Thursday, August 27, 2009

Over One-Third of Americans Believe Fewer Troops Should be Committed in Afghanistan

ROCHESTER, N.Y.--On Thursday August 27, 2009, (BUSINESS WIRE)--As the situation in Afghanistan, especially in the wake of the current elections and the vote-counting, continues to deteriorate for U.S. troops on the ground, Americans may be thinking of this situation in a similar manner as they once thought about Iraq. In the past six months, even fewer U.S. adults believe more troops should be committed to the war there and more Americans believe fewer troops should be committed.
These are some of the results of a new BBC World News America/The Harris Poll® of 2,004 adults surveyed online between August 12 and 14, 2009 by Harris Interactive®..
In January, President Obama proposed sending an additional 30,000 or more troops to support the U.S. and allied troops there. At that time, just one-third (33%) of all adults supported this increase. Many people thought we should either keep the same level of troops (21%) or cut the number there (27%).
Currently, just one-quarter (25%) of Americans support sending more troops to Afghanistan while one in five (20%) want to keep the level of troops the same and 37% want to commit fewer troops. Among women, almost half (45%) want to cut the number of troops while 37% of men say they want to commit more troops to the war in Afghanistan.
There is also an age difference on this issue – the older one is, the more likely they are to say they want to commit more troops. Just under one-quarter of those aged 18-34 (23%) say they want to commit more troops compared to 44% of those aged 55 and older. The reverse is true with sending fewer troops as almost two in five of those aged 18-34 (38%) say they believe the U.S. should commit fewer troops while 14% of those aged 55 and older say the same. Educational levels also show a difference. Two in five of those with a high school or less education and college graduates (41% and 39% respectively) say they believe the U.S. should commit more troops in Afghanistan while two in five people with some college (39%) say the U.S. should commit fewer troops.
So What?As there is more violence there, and more U.S. casualties there as well, Americans are hearing more about Afghanistan and, therefore, paying more attention to the conflict. And, as such, it is clear that Iraq may not be far from their minds as Americans are saying that they would prefer to see fewer troops in Afghanistan. President Obama has a lot on his plate domestically, but this is an issue that is moving to the forefront of Americans’ minds and he can’t afford to let this slip.
The Harris Poll® #95By Regina A. Corso, Director, The Harris Poll
MethodologyThis BBC World News America/Harris Poll® was conducted online within the United States August 12 and 14, 2009, among 2,004 adults (aged 18 and over). Figures for age, sex, race/ethnicity, education, region and household income were weighted where necessary to bring them into line with their actual proportions in the population. Propensity score weighting was also used to adjust for respondents’ propensity to be online. Full data tables and methodology are available at www.harrisinteractive.com
These statements conform to the principles of disclosure of the National Council on Public Polls.
About Harris InteractiveHarris Interactive is a global leader in custom market research. With a long and rich history in multimodal research, powered by our science and technology, we assist clients in achieving business results. Harris Interactive serves clients globally through our North American, European and Asian offices and a network of independent market research firms. For more information, please visit www.harrisinteractive.com

Mundus Group, Inc. Announces AirStar Weather Systems to Continue VTOL UAV Patrols for Government Agencies in Gulf Coast States Providing Real Time....

Mundus Group, Inc. Announces AirStar Weather Systems to Continue VTOL UAV Patrols for Government Agencies in Gulf Coast States Providing Real Time Data on 'Lookout' for Hurricane Bill
LOS ANGELES, Aug. 27 /PRNewswire-FirstCall/ -- Today Mundus Group, Inc. announced AirStar Weather Systems will continue VTOL UAV patrols for government agencies in the Gulf Coast States, providing real time data on "lookout" for hurricane Bill.
Why AirStar Weather Systems was called to Service
After Ike in 2008, AirStar delivered 12 Weather System Drones, state of the art unmanned air vehicles, to Texas, Louisiana and Gulf coast government agencies for hurricane observation and early warning systems. Ike was blamed for at least 195 deaths. Of these, 74 were in Haiti, which was already trying to recover from the impact of three storms earlier that year: Fay, Gustav, and Hanna. In the United States, 112 people were killed, and 34 are still missing. Damages from Ike in US coastal and inland areas are estimated at $24 billion (2008 USD), with additional damage of $7.3 billion in Cuba, $200 million in the Bahamas, and $500 million in the Turks and Caicos, amounting to a total of $32 billion in damages.
AirStar Weather Systems (AWS) www.airstaruav.com is a dual-purpose service provider, primarily marketed as an advanced meteorological technology drone. AirStar's remote controlled UAV VTOL is equipped with technologies providing real time analysis information, that when used with regional and county wide weather network services, provides a cost effective solution for gathering enhanced real time data for weather systems predictions with greater accuracy.
AirStar Weather System's greatest strengths and appeal are in its protection of life and property with unmanned performance as an early warning system during national emergency weather alerts for severe thunder storms and hurricanes to coastal cities and across the "tornado alley" from Oklahoma and Texas panhandle through Kansas and Nebraska and the world.
Just as important, AWS' second mode or purpose is provided after the storm to search for survivors and observe and protect against looters and report fires, floods and damage to infrastructure while providing visual inspection and life saving information to rescue teams in areas that would be impossible to reach by ground.
The National Oceanic and Atmospheric Administration's Weather Service Climate Prediction Center said Thursday that there could be as many as three major hurricanes during this year's 2009 Atlantic hurricane season. Forecasters at the Center said there's a 70% chance of having nine to 14 named storms, of which four to seven could become hurricanes. One to three of those could become major hurricanes, defined as Category 3, 4 or 5 storms.
Following its plan to maximize the commercial technological potential of its patented state of the art VTOL UAV Drone technology, parent company Mundus Group and subsidiary AirStar International have formed the AirStar Weather Systems division to provide a dedicated service to coastal communities, offshore oil and gas interests, as well as to meteorological agencies world wide. AirStar Weather Systems can function as part of an enhanced weather systems' analysis network or a "stand alone" severe thunderstorm, tornado and hurricane early warning and patrol system. The AirStar Weather Systems division will support those AirStars currently in service with government agencies on Gulf Coast patrol since Hurricane Ike.
About The Mundus Group, Inc.
The Mundus Group, Inc. (Pink Sheets: MNDP - News) is an advanced aerospace technology consortium providing patented Vertical Take Off and Landing (VTOL) technology for experimental aircraft and Unmanned Air Vehicles (UAV) since 1990 through its fully owned VTOL division, Roadable Aircraft International (RAI). Newly acquired subsidiary AirStar, has been an innovator and world leader in Unmanned Air Vehicles and Remote Controlled Vertical Take off and Landing technology for the past 20 years in the design, engineering, development, production and sales of cutting edge remote controlled (RC) unmanned air vehicles (UAVs) for US military, international government and civilian surveillance services, fire and rescue departments, as well as world renowned aerial cinematography for movie and commercial production, aerial photography and laboratory / product data testing.
Mundus is at the cutting edge of jet turbine-ducted fan technology and fuses state of the art design engineering and a prototyping facility with computer assisted auto flight technologies, Remote Controlled (RC) and composite technologies industry segments.
From US Navy co-developed UAVs for aerial observation and environmental testing to advanced VTOL aerospace technology for civilian and military uses, Mundus Group, Inc. is developing revolutionary products with global potential for change that offers economic protection and growth opportunities for investors.
This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. MNDP has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions.
These statements reflect the MNDP's current beliefs and are based upon information currently available to it.
Accordingly, such forward looking statements involve known and unknown risks, uncertainties and other factors which could cause the MNDP's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. MNDP undertakes no obligation to update or advise in the event of any change, addition or alteration to the information catered in this Press Release including such forward-looking statements.

Wednesday, August 26, 2009

Australia's Second A330 Multi-Role Tanker Transport Achieves Successful "power on" Milestone

ARLINGTON, VA--(Marketwire - 08/26/09) - The second A330 Multi-Role Tanker Transport (MRTT) aircraft for Australia has completed its mission equipment outfitting with a successful "power on" milestone, and is being readied for pre-delivery flight testing. The aircraft underwent conversion to the A330 MRTT military configuration in Australia. Qantas Engineering performed the mission equipment outfitting at its Brisbane Airport facility with the support of Airbus Military, underscoring the capability of EADS and its subsidiaries to transfer complex industrial processes around the globe.
One of the key achievements of the "power on" milestone is verifying successful operation of more than 400 installed wiring harnesses -- with more than 35 miles of cabling and 1600 connectors -- that go into the MRTT as part of its military modifications. It is a key step prior to the commencement of ground and flight test of the aerial refueling systems and military avionics. Following flight test in Australia, the aircraft will fly to Madrid, Spain, for further modifications prior to joining the first MRTT in the certification and qualification flight program.
The Royal Australian Air Force's A330 MRTT is based on the same general configuration as the Northrop Grumman KC-45 being offered for recapitalization of the U.S. Air Force's aging tanker fleet. Both A330-200 aircraft feature EADS' advanced Aerial Refueling Boom System (ARBS), along with a pair of 905E under-wing hose-and-drogue air refueling pods. The KC-45 will also have a hose-and-drogue fuselage refueling unit on the centerline. This mix of boom and pod refueling technologies ensures the A330 MRTT and KC-45 can transfer fuel to all types of receiver aircraft during a single mission without reconfiguration.
Australia has ordered five A330 MRTTs, the first of which began a highly successful flight-test program in June 2007. Two of the multi-role platforms will be delivered to Australia in 2010. As with the second aircraft, the remaining three Australian MRTTs will undergo mission equipment outfitting at the Qantas Engineering facility. Conversion of the next of these aircraft is already underway.
The successful transfer of these complex industrial capabilities validates a foundational element of the Northrop Grumman KC-45 program for the U.S. Air Force. The aircraft will be assembled and configured for the U.S. Air Force by EADS North America and Northrop Grumman at a new American aerospace center of excellence that will be constructed in Mobile, Alabama.
At the heart of both the A330 MRTT and KC-45 is the EADS fly-by-wire ARBS, which provides highly accurate, reliable in-flight refueling for a full range of aircraft -- from fighters to airlifters. Its high-resolution, panoramic, 3D-vision system enables the boom operator to remotely control the system from the cockpit during day, night and all-weather operations. The ARBS' maximum nominal fuel flow rate is 1,200 U.S. gallons per minute.
The A330 MRTT has won all of the latest competitions for advanced aerial refueling aircraft. In addition to the Royal Australian Air Force's acquisition, it has been selected by the air forces of the United Kingdom, Saudi Arabia and the United Arab Emirates. Saudi Arabia's original order for three A330 MRTTs was recently doubled to a total of six aircraft, further solidifying the aircraft's position as the world's leading advanced aerial refueling platform.
About EADS North America
EADS North America is the North American operation of EADS, a global leader in aerospace, defense and related services. As a leader in all sectors of defense and homeland security, EADS North America and its parent company, EADS, contribute over $11 billion to the U.S. economy annually and support more than 200,000 American jobs through its network of suppliers and services. Operating in 17 states, EADS North America offers a broad array of advanced solutions to its customers in the commercial, homeland security, aerospace and defense markets.

Northrop Grumman gets billions in U.S. contracts

WASHINGTON On Wednesday August 26, 2009, 5:54 pm EDT (Reuters) - Northrop Grumman Corp (NYSE:NOC - News) was awarded a U.S. Air Force contract boost, up to $3.4 billion, to support the radar-evading B-2 bomber, the Defense Department said on Wednesday.
At the same time, Los Angeles-based Northrop said it had received a U.S. Navy contract valued at roughly $2.4 billion for the refueling and overhaul of the Theodore Rossevelt, a nuclear-powered aircraft carrier.
The Pentagon, in its daily contract digest, did not specify the previous ceiling value of Northrop's bomber contract. The United States deploys 20 B-2s.
A company spokesman could not immediately specify the previous value of the B-2 contract.
Work on the aircraft carrier is scheduled to last more than three years and will be the ship's one and only refueling and complex overhaul in a 50-year life span, Northrop said.
The Roosevelt is the fourth ship of the Nimitz class to undergo this major milestone.
More than 3,800 Northrop Grumman Shipbuilding employees would be working aboard the carrier during peak periods of the project, the company said.
Northrop shares closed down 46 cents to end the day's trade on the New York Stock Exchange at $48.90.

Navistar Financial Announces Renewal of $650 Million Dealer Inventory Funding Facility

WARRENVILLE, Ill.--On Wednesday August 26, 2009, 4:32 pm EDT (BUSINESS WIRE)--Consistent with previous guidance, Navistar Financial Corporation, a wholly owned subsidiary of Navistar International Corporation (NYSE: NAV - News), today announced that as part of its strategy for refinancing its wholesale portfolio it has signed an agreement for a one-year renewal of a $650 million dealer floor plan funding facility, effective immediately. This conduit-based facility is funded through two of NFC’s major relationship banks.
“This renewal, in conjunction with other initiatives, will fully support our ongoing wholesale business, which helps dealers purchase their floor plan inventory,” said David Johanneson, president and chief executive officer of Navistar Financial. “The credit quality of our portfolio and the health of our dealer network continue to earn the ongoing confidence of our key relationship banks.”
“The completion of this renewal is another important step in our strategy to renew Navistar Financial’s bank facility by year-end,” added Johanneson.
Navistar International Corporation (NYSE: NAV - News) is a holding company whose subsidiaries and affiliates produce International® brand commercial and military trucks, MaxxForce® brand diesel engines, IC Bus™ brand school and commercial buses, Monaco RV brands of recreational vehicles, and Workhorse® brand chassis for motor homes and step vans. It also is a private-label designer and manufacturer of diesel engines for the pickup truck, van and SUV markets. The company also provides truck and diesel engine service parts. Navistar Financial Corporation provides financial programs and services tailored to satisfy all Navistar’s customer and dealer equipment financing needs. Additional information is available at: www.navistar.com.
Forward-Looking Statement
Information provided and statements contained in this report that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. Such forward-looking statements only speak as of the date of this report and the company assumes no obligation to update the information included in this report. Such forward-looking statements include information concerning our possible or assumed future results of operations, including descriptions of our business strategy. These statements often include words such as “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate,” or similar expressions. These statements are not guarantees of performance or results and they involve risks, uncertainties, and assumptions. For a further description of these factors, see Item 1A, Risk Factors of our Form 10-K for the fiscal year ended October 31, 2008, which was filed on December 30, 2008 as modified by Item 1A, Risk Factors of our Form 10-Q for the second quarter ended April 30, 2009, which was filed on June 9, 2009 . Although we believe that these forward-looking statements are based on reasonable assumptions, there are many factors that could affect our actual financial results or results of operations and could cause actual results to differ materially from those in the forward-looking statements. All future written and oral forward-looking statements by us or persons acting on our behalf are expressly qualified in their entirety by the cautionary statements contained or referred to above. Except for our ongoing obligations to disclose material information as required by the federal securities laws, we do not have any obligations or intention to release publicly any revisions to any forward-looking statements to reflect events or circumstances in the future or to reflect the occurrence of unanticipated events.

U.S. Army Awards General Dynamics $100 Million to Produce M2 Flex Machine Guns

CHARLOTTE, N.C., Aug. 26 /PRNewswire-FirstCall/ -- The U.S. Army TACOM-Rock Island, Ill., has awarded General Dynamics Armament and Technical Products a four-year indefinite delivery, indefinite quantity (IDIQ) contract for the production of M2 flex machine guns. Production under initial delivery orders valued at approximately $100 million is scheduled to be completed by April 2012. General Dynamics Armament and Technical Products is a business unit of General Dynamics (NYSE: GD - News).
Dean Gagnon, General Dynamics Armament and Technical Products gun systems senior program manager, said, "The M2 flex is a belt-fed, recoil-operated, air-cooled, crew-served weapon capable of right- or left-hand feed. The weapon's accuracy, durability and versatility make it ideal for offensive and defensive operations."
The guns will be produced at General Dynamics Armament and Technical Products' Saco, Maine, facility, which has delivered more than 35,000 M2 machine guns to the U.S. government since 1979. Program management will be performed at the company's Burlington, Vt.-based Technology Center.
General Dynamics Armament and Technical Products' site in Saco is the company's production site for single- and multi-barrel aircraft and crew-served weapon systems. This site, along with the Burlington, Vt. location, provides complete production capabilities, from design and development to manufacturing, testing and integration.
General Dynamics, headquartered in Falls Church, Va., employs approximately 92,000 people worldwide. The company is a market leader in business aviation; land and expeditionary combat systems, armaments and munitions; shipbuilding and marine systems; and information systems and technologies. More information about General Dynamics is available online at www.generaldynamics.com

Lockheed Martin Team Recognized by Naval Air Systems Command

MANASSAS, Va., Aug. 26 /PRNewswire/ -- The Naval Air Systems Command (NAVAIR) has presented a Commander's National Award to Lockheed Martin (NYSE: LMT - News) and other members of the Maritime Patrol and Reconnaissance Aircraft (MPRA) Acoustic Commonality Team. The Commander's National Award recognizes technical, business and leadership excellence in support of NAVAIR's strategic priorities including current readiness, future capabilities and people. Lockheed Martin was recognized in the research, development, test and evaluation category.
"This is a tremendous achievement and I commend Lockheed Martin's participation with the Navy and Boeing to align the P-3 and P-8 acoustic systems to a common open architecture framework," said Capt. Mike Moran, MPRA program manager for NAVAIR. "The MPRA fleet will benefit from this joint effort for years to come."
The MPRA Common Acoustic Software Baseline is deployed on the U.S. Navy's P-3C Orion Anti-Submarine aircraft and ready for incorporation into the P-8A Poseidon aircraft. This program implements a rapid Commercial Off-the-Shelf (COTS) insertion model for aircraft acoustics based on the successful Acoustic Rapid COTS Insertion program aboard U.S. Navy submarines. In the aircraft program, acoustic systems on the P-3C receive annual software advanced processing builds, called APBs. Along with the APBs, hardware technology refresh activity occurs approximately every two years to keep the acoustic suites on these aircraft continuously refreshed with the latest acoustic signal processing capabilities. This program provides for the future incorporation of signal processing into the P-8A platform with minimal cost and risk.
"Lockheed Martin has been the prime contractor for the P-3C Acoustic system for more than 25 years," said Dave Dietzen, Lockheed Martin senior program manager, P-3 Programs. "Working with the Navy to leverage open architecture and the methodologies from an ARCI business model into the Air community has provided significant advancements in our ability to transition new warfighting capabilities to the fleet."
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.

Goodrich to Address Gabelli and Company's 15th Annual Aircraft Supplier Conference

*Address to be webcast on Goodrich website
CHARLOTTE, N.C.--On Wednesday August 26, 2009, 9:00 am EDT (BUSINESS WIRE)--Paul Gifford, Vice President of Investor Relations for Goodrich Corporation (NYSE: GR - News), will address Gabelli and Company’s 15th Annual Aircraft Supplier Conference in New York City on Thursday, Sept. 10, 2009. He is scheduled to speak at 7:30 a.m. – 8:00 a.m. Eastern time.
A live audio webcast and slide presentation will be available during the presentation on www.goodrich.com -- see “Gabelli Conference Webcast Sign-Up” link. Following the conference, the archived webcast will be available for replay.
Goodrich Corporation, a Fortune 500 company, is a global supplier of systems and services to aerospace, defense and homeland security markets. With one of the most strategically diversified portfolios of products in the industry, Goodrich serves a global customer base with significant worldwide manufacturing and service facilities. For more information visit http://www.goodrich.com.

Adapx Receives Certificate of Networthiness From U.S. Army for Capturx Solutions

SEATTLE, WA--(Marketwire - 08/26/09) - Adapx (www.adapx.com) today announced that its Capturx software for digital pens has received a Certificate of Networthiness (CoN) from the U.S. Army's Network Technology Command (NETCOM) for automating paper-based medical records within MedCom. The certification signifies successful completion of a stringent assessment to ensure that the Capturx software installed on U.S. Army computers are secure, supportable, sustainable, and compatible with the Army Enterprise Infrastructure's (AEI).
"Adapx has been providing innovative software to the Department of Defense since 2001 so we're proud to receive this certificate," said Ken Schneider, CEO at Adapx. "This certification reflects our commitment to delivering the DoD and other agencies with secure and reliable ways to automate data collection for any paper-based process."
More than 500 organizations are using Capturx -- ranging from large enterprises such as Holland America Line and EMCOR to agencies such as NASA and the Port of Seattle. Capturx is used in the Department of Defense to automate paper-based data collection processes ranging from medical records to facilities management.
Only Capturx enables teams to instantly digitize information as it's written with digital pens that automatically integrate data into Microsoft(TM) Office, Autodesk, and ArcGIS. Mobile workers can immediately share field data, improve collaboration and speed decision making, without the extra time and cost of scanning, sending, and transcribing paper -- or deploying mobile computers or PDAs. Capturx products are available on the GSA Schedule [GS-35F-0131R].
About Adapx
Adapx is changing the way mobile teams collect data and collaborate with Capturx(TM) software for digital pens. A broad range of industries and agencies use Capturx products as natural interfaces into Microsoft Office, GIS, and CAD systems through digital pens and voice. Teams can immediately collect and access data in native file formats and systems without the delay and cost of transcribing paper or deploying mobile computers. Adapx has strategic partnerships with Microsoft, Autodesk, ESRI, Lockheed Martin, In-Q-Tel, and works with standard digital pen technology from Anoto. For more information, please visit www.adapx.com, send email to sales@adapx.com, or follow Adapx on Twitter at www.twitter.com/Capturx.
Adapx and Capturx, and their respective logos are trademarks, registered trademarks, or service marks of Adapx Corporation. Other products and company names mentioned are the trademarks of their respective owners.

Raytheon to Provide IT Services to the Environmental Protection Agency

RESTON, Va., Aug. 26, 2009 /PRNewswire/ -- Raytheon Company (NYSE: RTN - News) has been selected to provide information technology (IT) infrastructure support and solutions through the Information Technology Solutions-Environmental Protection Agency II (ITS-EPA II) contract, further expanding its extensive services provided to the EPA.
The multiple-supplier award Blanket Purchase Agreement under U.S. General Services Administration's Schedule 70 IT professional services has a ceiling value of $955 million.
Under ITS-EPA II, Raytheon will provide innovative, agile, scalable and cost-effective IT solutions to meet the requirements of the agency and to support EPA's mission goals. Raytheon will help the Office of Environmental Information provide a broad range of IT services to enable secure information exchange, data analysis, scientific investigation and informed decision-making across government and the environmental community.
"We look forward to helping increase efficiencies and supporting EPA's important environmental mission with our culture of continuous improvement," said TW Scott, vice president of Raytheon Information Solutions. "As a responsible steward of the environment, Raytheon is committed to sustainability as evidenced by successive awards from the EPA for the company's energy management and climate leadership initiatives, and receipt of an InfoWorld 2009 Green 15 Award for Green IT practices."
The ITS-EPA II contract will further expand Raytheon's existing environmental services, which include remote sensing, data management and geographic information systems at multiple EPA ecology research laboratories across the country.
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.

