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Daily News

April 09, 2001

April 9, 2001 -- Lockheed Martin today defended its valuation of real estate property in California that it intends to sell, a sale a senior lawmaker has characterized as a "giant rip-off" of U.S. taxpayers.

"We strongly disagree with (Sen. Tom Harkin's) characterization of our difference of opinion with government auditors over land sale valuations in Sunnyvale, California," company spokesman James Fetig told InsideDefense.com today. "The actual value of the buildings is the only matter at issue."

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April 9, 2001 -- The Air Force has approved the system design for the low-earth orbit component of the Space-Based Infrared System developed by an industry team led by TRW and Raytheon, the two companies announced today. SDR is the second of three program definition and risk reduction milestones required by the Air Force before a system can begin engineering and manufacturing development.

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April 06, 2001

April 6, 2001 -- The Air Force awarded the General Electric Company a $601 million contract today for engine modification and ejector nozzle kits, part of the T-38C Talon Propulsion Modernization Program.

The T-38C PMP contract will provide a total of 1,711 commercial hardware kits to upgrade Talon J85-5 engines, according to a Defense Department statement.

The aircraft's design as a twin-engine, high-altitude, supersonic jet trainer allows for its use in a variety of roles, including pilot training.

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April 6, 2001 -- Senate Armed Services Committee Chairman John Warner (R-VA) said today that arms sales to Taiwan should not be linked to the outcome of talks aimed at freeing the crew of a Navy EP-3 surveillance aircraft that collided with a Chinese fighter last weekend. The Chinese aircraft plunged into the sea, while the Navy plane was forced to make an emergency landing on the southern Chinese island of Hainan.

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April 6, 2001 -- Raytheon has agreed to sell a majority stake in its aviation support business unit to the Veritas Capital Fund for approximately $270 million in cash, equity and receivables, the two companies announced today.

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April 6, 2001 -- President Bush will nominate an ardent foe of the 1972 Anti-Ballistic Missile Treaty to the top Pentagon policy position, the White House announced today.

Douglas Feith, a former Reagan administration official and partner in the Washington, DC law firm Feith and Zell, has in recent years advanced the argument that the ABM Treaty is no longer legally binding because the Soviet Union, one of its signatories, has ceased to exist.

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April 6, 2001 -- The Navy plans to award two contracts this October worth up to $20 million each for work on defining its next-generation narrowband satellite communications architecture, a senior service official told InsideDefense.com yesterday.

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April 05, 2001

April 5, 2001 -- The Navy has awarded Boeing subsidiary McDonnell Douglas a five-year, $381 million contract to supply parts for the F/A-18 and AV-8 aircraft, the Pentagon announced today.

The company will supply 22 items for the F/A-18 and four items for the AV-8, including horizontal stabilizers, ailerons, flaps, hook subassemblies, pylons, strakes, canopies and windshields, the Defense Department said in a statement.

Work will be performed in St. Louis, MO, and is expected to be completed by December 2007.

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April 5, 2001 -- Alliant Techsystems yesterday announced it is in the home stretch of its pending $685 million purchase of Alcoa's Thiokol Propulsion business unit.

ATK said in an April 4 statement that "the Hart-Scott-Rudino Act waiting period for its proposed acquisition of Thiokol Propulsion from Alcoa, Inc. expired April 2, clearing the way for the transaction to close later this month."

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April 5, 2001 -- The Senate last night rejected an amendment to the fiscal year 2002 budget resolution that would have increased the defense budget by $100 billion over the next decade.

Lawmakers voted 52-47 against an amendment introduced by Sens. Mary Landrieu (D-LA) and Jean Carnahan (D-MO) on April 3 that would have increased defense spending in 2002 by $8.5 billion and gradually ramped up to $12 billion in 2011.

The Senate did, however, approve by an 84-16 vote a Warner amendment that would allocate $8.5 billion in defense spending for fiscal year 2002.

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April 04, 2001

April 4, 2001 -- Lockheed Martin has won a $180 million follow-on subcontract to build components for nine additional Japanese F-2 fighter aircraft, the company announced yesterday.

Lockheed is already producing components for the first 36 aircraft under four previous subcontracts from Mitsubishi Heavy Industries, according to the April 3 statement. This fifth subcontract, which began April 1 and is valued at over $180 million, brings the total to 45 aircraft.

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April 4, 2001 -- "The public, through our negligence, is totally uninformed" on the issue of National Missile Defense, Sen. Joseph Biden (D-DE) said at a press briefing today. "We're just beginning to discuss this here in Washington (DC), and the way we discuss it in Washington, we act as if the American public has any idea . . . of what we're talking about."

Biden spoke at a briefing on the political and technical challenges facing National Missile Defense called by the Coalition to Reduce Nuclear Dangers and the Center for Defense Information in Washington, DC.

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April 4, 2001 -- Boeing announced yesterday that it delivered 17 military aircraft in the first quarter of 2001, down from 24 in the same quarter of last year.

The company delivered two C-17 Globemaster cargo airplanes; seven F/A-18E/F Super Hornet fighter-bombers; two AH-64D Apache helicopters, two CH-47 Chinook helicopters; and four T-45TS trainer airplanes, according to a Boeing statement.

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April 4, 2001 -- The Energy Department should develop better procedures for erasing sensitive data from computers before they are disposed of, the General Accounting Office contends in a report released today.

GAO determined that DOE "does not have standardized instructions, verification procedures, or training for agency and contract employees on how to properly clear excessed computers," according to the March 29 report. "DOE also does not ensure that procedures used to remove all software, information, and data from systems are effective."

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April 4, 2001 -- Since last October, a joint Defense Department task force has been painstakingly examining scores of military aircraft and weapons to see if certain aluminum parts are defective, according to sources and documents.

The parts may have been improperly heat-treated by a California company that supplied them to military contractors during the 1980s and 1990s, according to the Defense Department inspector general.

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April 03, 2001

April 3, 2001 -- Orbital Sciences Corp. today announced that it will delay the filing of its annual report until April 16, citing a need for more time to analyze the impact of NASA's recent decision to cancel an $85 million contract for the X-34 reusable launch vehicle.

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April 3, 2001 -- Defense contractors should not have to spend their own money when developing weapon systems for the Defense Department, a former Pentagon chief tester said today.

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April 3, 2001 -- The team of defense contractors developing the Air Force's Space-Based Laser Integrated Flight Experiment (SBL-IFX) has successfully completed a system requirements review, the joint venture announced today.

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April 3, 2001 -- Bail Aerospace and Technologies and General Dynamics Government Systems today won a $260 million contract from the Air Force to support the Measurement and Signature Intelligence exploitation program.

According to a Defense Department statement, the contract "involves highly specialized scientific and technical analysis of foreign systems investigation and method exploitation."

The contract funds will be doled out as individual delivery orders are issued, DOD said. Work on the contract will be completed about April 2005.

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