 Defense News ~ FORT WORTH, Texas--(BUSINESS WIRE)--Bell Helicopter, a Textron Inc. (NYSE: TXT - News) company, today announced the acquisition of Aviation Service, a world-class provider of modifications and upgrades, avionics and special mission packages, based in Prague, Czech Republic with annual revenues of about $14 million.
“Bell is committed to meeting the needs of our European customers; this acquisition allows us to more rapidly provide support and service to this important region,” said John L. Garrison, Bell president and CEO. “This facility provides us with the capabilities to meet the maintenance and modernization needs of Bell’s current European fleet of aircraft, while providing a foundation to accommodate future growth with local completion and customizing capability for new aircraft deliveries.” “This central European location will further enhance our industry-leading Customer Support and Service organization, bringing the complete suite of Bell’s support and service offerings closer to our European customers,” said Danny Maldonado, senior vice president of Customer Support and Services and Chief Service Officer. “Supporting the European fleet is a priority for Bell, acquiring Aviation Service is one of the first steps to increase Bell’s rising presence in Europe.” As part of the new acquisition Bell expects to be able to generate supplemental type certifications to meet customer requirements, building on Aviation Service’s EASA Part 21 Design Organization and 145 Repair Station certifications. Leading this new venture is Gordon Harveson, general manager Bell Europe and a long-time leader at Bell. Among his recent accomplishments, Harveson managed the Bell Customer Supply Center in Amsterdam, a facility he will once again have responsibility for. “Building on the existing experience of Aviation Service, the introduction of the 429 and the world class supply capabilities at our Amsterdam facility, this acquisition signals the commitment of Bell in the European market,” said Harveson. About Bell Helicopter Bell Helicopter, a wholly owned subsidiary of Textron Inc., is an industry-leading producer of commercial and military, manned and unmanned vertical lift aircraft and the pioneer of the revolutionary tiltrotor aircraft. Globally recognized for world-class customer service, innovation and superior quality, Bell’s global workforce serves customers flying Bell aircraft in more than 120 countries. About Textron Inc. Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Textron in known around the world for its powerful brands such as Bell Helicopter, Cessna Aircraft Company, Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee, and Textron Systems. More information is available at http://www.textron.com
Contact:
Investor Contact:
Textron Doug Wilburne, 401-457-2288 or Textron Bill Pitts, 401-457-2288 or Media Contact: Bell Helicopter Bridget Meyer, 817-280-7963 or TextronMichael Maynard, 401-457-2474
 Defense News ~ OSHKOSH, Wis.--(BUSINESS WIRE)--Oshkosh Defense, a division of Oshkosh Corporation (NYSE:OSK - News), received the 2009 Wisconsin Manufacturer of the Year (MOTY), winning the Grand Award in the “Mega” category for companies with more than 750 employees. Oshkosh was selected as the top company in this annual state-wide competition among Wisconsin-based manufacturers.
Oshkosh Defense was recognized for its operations and business excellence during the past year, and was judged on criteria, including financial growth, environmental solutions, technological advancement, operational excellence, commitment to employees and community support. “The award acknowledges the progress and growth at Oshkosh Defense, as well the hard work and experience of our employees,” said Andy Hove, Oshkosh Corporation executive vice president and president, Defense. “This award is a tribute to the dedication of our workforce in building the finest military tactical wheeled vehicles to help supply our Armed Forces and help protect the lives of someone’s son, daughter, mother or father.”
For Oshkosh Defense, 2009 was a remarkable year. The Defense division won two major contracts and hired hundreds of new employees. The division first received an award on June 30, 2009 for the MRAP All-Terrain Vehicle (M-ATV) program, resulting in a $4.74 billion contract for 8.079 vehicles to be used in Afghanistan’s harsh rugged terrain. The contract award brought an immediate ramp up in production for this brand-new vehicle. This was an “urgent” needs project for the U.S. Army, and Oshkosh and its employees were able to design, test, build and begin delivering these life-saving vehicles to Afghanistan in less than a year -- a truly remarkable accomplishment. The next significant award came on Aug. 26, 2009 for the Army’s Family of Medium Tactical Vehicles (FMTV).These two momentous programs are in addition to the existing programs and vehicles that Oshkosh provides for medium tactical wheeled vehicles for the Marine Corps and the Family of Heavy Tactical Vehicles (FHTV) for the Army.
