President, Industrial traffic Unit

    Sure. Just to let you know, a combination of we're soundless working with Veoneer that one of the folks are most intimate with from sum the benefits of thermal the fact that they can descry at night, and rain and fog. And actually even if you read the owner's manual, as you crack up on owner's manual for an automatic emergency braking system, you'll descry -- you can't descry crouch pedestrians, and you can't descry people are up against metal. You know a lot of things that thermal does that allows you to descry more things. They are not exclusive with Veoneer, we're actually going to market with a number of different partners and working on that. And Veoneer has been breaking into more and more measure platforms, but lower or higher volume, lower-priced, higher-volume platform.

    So as a consequence, we're seeing a lot of growth there. We're seeing platforms from Volkswagen, common Motors and Peugeot coming into play, that are actually driving a lot of that growth. They give us more scale and more faculty to continue to rep into more and more platforms as they Go and eventually rep under autonomous vehicles.

    James J. Cannon -- President and Chief Executive Officer

    And I'll add. When I account about what they can attain with ADAS applications, they really peep at it from two perspectives. One, certainly with thermal sensors on the vehicle. And I think, open did a propitious job describing those benefits. And the other is with the infrastructure and the acquisition of Acyclica is a Part of their bright Transportation business, it's in the Commercial traffic Unit, the V2X technology. So intersections can be smarter, Run real-time analytics, communicate with the vehicle. sum the sensors on the world can identify pedestrian coming from the other side of a edifice into an intersection for example. So when they again account about the opportunities with ADAS, they account about both on-vehicle applications, as well as connected infrastructure.

    Louie DiPalma -- William Blair -- Analyst

    Thanks Jim and Travis. One final one and perhaps for David Ray. During the quarter, a competitor, notably won a big Infrared Award for Textron's Shadow drone. And I think, Jim during an answer, you mentioned a potential opportunities with next-generation perpendicular lift. For future aircraft, electrical-optical sensor award such as the Boeing's Huey replacement and the future Boeing's Stingray Tanker Drone, attain you guys feel that FLIR has the sensor to compete against the established primes for those future condense awards?

    David Ray -- President, Government & Defense traffic Unit

    Well, I'll heave that question in two parts. So the retort is, yes, both today -- and the investments we're making to really shove what we're trying to attain size, weight and power from a sensor's perspective. The competence you mentioned for Textron's UAS requires smaller sensor. Their investments that we're making, touching forward to really lay out their EO/IR strategy involves really not only the gimbal size activity they hold today, but we're really looking at smaller opportunities there as well as the delivery mechanisms i.e. UAVs for ISR becomes smaller.

    When you account about programs such as Next-Generation Combat Vehicle, Future perpendicular Lift, I think, we're well positioned from a technology perspective on what they hold today as well as the investments we're making over the next year to really Go -- become a major player there. But in its totality, I think, it's a combination of the systems they hold today, but more importantly, how we're equipping those both from a swap perspective and a technology insertion through the investments that Jim talked about earlier that are really going to position us. This is Part of a strategy, we've deliberately started to execute within the final year, and as Jim came on board, a year and a half, and it's going to heave time for us to age that and they hold targeted opportunities. They hope to realize those investments.

    Operator

    Thank you. (Operator Instructions) Their next question is coming from the line of Pete Skibitzki with Alembic Global Advisors. delight proceed with your question.

    Pete Skibitzki -- Alembic Global Advisors -- Analyst

    Hey, propitious morning guys. I apologize, I missed Part of Noah's initial question. I think, I got the flavor for it and hopefully I'm not repeating anything, but Jim on the status of GBOSS-E, are you going for an integrated role there or for a different role, and I'm just wondering whatever role you are going for, could it be equivalent in size to the EO/IR-FP program.

    James J. Cannon -- President and Chief Executive Officer

    With GBOSS-E, again they integrate sum the technology and such on the platform. right now, GBOSS-E, whenever they rep awarded, we're not unavoidable of, are they going to continue with the current program, the -- EO/IR-FP program or beget a decision on GBOSS-E, I account that's one of the things that's opened up in the air right now. With a two year DoD budget set, and with sum the modernization priorities that are under way, there's a lot of trouble to figure out how DoD prioritizes, makes decisions in the near term with the dubiety past 2020, right? In 2021, 2022, what's going to befall to DoD budget.

