ATK's First Stage Successfully Launches NASA's Ares I-X Flight Test

Culminating Four Years of Progress, Historic Test Demonstrates Long-Term Strategic Architecture, Unmatched Crew Safety
Flight Test Critical First Step to Launching NASA's Future in Human Spaceflight

ATK ~ October 28, 2009
MINNEAPOLIS, Oct. 28 /PRNewswire-FirstCall/ -- Alliant Techsystems' (NYSE: ATK - News) first stage ignited today at 11:30 a.m., launching the Ares I-X flight test for NASA and igniting the next generation in American spaceflight. The Ares I is designed to be the safest rocket ever developed to deliver humans to space.

"The successful launch of the Ares I-X continues to demonstrate decades of flawless performance and the progress ATK and NASA have made to develop the most reliable and affordable family of solid rocket motors ever produced," said Blake Larson, ATK Space Systems president. "This flight provides critical data that can be tested only in a flight environment and will be a key building block for maturing the design of Ares I and developing Ares V."

The 177-foot-tall, 12-foot diameter first stage produced 3.3 million pounds of thrust to propel the vehicle from liftoff to stage separation 124 seconds into the flight. At 130,000 feet, the first stage parachutes deployed, enabling the spent booster to slow its descent prior to splashing down into the ocean where it will be recovered for reuse.

"This flight test is the culmination of four years of progress and is the critical first step to launching America beyond low earth orbit, signifying the beginning of a new era for the American space program," said Mike Kahn, ATK Space Systems executive vice president. "The Ares I architecture provides unmatched crew safety and performance for payload capacity, all while utilizing existing infrastructure."

The primary test objectives for the Ares I-X flight included demonstrating vehicle proof of concept, and vital flight performance early in design of the Ares I program. It also demonstrated effective vehicle integration, ground processing and launch operations.

The flight test of the Ares I-X brings America one step closer to the goals of sending humans beyond low Earth orbit for sustained exploration of multiple destinations throughout the Solar System. The launch is a critical milestone in the development of NASA's Constellation Program, which will also support missions to the International Space Station.

The Ares I-X First Stage is comprised of a four-segment Reusable Solid Rocket Motor (RSRM) originally produced for the Space Shuttle Program, and newly designed hardware including the frustum, forward skirt extension, forward skirt and a simulator representing the fifth segment that will fly on the Ares I vehicle. The solid rocket motor cases used for Ares I-X have collectively flown on 30 previous shuttle missions and will continue to be reused for the Ares program. The solid rocket motors were produced at ATK's facility in Promontory, Utah, and the new hardware was manufactured by Major Tool and Machine Inc. in Indianapolis, Ind., under a contract to ATK.

ATK and NASA have continually improved their techniques and processes to increase the safety and mission reliability of the RSRMs. These motors have undergone countless subscale material characterization tests that tie together complex analyses with hard data. They have also undergone 27 full-scale ground tests, including a successful test of the Ares I first stage five-segment development motor conducted last month.

ATK is the prime contractor for the first stage five-segment solid rocket motor and provides the main abort motor and attitude control motor for Orion's Launch Abort system.

ATK is a premier aerospace and defense company with more than 18,000 employees in 22 states, Puerto Rico and internationally, and revenues of approximately $4.8 billion. News and information can be found on the Internet at http://www.atk.com/.

Certain information discussed in this press release constitutes forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Although ATK believes that the expectations reflected in such forward-looking statements are based on 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. Among those factors are: the strategic, technical, budgetary, and scheduling goals of NASA's Constellation program; assumptions related to the design, safety and performance of the Ares program; changes in governmental spending, budgetary policies and product sourcing strategies; the company's competitive environment; the terms and timing of awards and contracts; and economic conditions. ATK undertakes no obligation to update any forward-looking statements. For further information on factors that could impact ATK, and statements contained herein, please refer to ATK's most recent Annual Report on Form 10-K and any subsequent quarterly reports on Form 10-Q and current reports on Form 8-K filed with the U.S. Securities and Exchange Commission.


Investor Contact:

Jeff Huebschen
Phone: 952-351-2929
E-mail: jeff.huebschen@atk.com

UPDATE 2-Boeing picks S.Carolina for 2nd 787 assembly line

* Second site will allow Boeing to expand production
* Facility will have capability to support 787 tests
* Move is a blow to Seattle-area economy (Adds S.C. incentives, background, previous WASHINGTON)

SEATTLE, Oct 28 (Reuters) - Boeing Co (BA.N) selected South Carolina as the site of its second 787 final assembly plant on Wednesday as it plans to increase production of its newest plane away from its traditional Seattle-area base.The first Boeing 787 Dreamliner sits on the assembly line at the company's Everett plant in Washington in this May 19, 2008 file photo. Pressure is mounting on Boeing , and its credibility may hang in the balance, as the aerospace giant races to meet a self-imposed deadline to fly its revolutionary new 787 Dreamliner by the end of 2009.
The move, which has been expected for some time, is a blow for the Puget Sound economy and a rebuff for the machinists' union in the region, which has struck against Boeing four times in the past 20 years.

Boeing is still struggling to get the first 787 into the air, almost a year and a half after the first one was supposed to be delivered, due to a series of production setbacks and a strike last year.

The company now expects the first test flight of the plane, dubbed the "Dreamliner," by the end of this year, and first delivery in the fourth quarter of 2010.

In addition to serving as a final assembly site, the facility in North Charleston, S.C. will be able to handle testing and delivery of the Dreamliner, Boeing said.

Boeing already owns a plant in Charleston that makes parts of the 787 fuselage, which it took over from its supplier Vought earlier this year.

Close by, a joint venture with Alenia, a unit of Italian aerospace firm Finmeccanica (SIFI.MI), puts together 787 fuselage sections and sends them to the main 787 assembly site at Everett, Washington to be assembled into planes.

South Carolina's The State newspaper reported that lawmakers approved at least $170 million in incentives to win the Boeing plant.

A Boeing spokeswoman declined comment on incentives or guaranteed levels of investment. She said only that Boeing planned to create "thousands" of new jobs in South Carolina.

Meanwhile, Boeing said the Puget Sound area would remain the headquarters of its commercial planes where they will continue to be designed and produced.

The major employer in the region since William E. Boeing set up his first airplane factory in Seattle in 1910, Boeing has had a rough time with the local workforce.

The International Association of Machinists and Aerospace Workers (IAM), which represents more than 20,000 Boeing workers, has called four major strikes in the last two decades, costing Boeing about 200 days of lost production.

The plant in South Carolina is not likely to be so disruptive. In September, machinists at Boeing's facility in Charleston voted against representation by the IAM. (Reporting by John Crawley and Bill Rigby; editing by Andre Grenon, Leslie Gevirtz)

Lockheed Martin's Aegis Ballistic Missile Defense System Defeats Ballistic Missile Target in Japanese Test

Lockheed Martin ~ October 28, 2009
KAUAI, Hawaii, Oct. 28 /PRNewswire/ -- JS Myoko, Japan's third destroyer equipped with Lockheed Martin's (NYSE: LMT - News) Aegis Ballistic Missile Defense (BMD) system, successfully intercepted and destroyed a ballistic missile target above the atmosphere during a test event today. The test marked the 20th successful ballistic missile intercept by the system. JS Myoko guided a Standard Missile (SM)-3 Block IA missile to intercept the separating medium range ballistic missile target outside the Earth's atmosphere.

Two U.S. Navy Aegis BMD ships, USS Lake Erie and USS Paul Hamilton, also participated in today's test. USS Paul Hamilton tracked the target and performed a simulated engagement. USS Lake Erie, equipped with the next generation Aegis BMD Weapon System -- designated BMD 4.0.1, which provides additional target discrimination capability -- tracked the missile target and post-intercept debris using its advanced signal processor. Full operational certification of BMD 4.0.1 is expected in 2011.

"This is the first Aegis BMD flight test conducted with two versions of the U.S. Navy Aegis BMD baselines and a Japanese destroyer," said Orlando Carvalho, vice president and general manager of Lockheed Martin's Surface-Sea Based Missile Defense line of business. "These events demonstrate the Aegis development success of build a little, test a little, learn a lot as well as the flexibility of the systems to evolve and keep pace with the threat to control the battlespace."

The Missile Defense Agency and the U.S. Navy are jointly developing Aegis BMD as part of the United States' Ballistic Missile Defense System (BMDS). The Navy's independent operational test agent has assessed the Aegis BMD and SM-3 Block IA system to be operationally effective and operationally suitable. Currently, a total of 22 Aegis BMD-equipped warships -- 19 in the U.S. Navy and three in the Japanese Maritime Self-Defense Force -- have the certified capability to engage ballistic missiles and perform long-range surveillance and tracking missions. Two additional U.S. East Coast-based Aegis-equipped ships are being modified to perform ballistic missile defense in the next six months.

