Northrop Grumman to Webcast First Quarter 2010 Financial Results Conference Call

Defense News: LOS ANGELES, April 7 /PRNewswire-FirstCall/ -- Northrop Grumman Corporation (NYSE:NOC - News) will announce its first quarter 2010 financial results on Wednesday, April 28, 2010. The company's conference call will be held at 10:30 a.m. EDT the same day.

The conference call will be webcast live on Northrop Grumman's Web site at http://www.northropgrumman.com. Northrop Grummanparticipants will include Wes Bush, chief executive officer and president and Jim Palmer, chief financial officer. Replays of the call will be available on the Web site for a limited period of time.

Management's presentations will be supplemented by a series of slides appearing on the company Web site. Listeners are encouraged to view these materials in conjunction with the call. The first quarter 2010 earnings release will be posted on the home page of the Web site.

Northrop Grumman Corporation is a leading global security company whose 120,000 employees provide innovative systems, products, and solutions in aerospace, electronics, information systems, shipbuilding and technical services to government and commercial customers worldwide.

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DTN News: US Hopes To Ease Russia Fears On Missile Defense

Defense News: DTN News: US Hopes To Ease Russia Fears On Missile Defense
Source: DTN News / AP
(NSI News Source Info) WASHINGTON - April 7, 2010: Secretary of State Hillary Rodham Clinton says the U.S. will continue to try to seek common ground with Russia on missile defense despite the Kremlin's fear that such systems are aimed at crippling its nuclear arsenal.She told a Pentagon briefing she understands reservations being voiced by Moscow about a new nuclear arms reduction treaty to be signed later this week.
Russia unsuccessfully sought to include limits on missile defenses during months of negotiations on the new arms treaty and on Tuesday said it reserves the right to withdraw from the pact if it deems U.S. missile defense systems in Europe as a threat.
Clinton said that position is "no surprise."
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DTN News: China Cyber-Espionage Eyes Indian Defense

Defense News: DTN News: China Cyber-Espionage Eyes Indian Defense
Source: DTN News / Int'l Media
(NSI News Source Info) NEW DELHI, India - April 7, 2010: Sensitive security information linked to India's missile and armament systems may have been compromised by Chinese hackers believed to have broken into top secret files of the Indian Defense Ministry.The allegation stems from a report published by a group of U.S. and Canadian computer security researchers who monitored a spying operation, observing the trails of the hackers as they pilfered classified and restricted documents from India's Defense Ministry.
Among the systems believed to have been hacked is the Shakti, the newly introduced artillery combat and control system of the Indian army, and the Iron Dome, the country's mobile missile defense system, local media reported.
According to the report, researchers based at the Munk School of Global Affairs at the University of Toronto managed to provide a detailed account of the spying operation called Shadow Network, documenting not only what material had been hacked but accessing confidential documents, also, about India's relations in West Africa, Russia and the Middle East.
While the identity and designs of the intruders have yet to be determined, the researchers traced the spy operation to computer servers in Chengdu, western China.
The findings of the report have sparked concern within the ranks of the government in India, which said earlier this week that it was investigating the allegations.
"This is a serious issue and we are looking into it," Sitansu Kar, a spokesman for the ministry, was quoted as saying in Business Week report.
The allegations follow a move by Google Inc. to redirect users of its Chinese Web site to Hong Kong "to avoid the nation's censorship laws after the U.S. company said it had detected cyberattacks from mainland on human-rights activists," Business Week reported.
At the time, the case underscored mounting concerns over the growing trend of cyber espionage. Ahead of the report's publication, India stopped short of acknowledging that government networks had been attacked by China, saying that "no one attempt had been successful."
Chinese officials have since then rebuffed any allegation of involvement.
"The Chinese government considers hacking a cancer to the whole of society," said Ye Lao, a state official in Western China.
The Dalai Lama's office was also part of the research.
"From what we are seeing, the people attacking our computers have a very systematic approach to reading our private communications," said Tenzin Takhla, the exiled Tibetan leader's secretary.
"What the experts have told us is that they these are coming out of China, and that makes sense."

