Friday, February 26, 2010

Raytheon Wins $886 Million Contract to Develop Next-Generation GPS Control Segment

Program to improve security, accuracy and reliability of GPS satellites
Defense 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

Raytheon Delivers 2,000th Tomahawk Block IV Cruise Missile to U.S. Navy

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.com


Related Headlines
Lockheed gets $17.7M contract option - AP
Raytheon Delivers 2,000th Tomahawk Block IV Cruise Missile to U.S. Navy - PR Newswire
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War-Zone Contractors Draw Senate Scrutiny - at The Wall Street Journal Online
Senate Slams 'Reckless' Contractor - at The Wall Street Journal Online

Boeing Signs AU$44M Contract Expansion for Australian Army Rotary Wing Support

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 Wills

Boeing Defence Australia
+61 7-3306-3132
sarah.e.wills@boeing.com
Alison Sheridan
Boeing Training Systems & Services
+1 314-232-8187
alison.sheridan@boeing.com

IceWEB Receives Order for 24 Terabyte Storage Platform for U.S. Navy

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, 212.732.4300



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Orbit International Corp.'s TDL Subsidiary Announces Exclusive Supplier Partnering Agreement with Synexxus, Inc.for the Oberon V4 Electronic Keel Sys.

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 Term

Defense 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