Monday, March 15, 2010

Lockheed Martin Delivers Innovative Full-Motion Video Intelligence System to USJFCOM

First "Valiant Angel" System Delivered Just 90 Days After Contract Award

Lockheed Martin - We never forget who we're working for

Defense News: SUFFOLK, Va., March 15 /PRNewswire/ -- The U.S. Joint Forces Command is testing a brand new video intelligence system delivered by Lockheed Martin (NYSE:LMT - News) that will help commanders take better control of the flood of video being generated on the modern battlefield. The Valiant Angel system uses broadcast television technology to help commanders collect, archive, search, analyze and share full-motion video.

This first Valiant Angel system was delivered just over 90 days after contract award. Joint Forces Command awarded a team comprised of Lockheed Martin, Harris Corporation and NetApp a$29 million contract to develop the system in September. The Valiant Angel Network Operations Center and first node was delivered on December 4th to the Command's Joint Intelligence Laboratory, where it is undergoing integration testing in advance of a planned deployment to Afghanistan this spring.

"Full-motion video is one of today's most pressing tactical intelligence challenges," said Dan Rice, LockheedMartin Vice President for Spatial Solutions. "With so many sensors out there generating so much video, it can be overwhelming for the user to manage. Joint Forces Command recognized early on that this challenge was in need of an innovative new solution – and one that could get into the hands of warfighters immediately. We're proud to be working with USJFCOM to rapidly turn Valiant Angel from contract award into an operational system."

Once the system completes the testing phase, Lockheed Martin will produce and field several Valiant Angel"nodes" to Afghanistan. Each node consists of a suite of high-capacity servers that store and archive video footage from multiple sensors and UAVs, coupled with a software system that lets users catalog, tag, search, and analyze video clips. For instance, users can search the archive for a specific person or vehicle, or they can fuse mapping, geospatial, and multi-source intelligence data with video feeds to conduct in-depth analysis. Valiant Angel works with both archived video and with live, incoming video streams.

The Valiant Angel system incorporates tools and technologies from Lockheed Martin's Audacity™ video analysis system, Harris Corporation's Full-Motion Video Asset Management System (FAME™), and NetApp's Data ONTAP high-performance storage technology.

Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Corporation reported 2009 sales of $45.2 billion.

For additional information, visit our website:

Related Headlines

General Dynamics Itronix Launches New GDAssure(TM) Program that Certifies Customer Computer Systems Prior to Installation

- Program offers unprecedented level of assurance that new rugged computer systems will work successfully when deployed across the customer's enterprise -

Defense News: SUNRISE, Fla., March 15 /PRNewswire/ -- General Dynamics Itronix introduces the new GDAssure™ Solution Validation and Installation Certification Program that evaluates and certifies that a customer's rugged computer, software and peripherals operate as they are intended in a simulated day-to-day operating environment. The GDAssure program reduces the time and costs associated with a computer system that, once installed, fails to operate correctly.

The program assembles a team of engineers, system architects and others who test and evaluate various aspects of a system's configuration and performance. An analysis might include the evaluation of wireless accessories including printers, bar code scanners, GPS modules, operating software and mounting hardware for vehicle installations. Testing can also incorporate vibration, shock, drop, extreme operating temperatures and other tests based on a system's configuration and operating environment. The final analysis documents the components that worked as intended and those that need to be re-evaluated.

"This program is useful to a wide range of government, public safety, utilities, transportation and other organizations that expect their computer-based systems to successfully and efficiently operate across the enterprise, with minimal impact on their day-to-day operations," said Frank Romeo, solutions & services marketing manager for General Dynamics Itronix.

The GDAssure Solution Validation and Installation Certification Program is available as part of a sales contract and takes from 60 to 90 days to complete.