    But that product started as the right program evolved into the EO/IR-FP program ultimately may become the GBOSS-E program, could be of the scale that we've seen in the past. It's a battle proven solution that really helps with force protection. We're working now to bring even additional technologies through other minority investments and innovations we're doing to that capability.

    Pete Skibitzki -- Alembic Global Advisors -- Analyst

    I understand, understand. One quick follow-up on Soldier Borne sensors. Are you guys expecting a final award announcement before the calendar year finish or we're pushing into 2019?

    James J. Cannon -- President and Chief Executive Officer

    So the follow-on on SBS, so they won angle one as you know. Tranche 1 was which is the next competition is expected to be awarded around the finish of Q1 timeframe next year. They hope to rep the RFP on that probably before the finish of the year here. Again, we're continuing to ensure that we're properly positioned to go, drive execution of that, we're delivering on angle one to expectations today. So I don't descry any of that changing in the near-term.

    Pete Skibitzki -- Alembic Global Advisors -- Analyst

    Thanks so much, guys.

    James J. Cannon -- President and Chief Executive Officer

    Thank you.

    Operator

    Thank you. Their next question is coming from the line of Peter Arment with Baird. delight proceed with your question.

    Peter Arment -- Baird -- Analyst

    Yeah, thanks. propitious morning, Jim and Carol. Jim, question I guess on industrial. You've had nice growth year-to-date, but there was a sort of a deceleration here. I wonder, if you could just give us some of the details around that, whether it's just more timing and tougher comps, what's driving sum that, are you seeing any impacts from different parts of the regions, any weakness in Asia? And then just as a follow-up to sum this is, just how you're doing in kind of -- your kind of newer pricing strategy that you talked about at your Investor Day? Thanks, Jim.

    James J. Cannon -- President and Chief Executive Officer

    Right. Yeah. Their Industrial traffic Unit has had a tenacious year certainly year-to-date. They always knew the back half would be a tougher comp than the first step and hold signaled that. They haven't seen any, I'd say, marked deceleration in any Part of the business, the instruments traffic slowed a bit in Q3 compared to prior quarters, the past four or five quarters Run rate and that principally was in their European market there.

    But in other markets for instruments, for example, their OGI, their optical gas finders hold seen tremendous growth. And that's a very tenacious product for us as regulation and sensitivities around environmental health and safety hold increased and we've got additional features and product capability that's going to Come out around that solution. If you talk about geographic trends, their traffic can be lumpy right across sum of their businesses as they win various projects or programs. They account certainly in the Middle East in this past quarter, a couple big security orders slip out a bit that they were expecting.

    Latin America and Canada was driven principally by the delivery to the Mexican Navy that they referenced early when they talk about year-on-year movement that way. With admiration to the pricing actions, I'm really pleased with how that trouble is coming along and pricing affection productivity is an trouble that takes time to rep going, right? I mean, it takes at least a year to kind of prime the opportunity, to rep the resources on board, collect the data, understand the data, pick the opportunities, and start to Go after it.

    We mentioned several times in the prepared remarks they are soar to descry some of the productivity effects of The FLIR Method. Now, with admiration to pricing, most of that trouble is focused not so much on current product offering, but future products that we're bringing to market. So, as we're going through the tollgate process to launch unique products, pricing -- and their pricing leader in tools that are being sequel in plot now are getting exercised. So, I don't account we're really going to descry a marked result there, really until we're exiting this year going into 2019 as some of these newer products Come to market.

    Peter Arment -- Baird -- Analyst

    Appreciate the color. And thanks Jim.

    James J. Cannon -- President and Chief Executive Officer

    Thank you.

    Operator

    Thank you. Their next question is coming from the line of Josh Sullivan with Seaport Global. delight proceed with your question.

    Josh Sullivan -- Seaport Global -- Analyst

    Hi. propitious morning.

    James J. Cannon -- President and Chief Executive Officer

    Good Morning.

    Josh Sullivan -- Seaport Global -- Analyst

    Just on the investments, you mentioned necessary to position for the long-term growth, and I know you're going to give us more detail in February. But are the investments organic, inorganic, SG&A or even CapEx, is there any pass to frame the context of the conversation at this point?