The Aegis Weapon System is the world's premier naval defense system and the sea-based element of the U.S. Ballistic Missile Defense System. Its precision SPY-1 radar and integrated command and control system seamlessly guides the interceptor and uplinks target track information to the missile for terminal homing. Its ability to detect, track and engage targets ranging from sea-skimming cruise missiles to ballistic missiles in space is proven and unmatched. The Aegis BMD Weapon System also integrates with the BMDS, receiving track data from and providing track information to other BMDS elements.

The 92 Aegis-equipped ships currently in service around the globe have more than 950 years of at-sea operational experience and have launched more than 3,500 missiles in tests and real-world operations. In addition to the U.S. and Japan, Aegis is the maritime weapon system of choice for Australia, Norway, South Korea and Spain.

Lockheed Martin is a world leader in systems integration and the development of air and missile defense systems and technologies, including the first operational hit-to-kill missile defense system, Patriot Advanced Capability-3 (PAC-3). It also has considerable experience in interceptor systems; kill vehicles; battle management command, control and communications; precision pointing; and tracking optics, as well as radar and other sensors that enable signal processing and data fusion. The company makes significant contributions to nearly all major U.S. Missile Defense Systems and participates in several global missile defense partnerships.

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 2008 sales of $42.7 billion.

For additional information on Lockheed Martin Corporation, visit: http://www.lockheedmartin.com

Satcon Selected for 5 Megawatt CalRENEW-1 Solar Farm

California’s First Utility Scale Solar PV Plant Under Renewable Portfolio Standard Program Will Feature Satcon PrismTM

Satcon Technology Corporation ~ October 28, 2009
FREMONT, Calif.--(BUSINESS WIRE)--Satcon Technology Corporation (NASDAQ CM: SATC), a leading provider of utility scale power solutions for the renewable energy market, today announced that it has been selected for the CalRENEW-1 installation, the first utility-scale photovoltaic solar farm to be approved by the California Public Utilities Commission under the state’s Renewable Portfolio Standard program.

The 5 megawatt AC facility, located in Mendota, CA, will utilize five, one megawatt Prism solutions, Satcon’s fully integrated utility platform that comes complete with factory integrated medium voltage transformers, switchgear, and electronics. Introduced in June of 2009, Prism is the industry’s most advanced 1 megawatt solar PV power conversion solution, and is built on the market leading PowerGate 500 kW inverter line, which has been installed on over 170 megawatts of large scale solar power plants since 2005. Each 1 MW Prism solution is delivered complete in an all-climate outdoor enclosure and ready to connect to the PV array and utility grid, enabling rapid installation through a modular prepackaged design.

CalRENEW-1 will be one of the most advanced photovoltaic solar facilities in the world. The 5 MW plant will generate zero emission electricity for sale to Pacific Gas & Electric under a long term power purchase agreement.

“We are excited to be a part of the CalRENEW-1 project, which clearly demonstrates the increased role of large scale solar power production as an integral part of tomorrow’s energy network," said Steve Rhoades, President and Chief Executive Officer of Satcon Technology. “Our continued focus on developing the highest performing, most reliable, and most advanced utility ready solar PV inverter systems allow us to deliver the solutions that enable utilities to effectively integrate solar power as a secure and cost effective renewable energy source.”

About Satcon
Satcon Technology Corporation is the leading provider of utility scale distributed power solutions for the renewable energy market, enabling the industry’s most advanced reliable and proven clean energy alternatives. For over 24 years, Satcon has designed and delivered the next generation of efficient energy systems for solar photovoltaic, stationary fuel cells, and energy storage systems. To learn more about Satcon, please visit http://www.satcon.com/.

Contact:
Satcon Technology Corporation
Senior Director of Worldwide Marketing
Michael Levi,
949-201-5955
michael.levi@satcon.com
or
Investor Relations Manager
Leah Gibson,
617-897-2400
leah.gibson@satcon.com

United Technologies Corp. Advisory to Securities Analysts, Investors and News Media

October 28, 2009 ~ United Technologies Corp.
HARTFORD, Conn., Oct. 28 /PRNewswire-FirstCall/ -- A webcast of United Technologies Corp. (NYSE: UTX - News) President and CEO Louis Chenevert speaking at the Goldman Sachs Global Industrials Conference is scheduled for 11:15 a.m. ET on Wednesday, Nov. 4. The presentation will be broadcast live on the Internet at http://www.utc.com/ and will be archived on the Web site afterward.

United Technologies Corp., based in Hartford, Conn., is a diversified company that provides high technology products and services to the building and aerospace industries.

UTC-IR


Contact: John Moran, UTC
(860) 728-7062

Investor Relations, UTC
(860) 728-7608

Rolls-Royce Success on U.S. Navy MissionCare Contract Leads to Expanded $90 Million Award

Rolls-Royce Corporation ~ October 28, 2009
INDIANAPOLIS--(BUSINESS WIRE)--Rolls-Royce, the global power systems company, has been awarded a $90 million MissionCare™ contract by the U.S. Department of Defense (DoD) at NATC Patuxent River to provide support for the F405-RR-401 (Adour) engines that power the U.S. Navy’s T-45 training aircraft.

This contract exercises the first of four option years to the base contract signed last year. MissionCare is utilized within the Rolls-Royce Defense sector to apply commercial Power By The Hour® principles to the unique requirements of the defense business.

Under the terms of the agreement, which is administered by the Naval Air Systems Command (NAVAIR) at NATC Patuxent River, Md., Rolls-Royce will provide all maintenance, support, trouble-shooting, parts supply and logistics for both the F405 engine and the aircraft gas turbine starting system. This contract provides comprehensive propulsion services to more than 200 aircraft, operating at three main Naval Air Stations - Kingsville, Texas; Meridian, Miss. and Pensacola, Fla.

David Waggoner, President of Rolls-Royce Defense Services Inc., said, “This contract demonstrates the customer’s satisfaction with our performance. We are very proud of our partnership with the U.S. Navy and look forward to the opportunity to continue providing engine readiness and availability which allows the U.S. Navy to accomplish their critical training mission.”

Rolls-Royce manufactures the F405-RR-401 (Adour) engine in partnership with Turbomeca. Rolls-Royce has been involved with T-45 program support since inception through a variety of contracts awarded by both the U.S. Navy and Boeing.

Aftermarket services, of which MissionCare is an important part, account for more than 50 percent of the Group's underlying revenues.

NOTES TO EDITORS

1. Rolls-Royce, a leading provider of power systems and services for use on land, at sea and in the air, has established a strong position in global markets - civil aerospace, defense aerospace, marine and energy.

2. The company has a broad customer base including more than 600 airlines, 4,000 corporate and utility aircraft and helicopter operators, 160 armed forces, more than 2,000 marine customers, including 70 navies, and energy customers in nearly 120 countries. With facilities in 50 countries, Rolls-Royce employs more than 39,000 people worldwide and has businesses headquartered in the UK, US, Canada, Germany, Scandinavia and China. This global presence allows the Group to access long-term international growth opportunities with its technology, presence, partnerships and people.

3. The T-45 is used for intermediate and advanced portions of the Navy-Marine Corps pilot training program for jet carrier aviation and tactical strike missions. Currently the T-45 is scheduled to remain in service with the Navy until 2035. As the primary jet trainer for the Chief of Naval Air Training (CNATRA), the T-45 is used to produce approximately 325 strike aviators per year for the F/A-18, EA-6B, E-2C, and S-3B pipelines.

4. The F405 is the U.S. designation of the Adour engine, which powers the trainer fleet. More than 2,900 Adours have been delivered to date, clocking up more than 7.7 million flying hours.

5. The F405 contract is truly “power by the hour’ – a single contract line item number is used to pay a fixed price per aircraft hours flown at each operating base. Contract performance is measured almost exclusively against the fleet-driven performance metric of engine and starter system availability.

6. In 2008, Rolls-Royce and its partners invested $1.4 billion in research and development, two thirds of which had the objective of further improving the environmental aspects of its products, in particular the reduction of emissions.

Contact:
Rolls-Royce Corporation
Karin Ricketts
Manager, Corporate Communications
+1 317-230-8774
karin.ricketts@rolls-royce.com
www.Rolls-Royce.com

IDGA ~ October 28, 2009
NEW YORK--(BUSINESS WIRE)--November 16th marks the beginning of the four-day 8th Annual Light Armored Vehicles & Stryker Summit being held in Vienna, VA at the Sheraton Premiere at Tysons Corner. Leading military and industry experts are set to convene and discuss a series of key issues pertaining to Light Armored Vehicles (LAVs).

“As operations shift from Iraq to Afghanistan, it is important to keep abreast of all the latest developments in this area. That is why this year’s Summit is crucial and of significant importance to our audience,” Kristine Ortiz-Cortes, Program Director at IDGA explained. “This year's event aims to hone in on the requirements for developing and deploying vehicle systems to enhance lethality and survivability in any environment”.

