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LOCKHEED MARTIN CORP NYSE
Malaysia Measat To Pay $48.7M For 2005 Satellite Launch
KUALA LUMPUR (Dow Jones)--Malaysian investment-holding company Measat Global Bhd. (D.MSG) said Friday it will pay $48.7 million for the launch of its Meast-3 satellite in 2005.
Two subsidiaries of Lockheed Martin Corp.(NYSE:LMT) (LMT) of the U.S. - Lockheed- Khrunichev-Energia International Inc. and Lockheed Martin Commercial Launch Services Inc. - will provide launch services for the Measat satellite.
The satellite launch will occur between May 2005 and November 2005 from a site in Kazakhstan, Measat said in an exchange filing.
After its launch, Measat-3 will serve Asia, the Middle East, Eastern Europe, Africa and Australia, Measat added.
Dow Jones Newswires
09-05-030013ET
Copyright (C) 2003 Dow Jones & Company, Inc. All Rights Reserved.
GENERAL DYNAMICS CORP NYSE
I.D. Systems Gets Navy Contract
HACKENSACK, N.J. (Dow Jones)--I.D. Systems Inc. (IDSY) received a contract to develop its wireless equipment monitoring and control project for the Navy.
In a press release Friday, the wireless technologies company said it will hammer out details of the research and development pact in the next 45 days.
The project will use a baseline wireless system that I.D. Systems already installed at Portsmouth Naval Shipyard to further research and develop a system for monitoring, control, and analysis of shipyard material handling equipment.
The company will design a system to track equipment location, electronically restrict access, analyze equipment use, enable wireless transmission of work orders, and monitor vital equipment functions.
I.D. Systems expects the system will reduce fleet maintenance costs, improve reliability and availability of equipment, improve equipment safety and security, and provide remote diagnostics of machinery health functions.
Partners on the project include Northrop Grumman Corp.'s (NOC) Ship Systems sector, National Steel and Shipbuilding Co., a unit of General Dynamics Corp.(NYSE:GD) ( GD), the U.S. Navy's Portsmouth Naval Shipyard, RLW Inc., and the Applied Research Laboratory at Pennsylvania State University.
Company Web site: http://www.id-systems.com
-Jacquie Jordan; Dow Jones Newswires; 201-938-5400
Dow Jones Newswires
09-05-030950ET
Copyright (C) 2003 Dow Jones & Company, Inc. All Rights Reserved.
EDO CORP NYSE
EDO to Develop Interactive Training Courseware for Comanche Helicopter
NEW YORK, Sep 4, 2003 (BUSINESS WIRE) -- EDO Corporation (NYSE: EDO) has been awarded a general purchase agreement from Sikorsky Aircraft Corporation for continued development of interactive multimedia training courseware for the Comanche RAH 66 helicopter. The purchase agreement has an initial ceiling of $7 million and extends through December 2011.
This is the latest in a range of contracts related to the Comanche platform. For example, EDO has won contracts for design and fabrication of complex composite structures and components on the Comanche. These structures have strength and lightweight specifications that cannot be achieved with metal alloys. EDO's proposals typically include complex curving geometry and other unique design solutions.
"The Comanche development program is an excellent example of our ability to assist prime defense contractors in addressing a combination of technical challenges," said James M. Smith, EDO's chief executive officer. "In addition to the full suite of Comanche operating and maintenance courseware, we are providing high-performance composite materials, as well as advanced antennas and weapons-carriage technology. This sophisticated aircraft gives EDO an ideal opportunity to demonstrate our diverse range of capabilities."
The former Advanced Engineering and Research Associates, which was acquired in February and has been consolidated into EDO's Professional Services Division, has been providing interactive training and related services for the Comanche program since July 2001. Under previous contracts, the company developed a secure Internet portal for the exchange of programmatic and training data, and a content management system for interactive multimedia instruction. It enables rapid courseware updates as engineering changes occur. The systems utilize commercial off-the-shelf software tools, and are compliant with Shareable Content Object Reference Model (SCORM) standards.
EDO Fiber Science, which designs and manufactures lightweight advanced fiber-reinforced composite products, has contracts with Sikorsky for more than 140 carbon-fiber structures, and is working on designs for additional components that would benefit from the high-performance characteristics of advanced composite materials. EDO's Marine and Aircraft Systems and Antenna Products and Technologies business units are also participating on the Comanche platform.
EDO Antenna Products and Technologies, in partnership with Raytheon Systems Limited, is providing anti-jam global positioning satellite antennas for the Comanche platform. These antennas meet the stringent environmental and low-observability requirements of the platform while providing the inertial navigation system with highly-accurate GPS guidance.