    James J. Cannon -- President and Chief Executive Officer

    Sure. Again in the fourth quarter, they want to provide much more commentary but, not to be coy, but it's kind of sum the above less so on the CapEx though. I account the investments they need to beget certainly are organic and that we've got to attract some different skillsets into their traffic of scale, technical capabilities that they haven't had the kind of depth they need as they Go forward.

    There are also are inorganic investments and those Come in two pieces. Certainly, they hold an dynamic pipeline of acquisitions that we've been working on for some time, but you've seen us beget several minority investments now. And those minority investments are investments that we're making principally to foster their technology roadmap, there are companies that perhaps aren't for sale nor would they want to own them, but they need exclusivity for a capability that they hold to integrate into their solutions.

    Acyclica, the acquisition they made there, certainly is one that they can point to in the past quarter and CVEDIA, the minority investment they made that they can point to in this past quarter helps across a gross host of their traffic applications, because it creates the engine that can befriend their machines learn much more quickly and more economically.

    So, certainly, some organic investments in terms of talent, in (inaudible) NRE, inorganic as well. I don't descry a lot of really big CapEx that's required though. I don't descry it being too tremendously capital-intensive what they need to do.

    Josh Sullivan -- Seaport Global -- Analyst

    Okay. Thanks. And then I guess, just as a -- follow-up on your comments about the M&A pipeline there. Is the market volatility influencing you are pushing toward joint ventures or acquisitions one pass or the other at this point?

    James J. Cannon -- President and Chief Executive Officer

    No, I don't account the volatility is certainly that we've seen, pushes us one pass or the other. They sequel together a very deliberate acquisition campaign if you will. They want to be again measured about how they attain it. The minority investments really hold been driven by their wish to rapidly foster their technology roadmap.

    Josh Sullivan -- Seaport Global -- Analyst

    Okay. Thank you.

    James J. Cannon -- President and Chief Executive Officer

    Thank you.

    Operator

    Thank you. Their next question is coming from the line of Jeff Kessler with Imperial Capital. delight proceed with your question.

    Jeff Kessler -- Imperial Capital -- Analyst

    Thank you. Hi Jim. Hi Carol. propitious to talk with you again. I just came from a Safe Cities Conference and the talk about the increasing amount of public-private partnership money that's being made available for the first time really. And what I'm thinking of is looking at other companies that hold benefited from this like, let's just articulate TASER or Axon and ShotSpotter, what are you seeing in the types of programs that are out there or being mentioned out there for safe cities that you descry affecting your business? And I know that this would Go across a couple of your divisions?

    James J. Cannon -- President and Chief Executive Officer

    Right. Travis, attain you want to address that?

    Travis D. Merrill -- President, Commercial traffic Unit

    Sure. Hey Jeff. Hi. They continue to descry a lot of enthusiasm in the smart and safe city domain whether it be security orientation, really securing the entire metropolitan region and in some cases even expanding beyond that into the suburbs, seamlessly networked across a solitary VMS. Largely, we're seeing public funding around that and sometimes coming at the federal smooth both within Europe as well as within the U.S.

    Likewise, they are seeing, on the smart side much more momentum on the bright Transportation Systems. We're also starting to descry a miniature bit of a joining of these two areas into more of a solitary type platform across municipalities. So yeah, I express the momentum there is good. That's where we've really focused their enterprise security business, we've had some nice wins there in the past couple of quarters. So it's going to be a continued focus for us.

    Jeff Kessler -- Imperial Capital -- Analyst

    Okay. A follow-up question would be, can you update us on any unique product advancements in the sensor region that maybe affecting the company in 2019, 2020 with admiration to what you maybe doing with Boson or Lepton, or is something unique that would heave it -- that would heave thecharacteristics of those minuscule sensors that you hold out there a miniature bit further. I know you're not give out anything specific but I'm just wondering what you're looking for in terms of your infrared sensors to heave it to the next step or the next year? And who's going to be requiring something affection that?

    James J. Cannon -- President and Chief Executive Officer

    Well, that's a worthy question. I mean, at the core, no pun intended of their business. We're always seeking to shove size, weight, power, SWaP-C performance. The Lepton was obviously a breakthrough for us and you're seeing the Lepton now integrated into a different security sensors, for case the Lepton integrated with a EO camera and LEDs that can light up with onboard analytics to know if it's a dog or a humanoid touching to trigger the alarm. I'll Go back though to what we're doing around unmanned applications. The more that they can attain by pushing SWaP-C with sensors, gives their unmanned applications more endurance and more capability.