DTN News: Boeing NewGen Tanker Win Would Benefit Florida

Defense News: DTN News: Boeing NewGen Tanker Win Would Benefit Florida

Source: DTN News / Boeing
(NSI News Source Info) TALLAHASSEE, Fla., - April 6, 2010: The Boeing Company [NYSE: BA] today announced that the state of Florida will benefit from an estimated 1,900 total jobs with 14 suppliers and generate an estimated $95 million annual economic impact if the Boeing NewGen Tanker is selected as the U.S. Air Force's next tanker aircraft.The NewGen Tanker is a widebody, multi-mission aircraft based on the proven Boeing 767 commercial airplane and updated with the latest and most advanced technology. Capable of fulfilling the Air Force's needs for transport of fuel, cargo, passengers and patients, the combat-ready NewGen Tanker is being offered as a replacement for 179 KC-135 aircraft. Boeing is writing a proposal to meet or exceed the 372 mandatory requirements described in the service's final KC-X Request for Proposal released on Feb. 24. The Air Force is expected to award a contract later this year.
"During these challenging economic times, the citizens of Florida value any opportunity to work in high-tech jobs," said Mark Wilson, president of the Florida Chamber of Commerce. "Our state is proud to be part of Boeing's NewGen Tanker team and looks forward to the NewGen's selection as the next air refueling aircraft for America."
Florida manufacturers ready to produce critical components on the NewGen Tanker include:
*Vought Aircraft, Stuart -- doors, wing center sections, aft wheel well bulkheads, crown and side fittings
*Goodrich Lighting Systems, Oldsmar -- interior lighting products
*Pall Aeropower, New Port Richey -- filtration products
*Parker Fluid Systems, Naples -- propulsion, hydraulic and fuel components
Radiant Power Corp., Sarasota -- electrical components and batteries.
"With unemployment rates across the state topping 12 percent, awarding the U.S. Air Force Tanker contract to Boeing will ensure that hundreds of hardworking, skilled Floridians have well-paying, meaningful jobs," said Frank Ortis, mayor of Pembroke Pines, Fla., and president of the Florida State Council of Machinists and the Broward County AFL-CIO.
The NewGen Tanker will be made with a low-risk approach to manufacturing that relies on existing Boeing facilities in Washington state and Kansas as well as U.S. suppliers throughout the nation, with decades of experience delivering dependable military tanker and derivative aircraft. Nationwide, the NewGen Tanker program will support approximately 50,000 total U.S. jobs with Boeing and more than 800 suppliers in more than 40 states.
The Boeing NewGen Tanker will also be more cost-effective to own and operate than a larger, heavier tanker. It will save American taxpayers more than $10 billion in fuel costs over its 40-year service life because it burns 24 percent less fuel than the competitor's airplane.
Boeing has been designing, building, modifying and supporting tankers for decades. These include the KC-135 that will be replaced in the KC-X competition, and the KC-10 fleet. The company also has delivered four KC-767Js to the Japan Air Self-Defense Force and is on contract to deliver four KC-767s to the Italian Air Force. Three of the four Italian tankers are in flight test, with the fourth airplane in production.
More information on Boeing's NewGen Tanker, including video clips and an interactive tour of the aircraft, is available at www.UnitedStatesTanker.com.
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.

General Dynamics and Cyalume Technologies Collaborate on Advanced Illumination and Marking Payloads for Ammunition Applications

Defense News: ST. PETERSBURG, Fla., April 6 /PRNewswire/ -- General Dynamics Ordnance and Tactical Systems announced today that it has entered into a strategic agreement with Cyalume Technologies, Inc. to develop and market training, illumination and marking payloads that use Cyalume's chemiluminescent "green" technology for U.S. military ammunition applications.

The integration of chemiluminescent "green" technology into training ammunition will provide enhanced capabilities for the warfighter to conduct integrated day/night training on multiple platforms for weapons qualification and combat maneuver training at a significant cost savings to the U.S. Government in range cleanup and maintenance programs, eliminating unexploded ordinance (UXO) and reducing the environmental impact.