“Our success is the direct result of attention to detail from our management, the skill and determination of our employees and a companywide commitment to continuous improvement. Each day we come to work with a purpose and leave with a great sense of pride,” said Hove. Nominees for the Wisconsin MOTY awards must have major manufacturing operations in the state. Winning companies are also recognized for having made Wisconsin a better place to live and work through their operations and business excellence.
MOTY winners were announced at an awards program on Thursday, Feb. 25 at The Pfister Hotel in Milwaukee. The MOTY Awards Program is co-sponsored by Michael Best and Friedrich LLP, Baker Tilly Virchow Krause LLP, and Wisconsin Manufacturers & Commerce. About Oshkosh Defense
Oshkosh Defense, a division of Oshkosh Corporation, is an industry-leading global designer and manufacturer of tactical military trucks and armored wheeled vehicles, delivering a full product line of conventional and hybrid vehicles, advanced armor options, proprietary suspensions and vehicles with payloads that can exceed 70 tons. Oshkosh Defense provides a global service and supply network including full life-cycle support and remanufacturing, and its vehicles are recognized the world over for superior performance, reliability and protection. For more information, visit www.oshkoshdefense.com About Oshkosh Corporation
Oshkosh Corporation is a leading designer, manufacturer and marketer of a broad range of specialty access equipment, commercial, fire & emergency and military vehicles and vehicle bodies. Oshkosh Corp. manufactures, distributes and services products under the brands of Oshkosh®, JLG®, Pierce®, McNeilus®, Medtec®, Jerr-Dan®, Oshkosh Specialty Vehicles, Frontline™, SMIT™, CON-E-CO®, London® and IMT®. Oshkosh products are valued worldwide in businesses where high quality, superior performance, rugged reliability and long-term value are paramount. For more information, log on to http://www.oshkoshcorporation.com/®, ™ All brand names referred to in this news release are trademarks of Oshkosh Corporation or its subsidiary companies. Forward-Looking Statements
This press release contains statements that the Company believes to be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact, including, without limitation, statements regarding the Company’s future financial position, business strategy, targets, projected sales, costs, earnings, capital expenditures, debt levels and cash flows, and plans and objectives of management for future operations, are forward-looking statements. When used in this press release, words such as “may,” “will,” “expect,” “intend,” “estimate,” “anticipate,” “believe,” “should,” “project” or “plan” or the negative thereof or variations thereon or similar terminology are generally intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, assumptions and other factors, some of which are beyond the Company’s control, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include risks related to sustaining the required rate of production for the M-ATV contract and the amount, if any, of additional orders for M-ATVs that the Company may receive; the cyclical nature of the Company’s access equipment, commercial and fire & emergency markets, especially during a global recession and tight credit markets; the duration of the global recession, which could lead to additional impairment charges related to many of the Company’s intangible assets; the expected level and timing of U.S. Department of Defense procurement of products and services and funding thereof, risks related to reductions in government expenditures, the potential for the government to competitively bid the Company’s Army and Marine contracts and the uncertainty of government contracts generally; the consequences of financial leverage associated with the JLG acquisition, which could limit the Company’s ability to pursue various opportunities; risks related to the collectability of receivables during a recession, particularly for those businesses with exposure to construction markets; risks related to production delays as a result of the economy’s impact on the Company’s suppliers; the potential for commodity costs to rise sharply, including in a future economic recovery; risks associated with international operations and sales, including foreign currency fluctuations; and the potential for increased costs relating to compliance with changes in laws and regulations. Additional information concerning these and other factors is contained in the Company’s filings with the Securities and Exchange Commission. All forward-looking statements speak only as of the date of this press release. The Company assumes no obligation, and disclaims any obligation, to update information contained in this press release. Investors should be aware that the Company may not update such information until the Company’s next quarterly earnings conference call, if at all. Contact:
Oshkosh Corporation Financial: Patrick Davidson Vice President, Investor Relations 920.966.5939 or Media: Ann StawskiVice President, Marketing Communications 920.966.5959
 Defense News ~ WASHINGTON, Feb 26 (Reuters) - General Dynamics Corp (GD.N) has won a $824.6 million contract modification for continued work on two T-AKE dry cargo ships, and a separate contract for $114 million for long-lead time procurement for another DDG-51 destroyer, the U.S. Defense Department said on Friday.