Some of the key topics to be discussed include requirements and modifications for the family of LAV and Stryker (FoLAV); New lightweight and transparent armor systems; Supply chain management processes and practices; and vehicle technology and communications systems.

Some of the speakers scheduled to present include:

•Colonel Brian Buckles, USMC - Program Manager, Marine Corps LAV
•LTC Todd Lamb, USA - Product Manager, Stryker BCT Development, PEO Ground Combat Systems
•LtCol Scott Leonard, USMC - Commanding Officer, 1st Light Armored Reconnaissance Batallion
•Major Pierre Larivee - Project Director, LAV III, Canadian Defence
•Glenda Paige - LOGCOM Liaison Officer to PEO-LS, MARCORSYSCOM

IDGA's Light Armored Vehicles & Stryker Summit has become the "must attend" event for the international LAV community. Military, industry, and others attend each year to discuss areas such as armor, communications, firepower, drive trains, battery power, and other important components to the family of LAVs. The summit also provides a forum for military and industry to network and forge new partnerships and solutions.

For more information on attending or sponsoring the 8th Annual Light Armored Vehicles & Stryker Summit, please visit http://www.lightarmoredvehiclessummit.com/ or contact Kristine Ortiz-Cortes at kristine.ortiz@idga.org.

The Institute for Defense & Government Advancement (IDGA) is a non-partisan information-based organization dedicated to the promotion of innovative ideas in public service and defense through live conferences and events. We bring together speaker panels and events comprised of military and government professionals while attracting delegates with decision-making power from military, government, and defense industries.

In addition to our live events, IDGA also offers an online community dedicated to providing defense industry professionals with breaking news, business opportunities, introductions, podcasts, webinars, and presentations from key industry leaders. Members of our online community are able to extend their live event experience and interact with the defense industry by leveraging the opportunity to network, share ideas, best practices, and business solutions.

For more information, please visit http://www.idga.org/.

Defense Sector Leads Third-Quarter Performance for General Dynamics

- Overall revenues grow 8.1 percent
- Demand continues for vehicles, ammunition, IT and engineering services
- Full-year EPS guidance increased

General Dynamics ~ October 28, 2009
FALLS CHURCH, Va., Oct. 28 /PRNewswire-FirstCall/ -- General Dynamics (NYSE: GD - News) today reported 2009 third-quarter earnings from continuing operations of $575 million, or $1.48 per share on a fully diluted basis, compared to 2008 third-quarter earnings from continuing operations of $634 million, or $1.59 per share fully diluted. Revenues rose to $7.7 billion in the quarter, an 8.1 percent increase over third-quarter 2008 revenues of $7.1 billion. Net earnings in the third quarter of 2009 were $572 million. Financial performance in the quarter was impacted by a previously announced five-week production furlough in July and August at the company's Gulfstream Aerospace subsidiary, taken in response to global economic conditions.

Cash
Net cash provided by operating activities from continuing operations was $594 million for the third quarter. Free cash flow from operations, defined as net cash provided by operating activities from continuing operations less capital expenditures, was $513 million, or 89 percent of earnings from continuing operations.

Backlog
Total backlog at the end of the third quarter 2009 was $66.2 billion. Backlog grew in the Combat Systems and Information Systems and Technology segments in the quarter, reflecting continued strong demand for the company's vehicle and ammunition products and information-technology services. New orders received included $950 million for production, support and reset of Stryker infantry combat vehicles for the U.S. Army, as well as ammunition orders for U.S. and allied customers. Demand for information-technology (IT) services and engineering support for military platforms produced a book-to-bill ratio of greater than 1 in the Information Systems and Technology segment. In addition to the backlog, the estimated potential contract value, representing management's estimate of value under unfunded indefinite delivery, indefinite quantity (IDIQ) contracts and unexercised options, grew to $18.2 billion at the end of third-quarter 2009.

Performance Highlights
Revenues and operating earnings grew in all three of the company's defense-related segments in the third quarter of 2009. Combat Systems increased revenues by 26.9 percent in the quarter and operating earnings by 20.6 percent. In Information Systems and Technology, revenues grew 8.8 percent and operating earnings increased 9.6 percent while Marine Systems increased revenue by 8.1 percent and operating earnings by 10.7 percent in third quarter 2009.

"The enduring strength of General Dynamics' diverse portfolio is apparent in the company's third-quarter 2009 financial results," said company President and Chief Executive Officer Jay L. Johnson. "The company performed well despite the impact of reduced aircraft production at Gulfstream Aerospace. Continuing customer demand for our defense-related products coupled with our commitment to financial performance and effective execution produced strong margins and cash generation in the quarter.

"Based on the strength of the third-quarter results, we are increasing our guidance for full-year 2009 earnings from continuing operations to $6.15 to $6.20 per share, fully diluted," Johnson said.

General Dynamics, headquartered in Falls Church, Va., employs approximately 92,300 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.

Certain statements made in this press release, including any statements as to future results of operations and financial projections, may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements are based on management's expectations, estimates, understandings, projections and assumptions. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results and trends may differ materially from what is forecast in forward-looking statements due to a variety of factors. Additional information regarding these factors is contained in the company's filings with the Securities and Exchange Commission, including, without limitation, its Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q.

All forward-looking statements speak only as of the date they were made. The company does not undertake any obligation to update or publicly release any revisions to any forward-looking statements to reflect events, circumstances or changes in expectations after the date of this press release.

WEBCAST INFORMATION: General Dynamics will webcast its third-quarter 2009 securities analyst conference call, scheduled for 11:30 a.m. Eastern Time on Wednesday, October 28, 2009. The webcast will be a listen-only audio event, available at www.generaldynamics.com. An on-demand replay of the webcast will be available by 1:30 p.m. October 28 and will continue for 12 months. To hear a recording of the conference call by telephone, please call 888-286-8010 (international: 617-801-6888); passcode 26735283. The phone replay will be available from 1:30 p.m. October 28 until midnight November 4, 2009.

Spirit AeroSystems Formally Opens Malaysian Aerospace Manufacturing and Design Facility

Spirit AeroSystems ~ October 28, 2009
SUBANG, Kuala Lumpur, Oct. 28 /PRNewswire-FirstCall/ -- Spirit AeroSystems Inc., (NYSE: SPR - News) the world's largest independent supplier of commercial airplane assemblies and components, today formally opened its 242,000-square-foot aerospace manufacturing and design facility.
The facility, which will initially produce composite sub-assemblies for Airbus single aisle aircraft, also includes an in-house design engineering team working on developing assemblies for the latest, state-of-the-art Airbus aircraft, the A350 XWB.
"There are a number of reasons Spirit chose Malaysia as the location for a new facility," said Jeff Turner, President and CEO of Spirit AeroSystems, Inc. "I like to think that, although Spirit is an aerospace company, it's also a people company and it is the people in Malaysia that have convinced me that this is a great place for Spirit to grow globally."
Prime Minister of Malaysia, YAB Dato' Sri Mohd, Najib Tun Abdul Razak will officiate the Opening Ceremony that marks Malaysia's commitment to make investments in the aerospace industry through Smart Partnerships. The project has received significant support from key institutional bodies of Malaysia like the Malaysian Industrial Development Authority (MIDA), Malaysian Industry-Government Group for High Technology (MIGHT) and Malaysia Airports Holdings Berhad (MAHB). All have been instrumental in furthering Malaysia's collaborative efforts with Spirit.
Spirit AeroSystems Malaysia Sdn Bhd will occupy a central role in the development of the Malaysian aerospace industry as a whole, and is strategically located at the centre of the Malaysia International Aerospace Centre (MIAC) and adjacent to the runway for Sultan Abdul Aziz Shah Airport in Subang.
"We have a long history of dealing with Malaysian suppliers and partners like CTRM and SMEA," added Francis Hiew, the Managing Director of Spirit AeroSystems Malaysia. "The growth of Spirit and the opening of Spirit Malaysia mean that these companies can continue to grow and share in our future success."
When fully operational, the Spirit facility is expected to employ in excess of 450 employees in a variety of assembly, manufacturing, engineering, commercial and support roles. Due to its location, the facility has significant opportunities to expand its products, capacity and services.
On the web: http://www.spiritaero.com/
About Spirit AeroSystems, Inc.
Based in Wichita, Kan., Spirit AeroSystems is the world's largest independent supplier of commercial airplane assemblies and components. In addition to its Kansas facility, Spirit has locations in Tulsa and McAlester, Okla.; Prestwick, Scotland; Samlesbury, England; Kuala Lumpur, Malaysia; and is developing new manufacturing facilities in Kinston, N.C. and Saint-Nazaire, France. In the U.S., Spirit's core products include fuselages, pylons, nacelles and wing components. Additionally, Spirit provides aftermarket customer support services, including spare parts, maintenance/repair/overhaul, and fleet support services in North America, Europe and Asia. Spirit Europe produces wing components for a host of customers, including Airbus.
This press release contains forward-looking statements concerning future business opportunities. Actual results may vary materially from those projected as a result of certain risks and uncertainties, including but not limited to future levels of business in the aerospace and commercial transport industries or in the number of aircraft to be built; the success and timely progression of our customers' new programs; challenges in the design, development, production and support of advanced technologies; as well as other risks and uncertainties, including but not limited to those detailed in Spirit AeroSystems Holdings, Inc. Securities and Exchange Commission filings.