EDO Corporation provides military products and professional services to the United States and allied governments, and their prime defense contractors. EDO focuses on systems and subsystems that are integral to the success of long-term military platforms, such as the B-1B bomber, the F/A-22, the Joint Strike Fighter, and the Comanche helicopter. Examples of the company's highly engineered products include aircraft weapon-release systems, ship and aircraft self-protect systems, and high-performance composite structures. The company also has a number of commercial product lines. A disciplined acquisition program is diversifying the base of major platforms and customers. EDO is at the core of the transformation to a lighter, faster, and smarter national defense capability.
EDO (www.edocorp.com) was founded in 1925, and is headquartered in New York City. The company expects 2003 revenues to exceed $460 million, and employs 2,800 people.
Forward-Looking Statements
Certain statements made in this release, including statements about future sales, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, estimates and projections about the company's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including those described above and the following: changes in demand for the company's products and services, product mix, the timing of customer orders and deliveries, the impact of competitive products and services and pricing, and other risks discussed from time to time in the company's Securities and Exchange Commission filings and reports. In addition, such statements could be affected by general industry and market conditions and growth rates, and general domestic and international economic conditions. Such forward-looking statements speak only as of the date on which they are made, and the company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release.
SOURCE: EDO Corporation
EDO Corporation
William A. Walkowiak, 212-716-2038
ir@edocorp.com
NOC
NORTHROP GRUMMAN CORP NYSE
Northrop Grumman to Host First Long Island Technology Leadership Summit
U.S. Sen. Hillary Rodham Clinton to Deliver Keynote Address
BETHPAGE, N.Y., Sep 5, 2003 /PRNewswire-FirstCall via COMTEX/ -- Northrop Grumman Corporation's (NYSE: NOC) Integrated Systems sector will host the Long Island Technology Day at its Airborne Early Warning and Electronic Warfare headquarters on Sept. 8. The company has invited key leaders of Long Island's technology community to attend the summit to discuss how best to exploit and leverage the area's immense technological skills and capabilities to benefit the nation.
Underscoring the importance of Technology Day 2003, New York's Sen. Hillary Rodham Clinton will deliver the event's keynote speech. The company has also invited other federal, state and local elected officials toparticipate in the event. Local leaders from uniformed civilian services, members of the armed services, and representatives from media organizations are also expected to attend.
"We are honored to have Sen. Hillary Rodham Clinton as our keynote speaker for Technology Day," said Philip A. Teel, Integrated Systems' sector vice president for Airborne Early Warning and Electronic Systems. "She has been very supportive of New York-based defense and homeland security initiatives in her role on the Senate Armed Services Committee."
Northrop Grumman developed Technology Day 2003 to promote communication among companies, universities and associations that define Long Island's extensive technology infrastructure, and the state and federal elected officials who represent them. This communication promises to foster strategic partnerships and shared initiatives that will allow local companies to compete for national business opportunities that, as individual organizations, they might not effectively pursue.
Technology Day will include discussions on aerospace and defense; information technology; emerging technologies; and homeland security, each led by panels comprising key leaders of Long Island's technology community. The event will also feature full-scale models of the U.S. Air Force's Global Hawk unmanned aerial reconnaissance system and Northrop Grumman's X-47A Pegasus experimental unmanned combat air vehicle; an operational Fire Scout vertical takeoff and landing unmanned air vehicle; an EA-18G simulator and Hawkeye demonstration van; a technology tent and several homeland security vehicles.
In recognition of this year's 100th anniversary of the first powered flight, Technology Day will also feature two full-scale replicas of the Wright Flyer, three Wright simulators, a display on the history of flight and videos on 100 years of aviation. There will also be tours of Northrop Grumman's new Cyber Warfare Integration Network laboratory, which is used to develop, simulate and demonstrate new, integrated warfighting concepts.
"We look forward to collaborative discussions on the future of technology on Long Island in support of national defense and homeland security," said Robert W. Klein, Airborne Early Warning and Electronic Warfare Systems' vice president, Engineering, Logistics and Technology.
Northrop Grumman Integrated Systems, headquartered in El Segundo, Calif., is a premier aerospace and defense systems integration enterprise. As one of Northrop Grumman Corporation's seven sectors, it designs, develops, produces and supports network-enabled integrated systems and subsystems for U.S. government, civil and international customers. Integrated Systems delivers best-value solutions, products and services that support military and homeland security missions in the areas of intelligence, surveillance and reconnaissance; battle management command and control; and integrated strike warfare.
SOURCE Northrop Grumman Integrated Systems
John A. Vosilla of Northrop Grumman Integrated Systems,
+1-516-575-5119
(NOC)
Copyright (C) 2003 PR Newswire. All rights reserved.

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