Spirit AeroSystems to Design and Build Pylon for Mitsubishi Regional Jet

October 23, 2008

WICHITA, Kan., Oct. 23 /PRNewswire-FirstCall/ — Spirit AeroSystems
(NYSE: SPR) has been selected by Mitsubishi Aircraft Corporation to design
and build the pylon for its new next-generation regional jetliner, known as
the Mitsubishi Regional Jet (MRJ).

The contract award marks Spirit’s entry into the regional jet market.

“Spirit is pleased to partner with Mitsubishi Aircraft in developing
this exciting new regional jet,” said Mike King, Spirit senior vice
president & general manager – Propulsion Systems. “We’re excited to show
our new customer and fellow team members the quality and capabilities that
our employees produce on a daily basis. We look forward to building a
successful relationship with Mitsubishi in this endeavor.”

Pylon work will be done at Spirit’s facility in Wichita, Kan. A pylon
is a large, highly specialized aerostructure that holds an aircraft’s
engine and its casing to the wing. Spirit’s Wichita location has decades of
experience building pylons for large commercial aircraft. It currently
builds pylons for every Boeing commercial airplane in production.

“Spirit’s technology experience in the aircraft industry, combined with
Mitsubishi Aircraft’s wide-ranging capabilities, offer great potential for
future success in the regional aircraft marketplace,” said John Pilla,
Spirit senior vice president and chief technology officer.

“Mitsubishi selected Spirit to participate in this new venture because
of its long legacy as a world-class builder of commercial aircraft,” said
Nobuo Toda, president of Mitsubishi Aircraft Corp. “We’re confident our new
relationship with Spirit will be a successful one.”

The MRJ is a 70- to 90-seat class aircraft that will include
cutting-edge technology offering operational economy and cabin comfort for
its passengers. The first delivery of the airplane is scheduled in 2013.

About Spirit AeroSystems, Inc.

Based in Wichita, Kan., Spirit AeroSystems is the world’s largest
independent supplier of commercial airplane assemblies and components. In
addition to its Kansas facility, Spirit has locations in Tulsa and
McAlester, Okla., Prestwick, Scotland, and Samlesbury, England, and is
developing new manufacturing facilities in North Carolina and Malaysia. In
the U.S., Spirit’s core products include fuselages, pylons, nacelles and
wing components. Additionally, Spirit provides aftermarket customer support
services, including spare parts, maintenance/repair/overhaul, and fleet
support services in North America, Europe and Asia. Spirit Europe produces
wing components for a host of customers, including Airbus.

GOL Signs Interline Agreement With Condor Airlines

October 23, 2008

SAO PAULO, Brazil, Oct. 23 /PRNewswire-FirstCall/ — GOL Linhas Aereas
Inteligentes S.A. (Bovespa: GOLL4 and NYSE: GOL), Brazil’s low-cost airline
company, announces that it has signed an interline agreement with Germany-
based Condor Airlines. Through this partnership, passengers of the European
airline can purchase tickets on GOL to Belo Horizonte, Brasilia, Fortaleza,
Maceio, Natal, Rio de Janeiro and Sao Paulo.

The agreement allows the sale of point to point tickets. For added
convenience, luggage will be checked through to passengers’ final
destination on connecting international flights. The partnership increases
GOL’s feeder network by providing additional options for passengers
traveling with Condor.

Condor currently operates direct flights between Recife and Salvador,
in northeastern Brazil, and Frankfurt, in Germany. The airline serves more
than 70 international destinations in Europe, Asia, Africa and America.

About GOL Linhas Aereas Inteligentes S.A

GOL Linhas Aereas Inteligentes S.A. (NYSE: GOL and Bovespa: GOLL4),
Brazil’s low-cost airline, offers nearly 800 daily flights to 49
destinations connecting the most important cities in Brazil and ten major
destinations in South America. The Company operates a young, modern fleet
of Boeing 737 Next Generation, the safest and most comfortable aircraft of
its class that provides low maintenance, fuel and training costs, as well
as high aircraft utilization and efficiency ratios. The Company’s service
is recognized as the best value proposition in the market.