The Navy awarded National Steel and Shipbuilding Co (NASSCO), a General Dynamics unit, a contract for work on T-AKE 13 to be completed by December 2013, and T-AKE 14, to be completed by November 2014. The Navy also awarded General Dynamics' Bath Iron Works shipyard $114 million to buy materials needed for construction of DDG 115 under the DDG-51 destroyer program. That work is due to be completed by December 2012, the Pentagon said in its daily digest of major weapons contracts. (Reporting by Andrea Shalal-Esa)
 Program to improve security, accuracy and reliability of GPS satellitesDefense News ~ AURORA, Colo., Feb. 26, 2010 /PRNewswire-FirstCall/ -- The U.S. Air Force has selected Raytheon Company (NYSE: RTN - News) for an initial contract of $886 million to develop a new element of the Global Positioning System to improve the accuracy of information from GPS satellites. The contract represents the first two development blocks of the advanced control segment (OCX), which will have a significant impact on GPS capabilities. The OCX system will include anti-jam capabilities and improved security, accuracy and reliability and will be based on a modern service-oriented architecture to integrate government and industry open-system standards. "We are excited to partner with the Air Force to provide the best-value GPS control system for the future," said Lynn Dugle, president of Raytheon's Intelligence and Information Systems business. "Raytheon's broad experience in delivering satellite-to-ground command and control systems will ensure that our nation's military and civil GPS users worldwide are provided new capabilities." The OCX will dramatically affect GPS command, control and mission capabilities and make it easier for the operations team to run the current GPS block II and all future GPS satellites. "Raytheon is proud to deliver innovative technologies to help the Air Force meet its mission of protecting GPS operational services," said Bob Canty, GPS OCX vice president and program manager for Raytheon. "The advanced control segment is a critical program for our nation's combat forces, coalition partners, as well as domestic and international civil users. By selecting Raytheon, the Air Force recognizes our experience and commitment to take GPS to the next level." The GPS, a satellite-based radio navigation system for the military and the public, comprises three major segments: the user segment, the space segment, and the control segment, which includes a master control station and ground antennas. "The OCX concept was created to separate the control and space segments," Canty said. "Technologies were evolving so rapidly and were so critical to execution that specialized skills were needed. The GPS wing saw the same need for specialized expertise on GPS OCX." Raytheon brings more than four decades of experience in command and control systems for satellites to the OCX program. Teammates include The Boeing Company, ITT, Braxton Technologies, Infinity Systems Engineering and the Jet Propulsion Laboratory. The contract was awarded by the Air Force Space and Missile Systems Center at Los Angeles Air Force Base. Raytheon Company, with 2009 sales of $25 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 88 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 75,000 people worldwide. Note to Editors: Raytheon will hold a GPS OCX press conference webcast at 11 a.m. EST Feb. 26. To register, please go to www.raytheon.com/gpsocx. For more information about Raytheon's GPS OCX program, visit www.raytheon.com/gpsocx. Contact:
Keith Little
703.608.4230 cell
703.849.1675 work
 Defense News ~ TUCSON, Ariz., Feb. 25, 2010 /PRNewswire/ -- In a significant production milestone, Raytheon Company (NYSE: RTN - News) delivered the 2,000th Tomahawk Block IV cruise missile to the U.S. Navy. "Tomahawk Block IV provides the Navy with a combat-proven weapon that plays a critical role in hybrid warfare operations," said Capt. Dave Davison, the U.S. Navy's program manager for the Tomahawk weapon system. "The Navy's receipt of the 2,000th Tomahawk Block IV provides the commander with a powerful tactical weapon to shape the battlespace and prosecute time-critical targets." Tomahawk Block IV's technologies provide a tactical capability while reducing acquisition, operation and support costs. Tomahawk Block IV employs a two-way satellite datalink that enables a strike controller to flex the missile in flight to preprogrammed alternate targets or redirect it to a new target. This targeting flexibility includes the capability to loiter over the battlefield and await a more critical target. "The Tomahawk program continues to provide the U.S. Navy with the capability to project precision firepower across the breadth and depth of the battlespace while delivering unprecedented flexibility to the commander," said Harry Schulte, vice president of Raytheon's Air Warfare Systems product line. "With the dedication of our employees and suppliers, the Tomahawk program has set the standard in cruise missile capability." Raytheon Company, with 2009 sales of $25 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 88 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 75,000 people worldwide. Contact:
