Lockheed Martin Corp. (NYSE:LMT) - 500 Beiträge pro Seite

[Gatsby2]

Irgendwie wird es mal wieder Zeit fuer `nen neuen Thread. Die Ueberschrift des alten Thread: Joint Strike Figher - Lockheed haben fertig! passt zu den meisten Nachrichten sowieso nicht richtig, und die Leute auf dem Internetboard scheinen das Potential von LMGT Thread: Wie komme ich dazu eine Ruestungsaktie in den Internet-Thread zu stellen? ohnehin nicht zu begreifen. Also alles unter eine neue Headline ...

Und womit koennte man einen neuen Thread besser beginnen, als mit dem, was uns alle am meisten interessiert: Geld.

Lockheed Martin Corporation Earnings (Q4) Conference Call
Scheduled to start Thu, Jan 25, 2001, 2:00 pm Eastern
http://biz.yahoo.com/cc/9/359.html

[Gatsby2]

Ooops! In anderen threads findet man immer so schoene charts. Vielleicht sollte ich auch mal einen reinstellen:

[Gatsby2]

Date:
Tue, 16 Jan 2001 11:47:09 -0500
Subject:
Lockheed Martin Completes Divestiture of Retech and Energy Technologies Businesses
Status:
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X-Mozilla-Status2:
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X-UIDL:
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Lockheed Martin Completes Divestiture of Retech and Energy Technologies Businesses


CHERRY HILL, NJ. -- (January 16, 2001) - Lockheed Martin Technology Services has completed the disposition of its Retech
and Energy Technologies businesses to QuadraTech Group LLC of Arlington, Virginia, a management buyout group. Terms of the
transaction were not disclosed. However, Lockheed Martin Corp. retained a 10 percent interest in QuadraTech Group LLC.
The transaction closed on January 5, 2001.

These businesses were among those identified by Lockheed Martin as divestiture candidates following a comprehensive
strategic review announced in September 1999.

Retech is an international engineering and manufacturing company specializing in the design and manufacture of vacuum
metallurgical and environmental processing equipment. The company is headquartered in Ukiah, California.

Energy Technologies, based in Arlington, Va., provides engineering and management support to the intergovernmental
Cooperative Threat Reduction Program. The company was the first western contractor to obtain Russian regulatory approval
to construct a nuclear-waste processing facility in Russia. The facility is used for the deactivation of Russian nuclear
submarines.

Headquartered in Bethesda, Md., Lockheed Martin is a global enterprise principally engaged in the research, design,
development, manufacture and integration of advanced-technology systems, products and services. The Corporation`s core
businesses are systems integration, space, aeronautics, and technology services.

# # #

Investor Relations Contacts:
James R. Ryan, Vice President [phone]
Randa C. Middleton, Director [phone]

[Gatsby2]

Die U.S.A. scheinen ihren frueheren Kriegsgegnern (und neuen Alliierten) im Pazifik sehr zu vertrauen. Seit einiger Zeit laufen Kooperationen mit Korea und Japan im Bau von Kampfflugzeugen. Davon gab es heute Neues:

Tuesday January 16, 4:40 pm Eastern Time

Press Release

SOURCE: Lockheed Martin Aeronautics Company; Korea Aerospace Industries, Ltd.

First T-50 Enters Into Final Assembly

FORT WORTH, Texas, Jan. 16 /PRNewswire/ -- Lockheed Martin Aeronautics Company and Korea Aerospace Industries
(KAI) announced the beginning of final assembly for the first T-50 prototype aircraft. A formal ceremony celebrating this
important milestone for the T-50/A-50 Advanced Trainer/Light Combat Aircraft program took place on January 15, 2001 at KAI`s
aircraft plant in Sachon, South Korea, with guests from the Korean government and program partners.

The forward, center and aft fuselages, along with the tails, were mated together for the first time, earmarking the start of
Mate-Through-Delivery (MTD). MTD was originally scheduled to take place on April 20, 2001, but was successfully started three
months early and only 17 months after the freeze of the outer mold line design. The schedule was reduced by implementing a
disciplined design, development and fabrication approach that decreased the typical drawing release time by eight months and
parts fabrication and subassembly time by five months.

``This truly is a remarkable feat,`` said Charles W. Smith, the T-50 program director of the major program partner, Lockheed
Martin Aeronautics Company. ``The T-50 team was able to successfully achieve this milestone by taking advantage of the modern
design tools and methods we`ve developed on our other programs and applying them to this program. Our success can also be
attributed to the hard work, dedication and cooperation of the entire T-50 team.``

The beginning of MTD signifies that the program is entering a period of new and greater challenges. With almost 50 percent of
the development objectives already achieved, the verification and validation of the design will be performed through rigorous
ground and flight test phases. The rollout of the first prototype aircraft is schedule for September 28 this year, three months ahead
of schedule, with first flight scheduled for mid 2002.

``This represents a tremendous achievement,`` said In-Taik Lim, president of KAI, in his speech during the ceremony. ``But we
cannot dwell on this success as the world`s major air forces are watching us very carefully, showing great interest in the future
program milestones, such as flight test.``

The interest of the international marketplace in T-50 is quite positive, with detail product information requested by several air
forces around the world. KAI and Lockheed Martin Aeronautics Company signed a Joint Marketing Agreement and established
``T-50 International`` (TFI) in November 2000 to conduct international marketing activities. The T-50 is now a part of the product
portfolio of Lockheed Martin Aeronautic Company and is subject to the full support of the company`s international market
development organization and capabilities.

``As the world`s only new supersonic advanced trainer and light combat aircraft, the T-50/A-50 has a great potential to fill the
requirements of most air forces as older generation aircraft, like the T-38 and F-5, begin to retire,`` said Alex Jun, TFI Marketing
Director from KAI. ``We anticipate a market for up to 800 T-50/A-50 trainers and attack aircraft.``

Korea Aerospace Industries, Ltd. is the Republic of Korea`s national aerospace company established in 1999 with the
consolidation of Samsung Aerospace, Daewoo Heavy Industries, and Hyundai Space and Aircraft Company. KAI lines of
business include fixed-wing aircraft, helicopter aircraft and satellites. Its major products are KF-16, KT-1 basic trainer, T-50/A-50,
SB427 helicopters, aerostructures and KOMPSAT satellite.

Lockheed Martin Aeronautics Company is a leader in the design, development, systems integration, production and support of
advanced military aircraft and related technologies. Its customers include the military services of the United States and allied
countries throughout the world. Products include the F-22, F-16, F-117, C-5, C-27J, C-130, P-3, U-2 and X-33. The company is
leading a team proposing for the development and production of the Joint Strike Fighter. LM Aeronautics is a unit of Lockheed
Martin Corporation (NYSE: LMT - news), headquartered in Bethesda, Md. Lockheed Martin is a global enterprise principally
engaged in the research, design, development, manufacture and integration of advanced-technology systems, products and
services. The corporation`s core businesses are systems integration, space, aeronautics and technology services.

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

For information on Lockheed Martin Aeronautics Company, visit: http://www.lmaeronautics.com.

For information on Korea Aerospace Industries, visit: http://www.koreaaero.com/.

SOURCE: Lockheed Martin Aeronautics Company; Korea Aerospace Industries, Ltd.

[Gatsby2]

Und noch mehr Nachrichten, gerade als ob alle nur auf meinen neuen thread gewartet haetten.

RedHerring hatte einen interessanten Vergleich aller wichtigen Satellitenhersteller mit Ausblick.

Europe carves out space for satellites



By Jarret Adams
Redherring.com, January 16, 2001

European satellite companies have
spent years looking up to their U.S.
competitors. With the world`s biggest
customer -- the U.S. government -- in
their back pocket, American firms haul
down ten times as much money in
military and civil contracts as their
counterparts across the pond.

Recently, though, European firms have
emerged as serious global players.
They control more than a third of the
satellite market. They have new birds on the drawing board and plans for
international expansion. They`re even thinking about privatization and IPOs.

France-based Arianespace now competes for launch business with Boeing
(NYSE: BA). Alcatel (NYSE: ALA) of France and Astrium (a joint venture of
European aerospace power EADS and Britain`s BAE Systems) each have
nearly as many communications satellites on order as the U.S. big three:
Boeing, Lockheed Martin (NYSE: LMT), and Loral Space & Communications
(NYSE: LOR).

SPACE: THE FINAL MILE FRONTIER
European operators are counting on rising demand for broadband to boost their
bottom line. Skeptics aren`t so sure. They point to the wild expansion of
fiber-optic networks and free-falling bandwidth prices and suggest that satellite
broadband could be relegated to a niche market.

Satellite backers tend to cite two points. Space is a quicker, less-expensive
solution to the last-mile problem -- connecting homes and businesses to the
network -- than building new fiber pipes. And satellites can go where
fiber-optic networks can`t, or won`t. Although fiber is quickly wrapping the
major metropolitan areas of Europe and North America, in the rest of the world
more Internet service providers (ISPs) rely on satellites than fiber, according to
Comsys, a UK-based consultancy. Companies like SES-Astra figure they can
make good gains as broadband expands in Asia and Latin America.

More satellites are planned for launch during the next decade than are currently
in orbit. Technology powers like Microsoft (Nasdaq: MSFT) have shrugged off
recent satellite disappointments and are making major investments in the
capital-intensive satellite business. The challenge for all satellite firms,
European or otherwise, is to find a way to eke out profits.

Direct-satellite Web access runs about $100 a month, roughly five times more
than terrestrial systems. This may be too much for residential users, but it`s
within reason for small and medium-sized businesses. "Even if the cost of
satellite broadband access never falls to fiber-optic levels, there are still growth
opportunities," says Comsys analyst Jeremy Rose. Comsys expects the satellite
broadband market to grow by more than 70 percent per year, becoming a $15
billion business by the end of the decade.

ORBITING IPOs
The largest satellite operator in Europe is Luxembourg-based SES-Astra --
SES stands for Société Européenne des Satellites -- which is now expanding
into Asia and Latin America through its stakes in Asiasat and Panamsat. The
company says it has doubled its revenue over the last ten years to 403 million
euros ($350 million). That`s not the meteoric rise seen by many tech companies
in the past decade, but it`s still solid growth. Deutsche Telekom holds a 21
percent stake in Astra, and 17 percent is held by the government of
Luxembourg. On the strength of recent expansion, Astra is planning a stock
offering in July.

Inmarsat, a major satellite operator based in the UK, is also planning a July
offering. Eutelsat, operator of the largest network in Europe, hopes to privatize
this year and offer shares in the company by 2003.

Investors have largely ignored the satellite industry since the high-profile flops
of Iridium and Globalstar. But some believe the sector is poised for major
growth. Most satellite backers agree that Iridium and Globalstar were flawed
models, that telephony and TV broadcasting alone may not be enough to
support a business. The hope is that by adding a third component -- broadband
Internet access -- satellite operators will have a shot at profit.

But it won`t come cheap, and it won`t be easy. Craig McCaw`s Teledesic plans
to launch almost 300 satellites to carry its global broadband system. Says Ray
Peterson, an analyst at market research firm Forecast International, "The
technical challenges and expense of deploying nearly 300 satellites in space
may prove too daunting for even a telecommunications visionary such as Mr.
McCaw."

[Gatsby2]

... und noch mehr Nachrichten. Ich frage mich zwar, wo die Englaender das ganze Geld hernehmen wollen, aber offenbar sind sie tatsaechlich entschlossen neben dem Eurofighter auch noch den Joint Strike Fighter (JSF) zu bestellen. In finanzieller Hinsicht habe ich den Eindruck, als ob England langsam aber sicher von den U.S.A. eingemeindet werden ...

Tuesday January 16, 7:44 pm Eastern Time

Britain sets up to $2 bln for US fighter jet-official

(UPDATE: Adds details, background)

By Charles Aldinger

WASHINGTON, Jan 16 (Reuters) - Britain and the United States will sign an agreement on Wednesday under which London
would commit as much as $2 billion to maintain its role in the planned U.S. Joint Strike Fighter program, a U.S. defense official
said on Tuesday.

The Pentagon announced that an agreement for the next development phase of the ``JSF`` would be signed by Deputy U.S.
Defense Secretary Rudy de Leon and Baroness Symons of Vernham Dean, British minister of state for defense, in a Pentagon
ceremony.

No financial figure was announced for Britain`s role in the next phase, but one U.S. defense official told Reuters privately that the
new British commitment to the program would be ``in the neighborhood of $2 billion.``

Lockheed Martin Corp (NYSE:LMT - news) and Boeing Co. (NYSE:BA - news) are currently fighting to win a contract due
sometime this year for developing the jet and eventually building nearly 3,000 copies in a program that could total $200 billion and
provide aircraft for the Air Force, Navy, U.S. Marines and British Royal Navy.

A source in London told Reuters in October that the Defense Ministry would recommend that the government adopt the JSF to
equip the country`s future aircraft carriers and pay as much as one billion pounds ($1.5 billion) to keep Britain in the program,

Britain has long planned to purchase 150 or more of the carrier landing versions of the jets for its Navy, but questions have been
raised about the JSF in recent months with the election of George W. Bush as the next U.S. president.

U.S. Defense Secretary-designate Donald Rumsfeld told Congress last week that the new administration will go over all planned
U.S. weapons programs with a microscope to make sure that costs of new arms are warranted in the Pentagon`s drive to
modernize the U.S. military.

The British Defense Ministry decided to go ahead with support for the JSF and in the process reject bids from Dassault Aviation,
BAE Systems and the Eurofighter consortium, according to other U.S. officials, who asked not to be identified.

Outgoing U.S. Defense Secretary William Cohen and other Pentagon leaders have repeatedly rejected calls to delay the JSF
program, charging that delays would greatly increase costs of the planned stealth jet.

The fighter would be used primarily as an air-to-ground attack plane, replacing the Air Force F-16 and earlier versions of the
Navy`s F-18 as well as vertical-lift AV-8 vertical-lift planes now used by the U.S. Marines and Royal Navy.

The fighter would incorporate stealth technology and other high-tech advances similar to the U.S. Air Force`s planned F-22, which
would be built to replace that service`s F-15 fighter jet.

Email this story - Most-emailed articles - Most-view

[Gatsby2]

Angesichts der seltsamen Verzoegerungen und den seltsamen Begruendungen bei den Tests war die Annahme schon recht naheliegend. Jetzt ist sie zur Gewissheit geworden: dass Pentagon moechte die Entscheidung ueber den Bau der F-22 der naechsten Regierung ueberlassen.

Wenn ich die seltsamen Praktiken der Verwaltung so sehen frage ich mich manchmal, wieso die US Regierung die Ruestungsproduktion nicht in Eigenregie durchfuehrt. Dann koennten sie machen was sie wollen und bei der Gelegenheit mal ueber die Kosten des politische Hin- und Her nachdenken. Aber das scheint ja wohl nicht nur in den USA so zu sein.

Wednesday January 17, 4:33 pm Eastern Time

Pentagon set to leave F-22 decision to Bush

By Jim Wolf

WASHINGTON, Jan 17 (Reuters) - The Pentagon said on Wednesday it no longer expected
to authorize production of Lockheed Martin Corp.`s (NYSE:LMT - news) F-22 fighter jet ahead of a planned review by
President-elect George W. Bush`s aides.

``I`d say it`s unlikely`` that the Defense Department will decide on the purchase before Bush takes office on Saturday, said Rear
Adm. Craig Quigley, a Pentagon spokesman. ``I won`t rule it out but it`s unlikely.``

The Pentagon has postponed repeatedly its next step toward the purchase because congressionally mandated testing has not been
completed on the radar-evading warplane.

The F-22, at approximately $180 million a copy, is designed to replace the F-15 C as the world`s most powerful air superiority jet.
It is the Air Force`s top priority in new weaponry, a program valued at more than $40 billion.

Lockheed Martin, the Pentagon`s No. 1 supplier, said it had not been told of a decision to delay indefinitely the meeting of a
Pentagon acquisition panel that holds the fate of the F-22 in its hands.

The panel, known as a defense acquisition board, originally was scheduled to decide by late 2000 whether to release $2.1 billion
for the first 10 F-22 production models. Another decision date came and went on Jan. 3, and then the Air Force floated Jan. 11 as
a possible replacement date, but this too passed without action. The testing delays reflect weather problems and other glitches.

Bush aides have promised a thorough review of all major U.S. weapons systems, including the F-22, which is scheduled to enter
service in 2005.

Bethesda, Maryland-based Lockheed said it expected to wrap up the two remaining congressionally mandated tests later this
month.

At issue are the aircraft`s radar-avoiding ``stealth`` characteristics, which are tested by flying it over a supersecret Air Force range
in the western United States, and the maiden flight of the sixth test plane.

``If not with the Clinton Pentagon, we look forward to working with the Bush Pentagon,`` said Greg Caires, a Lockheed
spokesman in Marietta, Georgia, where final assembly of the F-22 is taking place.

[Gatsby2]

Wednesday January 17, 6:30 pm Eastern Time

Press Release

SOURCE: Lockheed Martin Aeronautics Company

Lockheed Martin Opens New Demonstration Center
With System-of-Systems Strike Exercise

CRYSTAL CITY, Va., Jan. 17 /PRNewswire/ -- Lockheed Martin has a new venue for demonstrating the benefits of increased
interoperability among U.S. and allied military systems.

The new center at Lockheed Martin`s Crystal City, Va., offices was inaugurated in mid-December with an exercise showcasing
an integrated capability to detect and destroy mobile ground targets in a simulated ``system of systems`` environment. The
demonstration was part of Lockheed Martin`s initiative to promote technical synergy among key Department of Defense
programs.

``Lockheed Martin participates in a large number of DoD programs and it is clear that our customer, though still procuring
programs separately, is demanding that the program products interoperate effectively,`` said Burlie Brunson, corporate vice
president for program development. ``The time-critical mobile target campaign is a first, proactive step to promote interoperability
in realizing tangible benefits for the warfighter. Our new, integrated solutions portal capability in Crystal City will facilitate
distributed interoperability demonstrations and product integration.``

Brunson said the center also highlights corporate interconnectivity among the Lockheed Martin business areas now supporting the
DoD.

Interoperability has become a higher priority in the DoD since shortfalls in this area have been made evident in joint military
operations. A common focus in interoperability is achieving ``plug and play`` through compatibility with military or commercial
standards.

Mal O`Neill, corporate vice president and chief technical officer, emphasized the need for interoperability that goes beyond the
basics: ``Lockheed Martin is addressing interoperability at the compatible processes level, where multiple platforms and systems
are informationally integrated to deliver an improved warfighting capability. This level of integration, which Lockheed Martin calls
purposeful interoperability, is at the center of the Lockheed Martin integration initiative.``

The initial focus on improved mobile target strike brought together Lockheed Martin product models integrated with the
government-managed Strike Warfare Collaborative Environment. The operational scenario showed the benefits of integrating
next-generation products, such as the Joint Strike Fighter, Advanced Extremely High Frequency Communications Satellite,
Advanced Global Positioning System and Space-based Radar Satellite.

David Sundstrom, director of the system of systems and interoperability integrated product team at Lockheed Martin Aeronautics
Company, provided further detail: ``Our team is set up to support programs in meeting common interoperability needs and to
address integrated capabilities at the system- of-systems level. By tackling issues associated with effective time-critical strike,
Lockheed Martin is focusing on integrated warfighting capability, purposefully tying sensors, deciders, and shooters together in an
effective kill chain.``

The system of systems and interoperability initiative is relevant to specific programs, such as the Joint Strike Fighter, where
interoperability requirements can be explored and alternatives evaluated in an evolving C4ISR environment. The effort also
provides interoperability and systems engineering enablers that can be shared across Lockheed Martin programs. Sharing and
re-using simulation and test environments and products can significantly reduce costs.

LM Aeronautics is a unit of Lockheed Martin Corp. (NYSE: LMT - news), headquartered in Bethesda, Md. Lockheed Martin is a
global enterprise principally engaged in the research, design, development, manufacture and integration of advanced-technology
systems, products and services. The corporation`s core businesses are systems integration, space, aeronautics and technology
services.

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

For information on Lockheed Martin Aeronautics Company, visit: http://www.lmaeronautics.com.

SOURCE: Lockheed Martin Aeronautics Company

[Gatsby2]

... womit wir mal wieder bei meinem Lieblingsthema zu Lockheed waeren: Lockheed Martin Global Telecommunication. Nachdem im letzten Monat schon Cunard Lines ihre Kreuzfahrtschiffe (und die Queen Elizabeth) mit Satellitenbreitband ausgestattet haben, zieht jetzt eine weitere Reederei nach.

Boeing bietet sowas seit etwa 4 Monaten ueber eine eigene Tochtergesellschaft fuer alle Linienmaschinen an. Ich frage mich, ob Airbus wirklich bei Boeing kaufen will??


Thursday January 18, 10:28 am Eastern Time

Press Release

COMSAT Mobile Communications Lands Four-Year Contract With Radisson
Seven Seas Cruises

The New Seven Seas Mariner to Offer Passengers and Crew Superior Voice & High-Speed Data Services

BETHESDA, Md.--(BUSINESS WIRE)--Jan. 18, 2001-- COMSAT Mobile Communications (CMC), a business unit of Lockheed Martin Global
Telecommunications (LMGT), announced today that it has won a four-year contract to provide high-speed (128 kbps) data and voice satellite communications to the
Radisson Seven Seas Cruises (RSSC) Seven Seas Mariner.

The estimated value of the agreement is more than $1 million.

The 700-guest Seven Seas Mariner is the newest ship in the RSSC fleet and is the world`s first all-suite, all-balcony ship. The ship`s maiden voyage is scheduled for
this spring.

With CMC`s 128 kbps C-Band service, guests and crew will enjoy greater access to e-mail, fax services, and telephone service. The system being installed aboard
the Seven Seas Mariner provides one of the most advanced shipboard satellite communications solutions available today with the highest reliability in the industry.

The system will provide data ports in all of the suites as well as Internet access for the ship`s Internet Cafe. The system permits simultaneous transmission of large
amounts of data, voice calls, facsimile, and e-mail messages, provides Internet access and has the potential for videoconferencing. Guests apply usage charges to a
major credit card, making billing and payment simple and easy to understand.

``Radisson Seven Seas Cruises is committed to providing all the best services to our guests. COMSAT Mobile Communications is a perfect fit for our cruise line
because they not only understand our business needs, they understand the commitment we have to serve our guests,`` said Jeff McVay, communications manager for
RSSC.

``We are proud to add Radisson`s Seven Seas Mariner to our growing fleet of cruise vessels that have selected COMSAT Mobile Communications to provide
mobile satellite voice, data and Internet access for passengers and crew,`` said Kathryn Y. Holman, vice president and general manager of COMSAT Mobile
Communications. ``With our portfolio of global communications offerings and round-the-clock customer service and technical support, shipboard guests and crew
have the ability to stay in touch with the office, clients and home from around the globe.``

COMSAT Mobile Communications C-Band service provides extremely reliable global satellite communications enabling crew and staff to conduct critical business
operations around-the-clock. The ship`s crew can do everything from inventory control and passenger manifest processing to payroll administration and ship services
using CMC`s communications services.

The deployed system will provide a variety of easy-to-use services for guests and crew including greater access to e-mail, online services, and an efficient means of
communications with shore-based facilities.

For more information on COMSAT Mobile Communications services, contact CMC Inside Sales at 301/214-3100 or e-mail: [e-mail].

For more information on Radisson Seven Seas Cruises, call toll-free 800/477-7500 or visit the web site at www.rssc.com.

Radisson Seven Seas Cruises is a luxury cruise line with a capacity of 2,224 berths including the addition of the 700-guest Seven Seas Mariner, which will launch in
March. RSSC also operates the all-suite, 490-guest Seven Seas Navigator; the six-star, 350-guest Radisson Diamond; and the six-star, 180-guest Song of Flower.

Additionally, RSSC operates the 320-guest Paul Gauguin, which is based in Tahiti and French Polynesia, and markets select voyages of the five-star adventure cruise
ship Hanseatic. RSSC was voted ``Best Small Cruise Line`` in Travel & Leisure`s 1999 Readers` Survey. RSSC is part of Carlson Hospitality Worldwide, one of the
world`s major hospitality services companies including over 1,278 hotels, resorts, restaurants and cruise ships, and is a major operating group of Carlson Companies,
Inc.

COMSAT Mobile Communications provides maritime, aeronautical and land mobile satellite data, high-speed data, Internet access and voice communications
services to customers worldwide via the Inmarsat satellite system.

LMGT, a wholly owned subsidiary of Lockheed Martin Corporation (NYSE:LMT - news), is a premier global provider of network services and advanced
technology solutions to enterprise customers. LMGT is headquartered in Bethesda, Maryland, and includes the satellite, network and product assets of the former
COMSAT Corporation and the commercial information technology unit of Lockheed Martin.

LMGT has major operations in Valley Forge, Pennsylvania; Clarksburg, Maryland; Orlando, Florida; Santa Paula, California; and Southbury, Connecticut. LMGT
has regional offices in Santa Clara, California; Atlanta, Georgia; Reston, Virginia; and King of Prussia, Pennsylvania. International operations are located in Argentina,
Australia, Brazil, Canada, China, Colombia, Germany, India, Ireland, Japan, Korea, Malaysia, Mexico, New Zealand, Peru, Russia, Singapore, Sweden, Turkey
and Venezuela.

[Gatsby2]

Clintons letzte Blase?

Als kleinen Abschiedsgruss hat U.S.Praesident Bill Clinton den Israelis versprochen, sie wuerden die F-22 bekommen. Bloss: die Entscheidung ueber den Bau ist noch gar nicht gefallen, und die Regierung Bush will alle taktischen Programme einer eingehenden Revision unterziehen. Irgendwie sieht es ganz danach aus, als ob Clinton seinem Nachfolger da noch ein schoenes Kuckucksei ins Nest gelegt hat.

Friday January 19 12:01 PM ET
Israel Promised New U.S. Aircraft

By BARRY SCHWEID, AP Diplomatic Writer

WASHINGTON (AP) - In a farewell gesture, the Clinton administration
Friday promised Israel that it would be among the first nations permitted to
purchase the most advanced U.S. Air Force jet fighter, the radar-evading
F-22.

Built primarily by Lockheed Martin, it will replace the F-15 Eagle as the Air
Force`s top fighter jet. Still in development, the F-22 Raptor will have stealth
technology and a unique ability to cruise at supersonic speeds without using
afterburners.

The pledge was confirmed by a senior State Department official as President Clinton (news - web sites) wrote
in an open letter to the Israeli people that delivery of the new jet fighter was part of his efforts to help ``protect
and enhance your security.``

Apparently, because of the secret stealth technology, Congress would have to give its approval for the sale of
the F-22 to Israel or any other country. And it was not immediately clear whether the president`s promise could
bind the incoming Bush administration.

Meanwhile, the United States and Israel signed a formal agreement that will phase out U.S. economic aid to
Israel by 2008. Israel is the largest aid recipient.

Half of the assistance will be recovered by Israel in the form of military aid. Israel is also the largest recipient of
U.S. military aid.

The agreement was signed at the State Department by Ambassador David Ivry of Israel and Assistant
Secretary of State Edward Walker.

``It reflects the unshakable commitment of the United States to Israel`s security and to maintaining Israel`s
qualitative edge,`` Ivry said. ``Only a strong Israel can make peace.``

Israel volunteered reduction and ultimate elimination of U.S. economic aid, and the cutback from $1.2 billion a
year began in 1999, with $120 million trimmed. The reduction will continue at that pace until all economic aid is
eliminated by 2008.

At the same time, U.S. military aid will be boosted $60 million a year until it reaches $2.4 billion by 2008. Most
of the U.S. military aid is spent in contracts with American munitions companies.

[Micky_Maus]

Hy Gatsby,

irgendwie sind Rüstungsaktien derzeit out, wie Du ja am Kursverlauf der letzten Tage und Wochen gemerkt hast. Natürlich hast Du oben den sehr günstigen 1-Jahreschart dargestellt (!), denn beim Blick auf die letzten 3 Monate macht sich Ernüchterung breit, und bei Betrachtung des 3-Jahreschart relativiert sich das ganze doch.
Halte LMT nach wie vor für zu teuer, andere Rüstungsaktien sind attraktiver bewertet (Northrop Grumman, Rockwell, Raytheon). Wie sind die Aktien eigentlich verteilt, wie groß ist der FreeFloat? Hast Du Dir eigentlich einen Stopp-Loss gesetzt?

Gruß Micky

[Gatsby2]

Hi Micky,

interessant, ich musste gerade heute nachmittag an Dich denken, als ich mir Honeywell angesehen habe. Die Geruechte ueber eine Uebernahme durch United Technologies (NYSE:UTX) haben der Aktie ja schon recht gut getan - UTX allerdings nicht, und jetzt scheint ja wohl General Electric (NYSE:GE) das Rennen zu machen.

In punco Raytheon (NYSE:RTNa/b) muss ich Dir weiterhin widersprechen, denn deren Schulden sind mittlerweile hoeher, als die von Lockheed, und RTN ist mithin hoeher bewerter, als LMT. Die schwachsinnige Raketenabwehr, die Bush ja so zu lieben scheint, koennte der Aktie allerdings einen Boost geben. (Am Rande: was ist eigentlich mit dem X-Band Radar auf den Aleuten geworden? Bauen die das jetzt, oder nicht?)

In Deiner Aufzaehlung gefaellt mir vor allem Northrop Grumman (NYSE:NOC), die von Analysten als eine der besten Aktien im Sektor eingestuft werden. Die neuesten Geruechte, wonach NOC moeglicherweise einen Auftrag zum Bau von 40 neuen B-2 Bombern bekommen koennte (Volumen: $3,8 Mrd.), haben der Aktie Unterstuetzung gegeben. Dieser Auftrag wuerde sicherlich zu Lasten des JSF gehen. Ob er allerdings erteilt wird ist durchaus ungewiss, denn die Produktionsanlagen sind stillgelegt, zum Teil sogar abgerissen, und die Haelfte der Zulieferer ist mittlerweile pleite oder hat ebenfalls die Produktionsstaetten umgestellt.

Zu Lockheed: Die Bewertung duerfte etwa dem Sektordurchschnitt entsprechen. Aussenstehende Aktien: rd. 431 Mio, davon 99,1% gehaltenen von Institutionals.

Quelle: http://www.smartmoney.com/eqsnaps/index.cfm?story=snapshot&s…

Stop-loss habe ich keinen, denn die Steuer auf 100% Gewinn ist sicher hoeher, als das Rueckschlagpotential.

[Gatsby2]

Die U.S.Marines, die bisher als wichtigster Abnehmer des JSF gehandelt wurden, haben sich ploetzlich und ueberraschend recht kritisch zu dem Projekt geaeussert. Vielleicht nur ein Sturm im Wasserglas, aber jedenfalls ein neues, interessantes Szenario.

Whence JSF?
Christopher Hellman, Senior Analyst, [e-mail]

In a surprise move last week, Commandant of the Marine Corps General James Jones
indicated that the service would be willing to forego, at least temporarily, a Vertical/Short
Takeoff and Landing (V/STOL) version of the Joint Strike Fighter (JSF). According to a
statement released by Gen. Jones, the Corps would be willing to make do with a
conventional aircraft if technological or cost hurdles for a V/STOL aircraft proved too
difficult to overcome. In his statement, Gen. Jones said, "[The Marines won`t] take a
chance on something that isn`t going to be very, very useful and recognized within the
family of tactical aviation as being an additive ...We`re not going to buy something that`s
technologically risky."

The Marine Corps is planning on buying 642 JSFs to replace its current fleet of AV-8B
"Harrier II" and F/A-18A/C/D "Hornet" aircraft. All told, the Pentagon plans to purchase
nearly 3,000 JSFs, with 2,036 going to the Air Force and 300 to the Navy although neither
plans to acquire the V/STOL version. In addition, Britain is participating in the program and
plans to purchase 60 V/STOL JSFs to replace its own Harrier force. Until last week the
Marine Corps had been committed to the V/STOL concept which was being developed
specifically to meet their requirement. The V/STOL capability represents the program`s
most complex -- and therefore most costly -- technological challenges.

Lockheed Martin and Boeing are competing for the lucrative JSF contract, which the
Congressional Budget Office estimates will be worth over $200 billion. Both companies are
currently flight testing the conventional versions of the JSF and plan first flights of their
respective V/STOL variants in the coming months. Selection of the winning design is
currently planned for late next spring.

The JSF, which is intended primarily to attack ground targets, is just one of three tactical
aircraft currently either under development or in production for the Pentagon. The Navy`s
F/A-18E/F "Super Hornet" and the Air Force`s F-22 "Raptor" are both further along, with
the F-22 awaiting a decision to go to full-scale production and the Navy having this year
signed a five year production contract for 222 Super Hornets. The estimated cost of these
three programs is $350 billion, although it is likely to be much higher.

The new Bush Administration has indicated that it is likely to re-examine the Pentagon`s
tacair modernization plans. Thus, timing is a critical component in determining the future of
the JSF program. While the Super Hornet represents the least margin of improvement of
the three programs over the aircraft it is replacing, the multi-year production contract
assures the program`s continuation. The F-22 is the single highest priority for the Air Force,
which has taken a number of major steps to ensure its continued funding, such as cutting
the number of B-2 bombers it purchased from 132 to 21 and last year`s restructuring of the
C-17 transport program. With the JSF the program least advanced, it becomes the most
likely target for significant reductions if not outright termination.

Ironically, in many ways the JSF is the most meritorious of the three aircraft. For example,
according to several reports by the General Accounting Office, the Navy`s Super Hornet
represents only a marginal improvement over the existing fleet of F/A-18C/D`s -- and in
some areas actually fails to meet the performance of the current model -- yet costs a
whopping $80 million per aircraft. The cost of the F-22 is even more staggering: over $180
million per aircraft. It becomes difficult to justify such an expense given U.S. air power
dominance and the drain that the F-22 places on other areas of the Air Force budget where
investment is essential -- electronic "jammers," tankers, transports and surveillance aircraft.


The JSF is, in many ways, a potential model for future weapons acquisition programs. It
has an estimated per unit cost of $78 million, and with a "fly-away cost" (the cost to
purchase the aircraft once production begins, not including previous research and
development costs) of between $25 and $35 million, it is relatively affordable. This savings
is achieved by incorporating technologies developed for earlier aircraft, including the F-22,
and because of the high degree of "commonality" that exists between the different variants.
The Navy, Air Force and Marine Corps versions are intended to all be produced on the
same assembly line. Parts and components will be 70% to 80% common. This permits
greater economies of scale during production, and makes the JSF simpler and cheaper to
operate and maintain.

Is General Jones`s statement an indication that the JSF program is in trouble? According to
Defense News, Air Force briefing slides now circulating the Pentagon call for a total buy
of 762 F-22s, up from the currently planned 339, and include using the F-22 in a "ground
attack role." The JSF isn`t mentioned.

[Gatsby2]

Weitere Nachrichten von meinem liebsten Thema zu Lockheed: LMGT uebernimmt die Netzwerkeinrichtung fuer NAPA, einen der groessten US-Autoteilehaendler. Bei irgendwelchen Internetaktien wuerde jetzt wahrscheinlich wieder das b2b-Fieber ausbrechen, aber Lockheed wird eben nur als schnoede Ruestungsaktie wahrgenommen.

Monday January 22, 8:34 am Eastern Time

Press Release

LMGT Signs Three Year Network Services Agreement
With Genuine Parts Company

LMGT to Provide Securedge VPN services for NAPA Stores Nationwide

BETHESDA, Md.--(BUSINESS WIRE)--Jan. 22, 2001--Lockheed Martin Global Telecommunications (LMGT) today announced
that it has signed a three-year agreement to provide managed virtual private network (VPN) services nationwide to Genuine Parts
Company (GPC), which includes NAPA Auto Parts stores.

