Friday, June 19, 2009

AIRSHOW-FACTBOX-Civil aircraft orders at Paris Air Show

Fri Jun 19, 2009 4:00pm EDT
June 18 (Reuters) - Following is a summary of firm orders and commitments for planemakers during the first four days of the Paris Air Show.
As expected, orders have fallen sharply since last year as airlines struggle with lower traffic and tightened credit. AIRBUS
Hungary-based low-cost carrier Wizz Air signed a letter of intent to buy 50 additional A320s worth around $3.8 billion. [ID:nLI898237]
Malaysian low-cost airline AirAsia (AIRA.KL) ordered 10 A350-900s worth $2.4 billion, with an option for five more worth $1.2 billion. [ID:nWEA7005]
Qatar Airways signed an order for 24 A320-family aircraft from Airbus (EAD.PA) worth about $1.9 billion at list prices. The contract includes four orders for A321 planes announced last year and 20 new orders for A320 aircraft. [ID:nLF470716]
Vietnam Airlines made a firm order for 16 A321s worth $1.4 billion and a provisional order for two A350-900s worth $480 million. [ID:nWEA6987]
Cebu Airlines of the Philippines ordered five Airbus A320s worth $385 at list prices. [ID:nMNB000416]
Zest Airways, also of the Philippines, placed a firm order for one A320 aircraft worth $77 million at list prices.
French private airline Aigle Azur placed a firm order for one A319 aircraft worth $70 million.
India's Paramount Airways signed a memorandum of understanding to buy 10 A321 aircraft.
Airbus said THY Turkish Airlines (THYAO.IS) had signed a preliminary agreement to buy seven Airbus A330 widebody aircraft -- two of the increased take-off weight version of the A330-200, which offers an extended flying range of up to 7,200 nautical miles, and five A330-300s.
THY said the same deal was for 10 aircraft, indicating there were 3 options, which Airbus does not publish.
SUKHOI
Avialeasing firmed up orders for 24 Superjet 100s in a deal worth about $715 million. Russian planemaker Sukhoi has 122 firm orders for its Superjet 100 so far. [ID:nLF702829]
Hungarian national carrier Malev [MALV.UL] signed a letter of intent for 30 Superjet 100 aircraft, a contract worth up to $1 billion. [ID:nWEA6823]
EMBRAER
Dutch regional airline KLM Cityhopper firmed up seven options to buy Embraer (EMBR3.SA) 190 jets from the Brazilian planemaker.
Japan's Fuji Dream Airlines, part of Suzuyo Group, ordered an Embraer 175 jet to add to two Embraer 170s ordered in November 2007. [ID:nLF543810]
BOEING
Boeing Co (BA.N) said MCAP finalised an order for two 737-800 aircraft worth $153 million. [ID:nWEA7172]
THY Turkish Airlines said it was buying seven Boeing 777s.
ATR
Vietnam Airlines signed an agreement with regional turbo-prop planemaker ATR, co-owned by EADS and Finmeccanica (SIFI.MI), to buy two ATR 72-500 aircraft worth $41 million.
Nigerian carrier Afrijet Airlines signed a contract to buy four ATR 72-500 planes worth $80 million.
Royal Air Maroc agreed to buy four ATR 72-600s and two ATR 42-600s, with options for two more ATR 72-600s.
Spanish carrier Air Nostrum signed a contract to buy 10 ATR 72-600 aircraft, plus options for 10 more aircraft. The order is worth $425 million.

QuakeFinder Detects Quake: Pre-Quake Signatures Detected by QuakeFinder and NASA

On Friday June 19, 2009, 4:14 pm EDT
QuakeFinder, the Humanitarian R&D division of Stellar Solutions, Inc. has analyzed data gathered from the Alum Rock earthquake in October 2007. QuakeFinder has one of their specialized ground sensors located approximately 2 miles from the epicenter of the Alum Rock earthquake. The Natural Hazards and Earth Systems Science journal recently accepted a paper by QuakeFinder which details both satellite and ground sensors detection of three independent electromagnetic signals two weeks prior to the October 30, 2007 Alum Rock M5.4 earthquake. QuakeFinder detected ultra low frequency magnetic pulsations and large changes in air conductivity near the ground during the two weeks prior to the quake. In addition, collaborators at NASA's Jet Propulsion Laboratory detected nighttime infra-red signatures in the same area simultaneously from the GOES-West weather satellite. These three signatures were compared with normal signals collected over the previous two years, and it was noted that the changes followed a similar timeline (two weeks) which occurred prior to the 1989 Loma Prieta M7.0 earthquake. The Alum Rock earthquake analysis has been discussed in California Space Authority's Winter issue of SpaceBound! ( http://www.californiaspaceauthority.org/spacebound-08-v25) and covered by NBC's Bay Area News(http://www.nbcbayarea.com/news/local/Bay_Area_Centers_in_on_Earthquake_ Prediction_Bay_Area.html). QuakeFinder currently has 55 ground sensors in the CA area, and plans to increase the network in California and internationally, allowing the capture and analysis of more earthquake data, thereby providing additional corroboration earthquakes could be forecast by monitoring electromagnetic changes around fault zones.
For additional information on Earthquake findings by QuakeFinder, contact Tom Bleier, VP of Humanitarian R&D at Stellar Solutions, or visit www.quakefinder.com.
QuakeFinder conducts pioneering research in the area of earthquake forecasting and is the Humanitarian R&D division of Stellar Solutions, an award winning aerospace engineering services company located in Palo Alto, CA. The initial goal to develop a monitoring network (CalMagNet) has progressed into a broader vision -- to save lives by conducting research with the aim of making global forecasts of major seismic activity a reality within the next decade.
About Stellar Solutions, Inc.
Stellar Solutions distinguishes itself by satisfying customers' critical engineering services needs on diverse projects such as defense-related intelligence programs, international telecommunications satellites, commercial imagery satellites, and NASA's planetary and earth science missions. Stellar Solutions' high-caliber team of aerospace professionals has decades of applied mission experience and provide high impact technical solutions to programmatic challenges. Stellar Solutions' offices are located in all major space development and operational hubs in the US: California, Colorado and the Washington, DC area, and our international affiliate, Stellar Solutions Aerospace Ltd., is based in London, England.
Contact:
CONTACT:Tom Bleier
Stellar Solutions
Phone: (650) 473-9872
Fax: (650) 473-9867
Email Contact
http://www.QuakeFinder.com

UPDATE 1-Funding gap could derail Bombardier streetcar deal

* Canada says project doesn't qualify for stimulus funding
* Ontario pledges C$416 million toward C$1.2 billion deal
* Toronto commits C$355 million for the 204 streetcars
* Funding, still 1/3 short, must be in place by June 27
* Bombardier shares little changed (Adds quotes from premier, mayor; updates share price)