GOL Assina Acordo de Interline com a Condor Airlines

October 23, 2008

São Paulo, 23 de outubro de 2008 – A GOL Linhas Aéreas
Inteligentes S.A. (Bovespa: GOLL4 e NYSE: GOL), companhia aérea
brasileira de baixo custo, anuncia que assinou um acordo de interline
com a alemã Condor Airlines. Por meio da parceria, os passageiros da
empresa européia podem adquirir bilhetes para Belo Horizonte,
Brasília, Fortaleza, Maceió, Natal, Rio de Janeiro e São Paulo,
destinos operados pela GOL.

O acordo permite a venda conjugada de bilhetes ponto a ponto. Para
maior conveniência dos clientes, nos vôos internacionais com conexões
as bagagens poderão ser despachadas normalmente e retiradas somente
no destino final. A parceria aumenta a alimentação dos vôos da GOL, ao
fornecer opções adicionais aos passageiros da Condor.

Atualmente, a Condor realiza vôos diretos entre Recife e Salvador, no
nordeste brasileiro, e Frankfurt, na Alemanha. A empresa opera em
mais de 70 destinos internacionais na Europa, Ásia, África e América.

Sobre a GOL Linhas Aéreas Inteligentes S.A
A GOL Linhas Aéreas Inteligentes S.A. (Bovespa: GOLL4 e NYSE: GOL),
companhia aérea brasileira de baixo custo, oferece cerca de 800 vôos
diários para 49 destinos que conectam todas as mais importantes
cidades do Brasil e os dez principais mercados internacionais na
América do Sul. A companhia opera uma frota jovem e moderna de Boeing
737 Next Generation, as aeronaves mais seguras e confortáveis da
classe, com baixos custos com manutenção, combustível e treinamento,
e altos índices de utilização e eficiência. O serviço da Companhia
apresenta aos seus clientes a melhor relação custo-benefício do
mercado.

Aerojet to Provide Propulsion for NASA’s Radiation Belt Storm Probes Mission

October 22, 2008

SACRAMENTO, Calif., Oct. 22 /PRNewswire-FirstCall/ — Aerojet, a
GenCorp (NYSE: GY) company, announced today that it has been selected by
Johns Hopkins University Applied Physics Laboratory (JHU/APL) to provide
propulsion systems for NASA’s Radiation Belt Storm Probes (RBSP) mission.
The work will be conducted at Aerojet’s Redmond, Wash. facility.

The objective of the RBSP mission is to understand the fundamental
physics underlying the source, loss and transport processes that govern the
radiation belts — the two regions encircling the Earth, where high energy
particles are trapped by the Earth’s magnetic field. Observations from two
spacecraft will be used to develop empirical and physics-based models for
the radiation belts. The empirical models will be used to design improved
radiation-hardened spacecraft, while the physics-based models will be used
by forecasters to predict geomagnetic storms and alert both astronauts and
spacecraft operators to potential hazards. RBSP is part of NASA’s Living
With a Star Program. The spacecraft are scheduled to launch in 2011.

For the mission, Aerojet will provide two monopropellant hydrazine
propulsion systems, one for each spacecraft. The two spacecraft must make
identical measurements in order to observe changes in the radiation belts
through both space and time. Each satellite will carry five science
investigations to observe the charged particles that constitute Earth’s
radiation belts over the full energy range from 1 eV to more than 10 MeV
(including composition); the plasma waves which energize them; the electric
fields that transport them and the magnetic fields that guide their motion.

These particular propulsion systems include design, analysis,
manufacture and test of fully integrated systems including eight thrusters,
three propellant tanks, feed system components, thermal management and
telemetry. To date, Aerojet has delivered more than 220 liquid propulsion
systems, including several for JHU/APL. Operational JHU/APL satellites with
Aerojet propulsion systems include Advanced Composition Explorer (ACE),
Mercury MESSENGER, Pluto New Horizons and the twin STEREO spacecraft. The
Near Earth Asteroid Rendezvous (NEAR) mission — the first spacecraft to
successfully land on an asteroid — also carried an Aerojet propulsion
system.