The agreement includes networking services and equipment for more than 1,500 NAPA stores and regional distribution centers
across the country. Terms of the agreement were not disclosed.

The VPN services provided by LMGT are part of its Securedge(SM) portfolio of secure networking technologies, specifically
Securedge(SM) VPN.

The Securedge product line extends the boundaries of traditional networks to offer enterprise customers the vital security
component needed to efficiently transition their network requirements in order to successfully compete in today`s fast-paced
e-business environment.

``LMGT`s VPN networking services will serve as a portal for e-business and traditional telecommunication connectivity for
Genuine Parts Company and many of our customers/vendors,`` said Tom Braswell, senior vice president for Information
Technology for Genuine Parts Company. ``LMGT`s VPN is a part of our overall future telecommunications strategy.``

``Using LMGT`s VPN network, GPC stores can now take full advantage of the power of the Internet to manage and re-order
inventory, exchange information with other stores and provide critical data and reports to regional distribution centers. The secure
virtual private network solution offered by LMGT provides Genuine Parts Company with an efficient and cost-effective means for
securely networking stores and distribution centers across the nation,`` said LMGT Chief Executive Officer John V. Sponyoe.

The managed VPN provided to Genuine Parts Company incorporates such services as:

VPN design using commercially available equipment and software;
Around-the-clock system performance monitoring;
Year-round technical support and Help Desk;
On site equipment maintenance; and
Itemized monthly billing and usage reports.

``This service is uniquely suited to support secure network management for such industries as manufacturing, healthcare, retail,
finance, insurance, consulting and transportation among others,`` Sponyoe added.

Securedge(SM) VPN offers customers alternatives to traditional point-to-point and frame relay networks. The service includes
ordering, remote configuration, provisioning, monitoring and network management of the customer`s end-to-end service.

Remote users can continue to use their existing PC`s because LMGT offers a bundled solution utilizing tunnel terminator
equipment and client side software that is interoperable with multiple platforms, including Windows 95/98/2000, NT, Linux, Solaris
and Macintosh OS.

LMGT`s Securedge VPN bundles the tunnel terminator with the fully managed service enabling customers to communicate
securely, yet cost effectively.

About Genuine Parts Company

Genuine Parts Company (GPC), founded in 1928, is a service organization engaged in the distribution of automotive replacement
parts, industrial replacement parts, office products and electrical/electronic materials. The Company serves numerous customers
from more than 1,850 operations and has approximately 33,000 employees.

About LMGT

LMGT, a wholly owned subsidiary of Lockheed Martin Corporation (NYSE:LMT - news), is a premier global provider of network
services and advanced technology solutions to enterprise customers. LMGT is headquartered in Bethesda, Maryland and includes
the satellite, network and product assets of the former COMSAT Corporation and the commercial information technology unit of
Lockheed Martin.

LMGT has major operations in Valley Forge, Pennsylvania; Clarksburg, Maryland; Orlando, Florida; Santa Paula, California; and
Southbury, Connecticut.

LMGT has regional offices in Santa Clara, California; Atlanta, Georgia; Reston, Virginia; and King of Prussia, Pennsylvania.
International operations are located in Argentina, Australia, Brazil, Canada, China, Colombia, Germany, India, Ireland, Japan,
Korea, Malaysia, Mexico, New Zealand, Peru, Russia, Singapore, Sweden, Turkey and Venezuela.

Contact:

[Gatsby2]

Investorenpressekonferenz live im Internet. Wann werden wir das von deutschen Unternehmen endlich sehen?

Monday January 22, 2:26 pm Eastern Time

Press Release

SOURCE: Lockheed Martin

Lockheed Martin Webcasts Fourth Quarter Earnings
Results Call

BETHESDA, Md., Jan. 22 /PRNewswire/ -- Lockheed Martin (NYSE: LMT - news) invites you to listen to its fourth quarter
earnings results conference call from 2 - 3 p.m. EDT, Thursday, January 25.

The webcast can be heard on the Lockheed Martin website, http://www.lockheedmartin.com/investor, or at
http://www.streetfusion.com. An on-demand replay will be available at these websites for approximately 90 days beginning
January 26, 2001.

Headquartered in Bethesda, Maryland, Lockheed Martin is a global enterprise principally engaged in the research, design,
development, manufacture and integration of advanced-technology systems, products and services. The Corporation`s core
businesses are systems integration, space, aeronautics, and technology services. Lockheed Martin had 1999 sales surpassing $25
billion.

For additional information, visit the company website: http://www.lockheedmartin.com.

SOURCE: Lockheed Martin

[Gatsby2]

Sie sind und bleiben die Groessten!

C-130, F-16, F-22, THAAD, Hellfire I & II, Javelin, JASSM und Infrastruktur. Hoffentlich klappt die Diversifikation in zivile Applikationen, denn die werden bis jetzt schon auf immerhin ein Drittel des Marktwertes geschaetzt.



Wednesday January 24, 4:24 pm Eastern Time

Lockheed Martin tops U.S. defense contractor list
again

WASHINGTON, Jan 24 (Reuters) - Lockheed Martin (NYSE:LMT - news) Corp. was the
top U.S. military supplier for the fifth straight year in fiscal 2000 with $15.1 billion in prime
contract awards, up from $12.7 billion the year before, the Pentagon said Wednesday.

The Bethesda, Md.-based firm took over the No. 1 spot with the 1996 merger of Lockheed
Corp. and Martin Marietta Corp. It surpassed the $12 billion in prime contracts received by Boeing Co. (NYSE:BA - news) in the
fiscal year ended Sept. 30, up from $11.6 billion the year before.

Raytheon Corp. (NYSE:RTNa - news), with $6.3 billion; General Dynamics Corp., (NYSE:GD - news) at $4.1 billion; and
Northrop Grumman Corp. (NYSE:NOC - news), at $3.1 billion, rounded out the top five, whose rankings were unchanged from a
year ago, the Pentagon said in releasing the annual list.

Litton Industries Inc. (NYSE:LIT - news) rose to the No. 6 spot with $2.7 billion in prime awards, trading places from the year
before with United Technologies Corp. (NYSE:UTX - news), now No. 7 with $2.1 billion.

TRW Inc. (NYSE:TRW - news) rose to the No. 8 spot with $2.0 billion, swapping spots with General Electric Co. (NYSE:GE -
news), now No. 9 at $1.6 billion.

Employee-owned Science Applications International Corp., with $1.5 billion in prime awards, rose to the No. 10 spot, replacing
Textron Inc. (NYSE:TXT - news), which dropped to 13th place with $1.2 billion.

[Gatsby2]

Ist zur Abwechslung mal ein bisschen STARWARS gefaellig?



Thursday January 25, 7:14 am Eastern Time

Press Release

Space-Based Laser Team Advances Beam Director Design with Successful
Integrated Laser Test

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Jan. 25, 2001--Data from a recent integrated ground test of the Alpha high-energy laser, its beam director telescope
and the associated beam alignment and correction system have provided the team developing the Space-Based Laser Integrated Flight Experiment (SBL-IFX) with
new information about how best to monitor and maintain the pointing of the SBL-IFX beam director on orbit.

The beam director is the part of the Air Force and Ballistic Missile Defense Organization`s (BMDO) proposed experimental missile defense system that will project
the high-energy laser beam across space and focus it on a distant boosting missile target.

Team SBL-IFX, a joint venture comprising Lockheed Martin (NYSE:LMT - news), TRW (NYSE:TRW - news) and Boeing (NYSE:BA - news), conducted the
six-second lasing test on Dec. 8 at TRW`s Capistrano Test Site near San Clemente, Calif. It was performed as part of the team`s current $240 million SBL-IFX
development contract with the Air Force.

This latest test involved generating a megawatt-class laser beam with the TRW-built Alpha, then feeding it through the Lockheed Martin-built beam control system
and a 4-meter diameter beam director telescope, both of which are housed in a special vacuum chamber that simulates the space environment.

The primary goal of the test was to determine if the telescope`s metrology systems could maintain the pointing and proper alignment of its primary and secondary
optics during a high-energy lasing event.

``The test was a solid success,`` declared Col. Neil McCasland, director of the Air Force`s SBL-IFX project office. ``The laser operated nominally, the software
designed to maintain the positions of the beam director optics during lasing performed as designed, and we collected a wealth of diagnostic data about the
high-energy laser environment.

``It`s all part of our ongoing strategy to use the Alpha LAMP integrated test bed to identify and rigorously test design concepts that will lead us to a successful
on-orbit demonstration of the SBL-IFX.``

The telescope and beam alignment and correction system used during the test are both operated by Lockheed Martin. They were integrated with the Alpha laser in
the early 1990s as part of the Alpha LAMP (Large Advanced Mirror Program) Integration program, one of several previous SBL technology demonstration
programs.

A secondary goal of the test, added McCasland, was to determine if laser characteristics such as power, beam uniformity and frequency spectrum would be
adversely affected by the interaction of the laser beam with the optical systems used to correct, point and focus the beam on its target. Initial evaluation of the test
data indicates that no such adverse interactions occurred.

``A critical part of a successful on-orbit IFX demonstration is being able to know precisely where the beam director will direct the laser beam,`` explained Art
Woods, Lockheed Martin`s SBL program manager. ``We proved with this test that the metrology systems designed to measure the alignment of the beam director
telescope and the relationship between the beam director`s primary and secondary mirrors can operate effectively in the presence of the high-power laser beam.``

Without these metrology systems, he added, the IFX laser beam could become distorted, which would degrade its strength or cause it to miss its target altogether.
``The data we collected during this test will guide us in designing and producing a reliable, low-risk beam director,`` said Woods.

The integrated Alpha/LAMP test is the latest in a series of technical risk reduction activities that Team SBL-IFX has undertaken since May 1999 to develop and
mature the component technologies required to produce, integrate and perform a ground-based demonstration of a full-scale SBL-IFX integrated test unit before the
end of the decade.

Plans call for the SBL-IFX, a satellite carrying a high-energy laser, to be launched in 2012, with an on-orbit demonstration of its defensive capabilities against a live,
boosting target planned for 2013.

Team SBL-IFX comprises TRW Space & Electronics Group, Redondo Beach, Calif.; Lockheed Martin Missiles & Space Operations, Sunnyvale, Calif.; and
Boeing Space & Communications Group, Seal Beach, Calif.

Contact:

TRW Inc.
Brooks McKinney, 310/814-8177
www.sbl.losangeles.af.mil
www.trw.com/sbl/news

[Gatsby2]

Thursday January 25, 8:57 am Eastern Time

Lockheed Martin operating results beat estimate

BETHESDA, Md., Jan 25 (Reuters) - Lockheed Martin Corp. (NYSE:LMT - news), the world`s largest defense contractor, on
Thursday reported sharply lower fourth-quarter profits but surpassed Wall Street forecasts as sales from its systems integration,
space systems and aeronautics businesses increased.

Maryland-based Lockheed, maker of the F-16 fighter jet, reported net earnings of $89 million, or 21 cents per share, down from the $293 million, or 76 cents per
share, posted a year ago.

Excluding unusual and one-time items, operating income totaled 38 cents for the quarter, versus 59 cents in the same period of 1999. Analysts had expected
operating earnings of 36 cents per share, according to tracking firm First Call/Thomson Financial.

Net sales rose to $7.6 billion from $7.0 billion a year earlier. Sales would have increased by 10 percent but for the effects of acquisitions and divestitures, the
company said.

Lockheed`s bottom line included the impact of the aerospace electronics systems divestiture, a debt tender offer and a charge associated with an investment.

[Gatsby2]

LMGT bekommt ISO 9001 Zertifizierung.

Thursday January 25, 11:03 am Eastern Time

Press Release

LMGT Receives International Registration of Quality Management Practices

-- ISO 9001 Registration Provides International Recognition for LMGT`s Quality Management System --

VALLEY FORGE, Pa.--(BUSINESS WIRE)--Jan. 25, 2001--Lockheed Martin Global Telecommunications (LMGT) today announced that its Systems &
Technology`s facility in Valley Forge, Pennsylvania has received ISO 9001 registration, a stringent international management standard that ensures quality in
designing, developing, and producing products and services.

The ISO 9001 requirements are established by the International Organization for Standardization and recognized worldwide as a standard for quality management
systems.

The ISO 9001 qualification process entails a comprehensive review of an organization`s management processes and procedures, and confirms that state-of-the-art
management practices are consistently followed in meeting customer requirements.

``To be competitive in today`s global telecommunications marketplace, LMGT must have stringent systems in place to meet our customers` requirements,`` said
Michael Williams, president and general manager of LMGT Systems & Technology. ``ISO 9001 registration gives LMGT an advantage by recognizing these quality
systems.``

LMGT System &Technology`s Clarksburg, Maryland, facility was registered to ISO 9001 in 1999.

LMGT, a wholly owned subsidiary of Lockheed Martin Corporation (NYSE:LMT - news), is a premier global provider of network services and advanced
technology solutions to enterprise customers. LMGT is headquartered in Bethesda, Maryland and includes the satellite, network and product assets of the former
COMSAT Corporation and the commercial information technology unit of Lockheed Martin.

LMGT has major operations in Valley Forge, Pennsylvania; Clarksburg, Maryland; Orlando, Florida; Santa Paula, California; and Southbury, Connecticut. LMGT
has regional offices in Santa Clara, California; Atlanta, Georgia; Reston, Virginia; and King of Prussia, Pennsylvania.

International operations are located in Argentina, Australia, Brazil, Canada, China, Colombia, Germany, India, Ireland, Japan, Korea, Malaysia, Mexico, New
Zealand, Peru, Russia, Singapore, Sweden, Turkey and Venezuela.

Contact:

LMGT, Bethesda
Emily Donavan, 301/214-3309
[e-mail]

[Micky_Maus]

@Gatsby,

hatte zuletzt ernsthaft mit dem Gedanken gespielt, ein paar LMT ins Depot zu nehmen, denn die 30$-Marke kam bedenklich nahe. Aber wie schon bei EADS bin ich mal wieder knapp gescheitert. Dafür hatte ich mit YHOO schon einen guten Griff in diesem Jahr (gekauft zu 27€, siehe mein Thread "Unverschämtheit! YAHOO steigt,obwohl....").

Sämtliche Rüstungswerte haben heute Power, sodass ich nochmal an unsere kleine Wette erinnere: wer zuerst bei 40$ im Handelsverlauf, hat gewonnen, Raytheon B ./. Lockheed Martin

Schätze, morgen setzen kleine Gewinnmitnahmen ein, aber spätestens im Februar ist Raytheon reif. Als Sieger darf ich ein Essen geniessen, aber ohne Rindfleisch....

[Gatsby2]

RE: Micky

Wusst ich`s doch. Ich hatte heute nachmittag schon auf Dein Post gewartet, denn Raytheon geht ja heute doch etwas besser ab als Lockheed. Im spaeten Handel kam sogar noch ordentlich Volumen auf.

Aber, aber, noch bist Du nicht bei $40. Trotzdem duerfte Dich dieser Artikel interessieren. Die Ueberschrift ist sicher ganz nach Deinem Geschmack:

http://public.wsj.com/sn/y/SB980432615120546579.html

Essen find ich gut. Aber ein kleines Steak duerfte es schon sein.

[Micky_Maus]

Naja, 38cent/share sind schon gut, aber trotzdem scheint mir ein Kurs von 35$ etwas zu hoch für LMT. Dagegen hat RTN nun doch überrascht und hat nun noch einiges aufzuholen, denn die alten Hochs liegen bei 70$, bezahlt zur Zeit des Kosovo-Konflikts. Auch Northrop legt weiter zu, und Rockwell, das Konglomerat (u.a. Rüstungselektronik) sowieso. Die von Dir neulich erwähnten TRW finde ich übrigens auch beachtlich, aber man kann ja nicht überall investiert sein...

[Gatsby2]

Ja, Raytheon hat mich auch ueberrascht. Bloss beim Abbau ihrer Schulden haengen sie ein wenig nach ...

Wie wir ja mittlerweile gelernt haben, wird der Aktienmarkt im Moment von Nachrichten getrieben. Und ich glaube, der naechste boost fuer Lockheed kommt von der F-22, denn die Bush-Administration hat keine Einwaende erhoben, und die Tests sind nahezu durch. Damit waeren fuer Lockheed 15 Jahre Entwicklungsarbeit erfolgreich abgeschlossen.

Das naechste Ding koennte der JSF werden, FALLS sich die neue Technik fuer den Senkrechtstart als standfest erweisen sollte. Denn fuer diesen Fall ist Lockheed auf eine Kuerzung des Programms durch das Pentagon - die ich fuer sehr wahrscheinlich halte - geruestet. Die Briten haben voll auf den JSF gesetzt: ohne die Maschine haben sie keine Maschine, um ihre Flugzeugtraeger auszuruesten , und so ist es auch verstaendlich, dass sie GBP 1.7 Mrd. an staatlichen Geldern in die Entwicklung einbringen wollen. Fuer diese Subventionen wollen sie natuerlich neben der Mitsprache auch Jobs, und praktischerweise sitzt BAE-Systems mit in dem von Lockheed gefuehrten Konsortium. Schliesslich gibt es auch noch ein Memorandum of Understanding zwischen EADS und LMC, wonach Airbus Industrie die Ersatzteillogistik fuer den von LMC gebauten JSF uebernehmen soll.

Kurz gefasst: Lockheed kann den JSF auch ohne volle Unterstuetzung des Pentagon in profitablen Stueckzahlen bauen - Boeing nicht.

Fuer das letzte Quartal steht dann noch der IPO von LMGT an, der nach Analystenschaetzungen $ 2 Mrd. bringen soll.

Insgesamt sehe ich Lockheed als nicht ueberbewertet an und freue mich auf Deine Einladung zum Essen. Die besten Steaks in Frankfurt braet das Rodeo, und die Margueritas sind auch top.

[Gatsby2]

No comment ...

Jan. 25, 2001 (Defense Daily, Vol. 209, No. 16 via COMTEX) -- By Frank Wolfe

The Pentagon may hold a Defense Acquisition Board (DAB) meeting to authorize low-rate
initial production (LRIP) for 10 Air Force F-22 fighters in the next two weeks, a top
service acquisition official said yesterday.

"I hope the DAB will take place within the next two weeks," Darleen Druyun, a senior Air
Force acquisition official, told reporters yesterday.

Prime contractor Lockheed Martin [LMT] hopes to fly test aircraft 4004 to Edwards AFB,
Calif., early next week to conduct radar cross section testing, one of 11 congressionally
mandated production criteria. The F-22 program also hopes to fly test aircraft 4006, the
other remaining criterion, next week.

Without the completion of such criteria, the DAB would likely not happen.

Acting Pentagon acquisition chief Dave Oliver would chair the DAB. Other principals who
normally sit on DABs are the vice chairman of the Joint Chiefs of Staff, the Pentagon
acquisition chief`s principal deputy, the Pentagon comptroller, the assistant secretary of
defense for strategy and requirements, the director of operational test and evaluation
(DOT&E), the director of program analysis and evaluation, the service acquisition chiefs
and program officials.

A DAB would come at a sensitive time for the program. The Bush administration has
vowed a review of all major defense programs and has yet to nominate upper echelon
Pentagon administrators who would sit on the DAB. Acting administrators, like Oliver and
acting DOT&E Lee Frame, could sit on the DAB, however.

Once the F-22 program meets the final two congressionally mandated criteria it can
receive $2.5 billion for the first 10 planes and long-lead money for up to 13 Lot II aircraft.

Former Air Force Secretary Whitten Peters said last week that he believed the Bush
administration would not hold up the DAB (Defense Daily, Jan. 19). The Air Force
recently estimated that the program would exceed the nearly $40 billion production cap by
$2 billion. But the service said that producibility improvements would keep the program
within the cap.

The Pentagon`s Cost Analysis Improvement Group has consistently estimated that the F-22
will far exceed the cap and the Air Force`s own cost estimate. Druyun said yesterday that
the Air Force is to devote $475 million over the next three years to producibility
improvements, which will "more than offset the Air Force cost estimate."

The service plans to rephase between 14 and 15 of the aircraft now planned for LRIP.
Buying them back later in the program is to free up the $475 million now needed for the
producibility improvements. The Air Force plans to buy 12 aircraft, instead of 13, in FY `02
as part of the rephasing, a Pentagon official said yesterday. The Bush administration is to
examine the Clinton administration`s last FY `02 budget request and revise it in the next
month or so.

"The most important thing we can do in the F-22 program is bring it program stability,"
Druyun said. "One of the things that we are looking at is to rephase some of the up front
aircraft we`re going to buy because we need to make up front investments. There are so
many smart things we can do to bring down the cost of that airplane."

Early next month, Druyun is to kick off a "War on Costs" at an event to highlight the
production line improvements that Northrop Grumman [NOC] and Raytheon
[RTNA/RTNB] have made to lower their costs on the F-22.

TRW [TRW] and its vendors have also worked on pilot projects to show that they can
reduce costs by redesign of avionics components and increased use of commercial
off-the-shelf equipment, Druyun said.

"We`re going to use some of our success stories and work with every one of our major
subcontractors and, in essence, form a contract with them. This is the cost you need to get
in line with in order to ensure we can deliver 339 airplanes to the Air Force,`" she said.

The 1997 Quadrennial Defense Review reduced the planned number of production F-22s
from 750 to 339.

Yesterday, Druyun also discussed an acquisition reform conference that she is co-hosting
in two weeks to explore ways to reduce cost, cut the fielding time for weapons systems
and bolster the industrial base.

The Pentagon has done 106 studies on acquisition reform. "Program stability is a theme you
see in every one of these reports," Druyun said. "You have to have more program
stability." One option being weighed for inclusion in a reform blueprint to be distributed at
the conference is to conduct pilot acquisition programs under a two-year budgeting
framework. Because of the existing framework, program funding is in jeopardy each year
in congressional budget battles.

Another idea that may see fruition is to conduct more "spiral development" on weapons
programs. Under such a plan, a service can field an 80 percent solution system, for
example, that has not met all the envisioned capabilities. Fielding a system in capability
blocks, like the planned Joint Strike Fighter, for example, would enable the military services
to get leap ahead technology more quickly, Druyun said.

Reducing the fielding time for weapons systems seems to fit well with the Bush
administration philosophy of "skipping a generation" of weapons technology, where feasible.
Getting systems into the field more quickly will lessen the chance that they are outdated
when they are deployed.

At his Senate confirmation hearing, Secretary of Defense Donald Rumsfeld noted that the
cycle time from program start to initial operational capability for major acquisition programs
conducted over the past several decades has averaged between eight and nine years and
that programs are now saddled with unrealistic requirements (Defense Daily, Jan. 12) .

Rumsfeld said that the Pentagon needs to revolutionize its acquisition process, which he
said was "ill-suited to meet the demands posed by an expansion of unconventional and
asymmetric threats in an era of rapid technological advances and pervasive proliferation."

"I think he`s right on target," Druyun said yesterday.

[Gatsby2]

Lockheed Martin Raised to `Strong Buy` at Wasserstein Perella
By Michael O. Donohue
Princeton, New Jersey, Jan. 26 (Bloomberg Data) -- Lockheed Martin Corporation (LMT US) was raised to ``strong buy``
from ``buy`` by analyst Joseph D. San Pietro at Wasserstein Perella Securities.

[Gatsby2]

Friday January 26, 12:29 pm Eastern Time

Press Release

SOURCE: Lockheed Martin Naval Electronics & Surveillance Systems

Lockheed Martin-Developed Aegis Weapon System Successfully Supports
Theater Ballistic Missile Defense Test

KAUAI, Hawaii, Jan. 26 /PRNewswire/ -- The Lockheed Martin-developed Aegis Weapon System today successfully supported the test firing of a standard missile
(SM)-3 from USS Lake Erie (CG 70) at the U.S. Navy`s Pacific Missile Range Facility (PMRF). The test demonstrated the Aegis Weapon System`s ability to track
and launch a guided missile against a Theater Ballistic Missile (TBM) target.

This test was the third demonstration in a series of planned flight tests that progressively demonstrate the Navy`s Aegis Weapon System`s ability to engage ballistic
missiles with the new Navy Theater Wide (NTW) SM-3. The planned series of demonstrations culminates with two exo-atmospheric ``hit-to- kill`` intercepts of a
TBM target.

The Aegis Lightweight Exo-Atmospheric Projectile (LEAP) Intercept (ALI) Project is a stepping stone toward the Navy`s goal of an NTW capability for Aegis
ships. The ALI Project includes modifications to the Aegis Weapon System`s phased array radar system (SPY-1), Weapons Control System, Command and
Control System, Vertical Launching System (VLS) and integration of the SM-3 guided missile. The NTW capability is intended to provide regional protection against
medium to long range TBMs for joint forces, sea ports, inland airfields, vital political and military assets and population centers.

Lockheed Martin has been under contract with the U.S. Navy since the mid- 1970s as the Combat System Engineering Agent for the Aegis Weapon System, and
since the early 1990s to develop Ballistic Missile Defense (BMD) capability for Aegis ships. ``Today is an exciting step toward fielding an NTW capability,`` said
Fred Moosally, president, NE&SS-Surface Systems. ``This test demonstrates the ability of the Aegis Weapon System to support BMD and is an evolutionary step
toward the operational capability for NTW in the future.``

The Aegis Weapon System is designed, built and integrated by Lockheed Martin Naval Electronics & Surveillance Systems (NE&SS)-Surface Systems,
headquartered in Moorestown, NJ. NE&SS-Surface Systems is one of five major lines of business comprising the Lockheed Martin NE&SS business segment.
NE&SS provides surface ship and submarine weapon systems, antisubmarine warfare and ocean surveillance systems, missile launching systems, radar and sensor
systems, ship systems integration services and other advanced systems and services to customers worldwide. NE&SS is an operating segment of the Lockheed
Martin Systems Integration business area.

Headquartered in Bethesda, Maryland, Lockheed Martin Systems Integration is one of four principal business areas within the Lockheed Martin Corporation
(NYSE: LMT - news). The other business areas are aeronautics, space and technology services.

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

[Gatsby2]

Darauf koennen wir allerdings verzichten:

U.S. Forces Placed on Alert

Middle East Newsline
SPECIAL TO WORLD TRIBUNE.COM
Friday, January 26, 2000
WASHINGTON — The United States has sent a Patriot anti-missile defense battery to
Israel amid heightened concerns of a Middle East war.

Pentagon sources said the heightened tension in the Middle East prompted a decision to
place on alert U.S. forces in Germany and Italy. They said Washington has been
concerned about an Iraqi attack on Israel amid reports that several Iraqi divisions have
moved close to the Syrian border.

The San Antonio Express-News published a copy of a U.S. military order that on Jan. 11
raised the alert status of U.S. forces from Threatcon Bravo to Alpha. Alpha is a
heightened alert of a terrorist attack.

"Recent intelligence indicates that an increased or more predictable threat exists, thus
warranting the Threatcon change," the U.S. military order read.

Pentagon officials said the Patriot missile brigade will participate in an exercise in Israel
scheduled for Feb. 8. The exercise will last 15 days.

The exercise, called "Juniper Cobra," will include about 400 members of the 69th Air
Defense Artillery Brigade based near Frankfurt, Germany. A Patriot missile battery and
personnel are expected to arrive by ship on Feb. 4 and join Patriot batteries already
deployed in the Jewish state.

"It is a training event to sustain interoperability between the U.S. Army and the Israeli
defense forces," U.S. Army spokesman Maj. Tom Collins said.

In December, Lockheed Martin was awarded a $212 million contract to produce an
upgraded Patriot.


Friday, January 26, 2000

[Gatsby2]

Auch nett. Newport News bekommt den Auftrag fuer einen neuen Flugzeugtraeger, und Lockheed darf die Software bauen. Uebrigens eine recht interessante Software, denn hier soll erstmals die militaerische Software mit kommerzieller Software (MSFT) abgestimmt werden.

Friday January 26 5:22 PM ET
Newport News Wins Navy Carrier Contract

NEWPORT NEWS, Va. (Reuters) - Military ship and submarine builder
Newport News Shipbuilding Inc. (NYSE:NNS - news) on Friday said it won a
Navy contract valued at about $3.8 billion to design and build the tenth
Nimitz-class aircraft carrier, CVN 77.

The carrier is scheduled for delivery in 2008 and will serve as the first
transition ship to a new class of carriers, Newport News said.

The company will also be responsible for delivering the ship`s warfare systems,
which was a task previously performed by the Navy. That includes
development and procurement of the warfare system through a subcontract to
Lockheed Martin Corp. (NYSE:LMT - news) and overall integration of the
system into the ship.

Newport News said the carrier`s warfare system will incorporate a new multi-function radar system and an
information network that will allow new technology to be inserted.

Shares of Newport News ended Friday at $49-1/16, off a year high of $57-1/2 but up from a low of $25-3/16. The
company is expected to post quarterly results next week.

[Gatsby2]

Re: Micky

Ich darf noch hoffen

Lockheed Martin Reiterated `Buy` at First Union
By Lindsey Mackay
Princeton, New Jersey, Jan. 26 (Bloomberg Data) -- Lockheed Martin Corporation (LMT
US) was reiterated ``buy`` by analyst Sam J Pearlstein at First Union Securities Inc. The
target price is $40 per share.

[Gatsby2]

... und die Hoffnung steigt!

Das komplette Programm umfasst uebrigens 339 Maschinen zum Stueckpreis von $182 Mio. Nicht mitgerechnet die Auslandsauftraege, deren erster aus Israel erwartet wird.

Lockheed Likely to Get F-22 Production OK Feb. 5, Official Says
By Tony Capaccio

Washington, Jan. 26 (Bloomberg) -- The Pentagon is likely to authorize awarding Lockheed
Martin Corp. a $2.1 billion contract on Feb. 5 to produce the first batch of F-22 fighters and
engines, a senior Air Force official said.

The Air Force expects to complete by Thursday the last of 10 tests the U.S. Congress
demanded before production could begin. That should trigger the Pentagon`s Defense
Acquisition Board`s decision to award aircraft and engine contracts, said Darleen Druyun,
principal deputy assistant secretary for acquisition.

Investors have worried this decision might be delayed as the Bush administration reviews
U.S. tactical aircraft needs. Defense Secretary Donald Rumsfeld hasn`t objected to the
Acquisition Board`s schedule, Druyun said, although a production decision doesn`t
guarantee the program won`t be scaled back later.

``Secretary Rumsfeld knows every day what we are doing on this program,`` Druyun said.
``The contracting officer is waiting to sign (the contract) once we have the paperwork
officially signed by the new secretary.``

A signed production contract would cap Lockheed Martin`s efforts since last year to
restore investor confidence after a series of problems with its aircraft, missile and space
rocket programs. Shares of Bethesda, Maryland-based Lockheed Martin have risen 74
percent in the last 12 months. Lockheed Martin yesterday raised its profit outlook for 2001
because of corporate restructuring that has reduced debt.

Lockheed Martin`s aeronautics business unit, which makes the F-22, had $1.5 billion of
Lockheed`s overall $7.6 billion in fourth-quarter sales -- third-largest of its four units.
Boeing Co., Northrop Grumman Corp., TRW Inc. and United Technologies Corp.`s Pratt
& Whitney military engines are the top F-22 subcontractors.

Rumsfeld`s Okay

In making the final decision to approve a contract award, Rumsfeld also must certify to
Congress that the F-22 program can meet cost caps required by Congress for the ongoing
development and production phases.

Rumsfeld can certify the development cost caps will be met, Druyun said. He can`t say the
same about the $37.9 billion production cap, she said.

Independent Pentagon cost analysts estimated the program will exceed the production cap
by about $9 billion.

The Air Force has presented Pentagon officials with a plan to defer the purchase of the
purchase of 13 of the 86 fighters scheduled through 2004 and apply the money to cost
reduction efforts that narrow the $9 billion estimate. The Air Force believes the estimate is
closer to $2 billion, Druyun said.

The fiscal 2002 Air Force budget will call for buying 13 fighters instead of 16 planned last
year, Druyun said.

The F-22 will replace the F-15C as the United States` top air- to-air fighter. It will combine
the latest avionics and software in a stealthy airframe that`s intended to make it nearly
invisible to radar.

The program calls for building 339 planes with the first entering the service in December
2005. Each plane is estimated to cost $182 million in inflation-adjusted dollars that include
research, production, support and air base construction costs.

[Gatsby2]

Und noch mehr Nachrichten von gestern.

Lockheed Martin`s CSOC Provides Cost Savings to NASA Through Antarctic Ground
Network Services Contract


Updated 12:39 PM ET January 26, 2001
HOUSTON, Jan. 26 /PRNewswire/ -- Officials at Lockheed Martin announced today that
the Consolidated Space Operations Contract (CSOC) has entered into a contract
agreement with Raytheon Polar Services Company (RPSC) to provide managed IP Data
services in support of the National Science Foundation`s (NSF`s) Polar programs.
Under the terms of the $885,000, four-year contract, CSOC will install, operate and
maintain IP-based connectivity from the University of Miami and the COMSAT facility at
Clarksburg, MD to the RPSC Network Operations Center (NOC) in Englewood, Colorado.
CSOC will then provide dedicated and redundant T1 connectivity from the NOC to the
Antarctic Polar Station via NASA`s extensive Wide Area Network, which will include
standard Internet connectivity.

"The contract with Raytheon exemplifies CSOC`s commitment to commercializing
government services as a cost-savings mechanism," said Doug Tighe, program manager for
CSOC. "By selling the available capacity on NASA`s Wide Area Network (WAN), we are
able to revenue share with NASA, thus generating additional commercial income to support
government services."

Connectivity has been accomplished using routers connected to two dedicated, full-time
full-duplex T1 (1.544Mbps) leased circuits. The routers are capable of supporting DS3
(45Mbps) circuit if and when RPSC desires an upgrade.

The NSF`s Polar programs will utilize these CSOC services to enable scientists to transfer,
rapidly and efficiently, the large quantities of scientific data gathered each day at the South
Pole`s McMurdo Ground Station. The new capability will supplement coverage provided by
NASA and U.S. Air Force satellites.

CSOC is a $3-billion-plus contract awarded by NASA to Lockheed Martin, who serves as
the prime contractor to provide end-to-end space operations Mission and Data Services to
both NASA and non-NASA customers. CSOC manages NASA`s data collection,
telemetry and communications operations that support Earth-orbiting satellites, planetary
exploration, and human space flight activities. Services include data acquisition from
spacecraft, data transmission to end-users, data processing and storage, ground and space
communications, and mission control center operations.

CSOC is part of Lockheed Martin Space Operations (LMSO), a business unit of Lockheed
Martin Technology Services headquartered in Cherry Hill, New Jersey. LMSO, a high-tech
engineering and science services firm, employs about 4,000 engineers, scientists and
support personnel. Services include managing CSOC; software and hardware engineering
for the Space Shuttle and International Space Station; mission operations and planning
systems design, development, and integration; and human life sciences research.

[Gatsby2]

Insider wissen es schon laenger, aber jetzt nimmt es langsam konkretere Formen an. Das lange ueberfaellige Tankflugzeug fuer die Airforce.

Nachstehend eine Studie ueber zukuenftige Entwicklungen von Boeing und Lockheed Martin.

Next-Generation Air-Mobility Concepts Focus on
Efficiency
by Sandra I. Erwin

In anticipation of future investments by the U.S. Air Force in air-transport and in-flight
refueling aircraft, aerospace giants Boeing Co. and Lockheed Martin Corp. are pushing their own
air-mobility platform concepts, hoping that their ideas will result in long-term business opportunities.