By John McCrank
TORONTO, June 19 (Reuters) - A C$1.2 billion ($1.1 billion) project awarded to Bombardier Inc (BBDb.TO) to build a fleet of new streetcars for the city of Toronto may be in jeopardy after the federal government said the transit program would not qualify as part of its infrastructure stimulus fund.
Federal Transportation Minister John Baird said in Parliament on Friday that the project did not fall within the proper timeframe take advantage of the C$4 billion fund.
"One of the requirements of that stimulus fund is that we get projects moving quickly and that they conclude within the next two years," Baird said.
Under the agreement between Bombardier and the city, a prototype vehicle is to be delivered in 2011. The larger, more energy efficient streetcars would enter service by 2012, with all 204 delivered by 2018. The city has an option to buy another 400 for the second phase of the deal.
Financing for the contract must be completed by June 27.
Michael Ignatieff, the leader of the opposition Liberal Party, said the federal government would be missing out on a "good investment" if if turned its back on the project.
"The government has an opportunity to invest in public transit, to create jobs and to move the economy forward, all for an estimated C$312 million. It sounds like a good investment to me, the kind of investment that fuels economic recovery," Ignatieff told the House of Commons.
Baird said Ottawa is already supporting several public transit projects in Toronto.
"No government has been more supportive of public transit in the city of Toronto than this government," he said.
Last week, Baird used an expletive in a private comment, that was widely picked up by media, in response to demands from Canada's biggest city for infrastructure funding. He has since apologized for the comment.
ONTARIO AND TORONTO HOLD OUT HOPE
Ontario Premier Dalton McGuinty pledged C$416 million from the province, or one-third of the cost of the new fleet on Friday. The city of Toronto has committed C$355 million. But the one-third of the funding expected from Ottawa is in doubt.
McGuinty, whose province has seen its industrial base hit hard by the the recession, told reporters in Thunder Bay, Ontario, where the streetcars would be built, that Ontario and Toronto were continuing to hold "constructive dialogue" with Ottawa.
"I can't think of a single reason why they would not want to involve themselves in this opportunity," he said.
"We have some time and we will do everything that we can to consent, invite, prod, provoke, cajole, encourage, whatever we might, to encourage the federal government to come to the table."
Toronto Mayor David Miller said he was confident that the discussions with the federal government would bear fruit.
"Given the importance of this ... I'm positive that those discussions will result in moving forward. We just have to. We can't let this project fail."
According to Bombardier, manufacturing the streetcars would create more than 5,000 direct jobs and 10,300 indirect jobs in Ontario, which has recently seen thousands of workers lose jobs in the auto sector.
Shares of Bombardier were down 4 Canadian cents at C$3.33 on the Toronto Stock Exchange on Friday.

Engineering News-Record Assesses Construction of NASA's New Space Launch Facilities

Troubled economy and government review question $100-billion shuttle replacement plan
NEW YORK, June 19 /PRNewswire/ -- With a $100-billion price tag, NASA's space shuttle replacement program, Constellation, aims to return astronauts to the Moon in 2020, followed by a Moon base and missions to Mars. An article in next week's June 22 Engineering News-Record (ENR), published by McGraw-Hill Construction and now online at ENR.com, reviews the impact of the economy on NASA's plans as well as the new facilities, systems and launch structures currently under development and under construction at the Kennedy Space Center in Cape Canaveral, FL, and other sites throughout the U.S.
The Constellation program includes the development and production of the new Ares rocket system as well as the Altair lunar module and engineering and infrastructure components. Major changes to the launch pads, including demolition of old fixed structures and the construction of new ones, are the first steps currently underway at Cape Canaveral. Modifications to the Launch Control Center are in progress, and the Vehicle Assembly Building also will be modified for the program. Construction is expected to ramp up further in 2010-2011, and the first crew launch is scheduled for 2015, while the first Ares V equipment launch is planned by 2020. Other large facilities include the Ares I test stand at Stennis Space Center in Mississippi, currently under construction, and a 3-million-square-foot manufacturing facility in Michoud Parish, LA, now in the early design stage. Collectively, these projects will infuse billions of dollars into the economically battered construction industry.
Despite these concrete plans, "NASA's history of poor fiscal and contract management is likely to come under committee review," says the article. Indeed, an independent financial review by Obama-appointee Norman Augustine could lead to budget shortfalls for NASA if alternatives to the Constellation program are recommended as the best trajectory for the future of human space flight.
The full article is available online at http://enr.ecnext.com/coms2/article_tect090617NASALaunchPa-1. For further commentary, contact ENR reporters Thomas F. Armistead at Tom_Armistead@mcgraw-hill.com and Steve Setzer at setzer.enr@gmail.com.
About McGraw-Hill Construction
McGraw-Hill Construction connects people, projects and products across the design and construction industry. For more than a century, the Company has remained North America's leading provider of construction project information, plans and specifications, product information, industry news, and industry trends and forecasts. In print and online, the Company offers a variety of tools, applications, and resources that easily integrate with its customers' workflows. Backed by the power of Dodge, Sweets, Architectural Record, Engineering News-Record (ENR), GreenSource, HQ, SNAP and 11 regional publications, McGraw-Hill Construction serves more than one million customers within the $5.6 trillion global construction community. To learn more, visit www.construction.com.
About The McGraw-Hill Companies
Founded in 1888, The McGraw-Hill Companies (NYSE: MHP - News) is a leading global information services provider meeting worldwide needs in the financial services, education and business information markets through leading brands such as Standard & Poor's, McGraw-Hill Education, BusinessWeek and J.D. Power and Associates. The Corporation has more than 280 offices in 40 countries. Sales in 2008 were $6.4 billion. Additional information is available at www.mcgraw-hill.com.

