OM Group to Acquire Advanced Battery Manufacturer EaglePicher Technologies, LLC for $171.9 Million

-- Profitable EaglePicher Would Expand OMG's Portable Power Growth Platform --

-- Deal Enhances OMG's Presence in Fast-Growing Battery, Battery Materials Markets --

CLEVELAND, Dec. 23 /PRNewswire-FirstCall/ -- OM Group, Inc. (NYSE: OMG) today announced that it has signed a definitive agreement to purchase EaglePicher Technologies LLC, (EaglePicher) a wholly owned subsidiary of EaglePicher Corporation for $171.9 million.
Based in Joplin, MO, EaglePicher is a leader in designing and manufacturing batteries, battery management systems and energetic devices for the defense, aerospace and medical industries. For more than 50 years, the company has provided a broad product line of technically differentiated, high-performance products and solutions to industry leading corporations. EaglePicher is also actively pursuing opportunities that would leverage its advanced power storage technologies to serve the rapidly growing alternative energy market.
In fiscal year 2009, EaglePicher recorded revenues of approximately $125 million, of which approximately 60 percent came from its defense business, approximately 31 percent from its aerospace business and the balance from its medical and other businesses.
"The proposed acquisition of EaglePicher is a logical extension of our portable power platform and is another excellent example of the type of acquisition we seek to transform our business model," said Joseph M. Scaminace, OM Group's chairman and chief executive officer. "Similar to the enhanced market position we've created for OMG in other key segments through our transformation strategy, we believe EaglePicher will provide us a strong and profitable base from which we can accelerate our growth in battery materials."
According to Scaminace, "As we went through our deliberate evaluation process, there were several critical factors that clearly established EaglePicher as a priority, including its recognized leadership position in profitable, established end markets; its strong and enduring customer relationships; and its broad R&D and technical expertise in sophisticated battery systems and a wide range of battery chemistries that will allow it to pursue emerging, high-growth markets.
"With EaglePicher, OM Group would not only balance its portfolio of high-quality, value-added materials with world-class, market-facing technologies, but would create an effective channel through which we could bring our various materials closer to the end user. As we have stated many times in the past when discussing our transformational strategy, migrating our materials forward along the value chain is a critical component of long-range growth imperative. With the help of Randy Moore, EaglePicher's president, and his experienced and talented team, we believe we have taken a significant step forward towards this goal."
The proposed transaction, which is subject to customary closing conditions, is expected to close by the middle of the first quarter of 2010. The transaction will be funded by OMG's existing cash and credit facility.
About EaglePicher
EaglePicher Technologies, LLC is the leading producer of batteries and energetic devices for the defense, space and commercial industries, and provides the most experience and broadest capability in battery electrochemistry of any battery supplier in the United States. EaglePicher Technologies offers a wide range of battery technology including thermal, nickel hydrogen, lithium carbonmono-fluoride, lithium thionyl chloride, lithium manganese dioxide, lithium sulfur dioxide, lithium ion, reserve lithium oxyhalide, custom battery assemblies and silver zinc batteries. It also provides other energy products and pyrotechnic devices for the defense industry, as well as advanced battery chargers and other power solutions for business, industrial and recreational applications.
About OM Group, Inc.
OM Group, Inc. is a diversified global developer, producer and marketer of value-added specialty chemicals and advanced materials that are essential to complex chemical and industrial processes. Key technology-based end-use applications include affordable energy, portable power, clean air, clean water, and proprietary products and services for the microelectronics industry. Headquartered in Cleveland, Ohio, OM Group operates manufacturing facilities in the Americas, Europe, Asia and Africa. For more information, visit the company's Web site at http://www.omgi.com/.
FORWARD-LOOKING STATEMENTS
The foregoing discussion may include forward-looking statements for purposes of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based upon specific assumptions and are subject to uncertainties and factors relating to the company's operations and business environment, all of which are difficult to predict and many of which are beyond the control of the company. These uncertainties and factors could cause actual results of the company to differ materially from those expressed or implied in the forward-looking statements contained in the foregoing discussion. Such uncertainties and factors include: the potential impact that the current global economic and financial market crisis may have on our business and operations, including future goodwill impairments; the direction and pace of our strategic transformation, including identification of and the ability to finance potential acquisitions; the successful acquisition of EaglePicher Technologies, LLC and integration of those operations; the operation of our critical business facilities without interruption; the speed and sustainability of price changes in cobalt; the potential for lower of cost or market write-downs of the carrying value of inventory necessitated by decreases in the market price of cobalt or the selling prices of the Company's finished products; the availability of competitively priced supplies of raw materials, particularly cobalt; the demand for metal-based specialty chemicals and products in the Company's markets; the impact of environmental regulations on our operating facilities and the impact of new or changes to current environmental, health and safety laws on our products and their use by our customers; the effect of fluctuations in currency exchange rates on the Company's international operations; the effect of non-currency risks of investing and conducting operations in foreign countries, including political, social, economic and regulatory factors; the effect of changes in domestic or international tax laws; and the general level of global economic activity and demand for the Company's products.

Boeing gets $750 mln US Air Force B-52 bomber contract

WASHINGTON, Dec 24 (Reuters) - Boeing Co (BA.N) has won a $750 million U.S. Air Force contract for modernization and maintenance of the Boeing-built B-52 Stratofortress bomber's weapons system, the Defense Department said Thursday. *The nuclear weapons capacity includes 12 ACMSs, 20 ALCMs and eight bombs.
The B-52, dubbed BUFF for Big Ugly Fat Fellow, first entered combat in 1965 over Southeast Asia during the Vietnam War. (Reporting by Jim Wolf; Editing by Gary Hill)