The notion of a single platform—that would serve both as a transport and as a refueling
tanker—underpins some of the ongoing work by design engineers at Lockheed Martin
Aeronautics Co., in Marietta, Ga.

“We used to think of airlift as an end in itself,” said Edwin E. Tenoso, the company’s
director of customer requirements. “I think we should think of airlift as part of the
transportation system,” he said during a Defense Week conference on military airlift
in Washington, D.C. For that reason, he explained, tankers should not just be used for
refueling, but also as a cargo-carrying platform. The Air Force KC-10 is an example
of a dual-capable aircraft.

When planning for the future, the Air Force should not think about a new cargo plane
or a new tanker, separately, but should focus on a large “mobility” aircraft that can
serve as either, Tenoso said. “The Air Force should challenge those of us in industry
to solve the mobility problem, not just a tanker problem.

“Should the Air Force be interested in a large mobility aircraft, we would be willing to
engage in serious discussions,” he said. So far, “the Air Force has not stated a
requirement. When they do, we’ll be ready to make a proposal.”

Lockheed’s concept is for a so-called advanced mobility aircraft, a multi-boom
tanker/transport. That aircraft would be suitable as a KC-135 tanker replacement,
and also could supplement the C-5 and the C-17 heavy transports.

“We have looked at several different types of large mobility aircraft,” Tenoso said.
The most promising so far, he said, is a concept for a tail-less aircraft called the
“box-wing.” As its name indicates, the box-wing is a diamond-shaped rigid structure,
with two wingtip booms or drogues for in-flight refueling. This aircraft would be able
to carry 200,000 pounds of cargo.

It would be about the same size of a KC-135, maybe slightly bigger, Teneso said.
“[But] you could drive it into the KC-135 hangar.”

The box-wing is a paper-only concept, but Tenoso said a model has been built and
flown in a wind tunnel.

The box-wing, additionally, could serve as a strategic platform—as a command and
control post or as a ground surveillance system. Tenoso believes the Air Force could
use the box-wing airplane as a command platform to remotely control various
unmanned aircraft.

A price tag for the box-wing has not been estimated, he said. “We haven’t worked
through the cost.” He believes that, if the Air Force planned a large buy, it would
help spread the development costs over many aircraft.

Andy Bennett, manager of air mobility systems at Lockheed Martin, said the
box-wing could be built as a stand-alone transport or tanker, or it could be a
dual-mode configuration. The multiple booms available in the box-wing offer a
significant improvement, Bennett said in an interview.

“The intent is to have more booms in the sky ... do more missions with fewer
tankers. But the most important thing is that you can refuel multiple aircraft in a
shorter period of time.” It could be designed to land on short airstrips.

Even though the box-wing concept appears futuristic, said Bennett, it could be built
with conventional technology. “We could build one today.”

But, given the Air Force budget plans, Lockheed Martin would not expect to be
producing a new aircraft for at least 15-30 years, he said. The KC-135 would need to
be replaced sometime between 2013 and 2040.

Besides working on advanced aircraft concepts for the Air Force, Bennett also has
been involved in a Navy project to make the C-130 tactical transport water-capable.

The idea was to enable the C-130 to land in water and take off from water. “It’s not
a huge technological challenge,” he said. The problem is not the technology but the
lack of qualified aerospace engineers. “The people who know how to design that
type of hull shape are rapidly disappearing,” he said. “Sea-planes were last built in
the 1960s, so the technology base is shrinking fast.”

In addition to the box-wing, Lockheed Martin developed another large cargo aircraft
concept, based on commercial technology for structures and aerodynamics, said
Bennett.

The company also is working on a so-called blended-wing body configuration, which
looks like a flying wing. “It would have a shorter and wider fuselage,” Bennett
explained. The blended-wing aircraft would be capable of carrying 54-foot
containers, like the ones used on ships.

Air Force Gen. Charles T. Robertson Jr., chief of the U.S. Transportation Command,
believes that a multi-mission, tanker/transport aircraft, in principle, is “a good idea.”

But he cautioned that “the requirements in almost every scenario are going to be
simultaneous. Like [with the] KC-10s, you can’t assume you can always use them as
a tanker. And you can’t assume it’s an airlifter [only] either.”

Robertson would support the concept of a multi-mission aircraft, “as long as it
doesn’t drive the cost too high because you try to do too many things, and as long as
you don’t double count.” That means not assuming that they can be used as cargo
planes and as a tankers at the same time, in two different parts of the world.

The Boeing Co., meanwhile, is banking on the success of a commercial version of
the C-17, called the BC-17X. Several years ago, it was known as the MD-17.

Sales of this aircraft would not only help keep the Long Beach, Calif.-based
production line open beyond 2004, but also could indirectly make more of these
planes available to the Air Force, via the Civil Reserve Air Fleet (CRAF) program,
said Boeing officials. Approximately half of the Air Force’s airlift requirements are
fulfilled by CRAF.

The Air Force and Boeing recently unveiled a plan to encourage private cargo
carriers and airlines to purchase the BC-17X. “The idea would be to have more
BC-17Xs available from commercial carriers for military use under the CRAF,” said
Boeing spokesman Rick Sanford.

No BC-17Xs have been sold yet, he said.

Under the CRAF program, airlines and air-freight service firms contractually pledge
aircraft to the Air Force, which would request their use for national emergencies. To
provide incentives for civil carriers to commit these aircraft, the Air Force generally
awards peacetime airlift contracts to civilian airlines that offer aircraft to the CRAF.

The so-called international airlift services contract is the largest of these. For fiscal
1999, for example, the guaranteed portion of the contract was $345 million, in addition
to more than $300 million of business that was not guaranteed.

To join CRAF, carriers must have U.S.-registered aircraft capable of over-water
operations, at least 3,500 nautical mile range, and 10 hours per day utilization rate.
Carriers must also commit and maintain at least four complete crews for each
aircraft. As of January 2000, 34 carriers and 729 aircraft were enrolled in the CRAF.

The Air Force unveiled a proposal in mid-December, recommending that Boeing
build the BC-17X under the assumption that those aircraft would be used in times of
war, under the CRAF program. Preliminary plans indicate that Boeing would build 14
BC-17Xs beginning in 2004.

John Sams, director of product support at Boeing, said the BC-17X would target a
niche market that currently is filled by the Ukraine’s AN-124.

“Our research shows that there is a market that can support this,” said Sanford. A
BC-17X would cost under $200 million.

It would be quite similar to the military C-17, except that it would not carry tanks, but
Caterpillar tractors to airstrips near construction sites, he explained. “They do not
require runways.”

A BC-17X, unlike the C-17, would not be allowed to airdrop cargo or people. And it
cannot be refueled in flight.

“We see a global market but also a strong domestic market,” said Sanford. The
engines flown into Boeing’s Seattle factory come in AN-124 airplanes. “We would
rather have our own airplanes fly in the engines.”

As a tanker replacement for the KC-135, Boeing currently is marketing a variant of
its commercial 767 jet.

[Gatsby2]

ILS Grabs New Commercial Launch Orders
26-Jan-2001 12:02 PM U.S. EST

International Launch Services, which launched a record 14 missions on two different types
of rockets last year, has secured $1 billion in new commercial orders, the McLean,
Va.-based company said Friday.

The five-year-old company, a joint venture of Lockheed Martin Commercial Launch
Services and Lockheed Khrunichev Energia International, provides launch services on both
the American Atlas and Russian Proton rockets (shown in photo).

Eight of last year`s missions were on Atlas, six were on Proton.

ILS` year-end backlog of about $3 billion includes $1 billion in new orders for both vehicles.


These include contracts for launches of 16 geostationary or medium Earth-orbit
commercial communications satellites and options for 17 more.

Customers include such satellite owners and operators as Teledesic, Astrolink, GE
Americom, AsiaSat and Hispasat.

In addition to the commercial orders, NASA selected the ILS Atlas to launch future
interplanetary and near-Earth missions.

"The year 2000 was a landmark year for us," said ILS President Mark Albrecht in a
statement.

"We had more successful missions than any other launch provider, we took in more orders
than any of our competitors in the commercial marketplace and we completed our
relocation from San Diego to the Washington, D.C., area."

The company also launched the first rocket in its Lockheed Martin Atlas III product line, a
flight that Albrecht said "proved out the majority of the technologies that will be used on our
upcoming Atlas V."

Earlier this month ILS announced an agreement with Société Européenne des Satellites of
Luxembourg for two Proton launches this year.

ILS` Atlas rockets and Centaur upper stages are built by Lockheed Martin Space Systems
at plants in Denver, Colo., Harlingen, Texas, and San Diego, Calif.

The three-stage Proton is produced by Khrunichev State Research and Production Space
Center at its factory near Moscow. The fourth stage is built by RSC Energia, also near
Moscow.

[Gatsby2]

Monday January 29, 9:17 am Eastern Time

Press Release

SOURCE: Lockheed Martin Aeronautics Company

Lockheed Martin C-130J Airlifter Passes Major Milestone

MARIETTA, Ga., Jan. 29 /PRNewswire/ -- The U.S. Air Force recently issued an expanded operational release for the Lockheed Martin C-130J that dramatically
increased the airlifter`s approved capabilities.

Under this release, which was granted after the second phase of operational test and evaluation (referred to as Phase 1B testing) was completed, the C-130J is now
permitted to carry passengers and cargo in operations throughout the continental U.S., Alaska, and Canada. It also clears the aircraft for operation in a range of icing
conditions. The previous operational release was limited to conversion training without cargo or passengers, and operations between a specific set of bases, subject
to restricted icing limitations.

This initial USAF operational testing, being carried out at Keesler AFB, Miss., is part of a multi-phased program that will validate the C-130J`s full military
operational capability for U.S. forces. This latest expansion of the operating environment keeps the C-130J on track with the USAF`s phased plan to release new
capability as it is approved during testing and as the operational crews gain experience with the aircraft.

There are currently 16 C-130Js operating in the U.S. at Keesler and at Warfield ANGB in Baltimore, Md. Three international customers are also operating C-130Js
and the longer C-130J-30s.

``This latest release demonstrates the continued strengthening of the C- 130J program,`` says Ross Reynolds, Lockheed Martin vice president for the C- 130J
program. ``With 111 aircraft ordered and 69 delivered, the C-130J presence around the world is growing.``

Current customers include the active duty U.S. Air Force, Air National Guard, Air Force Reserve Command, U.S. Coast Guard, U.S. Marine Corps, U.K. Royal
Air Force, Royal Australian Air Force, Italian Air Force, and the Royal Danish Air Force.

Lockheed Martin Aeronautics Company is a leader in the design, development, systems integration, production, and support of advanced military aircraft and related
technologies. Its customers include the military services of the United States and allied countries throughout the world. Products include the F-16, F-22, C-130J,
F-117, U-2, and Joint Strike Fighter, among other renowned aircraft.

LM Aeronautics is a unit of Lockheed Martin Corporation (NYSE: LMT - news). Headquartered in Bethesda, Md., Lockheed Martin is a global enterprise
principally engaged in the research, design, development, manufacture, and integration of advanced-technology systems, products, and services. The corporation`s
core businesses are systems integration, space, aeronautics, and technology services.

http://www.lockheedmartin.com/
http://www.lmaeronautics.com/

SOURCE: Lockheed Martin Aeronautics Company

[Gatsby2]

Vordergruendig klingt es nach Boeing und BAE Systems, aber es enthaelt sehr viel Informationen zu dem, was sich in absehbarer Zeit am internationalen Aerospace/Defence-Markt vollziehen wird.

Wednesday January 31 3:47 PM ET
Boeing Sees Global Defense Mergers

By Bradley Perrett, European aerospace & defense correspondent

LONDON (Reuters) - Boeing Co. (NYSE:BA - news) on Wednesday
endorsed BAE Systems` (BA.L) forecast that mergers could produce two or
three transatlantic defense giants within 10 years.

``I do think it is likely to happen,`` Boeing Chairman and Chief Executive Phil
Condit told Reuters in an interview.

``It certainly is one (possibility) that has a lot to recommend it.``

Top industry executives believe U.S.-based Boeing and Britain`s BAE, the world`s biggest defense contractor, are
obvious partners if their governments can agree major international mergers in this most nationalist of industries.

BAE group marketing director Charles Masefield said on Tuesday that transatlantic mergers were likely because
of the need to share limited defense budgets and especially because European firms needed access to the U.S.
market and technology.

But the defense industry has always been managed by its customers, the governments, and little can happen until
they become comfortable with greater reliance on foreigners for weapons.

``I think they are close,`` said Condit.

``It seems to me there is a lot of benefit in that process (of transatlantic consolidation).``

``I think there is a lot of positive things for governments to think about as they wrestle with this.``

Boeing, Bae Habitual Partners

Condit would not say whether BAE was his preferred partner, but he describe the advantages of consolidation
among companies that habitually work together -- which Boeing and BAE do.

``If you sit down with someone and work with someone, that is a very positive force,`` he said.

``You get to know how they work. You get to know their strengths and weaknesses and so the predictability of
the (arrangement) gets better.

``But that is not the only path`` to consolidation, he noted.

While Boeing and BAE are often fierce competitors, they have a long history of cooperation. BAE has twice
licensed McDonnell Douglas, which Boeing absorbed in 1997, to build British planes for the U.S. Navy and
Marines.

Like BAE, Condit said transatlantic mergers would bring greater competition to each market -- the United States
and Europe -- while creating bigger markets for the companies.

It would also help U.S. and European armed forces to work together, overcoming the current problem of their
being equipped with incompatible weapons and systems.

Technology is another driving force behind transatlantic consolidation, since European weapons are often less
advanced than U.S. equipment.

Conceivably, the United States could reject consolidation and instead expect European countries to buy advanced
equipment from U.S. manufacturers.

But Condit said that approach would result in Europeans sticking with their own systems, falling further behind.

Governments Unenthusiastic

The U.S. government has so far shown little enthusiasm for continental European defense companies.

While BAE is a significant Pentagon (news - web sites) supplier, and has been permitted to buy extremely
sensitive operations from U.S. defense group Lockheed Martin Corp. (NYSE:LMT - news), no continental
company has a significant military business in the United States.

And at least one continental government, that of France, shows equally little enthusiasm for U.S. connections.

One senior defense source said last week that Paris saw serious problems with U.S. equity in French defense
firms.

But Thales SA (TCFP.PA), one of the two main continental companies with defense interests, is French. The
other, European Aeronautic Defense & Space Co NV (EADS) (EAD.DE)(EAD.PA), is roughly half French.

However, Thales last month sealed a joint venture with U.S. defense firm Raytheon Co. (NYSE:RTNa - news) in
ground-based air-defense systems. EADS is developing a relationship with Northrop Grumman Corp.
(NYSE:NOC - news) and has some connections with Lockheed.

[Gatsby2]

Und nochmehr gute Nachrichten von der Analystenfront. Salomon Smith Barney gibt "outperform" auf LMT.

Bloss: was soll man von Anal-ysten schon noch halten? Seit letzten Maerz hat LMT die gesamte Branche (und den S&P) glatt ausperformt. Und das, obwohl die Aktie als schlechtester Wert in der Peer-Group aufgefuehrt war. Komisch, nicht?



Salomon Smith Barney Changes EPS Estimate of Lockheed Martin Corp.
Tuesday, January 30, 2001 12:15:11 PM - Nelsons




Jan 30, 2001 (Nelson`s Broker Summaries via COMTEX)

Company: Lockheed Martin Corp. (NYSE:LMT) Report Headline: "Q4 SLIGHTLY
AHEAD OF EXPECTATION" Report Date: January 25, 2001 Current FY EPS Estimate
[FY2001]: 1.35 Previous EPS Estimate for Current FY [FY2001]: 1.30 Current Quarter
EPS Estimate [Q1]: N/A Previous EPS Estimate for Current Quarter [Q1]: N/A Next FY
EPS Estimate [FY2002]: 1.65 Previous EPS Estimate for Next FY [FY2002]: 1.60 Current
Recommendation: Outperform
Research Firm: Salomon Smith Barney Analyst: George D. Shapiro Industry:
Aerospace/Defense
www.nelnet.com

[Gatsby2]

CSFB bestaetigt "buy", hebt Kursziel auf $42 an.



Lockheed Martin Reinstated `Buy` at CSFB
By Sybil Carlson
(Corrects the price target to $42.)

Princeton, New Jersey, Feb. 1 (Bloomberg Data) -- Lockheed Martin Corporation (LMT US) was reinstated ``buy`` by
analyst Pierre Alexander Chao at Credit Suisse First Boston. The 12-month target price is $42.00 per share.

[Micky_Maus]

Kursziel 42$ ist lächerlich, das ist nun wirklich kein Grund mehr, um LMT bei 35$ zu kaufen. Aber wie schon richtig erkannt, sollten Analystenempfehlungen hinterfragt werden. Meist bewegt sich nämlich der Kurs nur kurz in die damit gewünschte Richtung. Siehe YHOO, die ich kaufte, als alle Experten zum Verkauf rieten. Oder CMTN, die ich auch im Depot habe: die letzte Abstufung kam bei 4$, seitdem hat sich der Kurs des DSL-Marktführers glatt verdoppelt! Und aktuell ist AOL empfohlen, doch die Aktie fällt!!

Z.Zt. habe ich mit RTN.B einen kleinen Vorsprung. Ggf. könnte ich meinen Freund Kerk Kerkorian anrufen und ihm raten, seine restlichen DaimlerChrysler in RTN zu tauschen. Denn der Markt braucht neue Ideen: Hightechs, Biotechs, Banken, Chips, das alles hatten wir schon mal. Aber Rüstungsaktien, da wär noch was zu holen...

[Gatsby2]

Micky - wer spricht hier von Ruestung?? Telekommunikation ist das, was LMT den naechsten (nein: den uebernaechsten) Kick geben wird.

Dazu am Rande: LOR hat heute den Abbruch ihres Projekts mit Satellitenbreitbandkommunikation angekuendigt. Grund: Uebermaechtige Konkurrenz.
http://public.wsj.com/sn/y/SB980994984236108498.html

Uebrigens: Hast Du nicht Lust einen Thread fuer RTN aufzuziehen?



Thursday February 1, 12:53 pm Eastern Time

Press Release

SOURCE: Lockheed Martin Corp. and Fiber Rx, Inc.

Lockheed Martin and Fiber Rx, Inc., Sign Agreement on Commercialization
Of Advanced Fiber Optic Technology

Use in Hospitals Will Revolutionize Networks

FORT WORTH, Texas, Feb. 1 /PRNewswire/ -- Lockheed Martin Corp. (NYSE: LMT - news) and Fiber Rx, Inc., have signed an agreement to license to
FiberRx certain fiber optic technology for use in hospitals and medical facilities.

In exchange for the license, Lockheed Martin will receive royalties and a 40 percent equity interest in FiberRx. The issuance of the license and completion of the
other transactions are subject to a number of closing conditions, including FiberRx financing.

The Lockheed Martin-patented technology was originally developed for sophisticated military applications requiring very high bandwidth, protocol independence and
the ability to adapt to existing equipment. The Fiber Rx, Inc. network will use a single fiber-optic cable to communicate with existing networks and systems located
throughout hospitals and medical facilities, with implementations to provide extremely high bandwidth communication of medical patient data.

The technology enables data to be combined from multiple separate sources of medical information onto a single network. This includes single-cable management of
information from copper-wire networks, traditional bundled fiber optic cables, wireless networks and the Internet.

This all-passive, fiber optic network has the potential to render existing medical network architectures -- consisting of hubs, switches and routers -- obsolete.
Traditional copper and fiber optic networks are limited in their ability to simultaneously handle increasingly high bandwidth data demands without significant hardware
upgrades.

Such demands are expected to increase with the need to distribute unedited, complex medical images and information to medical professionals. This trend demands
the cost-effective use of graphics interactively with live voice, video, wireless and Internet-based information to support collaborative meetings, which can be
achieved by current systems with only marginal results.

``The Fiber Rx, Inc. network will effectively become the foundation of communications throughout hospitals and medical facilities,`` said Robert Kearney, CEO and
President of Fiber RX, Inc. ``This is the paradigm shift in network technology that can fulfill the promise of a real-time, centralized medical communications network.
This medical network can greatly enhance existing networks and provide an expandable structure with inherent growth capacity for future network and
communications requirements and technologies.``

Lockheed Martin`s patented technology, called Fiber Optic Bus Wavelength Division Multiplexing (FOBWDM(TM)), provides a non-blocking, bi-directional,
protocol-independent, multi-channel, optical transport system. The multi- channel FOBWDM(TM) uses a self-monitoring, protocol-independent topology to
accommodate simultaneous transfers of discrete, analog, digital and wireless transmissions on a single fiber optic cable. It has been successfully used on multiple
military aircraft in flight operations and has demonstrated significant architectural advantages over currently available systems.

``Multiple FOBWDM(TM) fiber optic cables can also be used to provide redundant communications for ultra-high reliability needs on a very cost- effective basis,``
Kearney said. ``This network can yield immediate improvements in patient care and provide significant cost savings to the hospitals and medical facilities.``

Fiber Rx, Inc. is an Orlando-based company incorporated in May 2000 to commercialize the Lockheed Martin network technology exclusively in hospitals and
medical facilities. Fiber Rx, Inc. will relocate its corporate office next to the University of Central Florida and plans to hire more than 25 employees during the next
year.

Headquartered in Bethesda, Md., Lockheed Martin is a global enterprise principally engaged in the research, design, development, manufacture and integration of
advanced-technology systems, products and services. The corporation`s core businesses are systems integration, space, aeronautics and technology services.

NOTE: Statements in this press release, including the statements relating to future performance, are considered forward-looking statements under the federal
securities laws, including the Private Securities Litigation Reform Act of 1995. Sometimes these statements will contain words such as ``believes,`` ``expects,``
``intends,`` ``plans,`` or ``estimates,`` and other similar words. These statements are not guarantees of our future performance and are subject to risks, uncertainties
and other important factors that could cause our actual performance or achievements to be materially different from those we may project. We expressly disclaim a
duty to provide updates to these forward-looking statements after the date of this press release to reflect events or circumstances or changes in expectations or the
occurrence of anticipated events.

In addition to the factors set forth in our filings with the Securities and Exchange Commission (http://www.sec.gov), the following factors could affect the forward-looking
statements: availability of financing for Fiber Rx; the ability of Fiber Rx to recruit qualified technical and management staff, ability of Fiber Rx to develop a market for
its products, adaptability of technology developed in a military context to commercial applications, economic climate, timing of completion of products for market,
development and marketing of competing products and technologies, uncertainties inherent in start-up companies; and the unfavorable economic climate for start-up
companies. These are only some of the numerous factors which may affect the forward-looking statements in this press release.

SOURCE: Lockheed Martin Corp. and Fiber Rx, Inc.

[Micky_Maus]

@Gatsby,

ein Thread über Raytheon wäre interessant, allerdings nur für uns beide, zu meinem Thread PanAmSat gab`s im Board auch wenig Echo, obwohl SPOT sich im letzten Jahr sehr gut entwickelte (ähnlich wie LMT). Ganz im Gegensatz zu den dot-bombs! Wie Du ja merkst, habe ich auch nicht die Zeit, ständig neue Infos an Land zu ziehen und zu antworten.
Ich freue mich schon auf unser anregendes Gespräch im Frankfurter Wienerwald, besonders, da Du die Runde bezahlst...

Gruß Micky

[Gatsby2]

Ja, die Sache mit den fehlenden Lesern sehe ich ganz aehnlich. Aber immerhin kommen etwa 10 hits auf ein post, und so lohnt sich das Weitermachen vielleicht doch.

Immerhin bleibt ja das Rennen zwischen Raytheon und Lockheed Martin weiter spannend, und natuerlich bleibe ich dabei, dass die Rechnung fuer das Essen dann doch noch auf Dich geht. Das Volumen ist bei LMT - im Gegensatz zu RTN - stark angestiegen, und ich glaube nicht, dass RTN mit der fuer naechste Woche erwarteten Nachricht fuer LMT konkurrieren kann.

Schau`n `mer `mal ...

[Gatsby2]

Thursday February 1, 7:10 pm Eastern Time

Press Release

Am Anfang der neuen Legislaturperiode scheint Lockheed es wirklich wissen zu wollen.

Noch mehr gute Nachrichten zu sehr wichtigen Projekten ...



SOURCE: Lockheed Martin Aeronautics Company

Lockheed Martin Navy JSF Breaks Sound Barrier -- KC-10 Tanker Qualifications Completed

EDWARDS AIR FORCE BASE, Calif., Feb. 1 /PRNewswire/ -- The Joint Strike Fighter (JSF) X-35C carrier variant (CV)
began a series of supersonic envelope-expansion flights on Jan. 31, becoming the second Lockheed Martin JSF demonstrator to
exceed the speed of sound.

In two separate flights, test pilot Joe Sweeney climbed to 25,000 feet and accelerated to Mach 1.05, then to Mach 1.10, validating
the Navy JSF`s supersonic performance. The flights are the first in a series designed to test the X-35C at increasingly higher
supersonic speeds, and they are among the last before the plane`s scheduled transcontinental flight to the U.S. Navy flight-test
center at Patuxent River, Md.

``Pushing the envelope past Mach 1 in an aircraft that is essentially identical to our proposed production JSF enables us to know
today how that production plane of the future will handle at supersonic speeds,`` said Tom Burbage, executive vice president and
general manager of the Lockheed Martin JSF program. ``It`s a very important exercise in risk reduction, and reducing technical
risk is the cornerstone of our flight-test program.``

The X-35A broke the sound barrier on Nov. 21, 2000, opening up the JSF supersonic envelope for the U.S. Air Force and U.S.
Marine Corps. Each aircraft is powered by a single Pratt & Whitney JSF119-611 engine, developing about 40,000 pounds of
thrust.

On Jan. 25, the X-35C completed tanker qualification trials with a series of air-to-air refuelings behind a U.S. Air Force KC-10.
Naval probe-and-drogue refueling demonstrations are scheduled during the aircraft`s testing period at Patuxent River.

The X-35C, designed to satisfy U.S. Navy requirements, features a larger wing and control surfaces than the other JSF variants,
and has an increased- capacity structure for absorbing catapult launches and arrested landings.

The X-35A conventional-takeoff-and-landing (CTOL) variant, built to U.S. Air Force specifications, successfully completed its
flight-test program on Nov. 22, 2000, logging a record-setting 27 flights in 30 days.

The X-35B short-takeoff-vertical-landing (STOVL) demonstrator is expected to begin hover-pit testing this month. Designed to
meet U.S. Marine Corps and British Royal Air Force/Royal Navy requirements, the X-35B features a unique shaft-driven lift fan
that amplifies engine thrust and reduces exhaust temperature and velocity during STOVL operations.

The single-seat, single-engine JSF will be a stealthy and highly sophisticated replacement for an aging fleet of U.S. and British
warplanes, including the A-10, F-16, F/A-18 and Harrier.

Lockheed Martin, in partnership with Northrop Grumman and BAE SYSTEMS, is competing to build the JSF for the United States
and United Kingdom. Government selection of a single contractor for the Engineering and Manufacturing Development phase is
set for fall 2001.

For corresponding photos, visit http://www.lmaeronautics.com/image_gallery/pr_photos/jsfpr_p…

For information on Lockheed Martin Corporation (NYSE: LMT - news), visit: http://www.lockheedmartin.com

For information on Lockheed Martin Aeronautics Company, visit: http://www.lmaeronautics.com

For government information on the Joint Strike Fighter program, visit http://www.jast.mil

SOURCE: Lockheed Martin Aeronautics Company

[Gatsby2]

Aaah - endlich: Selbst Red Herring hat die Breitbandkommunikation direkt vom Satelliten erkannt. Wurde ja auch wirklich Zeit.



Last milestones
By Ron Recinto
Redherring.com, February 01, 2001

This article appears in the January 30, 2001, issue of Red Herring
magazine.

It`s no wonder there`s so much confusion when it comes to
broadband access: there`s a slew of options for consumers to gain
high-speed access to the Internet. Just consider, for example, a
consumer walking into a Best Buy consumer electronics retail store.
He or she would find DSL from MSN HighSpeed and Flashcom; cable
television and high-speed cable Internet access from AT&T
Broadband; satellite from DirecPC; and fixed wireless from Sprint
(NYSE: FON). Choice is great, but it does have downsides, especially
when it`s hard to decipher the pros and cons.

And there are plenty of points to keep in mind when trying to
determine whether a satellite dish is a better choice than DSL or a
cable modem. As a last-mile solution, satellites bring the ability to
reach areas outside the normal range of terrestrial landlines.
Satellites also have a track record for proven security, but much of
the technology is still considered young when it comes to delivering
data.

With that mix of strengths and weaknesses, some analysts are
projecting big growth for satellites over the next few years.
Broadband satellites are expected to garner 30 percent of the
Internet-access market by 2007, with 50 million users generating $15
billion in annual revenue by the end of the decade, according to
Pioneer Consulting, a market research firm in Cambridge,
Massachusetts.

Currently about 50 percent of broadband users get service through
DSL, 25 percent through cable modems, and about 10 to 15 percent
through fixed wireless technology, says Roland Van der Meer, a
general partner at Comventures, a Palo Alto, California, venture
capital firm that invests exclusively in communication technologies.

The remainder, about 10 percent, is expected to be filled by
satellites, primarily due to their accessibility in the last mile. (For a
definition of "last mile" and other high-speed-Internet-access terms,
see "Special delivery.") Satellites offer the best solution for rural
areas of the United States that are not yet equipped with cable or
telephone infrastructure; it`s not economical to run landlines to the
majority of end users in nonmetropolitan areas.

PIE IN THE SKY
Satellites can reach areas that do not have existing infrastructure.
Cable is limited by where the cable company has placed wire. DSL is
limited to 12,000 to 18,000 feet from the phone company`s central
switching office. "Those who live beyond terrestrial access provide a
strong customer base for the satellite industry," says Edward Sloot, a
partner with the venture capital firm Sofinov. "We see it as a strong,
dynamic industry with good science."

His company has explored backing at least three satellite startups,
and the recurring challenge he encounters is finding a way for the
satellite system to fit into the current terrestrial system. "The
business model must come from a commercial perspective," says Mr.
Sloot. "They need to look first at what a community needs and then
how satellites can provide it."

Satellite companies have also fought to overcome the perception
that they are a solution solely for rural markets. Most analysts
consider satellite delivery a good match for urban and suburban
settings, not just remote areas.

In the early days of dish TV, satellite was thought of as strictly for
rural communities. Now it is prevalent in more densely populated
areas. "This `rural market only` perception is one that satellite
companies must shrug off to earn a stake in the larger markets," says
Sam Baumel, senior director of marketing for Hughes Network
Systems`s Consumer Division.

And much of the excitement surrounding satellites delivering last-mile
Internet access can be attributed to the success over the past 25
years of very small aperture terminal (VSAT) satellite technology
used in gas stations for verifying credit cards.

SKYROCKETING COSTS
But there are concerns about using satellites as the last-mile
technology -- chiefly cost, but also technical issues like weather
interfering with signal transmission. Consumers pay $600 to $1,000 to
install a satellite dish and other equipment, says Mr. Van der Meer,
adding that he doesn`t believe the market for satellite Internet
access is large enough to lower the price point to that of cable or
DSL.

But those cost economics might be changing soon. A recent study by
the Phillips Group, based in London, says new two-way satellite
technology could boost the potential for satellite services being
widely accepted. But the time lag in entering the market will prevent
satellite technology from dominating, as both cable TV and DSL will
already be well entrenched, with cable having captured the
residential users, and DSL the business users.

Launch costs are yet another large expense that figures into the
economics of satellite delivery, but companies like Skybridge are
willing to shoulder these costs to develop their broadband distribution
network. Skybridge, a company led by Alcatel (NYSE: ALA) that has
headquarters in Bethesda, Maryland, is trying to deploy 80 satellites
by 2003, at a cost of $6.1 billion. Of that, $2.9 billion is for the space
segment, while $1.4 million is for satellite launch services and
insurance. The remaining $1.8 billion is earmarked for ground and
system integration.

Critics and competitors say satellite transmissions suffer from rain
fade, snow load, and wind conditions. In severe snowstorms and
heavy rain, for example, users may experience signal fade. What`s
more, heavy winds can also damage rooftop dishes.

COMMUNICATION BREAKDOWN?
Besides the day-to-day technical risks in operating a satellite
network, there`s also the likelihood that satellites could go offline
completely or burn up in the atmosphere. In November 2000, a
PanAmSat (Nasdaq: SPOT) Galaxy 7 backup satellite valued at $130
million permanently ceased transmission after an onboard system
failed. That happened just days after the November 21 launch failure
of a $60 million Quickbird 1 satellite, which would have provided
images for the Pentagon`s National Imagery and Mapping Agency and
other customers. The launch was conducted by the Russian Space
Agency.

Another downside of satellite technology is the inherent latency built
into the transmission and reception of data signals. This is the same
delay often heard when phone calls are patched through satellites,
and this delay can slow data-transmission speeds.

"Whoever wins the last mile -- if they get it right -- wow, will they
have the ability to sell multiple services," says Eric Hartley, founder
and CEO of SatcomX, an Atlanta company that provides broadband IP
content delivery and application-service-provider connectivity by
satellite.

Mr. Hartley should know. The 30-year-old onetime Aspen River guide
has two desktop computers, one that accesses the Internet over
Asymmetrical DSL (ADSL), and the other over satellite connections.
This arrangement also provides him with a lablike environment for
determining what these technologies can actually deliver. Mr. Hartley
says he uses the StarBand system, which began operations last April,
with the assistance of strategic partners Gilat Satellite Networks
(Nasdaq: GILTF), Microsoft (Nasdaq: MSFT), and Echostar
Communications (Nasdaq: DISH). StarBand beams data continuously
back and forth from Mr. Hartley`s 36-by-24-inch rooftop dish to a
satellite orbiting 22,300 miles in space. His other computer brings in
broadband through a MindSpring ADSL connection. Keeping tabs on
speed through simple AnalogX software, Mr. Hartley says the systems
are comparable.

He has seen StarBand upstream speeds as high as 90 Kbps, with an
average of 20 to 50 Kbps. Downstream speeds, Mr. Hartley says,
have been as high as 1.1 Mbps, with an average of 400 to 500 Kbps.
As for his ADSL line, it runs consistently at 1.2 Mbps in each
direction.

By the end of 2000, Hughes Network Systems was expected to
release fourth-generation technology that offers broadband return
through satellites, Mr. Baumel says. It builds on the company`s
DirecPC system, which delivers downstream broadband by satellite
and upstream broadband through phone lines. Other satellite
companies that are aiming to deliver broadband include Hughes`s
Spaceway, Lockheed Martin (NYSE: LMT)`s Astrolink, Teledesic, and
Cyberstar.

Make no mistake, demand for broadband will continue to grow. But in
order to compete, satellite companies must continue to drive price
points downward so the technology is as fast and affordable as DSL.

Write to [e-mail].

ADDITIONAL RESOURCES
A Columbia University professor`s class on "last mile" technologies and
a basic primer on broadband delivery.

Links to a trade organization that supports space technology.

Links to other trade magazine stories about satellites and the "last
mile."

Discuss this story, and satellite trends, in the Satellite discussion
forum, or check out forums, video, and events at the Discussions
home page.



1997-2000 Red Herring Communications. All Rights Reserved.

[Gatsby2]

Friday February 2, 11:37 am Eastern Time

Italy looking for jobs in JSF programme - sources

By Bradley Perrett, European Aerospace & Defence Correspondent

LONDON, Feb 2 (Reuters) - Italy is seeking work and jobs in the giant U.S. Joint Strike
Fighter (JSF) military programme, defence sources said.