Stellar Solutions, Inc. Recognized for Innovation, World Class Service, and Performance Excellence

On Friday June 19, 2009, 3:55 pm EDT
Stellar Solutions, Inc. was honored at the California Council for Excellence's 15th Annual Conference & Awards Ceremony held April 17, 2009. Stellar Solutions was one of 10 organizations recognized by the California Awards for Performance Excellence (CAPE).
The award program, which emulates the Malcolm Baldrige National Quality Program, recognizes organizations that demonstrate superior performance in seven key business areas including: leadership, strategic planning, customer and market focus, measurement and knowledge management, human resources, process management and business results. MaryAnn Pranke, Chair of the CAPE Award, stated, "We use the same criteria for evaluating organizations as the national program. The rigorous Baldrige Criteria are recognized internationally as the hallmark for performance excellence and allow us to select award winners to serve as role models for all California organizations. To recognize ten organizations that have achieved levels of excellence during these challenging economic times, demonstrates the strength of our great State."
Stellar Solutions distinguishes itself by satisfying customers' critical engineering services needs on diverse projects such as defense-related intelligence programs, international telecommunications satellites, commercial imagery satellites, and NASA's planetary and earth science missions. Stellar Solutions' high-caliber team of aerospace professionals has decades of applied mission experience and provide high impact technical solutions to programmatic challenges. Stellar Solutions' offices are located in all major space development and operational hubs in the US: California, Colorado and the Washington, DC area, and our international affiliate, Stellar Solutions Aerospace Ltd., is based in London, England.
Contact:
Contact:Anne Pert
Director of Administration
Telephone: 650-473-9866
Email: Email Contact
Website: www.StellarSolutions.com

Terex to Present at Wachovia Securities Mid-Year Equity Conference

On Friday June 19, 2009, 3:14 pm EDT
WESTPORT, Conn.--(BUSINESS WIRE)--Terex Corporation (NYSE: TEX - News) today announced that it will participate in the Wachovia Securities Mid-Year Equity Conference at The InterContinental Boston in Boston, Massachusetts on Tuesday, June 23, 2009. The meeting will include a presentation at 4:00 PM EDT by Ronald DeFeo, Chairman and Chief Executive Officer and Tom Gelston, Vice President, Investor Relations.
A live webcast and slide presentation from this conference can be accessed on the Terex Corporation website, www.terex.com, under the Investor Relations section. Listeners should go to this site at least 15 minutes before this event to download and install any necessary audio software. For those unable to listen to the live broadcast, a replay will be available by accessing the above address.
Terex Corporation is a diversified global manufacturer with 2008 net sales of $9.9 billion. Terex operates in four business segments: Terex Aerial Work Platforms, Terex Construction, Terex Cranes, and Terex Materials Processing & Mining. Terex manufactures a broad range of equipment for use in various industries, including the construction, infrastructure, quarrying, surface mining, shipping, transportation, refining and utility industries. Terex offers a complete line of financial products and services to assist in the acquisition of Terex equipment through Terex Financial Services. More information on Terex can be found at www.terex.com.
Contact:
Terex Corporation
Tom Gelston,
203-222-5943
Vice President, Investor Relations
thomas.gelston@terex.com
or
Kurt Goddard,
203-222-6160
Senior Manager, Investor Relations
kurt.goddard@terex.com

New Issue-General Dynamics sells $750 mln in 2-yr notes

June 19 (Reuters) - General Dynamics Corp (GD.N) on Friday
sold $750 million of two-year senior notes, said IFR, a Thomson
Reuters service. The size of the deal was increased from an originally
planned $500 million. Bank of America, J.P. Morgan, and RBS Capital were the
joint bookrunning managers for the sale.
BORROWER: GENERAL DYNAMICS CORP
AMT $750 MLN COUPON 1.80 PCT MATURITY 7/15/2011
TYPE SR NTS ISS PRICE 99.554 FIRST PAY 1/15/2010
MOODY'S A2 YIELD 2.022 PCT SETTLEMENT 6/24/2009
S&P SINGLE-A SPREAD 80 BPS PAY FREQ SEMI-ANNUAL
FITCH SINGLE-A MORE THAN TREAS NON-CALLABLE

AIRSHOW-Airbus confirms drop in air show orders

* Airbus wraps up air show with 58 orders
* Orders down sharply from last year
* Industry waiting for upturn in passenger traffic

PARIS, June 19 (Reuters) - European planemaker Airbus wrapped up the Paris air show with $6.4 billion of orders for 58 aircraft, marking as expected a steep fall from last year as airlines hold back from renewing fleets to stave off recession. The world's largest planemaker also reported preliminary commitments -- yet to be placed in the order book -- for 69 planes worth $6.5 billion at list prices at the biennial show.
At last year's Farnborough Air Show -- which alternates with Paris -- Airbus notched up firm orders for 247 aircraft and Airbus and rival Boeing (BA.N) between them booked 444 orders.
Boeing and Airbus are headed for their worst annual order tally in at least 15 years as struggling airlines cancel or defer almost as many planes as they are buying. Last year, the pair took net orders for 1,439 planes combined.
Purchases at the Paris Air Show were scarce but Qatar Airways issued a $2 billion order for single-aisle jets to repel low-cost competition and Malaysia's AirAsia X (AIRA.KL) snapped up 10 new-generation A350-900s worth $2.4 billion.
On Friday, the final pieces fell into place when THY Turkish Airlines (THYAO.IS) announced plans to purchase 10 airplanes from Airbus and seven from Boeing as part of a fleet-expansion plan, aimed at making it a global airline.
The purchases are the first under the plan to buy up to 105 planes from the two aircraft makers [ID:nLJ676485].
Reuters reported on Monday that the Turkish carrier could place an order at the show, although at that stage industry sources were expecting a side deal away from the main tender.
Airbus said it had booked a provisional commitment for A330-200 wide-body jets plus five A330-300 planes for Turkish Airlines worth $1.4 billion, making 7 in total.
Airbus does not disclose options and these apparently account for the discrepancy with the airline's figure of 10.
Boeing (BA.N) says it does not highlight orders at the air show, preferring to announce them as they arise.
However it said this week MCAP had finalised an order for two single-aisle 737-800 aircraft worth $153 million.
With 7,000 orders in the Airbus and Boeing order books combined, analysts said new orders were less important that whether the airframers would manage to hold single-aisle production rates at announced levels for the coming year.
The industry is also focused on the timing of any recovery in airline traffic, which Boeing sees happening around mid-2010, and this in turn could help engine makers with their after-market parts businesses.
"Orders should be ignored," said aerospace consultant Richard Aboulafia of Teal Group, Washington D.C.
"If you want orders look back in the order book. The only headlines people want to see are increases in traffic."
Shares in EADS nonetheless rose 2.4 percent on Friday.
Analysts noted a chorus of comments from aerospace executives at the show that the economy was beginning to stabilise, though the timing if any upturn was hard to predict.