    So that intersects their company in a lot of places. Unmanned solutions that we're delivering, security solutions, I could Go on and on, ADAS for case as well. But absolutely the Boson we're true proud of, it's maturing nicely in production, et cetera getting into a host of different solutions but we're certainly not satisfied with it. They always hunt to constantly sort of disrupt ourselves with admiration to their cores.

    Jeff Kessler -- Imperial Capital -- Analyst

    Yes. Thank you.

    James J. Cannon -- President and Chief Executive Officer

    Thank you.

    Operator

    Thank you. They attain hold a follow-up question from the line of Noah Poponak with Goldman Sachs. delight proceed with your question.

    Noah Poponak -- Goldman Sachs -- Analyst

    Thanks. Carol, the cash rush statement in the release cites $26 million of other activity impacting operating cash flows. What is in there?

    Carol P. Lowe -- Chief pecuniary Officer

    So there are within pensions and other liabilities is Part of that. So that includes amounts relative to the consent agreement, penalty and then just changes relative to a combination of the pension and just other assortment liabilities, but the concern agreement is probably the biggest piece of it.

    Noah Poponak -- Goldman Sachs -- Analyst

    Is your change in working capital in that number? Or can you order us what that was in the quarter?

    Carol P. Lowe -- Chief pecuniary Officer

    So, the total working capital number the improvement for that, the net working capital we've been down for three quarters in a row now and we're down 8% on a year-over-year basis and that's primarily driven by accounts receivable and accounts payable improvements.

    Operator

    Thank you. They hold reached the finish of the question-and-answer session. So I'd affection to rotate the floor back over to management for any additional or concluding comments.

    James J. Cannon -- President and Chief Executive Officer

    Again, I want to thank sum of you for joining their muster today. As always, I especially want to thank their over 3,500 FLIR employees across the globe for their continued fire and dedication to their customers. They peep forward to updating you on their fiscal year finish results after the unique Year. Thank you everyone.

    Operator

    Ladies and gentlemen, this does conclude today's teleconference. Again, they thank you for your participation and you may disconnect your lines at this time.

    Duration: 54 minutes

    Call participants:

    Jay Gentzkow -- Head of Investor Relations

    James J. Cannon -- President and Chief Executive Officer

    Carol P. Lowe -- Chief pecuniary Officer

    Noah Poponak -- Goldman Sachs -- Analyst

    David Ray -- President, Government & Defense traffic Unit

    Michael Ciarmoli -- SunTrust Robinson Humphrey -- Analyst

    Louie DiPalma -- William Blair -- Analyst

    Frank Pennisi -- President, Industrial traffic Unit

    Pete Skibitzki -- Alembic Global Advisors -- Analyst

    Peter Arment -- Baird -- Analyst

    Josh Sullivan -- Seaport Global -- Analyst

    Jeff Kessler -- Imperial Capital -- Analyst

    Travis D. Merrill -- President, Commercial traffic Unit

    More FLIR analysis

    Transcript powered by AlphaStreet

    This article is a transcript of this conference muster produced for The Motley Fool. While they strive for their ridiculous Best, there may be errors, omissions, or inaccuracies in this transcript. As with sum their articles, The Motley Fool does not assume any responsibility for your employ of this content, and they strongly hearten you to attain your own research, including listening to the muster yourself and reading the company's SEC filings. delight descry their Terms and Conditions for additional details, including their Obligatory Capitalized Disclaimers of Liability.

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    NSF launches $19 million research program for computer security, with Cornell's Fred Schneider as chief scientist | killexams.com true questions and Pass4sure dumps

    ITHACA, N.Y. -- Cornell University will be Part of a nationwide initiative to develop long-term solutions to computer security problems, the National Science Foundation (NSF) has announced. The NSF expects to provide almost $19 million in funding for the program over five years, with about $3 million coming to Cornell.

    The aim creates a unique Science and Technology heart that will bring together researchers with a tenacious background in security research from eight academic institutions along with industrial and government partners. Fred Schneider, Cornell professor of computer science, will be chief scientist; S. Shankar Sastry, professor of electrical engineering and computer sciences at the University of California-Berkeley, will be principal investigator and director of the unique center. Stephen Wicker, Cornell professor of electrical and computer engineering, leads the participating team of Cornell faculty and will be a member of the center's governing board.