Northrop Grumman Hits Target With G/ATOR AESA Test

Military Sensors Coming of Age as Talks Take Place in London on Radar and Imagery Technology Solutions
Defence IQ ~ October 28, 2009
BALTIMORE, Maryland, October 28 /PRNewswire/ -- Tests this month for a prototype partial array antenna that is to be developed as the U.S. Marine Corps' new Ground/Air Task Oriented Radar (G/ATOR) active electronic scanned array (AESA) are reported to have proven successful.
All objectives were met without incident at the Connecticut test range, declared Northrop Grumman, the third largest U.S. defence contractor. The results should lead to the next stage in the process of constructing the vastly flexible G/ATOR system as it is integrated with additional subsystems at its Electronic Systems Baltimore headquarters, while a second prototype is readied for testing by the end of the year.
The first of its kind to be developed by the Department of Defense, the technology is described as "highly mobile" and is expected to replace or reinforce five out of six of the Marine Corps' ground radar, cutting both maintenance costs and operational time. The associated AESA consists of a network of modules capable of transmitting and receiving signals and feeding the information into the G/ATOR, enabling it to assess and engage various targets in a wide range of positions and trajectories.
Pat Newby, vice President of Weapons and Sensors for Northrop Grumman's Land Forces Division was optimistic of the device's potential. "G/ATOR's true multi-mission capabilities will change the way the Marines fight and win. The successful results from the radar array tests provide a high degree of confidence that the array design will meet or exceed all system performance requirements."
The company's AN/APG-81 system is currently the key component in the Joint Strike Fighter's F-35 sensor suite. This system's capabilities and performance are to be on the agenda of discussion at the 2009 Military Sensors conference, to be held between November 18 and 19 at the New Connaught Rooms in London. Expert speakers are confirmed for the event which will also include talks on joint surveillance, airborne stand-off radar, UAVs and the F/A-18 Hornet, among others.
For full details of the conference, visit:
http://www.militarysensorsconf.com
For further information on both events, email:
enquire@defenceiq.com
Tel: +44(0)20-7368-9300 or
0800-652-2363
Fax: +44(0)20-7368-9301

Breeze-Eastern Corporation Teleconference Announcement

Breeze-Eastern Corporation ~ October 27, 2009
UNION, N.J.--(BUSINESS WIRE)--Breeze-Eastern Corporation (NYSE Amex: BZC) will announce its second quarter financial results for the period ended September 27, 2009 on October 28, 2009. In conjunction with the release, the Company will conduct its teleconference call at 11:00 a.m. EDT on Wednesday, October 28, 2009 to discuss the company’s financial results for its Second Quarter of Fiscal 2010 hosted by Robert L.G. White, President & Chief Executive Officer, D. Michael Harlan, Executive Vice President & Chief Operating Officer, Joseph F. Spanier, Executive Vice President, Chief Financial Officer & Treasurer, and Gerald C. Harvey, Executive Vice President, General Counsel & Secretary.
You can participate in the conference call by dialing the following numbers:
In the U.S. (866) 543-6403
Outside the U.S. (617) 213-8896
Participant Passcode # 53807751
Advise the operator that you wish to join the Breeze-Eastern Corporation conference call hosted by Mr. Robert White. Please call at approximately 10:55 a.m. EDT.
This conference call will also be webcast live on our website at http://www.breeze-eastern.com/ and will be available for replay in our website’s audio archives for the following ten (10) business days.
Breeze-Eastern Corporation http://www.breeze-eastern.com/ is the world’s leading designer and manufacturer of sophisticated lifting devices for military and civilian aircraft, including rescue hoists, cargo hooks and weapons-lifting systems. The Company, which employs approximately 180 people at its facility in Union, New Jersey, reported sales of $75.4 million in the fiscal year ended March 31, 2009.
If you have any questions about these arrangements or have trouble joining the conference call, please call Robin Onufer at Breeze-Eastern Corporation, (908) 624-4206.
Contact:
Breeze-Eastern Corporation
Robert L.G. White,
908-206-3700
President and CEO

Successful First Flight for Lockheed Martin's New HELLFIRE II Missile Design

Lockheed Martin ~ October 26, 2009
ORLANDO, Fla., Oct. 26 /PRNewswire/ -- Lockheed Martin's (NYSE: LMT - News) new multi-functional AGM-114R HELLFIRE II missile scored a direct hit during its first proof-of-principle (POP) flight test recently at Eglin Air Force Base, FL. The HELLFIRE II design, now entering the qualification phase, features a new multi-purpose warhead that enables a single missile to cover all of the target sets of the current laser-guided HELLFIRE II variants. The POP 1 flight test featured a lock-on-before-launch engagement of a stationary target board at 3.2 miles (5.1 km). The team used a ground-based laser designator to illuminate the target. The inert missile, which was ground-launched, was equipped with an enhanced telemetry package. In addition to proving out the new components and software, the flight also verified backward compatibility with HELLFIRE II platforms that cannot provide targeting information to the missile.
"The multi-functional HELLFIRE II missile is one missile for many missions," said Ken Musculus, director of Air-to-Ground Missile Systems Programs at Lockheed Martin Missiles and Fire Control. "Its multi-functional warhead enables the AGM-114R to neutralize a broad set of targets previously covered by four different warhead models - everything from armor and air defense systems to patrol boats and enemy combatants in SUVs or caves. Warfighters won't have to decide ahead of time what they might encounter and load the appropriate combination of missiles; with the multi-functional HELLFIRE II, they can meet many contingencies with a single missile."
Prior to the first POP flight test, Lockheed Martin completed a battery of warhead tests, including 10 precursor warhead tests, four main warhead tests and five tests of tandem warheads within the HELLFIRE guidance section. The next two POP flight tests, scheduled for early next year, will feature live warheads.
"This new HELLFIRE II can be fired from both rotary-wing and unmanned platforms," Musculus said. "A new inertial measurement unit enables properly equipped platforms to launch missiles at targets behind them without first having to turn the aircraft around. Getting the missile on target that much quicker gives the enemy less time to react or escape."
Musculus said many of the new improvements are software-driven. "We've replaced a host of circuit boards, transistors and other hardware components with software," he added. "Turning hardware into software contributes to the modular design of the missile and offers an efficient path to future upgrades."
With more than 25,000 rounds produced for the U.S. and 14 international customers, HELLFIRE II has been successfully integrated with attack helicopters in the U.S. and many Allied fleets. It is also capable of surface launch from ground vehicles, tripods and small vessels. More than 10,000 HELLFIRE missiles have been successfully fired in combat.
Lockheed Martin performs all work on behalf of the HELLFIRE Systems, Limited Liability Company and will produce the missiles at its manufacturing facilities in Troy, AL, and Ocala, FL.
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 2008 sales of $42.7 billion.
For additional information, visit our web site:
http://www.lockheedmartin.com

F-35 Brings Unique 5th Generation Capabilities

Lockheed Martin ~ October 23, 2009
SEOUL, South Korea, Oct. 23 /PRNewswire-FirstCall/ -- The Lockheed Martin (NYSE: LMT - News) F-35 Lightning II program is the only fighter program delivering 5th generation capabilities internationally, a Lockheed Martin executive said Tuesday at the Seoul Air Show. "The F-35's 5th generation capabilities, including Very Low Observable stealth, integrated sensor fusion, net-enabled operations and advanced sustainment, make it the premiere fighter of the future," said Stephen O'Bryan, vice president of F-35 Business Development and Customer Engagement. "The F-35 is the only multi-role fighter designed for survivability in the highest-threat environments, and it provides superior capability at comparable 4th generation fighter costs."
The theme of O'Bryan's presentation, "Global Partners Building Global Security," reflects the high level of international participation and cooperation on the Joint Strike Fighter program. The F-35 will replace more than 13 aircraft types and enable allies to conduct seamless, integrated operations. Throughout its lifecycle, the F-35 will create enduring industrial relationships, from the production and global delivery systems to worldwide operation and support via Autonomic Logistics Global Sustainment (ALGS).
F-35 ALGS, developed in parallel with the aircraft and its systems, defines the F-35's total life-cycle sustainment system. In combination with the F-35's high level of reliability, ALGS is designed to reduce support costs significantly over the aircraft types it will replace. This embedded aircraft support system simplifies and streamlines maintenance, providing prognostics and health management to keep the aircraft mission-ready, using a worldwide support network and infrastructure. Recently, the F-35 Autonomic Logistics Information System (ALIS) Computerized Maintenance Management System (CMMS) began monitoring BF-1, the first short takeoff/vertical landing (STOVL) aircraft, from the Lockheed Martin F-35 Sustainment Operations Center in Fort Worth, Texas. BF-1 is the first F-35 supported solely by ALIS.
The F-35 Lightning II is a 5th generation fighter, combining advanced stealth with fighter speed and agility, fully fused sensor information, network-enabled operations, and lower operational and support costs. Lockheed Martin is developing the F-35 with its principal industrial partners, Northrop Grumman and BAE Systems. Two separate, interchangeable F-35 engines are under development: the Pratt & Whitney F135 and the GE Rolls-Royce Fighter Engine Team F136.
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 2008 sales of $42.7 billion.
For additional information, visit our Web site: http://www.lockheedmartin.com