Los Angeles County Selects Twenty First Century Communications for Mass Notification

On Friday June 19, 2009, 11:50 am EDT
Twenty First Century Communications, Inc. (TFCC), the leading provider of emergency notification and other on-demand alerting and call answering services, today announced that Los Angeles County has selected TFCC as provider of emergency mass notification to county residents and businesses.
Marketwire - Twenty First Century's system will be used to communicate time-sensitive and critical messages containing warnings about wildfires, floods ..." src="http://us.news2.yimg.com/us.yimg.com/p/fi/23/26/49.jpg" width=230>
Marketwire - Twenty First Century's system will be used to communicate time-sensitive and critical messages containing warnings about wildfires, floods ...
TFCC has the capability to send multi-modal communications -- emergency voice, text, and email messages -- using a combination of telephone database and Geographic Information Systems (GIS) technology. Unique to TFCC, it also has the ability to detect and communicate with Telecommunication Devices for the Deaf (TTY/TDD). TFCC is the only mass notification provider to offer true TTY communications for the hearing impaired (patent pending).
TFCC's system will be used to communicate time-sensitive and critical messages containing warnings about wildfires, floods and other disasters that affect neighborhoods in Los Angeles County.
The county selected Ohio-based TFCC, which has implemented similar mass notification systems for San Diego, Riverside, Monterey and Del Norte counties, as well as numerous organizations across the U.S., including the American Red Cross and the Washington, D.C. Emergency Management Agency.
Los Angeles County is the most populous county in the United States, with an estimated population of 10.3 million people. Twenty First Century has the network redundancy and telecom platform to handle high volumes of call traffic. TFCC already processes calls for 80 of the largest U.S. utilities, representing 85 million unique phone numbers nationwide.
TFCC is the system that powers AlertSanDiego, the mass notification system which helped San Diego County safely evacuate over 500,000 people during the 2007 Southern California wildfires.
The County Board of Supervisors voted to spend about $2 million on the system, which officials say should be in place by June. This cost also includes the purchase of the 911 data from the local telephone companies. Henry Balta, Senior Associate CIO for Los Angeles County, said that Twenty First Century Communications won the contract through a competitive bidding process open to vendors across the United States.
Balta said that TFCC's mass notification system will be used to send messages to residents affected by a particular incident. "Typically, emergencies are regionalized," he said. "We will use the system to reach out to residents and businesses in affected areas."
To do so, county officials will identify an affected area using TFCC's advanced online GIS-mapping system, which automatically generates a list of contacts within the designated area. An appropriate message then goes out over multiple channels such as landlines, cell phones, email, text-message and TTY.
The system is capable of multi-modal communications, however initially it will contact listed and unlisted land-line phones using data from phone companies' 911 directories. The county also will provide a Web page where residents can sign up to get messages on other devices like their cellular and VoIP phone, email and text.
"Los Angeles County joins a growing list of public safety and government agencies that rely on TFCC for rapid, reliable crisis communications every day," said James Kennedy, CEO of Twenty First Century Communications, Inc. "TFCC was battle-tested during the 2007 wildfires and hundreds of other times over the past twenty years. We are proud to welcome Los Angeles County to our client community and look forward to helping keep its citizens safe and informed for years to come."
About TFCC
Twenty First Century Communications celebrates twenty years in the crisis communications industry. Founded in 1989, TFCC is the leading provider of offsite, hosted telecommunications solutions. TFCC developed the first automated high volume call handling system to allow organizations to answer and place thousands of calls in just minutes. TFCC handles outage calls for 80 of the largest U.S. utilities and serves hundreds of organizations nationwide with mass public alert and warning and emergency notification services. TFCC is committed to innovative communications solutions, relentless reliability and superior customer service.
Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=1007374
Contact:
For more information:
Ellen Grevey
TFCC Director of Corporate Communications
800-382-8356, ext. 262
ellen.grevey@tfcci.comhttp://www.tfcci.com

Norwegian Company Unveils New Visual & Collaborative Tech Center in Washington, D.C. Region

Cyviz Offers Sneak Peak of High-Resolution Display Technologies Used in Military, Simulation, and Design
On Friday June 19, 2009, 11:35 am EDT
Think you've seen the highest of definition on the biggest of screens? Some of the most cutting-edge display technologies aren't found in movie theatres, but those used behind closed doors in military and intelligence command centers, where massive walls of ultra-high resolution images and data feeds are seamlessly blended and controlled for joint-warfare training, surveillance, and simulation.
Marketwire - The Cyviz Technology Center, Washington, D.C., is a 7,000 sq. ft. showcase of visual and collaborative technologies. ..." src="http://us.news2.yimg.com/us.yimg.com/p/fi/23/26/40.jpg" width=230>
Marketwire - The Cyviz Technology Center, Washington, D.C., is a 7,000 sq. ft. showcase of visual and collaborative technologies. ...
Cyviz, the Norwegian company behind these advances, will be opening its fourth worldwide Cyviz Technology Center (CTC), a 7,000 square foot facility showcasing the latest display wall and collaboration technologies in Crystal City, Virginia. The opening of the Center will be preceded by a June 29th VIP-invitation preview, offering a behind the scenes look at the technologies being used by agencies such as NATO, DOE, USAF, NASA, and NIH, as well as Federal System Integrators such as Lockheed Martin and Boeing -- all which require state-of-the-art collaboration and visualization environments.
The June 29th media event will feature Norway's ambassador to the U.S., along with 50 executives from partnering companies like Tandberg, Sony, NVIDIA, Crestron, Hewlett Packard, and Bose. Participants will see Cyviz collaboration demos along with the latest in Tandberg video conferencing, the next generation of cinema from Sony, audio from Bose Professional, all powered by HP workstations programmed with Creston's touch panels, and driven by NVIDIA Quadro Plex visual computing systems.
Media who wish to attend the June 29th, 4:00-7:00 p.m. preview reception may register through Joel Greenberg (contact below). An exclusive opening of the CTC for customers, partners, and prospects will be held on Tuesday June 30th, and Wednesday, July 1st. To RSVP, please visit: http://www.cyviz.com/
"Most of us have experienced an 'a-ha' moment that comes from seeing something in an entirely new way that sparks a realization," observed Cyviz CEO Joar Vaage. "Cyviz is thrilled to be opening a facility where 'seeing is believing,' where you can view and touch how new display technologies can allow all manner of information to be visually presented in the size, detail and resolution that fosters the best of collaborative breakthroughs yielding more powerful decisions," he added.
In today's collaborative workspaces, managing and visualizing information in large, ultra-detailed formats are critical for Intelligence analysts, military command and control teams, scientists, and researchers. "NVIDIA has been providing multi-GPU visual computing systems to power large scale visualization walls throughout the world and we're excited that Cyviz has chosen to power its new Technology Center with NVIDIA's flexible, turn-key solutions," said Jeff Brown, general manager, Professional Solutions, NVIDIA. "We look forward to working with Cyviz to increase the visual supercomputing power in all of their centers."
At the new Cyviz Technology Center, five different solutions for how professionals do their best work using high end displays and data visualization will be shown:
-- Cyviz Clusterwall - used in command control centers, news organizations and design facilities, where display walls can be of nearly unlimited size, and projected at the highest resolution in life-size 1:1 scale. Volvo truck designers use Clusterwalls to replicate and stand next to virtual life size trucks as they fine-tune design. A NATO command center uses an 8-meter wide display that combines eight simultaneous data sources, seamlessly projected and controlled through a single computer.
-- Cyviz 4K - a solution that features the highest resolution single projector in the world, offering 80+ megapixel resolution for the next generation of cinema. Currently in use at NASA for earth and space research as well as NSA.
-- Cyviz Vizwall - a large screen conference room application that blends multiple data and image sources through a single computer controller, in 3D stereoscopic vision. Uses include drug discovery teams viewing 3D models of protein molecules, along with simulation software and video conferencing -- providing a powerful collaboration and decision-making platform for team research. Used at the National Library of Medicine (NLM) for the Visual Human Project and for 3-dimenstional modeling and rendering.
-- Cyviz Bizwall - takes group meetings and collaboration in office environments to the next level, allowing a single workstation to manage and display numerous sources simultaneously on super wide, high resolution screens of any dimension. Enables Picture in Picture and stereo 3D viewing. Langley Air Force Base features Bizwalls for executive briefings, collaboration and command analysis.
-- Cyviz C1 - a complete 'sight, sound, and seating' environment for enhanced video teleconferencing and collaborative data-sharing. This turn-key solution fully integrates Cyviz, Tandberg and Bose Professional Systems, including rack with processors, the Cyviz display controller, projection, and furniture.
About Cyviz:
Cyviz is the premium developer and manufacturer of display walls for collaborative environments. With over 10 years of experience, Cyviz has hundreds of installations globally; serving customers in the Defense, Oil & Gas, Manufacturing, and Lifescience industries that seek to improve their information workflow through collaboration for more powerful decision-making. Customers include the Department of Energy, NASA, the United States Air Force, NIH, the NATO Joint Warfare Centre, Lockheed Martin and the Connecticut Center for Advanced Technology.
When the highest quality images are required with an unlimited number of sources, Cyviz responds by delivering resolutions of over 40 Megapixels, 80 Megapixels, or more. Multiple channel images can be front or rear projected on literally any size screen through Cyviz's perfection of Edge Blending Technology to make one seamless image all controlled by a single desktop computer. The new Cyviz Technology Center, Washington, D.C., is located at Two Potomac Yard, 2733 Crystal Drive, Suite 800, Arlington, VA. To RSVP to the opening, register online at www.cyviz.com or contact Rachel Nasr, nasr@cyviz.com, 703-416-7090.
Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=1007333
Contact:
Media Contact:
Joel Greenberg
DCPREmail Contact
202-363-1065
202-669-3639 cell