Mike Nachshen
520.794.4088 (office)
520.269.5697 (mobile)
Michael_Nachshen@raytheon.comRelated Headlines
Lockheed gets $17.7M contract option - AP
Raytheon Delivers 2,000th Tomahawk Block IV Cruise Missile to U.S. Navy - PR Newswire
Coverage initiated on Raytheon by C.K. Cooper - Briefing.com
War-Zone Contractors Draw Senate Scrutiny - at The Wall Street Journal Online
Senate Slams 'Reckless' Contractor - at The Wall Street Journal Online
 Defense News ~ OAKEY, Queensland, Feb. 26, 2010 -- Boeing [NYSE: BA] has signed an AU$44 million change proposal with the Commonwealth of Australia to increase the scope of the Army Aviation Training and Training Support (AATTS) contract. Awarded the contract in 2007, Boeing subsidiary Boeing Defence Australia has been supporting the Australian Army's Black Hawk and Kiowa helicopters with pilot, aircrew and technician training, operational fleet maintenance, and support services at the Army Aviation Training Centre in Oakey. Following detailed operational reviews, the Commonwealth and Boeing Defence Australia changed the scope of the AATTS contract to reflect the Army's current and future aircrew training requirements. Under the updated contract, Boeing Defence Australia is additionally responsible for delivering: ~The Initial Army Pilot Helicopter Qualification Course, using the B-206 Kiowa ~85 percent of S-70A-9 Black Hawk pilot training ~CH-47 Chinook helicopter instructor and technician training. The $44 million agreement also includes the Commonwealth's first one-year extension of AATTS, continuing the contract until September 2013. The original AATTS contract includes five one-year extension options. "The Commonwealth's decision to both increase the scope of AATTS and extend the contract until 2013 reinforces Boeing Defence Australia's position as the preeminent ab-initio ['from the beginning'] training provider to the Australian Defence Force," said Mark Brownsey, Boeing Defence Australia senior manager for Global Services & Support -- Training Operations. "To date, Boeing Defence Australia has exceeded all Australian Army training and maintenance requirements, including standing up the entire program on time, completing 100 percent of training courses on schedule, supporting close to 7,000 training sorties annually, and providing maintenance support to the Australian Defence Force Kiowa fleet, which recently achieved more than 50,000 flight hours," said Matthew Sibree, Boeing Defence Australia AATTS project manager. "To ensure AATTS continues on time and on budget, 20 additional employees will be hired on to the 160-strong team to ensure we meet our customer's expectations." The updated AATTS contract will further strengthen Boeing Defence Australia's training capability while ensuring the Australian Army maintains a constant supply of qualified helicopter pilots, aircrew and technicians to conduct complex helicopter missions in support of domestic and global operations. Boeing Defence Australia, a wholly owned subsidiary of The Boeing Company and a business unit of Boeing Defense, Space & Security, is a leading Australian aerospace enterprise. With a world-class team of nearly 2,000 employees at 13 locations throughout Australia and two international sites, Boeing Defence Australia supports some of the largest and most complex defense projects in Australia. A unit of The Boeing Company, Boeing Defense, Space & Security is one of the world's largest defense, space and security businesses specializing in innovative and capabilities-driven customer solutions, and the world's largest and most versatile manufacturer of military aircraft. Headquartered in St. Louis, Boeing Defense, Space & Security is a $34 billion business with 68,000 employees worldwide. Contact:
Sarah WillsBoeing Defence Australia+61 7-3306-3132sarah.e.wills@boeing.com Alison SheridanBoeing Training Systems & Services+1 314-232-8187alison.sheridan@boeing.com
 Defense News ~ STERLING, Va. Feb. 25 /PRNewswire-FirstCall/ -- IceWEB, Inc.â„¢ (OTC Bulletin Board: IWEB.ob - News) , http://www.iceweb.com/, a leading provider of purpose built appliances and building blocks for cloud storage networks, announced today that the Company has received an order for a customized Geospatial Intelligence Platform from the United States Navy. "We are excited to be afforded this opportunity to support the critical missions of yet another Department of Defense customer," said John R. Signorello, CEO of IceWEB. Â "The Geographic Information System platform we are providing to the Navy will be populated with a premier-quality imagery base map that will be used to track military assets and sensor data. Â This 24 terabyte system order is further confirmation that our products continue to gain traction in both the commercial and government market sectors." About IceWEB, Inc.Headquartered just outside of Washington, D.C., IceWEB manufactures and markets purpose built appliances, network and cloud storage solutions and delivers on-line cloud computing application services. Its customer base includes U.S. government agencies, enterprise companies, and small to medium sized businesses (SMB). For more information, please visit http://www.iceweb.com/.