GDAssure Solution Validation and Installation Certification Program is part of the General Dynamics Itronix GDAssure Service portfolio that offers a variety of lifecycle, professional and managed services, including:

  • Standard three-year warranties;
  • Enhanced warranty programs;
  • No Fault Max full warranty coverage;
  • Advanced Exchange (swap-out repair);
  • Battery Maintenance;
  • Gold Disk Load;
  • Asset Tracking & Management;
  • Customer Service Account Management;
  • Product Disposal services; and
  • Customized Packaged Solutions.

General Dynamics Itronix is a leading developer of wireless, rugged computing solutions for mobile workers, offering a full range of field computing systems, including full-sized laptops, ultra-mobile notebook PCs and tablet PCs. The company is part of General Dynamics C4 Systems, a business unit of General Dynamics (NYSE:GD - News). Additional information is available at

General Dynamics, headquartered in Falls Church, Va., employs approximately 91,700 people worldwide. The company is a market leader in business aviation; land and expeditionary combat systems, armaments and munitions; shipbuilding and marine systems; and information systems and technologies. More information about General Dynamics is available online at

Itronix is a registered trademark or trademarks of General Dynamics Itronix.

Related Headlines

Caster Concepts Wins Contract to Engineer and Build Test Machine for Navy

Caster Concepts is the leading manufacturer of medium to super duty industrial casters and wheels. Caster Concepts' top notch engineering team can custom develop a caster and wheel to stand up under any factory condition.

Defense News: ALBION, MI--(Marketwire - 03/15/10) - Caster Concepts, an ISO 9001-2000 certified designer and manufacturer of a comprehensive line of industrial casters, was awarded the contract to build a high performance test dynamometer for the Puget Sound Naval Facility in Bremerton, Washington. The contract calls for Caster Concepts to engineer and manufacture a test dynamometer used to optimize and fine tune the control systems that power a 325 horsepower electric motor. The contract also includes the design of a custom shipping container that will house the test equipment during transport and serve as a mobile laboratory during testing.

Caster Concepts will outfit the test dynamometer with speed and torque sensors to monitor and record performance using a PC-based data acquisition measurement hardware. The design work, including finite element analysis, will be conducted in-house. All manufacturing will be performed on site at Caster Concepts' plant in Albion, Michigan, or by one of its sister companies, Fabricating Concepts, The Machine Center and Triple E Manufacturing.

The Navy evaluated four proposals for the test dynamometer. Caster Concepts' was judged to be the most cost effective and the most technically sound. Delivery of the test dynamometer will be in May. Caster Concepts will also provide onsite training and support.

Caster Concepts has long held the belief that the heart of a great caster company is the engineering and technology behind the product. The company has grown and developed its engineering team to include not only expertise in wheels and bearings but also in electronics, software, material science, product development and all mechanical engineering skill sets. As a result, Caster Concepts has been involved in the development of a polyurethane manufacturing process for airless wheels used in Humvees (HWMWV) and all terrain vehicles (ATV), driving simulators to teach advanced driver's education and the creation of a revolutionary shock absorption technology for wheels that reduces hearing loss in factory workers.

About Caster Concepts

Caster Concepts, Inc. is an ISO 9001-2000 certified designer and manufacturer of a comprehensive line of industrial casters, ranging from medium-duty series to heavy-duty series to meet any application. CCI also manufactures caster wheels to withstand impact, corrosion, temperature extremes and chemicals found in harsh industrial environments. The multi-functional casters and wheels serve a variety of applications in the industrial, automotive, food service, aerospace, material handling and other demanding markets. Learn more about the entire family of Caster Concepts companies -- Reaction Industries, LLC, The Machine Center,Fabricating Concepts, LLC, Triple E Manufacturing and CasterShox by visiting the most comprehensive website in the caster industry at


For more information, contact:
Dr. William Dobbins
President & CEO
Caster Concepts, Inc.
Media contact:
Alyson Kallmeyer
Marketing Programs Manager
Hilty Moore & Associates, Inc.
440-424-4709 Ext. 202

L-3 Awarded F-16 Mission Training Center Contract Option

Defense News: NEW YORK--(BUSINESS WIRE)--L-3 Communications (NYSE:LLL - News) announced today that its Link Simulation & Training division has been awarded a $20.9 million contract option on the F-16 Mission Training Center (MTC) program. This contract option, received from the Aeronautical Systems Center's Training Systems Product Group at Wright Patterson Air Force Base, brings the total contract value on the program to $109.1 million.