Photo Release -- Northrop Grumman Names Doug Stitzel Vice President of DOE Programs

NEWPORT NEWS, Va., June 19, 2009 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE:NOC - News) has appointed Doug Stitzel to vice president of Department of Energy (DOE) Programs for the company's Shipbuilding sector. Stitzel is based in Newport News, Va. and reports to Matt Mulherin, sector vice president and general manager.
A photo accompanying this release is available at http://media.globenewswire.com/noc/
"Doug's promotion recognizes the increasing responsibilities and opportunities associated with our Department of Energy nuclear programs," Mulherin said. "His experience, leadership and initiative have proven invaluable to our work with the Savannah River Site and will be instrumental to expanding into other new business opportunities."
Stitzel will also continue to lead Shipbuilding subsidiaries as president and general manager of Newport News Nuclear, Inc. and president of Newport News Industrial Corporation.
Since joining the shipyard in 1966, Stitzel has held various leadership positions in supply chain management, engineering, operations, nuclear engineering and the programs division. He most recently served as director, DOE programs. His experience includes serving as business manager for the submarine and aircraft carrier programs. He also managed business development for the shipyard's West Coast operations and he opened and managed the Washington, D.C. operations.
Prior to joining Northrop Grumman, Stitzel served in the United States Army and was responsible for troop, material and equipment removal from France to the European theater due to the withdrawal of France from NATO. He earned a bachelor's degree from Christopher Newport University. He also holds master's degrees from Golden Gate University and Norfolk State University.
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.
Contact:
Jennifer Dellapenta
Northrop Grumman Shipbuilding
(757) 380-3558
Jennifer.Dellapenta@ngc.com

Bonal International, Inc. Holds Its Own in Challenging Economic Times

Company announces modest net income and earnings for FY ended March 31, 2009
ROYAL OAK, Mich., June 19 /PRNewswire-FirstCall/ -- Bonal International, Inc. (OTC: BONL - News) today announced consolidated financial results for the fiscal year ended March 31, 2009. Despite the challenging economic times in the manufacturing sector, Bonal announced modest net income and earnings. In the year ended March 31, 2009, Bonal International, Inc. posted net sales of $1,696,878 compared to $2,545,923 in 2008. Net income after tax is $30,109 and earnings per share of $0.01, compared to a net income of $523,168 or $0.31 earnings per share last year.
Fourth quarter revenue for Bonal International was $332,618 from $747,917 at March 31, 2008. Bonal posted a slight loss in the fourth quarter net income ($24,178), down from $134,976 last year. Bonal also had a per share quarterly loss of $(0.01) compared to $0.08 last year.
4th Quarter ending March 31, 2009
2009 2008
Revenue $332,618 $747,917
Net income (24,178) 134,976
Earnings per share $(0.01) $0.08
Fiscal Year ending March 31, 2009
2009 2008
Revenue $1,696.678 $2,545,923
Net income 30,109 523,168
Earnings per share $.01 $0.31
"We are pleased that despite the economic downturn Bonal International has stayed in the black for the year," said A. George Hebel, III, chairman and president of Bonal International. "As we move into fiscal year 2010, Bonal's goal is to continue to position the company for growth once the economy recovers."
As the world's leading provider of sub-harmonic vibration technology for metal improvement solutions, Bonal's goal is to help companies keep competitive by reducing operating and energy costs. Bonal's technology helps manufacturers become more "green" or environmentally friendly and lower their carbon footprint while continuing to increase shareholder value. Bonal's patented technology and its product lines Meta-Lax® Stress Relief, Pulse Puddle Arc Welding® (PPAW®) and Black Magic® can help to reduce energy consumption by 98 percent compared to natural-gas-fired heat treatments as shown by research conducted by the U.S. Department of Energy.
2009 Key Accomplishments
Bonal unit sales showed an increase of repeat customers to 34 percent from 25 percent last year. Bonal also maintained foreign sales at 33 percent. Bonal had dollar sales in 42 states and 17 foreign countries. Nearly 90 percent of sales were sold by the in-house sales department.
Bonal International Inc. will hold its annual meeting on Wed., August 5, 2009 for shareholders of record on July 6, 2009 at Bonal's corporate offices in Royal Oak, Mich.
Bonal International Inc. through its wholly owned subsidiary, Bonal Technologies, Inc., is the world's leading provider of sub-harmonic technology for metal improvement solutions with more than 35 years of expertise. Bonal's patented technology and its three product lines: Meta-Lax® Stress Relief, Pulse Puddle Arc Welding® (PPAW®) and Black Magic® for distortion control, are sold in the US and in more than 50 countries. Headquartered in Royal Oak, Mich., Bonal provides a variety of services including consulting, training, program design and metal stress relief services for customers. Bonal's technology helps a variety of industries including aerospace, armament, automotive die casting, engine building, machine tool, mining, petroleum, plastic molding, racing, ship building and welding. More information on Bonal can be found at www.bonal.com or by calling 800-Metal-29.