This press release may contain forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. In some cases you can identify those so-called "forward looking statements" by words such as "may," "will," "should," "expects," "plans," "targets," "believes," "anticipates," "estimates," "predicts," "potential," or "continue" or the negative of those words and other comparable words. These forward looking statements are subject to risks and uncertainties, product tests, commercialization risks, availability of financing and results of financing efforts that could cause actual results to differ materially from historical results or those anticipated. Further information regarding these and other risks is described from time to time in the Company's filings with the SEC, which are available on its website at: http://www.sec.gov. We assume no obligation to update or alter our forward-looking statements made in this release or in any periodic report filed by us under the Securities Exchange Act of 1934 or any other document, whether as a result of new information, future events or otherwise, except as otherwise required by applicable federal securities laws.Contact:
IceWEB, Inc.
Investor Relations, 571.287.2400 investor@iceweb.com
or
Gary Nash, CEOCast, 212.732.4300Related Headlines
IceWEB Receives Order for 24 Terabyte Storage Platform for U.S. Navy - PR Newswire
VideoBank Selects IceWEB Storage for Its Customer Deployments - PR Newswire
IceWEB Launches Northeast Channel Programs - PR Newswire
IceWEB Executive to Present at Google Federal User Conference - Business Wire
IceWEB to Exhibit at ESRI Federal User Conference - PR Newswire
 Orbit International Corp.'s TDL Subsidiary Announces Exclusive Supplier Partnering Agreement with Synexxus, Inc. for the Oberon V4 Electronic Keel System Deployable in a Family of MRAP Vehicles
Potential for Significant Orders and Revenues Over Five Year TermDefense News ~ HAUPPAUGE, N.Y.--February 25, 2010, (BUSINESS WIRE)--Orbit International Corp. (NASDAQ: ORBT - News), a defense and industrial electronics manufacturer, systems integrator and software solution provider, today announced that its Tulip Development Laboratory (“TDL”) subsidiary, located in Quakertown, PA, has signed a Supplier Partnering Agreement (“SPA”) with Synexxus Inc., (“Synexxus”), located in Arlington, VA for the exclusive right to manufacture and supply its color display in support of the Oberon V4 Electronic Keel System (“Oberon”) or any display derivative configuration, for a period of five (5) years. As previously announced, TDL will be demonstrating the Oberon V4 system at the AUSA Symposium and Exhibition, Fort Lauderdale, FL., from February 25 to 27. Oberon will also be on display and incorporated in another MRAP vehicle manufactured by a leading global defense contractor. Synexxus, Inc. has successfully designed an open architecture data distribution and information system that has been designated as the Command, Control, Communication, Computers, Intelligence, Surveillance and Reconnaissance (“C4ISR”) system to be deployed in a number of MRAP vehicle configurations. Most recently, Oberon was selected for deployment in the Mine Resistant Ambush Protected-All Terrain Vehicle (MRAP-ATV) manufactured by the Oshkosh Corporation. For this particular system, TDL will provide two of its 15inch color displays for each MRAP-ATV vehicle that will be integrated with Oberon. David Gutman, President of TDL indicated, “We have been working with the Synexxus team for quite some time, in an effort to design and develop a quality, cost competitive display, that will support open architecture networking systems for a number of mission critical programs. Greg Glaros, President of Synexxus, indicated that Oberon was initially designed and developed for soldiers who wanted to control their vehicle-based technologies-sensors, blue force tracking and weapons, from a single interface, similar to people who want to access multiple programs from their desktop computer. With that objective, the Synexxus team had successfully designed a cockpit-like technology that could turn armored vehicles into multimedia hubs, and allow soldiers to control sensors and weapons from the safety of their armored vehicles. Given the success of their vision, Synexxus has now deployed a number of Oberon systems specifically designed for rapid deployment, reconfigured for changing missions that support ground vehicle, shipboard, and avionic defense electronic programs.” Gutman commented, “As the exclusive source of supply to Synexxus for all Oberon V4 display requirements, we understand and appreciate the significance of potential upcoming opportunities, as well as the demanding responsibilities that will be required to assure the ongoing success of Oberon. In consideration for the exclusive rights to provide displays to Synexxus for Oberon, TDL has established a number of internal benchmark commitments designed to demonstrate continued manufacturing improvements for design, quality, and