“Aerojet is very pleased with this award,” said Dr. Scott Miller,
director of the Aerojet Systems and Technology Development Department. “We
look forward to working with JHU/APL and NASA on this important scientific
mission.”

Aerojet is a world-recognized aerospace and defense leader principally
serving the missile and space propulsion, defense and armaments markets.
GenCorp is a leading technology-based manufacturer of aerospace and defense
products and systems with a real estate segment that includes activities
related to the entitlement, sale, and leasing of the company’s excess real
estate assets. Additional information about Aerojet and GenCorp can be
obtained by visiting the companies’ Web sites at http://www.Aerojet.com and
http://www.GenCorp.com.

Key Flight Software Delivered for Missile Warning Satellite Built by Lockheed Martin

October 22, 2008

SUNNYVALE, Calif., Oct. 22 /PRNewswire/ — Lockheed Martin (NYSE: LMT)
has delivered the latest block of flight software for the first
geosynchronous orbit (GEO-1) spacecraft in the Space Based Infrared System
(SBIRS) program.

The U.S. Air Force’s SBIRS program is designed to provide early warning
of missile launches, and simultaneously support other missions, including
missile defense, technical intelligence and battlespace awareness.

The software is an interim version of the second of two major blocks of
enhanced flight software designed to provide highly reliable spacecraft
command and control operations. It provides the functionality necessary to
begin Baseline Integrated System Testing (BIST), which will characterize
the performance of the integrated satellite and establish a performance
baseline prior to entering thermal vacuum testing next year.

Lockheed Martin Space Systems, Sunnyvale, Calif., prime contractor for
the SBIRS program, has enhanced the SBIRS flight software architecture to
enable robust command and data handling, fault management and safe-hold
capabilities on the GEO satellite system.

“This delivery enables our team to begin baseline integrated system
test which represents a key milestone on our path to integrate, test and
deliver this system,” said Jeff Smith, Lockheed Martin’s SBIRS vice
president and program manager.

The second flight software block contains applications that control
space vehicle electrical power, temperature, attitude and navigation. It
also features a robust fault management system, which responds when an
anomaly is detected during on-orbit operations, putting the satellite into
a safe state while operators on the ground analyze the situation and take
corrective action.

Successful delivery of the final flight software block is necessary to
support pre-launch spacecraft testing, including thermal vacuum testing
which will validate spacecraft performance at temperature extremes greater
than those expected during on-orbit operations.

Lockheed Martin is currently under contract to provide two HEO payloads
and two GEO satellites, as well as ground-based assets to receive and
process the infrared data. Both HEO payloads are on-orbit and performance
meets or exceeds specifications.

Acoustic and pyroshock testing of the first GEO satellite began this
month where the integrated spacecraft is subjected to the maximum sound and
vibration levels expected during launch into orbit. Thermal vacuum testing
is on track for mid-2009. After the extensive environmental and final
integrated test phase, the spacecraft will be shipped to the Air Force in
preparation for launch in fiscal year 2010 from Cape Canaveral Air Force
Base, Fla.

Lockheed Martin Space Systems Company, Sunnyvale, Calif., and Northrop
Grumman Electronic Systems, Azusa, Calif., the payload integrator, are
developing SBIRS for the U.S. Air Force Space and Missile Systems Center.
Air Force Space Command operates the SBIRS system.

Headquartered in Bethesda, MD, Lockheed Martin is a global security
company that employs about 140,000 people worldwide and is principally
engaged in the research, design, development, manufacture, integration and
sustainment of advanced technology systems, products and services. The
corporation reported 2007 sales of $41.9 billion.