Under the contract option, L-3 Link will build and deliver an F-16 MTC suite that includes four high-definition simulators. The BoeingCompany will provide the instructor/operator stations and brief/debrief systems. This marks the second four-ship F-16 MTC the U.S. Air Force has ordered from L-3 Link.

All F-16 MTC suites under order are being integrated with L-3 Link’s HD World simulation product line. HD World combines high-definition databases, image generation systems, physics-based processing technology and visual system displays to create highly realistic and relevant environments for F-16 pilot training. SimuSphere® HD, the visual display component to HD World, provides each simulator with an immersive, 360-degree field-of-view.

“The technologies being delivered on the F-16 Mission Training Center simulators are providing a solution that will maximize pilot operational readiness while reducing training costs to the U.S. Air Force,” said Bob Birmingham, president of L-3 Link. “For the first time ever in a simulator, F-16 pilots will be able to detect, judge the orientation of, recognize and identify targets from the same distance as when flying an actual mission.”

Under the program, the U.S. Air Force could order as many as 20 four-ship F-16 MTCs for delivery to installations in the U.S., Europe and Pacific region. High-fidelity F-16 MTC simulators, which will accurately model all of the fighter aircraft’s weapon systems and ordnance, will be delivered in Block 40/42 and 50/52 configurations to support basic and advanced pilot mission training, tactics validation and mission rehearsal.

L-3 Link Simulation & Training is a systems integration organization that delivers and supports training systems and equipment to enhance operational proficiency. The company’s current services include conducting front-end analysis, program design, simulator design and production, field support, aircraft logistics support, training and courseware support, and air traffic control training. It has major operations in Arlington, Texas, and other key bases of operation in Binghamton, N.Y.; Orlando, Fla.; Oklahoma City, Okla.; Broken Arrow, Okla.; and Phoenix, Ariz.

Headquartered in New York City, L-3 Communications employs approximately 67,000 people worldwide and is a prime contractor in aircraft modernization and maintenance, C3ISR (Command, Control, Communications, Intelligence, Surveillance and Reconnaissance) systems and government services. L-3 is also a leading provider of high technology products, subsystems and systems. The company reported 2009 sales of $15.6 billion.

To learn more about L-3, please visit the company's Web site at L-3 uses its Web site as a channel of distribution of material company information. Financial and other material information regarding L-3 is routinely posted on the company’s Web site and is readily accessible.

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995

Except for historical information contained herein, the matters set forth in this news release are forward-looking statements. Statements that are predictive in nature, that depend upon or refer to events or conditions or that include words such as "expects," "anticipates," "intends," "plans," "believes," "estimates," "will," "could" and similar expressions are forward-looking statements. The forward-looking statements set forth above involve a number of risks and uncertainties that could cause actual results to differ materially from any such statement, including the risks and uncertainties discussed in the company's Safe Harbor Compliance Statement for Forward-Looking Statements included in the company's recent filings, including Forms 10-K and 10-Q, with the Securities and Exchange Commission. The forward-looking statements speak only as of the date made, and the company undertakes no obligation to update these forward-looking statements.

Aerojet and Orbital Complete Main Engine Lifetime Testing for Taurus II Space Launch Vehicle

Russian Tests of Heritage NK-33 Rocket Engine Confirm Performance and Durability
Engine Completes Two Times Normal Firing Duration of a Taurus II Launch Profile

Defense News: SACRAMENTO, Calif., March 15 /PRNewswire/ -- Aerojet, a GenCorp (NYSE:GY - News) company, and Orbital Sciences Corporation (NYSE:ORB - News), along with Aerojet's Russianpartner, SNTK, announced today that a series of NK-33 rocket engine tests conducted in Samara, Russia were successfully completed in support of the development of Orbital's Taurus® II space launch vehicle.

