The TRW board of directors voted to reject the most recent stock exchange offer proposed by Northrop Grumman Corp. In an April 17 statement, TRW officials called the new offer "financially inadequate" and said the board would recommend that TRW shareholders not tender their shares.
December 2001 (70 programs) $1,065,044.4 New SARs (As of December 31, 2001) The Department of Defense has submitted initial SARs for BMDS (Ballistic Missile Defense System), Black Hawk Upgrade (UH-60M), C-5 RERP (Reliability and Reengining Program), and C-130 AMP (Avionics Modernization Program). These reports do not represent cost growth. Baselines established on these programs will be the
WARTON, Lancashire - The four-nation Eurofighter program has achieved several major milestones this month, including initial flights of the first instrumented production aircraft (IPAs 1,2 and 3), each of which completed three sorties on their debut outings.
SIGINT AWARD: Elta Electronics Industries Ltd., a wholly owned subsidiary of Israel Aircraft Industries, will provide new airborne signals intelligence (SIGINT) systems for three Israeli air force Gulfstream V business jets. The program's total value is estimated at $250 million.
NEW DELHI - India's indigenous Light Combat Aircraft (LCA) program, already six years behind schedule, will be delayed further by complications with the LCA's second technology demonstrator, TD2. A senior defense scientist working on the LCA project told The DAILY that there are problems with the TD2's flight software, which is not complete.
SIGINT AWARD: Elta Electronics Industries Ltd., a wholly owned subsidiary of Israel Aircraft Industries, will provide new airborne signals intelligence (SIGINT) systems for three Israeli air force Gulfstream V business jets. The program's total value is estimated at $250 million.
Dr. Ann Whitaker, Marshall Space Flight Center's head of the science directorate, has also been elected a fellow of the American Institute of Aeronautics and Astronautics.
Northrop Grumman Corp. Chairman and CEO Kent Kresa Kresa said TRW Inc.'s space and satellite business "perfectly complements" his company's defense capabilities and that he is "cautiously optimistic" the company will open its books for examination.
FALCON CONTRACT: Northrop Grumman Corp. will provide engineering services and technical support for the F-16's fire control radar under a $487 million Air Force contract. The work will cover the U.S. Air Force and 16 other air forces through Foreign Military Sales, according to the company.
India's indigenous Light Combat Aircraft (LCA) program, already six years behind schedule, will be delayed further by complications with the LCA's second technology demonstrator, TD2. A senior defense scientist working on the LCA project told The DAILY that there are problems with the TD2's flight software, which is not complete.
The Boeing Co. posted a $1.25 billion net loss for the first quarter of fiscal year 2002 due to acquisition-related charges and accounting adjustments. In an April 17 conference call with investors and analysts, company officials reported first-quarter revenues of about $13.8 billion, as compared with about $13.3 billion a year ago at this time. Net earnings for the quarter totaled $578 million, as compared with $1.2 billion in the first quarter of FY 01.
Majority Whip Tom DeLay (R-Texas) blasted NASA Administrator Sean O'Keefe during his first appearance before a House Appropriations subcommittee April 17, calling O'Keefe's human spaceflight plans "timid and anemic," and criticizing his handling of the X-38 Crew Return Vehicle (CRV) program.
The TRW board of directors voted to reject the most recent stock exchange offer proposed by Northrop Grumman Corp. In an April 17 statement, TRW officials called the new offer "financially inadequate" and said the board would recommend that TRW shareholders not tender their shares.
Majority Whip Tom DeLay (R-Texas) blasted NASA Administrator Sean O'Keefe during his first appearance before a House Appropriations subcommittee April 17, calling O'Keefe's human spaceflight plans "timid and anemic," and criticizing his handling of the X-38 Crew Return Vehicle (CRV) program.
The Missile Defense Agency plans to give its Space Based Infrared System Low (SBIRS-Low) an infusion of fiscal 2002 funds to support a newly devised restructuring of the program, Air Force Lt. Gen. Ronald Kadish, the director of MDA, said April 17. Kadish, who testified at a hearing of the Senate Appropriations defense subcommittee, did not say how much money will be reprogrammed to SBIRS-Low, but an MDA spokesperson told The DAILY the amount, which requires congressional approval, will be $13 million.
Following several months of speculation, Secretary of Defense Donald Rumsfeld announced April 17 that a new combatant command will be created to defend the United States and help civil and local agencies respond to domestic threats and crises. Northern Command, or NORTHCOM, will be the first command to have unified responsibility for the defense of the U.S., Rumsfeld told reporters at an April 17 Pentagon briefing to announce the new command structure.
Arianespace successfully launched New Skies Satellites' NSS-7 atop an Ariane 44L April 16, marking the company's fifth launch this year and leaving only five more flights before the Ariane 4 family is phased out. The liftoff from Arianespace's spaceport in Kourou, French Guiana also marked the 150th launch for the European launch provider, which has averaged 10 flights a year since 1992. Arianespace's backlog now stands at 36 satellites to be launched, plus nine Automated Transfer Vehicle (ATV) missions for the International Space Station.
Following several months of speculation, Secretary of Defense Donald Rumsfeld announced April 17 that a new combatant command will be created to defend the United States and help civil and local agencies respond to domestic threats and crises. Northern Command, or NORTHCOM, will be the first command to have unified responsibility for the defense of the U.S., Rumsfeld told reporters at an April 17 Pentagon briefing to announce the new command structure.
The four-nation Eurofighter program has achieved several major milestones this month, including initial flights of the first instrumented production aircraft (IPAs 1,2 and 3), each of which completed three sorties on their debut outings.