Oshkosh Defense Awarded $54 Million Delivery Order for M-ATV Armor Kits

OSHKOSH, Wis.-- December 24, 2009,(BUSINESS WIRE)--Oshkosh Defense, a division of Oshkosh Corporation (NYSE:OSK - News), has received an order valued at more than $54 million from the U.S. Army Tank-automotive and Armaments Command Life Cycle Management Command (TACOM LCMC) to supply more than 970 add-on protection kits for the MRAP All-Terrain Vehicle (M-ATV).
Under the delivery order, Oshkosh will supply more than 170 explosively formed penetrator (EFP) kits through April 2010 and 800 rocket-propelled grenade (RPG) kits through May 2010. To date, Oshkosh has received awards valued at $3.52 billion to deliver 6,619 M-ATVs, as well as spare kits and aftermarket in-theater support.
“The M-ATV provides exceptional protection capabilities for our U.S. Armed Forces in Afghanistan, and these add-on armor kits will only further improve upon those capabilities,” said Andy Hove, Oshkosh Corporation executive vice president and president, Defense. “A flexible design and advanced independent suspension system allows the vehicle to take on additional payloads, including add-on armor upgrades.”
Oshkosh Defense teamed with Plasan North America to provide an advanced armor solution for the M-ATV. Plasan also developed the armor system used on more than 5,000 legacy MRAPs and thousands of Oshkosh Medium Tactical Vehicle Replacement (MTVR) Armored Cabs already in theater.
The M-ATV uses the Oshkosh-patented TAK-4® independent suspension system to provide superior off-road mobility as well as support vehicle upgrades, such as heavier armor. The system, which has undergone more than 500,000 miles of government testing, provides 16 inches of independent wheel travel and helps the vehicle achieve a 70-percent off-road profile capability to negotiate harsh cross-country terrain and unimproved roads.
Existing Oshkosh facilities have the capacity, highly skilled workforce and proven manufacturing capability to deliver the M-ATV and vehicles for all other Army and Defense programs, including the Family of Medium Tactical Vehicles (FMTV), as well as any surges in production.
About Oshkosh Defense
Oshkosh Defense, a division of Oshkosh Corporation, is an industry-leading global designer and manufacturer of tactical military trucks and armored wheeled vehicles, delivering a full product line of conventional and hybrid vehicles, advanced armor options, proprietary suspensions and vehicles with payloads that can exceed 70 tons. Oshkosh Defense provides a global service and supply network including full life-cycle support and remanufacturing, and its vehicles are recognized the world over for superior performance, reliability and protection. For more information, visit www.oshkoshdefense.com.
About Oshkosh Corporation
Oshkosh Corporation is a leading designer, manufacturer and marketer of a broad range of specialty access equipment, commercial, fire & emergency and military vehicles and vehicle bodies. Oshkosh Corp. manufactures, distributes and services products under the brands of Oshkosh®, JLG®, Pierce®, McNeilus®, Medtec®, Jerr-Dan®, Oshkosh Specialty Vehicles, Frontline™, SMIT™, CON-E-CO®, London® and IMT®. Oshkosh products are valued worldwide in businesses where high quality, superior performance, rugged reliability and long-term value are paramount. For more information, log on to www.oshkoshcorporation.com.
®, ™ All brand names referred to in this news release are trademarks of Oshkosh Corporation or its subsidiary companies.
Forward-Looking Statements
This press release contains statements that the Company believes to be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact, including, without limitation, statements regarding the Company’s future financial position, business strategy, targets, projected sales, costs, earnings, capital expenditures, debt levels and cash flows, and plans and objectives of management for future operations, are forward-looking statements. When used in this press release, words such as “may,” “will,” “expect,” “intend,” “estimate,” “anticipate,” “believe,” “should,” “project” or “plan” or the negative thereof or variations thereon or similar terminology are generally intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, assumptions and other factors, some of which are beyond the Company’s control, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include risks related to the required increase in the rate of production for the M-ATV contract and the amount, if any, of additional orders for M-ATVs that the Company may receive; the cyclical nature of the Company’s access equipment, commercial and fire & emergency markets, especially during a global recession and credit crisis; the duration of the global recession, which could lead to additional impairment charges related to many of the Company’s intangible assets; the expected level and timing of U.S. Department of Defense procurement of products and services and funding thereof, including the outcome of the formal protests of the Family of Medium Tactical Vehicles (FMTV) award to the Company; risks related to reductions in government expenditures and the uncertainty of government contracts; the consequences of financial leverage associated with the JLG acquisition, which could limit the Company’s ability to pursue various opportunities; risks related to the collectability of receivables during a recession, particularly for those businesses with exposure to construction markets; risks related to production delays as a result of the economy’s impact on the Company’s suppliers; the potential for commodity costs to rise sharply, including in a future economic recovery; risks associated with international operations and sales, including foreign currency fluctuations; and the potential for increased costs relating to compliance with changes in laws and regulations. Additional information concerning these and other factors is contained in the Company’s filings with the Securities and Exchange Commission. All forward-looking statements speak only as of the date of this press release. The Company assumes no obligation, and disclaims any obligation, to update information contained in this press release.
Contact:
Oshkosh Corporation
Financial: Patrick Davidson
Vice President, Investor Relations
920.966.5939or
Media: Ann Stawski
Vice President, Marketing Communications
920.966.5959

TASC Part of Team Awarded Contract to Provide Technical and Engineering Support to the FAA's Aviation Weather Office

Former Northrop Grumman subsidiary has supported FAA for over 20 years
CHANTILLY, Va., Dec. 24 /PRNewswire/ -- TASC Inc. is part of a team that has been awarded the Aviation Weather Office contract by the Federal Aviation Administration, improving detection, forecasting, integration, and dissemination of weather information to reduce the impact of weather on Next Generation Air Transportation System operations.
TASC is a subcontractor to Basic to Commerce and Industry, Inc. (BCI) on this award. The company's portion of the contract has a total potential value of $5 million over a five year period.
"We have a well-established working relationship with the FAA and have been successfully providing it support over 20 years," said Pamela Drew, vice president of enterprise systems for TASC Inc. "This win capitalizes on the company's experience supporting sustainment and modernization weather programs."
Under the contract, TASC will provide technical and acquisition services to support program management, systems engineering, performance management, and implementation of the Air Traffic Organization (ATO)-Planning weather programs.
The FAA Weather Office Contractor Support Team, lead by BCI, Moorestown, N.J., consists of TASC Inc., ITT Industries, Inc., White Plains, N.Y.; Data Transformation Corporation (DTC), Silver Spring, Md.; and Engility, Billerica, Mass. Work on the contract will take place primarily in Washington, D.C. and the William J. Hughes Technical Center in Atlantic City, N.J.
About TASC
TASC is a premier provider of advanced systems engineering and advisory services across the Intelligence community, Department of Defense and civilian agencies of the federal government. For more than 40 years, we have partnered with our customers toward one goal—the success of their missions. TASC's broad portfolio of services includes cyber security; advanced concept and technology development; enterprise engineering and integration; program, financial and acquisition management; system/policy studies and analysis; test and evaluation; and program protection engineering. For more information, visit our website at www.tasc.com .
CONTACT
DeeAnn Connors
(703) 653-5752
DeeAnn.Connors@TASC.com

All Nippon Airways, Continental, and United Apply to U.S. DOT for Approval of Antitrust Immunity & Trans-Pacific Joint Venture

TOKYO and HOUSTON, TX and CHICAGO, IL--December 24, 2009, (Marketwire - 12/24/09) - All Nippon Airways, Continental Airlines (NYSE:CAL - News), and United Airlines (NASDAQ:UAUA - News) today filed an application with the U.S. Department of Transportation for antitrust immunity to enable the three carriers to create a more efficient and comprehensive trans-Pacific network, generating substantial service and pricing benefits for consumers.
The trans-Pacific joint venture -- the first of its kind between the U.S. and Asia -- also would enable ANA, Continental, and United to compete more effectively with other global alliances, each of which has a significant presence in Tokyo.
Upon DOT approval of the companies' immunity application, ANA, Continental, and United will be able to jointly manage trans-Pacific activities including scheduling, pricing and sales, offering customers a greater selection of routings and a wider range of fare and service options.
"By making this closer cooperation between our partner airlines, we will be able to strengthen our trans-Pacific network and improve our services," said Shinichiro Ito, President and CEO of ANA. "We are looking forward for our application to be approved, which will create greater convenience for our valued customers," he added.
"Our network of service to nine Japanese cities will be enhanced by giving our customers more options for using our flights in conjunction with United and ANA for trips both within the region as well as on trans-Pacific routes," said Larry Kellner, Continental's chairman and chief executive officer.
"This joint venture, coupled with the recently announced open skies agreement between the U.S. and Japan, will significantly enhance our ability to serve customers in Japan and throughout Asia and offer new choice and convenience for customers," said Glenn Tilton, United's chairman and chief executive officer.
The Department of Transportation granted antitrust immunity to United and Continental in July 2009, enabling the two carriers to coordinate schedules and fares for services outside the United States.
To view the full text of this press release go to http://www.ana.co.jp/ir/
Contact:
ANA Public Relations
+81-(0)3-6735-1111