The purpose of the extended-time testing of the NK-33 engine, on which the AJ26 first-stage engine for the Taurus II rocket is based, was to demonstrate a 'hot-fire' duration equal to two times a normal Taurus II acceptance testing and launch profile duty cycle. Over the last two weeks, three tests were conducted by SNTK with a cumulative duration of more than 600 seconds. These tests verified the significant technical margins on engine performance and durability required by Orbital's Taurus II development program.

GenCorp President and CEO and Aerojet President, Scott Seymour, said, "Completing the margin testing is a significant milestone in Aerojet's contract with Orbital. This success demonstrates the engine's robust design and its ability to operate at the power levels and duration times compatible with the Taurus II flight profile with additional performance margin."

"The success of the NK-33 engine tests in Russia is an important step forward in the development of the Taurus II rocket," said Ron Grabe, Orbital's Executive Vice President and General Manager of its Launch Systems Group. "With the performance of the heritage engine now confirmed and well understood, we can move forward with confidence to configuration verification and acceptance testing of AJ26 engines at NASA's Stennis Space Center in Mississippi beginning in April."

Aerojet is the provider of the AJ26/NK-33 rocket engine for the first stage of the Taurus II launcher. The basic NK-33 engine was originally designed and produced in Russia for the Russian N1 lunar launch vehicle. Aerojet subsequently purchased approximately 40 of the basic NK-33 engines in the mid-1990s and, under contract with Orbital, the company is currently modifying the engines specifically for the Taurus II launch vehicle.

Aerojet and Orbital are scheduled to begin ground testing of the AJ26 engine at NASA's Stennis Space Center in Mississippi in less than two months. The U.S.-based testing will validate the Taurus II specific engine configuration and continue to build on the extensive engine database that includes more than 17 years of development testing, encompassing approximately 1,500 engine-level tests totaling 194,000 seconds of firing duration. After the design verification tests are completed at Stennis, regular production acceptance testing will be initiated, paving the way to the first flights of the Taurus II rocket in 2011.

About the AJ26 Rocket Engine

The AJ26 is a commercial derivative of the NK-33 engine that was first developed for the Russian rocket that would have taken cosmonauts to the moon. As the world's first oxidizer-rich, staged-combustion, oxygen/kerosene rocket engine, it achieves very high performance in a lightweight, compact package. Aerojet has been developing design modifications to make the engine suitable for commercial launchers since the mid-1990s.

About the Taurus II Launch Vehicle

Orbital is developing the Taurus II medium-class space launch vehicle to boost payloads into a variety of low Earth and geosynchronous transfer orbits and to Earth escape trajectories. Taurus II incorporates proven technologies from the company's Pegasus®, Taurus and Minotaur rockets, and is supported by a "best-in-class" network of suppliers from the U.S. and around the world.

The Taurus II program currently has a backlog of nine launches, beginning with the demonstration flight in 2011 for the Commercial Orbital Transportation Services (COTS) project, a joint research and development effort with NASA to develop a system capable of safely and reliably supplying the International Space Station (ISS) with essential cargo. Orbital is also under contract with NASA for the Commercial Resupply Services (CRS) program with an eight-mission, $1.9 billion agreement to deliver cargo to the ISS from 2011 through 2015.

In addition to its work with NASA on the COTS and CRS programs, Orbital is also offering the Taurus II rocket to U.S. civil government and military customers for dedicated launch services for medium-class scientific and national security satellites. From its Wallops Island, Virginia launch site, Taurus II will be capable of supporting mid-inclination and polar orbiting spacecraft weighing approximately 10,500 lbs. and 5,500 lbs., respectively.