"The military has expressed an increased need for advanced training, marking and illumination payloads," saidMichael S. Wilson, president of General Dynamics Ordnance and Tactical Systems. "Over the past several years Cyalume Technologies has developed numerous advanced materials that when loaded into our ammunition will enhance training and provide a tactical advantage for our soldiers."

"The combination of General Dynamics' ammunition manufacturing expertise and the advanced payloads developed by Cyalume will result in a huge payoff for our warfighters," said Derek Dunaway, CEO of Cyalume Technologies. "Our payloads offer the benefits of a non-toxic, nonflammable, non-incendiary and non-dud producing ammunition that is environmentally friendly and will provide advanced marking and illumination effects, while reducing or eliminating collateral damage."

Cyalume Technologies, Inc. is a U.S. manufacturer and world leader in chemiluminescent (chemical light) technology with over 30 years of experience. Based in West Springfield, Mass., Cyalume has over 200 employees with overseas operations located in Aix-en-Provence, France. Cyalume produces numerous chemiluminescent products that are used in commercial and military applications. Cyalume products meet Consumer Safety Protection Commission and EPA compliance and have FEMA's seal of approval as a disaster recovery item. Cyalume currently has 22 active U.S. and international patents, and 25 patents pending in the chemical light space.

General Dynamics Ordnance and Tactical Systems, a business unit of General Dynamics (NYSE:GD - News), is a world leader in the manufacture of large-, medium- and small-caliber direct and indirect-fire munitions, shaped charge warheads and propellants. It also manufactures precision metal components, and provides load, assemble and pack services for tactical missile and rocket programs. More information on General Dynamics Ordnance and Tactical is available online at www.gd-ots.com.

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 www.generaldynamics.com.

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Hoku Secures TCS Supply Contract From Evonik Degussa

Defense News: POCATELLO, ID--(Marketwire - 04/06/10) - Hoku Materials, Inc., a wholly owned subsidiary of Hoku Corporation (NASDAQ:HOKU -News), established to manufacture and sell polysilicon for the solar market, today announced the signing of a supply agreement with Evonik Degussa Corporation for the purchase of trichlorosilane (TCS), a key process chemical used in the manufacturing of polysilicon. Hoku plans to use the TCS supplied by Evonik, together with TCS from other potential suppliers, to support the first phase of commercial production at its polysilicon facility in Pocatello, Idaho.

According to the terms of the agreement, Evonik will supply Hoku with a guaranteed quantity of TCS during the initial contract term of approximately one year. Hoku will have the option to request quantities of TCS in addition to the monthly guaranteed take or pay amount. Regular deliveries are expected to begin in July 2010, although Hoku has the option to request earlier shipments, as required. Hoku confirmed that it is using a limited quantity of TCS already supplied by Evonik for Hoku's reactor test demonstration this month, in addition to TCS supplied by another producer.

"Hoku is pleased to have established this relationship with Evonik," said Scott Paul, president and chief executive officer of Hoku Corporation. "Evonik is one of the world's leading suppliers of TCS. Our interim use of high-quality TCS from Evonik will enable us to ramp-up commercial production of polysilicon this summer before we complete the construction of our on-site TCS plant later this year."

About Hoku Corporation

Hoku Corporation (NASDAQ:HOKU - News) is a diversified clean energy technologies company with three business units: Hoku Materials, Hoku Solar and Hoku Fuel Cells. Hoku Materials plans to manufacture, market and sell polysilicon for the solar market from its plant currently under construction in Pocatello, Idaho. Hoku Solar markets and installs turnkey photovoltaic systems and related services in Hawaii. Hoku Fuel Cells has developed proprietary fuel cell membranes and membrane electrode assemblies for stationary and automotive proton exchange membrane fuel cells. For more information visit www.hokucorp.com.

Hoku, Hoku Solar, and the Hoku Corporation logo are trademarks of Hoku Corporation, and Hoku Materials is the trademark of Hoku Materials, Inc., all rights reserved. All other trademarks, trade names and service marks appearing in this press release are the property of their respective holders.