Lockheed Martin's C-130J Super Hercules: The Proven Airlifter of Choice Showcased at Seoul Air Show

Lockheed Martin ~ October 23, 2009
SEOUL, South Korea, Oct. 23 /PRNewswire-FirstCall/ -- Lockheed Martin (NYSE: LMT - News) officials briefed reporters Tuesday at the Seoul International Aerospace and Defense Exhibition about the proven capabilities of the C130J Super Hercules, all of which are key components in aiding global security. Attendees gained insight into how the C-130J meets 90 percent of the world's airlift needs, how the aircraft is used today and its future capabilities. More air forces worldwide are lining up to take advantage of the C-130J's unique mix of agility and performance to deploy troops, transport supplies, and provide disaster and humanitarian relief to the most remote and austere areas of the world. Within the last year, the C130J family has expanded to include Norway, India, Qatar, Iraq and Oman.
"One day, these C-130Js are involved in humanitarian missions; the next, they are deploying to a combat theater," said Jack Crisler, Lockheed Martin vice president for the C-130J program. "Everyone is now seeing firsthand just how essential this plane is for air forces worldwide every day."
Thanks to worldwide operators flying six configurations of the aircraft, the C-130J has more than 500,000 flight hours on record and with numerous examples to show that it is proven in:
•Design
•Production
•Multimission flexibility
•Operations
•Reliability and sustainability
•Multirole capabilities
C-130Js are engaged in high-tempo operations in multiple combat theaters and are routinely deployed in support of both peacekeeping and humanitarian missions. The C-130J has been selected by 10 nations, with 177 aircraft delivered through the second quarter of this year. The C-130J is a flexible, multimission aircraft that has been delivered in multiple and varied configurations to meet a wide range of operational needs.
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 2008 sales of $42.7 billion.
For additional information, visit our Web site: http://www.lockheedmartin.com

ManTech Awarded $98M IDIQ Contract from DHS to Support Secure Border Initiative Program Office

Will Provide Systems Engineering and Technical Support to Enhance Border Security
ManTech International Corporation ~ October 23, 2009
FAIRFAX, Va.--(BUSINESS WIRE)--ManTech International Corporation (Nasdaq:MANT) announced that it was awarded an Indefinite-Delivery, Indefinite-Quantity (IDIQ) contract from the Department of Homeland Security (DHS) to provide a full range of program management support services to the nation's Secure Border Initiative (SBI). The competitively awarded, single-award IDIQ program, which was awarded to ManTech in the fourth quarter, has a base-year and two option years and a total potential value of $98.8 million.
ManTech will support the DHS Customs and Border Protection (CBP), SBI Program Office, whose mission is to promote border security strategies that protect against and prevent terrorist attacks and other transnational crimes. The SBI Program Office coordinates DHS efforts to ensure the legal entry and exit of people and goods moving across our borders and the enforcement of immigration, customs, and agriculture laws at our borders, within the country, and abroad. They also manage the development, deployment, and integration of SBI acquisition programs,
ManTech will support SBI program management activities which may include systems engineering, operational requirements, integrated logistics, environmental planning, and budget and financial management.
“SBI’s charter to enhance border security and to manage the development, deployment, and integration of border technology solutions is a mission-critical and highly complex task. SBI must identify operational needs and requirements, develop new capabilities, and deploy an effective mix of new and commercially available technologies and systems,” said Larry Prior, President and Chief Operating Officer, ManTech International Corporation. “ManTech has extensive experience successfully applying systems engineering to complex development, acquisition, and operational programs for the military services, DARPA, NASA, DHS and other federal government agencies. We are committed to the success of the SBI Program Office as we apply these systems engineering skills in support of CBP and DHS.”
About ManTech International Corporation:
Headquartered in Fairfax, Virginia with approximately 8,000 professionals, ManTech International Corporation is a leading provider of innovative technologies and solutions for mission-critical national security programs for the Intelligence Community; the departments of Defense, State, Homeland Security and Justice; the Space Community; National Oceanic and Atmospheric Administration; and other U.S. federal government customers. ManTech’s expertise includes systems engineering, systems integration, software development services, enterprise architecture, cyber security, information assurance, intelligence operations and analysis support, network and critical infrastructure protection, information operations and information warfare support, information technology, communications integration, global logistics and supply chain management, and service oriented architectures. The company supports the advanced telecommunications systems that are used in Operation Iraqi Freedom and in other parts of the world; has developed a secure, collaborative communications system for the U.S. Department of Homeland Security; and builds and maintains secure databases that track terrorists. The company operates in the United States and 40 countries. In 2008, BusinessWeek magazine chose ManTech for its ‘InfoTech 100’ listing representing the best performing tech companies in the world; Forbes.com named ManTech as one of the 400 Best Big Companies in the nation; and A-Space, a Web 2.0 enhanced collaboration tool that ManTech developed for the Intelligence Community was named one of the Top 50 Inventions of the Year by Time magazine. Also in 2008, GI Jobs magazine named ManTech a Top Ten Military Friendly Employer for the third year in a row. Additional information on ManTech can be found at www.mantech.com
Forward-Looking Information:
Statements and assumptions made in this press release, which do not address historical facts, constitute "forward-looking" statements that ManTech believes to be within the definition in the Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties, many of which are outside of our control. Words such as "may,” "will,” "intends,” "should,” "expects,” "plans,” "projects,” "anticipates,” "believes,” "estimates,” "predicts,” "potential,” "continue,” or "opportunity," or the negative of these terms or words of similar import are intended to identify forward-looking statements.
These forward-looking statements are subject to known and unknown risks and uncertainties, which could cause actual results to differ materially from those anticipated, including, without limitation: adverse changes in U.S. government spending priorities; failure to retain existing U.S. government contracts, win new contracts, or win recompetes; adverse results of U.S. government audits of our government contracts; risks associated with complex U.S. government procurement laws and regulations; adverse effect of contract consolidations; risk of contract performance or termination; failure to obtain option awards, task orders or funding under contracts; adverse changes in our mix of contract types; failure to successfully integrate recently acquired companies or businesses into our operations or to realize any accretive or synergistic effects from such acquisitions; failure to identify, execute or effectively integrate future acquisitions; risks of financing, such as increases in interest rates and restrictions imposed by our credit agreement; risks related to an inability to obtain new or additional financing; and competition. These and other risk factors are more fully discussed in the section entitled "Risks Factors" in ManTech's Annual Report on Form 10-K filed with the Securities and Exchange Commission on February 27, 2009, and, from time to time, in ManTech's other filings with the Securities and Exchange Commission, including among others, its reports on Form 10-Q.
The forward-looking statements included in this news release are only made as of the date of this news release and ManTech undertakes no obligation to publicly update any of the forward-looking statements made herein, whether as a result of new information, subsequent events or circumstances, changes in expectations or otherwise.
Contact:
ManTech International Corporation
Mark Root
Executive Director, Corp. Communications
off: 703-218-8397
cell: 571-259-1169
mark.root@mantech.com
or
Joseph Cormier
Senior Vice President, Corporate Development
703-218-8258
joe.cormier@mantech.com

Boeing refused to release tanker pricing -Pentagon

* Pentagon says Northrop not harmed by data release
* Says different pricing required for new competition
By Andrea Shalal-Esa
WASHINGTON, Oct 23 (Reuters) - Boeing declined a Pentagon request to release Boeing's pricing information from the last aerial tanker competition after Northrop raised concerns that it was disadvantaged by the Air Force's release of Northrop's pricing data to Boeing, according to a Pentagon letter.
Pentagon General Counsel Jeh Johnson told Northrop Grumman Corp (NOC.N) in a letter dated Sept. 23, a copy of which was obtained by Reuters, that defense officials did not believe the company was competitively harmed by Boeing Co's (BA.N) knowledge of "some of the prior pricing" and remained convinced that "the integrity of the procurement process will be maintained without the release of additional pricing information."
But Johnson said the Pentagon "actually sought Boeing's permission to release this information, and Boeing declined," according to the letter.
Analysts say the dispute over the release of Northrop pricing information could provide the basis for a future legal protest by the company. That could further delay a weapons program that Air Force officials call a top priority.
One source familiar with the letter, who was not authorized to speak on the record, said Boeing's refusal to release the information was telling. "It must be important if they don't want to release it," said the source.
Northrop declined comment on the letter, saying it did not discuss correspondence sent to or received from its customers.
Boeing could not be immediately reached for comment.
Northrop and its European partner, EADS (EAD.PA), say they are concerned about the Air Force's disclosure of pricing data to Boeing when Northrop and EADS won a potential $35 billion contract for new refueling tankers in February 2008. That deal was later canceled.
The Pentagon canceled Northrop's contract one year ago after government auditors upheld a Boeing protest. The Air Force released rules for a new competition between the two teams last month.
In his letter, Johnson told Northrop that the key terms of the solicitation had changed dramatically since the last competition, which would necessitate "dramatically different pricing proposals and strategies" anyway.
He said the Air Force provided both companies with "substantially identical information" regarding its competitor's evaluation prices, but acknowledged that the Air Force gave Boeing "some additional limited information concerning Northrop Grumman's proposed prices under the now canceled prior contract."
However, he said those "dollar amounts are of questionable value since Boeing is unaware of the extent to which the dollar figures provided were rounded up or down, and/or were truncated by hundreds of millions of dollars."
In addition, he said, Boeing did not know whether the disclosed dollar amounts represented all or only some of the line items associated with various contract phases.
"It is the case that Boeing would be at significant risk if it tried to recreate Northrop Grumman's actual contract line item dollar amounts proposed under the canceled procurement, based on the information provided," Johnson said.
"Any attempt by Boeing to estimate this would likely be inaccurate by tens or hundreds of millions of dollars, which could easily cover the cost of one or more of the aircraft."
Johnson said that the pricing would probably be long overtaken anyway by the time that new proposals were submitted for the acquisition since close to two years would have passed since the pricing information at issue was submitted.
"During that time, economic conditions of the commercial aircraft market have changed, and the individual postures of both Northrop Grumman and Boeing have undoubtedly changed," he added. (Reporting by Andrea Shalal-Esa; Editing by Phil Berlowitz)

Honeywell Reports Third Quarter Sales of $7.7 Billion and Earnings of $0.80 Per Share

Honeywell Reports Third Quarter Sales of $7.7 Billion and Earnings of $0.80 Per Share
- Stronger Than Expected Earnings - Sales On Track, Positive Cost Actions
- Cash Flow From Operations $2.6B YTD; Free Cash Flow $2.3B YTD, Up 14%
- Full-Year EPS Guidance ~$2.85, Raising Free Cash Flow To ~$3.0 Billion
Source: Honeywell
On 7:00 am EDT, Friday October 23, 2009
Buzz up! 0 Print.Companies:Honeywell International Inc.
MORRIS TOWNSHIP, N.J., Oct. 23 /PRNewswire-FirstCall/ -- Honeywell (NYSE: HON - News) today announced third quarter 2009 sales of $7.7 billion, in line with expectations, versus $9.3 billion in the third quarter last year. Earnings were $0.80 per share compared to $0.97 per share in the third quarter of 2008. Third quarter 2009 EPS included the positive impact of lower than expected tax expense in the quarter of approximately $0.04, which the company expects to be offset on a full-year basis by a higher income tax rate in the fourth quarter of 2009. Cash flow from operations was $1,148 million versus $769 million last year, and free cash flow (cash flow from operations less capital expenditures) was $1,022 million versus $556 million in the third quarter of 2008.

"Honeywell is positioning its businesses for long-term growth by continuing to invest in new products and services, geographic expansion, and key process initiatives," said Honeywell Chairman and Chief Executive Officer Dave Cote. "We executed well in the third quarter with sales on track and better than expected earnings and free cash flow performance. We're particularly pleased with our free cash flow performance year-to-date, which reflects our strong operating disciplines and working capital controls. These results reflect the impact of the growth investments and productivity actions we have taken in the midst of tough market conditions."

"Our employees have responded remarkably in support of both our growth initiatives and productivity actions," continued Cote. "Their contributions have enabled us to meet our performance objectives despite ongoing volume headwinds. By preserving our industrial base and continuing to build a robust pipeline of differentiated technologies and new products for the global marketplace, we're confident Honeywell will emerge from this period a much stronger company, ready to grow and build on our great positions in good industries."

Honeywell forecasts 2009 sales of approximately $31 billion, earnings per share of $2.85 and free cash flow of $3 billion.

Segment Highlights

Aerospace


•Sales were down 16% compared with the third quarter of 2008, resulting from lower volumes in Commercial Aerospace, partially offset by higher sales of original equipment for military platforms, logistics services and advanced aircraft modifications, and upgrades.
•Segment profit was down 12%, primarily due to volume declines, however segment margin increased 80 bps to 17.4% driven by cost savings initiatives and benefits from prior repositioning actions.
•Honeywell SmartPath(TM) Precision Landing System received FAA System Design Approval, making it the first ground-based augmentation system (GBAS) to receive this distinction. SmartPath provides differential Global Positioning System (GPS) corrections to replace or supplement older landing system technology such as Instrument Landing System (ILS), enabling more precision, more flight path flexibility, and more airport throughput.
•Honeywell signed a $77 million contract with AWAS, one of the world's leading aircraft leasing companies, to provide safety and navigational avionics and its fuel-efficient Auxiliary Power Unit (APU). The advanced avionics include IntuVue(TM), Honeywell's 3-D weather radar that allows pilots to better see and avoid weather, wind shear and turbulence, ensuring a safer and more comfortable ride for passengers, as well as cost savings for the airlines.
•Honeywell won a $185 million contract with the United Kingdom's Ministry of Defense to provide T55-L-714A engines and spares to retrofit their fleet of Chinook helicopters. The T55-L-714A engine increases power by 17%, increases maintenance intervals and reduces fuel consumption by nearly 5%.

Automation and Control Solutions


•Sales were down 14%, compared with the third quarter of 2008, resulting from slower economic growth and the unfavorable impact of foreign exchange, partially offset by continued growth in emerging regions, new product introductions, and the net favorable impact from acquisitions and divestitures.
•Segment profit was flat due to lower sales, while segment margin increased 180 bps to 13.5% driven by cost savings initiatives and benefits from prior repositioning actions.
•Building Solutions completed one of the largest solar projects for the Army at Fort Dix, N.J., part of an energy savings performance contract (ESPC) valued at $17.6 million. The ESPC will decrease energy consumption at the post by almost 10% annually.
•Building Solutions signed a $33.6 million, 20-year energy efficiency and facility renewal program with the Minneapolis Public Housing Authority (MPHA). The program will help MPHA improve its infrastructure and reduce energy consumption, saving more than $3.7 million in utility costs per year. The program, which will impact more than 40 high-rise buildings and 700 single-family residences across the city, is one of the largest projects of its kind.
•Process Solutions was selected to automate Flambeau River Biofuels, the largest green diesel plant in the United States. Honeywell will provide the Park Falls, Wisconsin plant with a fully-integrated system to help produce 18 million gallons of green diesel annually from wood waste and forest residue.
•Honeywell Life Safety received a $3.5 million order from Y-12 National Security Complex in Oak Ridge, Tennessee, a U.S. Department of Energy facility, for respiratory protection products.

Transportation Systems


•Sales were down 24% compared with the third quarter of 2008 due to lower volumes primarily driven by lower sales to global automotive OE customers and the negative impact of foreign exchange, partially offset by new platform launches with automotive OE customers and share gains in the automotive aftermarket retail channel.
•Segment profit was down 39% and segment margin decreased 170 bps to 7.1% due to lower sales volumes partially offset by cost savings initiatives and benefits from prior restructuring actions.
•Turbo Technologies was awarded contracts estimated at more than $370 million in revenue over the life of these programs. The contracts, which include critical platform wins with key customers in Europe, Asia, and the U.S. on both gasoline and diesel passenger and commercial vehicle applications, are expected to begin in 2011. Independent analysts expect turbo penetration to grow from 24% of all light vehicles today to around 70% by 2020, and predict rapid turbo adoption in the U.S. reaching close to 25% of the total light vehicle sales in the next five years.
•Honeywell launched its gasoline turbocharging technology on BMW's new ActiveHybrid engine intended for its 7-series and X6 vehicles. This 4.4L, V8 engine combines a hybrid transmission with an advanced gasoline turbocharged engine to deliver 407 hp and provide best-in-class fuel consumption and emissions in this vehicle category.

Specialty Materials


•Sales were down 23% compared with the third quarter of 2008, resulting from lower volumes and the unfavorable impact of pass through raw material price declines at our Resins and Chemicals business, partially offset by higher petrochemical catalyst sales and traction on green initiatives at UOP.
•Segment profit was down 2%, primarily due to volume declines, however segment margin increased 330 bps to 15.2% due to the positive impact of lower material costs and cost savings initiatives.
•UOP announced that its green jet fuel process technology will be used to produce nearly 600,000 gallons of green jet fuel, made from sustainable, non-food feedstocks including animal fats, algae, and camelina, for the U.S. Navy and Air Force. This is part of a joint program for the U.S. Defense Energy Support Center for alternative fuels testing and certification.
•Electronic Materials announced the launch of SOLARC, a new anti-reflective coating that improves the efficiency and power output of photovoltaic panels. This new product uses materials originally developed for semiconductor manufacturing to improve the light transmittance through the glass that covers photovoltaic panels.

Honeywell will discuss its results during its investor conference call today starting at 8:00 a.m. EDT. To participate, please dial (719) 457-2683 a few minutes before the 8:00 a.m. start. Please mention to the operator that you are dialing in for Honeywell's investor conference call. The live webcast of the investor call will be available through the "Investor Relations" section of the company's Website (http://www.honeywell.com/investor). Investors can access a replay of the webcast starting at 11:00 a.m. EDT, October 23, until midnight EDT, October 30, by dialing (719) 457-0820. The access code is 4845565.

Honeywell (www.honeywell.com) is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes, and industry; automotive products; turbochargers; and specialty materials. Based in Morris Township, N.J., Honeywell's shares are traded on the New York, London, and Chicago Stock Exchanges. For more news and information on Honeywell, please visit www.honeywellnow.com.

This release contains certain statements that may be deemed "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, that address activities, events or developments that we or our management intends, expects, projects, believes or anticipates will or may occur in the future are forward-looking statements. Such statements are based upon certain assumptions and assessments made by our management in light of their experience and their perception of historical trends, current economic and industry conditions, expected future developments and other factors they believe to be appropriate. The forward-looking statements included in this release are also subject to a number of material risks and uncertainties, including but not limited to economic, competitive, governmental, and technological factors affecting our operations, markets, products, services and prices. Such forward-looking statements are not guarantees of future performance, and actual results, developments and business decisions may differ from those envisaged by such forward-looking statements.


Contacts:
Media Investor Relations
Robert C. Ferris Elena Doom
(973) 455-3388 (973) 455-2222
rob.ferris@honeywell.com elena.doom@honeywell.com


Consolidated Statement of Operations (Unaudited)
------------------------------------------------
(In millions except per share amounts)

Three Months Ended Nine Months Ended
September 30, September 30,
2009 2008 2009 2008
---- ---- ---- ----

Product sales $5,947 $7,375 $17,569 $22,363
Service sales 1,753 1,900 5,267 5,481
----- ----- ----- -----
Net sales 7,700 9,275 22,836 27,844
----- ----- ------ ------

Costs, expenses and other
Cost of products
sold (A) 4,657 6,153 13,781 17,749
Cost of services
sold (A) 1,140 1,323 3,454 3,722
----- ----- ----- -----
5,797 7,476 17,235 21,471
Selling, general
and administrative
expenses (A) 1,034 1,309 3,270 3,854
Other (income)
expense (39) (660) 14 (730)
Interest and other
financial
charges 110 112 350 342
--- --- --- ---
6,902 8,237 20,869 24,937
----- ----- ------ ------

Income before taxes 798 1,038 1,967 2,907
Tax expense 179 315 489 808
--- --- --- ---

Net income 619 723 1,478 2,099

Less: Net income
attributable to the
noncontrolling interest 11 4 23 14
-- - -- --

Net income attributable
to Honeywell $608 $719 $1,455 $2,085
==== ==== ====== ======

Earnings per share of
common stock - basic $0.80 $0.98 $1.94 $2.82
===== ===== ===== =====

Earnings per share
of common stock -
assuming dilution $0.80 $0.97 $1.94 $2.79
===== ===== ===== =====

Weighted average
number of shares
outstanding - basic 761 731 749 739
=== === === ===

Weighted average number of
shares outstanding -
assuming dilution 764 738 751 748
=== === === ===


(A) Cost of products and services sold and selling, general and
administrative expenses include amounts for repositioning and other
charges, pension and other post-retirement expense, and stock
compensation expense.



Segment Data (Unaudited)
------------------------
(Dollars in millions)

Three Months Ended Nine Months Ended
September 30, September 30,
Net Sales 2009 2008 2009 2008
--------- ---- ---- ---- ----

Aerospace $2,622 $3,110 $8,100 $9,421

Automation and
Control Solutions 3,188 3,688 9,202 10,484

Specialty Materials 1,015 1,321 3,117 4,180

Transportation
Systems 875 1,156 2,417 3,759

Corporate - - - -
---- ---- ---- ----

Total $7,700 $9,275 $22,836 $27,844
====== ====== ======= =======



Reconciliation of Segment Profit to Income Before Taxes
-------------------------------------------------------

Three Months Ended Nine Months Ended
September 30, September 30,
------------- -------------
Segment Profit 2009 2008 2009 2008
-------------- ---- ---- ---- ----

Aerospace $455 $516 $1,397 $1,681

Automation and
Control Solutions 431 430 1,088 1,148

Specialty Materials 155 158 430 609

Transportation
Systems 62 102 84 400

Corporate (43) (48) (133) (153)
--- --- ---- ----

Total Segment
Profit 1,060 1,158 2,866 3,685

Other income/
(expense) (A) 31 633 (37) 681
Interest and
other financial
charges (110) (112) (350) (342)
Stock compensation
expense (B) (18) (31) (95) (107)
Pension and other
postretirement
expense (B) (51) (36) (48) (89)
Repositioning and
other charges (B) (114) (574) (369) (921)
---- ---- ---- ----

Income before
taxes $798 $1,038 $1,967 $2,907
==== ====== ====== ======


(A) Equity income/(loss) of affiliated companies is included in Segment
Profit

(B) Amounts included in cost of products and services sold and selling,
general and administrative expenses.



Honeywell International Inc.
Consolidated Balance Sheet (Unaudited)
--------------------------------------
(Dollars in millions)

September 30, December 31,
2009 2008
---- ----

ASSETS
Current assets:
Cash and cash equivalents $2,604 $2,065
Accounts, notes and other receivables 6,464 6,129
Inventories 3,576 3,848
Deferred income taxes 900 922
Other current assets 342 299
--- ---
Total current assets 13,886 13,263

Investments and long-term receivables 471 670
Property, plant and equipment - net 4,828 4,934
Goodwill 10,520 10,185
Other intangible assets - net 2,265 2,267
Insurance recoveries for asbestos related
liabilities 1,045 1,029
Deferred income taxes 1,698 2,135
Other assets 1,060 1,007
----- -----

Total assets $35,773 $35,490
======= =======

LIABILITIES AND SHAREOWNERS' EQUITY
Current liabilities:
Accounts payable $3,201 $3,773
Short-term borrowings 253 56
Commercial paper 696 1,431
Current maturities of long-term debt 1,019 1,023
Accrued liabilities 5,865 6,006
----- -----
Total current liabilities 11,034 12,289

Long-term debt 6,256 5,865
Deferred income taxes 730 698
Postretirement benefit obligations other than
pensions 1,554 1,799
Asbestos related liabilities 1,559 1,538
Other liabilities 5,045 6,032
Shareowners' equity 9,595 7,269
----- -----

Total liabilities and shareowners' equity $35,773 $35,490
======= =======



Honeywell International Inc.
Consolidated Statement of Cash Flows (Unaudited)
-------------------------------------------------
(Dollars in millions)


Three Months Ended Nine Months Ended
September 30, September 30,
------------- -------------
2009 2008 2009 2008
---- ---- ---- ----
Cash flows from operating
activities:
Net income attributable
to Honeywell $608 $719 $1,455 $2,085
Adjustments to reconcile
net income to net cash
provided by operating
activities:
Depreciation and
amortization 242 247 711 693
Gain on sale of non-
strategic businesses
and assets (15) (623) (15) (635)
Repositioning and
other charges 114 574 369 921
Net payments for
repositioning and
other charges (153) (97) (447) (237)
Pension and other
postretirement
expense 51 36 48 89
Pension and other
postretirement benefit
payments (48) (50) (144) (153)
Stock compensation
expense 18 31 95 107
Deferred income taxes 87 5 432 248
Excess tax benefits
from share based
payment arrangements - (2) - (21)
Other (12) (61) 274 28
Changes in assets and
liabilities, net of
the effects of
acquisitions and
divestitures:
Accounts, notes
and other
receivables (140) 155 202 (465)
Inventories 96 (49) 350 (393)
Other current
assets (57) 16 (49) (4)
Accounts payable 36 (76) (605) 210
Accrued
liabilities 321 (56) (61) 59
--- --- --- --
Net cash provided by
operating activities 1,148 769 2,615 2,532
----- --- ----- -----