ATTUS Technologies Introduces WatchDOG(R) WinPro

CHARLOTTE, N.C., June 19 /PRNewswire/ -- ATTUS Technologies, Inc., a pioneer in OFAC and USA PATRIOT Act compliance solutions, introduces, WatchDOG® WinPro. This desktop edition of ATTUS' WatchDOG® Pro features the same advanced functionality as our market leading web-based product for simultaneously cross checking multiple watch lists.
(Logo: http://www.newscom.com/cgi-bin/prnh/20081118/ATTUSLOGO)
WatchDOG(R) WinPro will empower businesses to quickly and easily compare their customer lists against multiple watch lists from the U.S., including OFAC's SDN list, as well as lists from the EU, Asia and other countries. WinPro is equipped with WatchDOG® Pro's signature, advanced name search algorithm and sophisticated matching and disqualification techniques, all of which ensure more accurate results and fewer false positives. In addition, it produces detailed reports indicating the date, customers' names and the outcome of searches which provide an audit trail of all activity.
This desktop compliance product also enables businesses to create "good" and "blocked" customer lists from their search results to reduce the effort needed on future searches. Financial institutions involved in international ACH transactions (IATs) will also benefit from the ability to scan their IATs against OFAC and other watch lists in preparation for new federal IAT rules that go into effect on September 18, 2009.
"Every business is unique and the choice between a web-based or desktop solution depends on the business' individual needs and preferences," said Tom Fedell, president and CEO of ATTUS. "No matter what their access preference, we wanted to make sure clients had the most comprehensive solution available to them for dealing with their OFAC, USA PATRIOT Act, FinCEN and other compliance requirements."
Since 1998, ATTUS has offered innovative solutions for helping clients meet their OFAC compliance, which requires that all U.S. businesses adhere to OFAC's restriction against doing business with sanctioned entities, individuals or countries. "WatchDOG® WinPro is the natural evolution of our goal to provide clients with the most up-to-date and comprehensive compliance solutions that are cost effective, easy to use and on the platform that works for them," summed up Fedell.
About ATTUS Technologies, Inc.
ATTUS Technologies, Inc. is an industry leader in software and services for regulatory compliance, homeland security and fraud prevention. Over 4,000 financial institutions and other clients nationwide use ATTUS' solutions for compliance with the requirements of the Gramm-Leach-Bliley Act (GLBA), the USA PATRIOT Act, the Office of Foreign Assets Control (OFAC), the Financial Crimes Enforcement Network (FinCEN), anti-money laundering regulations, the Bank Secrecy Act (BSA), Regulation CC and Regulation E. ATTUS is based in Charlotte, North Carolina. For more information about ATTUS, visit www.attustech.com.
For more information, contact:
Jalana Ballen,
Marketing Director
888.494.8449,
or info@attustech.com

UPDATE 1-Turkish Air to buy 7 Boeing, 10 Airbus planes

* Announces first purchases under fleet-expansion plan
* Takes fleet of wide-body planes to 37 this year

ISTANBUL, June 19 (Reuters) - Turkish Airlines (THYAO.IS), Turkey's flag carrier, said on Friday it will buy 10 airplanes from Airbus (EAD.PA) and seven from Boeing (B.N) as part of its fleet-expansion plan, aimed at making it a global airline.
The purchases are the first under a plan, announced in October 2008, worth $6 billion at list prices to buy up to 105 planes from the two aircraft makers, according to a company statement.
Of the 10 A330 Airbus planes, three jets are with options, the e-mailed statement said. The Boeing aircraft are B777-300 ER jets, it said.
Turkish Airlines previously said the 105 aircraft include options for 30 planes. The planes will be procured between 2010 and 2012, the statement said.
"The new aircraft ... will bring Turkish Airlines' fleet of wide-body planes to 37 this year," the company's e-mailed statement said.
Turkish Airlines could be in the market for more aircraft, separate from the tender for 105 aircraft, industry sources said at the Paris Air Show this week. [ID:nLF414378]
The airline, one of Europe's fastest growing carriers, bought five Boeing (BA.N) 777 wide-body planes last month that were not part of the main tender, the sources said.
Turkish Airlines also said on Friday that it would lease a B777-300 ER plane from September for 25 months from Delaware Aircraft Lease.
The state-run carrier posted 12.2 percent passenger growth in April, signalling a potential recovery in traffic in the second quarter, after the global industry saw a slowdown amid a worldwide recession.
Its shares rose 1.06 percent to 9.55 lira, bringing gains this year to 79 percent, more than triple the main index's rise. (Writing by Ayla Jean Yackley; Editing by Victoria Bryan)

KUKA Robotics Demonstrates Four Innovative Solutions for the Plastics Industry at NPE 2009