About Evonik

Evonik Industries is the creative industrial group from Germany. In our core business of specialty chemicals, we are a global leader. In addition, Evonik is an expert in power generation from hard coal and renewable energies, and one of the largest private residential real estate companies in Germany. Our company's performance is shaped by creativity, specialization, continuous self-renewal, and reliability.

Evonik is active in over 100 countries around the world. In its fiscal year 2009 about 39,000 employees generated sales of about EUR13.1 billion and an operating profit (EBITDA) of about EUR2.0 billion. For more information visit www.evonik.com.

Forward-Looking Statements

This press release contains forward-looking statements that involve many risks and uncertainties. These statements relate to Hoku Materials' ability to successfully ramp up production to make and ship commercial-quality polysilicon in the summer of 2010, if at all; the timing of when Hoku Materials will receive shipments of TCS from Evonik Degussa Corporation; the timing of when Hoku Materials will complete the construction of its on-site TCS facilities; Hoku Corporation's future financial performance; Hoku Corporation's business strategy and plans; and objectives of management for future operations. In some cases, you can identify forward-looking statements by terms such as "anticipate," "believe," "can," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "will," "would" and similar expressions intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause Hoku Corporation's actual results, performance, time frames or achievements to be materially different from any future results, performance, time frames or achievements expressed or implied by the forward-looking statements. Given these risks, uncertainties and other factors, you should not place undue reliance on these forward-looking statements. In evaluating these statements, you should specifically consider the risks described in Hoku Corporation's filings with the Securities and Exchange Commission, as applicable. Except as required by law, Hoku Corporation does not assume any obligation to update these forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

Contact:

 
Contacts for Hoku Corporation:
Hoku Corporation
Tel: 808-682-7800
Email: Email Contact 

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Magellan Aerospace (UK) Ltd is selected to manufacture details for A380 program for GKN Aerospace

Defense News: TORONTO, April 6 /CNW/ - Magellan Aerospace Corporation announced today that an agreement has been reached between GKN Aerospace - Filton and Magellan Aerospace (UK) Ltd, securing a major work package on the Airbus A380 program.

The package contains 203 parts which are mostly machined aluminium detail components. It is expected to generate revenues in excess of US$19 million over the next five years. Deliveries are due to commence in June 2010.

Phil Underwood, Vice President and General Manager of Magellan UK, said: "This is an exciting contract for the Company as it enhances our position as a global supplier of aerospace components. This is good news for everyone within Magellan UK."

Initial production will utilise existing capacity at Magellan's facilities in the UK at Bournemouth and Chalfont St Peter (Verdict), with further investment in high speed 5 axis machinery. These future investments demonstrate Magellan Aerospace Corporation's commitment to world class manufacturing facilities focused on core competencies.

GKN Aerospace is the aerospace operation of GKN plc (LSE:GKN - News), one of the world's largest engineering companies. With sales of GBP1.4bn, the business is focused around three major product areas - aerostructures, propulsion systems and transparencies, plus a number of specialist product areas. GKN Aerospace is a major supplier of complex composite structures; offers one of the most comprehensive capabilities in high performance metallics processing and is the world-leading supplier of cockpit transparencies and passenger cabin windows.

Magellan Aerospace (UK) Limited is a wholly owned subsidiary of Magellan Aerospace Corporation. Magellan Aerospace Corporation is one of the world's most integrated and comprehensive aerospace industry suppliers. Magellan designs, engineers, and manufactures aeroengine and aerostructure assemblies and components for aerospace markets, advanced products for military and space markets, and complementary specialty products. Magellan is a public company whose shares trade on the Toronto Stock Exchange (TSX: MAL -News), with operating units throughout Canada, the United States, the United Kingdom and India.

Forward Looking Statements:

This press release contains information and statements of a forward-looking nature and is based on assumptions and uncertainties as well as on management's reasonable evaluation of future events. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict, and/or are beyond the Corporation's control. A number of important factors could cause actual outcomes and results to differ materially from those expressed in these forward-looking statements.