Arotech Announces $1.5 Million in Battery and Charger Orders

AUBURN, AL--(Marketwire - 08/26/09) - Arotech Corporation (NASDAQ:ARTX - News), a provider of quality defense and security products for the military, law enforcement and security markets, announced today that its Battery and Power Systems Division has received new orders in excess of $1.5 million for Lithium-Ion primary and rechargeable batteries, chargers and battery components. The order comes from a number of customers around the world and will be used in applications such as communication devices, night vision equipment and the powering of unmanned air vehicle (UAVs).
"Our batteries and rechargeable are continually becoming a preferred choice to militaries around the world and we are delighted to once again provide our customers with our leading edge technologies for the various and growing list of applications," said Robert S. Ehrlich, Chairman and CEO of Arotech Corporation. "We now have one of the highest backlogs in the Company's history and remain confident this will be the Battery and Power Systems best year since inception and we are optimistic for the same with Simulation and Armor," concluded Ehrlich.
About Arotech's Battery and Power Systems Division
Arotech's Battery and Power Systems Division is a leading provider of primary and rechargeable batteries and chargers for defense and other military applications. Arotech develops and produces high power zinc-air batteries and is believed to be the sole supplier of this technology to the US military. In addition, Arotech develops high-end primary and secondary batteries and associated chargers and has vast experience in working with government agencies, the military and large corporations.
The Battery and Power Systems Division consists of Electric Fuel Battery Corporation, Electric Fuel Ltd., and Epsilor Electronic Industries Ltd.
About Arotech Corporation
Arotech Corporation is a leading provider of quality defense and security products for the military, law enforcement and homeland security markets. Arotech provides multimedia interactive simulators/trainers, lightweight armoring and advanced zinc-air and lithium batteries and chargers. Arotech operates through three major business divisions: Armor, Training and Simulation, and Batteries and Power Systems.
Arotech is incorporated in Delaware, with corporate offices in Ann Arbor, Michigan and research, development and production subsidiaries in Alabama, Michigan and Israel.
Except for the historical information herein, the matters discussed in this news release include forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995, including the effect of any share repurchases by Arotech. Forward-looking statements reflect management's current knowledge, assumptions, judgment and expectations regarding future performance or events. Although management believes that the expectations reflected in such statements are reasonable, readers are cautioned not to place undue reliance on these forward-looking statements, as they are subject to various risks and uncertainties that may cause actual results to vary materially. These risks and uncertainties include, but are not limited to, risks relating to: product and technology development; the uncertainty of the market for Arotech's products; changing economic conditions; delay, cancellation or non-renewal, in whole or in part, of contracts or of purchase orders; dilution resulting from issuances of Arotech's common stock upon conversion or payment of its outstanding convertible debt, which would be increasingly dilutive if and to the extent that the market price of Arotech's stock decreases; and other risk factors detailed in Arotech's most recent Annual Report on Form 10-K for the fiscal year ended December 31, 2008 and other filings with the Securities and Exchange Commission. Arotech assumes no obligation to update the information in this release. Reference to the Company's website above does not constitute incorporation of any of the information thereon into this press release.

LaBarge Awarded $2.6 Million Contract for MESA Advanced Military Radar System

ST. LOUIS--On Wednesday August 26, 2009, 7:00 am EDT (BUSINESS WIRE)--LaBarge, Inc. (AMEX: LB - News) has been awarded a $2.6 million contract from Northrop Grumman Corporation (NYSE: NOC - News) to continue to provide electronic subsystems for the MESA (Multi-role Electronically Scanned Array) radar system.
The MESA radar is an advanced airborne surveillance radar system used in military aircraft with airborne early warning and control (AEW&C) platforms. Currently flying in the next-generation 737-700 series aircraft produced by The Boeing Company (NYSE: BA - News), the radar is mounted atop the fuselage and has a long detection range with a 360-degree electronic scan that can simultaneously track air and sea targets, covering the entire operational area with an integrated identification friend or foe (IFF) mode. The MESA radar allows the AEW&C aircraft to operate farther back from the battle lines while it detects and tracks targets in high threat areas.
Production on the contract is expected to begin in September 2009 and continue through February 2010 at LaBarge's Huntsville, Ark., facility. LaBarge is a Northrop Grumman Preferred Supplier and has been a member of the MESA production team since 2002.
LaBarge, Inc. is a broad-based provider of electronics to technology-driven companies in diverse markets. The Company provides its customers with sophisticated electronic and electromechanical products through contract design and manufacturing services. Headquartered in St. Louis, LaBarge has operations in Arkansas, Missouri, Oklahoma, Pennsylvania, Texas and Wisconsin. The Company's Web site may be accessed at http://www.labarge.com.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements reflect management's current expectations and involve a number of risks and uncertainties. Actual results may differ materially from such statements due to a variety of factors that could adversely affect LaBarge, Inc.'s operating results. These risks and factors are set forth in documents LaBarge, Inc. files with the Securities and Exchange Commission, specifically in the Company's most recent Annual Report on Form 10-K and other reports it files from time to time. These forward-looking statements speak only as of the date such statements were made, or as of the date of the report or document in which they are contained, and the Company undertakes no obligation to update such information.

CAE awarded military contracts valued at more than C$100 million

MONTREAL, QUEBEC--(Marketwire - 08/26/09) - (TSX:CAE - News)(NYSE:CAE - News) - CAE today announced a series of military contracts with prime contractors and other military customers valued at more than C$100 million. Key customers include Eurocopter, Airbus Military and L-3 Communications.
"One of our strategic priorities has been to establish close relationships with major defence prime contractors and original equipment manufacturers," said Martin Gagne, CAE's Group President, Military Simulation Products, Training and Services. "Contracts with Eurocopter on major upgrades to the German CH-53 training systems and Airbus Military on two A330 tanker programs are perfect examples of CAE working closely with prime contractors to support military forces around the world."
Eurocopter
CAE has been awarded a contract by Eurocopter to perform major upgrades on two CAE-built CH-53 full-mission simulators operated at the German Army Aviation School at Buckeburg. Eurocopter will be upgrading 40 CH-53 helicopters for the German Army with new avionics, communications systems, night vision capabilities, and other new functionalities. As part of the CH-53 helicopter upgrade program, Eurocopter has contracted CAE to perform the simulator upgrades that will ensure concurrency with the operational helicopters and the training systems. Specifically, CAE will design and manufacture new CH-53 simulator cockpits, add the latest CAE Medallion-6000 image generator, upgrade the instructor operator stations, and perform a range of other enhancements. The CH-53 simulator upgrades for the German Army Aviation School are expected to be complete by the end of 2011.
Airbus Military
CAE has won contracts from prime contractor Airbus Military to provide A330 Multi-Role Tanker Transport (MRTT) training devices to the United Arab Emirates (UAE) and Royal Saudi Air Force (RSAF). CAE will design and manufacture an A330 MRTT part-task trainer and CAE Simfinity� integrated procedures trainer for each customer. CAE is currently developing similar training devices for the Royal Australian Air Force (RAAF), as well as designing and manufacturing an A330 MRTT full-mission simulator for the RAAF program.
L-3 Communications
CAE has been awarded a one-year contract by L-3 Communications MAS (Canada) Inc., a subsidiary of L-3 Communications (NYSE:LLL - News) for CAE to continue providing avionics software upgrades, integrated logistics support and data management services for the Canadian Forces CF-18 aircraft. L-3 MAS has been prime contractor on the CF-18 service and support program since 1986 and CAE has been performing systems engineering support services for the CF-18 fleet for more than twenty years.
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. www.cae.com