Raytheon Technology to Assist in Hunt for Ice on Moon

October 22, 2008

Raytheon technicians prepare the Forerunner miniaturized radio frequency antenna for thermal vacuum testing, which mimics the extreme conditions encountered in space, at the company’s Space Manufacturing Center of Excellence in El Segundo, Calif. The mini-RF system was integrated onto the India’s Chandrayaan-1 spacecraft and launched into orbit Oct. 22. (PRNewsFoto/Raytheon Company)

EL SEGUNDO, CA UNITED STATES

EL SEGUNDO, Calif., Oct. 22, 2008 /PRNewswire/ — Sensing technology
developed by Raytheon Company (NYSE: RTN) will help to determine whether
the polar regions of the moon contain ice.

The Forerunner miniaturized-radio frequency system was delivered by
Johns Hopkins University Applied Physics Laboratory to the Indian Space
Research Organization in March 2008, integrated onto the nation’s
Chandrayaan-1 spacecraft, and launched into orbit Oct. 22 from the Satish
Dhawan Space Center in Sriharikota, India.

Under contract to the U.S. Navy, Raytheon provided the antenna,
transmitter, analog receiver and software for the Forerunner mini-RF
system. The company also supplied system engineering and integration and
test support.

Raytheon provided similar modules and support under the same contract
for NASA’s Lunar Reconnaissance Orbiter program. The LRO spacecraft is
currently undergoing environmental testing and is scheduled for launch in
March 2009.

Raytheon’s work on the Forerunner program takes advantage of the
company’s experience in support of the Department of Defense’s
operationally responsive space initiative, which calls for smaller, less
expensive satellites that can provide scientific or tactical information on
an as-needed basis. Because of its low development cost and
miniaturization, the mini-RF technology provides a wealth of sensing
capabilities in a relatively inexpensive and easily adapted platform.

“The responsive space concept holds great promise for many kinds of
future missions, and Raytheon is proud to extend its leading role in that
future with the mini-RF payloads,” said Brian Arnold, vice president for
Space Systems. “We’re excited to be applying the lessons from our
experience in operationally responsive space to these important lunar
exploration projects.”

Raytheon Company, with 2007 sales of $21.3 billion, is a technology
leader specializing in defense, homeland security and other government
markets throughout the world. With a history of innovation spanning 86
years, Raytheon provides state-of-the-art electronics, mission systems
integration and other capabilities in the areas of sensing; effects; and
command, control, communications and intelligence systems, as well as a
broad range of mission support services. With headquarters in Waltham,
Mass., Raytheon employs 72,000 people worldwide.

Finmeccanica Completes Acquisition of DRS Technologies for 5.2 billion U.S. dollars

October 22, 2008

ROME and PARSIPPANY, N.J., Oct. 22 /PRNewswire/ — Finmeccanica, S.p.A.
(Milan: FNC) (“Finmeccanica”), a world leader in the aerospace, defense and
security industry, announced today to have successfully completed its
acquisition of DRS Technologies, Inc. (“DRS”), a leading supplier of
integrated defense electronics products, services and support. The
acquisition received all the required regulatory approvals as well as the
approval of DRS shareholders.

Finmeccanica purchased all outstanding shares of DRS for 81 U.S.
dollars per share in cash. The enterprise value of the transaction is 5.2
billion U.S. dollars, including the assumption of approximately 1.6 billion
U.S. dollars in outstanding indebtness (including the convertible notes).
DRS will be known as DRS Technologies, a Finmeccanica Company.

“Today begins a new era for Finmeccanica,” said Pier Francesco
Guarguaglini, Chairman and Chief Executive Officer of Finmeccanica. “The
acquisition of DRS further solidifies our position as a top-tier
international competitor and reinforces our commitment to the U.S. market,
industrial base and, most importantly, the American armed forces,
establishing a strong transatlantic Defense Electronics capability.”

“Finmeccanica’s investment in DRS will allow the company to increase
new business opportunities globally, accelerate growth while strengthening
our presence in the United States,” said Mark S. Newman, Chairman of the
Board and Chief Executive Officer of DRS. “With an increased emphasis on
research and development, DRS will continue to create new and innovative
products that provide the American armed forces superior technology and
value.”

DRS will operate as a U.S. subsidiary of Finmeccanica under agreements
with the U.S. Department of Defense, including a plan to mitigate foreign
ownership control and influence (FOCI).

About Finmeccanica

Headquartered in Italy, Finmeccanica is a leading global high-tech
company with core competencies in the design and manufacture of
helicopters, civil and military aircraft, aero structures, satellites,
space infrastructure, missiles and defense electronics and security. The
company employs more than 60,000 people worldwide, including 2,100
employees at 32 sites in North America — not including DRS. For more
information about Finmeccanica, please visit the company’s website at
http://www.finmeccanica.com.

About DRS Technologies

DRS Technologies, headquartered in Parsippany, New Jersey-USA, is a
leading supplier of integrated products, services and support to military
forces, government agencies and prime contractors worldwide. The company
employs approximately 10,500 people. For more information about DRS, please
visit the company’s website at http://www.drs.com.

‘Countdown to History’ — USIBC Celebrates India’s Maiden Mission to the Moon

October 22, 2008

WASHINGTON, Oct. 21 /PRNewswire-USNewswire/ — With the lights turned
low at the prestigious U.S. Chamber of Commerce, with juice and snacks
amply distributed among more than a hundred U.S. industry representatives,
joined by government leaders from both the United States and India, all
eyes looked to the heavens and to the “live video feed” from Sriharikota on
the coast of Andhra Pradesh as Chandrayaan I readied for the countdown to
begin that would launch India on its first mission to the moon, making
history.

The U.S.-India Business Council (USIBC) for more than a year has been
looking forward to celebrating this momentous occasion, as India — host to
the fifth most advanced space program in the world — sought to achieve
this historic milestone.

India’s Deputy Chief of Mission Ambassador Arun Kumar Singh
congratulated India’s scientific community, and commented on the benefits
of technology collaboration between all free democracies to pursue
discovery in the frontier of space, and how such partnership will
facilitate access to technology across all sectors, benefitting all
mankind.

Referring to an earlier time, when President John F. Kennedy inspired
an entire generation in the 1960s, Ron Somers, President of the U.S.-India
Business Council, recalled President Kennedy’s words about the important of
space exploration: President Kennedy said ‘It is one of the great
adventures of all time…and no Nation which expects to be the leader of
other nations can expect to stay behind in the race to space.’

Chandrayaan I — as the Indian lunar mission is called — will carry a
scientific payload to the moon furnished by NASA and powered by India’s
massive Polar Satellite Launch Vehicle. A collaboration joining Indian and
American scientists, the Chandrayaan I Lunar Mission will enable experts
from both countries to answer questions about the moon’s origin and

geological development — as well locate resources, including water.

“This unique technology partnership in civil space exploration, which
taps India’s highly skilled scientific expertise with American
instrumentation furnished by Raytheon, beckons what we hope will be a long
and mutually beneficial relationship promoting the opening of the frontier
of outer space,” Ron Somers said.

The U.S.-India Business Council, formed in 1975 at the request of the
Government of India and the U.S. Government to deepen two-way trade and
promote U.S.-India commercial ties, is the premier business advocacy
organization representing 280 of the largest U.S. companies investing in
India, joined by two dozen of India’s largest global companies. USIBC is
hosted under the aegis of the U.S. Chamber of Commerce — the world’s
largest business federation representing more than 3 million businesses and
organizations of every size, sector and region.

Elbit Systems to Supply $100 Million of Military Communications Systems to Customers in Europe, South America and Asia

October 22, 2008

 

HAIFA, Israel, October 22 /PRNewswire-FirstCall/ — Elbit Systems Ltd.
(NASDAQ:ESLT) announced that it has recently been awarded contracts valued
in a total amount of approximately $100 million, to supply its military
communications systems to three armies.

The communications systems to be delivered under the contracts are
Tadiran CNR 9000, Tadiran HF 6000 and the PRC 710 radio systems. These
tactical radio systems offer voice and high data rate transfer and are
considered as industry’s leading technology.