Cash flows from investing
activities:
Expenditures for
property, plant and
equipment (126) (213) (352) (552)
Proceeds from disposals
of property, plant and
equipment 4 2 21 52
Decrease in investments - - 1 14
Increase in investments - (4) - (4)
Cash paid for
acquisitions, net of
cash acquired (440) (800) (468) (2,108)
Proceeds from sales of
businesses, net of
fees paid 1 921 1 921
Other (5) - (53) 7
-- -- --- -
Net cash used for
investing activities (566) (94) (850) (1,670)
---- --- ---- ------

Cash flows from financing
activities:
Net increase/(decrease)
in commercial paper 298 689 (735) 459
Net (decrease)/ increase
in short-term
borrowings (120) 1 (313) 22
Proceeds from issuance
of common stock 11 16 20 142
Proceeds from issuance
of long-term debt - - 1,488 1,487
Payments of long-term
debt (611) - (1,104) (425)
Excess tax benefits
from share based
payment arrangements - 2 - 21
Repurchases of common
stock - (1,018) - (1,459)
Cash dividends paid on
common stock (232) (201) (684) (610)
---- ---- ---- ----
Net cash used for
financing activities (654) (511) (1,328) (363)
---- ---- ------ ----

Effect of foreign
exchange rate changes
on cash and cash
equivalents 70 (76) 102 (36)
-- --- --- ---

Net (decrease)/increase
in cash and cash equivalents (2) 88 539 463
Cash and cash equivalents
at beginning of period 2,606 2,204 2,065 1,829
----- ----- ----- -----
Cash and cash equivalents
at end of period $2,604 $2,292 $2,604 $2,292
====== ====== ====== ======



Honeywell International Inc.
Reconciliation of Cash Provided by Operating Activities to Free Cash
Flow (Unaudited)
--------------------------------------------------------------------
(Dollars in millions)

Three Months Ended Nine Months Ended
September 30, September 30,
------------- -------------
2009 2008 2009 2008
---- ---- ---- ----

Cash provided by operating
activities $1,148 $769 $2,615 $2,532

Expenditures for property, plant
and equipment (126) (213) (352) (552)
---- ---- ---- ----

Free cash flow $1,022 $556 $2,263 $1,980
====== ==== ====== ======


We define free cash flow as cash provided by operating activities, less
cash expenditures for property, plant and equipment.

We believe that this metric is useful to investors and management as a
measure of cash generated by business operations that will be used to
repay scheduled debt maturities and can be used to invest in future growth
through new business development activities or acquisitions, and to pay
dividends, repurchase stock, or repay debt obligations prior to their
maturities. This metric can also be used to evaluate our ability to
generate cash flow from business operations and the impact that this cash
flow has on our liquidity.

mySBX Launches Web-Based Tool for Government Contractors to Manage GWAC Contracts

mySBX ~ October 23, 2009
RESTON, VA--(Marketwire - 10/23/09) - mySBX today launched mySBX Contracts Suite -- a powerful Web-based tool that enables government contractors to find qualified partners, form contract teams and create winning bids on GWAC and IDIQ task orders -- all from their own dedicated Web portal.
mySBX launched as the first online business collaboration and resource planning network for government contractors, and approximately 7,000 contractors and 10,000 professionals rely on mySBX to secure new business, get idle consultants billable and become more discoverable to potential customers and partners. mySBX Contracts Suite was developed specifically to provide large contractors with complete visibility into the process of tracking, managing, distributing and reporting on their task orders and solicitations under consideration.
"For government contractors, the days of trying to manage task orders and contract vehicles by emails and spreadsheets are over," said Jeff White, CEO and co-founder of mySBX. "By eliminating built-in inefficiencies that slow down the task order management process, businesses can spend less time trying to administer contracts, and more time winning them."
From a customized Center of Excellence Web page, a contractor can track responses from its GWAC/IDIQ business development and business capture managers to quickly assess whether task order requirements can be met internally; then, contractors can make the portal externally accessible to identify and manage teaming partners with needed qualifications.
In addition, mySBX Contracts Suite arms contractors with the ability to:
-- Manage GWAC vehicles (Alliant, ENCORE II, SeaPort-e, DHS EAGLE, etc.), contract pipelines and small business teaming opportunities from a single, customized Web portal.
-- Track small business qualifications in real time in order to quickly identify contract needs, form teams and win business.
-- Report all task order responses from small businesses to significantly enhance auditing requirements and diversity accountability.
-- Distribute requests for information to internal divisions and have real-time visibility into staff responses for each contract task order.
mySBX Contracts Suite is one of five enterprise-grade Software-as-a-Service (SaaS) solutions enabling government contractors to grow their business and streamline operations for government contract management, business development and capture, supplier management and teaming.
"mySBX.com is assisting ManTech in finding firms around the globe to join our teams with cleared staff and solutions on our nation's most pressing priorities. This is a forerunner of how to increase efficiency and reduce time in federal contracting," said John Sutton, Senior Vice President, Information Systems and Technologies, Defense Group, ManTech International.
About mySBX
Reston, Va.-based mySBX is a free online business collaboration and resource planning network that enables large businesses, small businesses and consulting professionals to identify the right people, at the right organizations, and at the right time to secure new business opportunities. Organizations of any size -- as well as individuals -- can leverage the mySBX network to identify teaming opportunities, monetize idle short-term staffing resources and become more discoverable to prospective customers, partners and employers.
Visit http://www.mySBX.com for additional information.
Contact:
Contact:
Brian Lustig
(301) 775-6203

Defense Solutions Holding, Inc. Representing US and Asian Oil Refineries in Iraq

Defense Solutions Holding, Inc. (OTC Bulletin Board: DFSH), announced today that it entered agreements to represent one American-owned refinery group (3 refineries) and two Asian refinery groups (4 refineries) to secure oil contracts in Iraq
Defense Solutions Holding, Inc. ~ October 23, 2009
EXTON, Pa., Oct. 23 /PRNewswire-FirstCall/ -- Defense Solutions Holding, Inc. (OTC Bulletin Board: DFSH - News), announced today that it entered agreements to represent one American-owned refinery group (3 refineries) and two Asian refinery groups (4 refineries) to secure oil contracts in Iraq.
"Iraq needs qualified customers for its oil," stated Colonel (Ret) Timothy Ringgold, CEO of DFSH. "Our American and Iraqi staff in Baghdad and our American and Iraqi staff in the United States are now in a position to meet the needs of Iraq's Ministry of Oil."
Defense Solutions, Inc. supplies armored vehicles to international customers friendly to American interests. In 2005, Defense Solutions supplied 77 T-72 tanks to the Iraqi Army under contracts with NATO, Iraq, and the US Army. Since then, Defense Solutions entered joint development agreements to produce the NATO-compatible armored personnel carrier, the BTR-4.
"As one of very few American firms licensed to conduct business in Iraq, Defense Solutions is positioned to facilitate crude oil contracts for the seven refineries we are now representing," Ringgold added. "Iraq produces approximately 2 million barrels of oil a day and holds proven reserves of approximately 115 billion barrels, which are relatively accessible and economical to tap. Ending its 40 year seclusion from the rest of the world, Iraq now aims to develop what is considered the world's second largest oil reserves."
About Defense Solutions:
Defense Solutions Holding, Inc. is headquartered in Exton, PA. Established in 2001, Defense Solutions' founding corporate philosophy was to deliver the world's best solutions to military members so they can perform their jobs with minimal risk. Defense Solutions has worked for Federal and State departments and agencies, the White House, and international allied organizations including the Iraq's Defense Ministry, NATO, and the Multi-National Force in Iraq to devise and implement strategies supporting military and civilian programs. Earlier this year, Defense Solutions entered into the oil trading business in Iraq.
For more information visit: http://www.ds-pa.com.
TIMOTHY RINGGOLD
Defense Solutions, Inc.
+1.610.833.6000
ringgold@ds-pa.com
http://www.ds-pa.com/

Boeing submits bids for $2bln India defence projects

"NEW DELHI, Oct 23 (Reuters) - Boeing Co (BA.N) has submitted two proposals to the Indian Air Force, offering the AH-64D Apache and the CH-47F Chinook in a deal potentially worth $2 billion, Boeing's country head and Indian officials said on Friday.
India invited bids in May for 22 attack helicopters and at least 15 heavy-lift helicopters as it plans to replace its ageing Soviet-era fleet with modern weapon systems.
'The Apache will be a capable and lethal defender of India's troops and assets, while the Chinook will answer many of the country's military and humanitarian needs,' Vivek Lall, vice president and India country head for Boeing Integrated Defense Systems, said on Friday.
'We have no idea of the timeline and how long will it take as we have just submitted our proposals,' Lall told Reuters.
The company has already signed a $2.1 billion contract for supplying eight P-8I warfare planes to the Indian Navy.
The Indian government says it will prioritise defence and push forward pending projects to modernise its armed forces especially after the Mumbai attacks in November revealed security loopholes.
It is looking to spend more than $30 billion over the next five years to modernise its defence systems. (Editing by Nick Macfie)"