An Italian government offer to contribute to the development costs of the aircraft appeared to be motivated by a desire to find
work for the Alenia Aeronautica unit of engineering firm Finmeccanica , the sources told Reuters.

The ambition runs counter to the Pentagon`s determination that the aircraft be produced at minimal cost -- something that has
never happened under the European tradition of sharing defence work around to maintain jobs.

It also complicates competing bids for the $500 billion JSF project from Lockheed Martin Corp (NYSE:LMT - news) and Boeing
Co (NYSE:BA - news), since those companies have already selected their suppliers.

``What the Italians want is some jobs,`` said one official familiar with the negotiations. ``They want to build some of the structure of
the aircraft.``

Italy was negotiating to pay four percent of the development cost -- around $1 billion -- that source said. Like many other
countries, it was also interested in buying JSFs.

Another source said that if Italy did invest and become part of the programme then it might be able to influence the Pentagon`s
choice between the Boeing and Lockheed bids. So the companies might be tempted to give contracts to Alenia even if it does not
offer the cheapest work.

So, sources said, Boeing and Lockheed are talking to Alenia, which will soon become part of a Franco-German joint venture.

The United States has been working on JSF since the mid 1990s in cooperation with Britain, which last month committed $2 billion
to the joint programme, not counting other funding allocated for refinements to suit the British armed forces.

EUROPEAN FOCUS ON JOBS

European countries usually cannot afford to conduct the biggest and most sophisticated defence projects alone, so they have
developed a tradition of cooperative development.

But with aerospace industries politically glamorous, and unemployment perennially high, the governments always insist on getting
jobs from a project in proportion to their investment.

Selecting contractors in that way -- on political grounds, rather than through competition -- raises costs.

The Pentagon has said JSF does not work like that.

At first glance it looks like it does, because many British companies are working on the Boeing and Lockheed bids. But the
competing prime contractors both stress that they have selected their British suppliers on price and performance, not politics.

``JSF is not an offset programme,`` said a senior industry executive. ``You don`t get a share of the work according to how many
planes you buy.``

Supporting that contention, British participation in the project is clearly greater than necessary on political grounds.

The British government said last month its investment in JSF would help secure jobs, but industrialists dismissed that claim as
political salesmanship.

WORLD`S BIGGEST DEFENCE PROGRAMME

The JSF programme is by far the biggest project available to any defence company. The U.S. and British armed forces require
3,000 of the planes, whose construction would cost about $100 billion -- at 1994 prices, when cost targets were set.

Decades of after-sales service would increase that figure to perhaps $250 billion and exports of another 3,000 JSFs might double it
again to $500 billion.

The overriding priority of the project is low cost.

The Bush administration is, however, reviewing the project, considering such alternatives as pilotless combat jets.

Lockheed`s JSF bid is, in effect, a joint venture with another U.S. defence major, Northrop Grumman Corp (NYSE:NOC - news),
and Britain`s BAE Systems Plc (quote from Yahoo! UK & Ireland: BA.L).

Finmeccanica has agreed to put Alenia Aeronautica into a joint venture with European Aeronautic Defence & Space Co NV ,
which is based in France and Germany.

[Gatsby2]

Friday February 2, 3:15 pm Eastern Time

Lockheed executives file to sell stock

(UPDATE: Updates with company declining comment)

WASHINGTON, Feb 2 (Reuters) - Executives at Lockheed Martin Corp. (NYSE:LMT -
news) plan to sell about $4.2 million in stock of the world`s largest defense contractor, according to regulatory filings made public
on Friday.

Robert Stevens, president and chief operating officer, plans to sell 76,000 shares for about $2.6 million, the filings showed. Stevens
replaced Louis Hughes, who left the Bethesda, Md.-based company in October.

The documents, which were filed with the Securities and Exchange Commission on Thursday, also show that Arthur Johnson, vice
president for strategic development, plans to sell 46,000 common shares valued at about $1.6 million.

Each acquired the shares after exercising employee stock options and neither has not sold any shares in the last three months, the
filings also show.

A spokesman for the aerospace and defense giant declined to comment.

Lockheed`s stock was trading 44 cents higher at $36.65 on the New York Stock Exchange, slightly below its 52-week high of
$37.11. Its year low is $16.50.

[Gatsby2]

Lockheed Martin to Bid for C$2.8 Bln Contract

Toronto, Feb. 2 (Bloomberg) -- Lockheed Martin Corp., the largest U.S. defense
contractor, will bid for the Canadian government`s C$2.8 billion ($1.87 billion) maritime
helicopter program.

Canada wants to replace its aging fleet of Sea King helicopters for search and rescue
missions off Canada`s coasts as well as for use in war. The first new helicopters are to be
put into use in 2005. The government wants the whole fleet replaced within 10 years, the
Defense Department`s Web site says.

Lockheed said it will bid with Northstar Network, a unit of Northstar Electronics Inc. of
Vancouver. Northstar Electronics had net income of C$13,946 in the nine months ended
Sept. 30 on sales of C$1.16 million.

``We are committed to providing a made-in-Canada solution to the government and look
forward to the opportunity to equipping our maritime forces with the most advanced
helicopter in the world,`` said Dan Spoor, president of Lockheed`s Canadian unit.

Lockheed Martin shares rose 34 cents, or 0.9 percent, to $36.55 in late trading. Northstar
Electronics rose 20 cents to 75 cents in U.S. trading.

Feb/02/2001 15:45 ET

[Gatsby2]

So einfach war es selten - ein Post fuer zwei Threads:

EADS enters UK air control bidding
By Kevin Done, Aerospace Correspondent
Published: February 2 2001 20:15GMT | Last Updated: February 2 2001 20:27GMT


Europe`s biggest aerospace group has entered the bidding for control of the UK`s air traffic
control system.

European Aeronautic Defence and Space company has taken a 10 per cent stake in the
Nimbus consortium led by Serco, the UK facilities management group, which has been
regarded as a front runner to acquire a 46 per cent stake in National Air Traffic Services.

The EADS entry has brought a surprise late element into the bidding, and was agreed only
shortly before last Wednesday`s deadline for submitting final, binding offers.

EADS, the world`s third-largest aerospace and defence group after Boeing and Lockheed
Martin of the US, was formed last year as part of the consolidation in Europe`s aerospace
sector with the merger of DaimlerChrysler Aerospace of Germany, Aerospatiale Matra of
France and Construcciones Aeronauticas of Spain.

The French government holds a 15 per cent stake in EADS, with a further 15 per cent held
by the Lagardere group of France and 30 per cent held by DaimlerChrysler, the German
automotive group.

The EADS entry will strengthen the Serco-led Nimbus consortium. Nimbus had been hit by
the withdrawal - at least temporarily - of PPM Ventures, the private equity arm of financial
services group Prudential, which was its main financial partner.

Neither EADS nor Serco would comment on the Franco-German group`s entry into the
bidding, although it is understood that EADS is keen to expand its services operations.

The rival bids to Nimbus are from the Novares consortium led by Lockheed-Martin and
Airways Corporation, the New Zealand state-owned air traffic services provider, and the
Airline Group comprising eight UK airlines including British Airways, Virgin Atlantic and
British Midland.

[Gatsby2]

EEOC Barred From Lockheed Case

By Greg Schneider
Washington Post Staff Writer
Saturday, February 3, 2001 ; Page E01

A federal judge in Atlanta has refused to allow the Equal Employment Opportunity Commission to intervene in a race discrimination lawsuit brought against
Lockheed Martin Corp. by current and former employees at its airplane factory in Georgia.

Allowing the EEOC to participate "may improperly broaden the scope" of the case, U.S. District Judge J. Owen Forrester said in a ruling that could signal problems
for the employees` efforts to achieve class-action status.

The case now involves 11 current and former employees. But they are seeking class-action status to enable them to represent hundreds of minority workers at
Lockheed Martin facilities nationwide.

While the employees contend that Lockheed Martin has corporation-wide race problems, that "does not necessarily mean that they will realistically achieve
certification of a nationwide class," Forrester wrote.

The EEOC, he added, "clearly seeks to pursue claims of discrimination on a nationwide level, [which] may very well expand the practical scope of this litigation to the
prejudice of" Lockheed Martin.

The judge also ruled that the EEOC had waited too long to intervene. The agency filed its motion in December, some seven months after the two suits -- one on
behalf of hourly workers, the other for salaried employees -- were filed.

The workers allege a wide range of racial mistreatment, from being passed over for promotions to finding nooses and Ku Klux Klan materials in the workplace. The
company`s plant in Marietta, just outside Atlanta, employs about 7,000 workers and produces C-130J military transport planes and the F-22 fighter jet.

"We are in the process of evaluating the judge`s decision to see what steps are appropriate to take," an EEOC official said. The agency could appeal the decision or
ask the judge to reconsider.

Atlanta lawyer Josie Alexander, the lead attorney for the plaintiffs, said she does not believe that the judge has ruled out the possibility of achieving class-action
status. "But clearly he is giving us some guidance with respect to his thoughts on the case," she added.

A spokesman for Lockheed Martin praised the ruling.

© 2001 The Washington Post

[Gatsby2]

Darum geht es naechste Woche:

[Gatsby2]

Das hab` ich noch vergessen:

Stückpreis: 185 Mio $ - Geplanter Auftragsumfang: 322 Stück

[Gatsby2]

Der letzte Satz genuegt

F-22 Initiates RCS Testing; May Finish Last DAB Requirement This Weekend
Friday, February 2, 2001 06:42:04 PM - Phillips Business Information




Feb. 02, 2001 (Defense Daily, Vol. 209, No. 22 via COMTEX) -- The F-22 fighter
program has initiated radar cross section (RCS) testing of test aircraft 4004
and moved a step closer to a Defense Acquisition Board (DAB) decision to
authorize the Lockheed Martin [LMT] contractor team to produce the first 10
production planes.

The aircraft arrived Tuesday at Edwards AFB, Calif., to conduct the testing, one
of 11 congressionally mandated criteria.

"We completed that DAB criterion within the last two weeks," Lockheed Martin
spokesman Greg Caires said yesterday of the RCS testing. Caires said that he
could not say when the RCS testing occurred because of classification rules.

The program may conduct first flight of test aircraft 4006, the remaining
criterion, this weekend, and the DAB may meet next week. In related news, the
Air Force yesterday awarded Lockheed Martin a $40 million monthly installment
for advanced procurement of 13 Lot II production aircraft.

[Gatsby2]

Ein Beitrag aus der Reihe "Wenn Verlustbringer langsam profitabel werden..."



Monday February 5, 2:04 pm Eastern Time

Press Release

SOURCE: Lockheed Martin Aeronautics Company

Assembly of First Lockheed Martin `Stretched`
C-130J-30 Airlifter for USAF Completed

MARIETTA, Ga., Feb. 5 /PRNewswire/ -- Lockheed Martin has completed assembly of the first C-130J-30 for the U.S. Air
Force (USAF). The aircraft was rolled out of the company`s main production building on Jan. 25. This aircraft is the first of five
extended fuselage length USAF C-130Js currently under contract.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010205/DAM048 )

Following painting, flight test and preparation, the C-130J-30 will be flown to the Air Force Flight Test Center at Edwards AFB,
Calif., to begin airdrop testing. The aircraft will then be joined by two more C-130J-30s for a three-month test program.

From Edwards AFB the aircraft will be flown to Pope AFB, N.C., for further paratroop testing with the U.S. Army`s 82nd
Airborne Division. Upon completion, the aircraft will return to Marietta for preparation for delivery to the 143rd Airlift Wing, the
Rhode Island Air National Guard unit based at Quonset State Airport near Providence, R.I., in late November.

Although designated a tactical airlifter, the C-130J-30 has demonstrated strategic capabilities with unrefueled non-stop flights of
more than 4,000 miles. The C-130J-30 is based on the standard C-130J model, but features a fuselage that is 180 inches (457.2
centimeters) longer than the standard C-130J model, providing the greater airlift capability required by many operators. This
version is the first stretched C-130J to be equipped with the Enhanced Cargo Handling System.

When compared with the standard model, the J-30 can be used to carry 128 combat troops instead of 92, and 92 paratroops
instead of 64. It can also carry seven 463L pallets rather than five, 97 medical liters instead of 74, and 24 container delivery
system (CDS) bundles instead of 16.

Worldwide, 111 C-130Js and J-30s have been ordered. Current customers include the Air National Guard, Air Force Reserve
Command, U.S. Coast Guard, U.S. Marine Corps, Royal Air Force, Royal Australian Air Force, Italian Air Force, and the Royal
Danish Air Force.

Lockheed Martin Aeronautics Company is a leader in the design, development, systems integration, production, and support of
advanced military aircraft and related technologies. Its customers include the military services of the United States and allied
countries throughout the world. Products include the F-16, F-22, C-130J, F-117, U-2, and Joint Strike Fighter, among other
renowned aircraft.

LM Aeronautics is a unit of Lockheed Martin Corporation (NYSE: LMT - news). Headquartered in Bethesda, Md., Lockheed
Martin is a global enterprise principally engaged in the research, design, development, manufacture, and integration of
advanced-technology systems, products, and services. The corporation`s core businesses are systems integration, space,
aeronautics, and technology services.

SOURCE: Lockheed Martin Aeronautics Company

[Gatsby2]

Ja, ja, ja - und jetzt noch die Zustimmung des Defense Acquisiton Board ...

Diesen Satz mag ich gern besonders hervorheben, denn er koennte was mit den Exportchancen zu tun haben:

``The RCS characteristics of the F-22 are some of the most advanced in the world,`` said Jabour. ``Combine this stealth capability
with the F-22`s first look, first shot, first kill capability and you have the premiere fighter aircraft in the world for the next 20 years.

Israel will die Maschine auf jeden Fall haben, aber die bekommen sie ja auch vom Pentagon bezahlt ...



Monday February 5, 1:38 pm Eastern Time

Press Release

SOURCE: United States Air Force

Air Force`s F-22 Program Clears Way for Production Decision

WRIGHT-PATTERSON AFB, Ohio, Feb. 5 /PRNewswire/ -- Air Force officials today announced the completion of the final
two requirements -- first flight of Raptor 4006 and initiating radar cross section testing -- which clear the way for an F-22
production decision.

Raptor 4006 flew for 72 minutes today from Lockheed Martin Aeronautics Company facilities in Marietta, Ga. Lockheed Martin
test pilot Al Norman was at the controls. Raptor 4006 will undergo additional flight-testing at Marietta before joining the F-22
program`s flight test fleet at Edwards AFB, Calif., later this month.

``I had every confidence today`s flight would be successful,`` said Brig. Gen. Jay Jabour, F-22 System Program Director. ``A
carbon copy of Raptor 4004, it posed no technical challenges, but it is great to have this achievement behind us.``

The other requirement, initiation of radar cross section (RCS) testing, which validates the aircraft`s ``stealthiness``, was satisfied in
the last few weeks. The actual date of the test is classified.

``The RCS characteristics of the F-22 are some of the most advanced in the world,`` said Jabour. ``Combine this stealth capability
with the F-22`s first look, first shot, first kill capability and you have the premiere fighter aircraft in the world for the next 20 years.

The F-22 will guarantee U.S. and friendly forces control of the skies over the battlefield well into the 21st century. This unequalled
air supremacy will reduce the risk to American and friendly forces on land, in the air, and over water in all types of conflicts. The
revolutionary fighter will open the way for the follow-on joint forces to fight under more favorable conditions leading to lower
American and allied casualties, the general added.

An F-22 was previously checked for its degree of stealth on the ground during the RCS turntable measurement at the Marietta
facilities. The aircraft was then flown and checked aerodynamically. The test flight dynamic results can now be compared to the
turntable results to gain confidence in the manufacturing methods that produce stealth capabilities.

The F-22 program is pioneering an effort to use the ground based RCS testing versus flight testing the radar cross-section. The
data collected from RCS test initiation flight, compiled with earlier data, will aid in proving the acceptability of ground based tests,
potentially saving more than $400 million during the life of the F-22 program, Jabour said.

The F-22 program is managed by the F-22 System Program Office, Aeronautical Systems Center, Wright-Patterson AFB, Ohio.

The Boeing Company (NYSE: BA - news), Seattle, Wash., and Pratt & Whitney, Hartford, Conn. have also teamed with the Air
Force and Lockheed Martin (NYSE: LMT - news) to develop and produce the revolutionary F-22, which is slated to be
operational in late 2005.

SOURCE: United States Air Force

[Gatsby2]

Ein Schiffchen, ein Schiffchen ... ein Schiffchen fuer die Uni Hawaii.

Allerdings mit interessanter Technologie ...

SOURCE: Lockheed Martin Naval Electronics & Surveillance Systems

Keel to be Laid for AGOR 26, U.S. Navy`s First Swath Oceanographic Research Ship

BALTIMORE, Feb. 5 /PRNewswire/ -- Lockheed Martin (NYSE: LMT - news) Marine Systems of Baltimore, MD, Atlantic Marine of Jacksonville, FL, and
Guido Perla & Associates, Inc. of Seattle, WA, today announced that the keel for the Navy`s newest auxiliary oceanographic research vessel will be laid on
February 9. The keel-laying ceremony will take place at Atlantic Marine`s shipyard in Jacksonville and will begin at 12:30 p.m.

The vessel will be named R/V KILO MOANA and will be designated AGOR 26. The ship incorporates small-waterplane-area, twin-hull (SWATH) technology
developed by Lockheed Martin. The ship is unique because it has two submerged lower hulls connected by thin struts to the superstructure. Compared to a
conventional monohull or catamaran, SWATH design offers a much more comfortable ride, a substantial working deck area, and stable efficient operations in rough
seas. The ship, weighing over 2500 tons, will be 182 feet long with an 88-foot beam.

The AGOR 26 is being built for the U.S. Navy and will be operated by the University of Hawaii for general-purpose oceanographic research. Lockheed Martin
Marine Systems in Baltimore is the prime contractor. Atlantic Marine is the shipbuilder, and Guido Perla & Associates, Inc. is the naval architect.

The contract value is $45.3 million.

``The keel-laying rite marks a significant milestone because it initiates actual ship construction from certified drawings,`` said Dale Bennett, vice president and general
manager of Lockheed Martin Marine Systems. ``AGOR 26 is the first ship to be acquired using the government`s new streamlined acquisition process. The program
combines Atlantic Marine`s reputation for quality and on-time delivery using commercial shipyard practices with Lockheed Martin`s innovative hull design, integration
capability and experience in government contracting.``

Lockheed Martin (NYSE: LMT - news) Marine Systems is part of Lockheed Martin Naval Electronics and Surveillance Systems (NE&SS) which provides surface
ship and submarine combat systems, antisubmarine warfare and ocean surveillance systems, missile launching systems, radar and sensor systems, ships systems
integration services and other advanced systems and services to customers worldwide. Both Lockheed Martin Marine Systems and NE&SS are units of Lockheed
Martin Corporation. Headquartered in Bethesda, Maryland, Lockheed Martin is a global enterprise principally engaged in the research, design, development,
manufacture and integration of advanced-technology systems, products and services. The company`s core businesses are systems integration, space, aeronautics and
technology services.

Atlantic Marine, Inc. and its sister company, Atlantic Dry Dock Corp., have served both commercial and military customers for over 35 years. They have the
capability to build vessels up to 4000 tons. Atlantic Marine has built well over 200 vessels, including numerous scientific research vessels, casino/dinner vessels,
cruise ships and passenger ferries.


For additional information on Lockheed Martin Corporation, visit the Web site:

www.lockheedmartin.com

For information on Guido Perla Associates and Atlantic Marine, visit:
www.gpai.com

www.atlanticmarine.com

SOURCE: Lockheed Martin Naval Electronics & Surveillance Systems

[Gatsby2]

Joint Venture mit Kanada fuer einen Auftrag im Wert von mindestens $2.8 Mrd. Eigentlich eine interessante Nachricht, die mich allerdings ein wenig verwirrt: Lockheed baut naemlich gar keine Hubschrauber. Mithin stellt sich die Frage, in welchen Airframe das ganze denn eingebaut werden soll?? Bombardier? Sikorsky? ...

Tuesday February 6, 8:29 am Eastern Time

Press Release

Northstar/Lockheed Martin Canada Sign MOU for Pursuit of $2.8 Billion Defense Program

VANCOUVER, Canada--(BUSINESS WIRE)--Feb. 6, 2001--Northstar Electronics Inc. (OTCBB:NEIK - news) today announced that Northstar Network Ltd.,
its subsidiary for the defense and aerospace sectors, signed a Memorandum of Understanding with Lockheed Martin Canada, a unit of Lockheed Martin Corp.
(NYSE:LMT - news), for the pursuit of the Canadian federal government`s $2.8 billion Maritime Helicopter Program.

Northstar Network is a unique organization aimed at carrying out national and international electronic and software contracts. One of its primary strengths derives
from its affiliate program. Currently 15 high technology companies and research, development and training institutions are Northstar Network affiliates. Their
combined expertise covers a wide range of technology capabilities including fiber optics, microelectronics design, advanced electronic manufacturing,
electromechanical design, software development and systems integration. More than 1,500 professional and support personnel are in the network.

``We are pleased to be able to add the Northstar Network to our all-Canadian team,`` said Dan Spoor, president and chief executive officer of Lockheed Martin
Canada. ``The member companies of Northstar Network provide us with a tremendous pool of talent that we believe will complement our efforts. I believe that this
arrangement has potential to extend beyond this program, and we look forward to exploring other opportunities where there might be synergy.``

The Canadian federal government announced its intention to purchase 28 maritime helicopters to replace the aging fleet of Sea Kings in August 2000. The
procurement of the fleet is being conducted through two separate competitions in which the basic vehicle will be selected by 2001 and a mission systems integrator
by late 2002. Delivery of the first fully integrated mission-ready helicopter is scheduled for late 2005.

Rear Admiral (Ret`d) Ken Summers, president of Northstar Network, stated, ``We are delighted that Northstar Network is a member of the Lockheed Martin
Canada team. We are excited about the MHP project and also about working with Lockheed Martin on other major defense contracts.``

Dr. Wilson Russell, CEO of Northstar Electronics, added ``This MOU is a huge step towards achieving our overall growth objectives for Northstar Electronics over
the next few years.``

About Lockheed Martin

Lockheed Martin is the world leader in maritime mission systems integration having delivered more than 300 helicopters to countries throughout the world. As prime
contractor for both the United Kingdom`s fleet of Merlin helicopters and the U.S. Navy`s SH-60R, Lockheed Martin has demonstrated its ability to deliver
state-of-the-art mission systems that meet the needs of maritime aviation.

About Northstar Electronics Inc.

Northstar Electronics Inc. is the parent company of both Northstar Network Ltd. and Northstar Technical Inc., which develops wireless communications systems for
underwater applications. Northstar Technical also is currently manufacturing submarine control consoles under contract to Lockheed Martin in Manassas, Va.

Note: Included in this release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended, and is subject to the safe harbour created by those sections. Although the company believes the expectations
reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations reflected in such forward-looking statements will prove
correct. The company`s actual results could differ materially from those anticipated in the forward-looking statements as a result of certain internal and external
factors.

Contact:

Magnum Financial Group
Kari Rundquist, 213/488-0443

[Gatsby2]

Aaaah YESSS - welcome to Germany, Mr. LMT!! Looking forward to a fruitful exchange of news and views.



Tuesday February 6, 6:15 pm Eastern Time

Wide review must precede new-arms decisions - U.S.

By Jim Wolf

WASHINGTON, Feb 6 (Reuters) - U.S. decisions on funding billions of dollars in new ships,
tanks and warplanes must await completion of a wide-ranging review by the new
administration, the Defense Department said on Tuesday.

``If you are talking about making a decision on a major acquisition program, you must complete your vision of where you`re going
in the early 21st century before you make decisions on the tools that we will buy to get you there,`` said Rear Adm. Craig Quigley,
a Pentagon spokesman.

The Pentagon`s new spending plans are eagerly awaited by the top five U.S. defense contractors -- Lockheed Martin Corp.
(NYSE:LMT - news), Boeing Co. (NYSE:BA - news), Raytheon Corp. (NYSE:RTNa - news), General Dynamics Corp.
(NYSE:GD - news) and Northrop Grumman Corp. (NYSE:NOC - news) -- and others.

Defense Secretary Donald Rumsfeld said over the weekend that the Pentagon review could take three months or more.

It will cover everything from weapons programs to building a shield against ballistic missiles and quality-of-life issues for U.S.
troops, he told reporters en route to an international security meeting in Munich.

Immediately affected by the delay is Lockheed Martin`s radar-evading F-22 warplane, planned replacement for the F-15 as the
world`s most powerful air-superiority fighter and the Air Force`s top new weapons priority.

LAST TWO STEPS FINISHED

On Monday, Air Force officials announced completion of the final two congressionally mandated requirements for a production
decision, the first flight of the sixth test model and the start of radar cross-section testing.

Air Force officials had said privately that a panel known as a Defense Acquisition Board might meet as early as this week to
authorize production of the first 10 F-22s at a cost of about $2.1 billion.

But Quigley said that even without the new review, the Pentagon could not make an immediate decision because of testing
follow-up work. Each F-22 would cost as much as $189 million, including research and development.

Rumsfeld did not say whether F-22 production could start before the overall defense review was wrapped up, but ``I would be
hard pressed to see how you could do that,`` the spokesman said.

Defense analysts expect President George W. Bush to seek sizable increases in the Pentagon budget for weapons purchases in
coming years to replace aging systems, though he has said he will, in effect, ask for no new money for defense in his fiscal 2002
budget request, to be sent to Congress later this month.

``This administration`s basic inclination is to increase defense spending,`` said Loren Thompson of the Lexington Institute, a
nonpartisan research group in Arlington, Virginia.

``The more they`re going to ask for the more analysis they have to do first,`` he said.

GOAL OF CUTTING COSTS

The Air Force said on Tuesday that it was seeking to trim $2 billion in projected costs to be able to afford 339 F-22s with $37.6
billion earmarked by Congress for the purchase.

To avoid scaling back the 339 and thereby boosting the unit cost, the service said it was setting up a $475 million pool to help fund
cost-cutting innovations by F-22 suppliers and vendors over five years.

Funding for the incentives would come partly from slowing the purchases in initial years, Darleen Druyun, the Air Force`s principal
deputy assistant secretary for acquisition, told reporters after rolling out a ``war on costs`` at a Baltimore conference with F-22
subcontractors.

Instead of buying 50 units in the initial low-rate production years, the service would buy 45 without changing the targeted initial
operation date of late 2005, an Air Force official familiar with the program said.

Christopher Mecray, an aerospace analyst at Deutsche Banc Alex. Brown Inc. in New York, said the defense review did not
mean that major programs would be put on hold.

``It just means that people who had hoped for a sudden infusion of cash for the Pentagon are going to have wait a while,`` he said.

[Gatsby2]

Endlich `mal Geschaeft in Deutschland. DFS akzeptiert Kollisionswarnsystem fuer Duesseldorf.



Wednesday February 7, 11:35 am Eastern Time

Press Release

SOURCE: Lockheed Martin Air Traffic Management

Aviation Authority in Germany Accepts Lockheed Martin System

ROCKVILLE, Md., Feb. 7 /PRNewswire/ -- Lockheed Martin Air Traffic Management, a business unit of Lockheed Martin Corporation (NYSE: LMT - news),
announced today that the Short Term Conflict Alert System (STCA) it developed for the Dusseldorf Control Center was accepted by the Deutsche Flugsicherung
(DFS), the German civil aviation authority.

The Dusseldorf system is the most recent of six STCA systems accepted by the DFS under existing contracts. Two systems are already operational at the Frankfurt
Control Center. The systems at the DFS facilities installed in Bremen, Munich and Langen have also been fully accepted. Lockheed Martin`s STCA system is an
automated ``safety net`` for keeping aircraft safely separated within crowded controlled airspace. It predicts potential conflicts between aircraft and provides an
advanced warning alert to air traffic controllers, which allows them to prevent potential conflicts.

The STCA system for the Dusseldorf site was accepted ahead of schedule in October 2000. Currently, new software enhancements are undergoing site acceptance
tests, scheduled to be completed by the end of the first quarter. The DFS awarded the contract to Lockheed Martin in August 1999.

Peter Waldinger, Managing Director, Operational Systems, DFS commended Lockheed Martin for its ``outstanding performance and cooperation exhibited during
the implementation of the new DFS Short Term Conflict Alert programme.`` Waldinger`s comments about Lockheed Martin`s efforts on STCA were part of a letter,
nominating the company for the prestigious Air Traffic Control Association (ATCA) Industrial Award for 2000. Lockheed Martin received the award at the ATCA
annual convention, held in October, for the third time in four years, an unprecedented record.

Lockheed Martin STCA systems were installed in eleven other centers in Germany under a previous contract. They have been successfully performing aircraft
conflict detection and avoidance since 1994. The STCA systems are based on the company`s SkyLine family of air traffic control applications. Other Lockheed
Martin Skyline systems are being installed in Scotland, Korea, the People`s Republic of China, and Argentina.

Lockheed Martin Air Traffic Management, a leader in airspace management solutions, employs approximately 1,300 people at major facilities in Rockville,
Maryland, Atlantic City, New Jersey, Eagan, Minnesota, and Southampton, England.

Headquartered in Bethesda, Maryland, Lockheed Martin is a global enterprise principally engaged in the research, design, development, manufacture and integration
of advanced technology systems, products and services. The Corporation`s core businesses are systems integration, space, aeronautics and technology services.

SOURCE: Lockheed Martin Air Traffic Management

[Shearer]

Hi Gatsby,

ein Klasse Thread, den ich zwar erst seit einigen Tagen kenne, aber soviele Informationen zusammenzutragen fast ohne Rückmeldung aus dem Board verdient großen Respekt... Eigentlich solltest du mit Lockheed in Verhandlung als Investor-Relation Manager EMEA (Europe, Middle East and Asia) treten
Seitdem George Bush Jr. in Washington das sagen hat, bin ich Rüstungsaktien wieder ganz positiv eingestellt, im Endeffekt zählt doch nur die Rendite und die ist in kleinen Scharmützeln gegen die Schurkenstaaten bestimmt nicht so schlecht

Also vielen Dank... und weiter so...
wenn ich wieder zu etwas mehr Cash komme ist Lockheed ein Kandidat

Bye SHEARER

[Gatsby2]

Thursday February 8, 9:50 am Eastern Time

Press Release

SOURCE: Lockheed Martin Management & Data Systems

Lockheed Martin Awarded $60 Million Contract from US Navy to Enhance The Tactical Tomahawk Weapons Control System

KING OF PRUSSIA, Pa., Feb. 8 /PRNewswire/ -- Lockheed Martin Management & Data Systems (M&DS), has been awarded a $60.2M modification to its
Tactical Tomahawk Weapons Control System (TTWCS) development contract with the US Navy.

The modification implements an enhancement to TTWCS by integrating the Naval Fires Control System and a new capability to control the launch of Land Attack
Missiles within the TTWCS hardware and software architecture. The new system is called TLN to represent the three integrated capabilities, Tactical Tomahawk
Weapons Control System/Land Attack Missile Fire Control System/Naval Fires Control System.

As the implementation of the first phase of the Navy`s Common Land Attack Warfare vision, the TLN will be capable of supporting any future land attack missiles
within one integrated system operated via common operator positions. Initially, TLN will provide: engagement and launch platform mission planning and launch
control for the family of Tomahawk missiles; mission planning and launch control of the Land Attack Standard Missile (LASM); and mission planning for the
conventional five-inch gun weaponry for present and future rounds, including the Extended Range Guided Munition (ERGM). The Initial Operating Capability (IOC)
schedule for TTWCS is 2003 and for TLN is 2004.

``We look forward to continuing our partnership with the US Navy. Our system integration capabilities clearly match the challenges of this program. Ensuring their
success, meeting our commitments and delivering a quality system is our goal,`` said Marc Hansen, president, Lockheed Martin M&DS.

Teamed with M&DS in the development of TLN are Lockheed Martin Naval Electronics & Surveillance Systems - Moorestown, NJ, Lockheed Martin Technology
Services - Cherry Hill, NJ, the Naval Surface Weapons Center Dahlgren Division, General Dynamics Information Systems, Litton Data Systems, DELEX and BAE
Systems.

Management & Data Systems (http://mds.external.lmco.com), headquartered in King of Prussia, Pa., has been a leader in systems integration, systems engineering,
software development and program management in support of vital national systems for more than 30 years. With approximately 7,500 employees at facilities in
Pennsylvania, Colorado, Arizona, California and Washington Metropolitan area, M&DS is a unit of Lockheed Martin Corporation.

Headquartered in Bethesda, Maryland, Lockheed Martin (www.lockheedmartin.com) is a global enterprise principally engaged in the research, design, development,
manufacture and integration of advanced- technology systems, products and services. The Corporation`s core businesses are systems integration, space, aeronautics,
and technology.

SOURCE: Lockheed Martin Management & Data Systems

[Gatsby2]

Re: Shearer

Vielen Dank fuer die freundlichen Worte - hab ich gern gelesen!

Ueber die Idee mit dem Werbemanagement bei Lockheed Martin habe ich auch schonmal nachgedacht, aber das war ja nicht der Zweck des Threads.

Vielmehr hatte ich nach der Wahl von G.W.B. und der Kursentwicklung im vergangenen Jahr eigentlich erwartet, dass es in Deutschland mehr Interesse an U.S.Ruestungswerten gaebe. Sowohl mit LMT, als auch mit RTNb waren mehr als 100% drin, und auch GD, NOC und BA haben schoene Gewinne abgeworfen. Nur UTX war etwas enttaeuschend, und bei LOR klemmt`s wegen der leidigen Geschichte mit GSTRF. Spaetestens nachdem mir meine Schwester von Ihren Erfahrungen mit dem Anlageberater von "So-und-so"-Private Banking berichtete, war aber klar, dass die gesamte Branche in Deutschland nahezu unbekannt ist. Nach der dritten Befragung erklaerte der `Berater` ueber LMT: "Nein, nein, das lassen Sie mal besser. Das ist doch eine Zockeraktie." Eine recht gewagte Aussage ueber den zweitgroessten Ruestungs-, Flugzeug- und Satellitenhersteller der Welt ...

Natuerlich bin ich ueber die Resonanz auch ein wenig enttaeuscht, aber vielleicht liegt es ja auch schlicht daran, dass so viele posts in englischer Sprache geschrieben sind. Bloss: deutschsprachige sites haben leider nichts ueber diese Unternehmen.

Was soll`s - Klasse, statt Masse! ... so aehnlich, wie Dein Motorola-Thread Thread: Motorola - Können wir uns endlich erholen ?! - klein, aber fein.

Bye Gatsby

[Gatsby2]

Ein weiterer kleiner Schritt fuer die NATO-Osterweiterung. Ungarn interessiert sich fuer gebrauchte F-16 im Wert von $ 550 Mio ...



Friday February 9, 10:44 am Eastern Time

Hungary picks used F-16 fighters for NATO upgrade

(UPDATE: Adds Swedish counter-offer, background)

BUDAPEST, Feb 9 (Reuters) - Hungary`s national security cabinet said on Friday it was recommending the government buy 24 used U.S. F-16 jet fighters to
upgrade its air force to NATO standards.

Sweden responded immediately by offering to lend 24 Gripen combat aircraft to Hungary for free.

Hungarian Defence Minister Janos Szabo told a news conference said the deal for the F-16s, built by Lockheed Martin (NYSE:LMT - news), was worth some
$550, adding that negotiations would begin in the United States next week.