Procurement Programmes of New Vessels by Navies Drive the European Naval Sensors Market, Says Frost & Sullivan

LONDON, Aug. 26 /PRNewswire/ -- In response to standing NATO directives, several member states have actively implemented new vessel procurement programs. CEE countries like Poland, Bulgaria and Romania are modernising their largely Soviet-era fleets while countries with advanced navies, like Italy, push for high technology solutions.
(Logo: http://www.newscom.com/cgi-bin/prnh/20081117/FSLOGO)
New analysis from Frost & Sullivan (http://www.aerospace.frost.com), European Naval Sensors (EO/IR) Market Assessment, finds that the market earned revenues of over $28 million in 2008 and estimates this to reach $91 million in 2017. The market will likely grow by a further 35 per cent due to the rising importance for advanced technology and upgrades across European navies.
"Entry into the CEE markets requires a solid understanding of local regulations and requirements, though this alone does not automatically ensure success," states Frost & Sullivan Research Analyst Harish Balasubramanian. "The sensor market is experiencing a degree of consolidation; with larger companies increasingly dominating the market, while smaller local manufacturers focus primarily on domestic sales." However, technological advancement will shift this balance, by making it easier for smaller companies to bid on specific solutions.
To demonstrate their ability to fulfil common missions within NATO, CEE countries like Poland, Bulgaria and Romania face massive fleet upgrades of their mostly Soviet-era equipment. Poland faces the daunting task of modernising one of the largest fleets among the new NATO member states on a tight budget that is not expected to change over the forecast period. Price, therefore, will be the determining factor in this market.
Because developed navies tend to value technology over life-cycle service they should establish partnerships with other suppliers. "For countries like Italy with technologically advanced navies and a strong industrial base they are keen to retain, partial solution partnerships would facilitate entry into these markets," concludes Balasubramanian. Advanced technology and good life cycle support will be the major success factors in the Italian market.
The major challenge for the sensor industry in Europe is the fact that "the current perception of the navy's role remains inconsistent," notes Balasubramanian. "Existing threats as well as the role of naval forces are perceived differently across Europe, causing uncertainty regarding customer expectations. Stronger cooperation between market participants and end users could be a potential solution to this challenge."
If you are interested in a virtual brochure, which provides a brief synopsis of the research and a table of contents, then send an e-mail to Monika Kwiecinska, Corporate Communications, at monika.kwiecinska@frost.com, with your full name, company name, title, telephone number, company e-mail address, company website, city, state and country. Upon receipt of the above information, a brochure will be sent to you by e-mail.
European Naval Sensors (EO/IR) Market Assessment is part of the Defence Growth Partnership Services programme, which also includes research in the following markets: Global Commercial Aviation Electrical Power Systems Market, European Oil & Gas Infrastructure Security Market, Middle East Oil & Gas Infrastructure Security Market, and European Land-based ISTAR Vehicle Electronics Market. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 35 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.
European Naval Sensors (EO/IR) Market Assessment

Tuesday, August 25, 2009

Raytheon Delivers 1000th Evolved SeaSparrow Missile

EAST CAMDEN, Ark., Aug. 25, 2009 /PRNewswire/ -- Raytheon Company (NYSE: RTN - News) delivered the 1000th Evolved SeaSparrow Missile to a multinational consortium during a ceremony at the Raytheon Missile Systems Weapon Integration Center - Camden. Deployed by the U.S. Navy and nine international fleets, ESSM defends the battlespace by delivering ship self-defense firepower against high-G maneuvering anti-ship cruise missiles as well as surface and low-velocity air threats.
"ESSM's increased speed coupled with its improved guidance system allows for engagements at extended ranges," said Capt. Mike Anderson, the U.S. Navy's ESSM project manager. "The hallmarks of the missile are its international design, combat system flexibility and performance edge."
As a tail-controlled missile, ESSM utilizes recent enhancements to its guidance system to take advantage of improved seeker sensitivity, increased propulsion and greater weapon accuracy. Combined, these features result in ESSM arriving at the intercept point with more endgame speed and agility to counter the threat.
"Raytheon leads an international team of 18 world-class companies in developing and producing ESSM," said Ed Roesly, Raytheon's ESSM program director. "Our team develops the industrial bases of all participating countries, uses the expertise and technological skills of each participant and provides every country with a return on investment."
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:
John Eagles
502.364.6768 - office
502.727.9391 - mobile

U.S. Navy Contractor Cuts Costs and Improves Collaboration With Serena Software's Lean BPM Solution

Advanced Acoustic Concepts Uses Serena Business Mashups to Speed Time to Market by 80 Percent and Run Compliance Reports with Just One Keystroke
REDWOOD CITY, Calif., Aug. 25 /PRNewswire/ -- The business of submarine technology is constantly evolving and Advanced Acoustic Concepts (AAC) must stay steps ahead in its role as a lead contractor for the U.S. Navy Surface Ship Torpedo Defense program. With its workforce spread across the country, AAC needed to consolidate multiple departmental tools into a single application while improving collaboration and minimizing miscommunication.
Serena's Lean Business Process Management (BPM) solution allowed AAC to control the cost and efficiency of its software development resources and ease the burden of frequent ISO and CMMI recertification. Serena helps AAC better manage software development, hardware operations, contract management, program management and purchasing.
AAC has been able to:
Bring new software applications to market 80 percent faster.
Boost efficiency 50 percent through better collaboration from beginning to end.
Set auto-alerts to notify the right people of calibration deadlines.
Ensure compliance through automatic tracking of contracts and proposals.
See what's really going on across the infrastructure, on the micro and macro levels.
For more information on how Advanced Acoustic Concepts has realigned its IT and business processes for innovative collaboration and development, read the case study here.
About Serena Software, Inc.
Serena is a privately owned company, headquartered in Redwood City, California, with 29 offices in 14 countries and more than 800 employees. Serena provides software on premise and on demand to over 15,000 customers including 96 of the Fortune 100. Serena enables teams of programmers to become more efficient by standardizing and automating development processes across both mainframe and distributed environments. Serena enables IT business analysts and power users to improve productivity with a new generation of Web 2.0 tools to build Business Mashups. Serena Business Mashups can be used to automate common, everyday processes; they are visual and do not require coding. Serena also enables IT executives to gain visibility into their projects, resources and costs - CIOs should have access to the same quality of information about IT as the CFO has about Finance. For more information on Serena, visit http://www.serena.com.
Serena is a registered trademark of Serena Software, Inc. All other product or company names may be trademarks of their respective owners, and their use is intended for identification purposes only and not in association with or as sponsorship or endorsement by such owners. Copyright © 2009 Serena Software, Inc. All Rights Reserved.