Harris Corporation Technology to Modernize Air Traffic Control Communications Throughout the Philippines

Advanced Adapter Provides Interoperability with Legacy Radios on Remote Islands
GATINEAU, Quebec, December 23, 2009, /PRNewswire-FirstCall/ -- Air traffic control and radio communications technology from Harris Corporation (NYSE: HRS) will provide critical air-to-ground and ground-to-ground digital communications services for a new Manila Area Control Center in the Philippines – connecting it with remote sites throughout the 7,000-island nation.
The Harris® Liberty-STAR™ Voice Communication and Control System (VCCS) will improve communications between the Area Control Center controllers and aircraft en route and on the ground. Also, the Harris Integrated Radio Equipment and Network Adapter (IRENA), which can emulate virtually any radio link, will enable communications to isolated areas – where digital services are sparse and reliance on legacy links and older analog technology is required. The contract marks the first international sale of the IRENA system.
"The Civil Aviation Authority of the Philippines will realize significant flexibility and cost savings, since it won't have to replace the entire communications infrastructure as network standards evolve," said John O'Sullivan, vice president of Mission Critical Networks for Harris Corporation. "Operators can continue to communicate using their legacy radio equipment and upgrade when they choose to do so. This contract reflects our continued success in modernizing global air traffic control operations."
The Liberty-STAR VCCS uses a modular architecture with open-platform software and commercial-off-the-shelf hardware. This technology delivers a reliable, scalable solution for air traffic control (ATC) towers, area control dispatch, airline dispatch, flight service stations, ATC simulators and mobile shelters.
IRENA was designed to multiplex voice and data signals transmitted between air traffic management facilities and local or remote radios over standard telecommunications links. It can be used with any voice communication and control system and with all ATM radios. This adapter provides interfaces for digital voice, legacy analog voice, SatCom, datalink, ADS-B, TIS-B, FIS-B and other data services.
Harris/SolaCom ATC Solutions and its partner, Speer Technologies Corporation, will deliver, install and integrate the communications system. It includes eight IRENAs, 16 touch-screen operator positions, 20 radio interfaces, 20 telephone interfaces and 10 Jotron VHF Multimode Digital Transceivers. The contract also covers operation and maintenance training for controllers and technical staff.
Harris/SolaCom ATC Solutions is a leading provider of mission-critical communications products and services for civil and military air traffic control applications. Located in Canada's national capital region, Harris/SolaCom combines customized, innovative solutions with proven technical expertise to provide robust, reliable communications solutions used by more than 200 customers in more than 40 countries.
About Harris Corporation
Harris is an international communications and information technology company serving government and commercial markets worldwide. Headquartered in Melbourne, Florida, the company has approximately $5 billion of annual revenue and more than 15,000 employees — including nearly 7,000 engineers and scientists. Harris is dedicated to developing best-in-class assured communications® products, systems, and services. Additional information about Harris Corporation is available at www.harris.com.

United Kingdom Announces Approval of Third F-35B Joint Strike Fighter Purchase

FORT WORTH, Texas, Dec. 22 /PRNewswire-FirstCall/ -- The Joint Combat Aircraft (JCA) program has announced that the United Kingdom has received financial approval to purchase its third Lockheed Martin (NYSE: LMT) F-35B Lightning II operational test aircraft, reinforcing the U.K.'s continued commitment to the Joint Strike Fighter program's upcoming Operational Test and Evaluation (OT&E).
"The U.K. this week received financial approval to go ahead and purchase the third U.K. STOVL OT&E aircraft that is planned within LRIP 4. Given the extremely tight financial climate in the U.K. government and the consequent impact across public spending, especially defence, this is a significant achievement," said Air Commodore Graham Farnell, the U.K.'s Joint Combat Aircraft Team head. "I believe it reflects well upon the JSF program and it is a measure of the confidence that the U.K. has in both the F-35 Lightning II and the program to deliver this capability."
This approval follows recent F-35 down-select or procurement commitments by Australia, Norway, the Netherlands, Italy and the United States. The strength of the F-35 business case has enabled program suppliers to obtain the capital financing needed to recapitalize the industrial base and produce the F-35 in high quantities over the next 30 years.
"The United Kingdom's participation in F-35 Operational Test and Evaluation, and the associated commitment to purchase F-35s in early production lots, help ensure production stability as we move from the current assembly rate of one aircraft per month to our goal of one per day," said Matt Maxwell, Lockheed Martin director for F-35 Low Rate Initial Production.
The U.K. has invested $2 billion in the F-35's development – the largest contribution among the program's eight partner nations. More than 100 British companies are involved in the program, including BAE Systems, which produces the aircraft's aft fuselage and tails; Rolls-Royce, developer and manufacturer of the shaft-driven lift fan and other propulsion components for the F-35B STOVL variant; and Martin Baker, maker of the jet's ejection seats.
The F-35 is a supersonic, multi-role, 5th generation stealth fighter. Three variants derived from a common design, developed together and using the same sustainment infrastructure worldwide, will replace aircraft in at least 13 services for nine nations initially, making the Lightning II the most cost-effective fighter program in history.
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

Research and Markets: The Worldwide Industry & Regional Market Opportunities with Forecasts to 2015 for Active Electronically-Scanned Array Radars