About Aerojet

Aerojet is a world-recognized aerospace and defense leader principally serving the missile and space propulsion, defense and armaments markets. GenCorp is a leading technology-based manufacturer of aerospace and defense products and systems with a real estate segment that includes activities related to the entitlement, sale, and leasing of the company's excess real estate assets. Additional information about Aerojet and GenCorp can be obtained by visiting the companies' Web sites at and

About Orbital

Orbital develops and manufactures small- and medium-class rockets and space systems for commercial, military and civil government customers. The company's primary products are satellites and launch vehicles, including low-Earth orbit, geosynchronous-Earth orbit and planetary exploration spacecraft for communications, remote sensing, scientific and defense missions; human-rated space systems for Earth-orbit, lunar and other missions; ground- and air-launched rockets that deliver satellites into orbit; and missile defense systems that are used as interceptor and target vehicles. Orbital also provides satellite subsystems and space-related technical services to U.S. Government agencies and laboratories. More information about Orbital can be found at

Related Headlines

Bombardier Announces Cash Tender Offer for its 6.75% Notes Due 2012, its 6.30% Notes Due 2014 and its Floating Rate Senior Notes Due 2013


Bombardier Inc. (TSX:BBD.A - News)(TSX:BBD.B - News) today announced the commencement of a cash tender offer to purchase up to US$550.0 million aggregate principal amount (the "Tender Cap") of Bombardier's 6.75% Notes due 2012 (CUSIP/ISIN Nos. 097751AG6 / USC10602AG20) (the "6.75% Notes"), 6.30% Notes due 2014 (CUSIP/ISIN Nos. 097751AH4 / USC10602AH03) (the "6.30% Notes" and, collectively with the 6.75% Notes, the "U.S. Dollar Notes") and Floating Rate Senior Notes due 2013 (Common Code/ISIN No. 027397891 / XS0273978592) (the "Floating Rate Notes" and, collectively with the U.S. Dollar Notes, the "Notes"). The tender offer is being made pursuant to an Offer to Purchase dated March 15, 2010 and, in respect of 6.75% Notes and 6.30% Notes only, the related Letter of Transmittal.

Upon the terms and subject to the conditions described in the Offer to Purchase and the Letter of Transmittal (in respect of 6.75% Notes and 6.30% Notes only), Bombardier is offering to purchase for cash (the "Tender Offer") up to the Tender Cap, its 6.75% Notes, 6.30% Notes and Floating Rate Notes. Bombardier reserves the right, but is not obligated, to increase the Tender Cap to up to US$1.0 billion aggregate principal amount, subject to compliance with applicable law. Tenders of the Notes may be withdrawn at any time prior to 9:00 a.m., New York City time, on March 29, 2010 (such date and time, as they may be extended, the "Withdrawal Date"), but may not be withdrawn thereafter. The Tender Offer will expire at 9:00 a.m., New York City time, on April 12, 2010, unless extended or earlier terminated (the "Expiration Date").

The Tender Offer is being undertaken to take advantage of current favourable conditions in the debt capital markets and to extend Bombardier's debt maturity profile by refinancing a portion of Bombardier's long-term debt due in 2012, 2013 and 2014 with longer maturity financing.

The consideration for each US$1,000 principal amount of 6.75% Notes and 6.30% Notes, and for each EUR1,000 principal amount of Floating Rate Notes validly tendered and accepted for purchase pursuant to the Tender Offer will be the applicable consideration set forth in the table below under "Tender Offer Consideration." Holders of Notes that are validly tendered at or prior to 9:00 a.m. on March 29, 2010 (such date and time, as they may be extended, the "Early Participation Date") and accepted for purchase will receive the applicable Tender Offer Consideration plus the applicable Early Participation Amount. Holders of Notes tendered after the Early Participation Date but at or prior to the Expiration Date and accepted for purchase will receive the applicable Tender Offer Consideration, but not the applicable Early Participation Amount. In addition to the applicable Tender Offer Consideration or Total Consideration, as the case may be, all holders of Notes accepted for purchase will also receive accrued and unpaid interest on the Notes from the last interest payment date to, but not including, the applicable payment date.


