Tuesday, August 25, 2009

Raytheon Delivers 1000th Evolved SeaSparrow Missile

EAST CAMDEN, Ark., Aug. 25, 2009 /PRNewswire/ -- Raytheon Company (NYSE: RTN - News) delivered the 1000th Evolved SeaSparrow Missile to a multinational consortium during a ceremony at the Raytheon Missile Systems Weapon Integration Center - Camden. Deployed by the U.S. Navy and nine international fleets, ESSM defends the battlespace by delivering ship self-defense firepower against high-G maneuvering anti-ship cruise missiles as well as surface and low-velocity air threats.
"ESSM's increased speed coupled with its improved guidance system allows for engagements at extended ranges," said Capt. Mike Anderson, the U.S. Navy's ESSM project manager. "The hallmarks of the missile are its international design, combat system flexibility and performance edge."
As a tail-controlled missile, ESSM utilizes recent enhancements to its guidance system to take advantage of improved seeker sensitivity, increased propulsion and greater weapon accuracy. Combined, these features result in ESSM arriving at the intercept point with more endgame speed and agility to counter the threat.
"Raytheon leads an international team of 18 world-class companies in developing and producing ESSM," said Ed Roesly, Raytheon's ESSM program director. "Our team develops the industrial bases of all participating countries, uses the expertise and technological skills of each participant and provides every country with a return on investment."
Raytheon Company, with 2008 sales of $23.2 billion, is a technology and innovation leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 87 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 73,000 people worldwide.
John Eagles
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U.S. Navy Contractor Cuts Costs and Improves Collaboration With Serena Software's Lean BPM Solution

Advanced Acoustic Concepts Uses Serena Business Mashups to Speed Time to Market by 80 Percent and Run Compliance Reports with Just One Keystroke
REDWOOD CITY, Calif., Aug. 25 /PRNewswire/ -- The business of submarine technology is constantly evolving and Advanced Acoustic Concepts (AAC) must stay steps ahead in its role as a lead contractor for the U.S. Navy Surface Ship Torpedo Defense program. With its workforce spread across the country, AAC needed to consolidate multiple departmental tools into a single application while improving collaboration and minimizing miscommunication.
Serena's Lean Business Process Management (BPM) solution allowed AAC to control the cost and efficiency of its software development resources and ease the burden of frequent ISO and CMMI recertification. Serena helps AAC better manage software development, hardware operations, contract management, program management and purchasing.
AAC has been able to:
Bring new software applications to market 80 percent faster.
Boost efficiency 50 percent through better collaboration from beginning to end.
Set auto-alerts to notify the right people of calibration deadlines.
Ensure compliance through automatic tracking of contracts and proposals.
See what's really going on across the infrastructure, on the micro and macro levels.
For more information on how Advanced Acoustic Concepts has realigned its IT and business processes for innovative collaboration and development, read the case study here.
About Serena Software, Inc.
Serena is a privately owned company, headquartered in Redwood City, California, with 29 offices in 14 countries and more than 800 employees. Serena provides software on premise and on demand to over 15,000 customers including 96 of the Fortune 100. Serena enables teams of programmers to become more efficient by standardizing and automating development processes across both mainframe and distributed environments. Serena enables IT business analysts and power users to improve productivity with a new generation of Web 2.0 tools to build Business Mashups. Serena Business Mashups can be used to automate common, everyday processes; they are visual and do not require coding. Serena also enables IT executives to gain visibility into their projects, resources and costs - CIOs should have access to the same quality of information about IT as the CFO has about Finance. For more information on Serena, visit http://www.serena.com.
Serena is a registered trademark of Serena Software, Inc. All other product or company names may be trademarks of their respective owners, and their use is intended for identification purposes only and not in association with or as sponsorship or endorsement by such owners. Copyright © 2009 Serena Software, Inc. All Rights Reserved.