Szabo said NATO-member Hungary`s fleet of Soviet-era MiG-29 fighters would operate for another three years and would then be phased out starting in mid-2004.

Sweden and the United Kingdom earlier backed a proposal by aerospace groups Saab and BAe Systems Plc to sell Gripen fighters, supported by a finance and
industrial cooperation package.

Swedish Ambassador to Hungary Staffan Carlsson told a news conference just two hours after Szabo announced the cabinet`s proposal that Sweden had changed its
original offer since Hungary now appeared to prefer used aircraft.

He said Sweden, which is not a NATO member, would make available 24 Gripen fighters now in operational use in its air force for several years, free of charge. The
only cost to Hungary would be minor refurbishment of the planes so they fully meet NATO requirements.

The loan deal would not be conditional on Hungary eventually buying Gripens, he said.

The F-16s are from a so-called ``boneyard`` stock of aircraft that have been flown by the U.S. air national guard and have been placed in mothball storage in the
desert.

The planes are completely rebuilt before delivery, and come with packages for spare parts, pilot training and weapons outfitting, according to the needs of the buyer.

A government decision on approving the cabinet`s proposal would end a long-running competition among rival aircraft makers and refurbishers for the business of
upgrading the fighter fleet of one of the recent NATO entrants from Eastern Europe.

The previous, Socialist government which left office almost three years ago had been on the verge of placing an order which could have been worth upwards of $1
billion, but shelved the plan at the last moment.

Since then, there have been highly competitive proposals from various aircraft makers to bring the costs down.

Earlier offers to Hungary included a Russian-German proposal to upgrade the MiG-29s.

That proposal, advanced by DaimlerChrysler Aerospace (DASA) and Russia`s MiG-MAPO, has been valued at 20 billion forints ($68.6 million).

(Additional reporting by Sandor Peto.)

[Gatsby2]

Die von der neuen Administration angekuendigte Revision aller neuen Ruestungsprogramme sorgt in der gesamten Branche fuer einige Aufregung. Die Washington Post versucht mit einem Hintergrundbericht ein wenig Licht in das Dickicht aus Geruechten und Spekulationen zu bringen.

http://www.washingtonpost.com/wp-dyn/articles/A46423-2001Feb…

[Micky_Maus]

Hy Gatsby!

Wie nun auch schon von anderer Seite bemerkt, sind deine Info`s phänomenal, wenngleich auch schwer verdaulich (dieses Businessenglisch ).
Wie es aussieht, hat LMT nun auch RTN abgehängt, aber noch ist nichts verloren. Es wird für mich immer schwieriger, aber nach einigem Suchen habe ich doch noch etwas gefunden, um dir Wasser in den Wein zu schütten:

Merrill Lynch sieht Lockheed Martin neutral
Man habe nach Bekanntgabe der Ergebnisse des 4. Quartals nur wenig Grund zur Aufregung gefunden. Der Cash-Flow für 2001 werde durch Steuerzahlungen und Investitionen bei Global Tel. beeinträchtigt. Daher sei man weitgehend im Rahmen der Erwartungen. Die Entscheidung für das Verteidigungsprogramm könnte allenfalls eine Anhebung der Prognosen für 2004 und 2005 rechtfertigen.
Folglich sollte man den Gewinn von 38cent/share, der nur knapp über den Erwartungen lag, nicht überbewerten. Aufgrund sinkender Steuerausgaben und niedrigerer Netto-Zinsausgaben ergibt sich eine Anpassung der Gewinnschätzungen. Für 2001 & 02 sieht man 1,40$ bzw. 1,65$/share. Langfristig sei LMT allerdings noch ein Kauf.

Quelle: Onvista, vom 26.1.01

Schönes Weekend

Gruß Micky

[Gatsby2]

Hi Micky,

leider muss ich Dich schon wieder quaelen. Nicht nur mit Business, sondern obendrein mit dem Inhalt der Nachricht. Zur Beruhigung: die Anal-yse ist von Barron`s, die - wie wir alle seit der laecherlichen "Todesliste" wissen - ihr Geld mit Panikmache verdienen.


Barron`s: Shakeout in defense stocks

By CBS.MarketWatch.com
Last Update: 2:27 PM ET Feb 10, 2001

WASHINGTON (CBS.MW) -- Shares of big defense company stocks
witnessed considerable gains last year, mostly on the expectation that
President Bush & Co. would occupy the White House and increase
spending on defense programs.

In particular, the stocks of Boeing (BA: news, msgs) , General Dynamics
(GD: news, msgs) , Lockheed Martin (LMT: news, msgs) , Northrop
Grumman (NOC: news, msgs) and Raytheon (RTNA: news, msgs) on
average jumped 46 percent in 2000, vs. a 10 percent drop in the S&P 500
Index.

But Wall Street can no longer simply bet on the defense industry`s Big 5
prime contractors, Barron`s reports.

A wide-sweeping review of the nation`s defense weapon programs by the
White House and defense secretary Donald Rumsfeld could benefit some
Big 5 defense companies more than others.

That said, the Barron`s report suggested that investors ought to seek out
smaller defense companies that make high-tech related weapon gadgetry
such as sensors, radars, satellites, secure communications and precision
weaponry, the report said.

TRW (TRW: news, msgs) , which makes laser guns that can be mounted
on trucks and used to shoot down rockets, and Alliant Techsystems (ATK:
news, msgs) , the leading U.S. supplier of ammunition, were two stocks
mentioned in the news article.

An upgrade of the Pentagon`s computer systems would also benefit EDS
(EDS: news, msgs) and Cisco Systems (CSCO: news, msgs) , the report
added.

[Micky_Maus]

Schön, dass auch Raytheon auf der Liste steht. Die Rüstungswerte steigen nur langsam und unspektakulär, dafür aber stetig und ohne große Rückschläge.
Bei Cisco hätte ich aber so meine Zweifel: auf der einen Seite sind Kurse unter 30$ zwar verlockend, galt die Aktie doch schon immer als BlueChip mit ansehnlichem KGV. Andererseits sind 30% Wachstum nicht zu halten, allein schon deshalb, weil Cisco kein kleines flexibles Unternehmen mehr ist.
Wenn auch die DELL-Zahlen enttäuschen, dann gute Nacht! Dann wird auch mein Yahoo-Gewinn wieder dahingeschmolzen sein.
Die Hightechs werden wieder kommen, doch die Frage ist, wann?! Erst dann, wenn die letzten entnervt aufgeben, und auf Goodyear, Philip Morris oder Lockheed Martin setzen, ist die Wende nahe.

MfG, Micky

[Gatsby2]

Zu Cisco bin ich mit Dir einer Meinung, aber was den Gesamtmarkt betrifft bin ich verhalten optimistisch. Anfang des Jahres haben die Leute wie bloed Bonds gekauft, so dass dort die Margen schon heftig unter Druck sind. Platin und Palladium sind auch schon gelaufen, und an Gold will offenbar keiner so richtig ran. Im uebrigen sind die Aktienboersen zu Beginn einer Rezession (falls davon ueberhaupt die Rede sein kann) am schwaechsten. Ebendieser Beginn war aber durch schrumpfende Umsaetze und Gewinne schon Anfang letzten Jahres spuerbar. Nachdem selbst Greenspan mittlerweile von Nullwachstum spricht und die Leitzinsen entsprechend korrigiert hat, muesste der Markt sich in den naechsten Wochen eigentlich wieder stabilisieren.

Mir fiel uebrigens auf, dass Du mittlerweile auch in Zuckerbaeckerei machst Thread: Hmmm...... KRISPY KREME DOUGHNATS. Ehrlich gesagt find ich diese super-suessen Klebedinger ziemlich eklig, aber in den U.S.A. scheint das Zeug ja zu laufen. ... Wie waer`s denn mit dem Kaffee zum Kuchen: Starbucks (NasdaqNM:SBUX) ist in den letzten Jahren in Amerika enorm gewachsen, und in Asien sind sie geradezu der Renner ...

Auch zu Lockheed gab es natuerlich noch Nachrichten. Die haben in einem als sensationell eingestuften Flug ihren Prototypen X-35C quer ueber den Kontinent von Edwards AFB ueber Fort Worth nach Patuxent River zu den naechsten Tests geflogen.



Saturday February 10, 6:19 pm Eastern Time

Press Release

SOURCE: Lockheed Martin Aeronautics Company

Lockheed Martin`s Navy JSF Flies 2,500 Miles To Patuxent River for Carrier-Suitability Testing

PATUXENT RIVER, Md., Feb. 10 /PRNewswire/ -- The Lockheed Martin (NYSE: LMT - news) Joint Strike Fighter (JSF)
X-35C touched down at Patuxent River Naval Air Station in Maryland on Feb. 10, completing the first-ever transcontinental flight
of a JSF demonstrator aircraft and initiating a series of flight tests that will demonstrate carrier suitability in sea-level conditions.
(Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20010210/HSSA008 )

``We are happy to be back at Patuxent River, testing carrier aircraft with the Navy. We strongly believe that sea-level testing is
necessary to give us a true picture of the X-35C`s carrier suitability,`` said Tom Burbage, executive vice president and general
manager of the Lockheed Martin JSF program, and a former Navy carrier pilot. ``Our JSF teammate Northrop Grumman has long
been a fixture here, and we`re eager to show how our companies` combined technologies, along with those of Royal Navy aviation
veteran BAE SYSTEMS, will meet the unique challenges of carrier-suitable, stealthy strike fighters.``

The supersonic JSF X-35C carrier variant (CV), designed to meet United States Navy requirements, arrived at the Navy base
after a cross-country flight that began at Edwards Air Force Base, Calif.

``Flying any single-seat, single-engine airplane across the U.S. is no small accomplishment. Doing it in an `X` airplane that has been
flying for less than three months is tremendous. Congrats to the entire team,`` said U.S. Marine Corps Maj. Art Tomassetti, who
flew the plane on its second and final leg from Fort Worth, Tex., to Patuxent River. ``Some pilots dream of becoming test pilots,
most test pilots dream of flying X airplanes, and I guess X airplane pilots dream of doing something spectacular. Bringing the X-35
into my home base at Pax River after flying it across the country qualifies as spectacular in my book.``

Pilot Joe Sweeney, a former Navy carrier pilot who flew the X-35 on its first leg from Edwards Air Force Base to Fort Worth,
had high praise for the aircraft.

``The X-35C has made it cross-country to Patuxent River, a tremendous accomplishment for an X airplane and a testament to the
capabilities this team possesses,`` Sweeney said. ``The airplane we will be demonstrating at Pax River has superb carrier-approach
handling qualities and performance, and is highly representative of the airplane we hope to test here during the Engineering and
Manufacturing Development phase of the program. We are really looking forward to the Navy`s up-close look at it.``

The X-35C features a larger wing and control surfaces than the other JSF variants, and has an increased-capacity structure for
absorbing catapult launches and arrested landings. While those design elements optimize the aircraft for carrier suitability, it retains
a high degree of commonality with the other Lockheed Martin JSF variants.

``The X-35C is essentially identical to the Navy JSF we`re proposing for production. That means our flight-test program is giving
us data that applies directly to future production aircraft. Modeling and simulation were valuable in predicting our performance,
and the flights at altitude confirmed our predictions, but flight-testing a Navy airplane at sea level is the only way to know for sure
how the production vehicle will behave,`` said Harry Blot, vice president and deputy program manager of the Lockheed Martin
JSF.

Navy Capt. Ted Spilman, the government JSF Program Office`s program manager for the X-35, said, ``Today`s arrival of the
X-35C at Naval Air Station Patuxent River marks another key milestone for the Joint Strike Fighter program and the Department
of Defense. The first transcontinental flight of a JSF concept demonstration aircraft is a great accomplishment for Lockheed
Martin, their program partners Northrop Grumman and BAE SYSTEMS, and their numerous suppliers, as well as Pratt and
Whitney (the engine company). We look forward to seeing the results of the upcoming flight tests on this aircraft in its Naval role
at Patuxent River, as well as upcoming testing of the X-35B in its STOVL configuration. The arrival of the X-35C today is another
important step towards the fielding of the Joint Strike Fighter for our Air Force, Navy, Marine, allied and coalition warfighters.``

Since its first flight on Dec. 16, 2000, the X-35C has completed 40 flights and has spent just over 39 hours aloft.

Lockheed Martin`s U.S. Air Force JSF demonstrator, the X-35A conventional-takeoff-and-landing (CTOL) variant, successfully
completed its flight-test program on Nov. 22, 2000, logging 27 flights in 30 days and achieving the first JSF supersonic flight on
Nov. 21.

The X-35B short-takeoff-vertical-landing (STOVL) demonstrator will begin hover-pit testing in February. Designed to meet U.S.
Marine Corps and British Royal Air Force/Royal Navy requirements, the X-35B features a unique shaft-driven lift fan that
amplifies engine thrust and reduces exhaust temperature and velocity during STOVL flight operations.

The single-seat, single-engine JSF will be a stealthy and highly advanced replacement for an aging fleet of U.S. and United
Kingdom warplanes, including the A-10, F-16, F/A-18 and Harrier. The JSF`s projected per-unit cost -- about $31 million -- is less
than that of most current-generation non-stealth fighters.

Lockheed Martin, in partnership with Northrop Grumman and BAE SYSTEMS, is competing to build the JSF for the United States
and United Kingdom. Government selection of a single contractor for the Engineering and Manufacturing Development phase is
set for fall 2001.

For corresponding photos, visit: http://www.lmaeronautics.com/image_gallery/pr_photos/jsfpr_p…l

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

For information on Lockheed Martin Aeronautics Company, visit: http://www.lmaeronautics.com

For government information on the Joint Strike Fighter program, visit: http://www.jast.mil

SOURCE: Lockheed Martin Aeronautics Company

[Micky_Maus]

@Gatsby

Was die Hightechs betrifft, sind viele immer noch zu euphorisch und glauben, nach einer Delle die alten Hochs wiederzusehen. Ich glaube, da wird viel Geduld nötig sein. Meine Positionen sehe ich auch über Jahre und deshalb bin ich bei Yahoo letzte Woche auch nicht schon wieder ausgestiegen.
Z.B. empfiehlt Gottfried Heller, Experte von Fidukainvest und Kostolany-Freund, immer noch Lucent Technology. Bereits als LU unter 50$ fiel, bließ er auf n-tv zum Einstieg. Wer ihm folgte, hat seither viel Geld verloren.

Krispy Kreme (NYSE: KREM) gehört zu den leckeren und soliden Werten, obwohl das Unternehmen an die Nasdaq will. Schnelle Gewinne sind damit freilich nicht zu machen. War aber nur eine Anregung von mir, bin selbst mangels Liquidität nicht investiert.
Kannst du dich noch an meinen Tommy Hilfiger- Thread erinnern? Die sind ebensogut gelaufen wie LMT letztes Jahr, bin aber leider zu früh wieder ausgestiegen. Hinterher ist man immer schlauer...

In Gold zu investieren, lohnt sich nicht. Eher schon eine Goldminenaktie wie Harmony Gold Mining(WKN: 864439), einer der solidesten Werte mit KGV von 4-5.

Erstaunlich bleibt das geringe Interesse an den Rüstungsaktien. Ist aber auch besser so, sonst wäre LMT & Co. schon längst mal durch die Decke gegangen und anschließend zum wilden Zock. Neben den von dir erwähnten TRW sind auch Rockwell nach wie vor ein gutes Investment.

Mal sehen, was die Woche bringt. Während du mit Lockheed Martin ruhig schlafen kannst, hängt das Wohl & Weh meines Depots weitgehend von den Dell-Zahlen ab. Beobachtest du eigentlich noch Loral Space oder hast du sie im Depot?

Good Trade
Micky

[Gatsby2]

X-35C Set For Mock Carrier Tests


By Robert Wall
12-Feb-2001 1:43 PM U.S. EST

Lockheed Martin`s X-35C Joint Strike Fighter prototype, specifically configured for U.S.
Navy requirements, flew to Naval Air Station Patuxent River, Md., over the weekend,
where the aircraft is slated to undergo mock aircraft carrier operations.


The aircraft arrived at Pax River on Saturday, more than a day after departing Edwards
AFB, Calif., where initial flight testing took place. The aircraft left Edwards on Friday at
12:28 p.m. (EST) and landed at Lockheed Martin`s Fort Worth, Tex. facility at 3:20 p.m.
where it overnighted. It took off again at 12:18 p.m. on Saturday, landing at Pax River at
3:14 p.m.


Company test pilot Joe Sweeney flew the first leg of the mission, while U.S. Marine Corps
Maj. Art Tomassetti handled the second leg. Each leg included five refuelings from a
KC-135. Not that many were needed, but test officials wanted to keep fuel levels high in
case the fighter needed to divert. Most of the mission was flown at 20,000 ft. or higher.


The X-35 will remain at Pax River through the end of the month and into early March and
conduct about 30 hours of flight testing, Rick Rezabek, X-35 program manager said in a
brief interview. The mission will include envelope expansion, although it mostly will focus
on slow-speed aircraft handling. Although Pax River has a catapult and arrestment facility,
they will not be used. To save money the aircraft was not built to withstand those high
loads.


However, flight operations will be monitored by a landing signal officer who controls
landings on an aircraft carrier. As part of the test series, approaches will be flown that are
not perfectly lined up with the landing area to determine how responsive the aircraft is in
making last-second adjustments.


One of the main features of the X-35C is a larger wingspan - 540 sq. ft. - and larger
control surfaces than the Air Force version, the X-35A, which has a 450-sq. ft. wing. The
additional surface is intended to allow the aircraft to achieve the low speed and control
needed for carrier landings. The aircraft has been landing at slightly more than 130 knots,
Rezabek said, which is slightly better than predicated.


Lockheed Martin officials also hope to gain additional information from conducting
operations at sea-level, rather than the approx. 2,500 ft. altitude at Edwards. Rezabek said
the Pax River environment should show with somewhat higher fidelity how responsive the
F119 engine at the higher air pressure.


The first flight of the naval aircraft took place on Dec. 16. Since, the aircraft has
completed 40 flights and 39 hours in the air.


At the same time, Lockheed Martin is slowly moving forward in its preparations to bring
the X-35B short take-off and vertical landing aircraft to flight. The company hopes to
initiate hover pit testing at the Palmdale, Calif., facility later this week.

[Gatsby2]

Lockheed kuendigt Kosteneinsparungen von $2.8 Mrd. fuer die naechsten drei Geschaeftsjahre an. Betroffen sein werden wohl vor allem die Bereich Satelliten und Traegerraketen.


February 14, 2001

Lockheed Martin Plans More Cuts As Commercial-Space Business Flags

By Anne Marie Squeo
Staff Reporter of The Wall Street Journal

Lockheed Martin Corp., as part of the second phase of its
financial revamping, plans to wring out an additional $2.8 billion of
costs by the end of 2003 from its sprawling aerospace and
defense operations, company officials said.

Lockheed has struggled during the past 18 months to rein in costs
and overcome problems on several key military programs. Top
Lockheed executives also said they are looking for ways to
further reduce the company`s financial exposure to a
commercial-space business that hasn`t yielded the kind of returns
initially expected.

"Lockheed`s growth opportunities are not going to be in space,"
said Robert Stevens, the company`s president and chief operating
officer. Though Lockheed has reduced costs in its space
operations by consolidating manufacturing sites in Denver and
selling off real estate, the flagging commercial market for
satellites and their services remains one of the company`s biggest
risks.

Last year, Lockheed slashed $1.2 billion of costs by enforcing
lean-management techniques throughout the company and by
reducing debt and, in turn, interest payments, company officials
said. "We`re looking at every process in the same way to find the
minimum-cost solution," Lockheed Chairman Vance Coffman
said. At the end of 2000, the company had long-term debt of
about $10 billion.

The Bethesda, Md., company`s exposure to the softening
commercial-satellite market hits several of its units. Lockheed
makes both satellites and the rockets that launch them. It also
offers satellite-related services through its Lockheed Martin
Global Telecommunications unit. An initial public offering of
shares in this business, which includes the assets of Comsat
Corp. acquired by Lockheed last year, has been indefinitely
postponed due to poor stock-market conditions, officials said.

Senior Lockheed officials declined to say specifically how they
will remedy the issues facing their space operations, but analysts
have said that too much satellite- and rocket-manufacturing
capacity probably will lead to further industry consolidation.
Seattle`s Boeing Co., which also makes satellites and rockets,
acquired the satellite-making assets of Hughes Electronics Corp.
last year. New York`s Loral Space & Communications Ltd.,
under financial pressure related to its Globalstar
satellite-telephone unit, also makes satellites, as do several
European companies.

Beyond deciding what to do about the space business,
Lockheed`s strategy for the future would best be described as
"steady as she goes," Mr. Stevens said.

That message is quite different from the one Lockheed issued
just last year when it was struggling to overcome management
and financial issues that led to diminished earnings in 1999 and
2000. To resolve these problems, officials flattened the
company`s management hierarchy and divested itself of about $2
billion of assets as they pared debt. The company still plans to sell
its IMS division, a $700 million revenue business that provides
products and services to state and local governments, including
technology that helps them to snare drivers who run red lights.

For the year 2000, Lockheed had a net loss of $519 million, or
$1.29 a share, compared with net income of $382 million, or 99
cents a diluted share, a year earlier, largely resulting from
write-offs on the sale of its advanced-electronics unit to BAE
Systems PLC. Last month, executives said they expect
Lockheed to return to the black in 2001, with profit rising more
than previously anticipated.

[Gatsby2]

Bessere Nachrichten: die Tests fuer das Luftverkehrskontrollsystem in Korea laufen gut. Nach der erfolgreichen Implementierung des Fruehwarnsystems in Duesseldorf ist das binnen zwei Wochen die zweite gute Nachricht aus diesem Geschaeftsfeld.



Wednesday February 14, 2:47 pm Eastern Time

Press Release

SOURCE: Lockheed Martin Air Traffic Management

Lockheed Martin Meets Major Air Traffic Control System Milestone for Korean Area Control Center

ROCKVILLE, MD, Feb. 14 /PRNewswire/ -- Lockheed Martin Air Traffic Management, Samsung Data Systems (SDS) of
Seoul, Korea, and the Korea Area Control Center (KACC) successfully completed site acceptance tests of the new air traffic
management system installed in Inchon, Korea.

The new SkyLine system, developed by Lockheed Martin, is scheduled to enter operational service during the second quarter of
2001, following operational transition and training activities by KACC. It will control airspace in the Korean Flight Information
Region and will interface with other aviation automation systems in Korea. Working with prime contractor SDS, Lockheed Martin
Air Traffic Management provided its state-of-the-art SkyLine air traffic control system, customized for the Korean customer`s
unique requirements and integrated it with related systems in Korea and internationally. The new system is installed at the new
Inchon International Airport in Korea.

The extensive formal tests were conducted over a month-long period in October 2000 and exercised all aspects of the new
system, including live tests using KACC staff.

``This is a significant milestone for our team,`` said Jim Craig, vice president of International Programs at Lockheed Martin Air
Traffic Management. ``During the past two years, we have demonstrated the SkyLine system`s capabilities and open, extensible
architecture. We`ve been able to meet our customer`s requirements for a high function, state-of-the-art system very cost
effectively. The performance by the Lockheed Martin, Samsung, and KACC teams has been exceptional, this has been a great
project.``

The new Korea Area Control Center system includes proven radar data processing with multi-sensor tracking; state-of-the-art
flight data processing; human-computer interface tools that provide a rich set of graphical windows tailored to simplify controller
monitoring and tasks, and data preparation with a graphical adaptation tool.

Lockheed Martin Air Traffic Management, a business unit of Lockheed Martin Corporation (NYSE: LMT - news), employs
approximately 1,300 people at major facilities in Rockville, Maryland; Atlantic City, New Jersey; Eagan, Minnesota, and
Southampton, England.

Headquartered in Bethesda, Maryland, Lockheed Martin is a global enterprise principally engaged in the research, design,
development, manufacture and integration of advanced-technology systems, products and services. The Corporation`s core
businesses are systems integration, space, aeronautics and technology services.

SOURCE: Lockheed Martin Air Traffic Management

[Gatsby2]

... und diese Nachricht fand ich auch noch gut, denn die unscheinbare Anlage demonstriert die Kapazitaeten von satellitengestuetzter Breitbandkommunikation genau dort, wo sie ihre besten Maerkte finden kann: in Asien.

Kazakhstan: Internet data centre to open
BBC Monitoring Service - United Kingdom; Feb 14, 2001



Text of report in English by Russian news agency Interfax

Astana, 13 February: Kazakhtelekom, the Kazakh national telecommunication centre, and
Lockheed Martin Global Communications, a US company, have signed a contract under
which an Internet Data Centre, the first in the CIS, will open in Kazakhstan. Two terminals
will be installed for this purpose in Astana and Almaty in July 2001, Karim Masimov, the
country`s Transport and Roads Minister, told Interfax on Tuesday. He had been in the
United States for a working visit recently.

Source: Interfax news agency, Moscow, in English 1916 gmt 13 Feb 01

[Gatsby2]

Wednesday February 14, 6:26 pm Eastern Time

Press Release

SOURCE: Lockheed Martin Aeronautics Company

Lockheed Martin JSF Team Selects Wind-Tunnel Test Facilities for EMD Phase

FORT WORTH, Texas, Feb. 14 /PRNewswire/ -- The Lockheed Martin Joint Strike Fighter (JSF) team has selected its preferred windtunnel test facilities for the
program`s Engineering and Manufacturing Development (EMD) phase.

The chosen facilities include Arnold Engineering Development Center, Aircraft Research Association (United Kingdom), BAE SYSTEMS (U.K.), Bihrle Applied
Research, DNW (Netherlands), NASA Langley, NASA Ames, NASA Glenn and Veridian Engineering.

``Real-world test data is the backbone of our design process, and our comprehensive test program verifies the performance of our JSF family over the complete
flight envelope, from low-speed STOVL to supersonic up-and-away,`` said Harry Blot, vice president and deputy program manager of the Lockheed Martin JSF.
``We use simulation to the greatest extent possible, but we rely on wind-tunnel testing and actual flying to validate our design.``

Lockheed Martin made the selection following a comprehensive competitive, assessment of each facility`s qualifications to meet the requirements of the planned test
types. The team made best-value selections based on technical competency, affordability and availability for each test type. (Facility selections for two test types have
been delayed until the start of EMD.)

``Many of the final selection decisions were difficult because all of the competing facilities are world-class and highly qualified,`` said Mike Fox of Lockheed Martin
JSF Verification and Test. ``The nine selected U.S. government, commercial, and international facilities have scheduled the tests and are fully committed to
accomplishing the test plan.``

Integrated use of these partnering facilities, along with the Lockheed Martin JSF team wind tunnels, will provide a technically sound and cost- efficient testing
approach, Fox said.

The single-seat, single-engine JSF will be a stealthy and highly advanced replacement for an aging fleet of U.S. and United Kingdom warplanes, including the A-10,
F-16, F/A-18 and Harrier. The JSF`s projected per-unit cost -- about $31 million -- is less than that of most current-generation non-stealth fighters.

Lockheed Martin, in partnership with Northrop Grumman and BAE SYSTEMS, is competing to build the JSF for the United States and United Kingdom.
Government selection of a single contractor for the Engineering and Manufacturing Development phase is set for fall 2001.

For corresponding photos, visit http://www.lmaeronautics.com/image_gallery/pr_photos/jsfpr_p…

For information on Lockheed Martin Corporation (NYSE: LMT - news), visit: http://www.lockheedmartin.com

For information on Lockheed Martin Aeronautics Company, visit: http://www.lmaeronautics.com

For government information on the Joint Strike Fighter program, visit http://www.jast.mil

SOURCE: Lockheed Martin Aeronautics Company

[Shearer]

Hi,

aus dem Handelsblatt:

http://www.handelsblatt.com/hbiwwwangebot?fn=relhbi&sfn=buil…

heute in der Printausgabe war ein größerer Artikel, aber den habe ich leider nicht gefunden... es stand aber drin, das G.W.Bush den verteidigungsetat umstrukturieren will und das der JSF nicht gerade sein Lieblingskind ist... Allerdings lassen sich die US-Streitkräfte kaum vom Präsidenten in die Suppe spucken

Lockhead-Chef Robert Stevens sieht die Wachstumsmöglichkeiten des Konzerns nicht im Weltraum

Lockheed Martin will Kosten um 2,8 Mrd $ senken

Der Luft- und Raumfahrtkonzern Lockheed Martin Corp, Bethesda, will seine Kosten senken und bis Ende 2003 weitere 2,8 Mrd $ einsparen. Betroffen sein würden vor allem die Raumfahrt- und die Rüstungssparte, schreibt das "Wall Street Journal" (Mittwochausgabe).

vwd BETHESDA. Leitende Lockheed-Manager sagten, das finanzielle Engagement in die kommerzielle Raumfahrt soll zurückgeschraubt werden, da dieser Bereich hinter den Erwartungen zurückgeblieben sei. "Die Wachstumsmöglichkeiten von Lockheed liegen nicht im Weltraum", sagte der Vorstandsvorsitzende des Unternehmens, Robert Stevens.


Das größte Rüstungsunternehmen der Welt plant in den kommenden drei Jahren über 2,8 Milliarden Dollar einzusparen.

Das Unternehmen will seine Produktionsprozesse verschlanken und die Verwaltungskosten reduzieren. Laut der Unternehmensleitung seien aber keine Entlassungen vorgesehen.

Ferner kamen in diesem Zusammenhang Gerüchte auf, dass Lockheed plane, sich von seiner unprofitablen Raumfahrtsparte zu trennen. Das Management wollte dieses jedoch noch nicht bestätigen. Es räumte jedoch ein, dass es alle Möglichkeiten in Betracht ziehen würde, um Kosten zu sparen. Bereits im vergangenen Jahr hatte Lockheed Martin die Unternehmensschulden um 1,9 Milliarden Dollar auf 10 Milliarden Dollar reduzieren können.

Laut der Ratingagentur Standard&Poor’s haben alle Unternehmen der Rüstungsbranche mit einer hohen Verschuldung zu kämpfen. Lockheed Martin habe mit Schuldenreduzierung einen Schritt in die richtige Richtung gemacht und sei damit für eine wahrscheinliche Fusions- und Übernahmewelle in der Waffenindustrie gut gerüstet, so die Analysten von Standard&Poor’s weiter.

Im frühen Handel erreichte die Aktie von Lockheed Martin ein neues 52-Wochen-Hoch, getrieben von Spekulationen auf eine der Waffenindustrie freundliche gesonnene Politik des neuen amerikanischen Präsidenten George W. Bush. Im vergangenen Jahr hatte Lockheed bereits Kosten von 1,2 Mrd $ eingespart, indem es auf Lean Management sowie den Abbau von Schulden und damit der Zinszahlungen setzte. Ende vergangenen Jahres hatte das Unternehmen langfristige Verbindlichkeiten von rund zehn Mrd $. Im vergangenen Jahr schrieb der Lockheed-Konzern Verluste von 519 Mill. $, das waren 1,29 $ pro Aktie. 1999 zuvor war noch ein Nettogewinn von 382 Mill. bzw. 0,99 $ pro dilutierter Aktie erzielt worden. Im Januar sagten Manager des Unternehmens, sie rechneten damit, dass Lockheed in diesem Jahr wieder schwarze Zahlen schreiben werde.

Bye SHEARER

[Micky_Maus]

Die 40 Euro-Grenze wurde schon geknackt, das nur am Rande. Und zwar an der Börse zu Hamburg. Ein Wahnsinniger kauft jedesmal 10 Stücke auf einmal, gestern zu 40 und heute zu 39.

Das Uboot- Unglück vor Hawaii ist schon ein starkes Stück! Ein Zivilist habe das Gefährt lenken dürfen und die umstehenden Marineoffiziere lachten lauthals. Unfassbar auch, dass der japanische Premier Mori seine Golfpartie in aller Ruhe zuende spielte, als er von dem Unglück erfuhr. Wie schon bei dem Seilbahnunglück in Piacenca werden die Verantwortlichen sicher ungeschoren davonkommen. Grrr!

Ich weiß, mein Beitrag passt überhaupt nicht hierher, aber meinem Ärger (NT) mußte ich mal Luft machen!

[Gatsby2]

Re: Shearer

Hey, vielen Dank dass Du an diesen Thread gedacht hast. Zu US-Ruestungskonzernen finden sich sowenig Nachrichten in deutscher Sprache, dass ich schon kaum noch danach suche.

Deswegen geht`s auch jetzt wieder in Englisch weiter - mit einem kleinen Bericht ueber die Lobbyaktivitaeten rund um das neue Verteidigungskonzept, wonach Mr. Bush ja offenbar immer noch sucht ...



Friday February 16, 10:48 am Eastern Time

Press Release

SOURCE: American Institute for Aeronautics and Astronautics

Defense Leaders Offer Aggressive Reform Agenda, Cite Growing Need to Bolster Nation`s Ability to Support the Warfighter

WASHINGTON, Feb. 16 /PRNewswire/ -- DoD, Wall Street, and Industry leaders recommended that the new administration move rapidly to implement a far-
reaching defense reform agenda to allow the Department of Defense to keep pace with rapidly advancing commercial, telecommunication, and information
technologies.

The Defense Reform 2001 conference was jointly organized by the American Institute for Aeronautics and Astronautics, BAE SYSTEMS, Boeing, Lockheed
Martin, Northrop Grumman, Raytheon, and TRW. Principal Deputy Assistant Secretary of the Air Force (Acquisition and Management) Darleen Druyun was
executive chair of the conference and conference participants included more than 500 representatives from industry, Capital Hill, Wall Street, and the academic and
policy communities.

Next week, the recommendations resulting from the Conference will be issued by the AIAA as part of a new ``Blueprint for Action.`` Ms. Druyun noted that the
Blueprint will ``reflect our collective thinking on what needs to be done to reduce cycle times, slash bureaucracies and restore the operational and financial strength to
our defense industrial base -- and, in turn, enable that base to better respond to the needs of the Armed Services.``

Brian Dailey, Corporate Vice President of Lockheed Martin and Dennis Picard, President (elect) of AIAA, co-chairs of the Conference noted the critical nature and
timing of the conference. According to Dailey, ``These recommendations were possible only by the unprecedented high-level participation by DoD, Wall Street, and
industry leaders.``

Additional information about the Defense Reform 2001 conference, along with a copy of the initial report, ``Blueprint for Action: Setting the Stage,`` can be found at
http://www.defensereform.org. For additional information contact Kathy Watkins (703.264.3847), AIAA.

SOURCE: American Institute for Aeronautics and Astronautics

[Gatsby2]

Und noch ein paar schlichte news zu einem Projekt fuer die U.S.Navy, die freundlicherweise mal wieder eine Rate von $182 Mio. fuer den Fortgang der Ausruestung mit AEGIS-Systemen angewiesen hat.



Friday February 16, 10:49 am Eastern Time

Press Release

SOURCE: Lockheed Martin Naval Electronics & Surveillance Systems

Lockheed Martin Production Award Will Deliver Expanded Missile Defense Capability for the U.S. Navy`s Area Defense Against Tactical Ballistic Missiles

MOORESTOWN, N.J., Feb. 16 /PRNewswire/ -- Lockheed Martin Naval Electronics & Surveillance Systems (NE&SS)-Surface Systems announced today that
it received $182.5 million as part of a multi-year contract from the U.S. Navy for the production of three Aegis Weapon Systems. The three Baseline 7 Phase 1
Aegis Weapon Systems incorporate the latest technology that enables Arleigh Burke-class destroyers to intercept and destroy incoming ballistic missiles.

The current award is part of a multi-year funding agreement between Lockheed Martin and the Navy, which began in 1998, for the production of 13 Aegis Weapon
Systems. Recent successful tests of the Aegis system, including incorporating system improvements and reliable, low-cost commercial computer equipment, continues
to demonstrate the system`s ability to meet and defeat new and emerging threats while driving down costs.

``This contract allows Lockheed Martin to continue providing the U.S. Navy with the Aegis Weapon System,`` said Fred P. Moosally, president, Surface Systems.
``The advanced technology of the Baseline 7 Phase 1 system integrates area ballistic missile defense with anti-air warfare, along with the most advanced
commercial-off-the-shelf computer technology and the Navy`s most advanced phased array radar AN/SPY-1D(V). All of this means that our sailors are getting the
most advanced systems and capabilities to detect and defeat threats. The significance of that is immeasurable.``

Lockheed Martin is the Aegis Combat System Engineering Agent responsible for the design and integration of a complete shipboard, multi-warfare combat system
which encompasses detection, command and control, weapon and support systems for the Aegis class of guided missile cruisers and destroyers. From inception, the
Aegis Program has been designed for technology insertion. Aegis ships have seen a continuous stream of innovation including the introduction of the Vertical
Launching System and Tomahawk missiles. They are the first to deploy ballistic missile defense while also being able to defeat anti-air warfare threats, or incoming
missiles, such as Exocets.

Under the contract, Lockheed Martin will begin delivering systems in April of this year and continue through January 2007. The work will be performed in
Moorestown, New Jersey. The Moorestown business segment of Lockheed Martin is the Navy`s pre-eminent combat system integrator for surface platforms.

The Aegis Weapon System is designed, built and integrated by Lockheed Martin NE&SS-Surface Systems, headquartered in Moorestown, N.J. NE&SS-Surface
Systems is home to 4,100 employees and is one of five major lines of business comprising the Lockheed Martin NE&SS business segment. NE&SS provides
surface ship and submarine weapon systems, antisubmarine warfare and ocean surveillance systems, missile launching systems, radar and sensor systems, ship
systems integration services and other advanced systems and services to customers worldwide. NE&SS is an operating segment of the Lockheed Martin Systems
Integration business area.

Headquartered in Bethesda, Md., Lockheed Martin Systems Integration is one of four principal business areas within the Lockheed Martin Corporation (NYSE:
LMT - news). The other business areas are aeronautics, space and technology services.

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

For information on Lockheed Martin Naval Electronics & Surveillance Systems visit: http://ness.external.lmco.com/

For additional information on NE&SS-Surface Systems, visit: http://ness.external.lmco.com/nessm

SOURCE: Lockheed Martin Naval Electronics & Surveillance Systems

[Gatsby2]

Ein Artikel mit interessanten Gedanken ...

Defense Industry Businesses Innovate with Difficulty

Sunday, February 18, 2001 03:15:25 PM - Knight Ridder
Feb 18, 2001 (The Day - Knight Ridder/Tribune Business News via COMTEX) -- If
you have 3,000 business ideas, perhaps four of them will make it into the
development process, and one will be a potential commercial success, said
Richard Cassidy, vice president of Lockheed Martin`s Naval Electronics and
Surveillance Systems.

But what if you have only one customer, and that customer is pretty cautious
about embracing new ideas? Cassidy asked.

Lockheed Martin came up with an idea for an experimental ship that can handle
heavy seas and goes extremely fast, but it`s hard to market it to the Coast
Guard and ferry companies.

"Disruptive things like the `Streetfighter` cause the mainstream Navy to shut
down," Cassidy said, referring to a concept advocated by Vice Adm.

Arthur K. Cebrowski at the Naval War College in Newport, R.I., for a small,
agile, lightly armed combatant that could fight in near-shore, shallow-water
areas.

It can be even worse than having to find another customer, said George Pickett,
vice president of marketing and business planning in the electronic sensors and
systems sector of Northrop Grumman.

"If you invent something, and your customer doesn`t want it, he may still
prevent you from selling it to someone else, and not just to a foreign country
-- you may not be able to offer it even to another one of our military
services," Pickett said.

The two defense industry executives were part of a panel that discussed
"Barriers and Incentives to Defense Industry Innovation," during a seminar
hosted by the Center for Strategic and Budgetary Assessments, and the War
College, this month at the Capitol Hilton.

Cebrowski said he came away with a better understanding of the differences in
how the defense industry, and the Navy, perceive risk in acquisition.

For the Navy, the danger is that if you don`t set the right standards and
requirements, some other country will have a better weapon; for a defense
company, survival depends on issues such as markets, financial conditions,
schedule and technical challenges.

He said neither side will be able to meet, alone, the challenge of a prolonged
slowdown in defense spending.

"It calls for a higher level of teamwork than we have had in the past,"
Cebrowski said.

John K. Welch, the senior vice president of General Dynamics, whose Marine
Systems Group includes Electric Boat in Groton, said when he was president of EB
in the 1990s, he often told people that the biggest incentive for innovation is
fear -- fear of going out of business, or making your platform obsolete.

And the biggest enemy in that kind of environment, he said, is hope -- hope that
somehow the Navy will find more money to buy more of your ships.

He said that`s what led EB to design the Virginia-class submarine not only with
the latest technology available, but in such a way that as new technology comes
along it can be incorporated seamlessly. The Virginia design was also completed
about 30 percent more cheaply than previous classes of submarine, and it is
expected to have about 30 percent less in total life costs than other boats.

The submarine community has also led the way in innovation with its scale-model
warship, the Large Scale Vehicle or LSV, which served as a test bed for the
Seawolf class of submarine, and its Virginia-class counterpart, the LSV 2.

The submarine community has another opportunity now, with the planned retirement
of four Ohio-class ballistic missile submarines, Welch said.

There is a proposal to convert those submarines to fire 154 conventional
weapons, such as Tomahawk cruise missiles, but that would only use up about half
the payload space in the Ohio`s 24 massive missile tubes. The rest of the space
could be used to stow some of the sensors, weapons and submarine or aerial
drones that are being developed as part of a joint study by the Navy and the
Defense Advanced Research Projects Agency.

Daniel L. Smith, vice president of Naval and Maritime Integrated Systems at
Raytheon Corp., said there have been previous efforts to encourage innovation in
the industry, such as Martin Marietta`s "Shared Vision" and General Electric`s
"Workout," usually with mixed results.

[Gatsby2]

Thursday February 22, 1:37 am Eastern Time

Lockheed group out of UK air traffic sale talks-NZ

WELLINGTON, Feb 22 (Reuters) - The New Zealand government on Thursday confirmed a media report that a consortium led
by Lockheed Martin Corp (NYSE:LMT - news) has been left out of negotiations to buy almost half of Britain`s air traffic control
service.

The NZ state-owned air traffic control company, Airways Corporation, is a partner in Lockheed`s Novares consortium that is bidding for 46 percent of Britain`s
National Air Traffic Services (NATS).

``It is disappointing that the consortium Airways is involved in, Novares, has not been selected as a preferred bidder to run NATS,`` NZ State-owned Enterprises
Minister Mark Burton said in a statement.

The British government has put the Novares bid led by Lockheed, a U.S. defence and aerospace group, in reserve so it was not eliminated from the process, Burton
added.

Under the proposed sale, the British government would retain a 49 percent stake in the traffic services group, NATS staff would take five percent, with the winning
bidder buying the remaining 46 percent.

The Financial Times (FT) reported that the British government had decided against selecting a preferred bidder but would continue talking to two other bidding
consortiums -- Nimbus and the Airline Group.

Nimbus is led by British business services group Serco Plc (quote from Yahoo! UK & Ireland: SRP.L) and the Airline Group comprises eight British airlines including
British Airways (quote from Yahoo! UK & Ireland: BAY.L), Virgin Atlantic [VA.UL] and British Midland [BMID.UL].

The FT added that the government`s objective remained to implement the public-private partnership in the spring.

[Gatsby2]

Thursday February 22, 5:36 am Eastern Time

Lockheed, Taiwan firms forge aerospace alliance

TAIPEI, Feb 22 (Reuters) - A logistics unit of U.S. defence and aerospace group Lockheed Martin Corp (NYSE:LMT - news)
teamed up with Taiwan aerospace firms on Thursday, in a move aimed at turning the island into an Asia-Pacific aircraft
maintenance centre.

Lockheed Martin Aircraft & Logistics opened a Taiwan office -- the first in the Asia-Pacific region -- and signed a memorandum of understanding with China
Airlines , Far Eastern Air Transport and several other aerospace firms.

``I believe we can position ourselves not only to support what`s here in Taiwan but also in other locations throughout the Asia Pacific,`` Daniel Patterson, president of
Lockheed Martin Aircraft & Logistics, told Reuters.

Patterson said the move would help to upgrade Taiwan`s overhaul and repair capability.

Lockheed Martin Aircraft and Logistics is one of the largest aircraft maintenance and logistics support companies in the United States and has operations and joint
ventures in more than 80 countries around the world.

Lockheed Martin estimates Taiwan`s military maintenance market would be worth US$500 million by 2005. The Asia-Pacific region excluding mainland China would
reach US$800 million before 2005.

Patterson said his company would help the Taiwan government convert the air force`s three depot maintenance centres into commercial or government
owned-company operated (GOCO) facilities.

``The government is ready and the military is ready to make a change, and the change means going from government-owned depots to company-operated depots,``
said Patterson, who was in Taiwan for a four-day visit.

Such a change was an important step for the government to reduce costs and improve efficiency while maintaining a strong military, Patterson said.

``We are here to improve overall efficiency and support to the military,`` he said.

Patterson said the company had successfully converted military depots to GOCO facilities in the U.S. and several other countries and had strong confidence in
achieving its goal on the island.

(US$ equals T$32)

[Gatsby2]

Beute fuer den Fiskus ...

Thursday February 22, 2:25 pm Eastern Time

Press Release

SOURCE: Lockheed Martin

Lockheed Martin Declares 11-Cent Quarterly Dividend

BETHESDA, Md., Feb. 22 /PRNewswire/ -- Lockheed Martin`s (NYSE: LMT - news) board of directors today declared a
regular quarterly dividend on the Corporation`s common stock of 11 cents per share.

The dividend is payable March 30, 2001, to holders of record at the close of business on March 5, 2001.

SOURCE: Lockheed Martin

[Gatsby2]

Friday February 23, 8:09 am Eastern Time

Northrop Sues Lockheed Over Deal

NEW YORK (AP) -- Northrop Grumman Corp. is suing Lockheed Martin Corp. for allegedly
cutting it out of a $4 billion Army contract, escalating a fight among various companies over
the shrinking number of military contracts, The Wall Street Journal reported Friday.

The suit was filed in San Jose, Calif. in December but not previously publicly reported. It alleges that after Northrop helped
Lockheed secure a contract to manufacture a new missile defense system, Lockheed assigned Northrop`s share of the job to one
of its own production units.

The dispute stems from the contract for the Army`s Theater High Altitude Area Defense program, known as THAAD. The
system provides soldiers on the battlefield protection from missile assaults.

Northrop, which is based in Los Angeles, argues in the suit that its defense-electronics unit was initially contracted to provide the
canisters that launch the THAAD missile interceptors. The suit alleges that Lockheed ultimately turned the job over to its own unit
in Middle River, Md.

Pete Harrigan, a spokesman for Lockheed, told the Journal that the lawsuit was ``without merit.`` He said the company chose to
switch from Northrop because Northrop ``chose to ignore repeated suggestions and advice on techniques to lower its costs.``

The suit is seeking limited damages, but it underscores the tremendous latitude large contractors have over the distribution of
subcontracts in the post-Cold War era defense industry. Prior to the downsizing of military budgets in recent years, defense
officials played a larger role in the structuring of contracts.

[Gatsby2]

Friday February 23, 3:46 pm Eastern Time

Press Release

SOURCE: Lockheed Martin Aeronautics Company

Lockheed Martin JSF X-35B Begins Hover-Pit Testing

PALMDALE, Calif., Feb. 23 /PRNewswire/ -- The short-takeoff/vertical- landing (STOVL)
version of the Lockheed Martin Joint Strike Fighter (JSF), the X-35B, has powered up its
revolutionary propulsion system on a specially designed ``hover pit`` -- the first step in the STOVL portion of the aircraft`s
flight-test program.

The X-35B is designed to demonstrate JSF requirements specified by the United States Marine Corps and the Royal Navy/Royal
Air Force.

``Running our propulsion system in the aircraft -- spooling up the engine, engaging the shaft-driven lift fan and commanding the
vectoring nozzles -- is a big step toward validating our STOVL solution,`` said Tom Burbage, executive vice president and general
manager of the Lockheed Martin JSF program. ``We`ve operated this propulsion system very successfully on the test stand. Now
we get to see how the airplane itself manages the interaction of the lift fan, three-bearing swivel duct and roll posts -- the system`s
main components.``

During the tests, the airplane is fixed atop a ground-level metal grate over the hover pit -- a large rectangular basin with special
ducting that pulls away the propulsion system`s downward rush of air and engine exhaust. Inside the X-35B cockpit, Simon
Hargreaves of BAE SYSTEMS, a veteran Harrier pilot, puts the propulsion system through every operation it will encounter
during actual flight. Sensors determine if the aircraft`s flight-control system is generating a proper mix of control forces from the
propulsion system. Vertical thrust and control power are carefully measured.

The X-35B completed most of its up-and-away flight testing during the conventional-takeoff-and-landing (CTOL) X-35A`s
flight-test program last October and November. Both variants use the same airframe, and have identical external dimensions and
up-and-away performance characteristics. The X-35A became the X-35B when the Lockheed Martin JSF team fitted it with the
STOVL propulsion system in late December.

``The JSF is significantly larger than the Harrier, and our engineering studies concluded it would require a new STOVL propulsion
approach,`` said Harry Blot, vice president and deputy program manager of the Lockheed Martin JSF, and a former Harrier pilot.
``Our solution, the shaft-driven lift-fan propulsion system, greatly amplifies lifting power without straining the engine or
compromising up-and-away flight performance.``

Unlike traditional direct-lift STOVL systems that redirect hot engine exhaust, the Lockheed Martin system uses a drive shaft to
connect the engine to a counterrotating lift fan, located immediately aft of the cockpit. The fan generates a column of cool air that
produces nearly 20,000 pounds of lifting power, and combines with an equivalent amount of thrust from the downward-vectored
rear exhaust to lift the aircraft. A smaller ``roll post`` duct in each wing supplies additional thrust and lateral control.

``We are now in the final stages of checkout testing prior to flight. These tests verify the propulsion system controls integrate with
the aircraft, through all conditions,`` said Scott Winship, X-35 STOVL product lead. ``We will perform conversion tests from
CTOL to STOVL, where the lift fan is clutched in to bring the overall lift system on line. Other tests include throttle transients and
control sweeps to measure the overall STOVL propulsion system response and thrust characteristics.``

The lift fan, a patented Lockheed Martin design, was developed and produced by Rolls-Royce Corp. at its North American facility
in Indianapolis. Also built by Rolls-Royce is the three-bearing swivel duct that vectors through 105 degrees to channel engine
thrust during STOVL operations.

The X-35`s single Pratt & Whitney JSF119-611 engine, which shares its core design with the engines that power the F-22, is the
source for the nearly 40,000 pounds of STOVL thrust.

Because the lift fan extracts power from the engine, exhaust temperatures are reduced by about 200 degrees compared to
direct-lift systems, and exhaust velocity is also significantly lower. Combined with the low temperature and velocity of the lift-fan
air, the result is a more benign ground environment.

Lockheed Martin (NYSE: LMT - news), in partnership with Northrop Grumman (NYSE: NOC - news) and BAE SYSTEMS, is
competing to build the JSF for the United States and United Kingdom. Government selection of a single contractor for the
Engineering and Manufacturing Development phase is set for fall 2001.

For information on JSF and Lockheed Martin Aeronautics Company, visit: http://www.lmaeronautics.com.

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

For government information on the Joint Strike Fighter program, visit http://www.jast.mil.

SOURCE: Lockheed Martin Aeronautics Company

[Gatsby2]

Ei da schau her. Das Pentagon zahlt $10 mio. fuer die Verschlankung der Produktionskosten eines Flugzeuges, ueber dessen Bestellung sie angeblich noch gar nicht entschieden haben!!!

Nachtigall, ick hoer` dir trapsen ...



Lockheed Martin Corp., Marietta, Ga., is being awarded a $10,000,000 modification to a
firm-fixed-price contract to provide for investment in Producibility Improvement Program
(PIP) II Investment. This project will reduce the cost of F-22 aircraft. The work is
expected to be completed December 2002. The work will be performed at Lockheed
Martin Corp., Ft. Worth Texas (50%); The Boeing Co., Seattle Wash. (31%); and
Lockheed Martin Corp., Marietta, Ga. (16%). Aeronautical Systems Center,
Wright-Patterson AFB, Ohio (F33657-97/C-0030, P00023).

[Gatsby2]

Gemischte Nachrichten heute: Der Supreme Court der U.S.A. hat heute die bisher als unzulaessig verworfene Klage eines kleineren Satellitenherstellers an den High Court in Maryland zurueckverwiesen (s. die nachfolgende Pressemeldung). Der Rechtsstreit wird nun wohl doch zur Sache verhandelt werden.

Zur besten Nachricht des Tages gibt es bis jetzt noch keine Pressemitteilung. Im Auftrag der U.S. Airforce ist heute eines der teuersten Raumfahrzeuge ueberhaupt von Cape Canaveral aus in den Weltraum geschossen worden. Ein Satellit vom Typ Milstar 2 (Preis ~ $ 800 Mio.) fuer ein strategisches Kommunikationssystem des Pentagon. Da sowohl der Satellit, als auch die Traegerrakete (Preis: ~ $ 425 Mio.) von Lockheed Martin gefertigt wurden, duerfte wohl demnaechst eine ordentliche Abschlusszahlung faellig werden. Ein kleines Feuerwerk fuer $ 1.25 Mrd. -- den Knopf zu druecken muss ein enormes Gefuehl gewesen sein. Wer sich fuer Einzelheiten interessiert, findet sie hier:

http://www.spaceflightnow.com/titan/b41/status.html
http://www.space.com/missionlaunches/launches/fl_milstar_010…

Und das gab`s zu dem Prozess:

Tuesday February 27 1:48 PM ET
Supreme Court Revives Lockheed Suit

WASHINGTON (AP) - The Supreme Court ruled Tuesday that a Maryland
court should have heard a legal fight between defense contractor Lockheed
Martin Corp. and a smaller rival, even though the lawsuit had already been
thrown out of court in California.

The unanimous ruling revives claims made by Semtek International Inc. that
were first raised in a California state court in 1997 and traveled through five
other courts before coming to the Supreme Court.

At issue for the high court was how one of the first steps in that complicated
path affected one of the last.

When Semtek sued, Lockheed Martin successfully got the case transferred to federal court on grounds that it
involved citizens of different states and thus should not be decided by the court of one state. Once in federal
court, Lockheed got the case dismissed because the statute of limitations had run out.

Semtek tried again in Maryland state court, where a different statute of limitations applies, but the case was
eventually thrown out there on grounds that it had already been decided in California.

That left the Supreme Court to decide if the original basis for dismissing the case in California should have
controlled what the Maryland state court did later on.

Justice Antonin Scalia (news - web sites), writing for the court, said the Maryland court used the wrong legal
standard to make its choice, and sent the case back to the Maryland appeals court for further consideration.

The case is Semtek v. Lockheed Martin, 99-1551.

[Gatsby2]

Als Nachtrag zu gestern hier noch die etwas duerftige Pressemitteilung von LMC:

TITAN SUCCESS

A Titan IV B rocket roared into space today at 4:20 p.m. EST carrying a Milstar II military
communications satellite into orbit for the U.S. Air Force. The launch vehicle and satellite were built
by Lockheed Martin Space Systems Company at its operations in Denver, Colo., and Sunnyvale, Calif. The Milstar II satellite
is the Defense Department’s most technologically advanced telecommunications
satellite. It is the first to carry the Medium Data Rate (MDR) payload. Built by Boeing Satellite Systems of El Segundo, Calif.,
it can process data at speeds of 1.5 megabits per second. TRW Space & Electronics
Group of Redondo Beach, Calif., provides the Low Data Rate payload. This Milstar II spacecraft, which will join two Milstar I
satellites already on orbit, provides added security through the use of specially
designed antennas and faster data-rate transmissions for all users. (Lockheed Martin Press Release)

[Gatsby2]

Neuer CFO. Nachdem der fruehere CFO Bob Stevens gelegentlich auch die Aemter des President und des COO uebernommen hatte, gab Lockheed heute den Namen des neuen CFO bekannt. Christopher Kubasik war zuvor Partner bei Ernst&Young LLP, die uebrigens auch die Bilanzen fuer Lockheed pruefen...

Wednesday February 28, 8:39 am Eastern Time

Press Release

SOURCE: Lockheed Martin

Lockheed Martin Names Chief Financial Officer

BETHESDA, Md., Feb. 28 /PRNewswire/ -- Lockheed Martin Corporation (NYSE: LMT - news) today announced that Vice President and Controller
Christopher E. Kubasik has been named Chief Financial Officer, effective today. A successor has not yet been named.

``We are pleased that our extensive search -- both inside and outside of the company -- resulted in naming a current member of our own team to this important and
challenging position,`` said Chairman and Chief Executive Officer Vance Coffman. ``Chris brings great energy and business acumen as well as a solid financial
background to this leadership position with the corporation. Since his appointment as controller, he has distinguished himself as a leader and principal contributor to
our financial strategy. His selection will ensure continuity and discipline in the execution of that strategy.``

Kubasik, 39, replaces Robert J. Stevens, 49, who was named President and Chief Operating Officer in October 2000. Stevens served as both CFO and COO until
Kubasik`s appointment.

Kubasik has served as Lockheed Martin`s controller since November 1999. Previously, he held various positions with Ernst & Young, LLP, and was named Partner
in 1996. He graduated with honors from the University of Maryland`s School of Business in 1983 and attended Northwestern University`s Kellogg School of
Business Executive Program in 1997. He resides in North Potomac, Md., with his wife, Jane, and four children.

Headquartered in Bethesda, Maryland, Lockheed Martin is a global enterprise principally engaged in the research, design, development, manufacture and integration
of advanced-technology systems, products and services. The Corporation`s core businesses are systems integration, space, aeronautics, and technology.

Photo available at Web site: http://www.lockheedmartin.com .

SOURCE: Lockheed Martin

[Gatsby2]

Jetzt haben sie es doch noch geschafft, eine etwas detailliertere Pressemitteilung herauszubringen. Und weil`s so schoen war:

Lockheed Martin`s Titan IV successfully launches next-generation military communications satellite for the U.S. Air Force

CAPE CANAVERAL AIR FORCE STATION, Fla., February 27, 2001 -- A Titan IV B rocket roared into space today at 4:20 p.m. EST
carrying a Milstar II military communications satellite into orbit for the U.S. Air Force. The launch vehicle and
satellite were built by Lockheed Martin Space Systems Company at its operations in Denver, Colo., and Sunnyvale, Calif.

"Lockheed Martin is proud of the capability we have demonstrated today in providing a total system solution to our Air
Force customer, exemplified by the excellent launch vehicle and satellite hardware built by our Astronautics and Missiles &
Space operations with major contributions from our many industry partners," said Albert E. Smith, executive vice president,
Lockheed Martin Space Systems Company.

The Milstar II satellite is the Defense Department`s most technologically advanced telecommunications satellite. It is the
first to carry the Medium Data Rate (MDR) payload. Built by Boeing Satellite Systems of El Segundo, Calif., it can process
data at speeds of 1.5 megabits per second. TRW Space & Electronics Group of Redondo Beach, Calif., provides the Low Data
Rate payload. This Milstar II spacecraft, which will join two Milstar I satellites already on orbit, provides added
security through the use of specially designed antennas and faster data-rate transmissions for all users.

This was the first of five launches planned this year on the Titan IV B, the nation`s most powerful expendable launch
vehicle. Titan IV B with its Centaur upper stage is capable of boosting payloads weighing 47,800 pounds into low-Earth
orbit or more than 12,700 pounds into geosynchronous orbit.

"With this launch, Titan again proves its unrivaled capability in providing access to space for our nation`s most critical
payloads," said G. Thomas Marsh, president, Lockheed Martin Astronautics Operations. "This launch marks the first of
several planned for 2001, which promises to be one of the busiest years ever for our Titan team."

Today`s Titan IV launch was the 31st overall including 21 from Cape Canaveral and 10 from Vandenberg Air Force Base, Calif.
Lockheed Martin Astronautics Operations in Denver, Colo., is under contract to the U.S. Air Force Space and Missile Systems
Center, Los Angeles Air Force Base, Calif., to complete the launch of 39 vehicles. The contract extends through 2002. As
prime contractor and systems integrator, the company builds the first and second stages and the Centaur upper stage used on
this mission and provides overall program management and launch services.

Other members of the Titan IV contractor team and their responsibilities include: GenCorp Aerojet Propulsion Division,
Sacramento, Calif., liquid rocket engines; Alliant Techsystems, Magna, Utah, solid rocket motor upgrade; The Boeing
Company, Huntington Beach, Calif., payload fairing; and Honeywell Space Systems, Clearwater, Fla., advanced guidance.

The Milstar spacecraft launched today is one of six that Lockheed Martin Missiles & Space Operations is building for the
U.S. Air Force as prime contractor. The Milstar team is led by the MILSATCOM Joint Program Office at the U.S. Air Force
Space and Missile Systems Center, Los Angeles Air Force Base, Calif.

Milstar`s "switchboard-in-space " concept is a revolutionary departure from all current communications systems and is
designed to provide adaptable, secure and survivable communications between fixed-site, mobile and hand-portable terminals.
The system does this by utilizing five technologies not found in any previous military satellite communication system: 1)
on-board signal processing, 2) on-board signal routing, 3) on-board resource control, 4) crossbanding (receiving a signal
through one antenna at one frequency and processing and relaying it through a different antenna at a different frequency)
and 5) satellite crosslinks (antennas that allow satellites to beam signals directly to each other without using ground
station relays).

Milstar is used for communications among ships, submarines and land-based Naval stations via Navy Extremely High Frequency
Satellite Communications Program terminals. The system provides communications networks to Army units via the Secure
Mobile Anti-Jam Reliable Tactical Terminals mounted on vehicles, and to individual troops and small units from the Single
Channel Anti-Jam Man-Portable terminals. For the Air Force, the Milstar system provides links for Air Force airborne
command posts.

Lockheed Martin Space Systems Company, headquartered in Denver, Colo., is one of the major operating units of Lockheed
Martin Corporation. Space Systems designs, develops, tests, manufactures and operates of a variety of advanced technology
systems for military, civil and commercial customers. Chief products include a full-range of space launch systems,
including heavy-lift capability, ground systems, remote sensing and communications satellites for commercial and government
customers, advanced space observatories and interplanetary spacecraft, fleet ballistic missiles and missile defense
systems.

Headquartered in Bethesda, Md., Lockheed Martin is a global enterprise principally engaged in the research, design,
development, manufacture and integration of advanced-technology systems, products and services. The Corporation`s core
businesses are systems integration, space, aeronautics, and technology services. Employing more than 140,000 people
worldwide, Lockheed Martin had 2000 sales surpassing $25 billion.

# # #

Liftoff images of the launch will be available on the Milstar Flight 4 News Center web site following the conclusion of the
mission:

http://lmms.external.lmco.com/about/milstar4.html

[Gatsby2]

Wednesday February 28, 11:00 am Eastern Time

Press Release

SOURCE: Lockheed Martin Mission Systems

Global Transportation Network Program Wins AFCEA Award for Web-Enabled Information Technology

Supply Chain Management System Has Saved Department of Defense Over $2.3 Billion

WASHINGTON, Feb. 28 /PRNewswire/ -- The Global Transportation Network (GTN) program was today honored with the
2001 Federal CIO Council Center of Excellence for Information Technology (CEIT) award. The CEIT award recognizes the
United States Transportation Command (USTRANSCOM) for successfully applying web-enabled technology to significantly cut
costs and improve performance, resulting in an estimated savings in excess of $2.3 billion.

GTN is the leading supply chain management system for USTRANSCOM, Scott Air Force Base, Illinois, and the first major
Department of Defense (DoD) system to apply web-enabled technology to support forces deployed worldwide. Whether the
military needs to send a crate of airplane parts to Colorado, ship thirty tanks overseas, or deploy a military unit anywhere in the
world, GTN is the primary command and control system used to coordinate and track the response.

A central feature of GTN, In-Transit Visibility (ITV) allows users to instantly track the status, location, and content of 90 percent
of the shipments moving through the enormous Defense Transportation System (DTS). Any authorized user anywhere in the
world, from supply clerks at seaports to command center officials at USTRANSCOM headquarters, can open up a web browser
and find out where their shipment is, where it`s headed, when it will get there, and what it contains. That view into the DTS
pipeline boosts confidence in the system, saves time and cuts costs considerably.

``GTN has revolutionized how we are able to accomplish our mission, and has saved considerable money over the earlier
client-server system,`` explained Colonel Ernest Speck, Director of the GTN Program Management Office. ``We can track any
shipment from the time it`s loaded on to the truck to the time it gets to the ship and then to the people who need it. That visibility
into everything that`s moving through the DTS allows us to rely on the movement of that system and plan for its arrival as opposed
to sitting in the dark.``

That confidence and efficiency GTN provides has produced hard savings, cost avoidance, and benefits to the DoD estimated at
$2.356 billion.

``USTRANSCOM has taken full advantage of the web`s vast potential through GTN,`` said Terry Drabant, president of Lockheed
Martin Mission Systems. ``They provide a critical service for all branches of the military, and it`s vital that they deliver the
necessary equipment and munitions to the warfighters who need them, when they need them. They`ve been very effective in using
GTN to accomplish that mission better, faster and cheaper than before. We congratulate them on this well-deserved honor.``
Lockheed Martin has been the prime contractor on GTN since 1995.

Key to GTN`s success is its ability to collect data from 30 distinct DoD systems and 30 commercial carriers, refine that data, and
present it through a single, integrated database available to users anytime, anywhere. The system processes 2,100 user queries and
2.1 million transactions per day, and employs secure, encrypted servers to keep that data safe. The highly reliable system currently
boasts an availability rate of 99.68 percent.

GTN`s 5,600-plus users enjoy a number of other benefits, such as automatic e-mail alerts that notify a user when a high-interest
shipment has reached certain stages in its movement. Also, enhanced command and control capabilities give USTRANSCOM a
better understanding of how major operations are carried out and how they might be streamlined or improved.

The CEIT award was presented to USTRANSCOM at the Armed Forces Communications and Electronics Association`s
(AFCEA) 6th annual Virtual Government Conference in Washington, DC.

A leader in mission critical systems integration and information operations, Lockheed Martin Mission Systems serves U.S. and
international defense and civil government agencies. Mission Systems employs about 2,600 at major facilities in Gaithersburg, Md.,
Colorado Springs, Colo., and Santa Maria, Calif., and is a business unit of Lockheed Martin Corporation.

Headquartered in Bethesda, Md., Lockheed Martin is a global enterprise engaged principally in the research, design, development,
manufacture and integration of advanced-technology systems, products and services. The Corporation`s core businesses are
systems integration, space, aeronautics, and technology services.

For additional information, visit the website: http://www.lockheedmartin.com/missionsystems/

SOURCE: Lockheed Martin Mission Systems

[Gatsby2]

Nochmal $75 Mio. fuer ein laufendes Programm ...

Lockheed Martin Commercial Launch Services, Denver, Colo., and Delta Launch Services
Inc., Huntington Beach, Calif., are being awarded a $75,000,000 modification to their
requirements contracts to provide for Evolved Expendable Launch Vehicle (EELV) launch
services for the Navy`s Ultra-High Frequency Follow-On Program communication satellite
F11. Delivery orders will be issued contingent upon the Navy selecting the EELV as their
launch services provider for this mission. This effort provides a launch service which
includes production of the space booster (launch vehicle), integration of the F11 satellite
onto the booster, and launch operation/support. This action incorporates this launch service
as a primary award on Lockheed Martin`s contract and as a contingency (backup) award
on the Delta Launch Services contract. Funds will be obligated when the delivery order is
issued for the launch service. At this time, no funds have been obligated. Space and Missile
Systems Center, Los Angeles, Calif., is the contracting activity (F04701-98/C-0001,
P00009-Lockheed Martin; F04701-98/C-0001, P00015-Delta Launch Services).

[Gatsby2]

Thursday March 1, 11:16 am Eastern Time

Press Release

SOURCE: Lockheed Martin Aeronautics Company

Brazil Acquires C-130H Hercules Airlifters From Lockheed Martin

MARIETTA, Ga., March 1 /PRNewswire/ -- Lockheed Martin Aeronautics Company has completed the sale of 10 C-130H Hercules aircraft to Brazil. The aircraft
were formerly operated by the Aeronautica Militare Italiana (Italian Air Force), and were sold back to Lockheed Martin as part of Italy`s acquisition of 22 new
C-130Js and longer fuselage length C-130J-30s. The sale to Brazil also includes spare engines and parts for both the airframe and avionics systems on the aircraft.

The Brazilian Air Force (Forca Aerea Brasileira, or FAB) currently operates a fleet of 12 C-130s that consists of five C-130Es, five C-130Hs and two KC-130H
tankers. The FAB has been operating C-130s since 1965.

The new-to-Brazil aircraft were built and delivered to Italy in the early 1970s. The first six aircraft will be delivered beginning this May, with the remainder to be
delivered by the end of November 2002.

``Acquisition of these aircraft will greatly enhance and strengthen Brazil`s airlift capability,`` said Ross Reynolds, Lockheed Martin vice president C-130J program.
``This sale is a true testament to the longevity and robustness of the Hercules design. It is rewarding to see these aircraft, which have provided many thousands of
flying hours in support of one nation`s airlift mission, now go on to another.``

Brazilian officials noted the FAB will use the additional aircraft to support front line troops stationed along the Brazil-Colombia border who are there to help stem the
flow of illegal drugs. With no roads and only rivers in the area, airlift is the only practical means to get supplies and equipment to those forces.

Lockheed Martin Aeronautics Company is a leader in the design, development, systems integration, production, and support of advanced military aircraft and related
technologies. Its customers include the military services of the United States and allied countries throughout the world. Products include the F-16, F-22, C-130J,
F-117, U-2, and Joint Strike Fighter, among other renowned aircraft.

LM Aeronautics is a unit of Lockheed Martin Corporation (NYSE: LMT - news). Lockheed Martin is headquartered in Bethesda, Md., and is a global enterprise
principally engaged in the research, design, development, manufacture and integration of advanced-technology systems, products, and services. The corporation`s
core businesses are systems integration, space, aeronautics, and technology services.

SOURCE: Lockheed Martin Aeronautics Company

[Gatsby2]

Thursday March 1, 1:00 pm Eastern Time

Press Release

SOURCE: Lockheed Martin Information Support Services

Lockheed Martin Software to Aid Wildfire Fighter Coordination

SEABROOK, Md., March 1 /PRNewswire/ -- Software developers at Lockheed Martin Corporation (NYSE: LMT - news) have
delivered a new web-based application to the National Wildfire Coordination Group that will help federal, state and local firefighter
organizations locate and call up people, equipment and materials needed to combat major wildfires in the United States.

Lockheed Martin`s Information Support Services business unit was awarded a GSA task order in September 1999 from the U.S.
Forest Service to tackle the problem of integrating data from the member organizations of the National Wildfire Coordination
Group and allow these organizations to quickly react to fires such as those that affected the western U.S. last summer. The 2000
forest fire season involved thousands of workers from states across the nation. To find and mobilize the right people took agencies
days of effort.

The new application is called ``ROSS`` for Resource Ordering and Status System. Using Java, Lockheed Martin`s development
team in Denver created a web application that will enable managers to find out the current status of firefighting resources within
the member organizations and quickly place orders for those resources.

Linda Gooden, president of Information Support Services, credited Lockheed Martin`s experience in complex development projects
as key to program success. ``We are excited about achieving this milestone for a program that one day will have a positive effect
on saving the lives, homes and businesses of millions of Americans in potential wildfire areas,`` she said.

Lockheed Martin delivered the ROSS application to the National Wildfire Coordination Group in early February. Field testing will
begin in March, and modules of the system will be incrementally rolled out over the next year.

The National Wildfire Coordination Group was established to coordinate programs of the participating wildfire management
agencies so as to avoid wasteful duplication and to provide a means of constructively working together. Members include
representatives of: U.S. Forest Service; Bureau of Indian Affairs; Bureau of Land Management; U.S. Fish and Wildlife; National
Park Service; National Association of State Foresters; Federal Emergency Management Agency, and U. S. Fire Administration.

Headquartered in Bethesda, Md., Lockheed Martin is a global enterprise principally engaged in the research, design, development,
manufacture and integration of advanced-technology systems, products and services. The Corporation`s core businesses are
systems integration, space, aeronautics, and technology services. Information Support Services is a business unit of Lockheed
Martin providing information technology business systems, managed services and infrastructure solutions to major government
agencies.

For more information on ROSS, visit http://www.nwcg.gov/ross/

SOURCE: Lockheed Martin Information Support Services

[Gatsby2]

Schade, aber nicht zu aendern. Hauptsache, es ist bezahlt ...

Friday March 2 12:48 AM ET
NASA Pulls Plug on X-33 Spacecraft

By MATT CRENSON, AP National Writer

NASA (news - web sites) has halted development of the troubled X-33 spacecraft, the
intended successor to the space shuttle that was under development by the Lockheed-Martin
Corporation.

NASA and the space contractor had spent four years and $1.25 billion on the controversial
X-33, which never had a test flight. Critics of the agency said the design was far too
ambitious to succeed.

``It`s not surprising that this happened. The vehicle was essentially programmed for failure,``
said Charles Lurio, an aerospace consultant in Brookline, Mass.

The X-33 was envisioned as a reliable, reusable spacecraft that could cut the shuttle`s $10,000-a-pound launch costs to
$1,000-a-pound or less by 2006 or 2007. But it relied on too many untested technologies, opponents argued, when a more
practical but less glamorous design would do the job.

NASA said in a statement Thursday that the technology behind the vehicle`s lightweight composite hydrogen fuel tanks was
not mature enough for the design to succeed. After one of the tanks failed during testing in November 1999, engineers
concluded they would have to be replaced with a more traditional aluminum design if the X-33 were to ever fly.

``Our technology has not yet developed to the point that we can successfully develop a new reusable launch vehicle that
substantially improves safety, reliability and affordability,`` said Art Stephenson, director of NASA`s Marshall Space Flight
Center.

The space agency plans to develop that technology through the Space Launch Initiative, a multibillion dollar engineering
program scheduled to develop the next generation of reusable spacecraft by the end of the decade.

-

On the Net:

NASA: http://www.nasa.gov

[Gatsby2]

Und noch ein Grossprojekt: Zwei Teams von Litton Industries und Raytheon sowie General Dynamics und Lockheed Martin bewerben sich um den Bau des Lenkwaffenzerstoerers der naechsten Generation fuer die U.S. Navy.

Thursday March 1, 8:12 pm Eastern Time

U.S. Navy`s dream destroyer unveiled

By Jim Wolf

WASHINGTON, March 1 (Reuters) - An industry team competing to build an all-new, $30 billion class of Navy destroyers
unveiled its design Thursday, earlier than planned in a bid to dodge the new administration`s budget ax.

Litton Industries Inc.`s (NYSE:LIT - news) Ingalls Shipbuilding and Raytheon Co. (NYSE:RTNa - news) said they were eager to
head off any delays in the awarding of the so-called DD-21 program, which is at the heart of U.S. plans to boost naval firepower
in the 21st century.

``If things don`t get awarded when they`re supposed to be awarded, people with green eye shades in the Pentagon start looking at that money and decide to program
it somewhere else,`` said Hubert ``Bat`` Robinson, vice president for the DD-21 at Pascagoula, Miss.-based Litton Ingalls.

Heading a rival consortium are General Dynamics Corp. (NYSE:GD - news) and Lockheed Martin Corp. (NYSE:LMT - news) . On Jan. 10, they disclosed the
broad outlines of their version of the destroyer designed to strike targets more than 1,000 miles (1,600 km) inland using everything from 155mm guns to Tomahawk
cruise missiles capable of in-flight retargeting.

Barring postponement by President George W. Bush`s Pentagon -- which is carrying out a top-to-bottom review of military strategy and weapons programs -- the
Navy is due to choose the winning design by the end of this month.

The Navy`s goal has been to lay the first DD-21`s keel in 2005 for the maiden electric-powered, multimission destroyer to enter the fleet in 2010.

The service plans to buy 32 of the ships over 35 years at a combined acquisition cost of about $30 billion, or $750 million per unit after the fourth ship.

MODULAR FAMILY OF SURFACE WARSHIPS

The Navy wants the new destroyer to kick off a highly modular family of surface warships, some of which could be used in the shields under development to protect
the United States and allies from ballistic missile attack.

The fate of hundreds of billions of dollars of weapons on U.S. drawing boards hinges on the review being carried out by Defense Secretary Donald Rumsfeld. At
least some parts of his study are due to be completed by next month.

In presenting a very vague profile of its design to reporters, the Litton-Raytheon team, which also includes Boeing Co. (NYSE:BA - news), said it would slash
operation and support costs ``40 percent plus`` compared to today`s warships. The rival industry team had said it cut such costs 42 percent.

The Litton-Raytheon design features twin 155mm guns in the ship`s forward section. The after-deck would be capable of accommodating two H-60 gunships or
landing the hybrid V-22 ``Osprey`` that takes off and lands like a helicopter but flies like an airplane.

John Cronin, DD-21 program manager at Raytheon Electronic Systems, said simulations showed the double hull design would have protected crew inside the ship
from the guerrilla bomb that killed 17 U.S. sailors in October on the USS Cole in Aden, Yemen.

The initial contract, valued at $9.9 billion, would cover 10 years of research and development plus the first four ships.

Production of the ships would be split between the winner and loser to preserve competition in the U.S. defense industrial base. But the winning team would get 85
percent of total operating and support costs booked with subcontractors over the life of the program, valued at up to $70 billion, the Litton-Raytheon team said.

[Gatsby2]

Kleingeld, aber unter politischen Gesichtspunkten ein sehr interessanter deal.



TALLINN, March 2 (Reuters) - The Estonian defence ministry said on Friday the
government had decided to buy an up to 200 million kroons ($11.89 million) long-distance
surveillance radar from U.S. Lockheed Martin Corp <LMT.N>.

"The state has allocated 200 million kroons for this deal in the budget. The exact price...is
for parliament to decide. The deal will be signed before the end of the year," defence
ministry spokesman Madis Mikko said.

The ministry said in a statement the three-dimensional long-distance radar can spot flying
objects over a 300 kilometres radius and will improve control over Estonia`s airspace.

Other bidders in the tender included France`s Thales <TCFP.PA>, Italy`s Alenia Marconi
Systems <SIFI.MI> and Britain`s BAE Systems <BA.L>.

[Gatsby2]

aaaahh!! Nach 125% Zuwachs seit Maerz `00 hat Lockheed am Freitag auf neuem 52-Wochen Hoch geschlossen. Und selbst auf diesem Niveau hatte Thomson-I-Watch heute noch KAEUFE institutioneller Anleger zu vermelden.

http://iw.thomsonfn.com/stocks_iwatch/cgi-bin/iw_ticker?tick…

... ->oo

Nachrichten gab`s auch:

Monday March 5, 2:33 pm Eastern Time

Press Release

SOURCE: Lockheed Martin

Lockheed Martin CSOC Announces Reorganization
Plans

HOUSTON, March 5 /PRNewswire/ -- Officials of Lockheed Martin Space Operations` (LMSO) Consolidated Space Operations
Contract (CSOC) announced today that a reorganization of its NASA contract now underway places operational responsibilities
for the contract at the NASA centers it serves. The organizational change will improve service, maximize cost savings and
enhance responsiveness to its customers.

Under the reorganization, CSOC will decentralize management of its operations, focusing responsibility, authority, accountability
and budget authority with CSOC management at each NASA center it supports, namely Goddard Space Flight Center (GSFC),
Greenbelt, Maryland; Jet Propulsion Laboratory (JPL), Pasadena, California; Johnson Space Center (JSC), Houston, Texas;
Kennedy Space Center (KSC), Cape Canaveral, Florida; and Marshall Space Flight Center (MSFC), Huntsville, Alabama.

``CSOC has recently entered into its third year, and during this time, our performance has been extraordinary in many areas,`` said
Doug Tighe, program manager for CSOC. ``There has been a demonstrated commitment on the part of senior NASA
management to ensure CSOC`s success, and our operations and performance have reflected an unwavering commitment to
achieving our customers` objectives. To continue moving in this positive direction, CSOC is implementing this reorganization as a
means to better provide our customers with optimum service and maximum cost savings, and more importantly, to improve our
responsiveness to our customer base.``

Changes resulting from this reorganization are as follows:

-- Certain Engineering and Operations functions of the contract will be
transitioned to CSOC`s center managers as they assume responsibility
for these areas.

-- There will be an increase in center-based operating autonomy for CSOC,
with the role of CSOC`s central organization evolving to one of
monitoring and supporting the activities of the centers.

-- Each center will be headed by a CSOC associate program manager who will
assume responsibility for operations, engineering, project
implementation, business support, customer service, safety and other
support functions of the center.


The associate program manager assigned to GSFC is Phil Johnson. He will assume responsibility for the performance of three
CSOC service-providing factories: GSFC Mission Services, the Space Network and the Ground Network. Prior to Johnson joining
Lockheed Martin in 1998 as vice president, mission engineering and ground operations, he served in a number of senior
management positions for AlliedSignal Technical Services Corporation. As vice president, space operations, he was responsible
for all AlliedSignal contracts at Goddard Space Flight Center.

The associate program manager for JSC is Dan Brandenstein. Brandenstein was commander of three shuttle missions and served
as chief of the astronaut office at JSC. Brandenstein also served as director of program development and director of quality
assurance for Loral Space Information Systems and then as executive vice president and program manager for Kistler Aerospace
Corporation before joining Lockheed Martin Space Operations in 1999.

JPL`s associate program manager is Isaac Gillam. Gillam has more than 40 years of experience in the aerospace industry,
including in-depth experience working with the Department of Defense, the National Oceanic and Atmospheric Administration
and NASA. Gillam served as director of NASA`s Dryden Flight Research Center and was assistant administrator for commercial
programs at NASA headquarters.

The associate program managers at KSC and MSFC are in the process of being assigned.

The first phase of this reorganization is expected to be completed by April 15, 2001.

``The lessons we have learned in the past two years and feedback from our customers played an important role in the
development of this reorganization, and I am confident that the outcome will be positive for our customers, NASA, our contract
and the CSOC team,`` commented Tighe.

CSOC is a $3-billion-plus contract awarded by NASA to Lockheed Martin, who serves as the prime contractor to provide
end-to-end space operations Mission and Data Services to both NASA and non-NASA customers. CSOC manages NASA`s data
collection, telemetry and communications operations that support Earth-orbiting satellites, planetary exploration, and human space
flight activities. Services include data acquisition from spacecraft, data transmission to end-users, data processing and storage,
ground and space communications, and mission control center operations.

CSOC is part of Lockheed Martin Space Operations (LMSO), a business unit of Lockheed Martin Technology Services
headquartered in Cherry Hill, New Jersey. LMSO, a high-tech engineering and science services firm, employs about 4,000
engineers, scientists and support personnel. Services include managing CSOC; software and hardware engineering for the Space
Shuttle and International Space Station; mission operations and planning systems design, development, and integration; and human
life sciences research.

SOURCE: Lockheed Martin

[Gatsby2]

Monday March 5, 4:10 pm Eastern Time

Press Release

SOURCE: Lockheed Martin Aeronautics Company

Lockheed Martin Awarded S-3B Viking Prime Vendor Support Contract

MARIETTA, Ga., March 5 /PRNewswire/ -- The U.S. Navy on Monday awarded Lockheed Martin Aeronautics Company the
S-3B Viking Prime Vendor Support (PVS) contract valued at $43 million.

The five-year contract includes in-service engineering, integrated logistics support, depot level scheduled maintenance, and
material management for the Navy`s East Coast squadron aircraft.

``This is a tremendous success for the Navy/Lockheed Martin Team,`` said Rob Weiss, LM Aero`s P-3/S-3 program director.
``There`s been a strong partnership between the Navy and Lockheed Martin since the beginning of the S-3 Program in the early
seventies. The extension of this partnership into the PVS arena will serve as an example of how to maintain high readiness for
legacy aircraft while ensuring efficient use of taxpayer dollars.``

The PVS contract is the first of its kind for a carrier-based aircraft. ``Nothing like this has been done before for the U.S. Navy,
and we`re looking forward to demonstrating how this type of work can increase aircraft availability at lower cost,`` said Mark
Jarvis, S-3 program manager for LM Aero.

LM Aero won the competition for the PVS contract over a wide field of bidders. LM Aero was selected due to their strong S-3
technical knowledge and cost competitiveness.

``We`re confident that we`ll deliver the best value for the Navy customer and as the prime weapons system integrator of the S-3B,
we have the technical expertise required to meet the contract requirements,`` said Jarvis.

Lockheed Martin Aero is currently executing a $40 million contract to perform a Full Scale Fatigue Test of the S-3 airframe to
verify that critical structural modifications will allow the S-3 fleet to reach desired service life goals. ``The PVS contract fits well
with the fatigue testing we`re already doing on the S-3. We`ve made great progress with fatigue testing and the data we`re
gathering will be extremely useful in future work with the S-3,`` said S-3 Air Vehicle Manager, Dave Campbell.

The work on the PVS contract will be performed by a Lockheed Martin team at naval facilities, NAS-Jacksonville.

Lockheed Martin Aeronautics Company is a leader in the design, development, systems integration, production and support of
advanced military aircraft and related technologies. Its customers include the military services of the United States and allied
countries throughout the world. Products include the F-16, F-22, C-130, C-5, P-3, S-3, F-117, U-2, X-33 and Joint Strike Fighter,
among other renowned aircraft. LM Aeronautics is a unit of Lockheed Martin Corporation (NYSE: LMT - news) headquartered
in Bethesda, Md., and is a global enterprise principally engaged in the research, design, development, manufacture and integration
of advanced-technology systems, products and services. The corporation`s core businesses are systems integration, space,
aeronautics and technology services.

SOURCE: Lockheed Martin Aeronautics Company

[Gatsby2]

Politischer Druck und noch mehr Geld fuer die F-22. Zwei Nachrichten hintereinander.

Lockheed Martin Corp., Marietta, Ga., is being awarded a $40,000,000 modification to a
firm-fixed-price contract to provide for one month (March 2001) advance procurement in
support of Low Rate Initial Production of thirteen F-22 aircraft and associated equipment
(Lot II). The work will be performed at The Boeing Co., Seattle, Wash. (52%), Lockheed
Martin Corp., Ft. Worth, Texas (35%), and other locations. Aeronautical Systems Center,
Wright-Patterson Air Force Base, Ohio, is the contracting activity (F33657-00/0020,
P00002).


Further Delay Will `Effectively Kill F-22,` 59 Lawmakers Say
Monday, March 5, 2001 06:21:31 PM - Phillips Business Information




Mar. 05, 2001 (Defense Daily, Vol. 209, No. 42 via COMTEX) -- By Frank Wolfe

A recent letter to Defense Secretary Donald Rumsfeld from 59 representatives
said that the members "are very concerned that further delay will effectively
kill the Air Force`s number one modernization program," the Lockheed Martin
[LMT] F-22 fighter.

The Air Force has been hoping for months to gain approval from the Pentagon to
enter low-rate initial production (LRIP) for 10 aircraft. The program has
completed 11 congressionally mandated criteria, but the decision to enter LRIP
appears to be on hold pending the outcome of Rumsfeld`s top-to-bottom Pentagon
review.

The review, which is to recommend a U.S. military strategy, is to be finished by
the end of the month, the same time that about $350 million in bridge funding to
sustain the F-22 program runs out.

"We strongly urge you not to defer the decision to move forward with the
low-rate production of the F-22," according to the March 2 congressional letter.
"The F-22 is the only program that will ensure total dominance of the skies for
U.S. combat forces well into the middle of this century, and it is ready to move
into low-rate initial production. We need the F-22 now, but it isn`t scheduled
to enter the force until 2005."

Among the members who signed the letter are House Majority Leader Dick Armey
(R-Texas), Reps. Norm Dicks (D-Wash.) and Saxby Chambliss (R-Ga.)--co- chairmen
of the House Airpower Caucus, Martin Frost (D-Texas), chairman of the House
Democratic Caucus, and Floyd Spence (R-S.C.), chairman of the House Armed
Services Committee`s procurement panel.

The F-22 and Joint Strike Fighter are to replace the Air Force`s current
high-low mix of Boeing [BA] F-15 and Lockheed Martin F-16 aircraft.

"The JSF will be designed mainly for the ground-attack role, and it will
leverage technologies that have been developed for the F-22. In fact, without
the F-22, the JSF will have to be redesigned and reconfigured to meet the
requirements that our military will face in the future," the congressional
letter said. "This will result in significant delay and increase in cost to the
JSF program."

[Gatsby2]

Das waere ja zu schoen. Ein upgrade fuer die komplette Luftraumueberwachung fuer die FAA im Volumen von "Hunderten von Millionen Dollar" in den naechsten zehn Jahren.



Tuesday March 6, 2:29 am Eastern Time

FAA preparing to skip bids, award contract to Lockheed-NYT

NEW YORK, March 6 (Reuters) - The Federal Aviation Administration (FAA) is preparing to skip competitive bidding and choose the Lockheed Martin Corp (NYSE:LMT - news) to design and build a replacement for the heart of its antiquated long-distance air traffic control system, the New York Times reported in its online edition Tuesday.

The move is a radical new approach to the agency`s problems with delays and dead-ends in the effort to modernize, the paper said.

The FAA has proposed giving Lockheed Martin the contract to replace the computing system in its high-altitude, long-distance air traffic control centers, a job that will run into the hundreds of millions of dollars over the next decade, the paper said.

One reason for giving the air traffic control contract to Lockheed, officials were reported as saying, is that the company has become intimately familiar with the system over the last few years in performing other work, including replacing old computers in the centers just before the end of 1999, in a high-priority job dictated by fear of the Year 2000 problem.

Such familiarity with the system is essential, the FAA was reported as saying, because it has only until 2008 to install new computers before IBM (NYSE:IBM - news) stops making parts for its current system.

The agency said opening the contract to other bidders would only be a waste of time and money, the paper reported.

Agency officials said that they were leaning toward issuing a no-bid contract because they did not believe any other companies had the requisite expertise, and because opening the process to other bidders would force the FAA to bear the winner`s cost of preparing such a proposal, the paper said.

Lockheed shares finished up 14 cents at $38.44 on the New York Stock Exchange Monday. The stock has a 52-week high of $38.30 and a 52-week low of
$16.50.

New York Newsroom [phone]

[Gatsby2]

Gestern Abend gab`s im Zweiten ja gerade so schoene Bilder mit Webcams. Unter anderem auch von Kreuzfahrtschiffen.

Dazu passend heute Nachrichten von LMGT:

Tuesday March 6, 9:02 am Eastern Time

Press Release

COMSAT Mobile Communications Adds Silversea Cruises` Newest Ship

Provides Satellite Capacity for Entire Fleet

MIAMI & BETHESDA, Md.--(BUSINESS WIRE)--March 6, 2001--COMSAT Mobile Communications (CMC), a business unit of Lockheed Martin Global
Telecommunications (LMGT), today announced it has signed an agreement with Silversea Cruises, Limited extending CMC satellite communications service to the entire Silversea fleet, including the newest ship in the Silversea family, the Silver Whisper.

The agreement calls for CMC to continue to provide global voice and data communications for Silversea`s fleet of ultra-luxury, all-suite cruise ships. (See CMC Press Release July 5, 2000.)

COMSAT`s C-Band satellite communications give the Silversea fleet one of the most advanced shipboard satellite communications solutions available today.

The satellite communications service will couple local and wide area networking with broadband technology to facilitate cost-effective and rapid transfer of large data files, while offering their guests and crew voice, e-mail, and a full range of Internet services.

CMC`s complete package of voice and data services is scheduled for availability aboard the Silver Whisper for its July 2nd maiden voyage. Last year, CMC`s C-Band service was installed aboard the 296-passenger Silver Cloud and sister ship Silver Wind, as well as the 382-passenger Silver Shadow.

``It is becoming increasingly important for people to stay connected in this fast paced global environment, and understanding this, Silversea is committed utilizing leading edge technology to provide its guests with the Internet and communications services they demand and deserve,`` said Irv Mednick, Silversea`s vice president of information technology.

``CMC is committed to providing Silversea`s guests and crew quality global communications, regardless of where they are cruising,`` said Kathryn Y. Holman, vice president and general manager of COMSAT Mobile Communications. ``CMC`s satellite communications services allow our maritime customers global access to the Internet, and the ability to respond to e-mails, download files and stay in touch with home, office, and friends.``

Silversea Cruises is the defining name in ultra-luxury cruising as distinguished by its all-suite ships, all-inclusive fares, exotic itineraries and genuine hospitality.

By far the most comprehensive in the industry, Silversea`s air/sea fares include all ocean-view suite accommodations, roundtrip airfare, deluxe pre-cruise accommodations, all beverages including wine, spirits and champagne, all port charges, all gratuities, transfers and porterage, and a special shoreside event on select sailings.

In 2000, the line was named for an unprecedented fifth consecutive year as the ``World`s Best Small Ship Cruise Line`` in the annual Conde Nast Traveler Readers` Choice Awards.

COMSAT Mobile Communications provides maritime, aeronautical and land mobile satellite data solutions to meet the global needs of customers for low and
high-speed data, Internet access, and voice communications services via the Inmarsat satellite system.

With more than 25 years of mobile satellite communications experience, COMSAT Mobile is a name that means high quality with ``around-the-clock`` customer service.

Lockheed Martin Global Telecommunications, a wholly owned subsidiary of Lockheed Martin Corporation (NYSE:LMT - news), delivers secure, reliable,
advanced-technology products and services to help enterprise customers leverage their telecommunications and information technology assets.

LMGT has annual revenues in excess of $1 billion and employs 4,000 personnel worldwide with major points of presence in North and South America, Europe, and Asia.

Contact:

COMSAT Mobile Communications
Tom Surface, 301/214-3419

[Micky_Maus]

Den 100. Beitrag hier von mir:

Wer zu so später Stunde schon im Bett war und zuvor das ARD-Magazin FAKT sah, bekam interessante Aspekte zum Abwehrprogramm NMD:

-Die durchgeführten Tests dazu waren bislang wenig erfolgreich
-Ein russischer Experte glaubt, dass die Abwehrraketen leicht auszutricksen seien durch den Abschuß sog. Raketen-Attrappen
-Kanzler Schröder spricht neuerdings von etwaigen Aufträgen für die dt. Industrie. Dabei weiß man doch, dass seinerzeit aus dem SDI-Programm nur einige unbedeutende Aufträge für Europa abfielen.

Obwohl FAKT als nicht sonderlich Amerika-freundliches Magazin bekannt ist, kommen einem Zweifel, ob die USA da nicht ein neues Milliardengrab aufmachen. Zudem könnte ein neues Wettrüsten einsetzen.

[Gatsby2]

Hi Micky , schoen, Dich mal wieder zu treffen. Und dann auch noch auf so einem schoenen runden post ...

Mit Deiner Ansicht zu der National Missile Defense stimme nicht nur ich, sondern auch die ueberwiegende Mehrzahl aller Experten ueberein.

Die Testreihen waren bislang schlicht eine Katastrophe. Ausser einem einzigen Beinahe-Treffer ist jeder Test gruendlich daneben gegangen. Beim letzten Mal hat sich das EKV (=Exoatmospheric Kill Vehicle) gleich gar nicht erst vom Booster getrennt und ist als Altmetall zusammen mit der abgebrannten Rakete in den Orkus gegangen. Verzoegerungen gab es auch bei der Entwicklung und Herstellung weiterer Komponenten. Nachdem Boeing mit der Lieferung der eigentlich vorgesehenen Rakete ueber 15 Monate in Verzug ist, hat das Pentagon vor etwa 4 Monaten Lockheed um die Entwicklung eines Konkurrenzprodukts ersucht.

Auch die Konfiguration der Testreihen ist lange kritisiert worden. Den lustigsten Versuch hatten sie bei Fakt gar nicht gebracht: kritische US-Wissenschaftler haben eine Simulation durchgefuehrt, bei der die angreifende ballistische Rakete neben dem eigentlichen Sprengkopf noch ein paar Dutzend folienbeschichtete Ballons ausstoesst. Es war damit nicht mehr moeglich das echte Ziel von den Attrappen zu unterscheiden.

Mittlerweile ist auch das Pentagon dahintergekommen:

Monday March 5, 6:48 pm Eastern Time

Pentagon expert says U.S. missile tests too simple

By Jim Wolf

WASHINGTON, March 5 (Reuters) - Tests of a proposed multibillion-dollar U.S. missile
shield are too simplistic to make decisions about moving from research to deployment, the
Pentagon`s testing and evaluation office said on Monday.

The test program is ``not aggressive enough to match the pace of acquisition to support
deployment and the test content does not yet address important operational questions,`` wrote Philip Coyle, the former director,
before resigning in January.

In his annual report to Congress, Coyle said more aggressive testing would be necessary ``to adequately stress design limits and
achieve an effective initial operational capability by the latter half of this decade.``

President George W. Bush has committed to fielding a shield as soon as technically feasible to defend at least the United States
and possibly allies against a limited strike of ballistic missiles from a ``rogue state.``

A national missile defense (NMD) -- linking radar stations, space sensors and rockets -- is projected by the Congressional Budget
Office to cost at least $60 billion.

Bush has left open the possibility of a layered approach, adding ship- and space-based systems, that would cost tens of billions
more. Raytheon Co (NYSE:RTNa - news) based in Lexington, Massachusetts, would have a role in three of the four main
systems under review. The other big players are Lockheed Martin Corp (NYSE:LMT - news), Boeing Co (NYSE:BA - news),
General Dynamics (NYSE:GD - news), Litton Industries (NYSE:LIT - news) and TRW Inc (NYSE:TRW - news).

Former President Bill Clinton said on Sept. 1 that based on the testing data available to him he lacked enough confidence in the
technology and operational effectiveness of the system to start building. He acted after the interceptor failed in two of three tests.
China, Russia and many U.S. allies strongly oppose NMD on the grounds it would upset the strategic balance and trigger new
arms races.

TESTS SHOWED `BASIC FUNCTIONALITY`

Coyle said the flight test program had demonstrated ``a very basic functionality of NMD surrogates and prototypes.``

The initial deployment of 20 interceptors, which could be ready by 2006 if Bush signs on in coming months, is meant to defend
against ``tens`` of missiles with a residual capability against small-scale unauthorized or accidental launches by the major declared
nuclear powers.

Coyle said the established nuclear powers already use decoys and other countermeasures with their missiles that go beyond the
level of sophistication projected in current U.S. tests.

``The test program needs to broaden the scope of countermeasure testing if it is to quantify not only the `residual` capability that is
part of the NMD operational requirements, but also assess the design margin and growth potential of the system design,`` Coyle
wrote.

A spokesman for the Pentagon`s Ballistic Missile Defense Organization defended the current countermeasure test mix as
representative of ``an unsophisticated threat`` of the type projected to come from North Korea or Iran.

``The system we`re developing now is designed to meet what we believe is the threat from rogue nations ... and not China or
Russia,`` said Air Force Lt. Col. Rick Lehner, the spokesman.

But he said the Pentagon office in charge of the program had already integrated a number of Coyle`s earlier suggestions for
upgrading the testing and was still mulling others.

``We find his reports to be very good,`` Lehner said.

Steve Hildreth, a missile defense expert at the nonpartisan Congressional Research Service, said Coyle`s latest report provided
ammunition to both NMD boosters and detractors.

But on balance, it showed the United States has ``a long way to go`` before it can deploy an effective system, he said.

[Gatsby2]

Und noch eine Analystenansicht. GO, LMT!!!

Market Report -- Story Stocks (LMT, NOC, ATK, UTX, LOR)
March 06, 2001 2:43:00 PM ET

Lockheed Martin (LMT) 37.24 -1.20: Lockheed shares are selling off today in a mixed
market for the defense sector. Yesterday saw new 52-week highs in quite a few defense
stocks, Northrop Grumman (NOC), Alliant Techsystems (ATK), United Technologies
(UTX), and Lockheed Martin all broke out to new highs. In light of yesterday`s gains, it is
not surprising to see some profit taking in the defense contractors, especially considering
today`s overall market strength. However, we`re not turning sour on the sector and we still
like Lockheed. Today`s New York Times reports that the FAA is considering skipping the
bid process altogether and handing LMT a major contract to revamp the nation`s air control
system. The financial details are not known, but the article states that the job will run into,
"the hundreds of millions of dollars over the next decade." Because Lockheed owns much
of the air traffic-related assets of Loral (LOR), which was the contractor responsible for
the FAA`s Advanced Automation System, the FAA apparently feels opening up the bidding
process would be counter-productive. The lack of competing bids effectively allows LMT
to charge the FAA a premium price for their work, and the consensus opinion is that the
FAA desperately needs a system upgrade...now. Certainly some of Lockheed`s
competitors are bitter about not being allowed to bid on the job, but they are likely to keep
quiet for fear of losing potential subcontractor jobs on the project. Secretary of Defense,
Donald Rumsfeld is in the midst of a massive review of ongoing defense projects, and the
likely outcome is a significant increase in defense spending. Lockheed is well positioned to
take advantage of the Bush Administration`s promise to restore the armed forces, and even
after yesterday`s new 52-week high, we remain bullish on the stock and expect LMT to
return to the mid $40 neighborhood. -- Matt Gould, Briefing.com

[Gatsby2]

Ein kleiner Schritt zurueck ins kommerzielle Luftverkehrsgeschaeft: Lockheed bekommt die Zertifizierung zur Pilotenausbildung auf Airbus A-320 und Boeing B-737.

Wednesday March 7, 8:48 am Eastern Time

Press Release

Lockheed Martin Receives FAA Certification for Commercial Pilot Training

Company Provides Pilot Training On A320 and B-737 Aircraft Simulators

ORLANDO, Fla.--(BUSINESS WIRE)--March 7, 2001--Lockheed Martin (NYSE:LMT - news) is now fully certified by the FAA to provide pilot training on its
A320 and B-737 aircraft simulators at the Lockheed Martin Information Systems` Commercial Flight Training Center in Orlando.

Airline pilot-candidates arriving for initial training and veteran pilots fulfilling periodic re-certification requirements will undergo training in the center`s full-flight
simulators. Lockheed Martin`s A320 and B-737 Electronic Flight Instrument System (EFIS) training simulators have received the Federal Aviation Administration`s
Level C certification. Level C training allows pilots to qualify for actual flight duty after completing simulator flight training. A B-737 Next Generation full-motion
simulator is to be installed in the third quarter of 2001.

``Lockheed Martin`s more than 20 years of providing military pilot training is a solid foundation on which to expand our service to new commercial customers,`` said
Lockheed Martin Information Systems President John Hallal. ``Lockheed Martin has a tradition of fulfilling the customized needs of both military and civilian
customers around the world. The Orlando location provides a wide range of support accommodations for flight crew training, with direct flight service from most
airports.``

Lockheed Martin`s Commercial Flight Training Center is a 50,000 square-foot facility currently operating two full-motion flight simulators with plans to bring a third
simulator online by October 2001. Expansion space will accommodate a total of seven simulators.

Along with full-motion training simulators, the Commercial Flight Training Center has a full range of support services, factory-trained simulator technicians, a
professional training staff and 15 classrooms equipped with sophisticated computer-based flight training materials.

Headquartered in Bethesda, Md., Lockheed Martin is a global enterprise principally engaged in the research, design, development, manufacture and integration of
advanced-technology systems, products and services. The Corporation`s core businesses are systems integration, space, aeronautics, and technology services.

For additional information, visit our website: http://www.lockheedmartin.com/lmis

Contact:

Lockheed Martin
Michael Mulleavey, 407/306-1730
e-mail: [e-mail]

[Gatsby2]

Irgendwie stinkt das Ausschreibungsverfahren gewaltig. Im Hinblick auf das neuerliche Ueberdenken aller Ruestungsprogramme durch die Regierung kann langsam die Frage aufkommen, ob die neue Administration in Washington noch mehr Schmiergeld braucht. Gottseidank steht die Airforce voll hinter dem Projekt, das jetzt seit 15 Jahren zu Lasten der Aktionaere laeuft...

Thursday March 8, 7:00 pm Eastern Time

Lockheed takes new F-22 delay in stride

By Jim Wolf

WASHINGTON, March 8 (Reuters) - Lockheed Martin (NYSE:LMT - news) Corp.
welcomed Thursday a Pentagon plan to keep funding its controversial F-22 fighter jet program
until the Bush administration winds up a sweeping strategic review later this year.

``We`re pleased to learn that the Department of Defense has decided to pursue additional `bridge` funding,`` said Sam Grizzle, a
spokesman in Marietta, Georgia, where test models of the air-to-air fighter have been assembled.

``Further bridge funding will allow us to continue developing, building and testing the F-22 and prevent our valued subcontractors
and suppliers from enduring unnecessary financial hardship while the review is ongoing,`` he said.

Defense Secretary Donald Rumsfeld said in a letter to Congress sent Wednesday that he was delaying a decision on whether to
approve initial production of the radar-evading F-22 until his review is complete.

The $61.9 billion F-22 program, which would supply the Air Force with 339 of the aircraft, is considered highly vulnerable to
cancellation or cuts as a result of the weapons review. In 1997, the Pentagon trimmed the planned buy from 448 aircraft.

Rumsfeld asked four congressional committees to keep the F-22 funded through Sept. 30, using $674.5 million earmarked for the
program`s later years.

Earlier this year, Congress approved $350 million in similar ``bridge`` funding to carry the project through March 31. Lockheed
Martin, the prime contractor, was the top supplier to the Pentagon for the fifth straight year in fiscal 200 with $15.1 in prime
contract awards, up from $12.7 the year before.

The F-22, at about $180 million per copy, is scheduled to replace the F-15C as the world`s most advanced fighter. Due to be
operational in December 2005, it was designed to keep one step ahead of anticipated improvements in fighters of the former
Soviet Union.

Richard Aboulafia, a warplane expert at the Fairfax, Virginia Teal Group consultancy, predicted the new delay, the latest in a long
series, would lead to a final production decision.

``To me it`s unthinkable that you`d spend $25 billion in non-recurring development costs and not deploy at least a few of these,`` he
said.

Steve Grundman, director of aerospace and defense consulting at Boston-based Charles River Associates, also saw the glass as
half full for Lockheed.