Research and Markets: The Worldwide Industry & Regional Market Opportunities with Forecasts to 2015 for Active Electronically-Scanned Array Radars (AESAs) Update Report
DUBLIN--December 22, 2009, (BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/67fdb5/the_worldwide_indu) has announced the addition of the "The Worldwide Industry & Regional Market Opportunities with Forecasts to 2015 for Active Electronically-Scanned Array Radars (AESAs) Update Report" report to their offering.
AESAs2 comprises an extensive and intensive report providing detailed information on the current status and (most importantly) forecast shipments and RF component market values in AESAs. AESAs2 is the updated report based strongly on the authors first report on this subject, released in 2007. Major new developments have occurred or are on the visible horizon, necessitating the generation of this update report. Active, electronically steered arrays (AESAs) are increasingly being implemented into (mainly military) systems currently and there is substantial mileage for important new developments. For some decades the potential advantages have been well known in terms of having a radar beam that could be scanned at orders-of-magnitude faster rates than available mechanically.
In earlier instances the fundamental high-power signal for phased arrays was obtained from a microwave tube source such as a TWT the output of which was separated to feed typically some tens through hundreds of individual antenna elements. The advent of MMICs for both transmit and also for receive functions has transformed the technology and functionality associated with such arrays. Therefore, with this updated report, we are concentrating exclusively on AESAs. Demand for radars is steadily increasing-both commercial and (especially) military. The "War against Terrorism" and the campaigns in both Afghanistan and Iraq have continued to drive upwards electronics requirements in defense and security applications. This applies to airborne, battlefield, naval and space-based radars. In this report we cover in depth a study of the various types of AESAs, their production and developmental status, specific examples of airborne, shipboard/naval, land-based, and space-based phased array radars (SBRs). We also include a study of the components and subsystems used in such arrays and provide competitive assessments of key players in this industry-including the systems integrators and principal consortium members. Major examples are: EADS Defence Electronics, Galileo Avionica, INDRA, Israel Aerospace Industries (IAI), Northrop Grumman, Raytheon Company, Saab Microwave Systems, SELEX Sensors & Airborne Systems-and Thales.
Underlying technology and impacts.
Bearing in mind the importance in this segment of RF/microwave amplifiers and signal sources, specifically the modular products providing these functions, appropriate technologies are also considered from time to time in this report. This particularly includes the semiconductors GaAs, GaN, InP and SiC and transmit-receive modules (TRMs) implementing MMICs built using selected chip-sets comprising these semiconductor materials.
Examples of references consulted for updated information include, mainly on the supply-side: exhibition-originated data (e.g. MTT-S 2008), on-going issues of the Microwave Journal, Microwaves & RF and Microwave Product Digest. On the Demand Side magazines such as Aviation Week & Space Technology and Janes Defense Review are regularly consulted. Important useful web links include: Military & Aerospace Electronics, Microwave Flash and RF Globalnet. Most importantly, regular contact is maintained with appropriate industry executives.
Key Topics Covered:
*Front page and Introductory Portion.
*Executive Summary.
*ES.1 Introduction.
*SECTION 1. What is an AESA?
*SECTION 2. A Selection of End-User Platforms
*SECTION 3. AESAs Currently in Production
*SECTION 4. Current and On-coming Technologies
*SECTION 5. Key AESA Systems Supply Side
*SECTION 6. Shipments, Prices and Monetary Values Forecasts
*SECTION 7. Supply Chains
*SECTION 8. Directory of Main AESA Players
*SECTION 9. Directory of Prime Contractors
*Appendix A Glossary of Acronyms
For more information visit http://www.researchandmarkets.com/research/67fdb5/the_worldwide_indu
Contact:
Research and Markets
Laura Wood, Senior Manager,
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

BAE Systems Equips U.S. Army Helicopters with Infrared Countermeasures

NASHUA, N.H.-- December 22, 2009, (BUSINESS WIRE)--BAE Systems has successfully installed the Advanced Threat Infrared Countermeasures (ATIRCM) system on U.S. Army CH-47D Chinook aircraft. The ATIRCM system is a laser-based, directable countermeasures system that protects helicopters against attack by missiles.
The ATIRCM system and AAR-57 Common Missile Warning System greatly enhances overall aircraft survivability against current and evolving threats. Its installation follows a series of rigorous qualification, field, and flight tests. (A U.S. Army CH-47D Chinook, equipped with BAE Systems' ATIRCM system, dispenses flares during recent flight tests. (Photo: Business Wire)) The first systems were installed ahead of the Dec. 15 deadline for the Army’s ATIRCM quick-reaction capability program.
“Our team delivered on its promises,” said Jim Crouch, vice president and general manager of Survivability and Protection Solutions for BAE Systems. “This system will sense, process, and respond to the threats these crews face every day, and it will save lives.”
About BAE Systems
BAE Systems is the premier global defense, security and aerospace company delivering a full range of products and services for air, land and naval forces, as well as advanced electronics, security, information technology solutions and customer support services. With approximately 105,000 employees worldwide, BAE Systems' sales exceeded £18.5 billion (US $34.4 billion) in 2008.
Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6126167&lang=en
MULTIMEDIA AVAILABLE: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6126167
Contact:
BAE Systems
Matthew C. Bates,
+1 603-885-4558
Mobile: +1 603-318-6521
matthew.bates@baesystems.com
or
Susan Lenhardt,
+1 301-838-6907
Mobile: +1 703-850-1621
susan.lenhardt@baesystems.com
www.baesystems.com

U.S. Army fires TALON Laser-Guided Rocket Rounds from OH-58D Kiowa Warrior

Demonstration addresses urgent U.S. Army operational need

EGLIN AIR FORCE BASE, Fla., Dec. 22, 2009 /PRNewswire/ -- The U.S. Army fired two TALON Laser-Guided Rocket guided test vehicle rounds during the Aviation Multi-Platform Munition Demonstration.
TALON LGR is a cooperative development effort between Raytheon Company (NYSE: RTN) and Emirates Advanced Investments of the United Arab Emirates.
The TALON LGR rounds were launched from a U.S. Army OH-58D Kiowa Warrior and hit targets at 3,500 meters (2.17 miles). This exceeded accuracy requirements for the Department of Defense's Advanced Precision Kill Weapon System II program.
"In September, the U.S. Army clearly stated the need for a guided munition capable of being launched from the OH-58D Kiowa Warrior," said Dr. Taylor W. Lawrence, Raytheon Missile Systems president. "TALON LGR can meet that operational need. U.S. forces will be able to obtain a fully qualified laser-guided rocket that meets or exceeds all the guided 70 mm rocket requirements without expending tens of millions of dollars in research, evaluation and testing."
The TALON LGR is a low-cost, semi-active laser guidance and control kit that connects directly to the front of the legacy 2.75-inch unguided rockets fired from the OH-58D Kiowa Warrior. It requires no software or hardware modifications to the launcher or aircraft platform and can be fired from any aircraft that fires 2.75-inch unguided rockets.
"LGR is a highly reliable precision rocket solution for a variety of fixed- and rotary-wing platforms," said Hussain Al Hammadi, EAI's chief executive officer. "The success of this demonstration further proves the TALON LGR will provide warfighters with a precision capability they've never had before."
TALON LGR fills the critical operational capability gap between unguided rockets and guided, heavy anti-tank missiles.
"This year's small-guided munition demonstration is critical because we're exploring options to provide precision-guided capabilities to our combatant commanders in Iraq and Afghanistan," said Col. Michael Cavalier, Joint Attack Munitions Systems project manager. "This demonstration has given us a better understanding of our options with regard to developing a precision-guided weapon that can be launched from a Kiowa Warrior."
EAI continues to be the region's leader in providing modernized defense capabilities to the United Arab Emirates.
Raytheon Company, with 2008 sales of $23.2 billion, is a technology and innovation leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 87 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as a broad range of mission support services. With headquarters in Waltham, Mass., Raytheon employs 73,000 people worldwide.