KUKA Robotics Corporation, a leading global manufacturer of industrial robots, announced today it will showcase four innovative solutions for the Plastics Industry at NPE June 22-26 in Chicago, Illinois
On Friday June 19, 2009, 9:44 am EDT
CLINTON TOWNSHIP, Mich. & CHICAGO--(BUSINESS WIRE)--KUKA Robotics Booth # S-39097 will exhibit four innovative and dynamic solutions for the plastics industry in cooperation with the KUKA Robotics System Partner Network.
Flow International Corporation, an Official KUKA Robotics System Partner, will be demonstrating the flexible, space saving, multi-functional KR 16. The KR 16 will be executing dry tool paths of the waterjet process around complex 3D parts with quick change tooling ability to demonstrate milling, drilling, and material handling. The quick tool changing function uses KUKA’s hand teach device, allowing for automatic tool change function and enabling the user to teach a tool path manually using a joystick while utilizing KUKA safe robot technology. The KR16 robotic cell demonstration was designed and supplied by Flow International Corporation.
In a robotic cell designed and supplied by Official KUKA Robotics System Partner, Dyco Inc. the flexible, fast handling KR5 Sixx will be demonstrated utilizing a vision system. The vision system enables the KR5 Sixx to locate and pick random plastic bottles from a moving conveyor belt simulating loading puck carriers. This same solution could be used for material handling to pick random bottles and load cases.
KUKA Robotics will also display a KR5 Arc in a demo cell designed and supplied by Electro-Hydraulic Automation an Official KUKA Robotics System Partner. The demo cell shows the highly versatile KR5 ARC holding an air powered cutting tool to trim and cut holes in plastics parts, simulating the cuts used in vehicle dashboard openings.
KUKA Robotics will display an injection molding extraction cell using the KR5 Sixx. The KR5 Sixx features the flexibility of variable mounting options of floor or ceiling along with fast handling capabilities, will simulate the extraction of medical syringes from an injection molding machine.
The KUKA Robotics System Partner network is designed to mutually benefit each organization’s users by extending the way customers can access tailored solutions from experienced system partners with the major competitive and technological advantage of high precision KUKA robots. The KUKA Robotics System Partner Network includes experienced system builders, system providers, application specialists and expert robot integrators.
KUKA robots are utilized in many different facets of the robotics industry from automotive, aerospace, consumer goods, logistics, food, pharmaceutical, medical, foundry and plastics industries and in multiple applications including material handling, packaging, palletizing, welding and surface finishing. For more information contact KUKA Robotics at 866-873-5852 or visit their website at www.kukarobotics.com.
About the KUKA Robot Group
KUKA Roboter GmbH, Augsburg, is a member of the KUKA Aktiengesellschaft and ranks among the world’s leading suppliers of industrial robots. Core competencies are the development, production and sale of industrial robots, controllers, software and linear units. The company is the market leader in Germany and Europe, and the number three in the world. The KUKA Robot Group employs about 2,200 people worldwide. Of these, 1,200 are employed in Germany, either at the KUKA Robot Group headquarters in Augsburg, or at various subsidiaries. In 2008, sales totaled 474 million euro. Twenty-six subsidiaries provide a presence in the major markets of Europe, America and Asia.
The KUKA logo is a registered trademark of KUKA Roboter GmbH. KUKA, is a trademark of KUKA Roboter GmbH. All other trademarks are owned by their respective companies.
Contact:
KUKA Robotics Corporation
Media Contact
Rebecca Markel
Marketing Manager
Phone: 586-465-8855
rebeccamarkel@kukarobotics.comwww.kukarobotics.com

Orbital to Present at Wachovia's 19th Annual Mid-Year Equity Conference on June 23

On Friday June 19, 2009, 9:42 am EDT
DULLES, Va.--(BUSINESS WIRE)--Orbital Sciences Corporation (NYSE: ORB - News) announced today that its Vice Chairman and Chief Financial Officer Garrett E. Pierce, will make a presentation to investors and analysts at Wachovia’s 19th Annual Mid-Year Equity Conference to be held in Boston on June 23, 2009. Mr. Pierce’s presentation is scheduled to begin at 9:30 a.m. (EDT).
On the day of the conference, Orbital will provide a link to the live audio webcast of the presentation and will post the informational slides that Mr. Pierce will present on the company’s web site at: http://www.orbital.com/Investor/. The slides will be posted prior to the beginning of the live presentation.
About Orbital
Orbital develops and manufactures small- and medium-class rockets and space systems for commercial, military and civil government customers. The company’s primary products are satellites and launch vehicles, including low-Earth orbit, geosynchronous-Earth orbit and planetary spacecraft for communications, remote sensing, scientific and defense missions; human-rated space systems for Earth-orbit, lunar and other missions; ground- and air-launched rockets that deliver satellites into orbit; and missile defense systems that are used as interceptor and target vehicles. Orbital also provides satellite subsystems and space-related technical services to government agencies and laboratories. More information about Orbital can be found at http://www.orbital.com
Contact:
Orbital Sciences Corporation
Public and Investor Relations
Barron Beneski,
703-406-5528
Beneski.barron@orbital.com

Hamilton Sundstrand Awarded Bombardier CSeries Aircraft Electrical Power System

WINDSOR LOCKS, Conn., June 19 /PRNewswire-FirstCall/ -- Bombardier Aerospace has selected Hamilton Sundstrand to supply the electrical power system for the Bombardier CSeries* family of commercial aircraft. Hamilton Sundstrand is a subsidiary of United Technologies Corp. (NYSE: UTX - News).
The Hamilton Sundstrand Electric Power Generation and Distribution System (EPGDS) performs power generation, power distribution and load management functions for the CSeries aircraft.
The EPGDS generates electrical power via two variable frequency generators and provides necessary interfaces with avionics and member systems to convey data and serve embedded utility loads throughout the aircraft. The EPGDS provides secondary load management through its five secondary power distribution assemblies, which receive alternating or direct current (AC/DC) power inputs from power centers, then manage and distribute the power to load equipment. Hamilton Sundstrand also provides emergency power, via an electric air-driven generator.
"Hamilton Sundstrand is proud to play a key role with Bombardier in the CSeries aircraft program," said Joe Triompo, president, Hamilton Sundstrand Aerospace Power Systems. "Our experience and proven systems integration capabilities will be instrumental in supporting Bombardier's performance and operating cost objectives for this new commercial family of aircraft."
Hamilton Sundstrand projects the program value to be in excess of $2 billion over the life of the program.
The Electrical Power System for the CSeries aircraft will be primarily designed and manufactured in Hamilton Sundstrand's Rockford, Ill., facility.
Bombardier also recently selected Kidde Aerospace & Defense, a subsidiary of Hamilton Sundstrand, to supply the CSeries aircraft's integrated fire protection system. Hamilton Sundstrand was previously selected by Pratt & Whitney to provide the control system -- including the electronic, fuel, pneumatic and thermal management systems -- for its PurePower(TM) family of engines for the Bombardier CSeries aircraft.
With 2008 revenues of $6.2 billion, Hamilton Sundstrand employs approximately 18,000 people worldwide and is headquartered in Windsor Locks, Conn. Among the world's largest suppliers of technologically advanced aerospace and industrial products, the company designs, manufactures and services aerospace systems and provides integrated system solutions for commercial, regional, corporate and military aircraft. It also is a major supplier for international space programs.
United Technologies Corp., based in Hartford, Conn., is a diversified company providing high technology products and services to the building and aerospace industries worldwide.
This release includes "forward looking statements" concerning business opportunities and other matters that are subject to risks and uncertainties. Important factors that could cause actual results to differ materially from those anticipated or implied in forward looking statements include changes in economic conditions and airline flight hours; challenges in the design, development, production and support of advanced technologies and new products; and delays and disruption in delivery of materials and services from suppliers. For information identifying other important legal, technological, competitive and other uncertainties, see UTC's SEC filings as submitted from time to time, including but not limited to, the information included in UTC's 10-K and 10-Q Reports under the headings "Business," "Risk Factors," "Management's Discussion and Analysis of Financial Condition and Results of Operations" and "Cautionary Note Concerning Factors that May Affect Future Results," as well as the information included in UTC's Current Reports on Form 8-K.
*CSeries is a trademark of Bombardier Inc. or of its subsidiaries.
www.hamiltonsundstrand.com
Contact: Dan Coulom
860-654-3469
Colleen Carroll
815-226-5428
Buzz up!