For further information

W.A. (Bill) Matthews, Vice President Marketing, Magellan Aerospace Corporation, T: (905) 677-1889 Ext 222, E: bill.matthews@magellan.aero

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Boeing Completes First 787 Dreamliner Maintenance Training Class

Defense News: EVERETT, Wash., April 6 /PRNewswire-FirstCall/ -- Boeing(NYSE:BA - News) today announced that it has completed the first maintenance training class for the 787 Dreamliner. The class consisted of 10 mechanics from 787 launch customer ANA (All Nippon Airways) and two regulators from the Japan Civil Aviation Bureau (JCAB).

The mechanics, who completed the training last week, are the first of 150 ANA mechanics to be trained by Boeing over the next seven months. They spent more than 30 days learning how to maintain the world's most advanced commercial jetliner, including 20 days of theoretical training, two days of engine runs and taxi testing, five days of practical training and five days of troubleshooting exercises. To conclude the training, students conducted component identification exams on production airplanes, as well as troubleshooting exams in the full flight simulator.

To support the all-new 787, Boeing Training & Flight Services, a division of Commercial Aviation Services,Boeing Commercial Airplanes, has developed an all-digital, Internet-based teaching system for maintenance training, along with training tools that connect real-time to a virtual airplane and airplane systems.

"Getting our mechanics trained and prepared is essential to being ready to take delivery of the airplane later this year," said Michihide Kono, vice president of Engineering and Maintenance for ANA. "This is an important milestone for our ANA team and we are delighted to see the continued progress on the program."

The curriculum is designed to focus on performance-based training that incorporates real-world simulated maintenance scenarios for a more immersive training experience.

"The use of personal tablet computers, interactive computer-based training, three-dimensional images and desktop simulation makes it possible to deliver training more efficiently," said Sherry Carbary, vice president of Boeing Training & Flight Services, Commercial Aviation Services, Boeing Commercial Airplanes. "Our team is committed to providing our customers with the resources and tools they need to be successful."

The 787 comes with digital tools and databases that replace volumes of printed materials. The graphic and textual database has point-and-click features for more details, allowing mechanics to navigate through documents quickly to get the information they need to do their jobs.

"This milestone is another important step along the way to being service-ready," said Mike Fleming, director of 787 Services and Support, Boeing Commercial Airplanes. "Our goal is to make entry into service a seamless experience for our customers."

Fifty-seven customers around the world have ordered 866 787s since the program was launched in April 2004, making the Dreamliner the fastest-selling new commercial jetliner in history. Delivery of the first 787 is planned for the fourth quarter of 2010.

Contact:

Scott Lefeber

787 Communications

+1 425-266-5824

scott.s.lefeber@boeing.com

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Parker Fiscal Year 2010 Third Quarter Earnings Report and Webcast Set for April 20

Defense News: CLEVELAND, April 6 /PRNewswire-FirstCall/ -- Parker Hannifin Corporation (NYSE:PH - News), the global leader in motion and control technologies, today announced that it will release its fiscal year 2010 third quarter earnings before the market opens onTuesday, April 20, 2010, followed by a conference call at 9:00 a.m., Eastern time. During the call, the company will discuss fiscal year 2010 third quarter financial performance and respond to questions from institutional investors and security analysts. The conference call will be simultaneously webcast on Parker's investor information website at www.phstock.com with an accompanying slide presentation. The call also will be archived on the site and available for replay later that day.

(Logo: http://www.newscom.com/cgi-bin/prnh/19990816/PHLOGO )

With annual sales exceeding $10 billion in fiscal 2009, Parker Hannifin is the world's leading diversified manufacturer of motion and control technologies and systems, providing precision-engineered solutions for a wide variety of mobile, industrial and aerospace markets. The company employs approximately 52,000 people in 48 countries around the world. Parker has increased its annual dividends paid to shareholders for 53 consecutive years, among the top five longest-running dividend-increase records in the S&P 500 index. For more information, visit the company's web site at http://www.parker.com, or its investor information site athttp://www.phstock.com.

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