Contact:
Jaclyn Gutmann
520.545.8428 (office)

781.879.2789 (cell)

Jaclyn_E_Gutmann@raytheon.com

Heather Uberuaga
520.665.5594 (office)
520.891.8421 (cell)
uberuaga@raytheon.com

Textron Marine & Land Systems Contracted to Build 27 Additional Armored Knight Vehicles

NEW ORLEANS--December 22, 2009, (BUSINESS WIRE)--Textron Marine & Land Systems, an operating unit of Textron Systems, a Textron Inc. (NYSE: TXT - News) company, today announced the award of a letter contract to build an additional 27 Armored Knight vehicles for U.S. Army Tank-automotive and Armaments Command (TACOM).
The firm-fixed-price contract, an additional undefinitized contract action under the existing ASV Production III contract, is valued at approximately $10 million and the vehicles are scheduled to be delivered by the end of 2010. The M1200 Armored Knight is a derivative of the Textron Marine & Land Systems Armored Security Vehicle (ASV). The vehicle is outfitted with a laser targeting system for the U.S. Army Field Artillery Combat Observation and Lasing Teams (COLT) by DRS Sustainment Systems Inc., the prime contractor on the M1200 program. “The Armored Knight is a successful program in which the ASV platform has proven to be effective in accomplishing the mission of the U.S. Army,” said Textron Marine & Land Systems General Manager Tom Walmsley. “The ASV is a versatile platform providing exceptional protection, mobility and reliability.”
The ASV family of vehicles is based on a 4X4 wheeled armored vehicle that offers significant crew protection through the employment of multiple layers of armor, defending against small arms fire, artillery projectile fragments, Improvised Explosive Devices (IEDs) and land mines. The ASV possesses superior mobility, agility, handling and ride quality through the utilization of a four-wheel independent suspension system.
The ASV has maintained exceptional operational readiness and combat availability rates over the life of the U.S. Army program as vehicles log more than 30,000 miles per year in combat operations. Textron Marine & Land Systems has achieved more than 51 consecutive months of on-time delivery to the U.S. Army on the ASV program.
The ASV family of vehicles performs a wide variety of missions including scout, infantry personnel carrier, reconnaissance, command and control and recovery. U.S. Army ASV missions include operations with the Military Police, convoy protection, perimeter security, as well as combat laser designation with the M1200 Armored Knight ASV configuration.
About Textron Systems
Textron Systems Corporation has been providing innovative solutions to the defense, homeland security and aerospace communities for more than 50 years. Known for its unmanned aircraft systems, advanced marine craft, armored vehicles, intelligent battlefield and surveillance systems, intelligence software solutions, precision smart weapons, piston engines, test and training systems, and total life cycle sustainment services, Textron Systems includes AAI Corporation, Lycoming Engines, Overwatch, Textron Defense Systems and Textron Marine & Land Systems. Textron Systems Corporation is an indirect wholly owned subsidiary of Textron Inc. More information is available at www.textronsystems.com.
About Textron Inc.
Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell Helicopter, Cessna Aircraft Company, Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee, and Textron Systems. More information is available at www.textron.com.
Contact:
Investor Contacts:
Textron
Doug Wilburne, 401-457-2288
or
Bill Pitts, 401-457-2288
or
Media Contacts:
Textron Systems
Sharon Corona, 410-628-3184
or
Textron
Michael Maynard, 401-457-2474

Optex Systems Teams With L-3 Communications Holdings Inc. on Laser Interference Filter Solicitation

RICHARDSON, Texas, Dec. 22, 2009 (GLOBE NEWSWIRE) -- Optex Systems Holdings, Inc. (OTCBB:OPXS - News), a leading manufacturer of optical sighting systems and assemblies primarily for Department of Defense applications, today announced that it has signed a mutually exclusive Teaming Agreement (TA) with L-3 Communications Holdings Inc. (L-3 Communications) (NYSE:LLL - News) on the proposal for production of Laser Interference Filters used to protect night vision equipment. The solicitation is a two-step invitation for bid for Communications and Electronics Command (CECOM).
This solicitation calls for the delivery of up to 5,000 units per month on an Indefinite Delivery, Indefinite Quantity (IDIQ) production schedule for a Firm Fixed Price (FFP) 5 year contract.
Gregg Bell, President of L-3 Communications Electro-Optical Systems (EOS) division was quoted as saying, "Optex has been a great customer of our EOS division for many years and we look forward to teaming with them on the Laser Interference Filter program. We believe the breadth and depth of our two companies provides the best value solution for our war fighters."
ABOUT OPTEX SYSTEMS
Optex, which was founded in 1987, is a Richardson, Texas-based ISO 9001:2008 certified concern, which manufactures optical sighting systems and assemblies, primarily for Department of Defense (DOD) applications. Its products are installed on various types of U.S. military land vehicles, such as the Abrams and Bradley fighting vehicles, Light Armored and Armored Security Vehicles, and have been selected for installation on the Stryker family of vehicles. Optex also manufactures and delivers numerous periscope configurations, rifle and surveillance sights and night vision optical assemblies. Optex delivers its products both directly to the military services and to prime contractors. For additional information, please visit the Company's website at www.optexsys.com.
ABOUT L-3 COMMUNICATIONS HOLDINGS INC.
Headquartered in New York City, L-3 Communications employs over 66,000 people worldwide and is a prime contractor in aircraft modernization and maintenance, C3ISR (Command, Control, Communications, Intelligence, Surveillance and Reconnaissance) systems and government services. L-3 is also a leading provider of high technology products, subsystems and systems. The company reported 2008 sales of $14.9 billion.
Safe Harbor Statement
This press release and other written reports and oral statements made from time to time by the Company may contain so-called "forward-looking statements," all of which are subject to risks and uncertainties. You can identify these forward-looking statements by their use of words such as "expects," "plans," "will," "estimates," "forecasts," "projects" and other words of similar meaning. You can identify them by the fact that they do not relate strictly to historical or current facts. These statements are likely to address the Company's growth strategy, financial results and product and development programs. You must carefully consider any such statement and should understand that many factors could cause actual results to differ from the Company's forward-looking statements. These factors include inaccurate assumptions and a broad variety of other risks and uncertainties, including some that are known and some that are not. No forward-looking statement can be guaranteed and actual future results may vary materially.
The Company does not assume the obligation to update any forward-looking statement. You should carefully evaluate such statements in light of factors described in the Company's filings with the SEC, especially on Forms 10-K, 10-Q and 8-K. In various filings the Company has identified important factors that could cause actual results to differ from expected or historic results. You should understand that it is not possible to predict or identify all such factors. Consequently, you should not consider any such list to be a complete list of all potential risks or uncertainties.

Contact:
ZA Consulting Inc.