MicroWave Technology Inc. Wins Major Contract From BAE Systems

FREMONT, Calif.--On Tuesday August 25, 2009, 8:30 am EDT (BUSINESS WIRE)--MicroWave Technology Inc. (MwT), a wholly owned subsidiary of IXYS Corporation (NASDAQ:IXYS - News), announced that it has been awarded a contract from BAE Systems with a total amount of over $2.5 million. The contract consists of supplying a large volume of custom connected microwave amplifiers with military electrical specifications and high reliability requirements.
“We are pleased to be selected as a key supplier for a major military program by a first tier defense system company like BAE Systems,” commented Dr. Greg Zhou, General Manager of MwT. “This contract award demonstrates the recognition of our outstanding technical and manufacturing capabilities, quality system and cost competitiveness in our business sectors.”
MwT has been a supplier to the military and defense industry for the past 25 years. MwT manufactures high performance and high quality microwave semiconductor devices, MMIC products, modules, and subsystems for wireless communication infrastructure, defense, industrial and medical equipment applications. Please visit MwT website www.mwtinc.com or call Don Apte, Director of Sales and Marketing at 510-651-6700 for detailed information on MwT products.
About IXYS Corporation
Since its inception in 1983, IXYS Corporation has been developing technology-driven products to improve power conversion efficiency, generate solar and wind power and provide efficient motor control for industrial applications. IXYS and its subsidiary companies offer a diversified product base that addresses worldwide needs for power control, electrical efficiencies, renewable energy, telecommunications, medical devices, flexible displays and RF power.
Safe Harbor Statement
Any statements contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements. There are a number of important factors that could cause the results of IXYS to differ materially from those indicated by these forward-looking statements, including, among others, risks detailed from time to time in the Company's SEC reports, including its Form 10-Q for the fiscal quarter ended June 30, 2009. The Company undertakes no obligation to publicly release the results of any revisions to these forward-looking statements.

SAIC to Support U.S. Military Training Mission to Saudi Arabia

SAN DIEGO and MCLEAN, Va., Aug. 25 /PRNewswire-FirstCall/ -- Science Applications International Corporation (NYSE: SAI - News) today announced it has been awarded a prime contract by the U.S. Military Training Mission (USMTM) to support the Saudi Arabian Armed Forces (SAAF) by establishing a Saudi War College (SWC) that meets educational and administrative standards of US War Colleges. The contract has a one year base period of performance, three one-year options and a contract value of more than $11 million if all options are exercised. Work will be performed primarily in Riyadh, Saudi Arabia.
The USMTM to Saudi Arabia is a joint training mission and functional component command under the military command of the U.S. Central Command. The USMTM advises and assists the SAAF through security assistance efforts by developing, training and sustaining capable deterrent and self-defense forces for the Kingdom of Saudi Arabia in order to facilitate regional security. Under the contract, SAIC will help establish an SWC to assist in preparing and educating Saudi leaders to face domestic and global challenges. SAIC will help establish a state-of-the-art educational institution, and develop and implement a flexible curriculum that will enable the SWC to adapt to future Saudi mission requirements. SAIC will also recruit, hire, and retain fully qualified Saudi instructors, develop and implement a quality assurance plan, and establish a career and mentoring program for SWC instructors.
"SAIC is honored to support the SAAF by helping establish a world-class SWC. We believe that SAAF, teamed with SAIC, has the prerequisites for creating a prestigious military institution for the education of strategic leaders," said Charles Zang, SAIC senior vice president and business unit general manager.
About SAIC
SAIC is a FORTUNE 500(® )scientific, engineering, and technology applications company that uses its deep domain knowledge to solve problems of vital importance to the nation and the world, in national security, energy and the environment, critical infrastructure, and health. The company's approximately 45,000 employees serve customers in the U.S. Department of Defense, the intelligence community, the U.S. Department of Homeland Security, other U.S. Government civil agencies and selected commercial markets. SAIC had annual revenues of $10.1 billion for its fiscal year ended January 31, 2009. For more information, visit www.saic.com.
SAIC: From Science to Solutions(®)
Statements in this announcement, other than historical data and information, constitute forward-looking statements that involve risks and uncertainties. A number of factors could cause our actual results, performance, achievements, or industry results to be very different from the results, performance, or achievements expressed or implied by such forward-looking statements. Some of these factors include, but are not limited to, the risk factors set forth in SAIC's Annual Report on Form 10-K for the period ended January 31, 2009, and other such filings that SAIC makes with the SEC from time to time. Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof.

