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Daily News

October 20, 2000

Oct. 20, 2000 -- United Technologies announced today it had terminated merger negotiations with Honeywell after Honeywell told UTC it was considering another offer.

Both companies announced yesterday they were in merger talks following press reports that revealed some details of the talks.

While Honeywell said in a statement that it "would not comment further at this time," United Technologies said in a statement of its own that Honeywell was "considering an alternative merger proposal received this morning."

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Oct. 20, 2000 -- Litton Industries announced today it is exploring the sale of its advanced electronics group, which generated $1.6 billion in revenues in fiscal year 2000 and has about 9,500 employees.

The company said its board of directors has given management approval to begin exploring the division's sale. "The businesses under consideration for divestiture enjoy technology and market leadership positions in airborne avionics systems, inertial navigation, electronic warfare, night vision equipment and laser systems," according to the company's statement.

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October 19, 2000

Oct. 19, 2000 -- The Pentagon's top tester said today that the recent attack on the Aegis destroyer Cole, although tragic, demonstrates that the design specifications of the ship as well as the crew's procedures for dealing with such an emergency appear sound.

Philip Coyle, director of the Pentagon's operational test and evaluation shop, said the analysis of the ship's damage as well as the manner in which the crew kept the ship afloat despite a gaping hole in its side bode well for the survivability of this class of fighting ship.

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Oct. 19, 2000 -- The Army has awarded a Lockheed Martin-McDonnell Douglas team a $78.5 million contract for new target acquisition and night vision equipment, setting the companies up for lucrative production work on the service's fleet of Apache helicopters.

The contractors will perform research and development for the Modernized-Target Acquisition Designation Sight and Pilot Night Vision Sensor (M-TADS/PNVS) program.

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Oct. 19, 2000 -- Retired Marine Corps Gen. Anthony Zinni, the former commander of the U.S Central Command, told the Senate Armed Services Committee today the Yemeni port of Aden was chosen for Navy ship refuelings because it was considered one of the safest ports in the CENTCOM.

Committee Chairman Sen. John Warner (R-VA) asked Zinni to explain why Yemen, which he called a well known "safe-haven" for terrorist groups, was used for refueling, port visits and exercises by the U.S. military, a decision that was made during Zinni's three-year term as CINC.

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Oct. 19, 2000 -- Lockheed Martin announced after trading hours yesterday that Louis Hughes, the company's president and chief operating officer, will leave the corporation effective Oct. 31 after only six months on the job. Robert Stevens, the company's executive vice president and chief financial officer, has been named to succeed Hughes.

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Oct. 19, 2000 -- The General Accounting Office yesterday told House lawmakers it uncovered no legal problems with the Defense Department's display of military equipment at last July's Republican National Convention in Philadelphia.

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October 18, 2000

Oct 18, 2000 -- The director of a key Quadrennial Defense Review working group this week unveiled six alternative defense strategies designed to "jump-start" the QDR before its official start in January.

Michele Flournoy, director of the QDR project at the National Defense University's Institute for National Strategic Studies, told a group of Army officers and industry officials yesterday that the QDR cannot be conducted in isolation and must be a fundamental review through which the Pentagon confronts the most vexing issues surrounding the military.

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Oct. 18, 2000 -- Congress yesterday granted the Army permission to pursue a distinct forward-looking infrared system for the Apache Longbow helicopter, enabling the service to contract for development of the Second Generation FLIR with Lockheed Martin, industry and Army sources said.

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Oct. 18, 2000 -- DontBlowIt.org, a group of nonprofit arms control organizations around the country, has set up a web-based advertising campaign created to increase citizen involvement and public debate over nuclear weapons.

"We are at a nuclear crossroads," said Laura Kriv, campaign manager for DontBlowIt.org, in a statement issued today. "This is a very important issue getting virtually little attention. The public wants to know how the presidential candidates are going to create a safer future for our children."

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October 17, 2000

Oct. 17, 2000 -- To avoid putting any Navy ships, sailors or members of a government investigation team examining the causes of last week's bombing of the Aegis destroyer Cole "at any more risk," the U.S. Central Command has made adjustments to security procedures affecting Navy ships in the Persian Gulf, Pentagon spokesman Rear Adm. Craig Quigley told reporters today. "We have taken a very hard look -- that is State Department, FBI, Navy, and U.S.

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Oct. 17, 2000 -- To avoid putting any Navy ships, sailors or members of a government investigation team examining the causes of last week's bombing of the Aegis destroyer Cole "at any more risk," the U.S. Central Command has made adjustments to security procedures affecting Navy ships in the Persian Gulf, Pentagon spokesman Rear Adm. Craig Quigley told reporters today. "We have taken a very hard look -- that is State Department, FBI, Navy, and U.S.

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Oct. 17, 2000 -- To avoid putting any Navy ships, sailors or members of a government investigation team examining the causes of last week's bombing of the Aegis destroyer Cole "at any more risk," the U.S. Central Command has made adjustments to security procedures affecting Navy ships in the Persian Gulf, Pentagon spokesman Rear Adm. Craig Quigley told reporters today. "We have taken a very hard look -- that is State Department, FBI, Navy, and U.S.

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Oct. 17, 2000 -- Despite U.S. efforts to stem the drug trade in Colombia, including a record appropriation of assistance in fiscal years 2000 and 2001, the problem continues to grow and "become more complex," the General Accounting Office states in a new report.

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Oct. 17, 2000 -- Chief of Staff Gen. Eric Shinseki has commissioned the creation of a special task force to shepherd development of the Future Combat System along an accelerated time line, Inside the Army has learned.

The FCS program will undergo other changes as well, including an extended competition that will pit two contractors against each other through the first round of production.

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Oct. 17, 2000 -- The Army last week awarded Raytheon a $100 million contract modification for continued development of the Excalibur precision-guided artillery projectile.

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Oct. 17, 2000 -- Marine Corps information officials will soon be hitting the road to educate base commanders on the power of the Navy-Marine Corps Intranet, a multibillion-dollar information technology project. On Oct. 6, the Navy awarded a $7 billion contract to an EDS-led team to begin work on wiring Navy and Marine Corps installations for intranet services.

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Oct. 17, 2000 -- To avoid putting any Navy ships, sailors or members of a government investigation team examining the causes of last week's bombing of the Aegis destroyer Cole "at any more risk," the U.S. Central Command has made adjustments to security procedures affecting Navy ships in the Persian Gulf, Pentagon spokesman Rear Adm. Craig Quigley told reporters today.

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Oct. 17, 2000 -- To avoid putting any Navy ships, sailors or members of a government investigation team examining the causes of last week's bombing of the Aegis destroyer Cole "at any more risk," the U.S. Central Command has made adjustments to security procedures affecting Navy ships in the Persian Gulf, Pentagon spokesman Rear Adm. Craig Quigley told reporters today.

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Oct. 17, 2000 -- To avoid putting any Navy ships, sailors or members of a government investigation team examining the causes of last week's bombing of the Aegis destroyer Cole "at any more risk," the U.S. Central Command has made adjustments to security procedures affecting Navy ships in the Persian Gulf, Pentagon spokesman Rear Adm. Craig Quigley told reporters today. "We have taken a very hard look -- that is State Department, FBI, Navy, and U.S.

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