Investor and Public Relations for Optex Systems

David Zazoff

212-505-5976

pressreleases@za-consulting.net

Boeing Acquires Alenia North America's Interest in Global Aeronautica

SEATTLE, Dec. 22 /PRNewswire-FirstCall/ -- Boeing (NYSE: BA) said today it has acquired Alenia North America's half of Global Aeronautica, LLC, a South Carolina fuselage subassembly facility for Boeing's 787 Dreamliner, and is now the sole owner of that entity. Alenia North America is a subsidiary of Italy's Alenia Aeronautica, a Finmeccanica company.
Operationally, Boeing will integrate the Global Aeronautica facility with the rest of Boeing's organization in North Charleston, S.C.
"The Boeing Charleston site is critical to the success of the 787 program," said Jim Albaugh, president and CEO of Boeing Commercial Airplanes. "Through this acquisition, Boeing benefits by joining together two solid operations – including their talented employees and state-of-the-art facilities – into one Boeing team. Ultimately, we believe integration of the site will increase productivity for the 787 program and allow us to maintain our long-term competitiveness."
"We are proud of the major contribution we have made over the past four years through our partnership in Global Aeronautica to the 787 program and to the state of South Carolina," said Giuseppe Giordo, president and CEO of Alenia North America. "We are confident that the foundation we have developed will continue to flourish as it is integrated into Boeing Charleston."
The acquisition was effected through a wholly owned subsidiary of Boeing; other terms were not disclosed.
"We look forward to integrating the employees of both operations into one team in North Charleston, along with continuing our partnership with Alenia on the 787 program," said Albaugh.
Global Aeronautica, LLC, began in 2004 when Alenia North America and Vought Aircraft Industries formed a 50/50 joint venture in support of the Boeing 787 Dreamliner. In 2008, Boeing purchased Vought's interest in Global Aeronautica, making the company a 50/50 joint venture between Alenia North America and Boeing.
Global Aeronautica's integration entails the joining of the mid-fuselage sections, the installation and testing of associated elements, and the application of surface finishes to more than 60 percent of the 787's fuselage. Global Aeronautica sits adjacent to the Boeing Charleston site and shares a 240-acre (97-hectare) campus.
Forward-Looking Information Is Subject to Risk and Uncertainty
Certain statements in this report may be "forward-looking" within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "expects," "intends," "plans," "projects," "believes," "estimates," "targets," "anticipates," and similar expressions are used to identify these forward-looking statements. Forward-looking statements are based upon assumptions about future events that may not prove to be accurate. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Actual outcomes and results may differ materially from what is expressed or forecasted in these forward-looking statements. As a result, these statements speak to events only as of the date they are made and we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by federal securities laws. Specific factors that could cause actual results to differ materially from forward-looking statements include, but are not limited to, the effect of economic conditions in the United States and globally; the successful execution of our Commercial Airplanes and Integrated Defense Systems backlog; the ability to successfully develop and timely produce the 787 aircraft; our ability to successfully integrate acquired businesses; and other important factors disclosed previously and from time to time in our other filings with the Securities and Exchange Commission.
Contact:
Ann Schmidt
Boeing Commercial Airplanes Communications
+1 206-853-5450
ann.m.schmidt@boeing.com
Russ Young
Boeing Commercial Airplanes Communications
+1 206-766-2926
russell.young@boeing.com
Alenia North America
Ben Stone
+1 202-549-2962
bstone@aleniainc.com

Saab Sells the ARTHUR Radar System to Italy

STOCKHOLM--December 22, 2009, (BUSINESS WIRE)--Regulatory News: Defence and security company Saab (STO:SAABB) has signed a contract for the sale of its ARTHUR WLS (Weapon Locating System) to the Italian Army. The order has been obtained in collaboration with the Italian company Selex Sistemi Integrati (Finmeccanica Group). The value of the order to Saab is approximately MEUR 46 (approximately MSEK 475).
Saab is to supply the radar system, with Selex Sistemi Integrati (Finmeccanica Group) supplying the command and communications solution. The contract, which is a basic order with an expansion opportunity, also comprises associated logistics with training, installation and support. Deliveries are estimated to take place over the next three years.
The Italian Army will be using the system for international assignments.
“Highly-functional weapon locating systems have become an increasingly important component in peacekeeping missions throughout the world, both for ensuring that peace accords are being upheld, and for the protection of own personnel. ARTHUR, which is the market-leading mobile weapon locating system, has therefore also become a major export success story for Saab over the years", says Lennart Joelsson, business unit manager, Saab Microwave Systems.
Saab's ARTHUR radar system locates incoming enemy projectiles and missiles. The system provides information about the firing position and point of impact, and can simultaneously direct countermeasures. It therefore contributes to increased protection for friendly forces and the civilian population.
ARTHUR has been supplied to several countries throughout the world besides Sweden. Denmark, Greece, Norway, Spain, the United Kingdom, South Korea and the Czech Republic are among those who have bought different versions of the radar system. The peacekeeping forces of the Canadian and Italian armies have successfully used ARTHUR in Afghanistan.
The information is that which Saab AB is required to declare by the Securities Business Act and/or the Financial instruments Trading Act. The information was submitted for publication on December 22 at 12.20.
Saab serves the global market with world-leading products, services and solutions ranging from military defence to civil security. Saab has operations and employees on all continents and constantly develops, adopts and improves new technology to meet customers’ changing needs.
This information was brought to you by Cision http://www.cisionwire.com
Contact:
Saab Press Centre
+46 (0)734 180 018
www.saabgroup.com

Oshkosh Corporation Surpasses 1,000 Vehicles a Month; Again Delivers Ahead of Schedule