Saturday, August 22, 2009

Oshkosh Defense Brings History of Collaboration With U.S. Army to FMTV Competitive Rebuy Bid

On Friday August 21, 2009, 9:00 am EDT
OSHKOSH, Wis.--(BUSINESS WIRE)--As a manufacturer and supplier of Department of Defense (DoD) tactical wheeled vehicles for more than four decades, Oshkosh Defense, a division of Oshkosh Corporation (NYSE:OSK - News), brings a successful and celebrated history of collaboration with the U.S. Army to its bid for the Family of Medium Tactical Vehicles (FMTV) competitive rebuy.
From the vehicle design stage to in-theater support, Oshkosh Defense has proven its ability to deliver and support the Army’s Family of Heavy Tactical Vehicles (FHTV). During Operation Iraqi Freedom, Oshkosh Defense received a certificate of appreciation from the Army’s 7th Transportation Group for FHTV armor installation that was “instrumental” in protecting soldiers and their equipment, and for providing technical assistance and warranty support. The company received similar recognition from the Army’s 336th Transportation Group for support that had a “profound survivability effect” on the group’s operation.
“Oshkosh Defense is renowned as being a premier supplier of tactical and armored wheeled vehicles for the U.S. Army,” said Andy Hove, Oshkosh Corporation executive vice president and president, Defense. “We are committed to being responsive to our customer’s needs and building on successful relationships to ensure we provide the best vehicles, support and value for the U.S. Armed Forces, including the FMTV program.”
Oshkosh was the first and only truck manufacturer to be honored with the Department of Defense’s David Packard Acquisition Excellence Award for its work on the Medium Tactical Vehicle Replacement (MTVR) program as a part of a team effort with the Tank-automotive and Armaments Command Life Cycle Management Command and the U.S. Marine Corps. Oshkosh also received recognition from the Army’s product manager for Heavy Tactical Vehicles and the 2nd Squadron of the 3rd Armored Cavalry Regiment for its aftermarket support during Operation Iraqi Freedom. The company also received the Defense Logistics Agency’s (DLA) 2005 Innovative Business Performer of the Year for its ability to embrace innovation and adapt to the agency’s ever-increasing demands to support the customer.
Another area of recognition is the National Freedom Award, given to the company by the DoD in 2008 for its outstanding Employer’s Support of the Guard and Reserve. A number of Oshkosh employees, from factory workers to office employees, are either current or former members of the National Guard or Reserve forces, including members who have been deployed in support of the current operations in Iraq and Afghanistan, as well as homeland relief missions such as Hurricane Katrina. This national award recognized Oshkosh for its critical support of these employees before, during and after their important duties and sacrifices for our nation.
These are just some examples of the celebrated and successful relationship Oshkosh has built with the U.S. military, and they are the result of the company’s dedication to customer satisfaction. In addition to delivering more than 30,000 high-performance FHTV vehicles to the Army, Oshkosh worked with the military to erect nearly 300,000 square feet of facility space in Iraq and Afghanistan to up-armor the Army’s vehicles, including the FMTV. Oshkosh continues to use its Kuwait facility to refurbish heavily worn or battle-damaged vehicles, resulting in shorter vehicle downtime and reduced costs for the Army.
The FMTV program is a five-year, multibillion-dollar contract award for the production of an estimated 23,000 vehicles and trailers for the Army. Oshkosh Defense is the only current manufacturer of medium and heavy tactical wheeled vehicles in the U.S. defense industry, having produced more than 67,000 military class vehicles in its manufacturing facilities. The company’s use of an advanced integrated assembly line has allowed for the simultaneous production of up to 10 vehicle models with 29 variations.
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 http://us.lrd.yahoo.com/_ylt=AgELj4.wka1KMyz.YNl0gyTjba9_;_ylu=X3oDMTE2Ym01ZWhnBHBvcwMxBHNlYwNuZXdzQXJ0Qm9keQRzbGsDd3d3b3Noa29zaGRl/SIG=15c9hoiuk/**http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.oshkoshdefense.com&esheet=6034082&lan=en_US&anchor=www.oshkoshdefense.com&index=1.
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®, BAI™, 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 http://us.lrd.yahoo.com/_ylt=Ag6paBCIDyQerxZxlgMJBxDjba9_;_ylu=X3oDMTE2djhmaXA0BHBvcwMyBHNlYwNuZXdzQXJ0Qm9keQRzbGsDd3d3b3Noa29zaGNv/SIG=15kvunh2m/**http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.oshkoshcorporation.com&esheet=6034082&lan=en_US&anchor=www.oshkoshcorporation.com&index=2.
®, ™ 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 the consequences of financial leverage associated with the JLG acquisition, including the level of the Company’s borrowing costs, the increased interest rates the Company would face if it experienced a deterioration or downgrade in credit agency ratings and the Company’s ability to maintain compliance with its financial covenants under its credit agreement; 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; risks related to the required rapid 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 expected level and timing of U.S. Department of Defense procurement of products and services and funding thereof; risks related to reductions in government expenditures and the uncertainty of government contracts; 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 in a future economic recovery; risks associated with international operations and sales, including foreign currency fluctuations; risks related to the collectability of receivables during a recession, particularly for those businesses with exposure to construction markets; 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 duty, to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

Sunday, August 9, 2009

Airbus wins 140 aircraft orders in Jan-July

* 140 gross aircraft orders in January-July
* 118 net aircraft orders in January-July
* 288 aircraft deliveries in January-July

PARIS, Aug 7 (Reuters) - Airbus won 140 aircraft orders in the first seven months of the year, boosted by a deal for 50 A320 planes from low-cost carrier Wizz announced at June's Paris Air Show and confirmed in July, the European planemaker said. Airbus's airline customers cancelled orders for 22 aircraft during the period from January to July, including for five A350s, the plane it is developing to take on rival Boeing's (BA.N) 787 Dreamliner. Net orders totalled 118.
The planemaker, owned by European aerospace and defence group EADS (EAD.PA), said it had delivered 288 aircraft by July 31, including three A380 superjumbos to Singapore Airlines (SIAL.SI) and a fourth to Emirates [EMAIR.UL].
Airbus has said it hopes to at least match the record number of deliveries achieved last year of 483 aircraft and has pledged to deliver 10 more A380s this year. Airlines pay the bulk of the cost of new planes on delivery.
However, it has predicted a plunge in gross orders to up to 300 this year as airlines struggle with the economic downturn and a drop in air travel. Airbus had 900 gross orders and 777 net orders after cancellations last year.
Shares in EADS were 0.67 percent lower at 13.25 euros by 0918 GMT, compared with a 0.79 percent drop on the French benchmark CAC 40 index .FCHI. (Reporting by James Regan, editing by Will Waterman)