A400M nations split over conditions for new talks

PARIS, June 19 (Reuters) - European nations are divided over conditions for a new round of talks on the delayed A400M military plane and are racing to break deadlock ahead of a ministerial meeting on Monday, sources following the matter said on Friday. After threatening to pull out of the 20 billion euro Airbus project, Britain has signalled commitment in principle to the military transporter but has put forward financial conditions that other partners are unlikely to accept, the sources said. "Britain has made a two-fold financing proposal which is highly unlikely to be acceptable," a source familiar with the project said.
Details of the proposals were under wraps, but a British military source defended them as a "sign of commitment and pragmatism".
The A400M transport plane is designed to carry troops and equipment to combat zones like Afghanistan but has been delayed about four years. Facing losses on the plane, Airbus parent EADS (EAD.PA), has asked for a renegotiation of the contract.
Buyers agreed a three-month moratorium preventing either side from taking drastic action over the project but this expires at end-June with no sign of a common forward.
Defence ministers from the seven European NATO nations that ordered the plane -- Britain, France, Germany, Spain, Belgium, Luxembourg and Turkey -- meet in Spain on Monday to decide whether to extend the moratorium.
France and Germany last week backed the A400M and called for a further freeze of six months to allow more negotiations.

Sparton Corporation Receives an Extension of Its Credit Facility

On Friday June 19, 2009, 9:01 am EDT
JACKSON, Mich.--(BUSINESS WIRE)--Sparton Corporation (NYSE: SPA - News) today announced that the terms of its Line of Credit Loan Documents with National City Bank were amended to extend the maturity date of the Promissory Note from June 15, 2009, to August 15, 2009, as due diligence activities continue with a prospective lender with respect to a potential replacement facility. The Company also ratified and confirmed its obligations and liability to the lender under the Line of Credit Loan Documents pursuant to the Amendment. Details of the extension are outlined in the Company’s Current Report on Form 8-K, which was filed today with the Securities and Exchange Commission.
About Sparton Corporation
Sparton Corporation (NYSE:SPA - News) now in its 109th year, is a broad-based provider of electronics to technology-driven companies in diverse markets. The Company provides its customers with sophisticated electronic and electromechanical products through prime contracts and through contract design and manufacturing services. Headquartered in Jackson, Mich., Sparton currently has five manufacturing locations worldwide. The Company's Web site may be accessed at http://www.sparton.com.
Safe Harbor and Fair Disclosure Statement
Certain statements described in this press release are forward-looking statements within the scope of the Securities Act of 1933, as amended (the “Securities Act”), and the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Forward-looking statements may be identified by the words “believe,” “expect,” “anticipate,” “project,” “plan,” “estimate,” “will” or “intend” and similar words or expressions. These forward-looking statements reflect Sparton’s current views with respect to future events and are based on currently available financial, economic and competitive data and its current business plans. Actual results could vary materially depending on risks and uncertainties that may affect Sparton’s operations, markets, prices and other factors. Important factors that could cause actual results to differ materially from those forward-looking statements include, but are not limited to, Sparton’s financial performance and the implementations and results of its ongoing strategic initiatives. For a more detailed discussion of these and other risk factors, see Part I, Item 1A, Risk Factors and Part II, Item 7, Management’s Discussion and Analysis of Financial Condition and Results of Operations, in Sparton’s Form 10-K for the year ended June 30, 2008, and its other filings with the Securities and Exchange Commission. Sparton undertakes no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law.
Contact:
Dick Pacini
The Millerschin Group
248/276-1970
Cell: 248/770-6446
dpacini@millerschingroup.com

Photo Release -- Northrop Grumman's Apopka Facility Announces Recipients of Annual Engineering Scholars Awards

On Friday June 19, 2009, 8:00 am EDT
APOPKA, Fla., June 19, 2009 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE:NOC - News) today announced two local recipients of its Northrop Grumman Engineering Scholars program, which will provide them a total of $20,000 in college scholarships this fall.
Photos accompanying this release are available at: http://media.globenewswire.com/noc/
Michelle Kwon from Apopka Senior High School and Aaron Fan from Ocoee High School were the recipients of this year's merit-based Northrop Grumman scholarship. Each student received a total of $10,000.
"Northrop Grumman has a continuing need for engineers to ensure the success of our business. We were very impressed with the credentials of these two young aspiring engineers and we are extremely pleased to be able to help them achieve future educational goals," said Gordon Stewart, vice president and general manager of the company's Laser Systems unit. "We received a large number of exceptional applications, which made the selection process very challenging for our review committee. In the end, these two hard-working, high-achieving students were outstanding choices."
The scholarship program is aimed at supporting promising high school seniors who intend to pursue a career in an engineering-related field. Candidates must plan to attend an accredited college or university as a full-time student in an approved engineering curriculum. The funds can be used for tuition, books, lodging and meals.
A committee of Northrop Grumman Laser Systems business unit employees selected the Engineering Scholars winners. To be eligible, each scholarship applicant had to be a resident of Orange or Seminole County and a graduating senior this spring from a public or accredited private high school in the state. Applicants also had to meet minimum SAT/ACT and GPA requirements.
Northrop Grumman is a significant financial and in-kind contributor to educational outreach programs aimed at encouraging young people to consider engineering and science-related career fields. The company's Laser Systems business unit provides mentors and tutors to area schools, and supports Engineering Student Day and Engineering Futures Forum, which are programs designed to excite student interest in engineering, math and science.
Further information about the Northrop Grumman Engineering Scholars program is available via the Internet at: http://www.es.northropgrumman.com/engscholars/.
Northrop Grumman Laser Systems business unit is one of the world's leading manufacturers of military Electro-Optical (EO) targeting systems. These include ground-based (man-portable, handheld, and vehicle mounted) EO imaging/ranging systems for target location, laser designators/markers for precise guidance of smart munitions, and airborne laser rangefinders and designators fielded onboard many of the world's most sophisticated manned and unmanned aircraft.
Northrop Grumman Corporation is a global defense and technology company whose 120,000 employees provide innovative systems, products, and solutions in information and services, electronics, aerospace and shipbuilding to government and commercial customers worldwide.
Contact:
Mark Blackington
Northrop Grumman Electronic Systems
(321) 354-3790
mark.blackington@ngc.com