OSHKOSH, Wis.--(BUSINESS WIRE)--Oshkosh Corporation (NYSE:OSK - News) announced today that it has reached a milestone production rate for the MRAP All Terrain Vehicle (M-ATV) of 1,000 vehicles per month on December 18. The production for December is the sixth consecutive month Oshkosh exceeded delivery requirements. Since being awarded the contract on June 30, 2009, Oshkosh has been steadily ramping up production, and will continue at this rate of 1,000 vehicles per month through May 2010 to deliver the 6,619 vehicles currently under contract.
“Our employee gave a great effort to meet the aggressive production timeline for these urgently needed vehicles. These M-ATVs will help improve the safety and mobility of our soldiers and Marines in Afghanistan,” said Robert G. Bohn, Oshkosh Corporation chairman and chief executive officer. “Staying on or ahead of our delivery schedule goes beyond the M-ATV program. It is a core value with every order we receive and every high-quality vehicle we produce here at Oshkosh.”
Oshkosh reached the milestone by using production capacity at existing manufacturing facilities in Oshkosh, Wis. and McConnellsburg, Pa. These and other Oshkosh Corporation manufacturing facilities have available production capacity for all current and pending military vehicle programs, including the M-ATV and the U.S. Army’s Family of Medium Tactical Vehicles (FMTV) program, as well as any surges in production. Oshkosh uses an integrated assembly line to simultaneously produce as many as 10 vehicle models with 29 variations at its facilities.
In addition to exceeding the M-ATV’s production requirements, Oshkosh has received orders to send its fully trained field service representatives (FSR) to Afghanistan and supply spare-parts kits to provide the full spectrum of life-cycle support that will help sustain the M-ATV program. Oshkosh has the experience and infrastructure in place in the theater of operation to provide the required level of support, from parts supply to remanufacturing.
Oshkosh Defense has teamed with Plasan North America to provide an advanced armor solution for the M-ATV. Plasan also developed the armor system used on more than 5,000 legacy MRAPs and thousands of Oshkosh Medium Tactical Vehicle Replacement (MTVR) Armored Cabs already in theater.
About Oshkosh Defense
Oshkosh Defense, a division of Oshkosh Corporation, is an industry-leading global designer and manufacturer of tactical military trucks and armored wheeled vehicles, delivering a full product line of conventional and hybrid vehicles, advanced armor options, proprietary suspensions and vehicles with payloads that can exceed 70 tons. Oshkosh Defense provides a global service and supply network including full life-cycle support and remanufacturing, and its vehicles are recognized the world over for superior performance, reliability and protection. For more information, visit www.oshkoshdefense.com.
About Oshkosh Corporation
Oshkosh Corporation is a leading designer, manufacturer and marketer of a broad range of specialty access equipment, commercial, fire & emergency and military vehicles and vehicle bodies. Oshkosh Corp. manufactures, distributes and services products under the brands of Oshkosh®, JLG®, Pierce®, McNeilus®, Medtec®, Jerr-Dan®, Oshkosh Specialty Vehicles, Frontline™, SMIT™, CON-E-CO®, London® and IMT®. Oshkosh products are valued worldwide in businesses where high quality, superior performance, rugged reliability and long-term value are paramount. For more information, log on to www.oshkoshcorporation.com.
®, ™ All brand names referred to in this news release are trademarks of Oshkosh Corporation or its subsidiary companies.
Forward-Looking Statements
This press release contains statements that the Company believes to be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact, including, without limitation, statements regarding the Company’s future financial position, business strategy, targets, projected sales, costs, earnings, capital expenditures, debt levels and cash flows, and plans and objectives of management for future operations, are forward-looking statements. When used in this press release, words such as “may,” “will,” “expect,” “intend,” “estimate,” “anticipate,” “believe,” “should,” “project” or “plan” or the negative thereof or variations thereon or similar terminology are generally intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, assumptions and other factors, some of which are beyond the Company’s control, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include risks related to the required increase in the rate of production for the M-ATV contract and the amount, if any, of additional orders for M-ATVs that the Company may receive; the cyclical nature of the Company’s access equipment, commercial and fire & emergency markets, especially during a global recession and credit crisis; the duration of the global recession, which could lead to additional impairment charges related to many of the Company’s intangible assets; the expected level and timing of U.S. Department of Defense procurement of products and services and funding thereof, including the outcome of the formal protests of the Family of Medium Tactical Vehicles (FMTV) award to the Company; risks related to reductions in government expenditures and the uncertainty of government contracts; the consequences of financial leverage associated with the JLG acquisition, which could limit the Company’s ability to pursue various opportunities; risks related to the collectability of receivables during a recession, particularly for those businesses with exposure to construction markets; risks related to production delays as a result of the economy’s impact on the Company’s suppliers; the potential for commodity costs to rise sharply, including in a future economic recovery; risks associated with international operations and sales, including foreign currency fluctuations; and the potential for increased costs relating to compliance with changes in laws and regulations. Additional information concerning these and other factors is contained in the Company’s filings with the Securities and Exchange Commission. All forward-looking statements speak only as of the date of this press release. The Company assumes no obligation, and disclaims any obligation, to update information contained in this press release.
Contact:
Oshkosh Corporation
Financial:
Patrick Davidson
Vice President, Investor Relations
920.966.5939
or
Media:
Ann Stawski
Vice President, Marketing Communications
920.966.5959

Turkey reaches deal with Israel on drone purchase

ANKARA, Dec 22 (Reuters) - Turkey has reached an agreement with Israel to purchase 10 Heron drones from Israel and a deal would be announced within one or two days, Turkish Aerospace Industries (TAI) said on Tuesday.
"We've reached agreement with procurement office. We expect to announce an agreement within a few days," TAI Chief Executive Muharrem Dortkasli told reporters.
Turkey and Israel signed a deal in 2005 for the supply of the unmanned aircraft, worth $185 million.
Turkish Defence Minister Vecdi Gonul in July denied reports published in the Israeli media that the deal would be cancelled due to the delay in the project.
Speculation about the project's cancellation had mounted amid escalating tensions between regional allies Israel and Turkey, which had sharply criticised Israel's Palestinian policies, especially the Gaza offensive it launched in December 2009.
TAI is partners in the venture to build the Herons with Air Israel Aerospace Industries (IAI) and Israeli defence manufacturer Elbit (ESLT.TA) (ESLT.O). (Reporting by Zerin Elci)

Saab and Mitsubishi Aircraft Corporation Sign Agreement for Support Solutions - First Significant Order Achieved

STOCKHOLM-- December 22, 2009, (BUSINESS WIRE)--Regulatory News: Saab (STO:SAABB) and Mitsubishi Aircraft Corporation (MJET) have signed an agreement under which Saab will provide technical publication documentation work to MJET in support of their Mitsubishi Regional Jet (MRJ) programme.
The framework agreement is a strategically important achievement for Saab. It opens the path for further discussion between the companies to supply and apply Saab’s extensive expertise in the area of commercial aircraft support solutions, gained from the Saab 340 and 2000 programmes as well as various military programmes, to MJET and their new MRJ aircraft. The Mitsubishi Regional Jet is a family of 70- to 90-seat next-generation regional jets.
A first support contract has been signed within the frame of the agreement. On request of the customer the order value will not be announced.
“We have had on-going discussions with Mitsubishi since 2003 when they were first considering entering the regional jet market and had concluded that they needed a partner for support and services outside Japan”, states Saab Aerotech President Lars-Erik Wige. “This agreement and the first specific contract to result from it are a positive step forward in the cooperation between our two companies. Mitsubishi is developing a ground breaking aircraft in the MRJ and Saab is proud to work with them in their effort to provide equally ground breaking levels of customer support.”
“At MJET, as we undertake the implementation of customer support related to the MRJ, we are pleased to have Saab, with its many years of experience in this area, as a partner to help us in developing some parts of our technical manuals in the field of customer support. This is one big step forward in MJET’s drive to provide top-notch service to our valued customers,” said MJET President Hideo Egawa.
The initial contract signed covers the area of technical publications development during the years 2010-2015. Under this contract, Saab will develop a comprehensive package of maintenance and support documentation for both the MRJ70 as well as for the MRJ90 aircraft including, for example, maintenance manuals as well as spare parts catalogues. The technical publications will be developed to the new S1000D 4.0 standard. Discussions continue between the two companies to finalize additional areas of cooperation.
MJET has announced MRJ orders for 25 aircraft to All Nippon Airways, Japan (15 firm and 10 options) and a Letter of Intent to provide 100 aircraft to Trans States Holdings Inc., USA (50 firm and 50 options). The Aircraft is under development in Nagoya Japan and the first flight expected to take place second quarter 2012. The aircraft will enter into service during the first quarter of 2014.
Mitsubishi Aircraft Corporation (MJET) commenced operation on April 1, 2008 to conduct the design, type certification, procurement, sales and marketing, and customer support of the Mitsubishi Regional Jet (MRJ). It is currently capitalized at 100 billion yen, with this financing being furnished by, among others, Mitsubishi Heavy Industries, Ltd., Toyota Motor Corporation, Mitsubishi Corporation, Sumitomo Corporation and Mitsui & Co., Ltd.
The information is that which Saab AB is required to declare by the Securities Business Act and/or the Financial instruments Trading Act. The information was submitted for publication on December 22, at 11.20.
Saab serves the global market with world-leading products, services and solutions ranging from military defence to civil security. Saab has operations and employees on all continents and constantly develops, adopts and improves new technology to meet customers’ changing needs.
This information was brought to you by Cision http://www.cisionwire.com
Contact:
Saab Press Centre, +46 (0)734 180 018
www.saabgroup.com