or Principal
Title of Common Amount
Security Code ISIN Number Outstanding
6.75% Notes
due 2012 097751AG6 USC10602AG20 US$550,000,000

6.30% Notes
due 2014 097751AH4 USC10602AH03 US$500,000,000

Floating Rate XS0273978592
Senior (Reg. S)
Notes due 027397891 XS0273978915
2013 (144A) EUR679,000,000

Acceptance Tender Offer Participation Total
Title of Priority Consideration Amount Consideration
Security Level (1) (1) (1)(2)

6.75% Notes
due 2012 1 US$1,030.00 US$50.00 US$1,080.00

6.30% Notes
due 2014 2 US$ 990.00 US$50.00 US$1,040.00

Floating Rate
Notes due
2013 3 EUR 980.00 EUR20.00 EUR1,000.00

(1) Per US$1,000 or EUR1,000, as applicable, principal amount of Notes
accepted for purchase.
(2) Includes the applicable Early Participation Amount.

The Tender Offer is not conditioned on any minimum amount of Notes being tendered. However, Bombardier's obligation to accept for purchase and to pay for the Notes in the Tender Offer is subject to the satisfaction or waiver of a number of conditions, including Bombardier's completion of a financing transaction, on terms reasonably satisfactory to Bombardier, pursuant to which Bombardier receives no less than US$1.0 billion in aggregate gross proceeds (exclusive of fees, expenses and discounts). It is anticipated that the Tender Offer will thus be financed by Bombardier's offering of US$1.0 billion aggregate principal amount of new senior notes with maturities not extending beyond 2020, in a private placement that is exempt from the registration requirements of the United States Securities Act of 1933, as amended (the "Securities Act").

Provided that the conditions to the Tender Offer are satisfied, Bombardier anticipates that it will accept for purchase and pay for 6.75% Notes validly tendered and not validly withdrawn at or prior to the Early Participation Date within three business days following the Early Participation Date (the "Early Acceptance Date"), and that it will accept for purchase and pay for 6.75% Notes validly tendered prior to the Expiration Date and not validly withdrawn and not previously accepted on the Early Acceptance Date, as well as 6.30% Notes and Floating Rate Notes, subject to possible proration, validly tendered and not validly withdrawn prior to the Expiration Date within three business days following the Expiration Date.

None of Bombardier or its board of directors, the dealer managers, the tender agent, depositary or information agents, or the trustees for the respective series of Notes makes any recommendation that holders tender or refrain from tendering all or any portion of the principal amount of their Notes, and no one has been authorized by us or any of them to make such a recommendation. Holders must make their own decision as to whether to tender their Notes, and, if so, the principal amount of Notes to tender.

All of the U.S. Dollar Notes are held in book-entry form through the facilities of The Depository Trust Company ("DTC"), and all of Floating Rate Notes are held in book-entry form through a common depositary or its nominee for Euroclear Bank S.A./N.V. and Clearstream Banking, societe anonyme. If you hold Notes through a broker, dealer, commercial bank, trust company or other intermediary or nominee, you must contact such broker, dealer, commercial bank, trust company or other intermediary or nominee if you wish to tender Notes in the Tender Offer. You should check with such broker, dealer, commercial bank, trust company or other intermediary or nominee to determine whether they will charge you a fee for tendering Notes on your behalf. You should also confirm with the broker, dealer, commercial bank, trust company or other intermediary or nominee any deadlines by which you must provide your tender instructions, because the relevant deadline set by such nominee will be earlier than the deadlines set forth herein.