MicroWave Technology Inc. Wins Major Contract From BAE Systems

FREMONT, Calif.--On Tuesday August 25, 2009, 8:30 am EDT (BUSINESS WIRE)--MicroWave Technology Inc. (MwT), a wholly owned subsidiary of IXYS Corporation (NASDAQ:IXYS - News), announced that it has been awarded a contract from BAE Systems with a total amount of over $2.5 million. The contract consists of supplying a large volume of custom connected microwave amplifiers with military electrical specifications and high reliability requirements.
“We are pleased to be selected as a key supplier for a major military program by a first tier defense system company like BAE Systems,” commented Dr. Greg Zhou, General Manager of MwT. “This contract award demonstrates the recognition of our outstanding technical and manufacturing capabilities, quality system and cost competitiveness in our business sectors.”
MwT has been a supplier to the military and defense industry for the past 25 years. MwT manufactures high performance and high quality microwave semiconductor devices, MMIC products, modules, and subsystems for wireless communication infrastructure, defense, industrial and medical equipment applications. Please visit MwT website www.mwtinc.com or call Don Apte, Director of Sales and Marketing at 510-651-6700 for detailed information on MwT products.
About IXYS Corporation
Since its inception in 1983, IXYS Corporation has been developing technology-driven products to improve power conversion efficiency, generate solar and wind power and provide efficient motor control for industrial applications. IXYS and its subsidiary companies offer a diversified product base that addresses worldwide needs for power control, electrical efficiencies, renewable energy, telecommunications, medical devices, flexible displays and RF power.
Safe Harbor Statement
Any statements contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements. There are a number of important factors that could cause the results of IXYS to differ materially from those indicated by these forward-looking statements, including, among others, risks detailed from time to time in the Company's SEC reports, including its Form 10-Q for the fiscal quarter ended June 30, 2009. The Company undertakes no obligation to publicly release the results of any revisions to these forward-looking statements.

SAIC to Support U.S. Military Training Mission to Saudi Arabia

SAN DIEGO and MCLEAN, Va., Aug. 25 /PRNewswire-FirstCall/ -- Science Applications International Corporation (NYSE: SAI - News) today announced it has been awarded a prime contract by the U.S. Military Training Mission (USMTM) to support the Saudi Arabian Armed Forces (SAAF) by establishing a Saudi War College (SWC) that meets educational and administrative standards of US War Colleges. The contract has a one year base period of performance, three one-year options and a contract value of more than $11 million if all options are exercised. Work will be performed primarily in Riyadh, Saudi Arabia.
The USMTM to Saudi Arabia is a joint training mission and functional component command under the military command of the U.S. Central Command. The USMTM advises and assists the SAAF through security assistance efforts by developing, training and sustaining capable deterrent and self-defense forces for the Kingdom of Saudi Arabia in order to facilitate regional security. Under the contract, SAIC will help establish an SWC to assist in preparing and educating Saudi leaders to face domestic and global challenges. SAIC will help establish a state-of-the-art educational institution, and develop and implement a flexible curriculum that will enable the SWC to adapt to future Saudi mission requirements. SAIC will also recruit, hire, and retain fully qualified Saudi instructors, develop and implement a quality assurance plan, and establish a career and mentoring program for SWC instructors.
"SAIC is honored to support the SAAF by helping establish a world-class SWC. We believe that SAAF, teamed with SAIC, has the prerequisites for creating a prestigious military institution for the education of strategic leaders," said Charles Zang, SAIC senior vice president and business unit general manager.
About SAIC
SAIC is a FORTUNE 500(® )scientific, engineering, and technology applications company that uses its deep domain knowledge to solve problems of vital importance to the nation and the world, in national security, energy and the environment, critical infrastructure, and health. The company's approximately 45,000 employees serve customers in the U.S. Department of Defense, the intelligence community, the U.S. Department of Homeland Security, other U.S. Government civil agencies and selected commercial markets. SAIC had annual revenues of $10.1 billion for its fiscal year ended January 31, 2009. For more information, visit www.saic.com.
SAIC: From Science to Solutions(®)
Statements in this announcement, other than historical data and information, constitute forward-looking statements that involve risks and uncertainties. A number of factors could cause our actual results, performance, achievements, or industry results to be very different from the results, performance, or achievements expressed or implied by such forward-looking statements. Some of these factors include, but are not limited to, the risk factors set forth in SAIC's Annual Report on Form 10-K for the period ended January 31, 2009, and other such filings that SAIC makes with the SEC from time to time. Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof.