Tuesday, February 23, 2010

Jacobs Renews 5-year Master Site Agreement Contract with BP in The Netherlands

Agreement to support BP's Rotterdam Refinery which has the largest annual production capacity in Europe
Defense News ~ PASADENA, Calif., Feb. 23 /PRNewswire-FirstCall/ -- Jacobs Engineering Group Inc. (NYSE:JEC - News) announced today that BP Raffinaderij Rotterdam has renewed their 5-year Master Site Agreement (MSA) to support small projects work at BP's Rotterdam refinery in The Netherlands. The refinery has the largest annual production capacity in Europe – around 400,000 barrels of crude oil a day – and produces a wide range of finished and intermediate products.
Officials did not disclose the contract or investment values.
Under the agreement, Jacobs will provide various engineering, procurement, and construction management (EPCM) services. Jacobs has been providing EPCM services to BP at the Rotterdam site since 2004 under the initial MSA. The work will continue to be performed by Jacobs' office in Leiden, The Netherlands, supported by a site-based team.
In making the announcement, Jacobs Group Vice President Robert Matha stated, "The continuation of our partnership with BP provides new opportunities to improve performance at the Rotterdam refinery. We are committed to support BP's investment needs and we will continue to deliver value-added cost efficiencies."
Jacobs is one of the world's largest and most diverse providers of technical, professional, and construction services.
Any statements made in this release that are not based on historical fact are forward-looking statements. Although such statements are based on management's current estimates and expectations, and currently available competitive, financial, and economic data, forward-looking statements are inherently uncertain. Â We, therefore, caution the reader that there are a variety of factors that could cause business conditions and results to differ materially from what is contained in our forward-looking statements. Â For a description of some of the factors which may occur that could cause actual results to differ from our forward-looking statements please refer to our 2009 Form 10-K, and in particular the discussions contained under Items 1 - Business, 1A - Risk Factors, 3 - Legal Proceedings, and 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations. Â We also caution the readers of this release that we do not undertake to update any forward-looking statements made herein.

Force Protection Receives Order for Cougar Mastiff Vehicles

United Kingdom Ministry of Defence to Receive 23 Mastiff EOD Variants
Defense News ~ LADSON, S.C.--February 23, 2010, (BUSINESS WIRE)--Force Protection, Inc. (NASDAQ: FRPT - News), a leading designer, developer and manufacturer of survivability solutions and provider of total life cycle support for those products, today announced that it has received an order for 23 Cougar Mastiff Explosive Ordinance Disposal (EOD) variants to be delivered to the United Kingdom via a Foreign Military Sales (FMS) contract from Marine Corps Systems Command. The undefinitized contract has a value not to exceed $16.1 million.
The work will be performed in Ladson, SC and is expected to be completed prior to April, 2010. The first 5 Mastiff EOD vehicles were delivered on February 8th, 2010, 20 days after contract award due to long lead funding previously received towards work on the contract.
Michael Moody, Chief Executive Officer of Force Protection, commented, “We are delighted with the Cougar Mastiff’s performance with the United Kingdom’s forces. The Mastiff has proven time and again to be a life saver and an excellent value for our customer. These EOD Mastiffs will enable bomb disposal units in the current theater of operations to perform their missions safely and effectively. We thank our United Kingdom customer for their continued confidence in our products and we look forward to continuing to build on our strong relationships with the Ministry of Defence to meet other current and future survivability needs for British forces.”
About Force Protection, Inc.
Force Protection, Inc. is a leading American designer, developer and manufacturer of survivability solutions, predominantly blast- and ballistic-protected wheeled vehicles currently deployed by the U.S. military and its allies to support armed forces and security personnel in conflict zones. The Company’s Mastiff vehicle, and its other specialty vehicles, including the Cougar, the Buffalo, Cheetah and Ocelot, are designed specifically for reconnaissance and urban operations and to protect their occupants from landmines, hostile fire, and improvised explosive devices (IEDs, commonly referred to as roadside bombs). The Company also is the developer and manufacturer of ForceArmor™, an armor package providing superior protection against explosively formed projectiles (EFPs), now available for a wide range of tactical-wheeled vehicles. The Company is one of the original developers and primary providers of vehicles for the U.S. military’s Mine Resistant Ambush Protected, or MRAP, vehicle program.
For more information on Force Protection and its vehicles, visit http://http://www.forceprotection.net//

Safe Harbor Language
This press release contains forward looking statements that are not historical facts, including statements about our beliefs and expectations. These statements are based on beliefs and assumptions of Force Protection’s management, and on information currently available to management. These forward looking statements include, among other things: the growth and demand for Force Protection’s vehicles, including the Mastiff vehicle; the rate at which the Company will be able to produce these vehicles; its expected work completion dates for the vehicles and the ability to meet current and future requirements; and the Company’s expected financial and operating results, including its revenues and cash flow, for future periods. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update any of them publicly in light of new information or future events. A number of important factors could cause actual results to differ materially from those contained in any forward-looking statements. Examples of these factors include, but are not limited to, the ability to effectively manage the risks in the Company’s business; the ability to develop new technologies and products and the acceptance of these technologies and products; the ability to obtain and complete new orders for its vehicles and products; the Company’s ability to identify and remedy its internal control weaknesses and deficiencies and other risk factors and cautionary statements listed in the Company’s periodic reports filed with the Securities and Exchange Commission, including the risks set forth in the Company’s 2008 Annual Report on Form 10-K for the year ended December 31, 2008, as updated in the Quarterly Report on Form 10-Q for the period ended September 30, 2009.
Contact:
Force Protection, Inc.
Company Contact:
Tommy Pruitt, 843-574-3866
Senior Communications Directoror
Investor Relations Contact:
ICR Inc.
James Palczynski, 203-682-8229
Principal and Director

Monday, February 22, 2010

Honeywell's Popular Handheld Now Available for Helicopters

Bendix/King by Honeywell AV8OR Provides Portable Weather, Traffic and GPS
Defense News ~ HOUSTON, Feb. 21 /PRNewswire-FirstCall/ -- HELI-EXPO® -- Honeywell (NYSE:HON - News) announced today that its popular Bendix/King by Honeywell AV8OR handheld Global Positioning System (GPS) is now available for helicopter operators.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080425/LAF040LOGO )
"The AV8OR is a terrific addition to any helicopter, providing situational awareness of weather, terrain, traffic and airspace for very little cost," said Chad Cundiff, vice president, Crew Interface and Displays, Honeywell Aerospace. "For about $800, helicopter pilots get moving-map navigation with terrain awareness, which they can use on the ground or in the air, making every trip simple from door -- to air -- to door. The unit can also wirelessly interface to traffic and weather information."
The AV8OR is a portable touch-screen GPS for use in the car or in the air, with real-time weather capability, moving-map navigation and video-in capability. Its large 4.3-inch screen can display weather, from Honeywell's KDR 610 or the WxWorx portable receiver, and traffic from Zaon Flight Systems' XRX portable traffic receiver. The moving map display incorporates helicopter symbology, low altitude helicopter routes, helipads and controlled airspace.
The navigation database includes terrain shading and a SmartProfileâ„¢ view, enabling operators to see the terrain in the flight path of the helicopter.
For $99 a year, AV8OR is the first handheld to offer daily updates on fuel pricing through Flight Guide, as well as on-field services, restaurants, taxi services and hotels. A dedicated online customer center provides operators with simple software updating capability.
The AV8OR is the first touch-screen handheld device developed for both aviation and automotive use, the first airway planner, the first to have multimedia capability and the first to have a Bluetooth® phone interface -- all in one device.
AV8ORs are available from any authorized Bendix/King by Honeywell sales and service center worldwide.
Honeywell offers a full range of helicopter equipment, from aircraft engines, auxiliary power units and other mechanical systems to the Zingâ„¢ Health Usage Monitoring Systems (HUMS). Honeywell International is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; turbochargers; and specialty materials. Based in Morris Township, N.J., Honeywell's shares are traded on the New York, London, and Chicago Stock Exchanges.

Pall Teams with Carson Helicopters on Sikorsky S-61 Modernization Program

Pall's Centrisep EAPS Enhances Engine Performance
Defense News ~ PORT WASHINGTON, N.Y.--February 21, 2010, (BUSINESS WIRE)--Pall Corporation a global leader in filtration, separation and purification, today announced that it has signed an agreement with Carson Helicopters, Inc. Pall will supply its Centrisep® engine advanced protection systems (EAPSs) to support a joint modernization program for the Sikorsky S-61 helicopter.
With approximately 620 aircraft in service today, the S-61 model is one of the most widely used commercial and military helicopters. The modernization program provides enhancements to this well-known aircraft that will enable it to perform effectively in severe operating environments and allow for many more years of service. Pall’s EAPS technology is a key contributor to these improvements, providing superior engine protection under conditions that include sand, dust, rain, snow and ice. Centrisep EAPSs protect helicopter engines from airborne contamination by utilizing centrifugal force to continuously remove particles before they can enter the engine air intake. The EAPS technology extends the life of a helicopter engine against erosion, while enhancing engine safety, reliability, availability and performance.
Under the terms of the agreement, Carson Helicopter will hold the Supplemental Type Certificate (STC) on the Pall EAPS. Carson is a US Federal Aviation Agency (FAA)-approved helicopter repair station for the overhaul, repair and remanufacture of all major model helicopters. The Company holds over 20 STCs for improvements and modifications to the Sikorsky S-61 and was the first to develop performance enhancements such as composite main rotor blades and a shortened version of the aircraft for commercial and government use.
"As the recognized leader in aerospace filtration, separation, and purification systems and technologies, we are honored that our technology has been selected for this modernization program. Together with Carson we will deliver unique performance capabilities to an iconic aircraft," stated Jim Western, president, Pall Aerospace.
Pall Aerospace provides filtration and separation solutions for a broad range of commercial and military fluid applications, including air, fuel, lube, hydraulic and transmission. Its filter products are used on major aircraft platforms and ground service and military equipment worldwide.
Centrisep engine advanced protection systems (EAPSs) have been protecting helicopter engines since the 1960s. With over fifty different certified designs available, the EAPS positions Pall as the leader in helicopter engine protection. To learn more, please go to (http://www.pall.com/)
Sikorsky Aircraft Corp. is a world leader in helicopter design, manufacture and service. Its Sikorsky Aerospace Services business designs and applies advanced logistics and supply chain solutions for commercial rotary, military rotary and fixed wing customers. (http://www.carsonhelicopters.com/)
Carson Helicopters provides a unique array of services, ranging from airlifting external and internal cargo, carrying personnel, suppressing wildfires, carrying out emergency search and rescues, performing high-rise rooftop installations, pouring concrete, and erecting steel structures and power lines in areas where ground-based cranes cannot access.
About Pall Corporation
Pall Corporation (NYSE:PLL - News) is a filtration, separation and purification leader providing Total Fluid ManagementSM solutions to meet the critical needs of customers in biopharmaceutical, hospital and transfusion medicine, energy and alternative energy, electronics, municipal and industrial water, aerospace, transportation and broad industrial markets. Together with our customers, we foster health, safety and environmentally responsible technologies. The Company’s engineered solutions enable process and product innovation and minimize emissions and waste. Pall Corporation, with total revenues of $2.3 billion for fiscal 2009, is an S&P 500 company with more than 10,000 employees servicing customers worldwide. Pall has been named a top "green company" by Newsweek magazine. (http://www.pall.com/)
Contact:
Media Contact:
Pall Industrial
Marie MacLean
Director of Marketing Communications
Phone: 516-801-9282

Pall and Turbomeca Launch Centrisep® EAPS Upgrade to Enhance Engine Protection for Squirrel Helicopters

Defense News ~ PORT WASHINGTON, N.Y.--February 21, 2010, (BUSINESS WIRE)--Pall Corporation a global leader in filtration, separation and purification, and Turbomeca, the leading helicopter engine manufacturer, announce the availability of a certified upgrade of the Centrisep® engine advanced protection system (EAPS) for AS350 series helicopters. The upgrade has significantly higher dust separation efficiency than the original design. Desert trials have proven that it provides advanced engine protection for one of the world’s leading civil helicopters.
The AS350 Squirrel aircraft, produced by Eurocopter, the world’s number one manufacturer of civil and parapublic helicopters, is powered by a Turbomeca engine. The Centrisep EAPS upgrade fits the entire range of AS350s, including the EC130 and AS355, and is qualified by Supplemental Type Certificate (STC) EASA.R.S. 00753, June 2005. Over 250 sets of this latest system have already been shipped to 26 helicopter operators, including 11 in North America.
John Mandernach, vice president of maintenance, Maverick Helicopters, Las Vegas, commented, “We have installed 18 Centrisep EAPS upgrades and accumulated over 25,000 flying hours, and have experienced better performance than with the barrier filters we used previously. The Pall system is virtually maintenance-free. There are no extensive inspections or filter cleaning needed, no expensive by-pass door motors are required, and no differential pressure switches or filters elements to replace.”
Pall’s Centrisep EAPS protects helicopter engines from airborne contamination by utilizing centrifugal force to continuously remove particles, such as sand, dust and salt spray, before they can enter the engine air intake. The technology extends the life of a helicopter engine against erosion, while enhancing engine safety, reliability, availability and performance. The AS350 Centrisep EAPS is a “Fit and Forget,” environmentally sustainable solution. Unlike other systems, there is no need for regular maintenance and cleaning, and the unit is certified for inadvertent entry into icing conditions without the need for complicated by-pass doors.
“Pall’s Centrisep engine advanced protection system is the filtration standard for peak helicopter engine performance. The Centrisep EAPS upgrade for AS350 aircraft utilizes the latest advances in filtration design technology to maximize dust removal efficiency. It is an example of Pall’s ability to partner with OEMs to customize filtration solutions for their individual equipment needs,” said Jim Western, president, Pall Aerospace.
Retrofit kits are available for the 1,000-plus AS350s currently fitted with the previous Centrisep EAPS design.
Over 40,000 helicopters are in service worldwide, excluding piston-powered, single-engine craft. Industry forecasts project over $14 billion revenue in helicopter production in 2010.
Pall Aerospace provides fluid filtration and separation solutions for a broad range of military and commercial aircraft. Its filter products are used on all major rotorcraft brands worldwide. Centrisep EAPSs have been protecting helicopter engines since the 1960s. Over fifty different designs have been certified and operate worldwide.
To learn more about the Centrisep EAPS visit Pall Aerospace at Heli-Expo 2010 in booth #1538, or email Centrisep@pall.com.
About Pall Corporation
Pall Corporation (NYSE:PLL - News) is a filtration, separation and purification leader providing Total Fluid ManagementSM solutions to meet the critical needs of customers in biopharmaceutical, hospital and transfusion medicine, energy and alternative energy, electronics, municipal and industrial water, aerospace, transportation and broad industrial markets. Together with our customers, we foster health, safety and environmentally responsible technologies. The Company’s engineered solutions enable process and product innovation and minimize emissions and waste. Pall Corporation, with total revenues of $2.3 billion for fiscal 2009, is an S&P 500 company with more than 10,000 employees servicing customers worldwide. Pall has been named a top "green company" by Newsweek magazine. To see how Pall is helping enable a greener and more sustainable future, visit http://www.pall.com
About Turbomeca
Turbomeca (SAFRAN Group) is the leading helicopter engine manufacturer, and has produced over 50,000 turbines based on its own designs since the company was founded. With 2,350 customers in over 155 countries, Turbomeca provides a proximity service thanks to its 15 sites, 26 TurboSupport Centers, 24 repair centers and 90 Field representatives and Field technicians. The Head Office is based in Bordes, Pyrénées-Atlantiques (south-west France). Microturbo, the subsidiary of Turbomeca, is the European leader in turbojet engines for missiles, drones and auxiliary power units. For more information, visit http://www.turbomeca.com
Turbomeca is a trademark of the SAFRAN Group. Eurocopter is a trademark of EADS.
Contact:
Media Contact:
Pall Industrial
Marie MacLeanDirector,
Marketing Communications
Telephone: 516-801-9282

CAE launches CAE 3000 Series helicopter mission simulators

Heli-Expo attendees receive advance preview of new immersive simulator experience which will be available for civil helicopter training this summer
Defense News ~ HOUSTON, TEXAS--(Marketwire - 02/20/1Add Image0) - (NYSE:CAE - News)(TSX:CAE - News) - CAE today announced at the Helicopter Association International (HAI) Heli-Expo conference that the company is launching a family of new, affordable helicopter mission simulators for the previously underserved civil helicopter market. The first CAE 3000 Series simulator will be available for training by the summer of 2010.
CAE is demonstrating a fixed-based version of the new CAE 3000 Series at Heli-Expo (booth #2045).
"This new CAE simulation capability offers unprecedented realism for helicopter-specific mission training, including offshore, emergency medical services, law enforcement, long line, high-altitude, corporate, and other operations," said Jeff Roberts, CAE's Group President, Civil Simulation Products, Training and Services. "The CAE 3000 Series solution is designed for a market which currently conducts most training in the aircraft and has been seeking new ways to improve safety and efficiency. We have developed the product family with extensive input from our Helicopter Advisory Board, which includes pilots, operators, manufacturers, and insurers."
The CAE 3000 Series is designed to address emerging global standards for helicopter flight simulation training devices (FSTD) in development by an international working group sponsored by the International Civil Aviation Organization (ICAO). The new CAE helicopter mission simulators will meet or exceed current regulatory requirements, including U.S. Federal Aviation Administration (FAA) and European Joint Aviation Authorities (JAA) Level D or other levels according to customer training needs. The CAE 3000 Series simulators are part of a comprehensive suite of simulation-based training solutions for the civil helicopter market. The portfolio includes full-flight simulators, flight training devices, integrated procedures trainers, desktop virtual flight and maintenance trainers, and self-paced computer-based training and e-learning courses.
The CAE 3000 Series features CAE's industry-leading three-degree-of-freedom vibration platform, as well as a CAE Tropos-6000 visual system with direct projection dome, high-definition commercial off-the-shelf projectors, and up to a 220-degree horizontal by 80-degree vertical field of view display system with chin window coverage.
CAE is the first to incorporate artificially intelligent human form and moving vehicle dynamic simulation for civil helicopter training tasks and mission scenarios.
List prices for the CAE 3000 Series will depend on the helicopter configuration and customer training requirements and will range from less than US$4 million to approximately $10 million.
For more information on the CAE 3000 Series helicopter mission simulators, visit www.cae.com/3000. For high resolution downloadable photos of the new simulator, visit www.cae.com/photos.
CAE is a world leader in providing simulation and modelling technologies and integrated training solutions for the civil aviation industry and defence forces around the globe. With annual revenues exceeding C$1.6 billion, CAE employs more than 6,500 people at more than 90 sites and training locations in 20 countries. We have the largest installed base of civil and military full-flight simulators and training devices. Through our global network of 29 civil aviation and military training centres, we train more than 75,000 crewmembers yearly. We also offer modelling and simulation software to various market segments and, through CAE's professional services division, we assist customers with a wide range of simulation-based needs. http://www.cae.com/
Contacts:
CAE contacts:
Nathalie Bourque, Vice President,
Public Affairs and Global Communications
514-734-5788
Trade media:
Chris Stellwag, Director,
Marketing Communications, Military and Civil
813-887-1242
Investor relations:
Andrew Arnovitz, Vice President,
Investor Relations and Strategy
514-734-5760

Sunday, February 21, 2010

Tel-Instrument ("TIK") Announces New Army IDIQ Contract for the T-47N Test Set with a $600,000 Initial Delivery Order

Defense News ~ CARLSTADT, N.J.--February 20, 2010 (BUSINESS WIRE)--Tel-Instrument Electronics Corp (NYSE-AMEX: “TIK”) is pleased to announce that it received today a five year IDIQ (indefinite-delivery/indefinite-quantity) contract from the U.S. Army for up to 235 T-47N test sets with a maximum contract value of approximately $4 million. The initial delivery order on this IDIQ contract is for 35 test sets with a contract value of approximately $600,000. It is expected that all 35 units will be shipped in the current fiscal quarter. This information is in addition to the information provided in press release issued on February 17th.
This press release includes statements that are not historical in nature and may be characterized as "forward-looking statements," including those related to future financial and operating results, benefits, and synergies of the combined companies, statements concerning the Company's outlook, pricing trends, and forces within the industry, the completion dates of capital projects, expected sales growth, cost reduction strategies, and their results, long-term goals of the Company and other statements of expectations, beliefs, future plans and strategies, anticipated events or trends, and similar expressions concerning matters that are not historical facts. All predictions as to future results contain a measure of uncertainty and, accordingly, actual results could differ materially. Among the factors which could cause a difference are: changes in the general economy; changes in demand for the Company's products or in the cost and availability of its raw materials; the actions of its competitors; the success of our customers; technological change; changes in employee relations; government regulations; litigation, including its inherent uncertainty; difficulties in plant operations and materials; transportation, environmental matters; and other unforeseen circumstances. A number of these factors are discussed in the Company's previous filings with the Securities and Exchange Commission. The Company disclaims any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this press release.
Tel-Instrument is a leading designer and manufacturer of avionics test and measurement solutions for the global commercial air transport, general aviation, and government/military aerospace and defense markets. Tel-Instrument provides instruments to test, measure, calibrate, and repair a wide range of airborne navigation and communication equipment. For further information please visit our website at http://cts.businesswire.com/

The Company's stock is traded in the American Stock Exchange under the symbol TIK.
Contact:
Tel-Instrument Electronics Corp
Mr. Joseph P. Macaluso, 201-933-1600

Bulova Technologies Group, Inc. Provides Update

Defense News ~ : TAMPA, Fla.--February 20, 2010 (BUSINESS WIRE)--Bulova Technologies Group, Inc. (Pink Sheets:BLVT - News) ("Bulova Tech" or "the Company") today provided an update on the following matters:
1) 2009 Financial Audit
The delay of the filing of the financial reports has understandably frustrated all interested parties. Technical issues involving un-filed reports covering several years prior to the current year, as well as asset valuation issues arising from the acquisition of the "Bulova Technologies" companies in the current year (fiscal year 2009), have taken longer than anticipated to conclude. We will file the reports as soon as possible.
2) BulovaTech Labs ("LABS")
While the Company believes LABS presents significant opportunities, the Board of Directors has determined to spin off LABS into a stand-alone public company in order to focus the energies of BulovaTech on its core businesses of defense and contract manufacturing. More information about the spin off and its timing will be provided in the near future.
John Stanton, Chairman
Stephen Gurba, President & CEO
About Bulova Technologies Group, Inc.
Headquartered in Clearwater Florida, Bulova Technologies Group, Inc. operates two facilities, Bulova Technologies Ordnance Systems in Mayo, FL and BT Manufacturing Company in Melbourne, FL. The headquarters also houses Bulova Technologies Combat Systems Company, which is a world leader in the international sale of military vehicles, weapons and munitions in support of the U.S. Department of Defense.
Please visit our website at www.BulovaTechGroup.com for more information.
Statement about the Company's future expectations and all other statements in this press release other than historical facts, are "forward-looking statement" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. The above information contains information relating to the Company that is based on the beliefs of the Company and\or its management as well as assumptions made by and information currently available to the Company or its management.

Contact:
Bulova Technologies Group, Inc.

Beverly Mercer, 727-451-6560


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Saturday, February 20, 2010

UPDATE 1-US Navy official sees Lockheed F-35 test milestone

* Several more flights needed before vertical landing
* Landing will be "huge step" in testing process

Defense News ~ WASHINGTON, Feb 19 (Reuters) - The Marine Corps version of Lockheed Martin Corp's (LMT.N) F-35 is expected to make its long-delayed first full vertical landing within the next week, a top U.S. Navy official said on Thursday.
Captain Lawrence Burt, strike aircraft plans and requirements officer, said officials testing the short takeoff, vertical landing (STOVL) version of the new radar-evading fighter need to conduct a few more flights before doing the landing maneuver.
"They're three or four flights from a full STOVL vertical landing, which would be a huge step in the testing process," Burt told Reuters after addressing a defense conference hosted by Aviation Week.
Burt said achieving the long-delayed milestone in the testing program would help ensure that the small carriers used for Marine Corps aircraft could be modified to accommodate the new fighter during upcoming scheduled maintenance stops.
That, in turn, would allow sea trials of the new fighters to test their performance in the environment at sea, as well as the plane's coatings, Burt said, noting that the Marines hoped to begin sea trials of the new planes this fall.
"There's a lot of stuff that we've got to learn," Burt said, noting that the carriers would need to be outfitted with new bolts to attach the planes to the deck.
"We are making sure that when we actually take the ship into the yards and do those modifications, that the aircraft will be ready, so that when it comes back out to sea, the plane's coming. We don't want to do it early," he said.
Lockheed spokesman John Kent said the F-35B is completing tests required before it could attempt the vertical landing. "We're progressing through the final series of tests leading up to vertical landing and we expect it to happen soon," he said.
Kent said the timing for testing the F-35B from ships depended on ship preparations, availability and completion of the current flight tests.
The STOVL testing began at a U.S. air base in southern Maryland last November after being delayed for months due to issues with delivery of some parts, a design change in the STOVL engine built by Pratt & Whitney, a unit of United Technologies Corp (UTX.N), and adverse weather conditions.
Program and industry official had hoped to complete the first STOVL mode vertical landing by year's end.
(Reporting by Andrea Shalal-Esa, editing by Gerald E. McCormick and Tim Dobbyn)

Lockheed Martin Conducts Successful PAC-3 MSE Intercept Flight Test

Defense News ~ DALLAS, Feb. 19 /PRNewswire/ -- Lockheed Martin's (NYSE:LMT - News) enhanced version of the combat-proven PAC-3 Missile, the PAC-3 Missile Segment Enhancement (MSE), successfully intercepted a threat representative tactical ballistic missile target yesterday at White Sands Missile Range, N.M. Â
The PAC-3 MSE Missile provides increased performance, greater altitude and range than the baseline PAC-3 Cost Reduction Initiative (CRI) Missile. Â As the first spiral development of the PAC-3 CRI Missile, the PAC-3 MSE Missile variant incorporates threat-driven and technology-enabled hardware and software upgrades to defeat the advancing threat set. The PAC-3 Missile is the only Patriot missile that utilizes hit-to-kill technology to destroy incoming targets.
"The PAC-3 MSE Missile performed extremely well," said Richard McDaniel, director of PAC-3 Missile programs at Lockheed Martin Missiles and Fire Control. Â "The continued evolution of the missile segment, combined with rigorous testing, will result in the fielding of a tremendous defensive capability for the Warfighter."
The PAC-3 MSE Missile was selected as the primary interceptor for the multi-national Medium Extended Air Defense System (MEADS) in September 2006. Â The MEADS program has completed hardware Critical Design Reviews and is now integrating and testing the radars, launchers, tactical operation centers and reloaders needed for system tests at White Sands Missile Range, N.M., in 2012.
Upgrades incorporated into the PAC-3 MSE Missile include:
*The solid-rocket motor now has a second pulse and is larger in diameter. Â
*Aerodynamic surfaces are larger and the span of the aft control surfaces is greater to accommodate the increased performance envelope.
*Thermal batteries have been sized consistent with increased performance and longer mission time.
*The PAC-3 MSE Missile is packaged in a single canister that stacks to provide flexibility for the Patriot or MEADS launcher load-out requirements.
Lockheed Martin achieved the first-ever hit-to-kill intercept in 1984 with the Homing Overlay Experiment, using force of impact alone to destroy a mock warhead outside of the Earth's atmosphere. Â Further development and testing produced today's PAC-3 Missile, which won a competition in 1993 to become the first hit-to-kill interceptor produced by the U.S. Government.
Lockheed Martin is a world leader in systems integration and the development of air and missile defense systems and technologies, including the first operational hit-to-kill missile. Â It also has considerable experience in missile design and production, infrared seekers, command and control/battle management, and communications, precision pointing and tracking optics, as well as radar and signal processing. Â The company makes significant contributions to all major U.S. missile defense systems and participates in several global missile defense partnerships.
Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Corporation reported 2009 sales of $45.2 billion.
For additional information, visit our website:
http://www.lockheedmartin.com

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Stardust-NExT Spacecraft Fires Engines to Delay Arrival at Comet

*Lockheed Martin-Built Spacecraft One Year Away From Encounter with Tempel 1
Defense News ~ DENVER, Feb. 19 /PRNewswire/ -- NASA's Stardust-NExT (New Exploration of Tempel) spacecraft fired its engines for 22 minutes 53 seconds on Feb. 17 to purposely delay its arrival at comet Tempel 1 by 8 hours 21 minutes. In one year, the Lockheed Martin- (NYSE:LMT - News) built spacecraft will still fly by the comet on Feb. 14, 2011, Valentines' Day, but the encounter time will now be 8:42 p.m. PT.
The low-cost Discovery Program Mission of Opportunity will expand the investigation of comet Tempel 1 initiated by NASA's Deep Impact spacecraft. The mission uses the still-healthy Stardust spacecraft to perform a flyby of comet Tempel 1 and obtain high-resolution images of the comet and hopefully the crater made by Deep Impact in July 2005. The delayed arrival will provide project scientists the best chance of seeing both previously imaged areas and news areas of Tempel 1. By taking photos of previously imaged areas of the comet, scientists can analyze terrain changes caused by the comet's close approach to the Sun on a successive orbit five and one-half years later.
The engine burn was performed autonomously at 2:00 p.m. PST while the spacecraft was out of contact from Earth. Spacecraft engineers at Lockheed Martin sent the trajectory correction maneuver commands to the spacecraft on Monday, Feb. 15. The maneuver reduced the spacecraft's velocity, relative to the sun, by 54 mph (24 meters per second). The spacecraft's velocity relative to the sun is 47,500 mph (21 km per second).
The robust spacecraft recently completed it 4,000th day of flight and had traveled approximately 3.4 billion miles (5.4 million kilometers) since its launch 11 years ago.
Throughout its two-mission life, Stardust has had many January and February milestones.
*Feb. 7, 1999 launch from Cape Canaveral Air Force Station
*Jan. 15, 2001 Earth gravity assist to meet up with comet Wild 2
*Jan. 2, 2004 encounter with comet Wild 2
*Jan. 15, 2006 sample return capsule returned safely back to Earth
*Jan. 14, 2009 Earth gravity assist to meet up with comet Tempel 1
*Feb. 14, 2011 future encounter with comet Tempel 1
Dr. Joseph Veverka at Cornell University is the principal investigator of the Stardust-NExT mission. JPL is managing Stardust-NExT for the NASA Science Mission Directorate, Washington, D.C. Lockheed Martin Space Systems Company designed and built the Stardust spacecraft and performs flight operations for the mission.
Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Corporation reported 2009 sales of $45.2 billion.
Allan Cheuvront video comments: http://www.lockheedmartin.com/products/StardustNExT
Stardust-NExT illustrations: http://www.lockheedmartin.com/products/StardustNExT
Mission Web site: http://stardustnext.jpl.nasa.gov
MEDIA CONTACT:
Gary Napier, Lockheed Martin Space Systems Company; (303) 971-4012;
gary.p.napier@lmco.com

Cost is critical factor in LCS competition-US Navy

* Contract valued at over $5 billion
* Navy aims to move away from system integrators

* Could stage competition for combat systems later
By Andrea Shalal-Esa
Defense News ~ WASHINGTON, Feb 20 (Reuters) - Cost will be the critical factor the U.S. Navy uses to judge competing designs from General Dynamics Corp (GD.N) and Lockheed Martin Corp (LMT.N) for a new class of fast, flexible, shallow-water warships, a top admiral said on Thursday.
Rear Admiral William Landay, program executive officer for Navy ships, said both designs met the Navy's requirements for its new Littoral Combat Ship (LCS), and the deciding factor would be procurement cost, even if one design offered certain advantages.
"While there are a number of factors in our RFP (request for proposals) ... in the end, for this particular acquisition, the cost of that ship is critically important to us, and that was our key overarching driver," Landay told reporters after addressing a conference hosted by Aviation Week magazine.
Analysts say the contract will be worth well over $5 billion to the winning bidder.
Landay said it was always a challenge in best-value competitions to weigh the benefits of certain capabilities, such as an extra knot of speed, against their costs. He said the competition was deliberately structured to account for the ships' total ownership costs, such as fuel use and staffing.
But at this point, procurement cost was the Navy's primary concern, given its plan to buy 55 of the ships and a congressional cost cap of $480 million per ship. "We're going to downselect to one, and the cost is going to be a critical piece of that. It's just the reality of it," Landay said.
The Navy gave industry the final terms for the competition in mid-January, and bids are in mid-March. It will pick a single winner to build 10 ships and combat systems for five more in late spring or early summer, Landay said.
Supporters of the General Dynamics ship, an aluminum three-hulled vessel based on a design by Australian shipbuilder Austal (ASB.AX), argue that a competition decided solely on price will overlook the additional hull capacity and other features of their vessel that could be beneficial to the Navy.
Lockheed's ship is a more traditional steel monohull that analysts say could be somewhat cheaper to build.
Landay said the Navy was determined to maintain competition in the program in the longer term, which is why it will launch a competition for a second shipbuilder in several years.
He said the final terms for the current competition made it clear that the winning contractor could not bid to build the second set of ships. He said there had been "a lot of give and take" with industry over that issue.
"We're trying to make sure we don't get ourselves in a case where somebody who wins the downselect owns or can influence the second shipbuilder. Then you don't have competition," Landay said.
He said the Navy was letting the contractors make their own decisions about teaming arrangements, and would see the outcome when bids were submitted next month.
The overall goal, he said, was to move away from having a prime contractor that served as the systems integrator for the ship program, and instead have separate suppliers for the ships themselves and their combat systems.
That approach could lead to changes in the industry teams that are competing for the work.
General Dynamics, for instance, may sever its shipbuilding relationship with Austal, which built the first General Dynamics LCS ship, while maintaining ties with Austal on the combat system, said two sources familiar with the issue who were not authorized to speak publicly.
Landay said the Navy could stage a separate competition for the combat systems part of the work in the future, but he gave no details.
(Reporting by Andrea Shalal-Esa; editing by John Wallace)

Lockheed Martin's Record-Setting C-5M Redefines Strategic Airlift

Defense News ~ ORLANDO, Fla., Feb. 19 /PRNewswire-FirstCall/ -- At the Air Force Association's 26th Annual Air Warfare Symposium, Lockheed Martin (NYSE:LMT - News) officials provided details on how the C-5M is cost-effective, saves fuel and increases strategic airlift reliability for the warfighter.
"This is an exciting time for the C-5 program," said Lorraine Martin, Lockheed Martin's vice president, C-5 program. "The C-5M is a game-changer for the warfighter and strategic airlift by being able to complete missions sooner, conserve fuel and carry more than any other U.S. airlifter while saving more than $9 billion for the taxpayer over the lifetime of the aircraft."
The C-5M set 42 world records in September 2009 and established new benchmarks in carrying more cargo, faster and farther than any other military airlifter. In October 2009, three C-5Ms delivered 3.8 million pounds of cargo in 34 missions during a 30-day surge operation, averaging more than 110,000 pounds of cargo per aircraft. By eliminating an en route stop, the C-5M saved more than 4,000 gallons of fuel and reduced fuel consumed by 13 percent compared to legacy C-5s.
"During the surge, the C-5M avoided more than 2,000 tons of carbon dioxide emissions and was the first to meet stage four noise compliance and certification, making the M an environmentally friendly strategic airlifter," said Martin. Â "The RERP [Reliability Enhancement and Reengining Program] production is on-track and we look forward to continuing the partnership with the Air Force to sustain and modernize the C-5 fleet for the total force, including the Guard and Reserve."
Current Air Force plans call for Lockheed Martin to deliver 52 C-5Ms by 2016. Three C-5Ms have been delivered to the U.S. Air Force at Dover Air Force Base, Del., with a fourth scheduled for delivery in September 2010.
Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Corporation reported 2009 sales of $45.2 billion.
For additional information, visit our Web site:
http://www.lockheedmartin.com


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Orbit International Corp.'s TDL Subsidiary to Demonstrate the Synexxus Oberon V4 Electronic Keel System, Designed for MRAP-ATV Vehicles at AUSA Sym&Ex

Orbit International Corp.'s TDL Subsidiary to Demonstrate the Synexxus Oberon V4 Electronic Keel System, Designed for MRAP-ATV Vehicles at AUSA Symposium and Exhibition
Defense News ~ HAUPPAUGE, N.Y.--February 19, 2010,(BUSINESS WIRE)--Orbit International Corp. (NASDAQ:ORBT - News), a defense and industrial electronics manufacturer and software solution provider, today announced that its Tulip Development Laboratory (“TDL”) subsidiary, located in Quakertown, PA, will be demonstrating its color LCD displays that have been supporting the Synexxus Inc. (“Synexxus”) Oberon V4 Electronic Keel (“Oberon”) System at the AUSA Symposium and Exhibition. Synexxus, located in Arlington, VA, has successfully designed an open architecture data distribution and information system that can be rapidly reconfigured for changing missions, supporting ground vehicle, shipboard, and avionic defense electronic programs. The AUSA Symposium and Exhibition will be held at the Broward County Convention Center, Fort Lauderdale, FL from February 25 to 27. TDL will be demonstrating the Oberon system that has been designed for deployment in the Mine Resistant Ambush Protected-All Terrain Vehicle (MRAP-ATV) manufactured by Oshkosh Corporation.
David Gutman, President of TDL indicated, “While working with Synexxus, it was obvious their team objective was to develop a cost competitive, versatile, open architecture networking system for a number of mission critical programs. In addition to providing the vehicle operators with a much improved situational awareness picture, Oberon has managed to reduce space, weight and power requirements from an armored vehicle by eliminating the need for redundant processors, laptops, and excess cablings.”
Gutman commented, “What has made our working relationship with Synexxus most rewarding, has been our realization that their primary objective was not driven by a rigid and structured business plan, but rather by a team commitment that if successful, would help save lives. I believe the true Synexxus mission was to design a data distribution system now designated Oberon V4, deployable for the family of MRAP`s that would help defend our troops within a safer vehicle, and limit causalities as our armed forces complete their current mission objectives in Iraq and Afghanistan.”
Dennis Sunshine, President and Chief Executive Officer of Orbit International Corp. commented, “As we previously announced, TDL has recently relocated to a larger Quakertown, PA facility, and is now well positioned to meet potential high quantity production requirements for Oberon, supporting, time-sensitive deployment schedules. In addition, TDL is currently working with a number of prime contractors on additional display opportunities that would utilize its increased facility capacity.”
During the upcoming AUSA Exhibition, TDL will be demonstrating an Oberon system, which has been extensively field tested, and is currently deployed in a limited number of MRAP vehicles operating throughout Iraq.
Deployed during Operation Iraqi Freedom (“OIF”) in the spring of 2009, Oberon successfully passed 10,000 operational hours without any significant failure. Currently deployed in five different vehicle configurations, the Oberon system has successfully demonstrated the significant amount of time saved by the Explosive Ordnance Disposal (“EOD”) teams that are exposed to enemy fire during the set-up and deployment of assets while prosecuting Improvised Explosive Devices (IED's). An Air Force Staff Sergeant formerly assigned to an EOD unit in Iraq was recently quoted, “Using Oberon allowed my team to defeat an IED in 20 minutes, when it would otherwise take almost two hours.”
Sunshine concluded, “Having the opportunity to work first hand with the Synexxus team has truly been a privilege. Synexxus has now proven it has developed a reliable, versatile networking system that can be easily deployed in a number of MRAP-ATV vehicles. Most recently, Oberon has been successfully deployed and is currently operational for new shipboard and aircraft program opportunities. Due to the unprecedented number of requests from operators in the field that have had experience with the system capabilities, we anticipate the production and integration of the Oberon system will require ramped up quantities for deployment into MRAP-ATV vehicles that will be shipped to Afghanistan on an accelerated program schedule.”
Orbit International Corp. is involved in the manufacture of customized electronic components and subsystems for military and nonmilitary government applications through its production facilities in Hauppauge, New York, and Quakertown, Pennsylvania; and designs and manufactures combat systems and gun weapons systems, provides system integration and integrated logistics support and documentation control at its facilities in Louisville, Kentucky. Its Behlman Electronics, Inc. subsidiary manufactures and sells high quality commercial power units, AC power sources, frequency converters, uninterruptible power supplies and COTS power solutions.
Certain matters discussed in this news release and oral statements made from time to time by representatives of the Company including, but not limited to, statements regarding any acquisition proposal and whether such proposal or a strategic alternative thereto may be considered or consummated; statements regarding our expectations of Orbit’s operating plans, deliveries under contracts and strategies generally; statements regarding our expectations of the performance of our business; expectations regarding costs and revenues, future operating results, additional orders, future business opportunities and continued growth, may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the Federal securities laws. Although Orbit believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that its expectations will be achieved.
Forward-looking information is subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. Many of these factors are beyond Orbit International's ability to control or predict. Important factors that may cause actual results to differ materially and that could impact Orbit International and the statements contained in this news release can be found in Orbit's filings with the Securities and Exchange Commission including quarterly reports on Form 10-Q, current reports on Form 8-K, annual reports on Form 10-K and its other periodic reports and its registration statement on Form S-3 containing a final prospectus dated January 11, 2006. For forward-looking statements in this news release, Orbit claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Orbit assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise.
Contact:
Orbit International Corp.
Mitchell Binder, 631-435-8300
Executive Vice Presidentor
Tulip Development Laboratory
David Gutman, 215-538-8820
President

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L-3 Agrees to Acquire Insight Technology, Expands Electro-Optical and Night Vision Business

Defense News ~ NEW YORK--February 19, 2010, (BUSINESS WIRE)--L-3 Communications (NYSE: LLL - News) announced today that it has entered into an agreement to acquire Insight Technology Incorporated (Insight). Insight develops and manufactures mission critical night vision and electro-optical equipment including laser aiming and illumination devices, laser rangefinders, laser markers and designators, night vision goggles and monoculars, and thermal imaging systems. Headquartered in Londonderry, New Hampshire, Insight employs approximately 1,100 people. Insight’s products are used by the U.S. military, federal law enforcement agencies and allied nations. The purchase price was not disclosed and will be funded with cash on hand.
The acquisition is anticipated to be completed in the second quarter of 2010, subject to customary closing conditions and regulatory approvals, and will be structured as an asset purchase for income tax purposes. Insight is expected to generate approximately $290 million of sales for the twelve months ending December 31, 2010. Before giving effect to the present value of tax related benefits of the transaction and expected synergies, the purchase price represents a multiple of approximately nine times estimated 2010 earnings before interest, taxes, depreciation and amortization (EBITDA). The acquisition is expected to be immediately accretive to L-3’s results of operations.
“By combining Insight’s outstanding people and innovative products with our existing portfolio, we add important new capabilities to L-3,” said Michael T. Strianese, chairman, president and chief executive officer. “Insight’s entrepreneurial culture and dedication to customer needs make this a natural fit and is a great example of L-3 successfully executing its acquisition strategy.”
Pending the successful completion of this transaction, Ken Solinsky, Insight’s founder and president, will become president of L-3’s newly created Warrior Systems Sector. Mr. Solinsky will report to James W. Dunn, senior vice president and president of L-3’s Sensors and Simulation Group. The Warrior Systems Sector will include Insight and L-3’s existing electro-optical/infrared (EO/IR) businesses currently addressing the warrior systems market and will be reported in L-3’s Electronic Systems segment.
“Insight expands and broadens L-3’s warrior systems capabilities, a key strategic growth area for L-3,” added Mr. Dunn. “Leveraging Insight’s industry leading products, engineering skills and manufacturing agility, we can deliver higher performing systems, with faster speed and greater value, to our customers.”
Mr. Solinsky concluded, “Insight and select L-3 businesses have been working together for nearly 20 years. We know each other well and have the utmost respect for each other’s capabilities. This combination enables us to build on these relationships. By combining advanced components, technologies and system capabilities, L-3’s Warrior Systems Sector will be able to provide advanced night vision and electro-optical systems to our nation’s warfighters and homeland defenders in a highly effective manner. These dedicated individuals deserve the best equipment, delivered on time, with high quality and reasonable prices. I am pleased and honored to have been chosen to lead the Warrior Systems Sector and pledge to do my best in support of our warfighters.”
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 2009 sales of $15.6 billion.
To learn more about L-3, please visit the company's Web site at http://cts.businesswire.com/
L-3 uses its Web site as a channel of distribution of material company information. Financial and other material information regarding L-3 is routinely posted on the company's Web site and is readily accessible.
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995
Except for historical information contained herein, the matters set forth in this news release are forward-looking statements. Statements that are predictive in nature, that depend upon or refer to events or conditions or that include words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “estimates,” “will,” “could” and similar expressions are forward-looking statements. The forward-looking statements set forth above involve a number of risks and uncertainties that could cause actual results to differ materially from any such statement, including the risks and uncertainties discussed in the company’s Safe Harbor Compliance Statement for Forward-looking Statements included in the company’s recent filings, including Forms 10-K and 10-Q, with the Securities and Exchange Commission. The forward-looking statements speak only as of the date made, and the company undertakes no obligation to update these forward-looking statements
Contact:
L-3 Communications
Corporate Communications
212-697-1111
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