Bombardier has retained J.P. Morgan Securities Inc., J.P. Morgan Securities Ltd., Deutsche Bank Securities Inc., and Deutsche Bank AG, London Branch, to serve as Dealer Managers, directly and through their respective affiliates, for the Tender Offer. Bombardier has retained i-Deal LLC to serve as the depositary and information agent in respect of the U.S. Dollar Notes, and Lucid Issuer Services Limited to act as the tender and information agent in respect of the Floating Rate Notes.

For additional information regarding the terms of the Tender Offer with respect to the U.S. Dollar Notes, please contact J.P. Morgan Securities Inc. at (866) 834-4666 (toll free) or (212) 834-3424 (collect) or Deutsche BankSecurities Inc. at (866) 627-0391 (toll free) or (212) 250-2955 (collect). Requests for a copy of the Offer to Purchase and the Letter of Transmittal relating to the U.S. Dollar Notes, and questions regarding the tender of U.S. Dollar Notes may be directed to i-Deal LLC at (877) 746-3583 (toll free) or (201) 499-3500 (banks and brokers) or

For additional information regarding the terms of the Tender Offer with respect to the Floating Rate Notes, please contact J.P. Morgan Securities Ltd. at +44 (0)20 7325 9633 or Deutsche Bank AG, London Branch, at +44 20 7545 8011. Requests for a copy of the Offer to Purchase and questions regarding the tender of Floating Rate Notes may be directed to Lucid Issuer Services Limited at +44 20 7704 0880

This announcement does not constitute an offer to buy or the solicitation of an offer to sell any securities in any jurisdiction or in any circumstances in which such offer or solicitation is unlawful. In those jurisdictions where the securities, blue sky or other laws require the Tender Offer to be made by a licensed broker or dealer, the Tender Offer will be deemed to be made by the Dealer Managers or one or more registered brokers or dealers licensed under the laws of such jurisdiction. The securities mentioned herein have not been and will not be registered under the Securities Act, or the securities laws of any other jurisdiction, and may not be offered or sold in the United States absent registration under, or an applicable exemption from the registration requirements of, the Securities Act. The securities mentioned herein have not been and will not be qualified for sale to the public under applicable Canadian securities laws and, accordingly, any offer and sale of the securities in Canada will be made on a basis which is exempt from the prospectus and dealer registration requirements of such securities laws.

The communication of this announcement and any other documents or materials relating to the Tender Offer is not being made and such documents and/or materials have not been approved by an authorised person for the purposes of section 21 of the Financial Services and Markets Act 2000. Accordingly, such documents and/or materials are not being distributed to, and must not be passed on to, the general public in the United Kingdom. The communication of such documents and/or materials as a financial promotion is only being made to those persons in the United Kingdom falling within the definition of investment professionals (as defined in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order")) or persons who are within Article 43(2) of the Order, or to any persons to whom it may otherwise lawfully be made under the Order.

The Tender Offer is not being, and will not be, made, directly or indirectly, in the Republic of Italy ("Italy"). The Tender Offer has not been, and will not be, submitted to the clearance procedures of the Commissione Nazionale per le Societa e la Borsa ("CONSOB") and/or the Bank of Italy pursuant to Italian laws and regulations. Neither the Offer to Purchase nor any other documents or materials relating to the Tender Offer or the Notes may be distributed or made available in Italy.

Neither this announcement nor any other documents or materials relating to the Tender Offer have been submitted to or will be submitted for approval or recognition to the Belgian Banking, Finance and Insurance Commission (Commission bancaire, financiere et des assurances/Commissie voor het Bank-, Financie- en Assurantiewezen) and, accordingly, the Tender Offer may not be made in the Kingdom of Belgium ("Belgium") by way of a public offering, as defined in Article 3 of the Belgian Law of 1 April 2007 on public takeover bids or as defined in Article 3 of the Belgian Law of 16 June 2006 on the public offer of placement instruments and the admission to trading of placement instruments on regulated markets (together, the "Belgian Public Offer Law"), each as amended or replaced from time to time. Accordingly, the Tender Offer may not be advertised and the Tender Offer will not be extended, and neither this announcement nor any other documents or materials relating to the Tender Offer (including any memorandum, information circular, brochure or any similar documents) has been or shall be distributed or made available, directly or indirectly, to any person in Belgium other than "qualified investors" in the sense of Article 10 of the Belgian Public Offer Law (as amended from time to time), acting on their own account.