    The researchers hold named the consortium TRUST, for Team for Research in Ubiquitous Secure Technology. The direct of TRUST's research is to create unique technologies -- and perhaps even unique convivial institutions -- that will beget it possible to build computer software and networks that are inherently secure. "Security" here means not only protection against outside attacks, but also reliability of service and preservation of data.

    "It's an extremely tenacious group, and it's going to be very exciting working with them. I hope to descry some worthy toil resulting from this collaboration. I hope to learn a lot, too," said Schneider, who is director of the Information Assurance Institute, a joint project of Cornell and U.S. Air force researchers. He also is a founder and board member of the Griffiss Institute, a unique York situation security consortium. From 1998 to 2000, Schneider chaired the National Academy of Sciences' study committee on information systems trustworthiness. The committee's toil led to the publication of the reserve confidence in Cyberspace, which Schneider edited.

    Four other Cornell faculty members also will participate in the effort. They are: Kenneth Birman, professor of computer science; Rajit Manohar, associate professor of electrical and computer engineering; Emin Gun Sirer, aide professor of computer science; and Lang Tong, professor of electrical and computer engineering.

    The funding comes from NSF's Science and Technology Centers: Integrative Partnerships program, which creates collaborations among academic institutions, national laboratories, industrial organizations and others for research and education projects of national importance. Although funding for unique centers under the program was scheduled to be cut, Congressman Sherwood Boehlert (R-N.Y.), chairman of the House Science Committee, worked to hold it reinstated.

    "This is wonderful tidings for Cornell University and for upstate unique York, proving once again that their region is on the forefront of information security research," Boehlert said. "I congratulate Dr. Fred Schneider, Dr. Shankar Sastry and the sum the members of the confidence consortium for winning this award. They represent the dream team of information assurance and complicated systems research, and their partnership is exactly the type of collaboration that was envisioned by the Cybersecurity Research and progress Act of 2002 that I authored. I am also pleased that the confidence consortium will be working closely with the Air force Research Laboratory -- Information Directorate at Rome, N.Y., to develop the next generation of secure, robust and amenable information systems."

    As computing and communication become ever more essential to the nation's financial, energy distribution, telecommunication and transportation infrastructures, attacks on computer systems hold rapidly increased at sum levels, the researchers point out. Since the essence of most attacks is to fool a computer into running a program surreptitiously loaded by an outsider, Schneider and others hold proposed unique software technology that would allow computers to determine whether a program is trustworthy and will attain what it claims to do.

    In addition to protecting computers against attacks, confidence will account ways to ensure that stored data remains intact and computer networks operate smoothly. Businesses increasingly reckon on distributed sensors and controls to monitor and direct manufacturing and shipment of goods, but the networks used today remain vulnerable to breakdowns and intrusion. The electric power grid is a prime case and will be a key test bed for the research. "We need to learn how lightning storms in Ohio can lead to lights going out at JFK airport," Wicker explained.

    Privacy, legal, societal and usability issues will be built into the technology as it is developed rather than added on as an afterthought, the researchers said in their proposal. "The best security in the world is useless unless you hold a protocol for making sure people don't attain something stupid," Wicker said. "We also aim to sequel more societal issues into their technical courses so students will understand how user behavior affects security."

    The team's long-term approach includes creating programming languages and other tools with which secure systems can be built in the future and educating today's students in the employ of those tools. The team will create courses in security and in edifice trustworthy systems, which will first be taught at the affiliated institutions and later made available to schools outside the team.

    The other academic institutions involved are Carnegie Mellon University, Mills College, San Jose situation University, Smith College, Stanford University and Vanderbilt University. Industrial and other partners are Bellsouth, Cisco Systems, ESCHER (a research consortium that includes Boeing, common Motors and Raytheon), Hewlett-Packard, IBM, Intel, Microsoft, Oak Ridge National Laboratory, Qualcomm, Sun Microsystems and Symantec.Related World Wide Web sites: The following sites provide additional information on this tidings release. Some might not be Part of the Cornell University community, and Cornell has no control over their content or availability.



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