UltraCell Awarded $3M for "50W Soldier Portable Fuel Cell System"

Company Will Leverage Its XX55 Reformed Methanol Fuel Cell Technology to Build Fuel Cell Systems for U.S. Soldiers in the Field

LIVERMORE, CA and WRIGHT-PATTERSON AIR FORCE BASE, OH--(Marketwire - 12/21/09) - UltraCell Corporation, a leading producer of portable fuel cells, today announced that the U.S. Department of the Air Force has awarded the company $3 million in federal stimulus funds as part of the American Recovery and Reinvestment Act of 2009. The funds will be applied towards the "50W Soldier Portable Fuel Cell System" program, created to support the design and development of reliable, efficient portable fuel cells for dismounted warfighters deployed in Afghanistan and other arenas across the globe.
The program seeks to provide durable and field-tested portable fuel cell systems with improved usability and ease-of-use with both new and existing military applications and electronic devices. Additionally, the solution aims to deliver increased energy density while meeting military standards and offering manufacturing efficiency.
UltraCell was awarded the contract by the Air Force Research Laboratory (AFRL) at Wright-Patterson Air Force Base, eight miles northeast of Dayton, Ohio. Implementation and evaluation of the program will be overseen by the AFRL's Propulsion Directorate, a principal provider of propulsion technologies which also conducts leading edge research and development in aerospace fuels, propellants and power generating systems. In 2007, UltraCell opened a 20,000 square foot manufacturing facility in Dayton, which has since grown to more than 30,000 square feet.
UltraCell will utilize the funds announced today to build 65 fuel cell systems based on its XX55 Reformed Methanol Fuel Cell (RMFC). The XX55 has been demonstrated in military exercises in support of current operations.
Designed to power electronic equipment such as military radios and rugged laptops, the XX55 is also capable of recharging military batteries such as the BB-2590 and Li-80/145 -- a key to the success of portable fuel cell systems in the field. These capabilities, coupled with the XX55's fuel cell/battery hybridization, allowing the system to provide greater peak power for startup of devices like rugged laptops, make the XX55 an ideal portable power supply for the 50W program.
In addition to expanding development of the portable fuel cell systems, UltraCell will also utilize the stimulus funds to design an accessories kit to extend capabilities outside the program's minimum requirements, such as expanded battery recharging technology.
"Advanced portable fuel cell technology will play a key role in the future of the U.S. dismounted warfighter," said USAF Lieutenant Mark Roosz, Program Manager of the effort at the AFRL.
"By awarding UltraCell with these funds, the U.S. Air Force and the AFRL have demonstrated confidence in the proven success of our XX55 product, and in our ability to continue to develop and manufacture innovative portable power solutions," said UltraCell CEO Keith Scott. "We are very pleased to be named the recipient of these funds which will enable us to deliver a 50W solution to the Air Force, and to expand and enhance our fuel cell manufacturing capabilities."
About UltraCell
UltraCell is a leading producer of fuel cell systems for mobile devices. With an exclusive license with Lawrence Livermore National Laboratories for micro fuel cell technology, the company has developed new technologies and intellectual property in the field of methanol-based fuel cells. Its patented, award-winning portable fuel cell, the XX25(TM), achieved Technology Readiness Level (TRL) 7 status, a significant U.S. Army milestone and certification for military use and commercial production. For more information about UltraCell, please visit http://www.ultracellpower.com/.

Contact:
For More Information, Contact:

Brad Baker

CHEN PR

O: 781-672-3118

M: 315-491-2353

Email Contact

PAR Technology Subsidiary Announces $46.0 Million Air Force R&D Contract Award

Largest Contract Award in Company History--

NEW HARTFORD, N.Y.--December 21, 2009, (BUSINESS WIRE)--Rome Research Corporation (RRC), a wholly owned subsidiary of PAR Technology Corporation (NYSE:PTC - News), announced today that it has been awarded a $46.0 million contract for research and development, testing and evaluation expertise to operate the far field antenna test ranges, anechoic chambers, other laboratory facilities for the Air Force Research Laboratory Information Directorate and conduct exercises and training missions on Air Force fielded technologies in combat. Under the five-year contract, work will be performed at the Air Force Research Laboratory facilities located in Rome, Newport, and Stockbridge, NY, and other field locations.
"Rome Research Corporation is proud of its long-term technical partnership with the Air Force Research Laboratory at Rome, New York. Our company was founded to provide research and development services to the laboratory," commented Steve Lynch., President of PAR’s Government Operations. "As the mission of the AFRL Information Directorate has evolved, Rome Research has adapted and expanded its capabilities along with it. The innovative technical solutions we provide will enable the Air Force Research Laboratory to fulfill its mission to meet the Air Force's unique requirements for Information Dominance and its transition to aerospace systems. We are pleased to continue to provide assistance to the AFRL in meeting its continuous and critical mission."
About RRC
Rome Research Corporation, headquartered in Rome, New York, is a growing Information Technology and communication services company that has provided support to the U.S. Department of Defense for over 35 years. The Company has 650 employees in more than 25 offices throughout the United States and worldwide. Rome Research is considered a leading provider of communications I/T support services to the United States Department of Defense. For more information, visit www.romeresearch.com.
About PAR Technology Corporation
PAR Technology Corporation creates and markets products that help hospitality operators around the world to better manage money, materials, people and the guest experience. PAR has provided hardware, software and services to the world's largest restaurant chains and their franchisees for almost 30 years. Today the Company's extensive offering includes technology solutions for the full spectrum of hospitality operations, from boutique hotels and independent table service restaurants to international QSR chains, all backed by PAR’s global service network. The Company has over 50,000 installations in 105 countries worldwide. PAR is also a leader in providing computer-based system design and engineering services to the Department of Defense and various federal agencies. Through PAR Logistics Management Systems, the Company is a provider of best of breed integrated solutions for shipping asset management and tracking. PAR Technology Corporation's stock is traded on the New York Stock Exchange under the symbol PTC. For more information visit the Company’s website at www.partech.com.

Contact:
PAR Technology Corporation

Christopher R. Byrnes,

315-738-0600 ext. 226

cbyrnes@partech.com

www.partech.com