The Tender Offer is not being made, directly or indirectly, to the public in the Republic of France ("France"). Neither this announcement nor any other documents or materials relating to the Tender Offer have been or shall be distributed to the public in France and only (i) providers of investment services relating to portfolio management for the account of third parties (personnes fournissant le service d'investissement de gestion de portefeuille pour compte de tiers) and/or (ii) qualified investors (investisseurs qualifies) other than individuals, all as defined in, and in accordance with, Articles L.411-1, L.411-2 and D.411-1 to D.411-3 of the French Code monetaire et financier, are eligible to participate in the Tender Offer. The Offer to Purchase has not been and will not be submitted for clearance to nor approved by France's Autorite des Marches Financiers.

Certain statements in this announcement are forward-looking statements based on current expectations. By their nature, forward-looking statements require us to make assumptions and are subject to important known and unknown risks and uncertainties, which may cause our actual results in future periods to differ materially from those set forth in the forward-looking statements. For additional information with regarding these risks and uncertainties, and the assumptions underlying the forward-looking statements, please refer to the Offer to Purchase.

About Bombardier

A world-leading manufacturer of innovative transportation solutions, from commercial aircraft and business jets to rail transportation equipment, systems and services, Bombardier Inc. is a global corporation headquartered in Canada. Its revenues for the fiscal year ended Jan. 31, 2009, were $19.7 billion US, and its shares are traded on the Toronto Stock Exchange (BBD). Bombardier is listed as an index component to the Dow Jones Sustainability World and North America indexes. News and information are available at


Bombardier Inc.
Isabelle Rondeau
Director, Communications
Bombardier Inc.
Shirley Chenier
Senior Director, Investor Relations

iLOOKABOUT Announces Series E Warrant Term Extension


Defense News: LONDON, ONTARIO--(Marketwire - 03/15/10) - iLOOKABOUT Corp. (TSX-V:ILA - News) ("iLOOKABOUT" or the "Company") announced today that, subject to the approval of the TSX Venture Exchange ("TSXV"), it will extend the term of its Series E common share purchase warrants (the "Class E Warrants") that were issued as part of a private placement which closed on February 22, 2008.

Each full Class E Warrant entitles its holder to purchase one common share of the Company at an exercise price of $1.00 per share. The Class E Warrants are currently scheduled to expire on April 1, 2010 at 5:00 p.m. (Eastern Time). Subject to the approval of the TSXV, the term of the Class E Warrants will be extended to the earlier of (i) 5:00 p.m. (Eastern Time) on April 1, 2011, or (ii) 5:00 p.m. (Eastern Time) on the 30th calendar day following the Company's common shares attaining a closing price of $1.20 or greater for ten consecutive trading days on the TSXV. To date, none of these Class E Warrants have been exercised.

The Company will be delivering replacement warrant certificates that reflect the amended expiry date to holders of the Class E Warrants in due course.


iLOOKABOUT is a visual data intelligence company serving commercial enterprise in the real estate, insurance, municipal, utility, assessment and appraisal sectors in North America and Europe. iLOOKABOUT is a pioneer in visual data intelligence with its StreetScape and Virtual Tour products. StreetScape is a visual data intelligence product for the geo-spatial market, providing panoramic, comprehensive, street level perspective visual data, geo-coded with latitude and longitude coordinates for accuracy and supported by patented software processes and proprietary security and storage systems. iLOOKABOUT is headquartered in London, Ontario, Canada. iLOOKABOUT's shares are traded on the TSX Venture Exchange under the symbol ILA.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Robin Dyson