delivery. Additionally, TDL has provided a highly competitive pricing structure for the term of the Agreement.” Dennis Sunshine, President and Chief Executive Officer of Orbit International Corp. commented, “All of the business, operational and logistical issues required to support Oberon are now in place, included in the SPA. It is our understanding that the government is still determining the number of MRAP-ATVs coming off the assembly line that will be equipped with Oberon. In light of the number of MRAP-ATVs, as well all other vehicles in the MRAP family currently in production, we believe that the impact on future display orders needed for Oberon could have a significant impact on our revenues and profitability over the life of the five year agreement. Through its larger Quakertown, PA facility, TDL it is well positioned to meet potential high quantity production requirements for Oberon supporting time-sensitive deployment schedules. As part of the SPA, TDL is working with the Synexxus team to develop a time-line to manufacture and store displays for quick turnaround requirements. There will be a number of displays on our manufacturing floor, as work in progress units, available for normal scheduled releases.” Sunshine concluded, “Synexxus has successfully deployed a reliable, versatile, unique open architecture Oberon networking system that can be easily integrated in a number of MRAP vehicles. Oberon has gained the confidence of a number of vehicle personnel that constantly operate under mission deployments in the harsh terrain of Iraq and Afghanistan. The number of positive comments coming directly from MRAP-ATV operators, together with its ease of installation, mission versatility and significant life cycle program cost savings, may have contributed to the selection of the Oberon solution. Again, we are committed to provide quality displays, pursuant to accelerated delivery dates and quantities, at a cost competitive price, that will be reliable in Oberon battlefield conditions. We are extremely proud to be a part of the Oberon Team.” Orbit International Corp. is involved in the manufacture of customized electronic components and subsystems for military and nonmilitary government applications through its production facilities in Hauppauge, New York, and Quakertown, Pennsylvania; and designs and manufactures combat systems and gun weapons systems, provides system integration and integrated logistics support and documentation control at its facilities in Louisville, Kentucky. Its Behlman Electronics, Inc. subsidiary manufactures and sells high quality commercial power units, AC power sources, frequency converters, uninterruptible power supplies and COTS power solutions. Certain matters discussed in this news release and oral statements made from time to time by representatives of the Company including, but not limited to, statements regarding any acquisition proposal and whether such proposal or a strategic alternative thereto may be considered or consummated; statements regarding our expectations of Orbit’s operating plans, deliveries under contracts and strategies generally; statements regarding our expectations of the performance of our business; expectations regarding costs and revenues, future operating results, additional orders, future business opportunities and continued growth, may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the Federal securities laws. Although Orbit believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that its expectations will be achieved. Forward-looking information is subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. Many of these factors are beyond Orbit International's ability to control or predict. Important factors that may cause actual results to differ materially and that could impact Orbit International and the statements contained in this news release can be found in Orbit's filings with the Securities and Exchange Commission including quarterly reports on Form 10-Q, current reports on Form 8-K, annual reports on Form 10-K and its other periodic reports and its registration statement on Form S-3 containing a final prospectus dated January 11, 2006. For forward-looking statements in this news release, Orbit claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Orbit assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise. Contact:
Orbit International Corp. Mitchell Binder, 631-435-8300 Executive Vice President or Tulip Development Laboratory David Gutman, 215-538-8820 President
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Defense News ~ BLOOMFIELD HILLS, Mich., Feb. 26 /PRNewswire-FirstCall/ -- TriMas Corporation (Nasdaq:TRS - News) – a diversified global manufacturer of engineered and applied products – today announced that Arrow Engine Company, part of the company's Energy segment, has introduced a newly designed two-throw separable reciprocating gas compressor for use in the compressed natural gas (CNG) vehicle fueling market.
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