All products will be delivered through the end of 2009.

Under the above-mentioned separate contracts, Elbit Systems will supply
systems valued at approximately $50 million, $38 million and $10 million to
a South American, Asian and European country, respectively.

Bezhalel (Butzi) Machlis, Executive VP of Elbit Systems and the General
Manager of Elbit Systems Land and C4I – Tadiran, commented: “The fact that
the contracts have been awarded by armies in three different continents
attests to the company’s extensive geographic presence and the
technological leadership of our products. Machlis further noted: “The
follow-on orders reflect our customers’ satisfaction with both the
operational aspects and technical performance of our products. We hope
these customers, as many others, will view Elbit Systems as their main
tactical communications and C4I supplier, and I believe these contracts
will be followed by additional orders, both by these armies as well as
other customers in the above-mentioned continents.”

About Elbit Systems

Elbit Systems Ltd. is an international defense electronics company
engaged in a wide range of defense-related programs throughout the world.
The Company, which includes Elbit Systems and its subsidiaries, operates in
the areas of aerospace, land and naval systems, command, control,
communications, computers, intelligence surveillance and reconnaissance
(“C4ISR”), unmanned air vehicle (UAV) systems, advanced electro-optics,
electro-optic space systems, EW suites, airborne warning systems, ELINT
systems, data links and military communications systems and radios. The
Company also focuses on the upgrading of existing military platforms and
developing new technologies for defense, homeland security and commercial
aviation applications.

Hamilton Sundstrand Appoints StandardAero as APS 2300 APU Repair Facility

October 22, 2008

WINDSOR LOCKS, Conn., Oct. 22 /PRNewswire/ — Hamilton Sundstrand Power
Systems (HSPS), a Hamilton Sundstrand business, and StandardAero, a
division of Dubai Aerospace Enterprises, agreed to appoint StandardAero’s
Maryville, Tenn., facility an authorized repair facility for the APS 2300
Auxiliary Power Unit (APU). Hamilton Sundstrand is a subsidiary of United
Technologies Corp. (NYSE: UTX).

As an authorized repair facility, StandardAero will offer APS 2300 APU
operators another APU maintenance source. Under the agreement, HSPS will
provide StandardAero technical support, training at HSPS’ technical
training center in San Diego, Calif., engine manuals, and APS 2300-related
maintenance data. The agreement also provides StandardAero access to HSPS
spare parts, and component and line replaceable unit repairs to ensure
quality standards and technology for StandardAero’s APU repair process.
This will enable StandardAero to perform HSPS warranty repairs for the APS
2300 APU.

Currently, APS 2300 APUs are installed on Embraer’s E-Jet family. With
the growing fleet of operating EMB 170 family aircraft and the resulting
demand for alternative repair sources, HSPS selected StandardAero as an
independent service provider with a proven track record of customer
satisfaction and quality work.

“This agreement provides the APS 2300 customer base additional service
flexibility and will enhance this APU’s marketability,” said Marty Kessell,
HSPS Customer Support general manager.

“This is a great addition to our existing regional airline market
services portfolio,” said Tim Fischer, vice president and general manager
of StandardAero’s Maryville facility. “Our long-standing experience in
aero-engine maintenance and our innovative repair technology concepts are
some of the benefits StandardAero will provide customers. We have a strong
presence in the regional airline market, and the addition of the APS 2300
APU enhances our one-stop-shop capabilities for our customers.”

Auxiliary Power Units provide power to aircraft while they are on the
ground and back-up power while in flight.

With 2007 revenues of $5.6 billion, Hamilton Sundstrand employs
approximately 18,600 people worldwide and is headquartered in Windsor
Locks, Conn. Among the world’s largest suppliers of technologically
advanced aerospace and industrial products, the company designs,
manufactures and services aerospace systems and provides integrated system
solutions for commercial, regional, corporate and military aircraft. It
also is a major supplier for international space programs.

United Technologies Corp., based in Hartford, Conn., is a diversified
company providing high technology products and services to the global
aerospace and building industries.

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