Rumsfeld`s request for almost another $700 million ``would seem to defeat any suggestion that there is a presumptive bias in this
new administration against the program,`` he said.

The Air Force said it still needed the F-22 for ``air superiority.``

``We`re confident we`ll achieve the necessary production efficiencies to deliver this aircraft within congressionally mandated cost``
limits, said Gloria Calles, an Air Force spokeswoman.

Rumsfeld said the juggled funding was critical to avoid ``significant cost increases and serious erosion of the F-22 supplier base`` if
money dried up and contracts had to be renegotiated.

[Gatsby2]

Viel zu Lesen, aber trotzdem Pflichtlektuere fuer jeden, der sich fuer die US-Ruestungsindustrie interessiert ...

Bush Team Rethinking Military Strategy


By David Bond/Aviation Week & Space Technology

09-Mar-2001 5:12 PM U.S. EST



President George W. Bush`s defense program, which only two months ago was widely
expected to be a scaled-down version of Ronald Reagan`s 1980s buildup, is coming to look
like a shake-up instead.


Seven weeks ago, everything seemed simple. Bush was newly sworn in as the 43rd
President of the United States. His campaign commitment to strengthen the nation`s
defenses was taken by the military and aerospace communities to mean budget constraints
of the 1990s decade would be relaxed. The presence of former Defense Secretary Dick
Cheney in the White House as vice president, the return of Donald Rumsfeld to the
Pentagon for a second tour as secretary and the appointment of Colin Powell as secretary
of State put national security in the hands of an experienced, knowledgeable team.


NOW, NOTHING IS SIMPLE. Military leaders who were developing wish lists in
anticipation of an immediate infusion of funds, like Reagan`s in 1981, know better. Andrew
Marshall, director of net assessment and, as such, the head of what is called the Pentagon`s
in-house think tank, is conducting a review of strategy and forces, with results expected
this month. Rumsfeld has been charged by Bush with analyzing forces, strategy and the
application of new technology. And Bush himself gave enough of a policy preview on Feb.
13 to indicate that he has more in mind than most people thought.


In a speech at Norfolk, Va., Bush said he has given Rumsfeld "a broad mandate to
challenge the status quo as we design a new architecture for the defense of America and
our allies.


"We will modernize some existing weapons and equipment . . . but we will do this
judiciously and selectively. Our goal is to move beyond marginal improvements to harness
new technologies that will support a new strategy.


"We do not know yet the exact shape of our future military, but we know the direction we
must begin to travel. On land, our heavy forces will be lighter. Our light forces will be more
lethal. All will be easier to deploy and to sustain.


"In the air, we`ll be able to strike across the world with pinpoint accuracy, using both
aircraft and unmanned weapons.


"ON THE OCEANS, we`ll connect information and weapons in new ways, maximizing our
ability to project power over land. In space, we`ll protect our network of satellites . . . ."
Bush made no specific mention of his commitment to develop and field defenses against
ballistic missiles.


The specifics of these broad initiatives, and of references in the speech to the need for
advancing information, stealth and precision guidance technologies, probably will take most
or all of 2001 to develop. Following Marshall`s report and Rumsfeld`s analyses, the
Pentagon will prepare its Fiscal 2003 budget during the second half of this year. And it is
scheduled to complete this fall its Quadrennial Defense Review of missions, strategies and
forces. The review conducted in 1997 essentially confirmed and continued the
post-Cold-War military policies developed by Bush`s father, George H.W. Bush, when he
was president. This year`s apparently will look far beyond them.


The 2001 timetable means that little of a new Pentagon policy, if there is to be one, will find
its way into the Fiscal 2002 budget, which finances the year that begins this Oct. 1. That
budget was prepared for the most part by the Clinton Administration, and Bush is expected
to send details of it to Congress next month. In his Feb. 13 speech, Bush said he will add
$2.6 billion to the Clinton budget "as a down payment on the research and development
effort that lies ahead." But major initiatives will wait for Fiscal 2003.
That will make 2001 an anxious time for industry. There is little to be gained as Congress
deals with the Fiscal 2002 budget, but there is much to be lost. Congress will do its
customary job, making many changes in individual programs while staying within totals of
the various budget categories. Beyond working as usual against programs they oppose,
senators and House members may try this year to weed out programs that seem not to fit
within their own perceptions of Bush`s Norfolk vision. For aerospace companies, the goal
will be survival of their programs this year and retention of them in the Pentagon`s plan for
Fiscal 2003.

That said, one industry Washington-watcher predicted a calm before whatever storm
erupts next winter. Congress probably will work on the Fiscal 2002 budget until late in the
session and is unlikely to make big decisions this year, he said. "I think this will be a
transition year in which Congress will continue to do its oversight and its review at the
program level. I expect it probably is in a mood to wait for the new Administration to
develop the full plan."


The Administration clearly thinks of Fiscal 2002 as a transition year also. A Bush
Administration official described the defense portion of the federal budget totals sent to
Congress on Feb. 28 as "getting ready to restructure our nation`s military." The amount,
$310.5 billion, includes the R&D down payment. Overall, the Administration is emphasizing
increases for education and medical research.


At Norfolk, Bush put it this way: "The first budget I will send to Congress makes only a
start. Before we make our full investment, we must know our exact priorities, and we will
not know our priorities until [Rumsfeld`s] defense review is finished. That report will mark
the beginning of a new defense agenda and a new strategic vision and will be the basis for
allocating our defense resources."


There is a theory among industry skeptics, perhaps in the whistling-past-the-graveyard
category, that what Bush has said so far amounts to window dressing, and that the product
of policy reviews will be a conventional buildup after all, with new departures as a garnish.
The majority is taking Bush at his word, however, and waiting to find out what that entails.


AS SKETCHED OUT THUS FAR, Bush`s policies are an abrupt departure from what
most military leaders, aerospace industry executives and Washington politicians expected
from him. People with a stake in specific weapon systems, regardless of whether they are
in production, in development or knocking on the door, are scrambling to portray their
projects as essential to or at least consistent with Bush`s Norfolk outlines.


"Most people who`ve been doing this for years have never felt this much uncertainty," said
an aerospace company representative in Washington who is responsible for sales of one of
its major weapon systems.


Uncertainty will persist at least through the Quadrennial Defense Review. If no more than
tinkering with current policy were expected, no one would be surprised if the QDR lasted
beyond its planned completion this fall. But circumstances are extraordinary. Bush has
made clear his skepticism about current U.S. military commitments, which drive force
structure. Strategy and force structure are at the core of the QDR.
Most prominent among strategic concepts is the so-called 2MRC requirement, the ability of
U.S. forces to carry out two Major Regional Conflicts simultaneously. 2MRC was meant
to supplant the Cold War concept of defending Europe and fighting one war, as in Vietnam.
Speculation that a country like North Korea might try to take advantage of a U.S. action
like Desert Storm gave 2MRC impetus.


Projecting the force structure needed for 2MRC, independent analysts see shortfalls in
military procurement projections in effect as the Clinton Administration left office. Most
estimates of the shortfall are $20-40 billion per year. Clinton`s procurement total for Fiscal
2002 was about $60 billion.


There is some concern in industry that Bush`s questions about commitments and his
embrace of new concepts, such as unmanned aerial vehicles (UAVs) and standoff attack,
may represent an attempt to avoid dealing with these shortfalls, justifying expedient
decisions through after-the-fact analysis.


Not so, Bush said in the Norfolk speech. "Our defense vision will drive our defense budget,
not the other way around," he said.


An aerospace industry executive commented that known views and early actions indicate
that the Bush national security team is ready to move beyond a post-Cold-War worldview.
Russia will be treated as part of Europe, not separately. Similarly, the new Administration
apparently will handle the Israeli-Palestinian peace process in a regional context that takes
access to oil into consideration. Peacemaking and peacekeeping policy will be shifted
toward engaging fewer U.S. forces in situations that can be handled by other powers,
notably NATO. Terrorism and nonnational threats, up to and including weapons of mass
destruction, will get more emphasis.


Estimates of budget shortfalls exclude any buildup in funding for National Missile Defense,
the centerpiece of Bush`s defense program during the election campaign. Relatively modest
Clinton Administration plans have been estimated to cost $60 billion. A Bush program has
yet to be defined, but most defense watchers expect it to be more elaborate--and
expensive--than Clinton`s.


There is more skepticism in industry about missile defense than an outsider might expect.
One executive noted that it will squeeze other defense programs for funds, whatever it
costs, and said an Apollo-like Mars program would be a better investment. "We don`t need
a Maginot Line," he said. "We need something that`s outgoing and risky, something that will
pull our country along." Another official questioned the feasibility of missile defense: "We`ll
just have to see what the laws of physics do to them."


A THIRD OFFICIAL SPOKE for the majority when he portrayed missile defense as a
logical successor to the Cold War concept of mutually assured destruction. "I`ve never
been able to figure out why, if it`s technically possible to defend the country, you wouldn`t
want to do it," he said. The biggest problem about missile defense, he said, is that it has
been constrained during the past decade; systems that might be deployed in the near term
are very limited, capable of dealing only with weak threats.

[Gatsby2]

Nur`n bisschen Druck auf Boeing, oder zeichnen sich hier wirklich gute Nachrichten ab?? Von Boeings Raketenabteilung hoert man schliesslich schon lange nichts gutes mehr.

Monday March 12, 2:58 am Eastern Time

Boeing rocket hits snags, USAF may pick rival-WSJ

NEW YORK, March 12 (Reuters) - Boeing Co.`s (NYSE:BA - news) leading rocket program,
the Delta IV, is facing problems on two fronts: the Air Force is threatening to choose rival
Lockheed Martin Corp. (NYSE:LMT - news) for an important launch next year, and a further
slump in the commercial market is undermining the project`s profitability, the Wall Street
Journal reported in its online edition Monday.

Engineering problems with the rocket`s main engine are causing the Air Force to consider scratching plans to put the initial
government payload aboard a Delta IV in the first half of 2002, industry and government officials were reported as saying.

Although no final decision has been made, the service has taken the preliminary steps necessary to allow it to give the launch to
Lockheed, the paper said.

The Lockheed team ``is closer to meeting Air Force certification`` for the first government flight than Boeing, Gen. Eugene Tattini,
head of the Air Force`s Space and Missile Systems Center, was quoted as saying.

The Air Force`s Space and Missile Systems Center is in charge of the new generation of more efficient, multipurpose launchers
each company is developing, the paper noted.

An escalating falloff in commercial satellite launches has further reduced revenue projections for Boeing`s family of Delta
launchers over the next few years, the paper said.

That sharp slowdown in launches of low-Earth-orbit satellites means Boeing will find it difficult to meet its payback projections on
the rocket, which has so far cost at least $2 billion, the paper said.

[Gatsby2]

Re: Micky Mouse

Angesichts des Kursverlaufes des heutigen Tages ist es jetzt wohl angezeigt, sich ein wenig ueber die Einzelheiten unserer kleinen Wette zu unterhalten. Bekomme ich mein Schnitzel schon dann, wenn Lockheed erstmals ueber $40,-- gehandelt wird, oder erst dann, wenn sie dort schliesst?

[Gatsby2]

Oh, jetzt nennen sie es schon historisch ... Vielleicht sind $ 40,-- doch noch nicht das Ende der Fahnenstange.



Monday March 12, 1:20 pm Eastern Time

Press Release

SOURCE: Lockheed Martin Aeronautics Company

Lockheed Martin`s Navy JSF Completes Historic Flight-Test Program

PATUXENT RIVER, Md., March 12 /PRNewswire/ -- The Lockheed Martin Joint Strike
Fighter (JSF) X-35C, flying at a rate of up to six missions per day, completed its flight-test
program with all objectives achieved on Sunday, March 11, at Naval Air Station Patuxent
River, Md. The airplane logged a total of 73 flights and 58 hours aloft.

``This is a milestone in what is clearly one of the most successful flight- test programs in
aviation history,`` said Tom Burbage, executive vice president and general manager of the
Lockheed Martin JSF program. ``Our team kept the X-35C`s design common with our other
JSF variants, but gave this plane some unique features to optimize it for carrier operations. The
outcome, as we`ve shown in flight testing, is a magnificent carrier strike aircraft that for the
first time will bring the element of stealth technology to the Navy.``

The X-35C carrier variant (CV), designed to demonstrate carrier-suitable flying qualities for
the United States Navy, first flew on Dec. 16, 2000. On Jan. 31, it became the second
Lockheed Martin JSF demonstrator to fly supersonic, and on Feb. 10 it flew from coast to
coast, becoming the first ``X`` plane in history to complete a transcontinental flight. Eight pilots
have flown the aircraft.

``I could tell from the first flight that the X-35C was going to be representative of a very good
carrier plane. When we began aggressive FCLPs (field carrier landing practices) the aircraft
really showed off its superb responsiveness and controllability,`` said test pilot Joe Sweeney, a
former U.S. Navy carrier pilot. ``We deliberately forced errors in the glide slope, speed and
line-up, challenging the plane`s ability to respond, and it performed exceedingly well. I can`t say
enough about this engineering and flight test team.``

During an FCLP, the pilot shoots an approach exactly as he would on an aircraft carrier. The
X-35C, which features a larger wing and control surfaces than the other JSF variants,
completed 250 FCLPs during testing.

``We put the airplane through a battery of practice carrier approaches in a very short time. The
airplane`s performance was outstanding,`` said Lt. Cmdr. Greg Fenton, a U.S. Navy test pilot
assigned to the X-35. ``Several of Strike`s Landing Signal Officers (LSOs) got an opportunity
to observe the airplane `on the ball`, and were quite impressed with its ability to handle
intentional deviations during the practice carrier landings.``

The X-35C becomes the second Lockheed Martin JSF variant to successfully complete a flight-test program. The JSF X-35A
conventional takeoff and landing (CTOL) variant finished its testing on Nov. 22, 2000, establishing a host of new flight-test
records. Both aircraft completed all test points required by the government, as well as additional Lockheed Martin JSF team
objectives designed to reduce technical risk.

JSF X-35 Milestones
2001
March 11 -- The X-35C completes its flight-test program with all
objectives achieved.
March 10 -- The X-35B achieves full operational thrust from its STOVL
propulsion system during force and moment testing.
March 1 -- The X-35C, piloted by Lt. Cmdr. Greg Fenton (USN), successfully
completes its 100th field carrier landing practice (FCLP) test.
Feb. 22 -- The short-takeoff/vertical landing (STOVL) JSF X-35B begins
testing its shaft-driven lift-fan propulsion system on a specially
designed hover pit.
Feb. 18 -- Lt. Cmdr. Greg Fenton becomes the second U.S. Navy pilot, and
the eighth pilot overall, to fly the X-35C.
Feb. 9-10 -- The X-35C completes a 2,500-mile transcontinental flight from
Edwards Air Force Base, Calif., to Patuxent River Naval Air Station, Md.
The coast-to-coast flight is believed to be the first ever for an "X"
plane.
Jan. 31 -- The X-35C flies supersonic.
Jan. 30 -- Maj. Art Tomassetti becomes the first U.S. Marine to fly the
X-35C.
2000
Dec. 28-29 -- The shaft-driven lift fan is installed in the JSF X-35B
short-takeoff/vertical landing (STOVL) variant.
Dec. 22 -- Lt. Cmdr. Brian Goszkowicz becomes the first U.S. Navy pilot to
fly the X-35C.
Dec. 16 -- The X-35C, piloted by Joe Sweeney, makes its first flight, from
Palmdale, Calif., to Edwards Air Force Base.
Nov. 22 -- The X-35A completes its flight-test program with all objectives
and test points achieved.
Nov. 21 -- The X-35A flies supersonic.
Nov. 18 -- Squadron Leader Justin Paines becomes the first Royal Air Force
pilot to fly the X-35A.
Nov. 11 -- The X-35A completes its first aerial refueling. Chief Test
Pilot Tom Morgenfeld praised the plane`s stability, saying, "Far and away
the easiest tanking I`ve done."
Nov. 10 -- Maj. Art Tomassetti becomes the first U.S. Marine to fly the
X-35A.
Nov. 3 -- Lt. Col. Paul Smith becomes the first U.S. Air Force pilot to
fly the X-35A.
Oct. 24 -- The X-35A, piloted by Tom Morgenfeld, makes its first flight,
from Palmdale, Calif., to Edwards Air Force Base.


Lockheed Martin, in partnership with Northrop Grumman (NYSE: NOC - news) and BAE SYSTEMS, is competing to build the
JSF for the United States and United Kingdom. Government selection of a single contractor for the Engineering and
Manufacturing Development phase is set for fall 2001.

For information on JSF and Lockheed Martin Aeronautics Company, visit: http://www.lmaeronautics.com

For information on Lockheed Martin Corporation (NYSE: LMT - news), visit: http://www.lockheedmartin.com

For government information on the Joint Strike Fighter program, visit: http://www.jast.mil

SOURCE: Lockheed Martin Aeronautics Company

[Gatsby2]

Jajaja - noch mehr Waffen in die Welt!! Es gibt ja noch nicht genug ...

Aber solange sie von Lockheed gebaut werden, soll`s mir recht sein. Und mit einem Minister und zwei Staatssekretaeren in der neuen Regierung wird es wohl weitergehen ...

Monday March 12, 4:35 pm Eastern Time

Helms aide urges U.S sell Taiwan Aegis destroyers

By Jim Wolf

WASHINGTON, March 12 (Reuters) - A report by an aide to Senate Foreign Relations Committee Chairman Jesse Helms has
concluded that despite fierce Chinese opposition, the United States should sell a long list of advanced weapons to Taiwan,
including destroyers equipped with the powerful Lockheed Martin (NYSE:LMT - news) Aegis combat system.

Taiwan ``desperately`` needs longer-range weaponry, early warning capabilities and improved command, control and intelligence to
guard against Beijing`s missile buildup across the Taiwan Strait, said the report by James Doran, staff member for Asia and
Pacific Affairs.

But Democratic colleagues said the report, dated March 8, reflected the views of the aide to Helms, a North Carolina Republican,
and not those of the entire committee or the entire staff. A copy was made available to Reuters on Monday.

China considers Taiwan a wayward province. It has been pressing the Bush administration to reject the bid for the Aegis as well
for submarines, P-3 submarine-hunting aircraft and radar-seeking HARM missiles.

The report, based on a Feb. 18 to 23 fact-finding trip, said Taiwan, for at least the third year in a row, was seeking four destroyers
equipped with the Aegis, the most powerful weapon on the shopping list and the most expensive at nearly $1 billion per ship.

Mounted aboard Arleigh Burke-class destroyers, the system features a phased array radar, the AN/SPY 1, designed to track
more than 100 targets simultaneously from the wavetops to the stratosphere.

``Taiwan wants, and Taiwan needs, Aegis destroyers to ... deal with rapidly developing PRC (People`s Republic of China) air and
naval threats,`` Doran wrote. He said he had met President Chen Shui-bian, flag officers from each of Taiwan`s services and
Foreign Ministry representatives as well intelligence officers.

``All of my interlocutors pleaded for full approval of Taiwan`s defense requests,`` he wrote.

Chinese Vice Premier Qian Qichen, a foreign policy expert, is due in Washington March 18 to 24, shortly before a Taiwan
weapons procurement team is expected for annual April talks on the shopping list.

Doran presented what appeared to be the most authoritative summary yet of the closely held Taiwan wish list, although he
described it as pieced together and not an ``official defense request list.``

He said Taiwan was seeking four Kidd-class destroyers as a stepping stone to the more capable Arleigh Burke class, which could
take eight to 10 years to contract for, build, outfit, deliver and put into service.

Under the 1979 Taiwan Relations Act, the United States committed itself to selling Taipei weapons based on the island`s perceived
defense needs.

[Gatsby2]

Interessant. Langsam taucht die Frage auf, wer ueberhaupt noch den Eurofighter kaufen soll. Schliesslich hat der Joint Strike Fighter stealth-Eigenschaften, der Eurofighter nicht. Und obendrein ist der JSF auch noch billiger ...

Monday March 12, 5:38 pm Eastern Time

Italy, Netherlands, Turkey seen as possible JSF partners

By Kristin Roberts

NEW YORK, March 12 (Reuters) - Lockheed Martin Corp. (NYSE:LMT - news), the largest U.S. defense contractor, on
Monday said Italy, the Netherlands and Turkey along with a paired team of Norway and Denmark have signaled interest in
becoming partners on the Joint Strike Fighter attack aircraft program.

Executives leading Lockheed`s development team said those nations may participate on a level below Britain, which is a
collaborative, or Level One, partner on the program.

``Those four, in addition to the U.K., are the ones that we are anticipating at this time to join the program with some sort of an
investment,`` said Tom Burbage, executive vice president and general manager of Lockheed`s JSF team.

``There are a number of other countries below that that could join at a lower level of investment,`` he said. ``And the purpose of
that would be to allow us to give them program briefings, keep them up to speed on the program, and look for a more extensive
involvement somewhere downstream.``

International partnership on the Joint Strike Fighter is dependent on negotiations with the U.S. government, not the defense
contractors, Lockheed noted. Contractors are involved in briefing the nations cleared by the Pentagon.

``Whether or not a country is going to join the program is a government-to-government decision,`` Burbage said.

Britain was the first country to jump aboard the Joint Strike Fighter program, agreeing to invest $2 billion in January. That
represents 8 percent of the total $25 billion development budget for the aircraft, which is designed to serve both air force and naval
forces.

Britain, being the only Level One partner, will also have input in selecting the winning development team this fall. Lockheed is
competing with Boeing Co. (NYSE:BA - news) for the contract, which could yield over $300 billion in U.S. and foreign sales and
service contracts.

Level 2 partners would contribute about half as much as Britain, defense sources said. Italy, Turkey and the Netherlands may
contribute about to $1.2 billion each, Lockheed said.

A paired team of Denmark and Norway may be considered for a stake valued at about $250 million to $500 million on the
program.

``There is another batch of countries below the ones I mentioned that are interested in monitoring the program and could well
come in with a requirement later on,`` Burbage said.

Singapore and Israel are among the countries that have been mentioned by defense industry sources as potential investors at a
lower level.

[Gatsby2]

Tuesday March 13, 7:00 am Eastern Time

Press Release

LMGT Names Stephen Lubniewski President & General Manager for Enterprise Solutions - U.S.

Will Focus on Expanding IT Services & Outsourcing and E-Business/Secure Networking Solutions

BETHESDA, Md.--(BUSINESS WIRE)--March 13, 2001-- Lockheed Martin Global Telecommunications (LMGT) today announced the appointment of Stephen E. Lubniewski as president and general manager of its Enterprise Solutions-U.S. business unit.

Lubniewski will concentrate his efforts on expanding LMGT`s growing portfolio of information technology (IT) services and Infocom-related solutions, including regional data networking services, in high-growth domestic markets. He will also continue building LMGT`s secure networking offerings, including IT outsourcing and e-business solutions for companies based in the U.S.

``In joining LMGT, Steve brings more than 20 years experience in managing large organizations that provide sophisticated IT and networking solutions to public and private sector customers, as well as an impressive background in procurement operations,`` said John V. Sponyoe, chief executive officer of LMGT.

``He is an excellent communicator with a solid technical background and is an excellent choice to lead LMGT`s domestic secure networking and Infocom services business initiatives.``

Lubniewski joins LMGT from Lockheed Martin Systems Integration-Owego, where he served as senior vice president of Systems Solutions. At Owego he led an organization that develops and manages large-scale complex networks meeting enterprise-wide requirements and providing tailored solutions to the federal government and to the commercial information technology marketplace.

Prior to that, Lubniewski served as vice president of Loral and Lockheed Martin`s Sustaining Base Information Systems Program for the U.S. Army.

He directed development of software applications and supervised the design, installation and development of IT and telecommunications infrastructure supporting the global project for the Army. He also led the start up of Lockheed Martin`s postal business expansion and has extensive managerial and procurement experience with IBM and Lockheed Martin.

Lubniewski is a 1977 graduate of Binghamton University in Binghamton, New York.

Lockheed Martin Global Telecommunications, a wholly owned subsidiary of Lockheed Martin Corporation (NYSE: LMT - news), delivers secure, reliable, advanced-technology products and services to help enterprise customers leverage their telecommunications and information technology assets.

LMGT has annual revenues in excess of $1 billion and employs 4,000 personnel worldwide with major points of presence in North and South America, Europe and Asia.

Contact:

Lockheed Martin Global Telecommunications, Bethesda
Tom Surface, 301/214-3419
[e-mail]

[Gatsby2]

Das upgrade fuer das amerikanische Luftverkehrsmanagement ist wirklich ein fettes Geschaeft. Ich bin mal sehr gespannt, wie sich Raytheon mit ihrem eher lahmen Protest gegen die Vergabe des Auftrages ohne Ausschreibung noch durchsetzen wollen.



Tuesday March 13, 8:30 am Eastern Time

Press Release

SOURCE: Lockheed Martin Air Traffic Management

Lockheed Martin Proposes Advanced Terminal Air Traffic Control Automation Alternative to Stars

Company Recommends Independent Cost/Benefit Analysis

ROCKVILLE, Md., March 13 /PRNewswire/ -- Lockheed Martin Air Traffic Management, a business unit of Lockheed Martin (NYSE: LMT - news), today announced it will provide an unsolicited proposal to the FAA for a cost and time-saving approach to delivering modern technology to the FAA`s terminal air traffic control facilities or TRACONs. Lockheed Martin is also recommending that the government conduct an independent cost/benefit analysis of its proposal versus the current approach for terminal air traffic control modernization.

The company will offer the FAA a firm fixed-priced proposal as an alternate approach to the current Standard Terminal Automation Replacement System (STARS) program, which, as reported by the Department of Transportation Inspector General`s Office last year, is nearly $500 million over budget and 3.5 years late.*

Commenting on the company`s offer, Lockheed Martin Air Traffic Management President Don Antonucci said, ``We can begin the delivery of new technology to FAA terminal facilities within 12 months and complete the deployment within three years. Our proposal will save hundreds of millions of dollars, which the FAA can spend on other critically needed technology and safety enhancements.``

Specifically, Lockheed Martin will offer to complete the deployment of modern back room software and hardware to 44 TRACONs currently running 20-to- 30 year old systems. The company has already deployed 136 TRACONs, including the busiest in the world, with modern, open architecture automation systems known as Common ARTS, on time and on budget between 1998 and 2000. Common ARTS implements Free Flight Phase 1 and SafeFlight 21 tools and includes certified Conflict Alert, Minimum Safe Altitude, and Mode C Intruder safety functions.

Additionally, Lockheed Martin will offer to supply modern color air traffic controller displays for the TRACON front rooms. The FAA has already ordered 294 of Lockheed Martin`s ARTS Color Displays (ACDs) for six of the nation`s busiest terminal facilities-New York, Washington D.C., Dallas/Fort Worth, Atlanta, Northern California and the new Potomac TRACON. The first site, New York, began using its 56 displays last August, within 15 months of contract award. The ACDs replace 15-to-30 year old monochrome displays with modern, commercial technology. They enhance safety and efficiency by providing controllers significant improvements in the recognition of weather, track data and safety alerts.

Antonucci noted that when STARS was awarded in 1996, Common ARTS and the ACDs were in the design stage and operational suitability had not been proven. ``Today,`` he said, ``Common ARTS is the world`s most modern and functionally advanced terminal air traffic control system. The open system design can be easily expanded and upgraded to provide new efficiency tools to controller and maintenance work forces.`` With the deployment completed and over two years of operational experience, Common ARTS and the ACDs could be the best approach.

To that end, the company is recommending that, as part of the assessment of the Lockheed Martin proposal, the government conduct an independent cost/benefit analysis of Common ARTS versus STARS, focusing on functionality, performance, cost and schedule risks.

``We believe this analysis will show that Common ARTS is already delivering capability unmatched by STARS until 2004, at the earliest,`` said Antonucci. ``We think our proposal is in the taxpayer`s best interests. For less time and money, we will bring the most modern system to the field and enable the FAA to focus on other initiatives that will enable free flight, improve safety, and address airspace capacity issues.``

A leader in airspace management solutions, Lockheed Martin Air Traffic Management customers currently include the FAA and international civil aviation authorities in the United Kingdom, Germany, Korea, the People`s Republic of China, Argentina and New Zealand. The company employs approximately 1,300 people at major facilities in Rockville, Maryland; Atlantic City, New Jersey; Eagan, Minnesota; and Southampton, England.

Headquartered in Bethesda, Maryland, Lockheed Martin is a global enterprise principally engaged in the research, design, development, manufacture and integration of advanced technology systems, products and services. The corporation`s core businesses are systems integration, space, aeronautics, and technology services.

For additional information, visit the company`s website: http://www.lockheedmartin.com/atm .
The referenced Department of Transportation Inspector General`s report can be found at http://www.oig.dot.gov/audits/av2000072.htm

SOURCE: Lockheed Martin Air Traffic Management

[Gatsby2]

Gemessen an der Anzahl der darueber geschriebenen Artikel scheint das von Lockheed abgegebene Gebot fuer die Modernisierung der Flughafenluftraumkontrollen ein Riesending zu sein.

Ich halte es eher fuer eine kleine Retourkutsche, weil Raytheon das Vergabeverfahren der F.A.A. fuer die grossflaechige Luftraumkontrolle oeffentlich angegriffen hat. Vermutlich behaelt Raytheon ihren Job, und Lockheed kriegt den anderen - ein Sturm im Wasserglas, sonst nix.



Tuesday March 13, 5:08 pm Eastern Time

Lockheed Seeks Air Traffic Business

By ALEX DOMINGUEZ
Associated Press Writer

BALTIMORE (AP) -- Defense contractor Lockheed Martin on Tuesday launched a frontal
assault on competitor Raytheon, telling federal regulators it can modernize air traffic control
systems faster and cheaper.

Raytheon`s STARS modernization project is expected to be completed by 2002 at a cost of
$1.4 billion -- almost $500 million over budget and 3 1/2 years late. Raytheon has already been
paid $406.9 million, FAA spokesman Fraser Jones said.

Lockheed said it could complete the project in three years for $500 million, saving the
government about $400 million.

The Bethesda-based defense giant also asked the Federal Aviation Administration to conduct a
cost/benefit analysis of its proposal versus Raytheon`s.

``We can begin the delivery of new technology to FAA terminal facilities within 12 months and
complete the deployment within three years,`` said Don Antonucci, president of Lockheed
Martin Air Traffic Management. ``Our proposal will save hundreds of millions of dollars, which
the FAA can spend on critically needed technology and safety enhancements.``

Raytheon won the STARS contract in 1996 to modernize the computer system for controlling
air traffic approaching and leaving airports, beating Lockheed Martin and Boeing Co.
(NYSE:BA - news)

The project, originally awarded for $940 million, was to have been completed by 1998.

The announcement is the latest salvo in a growing war of words between the two companies.

Last month, Raytheon -- based in Lexington, Mass. -- publicly objected to an FAA plan to
award Lockheed a no-bid contract worth several hundred million dollars to modernize the air
traffic control system for tracking aircraft flying between airports.

That program differs from STARS.

The new Lockheed proposal also was announced a day before a congressional hearing on air
traffic control modernization before the aviation subcommittee of the House Transportation and
Infrastructure Committee. Lockheed officials are not scheduled to appear at the hearing.

Spokesmen for the FAA and Raytheon said they had seen the Lockheed news release, but not the full proposal.

``In the meantime, we are continuing to work on STARS under our contract with Raytheon,`` FAA spokesman William Shumann
said. ``Because we haven`t seen any proposal, until we do that any comment would be conjectural or hypothetical. It`s too soon to
say anything more.``

Dave Shea, a Raytheon spokesman in Washington, said the STARS program has been on schedule and on budget for the past two
years after some initial delays caused by changes requested by an air traffic controller`s union and the FAA.

``We have confidence in, and we think you would find the FAA does, in STARS,`` Shea said. ``I think it`s fair to say both the FAA
and the controllers, and their union, all of these stakeholders are in agreement over the progress made in the past two years.``

On the Net:

Lockheed Martin: http://www.lockheedmartin.com/
Raytheon: http://www.raytheon.com/
Federal Aviation Administration: http://www.faa.gov/

[Gatsby2]

Da der NASDAQ-Future heute ja so richtig Freude aufkommen laesst, werden vielleicht genug Leute ihr Geld in Ruestungsaktien parken und Lockheed ueber $ 40 treiben. Zumal sie ja jetzt auch noch in die Fotobranche einsteigen.



Wednesday March 14, 9:05 am Eastern Time

Press Release

SOURCE: Lockheed Martin Mission Systems

Kodak and Lockheed Martin Partner to Advance Imaging Technology For Government and Commercial Applications

Digital Preservation Effort Seeks to Build on Success of U.S. Census Program

ROCHESTER, N.Y., and GAITHERSBURG, Md., March 14 /PRNewswire/ -- With an eye toward promoting the use of imaging technology in government modernization projects, the Document Imaging division of Eastman Kodak Company and Lockheed Martin Mission Systems today announced a strategic partnership. The collaboration is focused on expanding the use of digital preservation technologies within government and commercial information management projects.

``This partnership combines Kodak`s capture and digital preservation expertise with Lockheed Martin`s experience integrating massive information systems for customers such as the Internal Revenue Service, the United States Air Force Space Command, and the U.S. Bureau of Census,`` said Candy Obourn, president, Document Imaging division, Eastman Kodak Company.

``Vital government records need to be managed in a manner to assure future generations that the information represents fact,`` Obourn added. ``When records are captured and stored, the technology used must guarantee that these facts remain unaltered and accessible for generations -- that is, free of glitches associated with migration from one system to another. Based on analog media, Kodak`s systems guarantee access in a human readable form, provide irrefutability of the captured `facts,` and are not subject to technology obsolescence. ``

``Federal agencies face a growing and important need to take unalterable snapshots of digital information that must be retained because of legal or other requirements,`` said Terry Drabant, the president of Lockheed Martin Mission Systems. ``Our partnership with Kodak merges our skills to help customers more effectively develop and implement efficient and powerful archival systems. The combination of our technologies opens up better alternatives for the capture and retention of critical data in the federal market.``

The two companies will develop and market complete digital preservation systems capable of safely storing and retrieving digital or paper-based records utilizing analog media. The systems feature front-end Kodak hardware and systems developed and integrated by Lockheed Martin. In addition, Kodak and Lockheed Martin will focus on joint business development activities, including the design of Internet portals offering technical information to government decision-makers.

The partners first worked together during the 2000 U.S. Census, a project that Lockheed Martin Mission Systems supported through development and integration of the Data Capture System 2000 which included Kodak scanners to help capture information on 1.5 billion pages of census forms. Population data was captured and processed as quickly and accurately as any Census in history, thanks in part to use of the DCS 2000 System.

``Kodak`s contributions on the Census 2000 project were among the reasons we were able to achieve such a high level of performance,`` noted Drabant. ``We look forward to benefiting from Kodak`s many service capabilities -- including training, systems engineering, help desk support, third party maintenance, and client server support -- as we work with agency customers on joint projects.``

About Lockheed Martin Mission Systems

A leader in mission critical systems integration and information operations, Lockheed Martin Mission Systems serves U.S. and international defense and civil government agencies. Mission Systems employs about 2,600 people at major facilities in Gaithersburg, Md., Colorado Springs, Colo., and Santa Maria, Calif., and is a business unit of Lockheed Martin Corporation.

Headquartered in Bethesda, Md., Lockheed Martin is a global enterprise engaged principally in the research, design, development, manufacture and integration of advanced-technology systems, products and services. The Corporation`s core businesses are systems integration, space, aeronautics, and technology services.

About Eastman Kodak Company

The businesses of Kodak serve a wide range of consumer, professional, entertainment, commercial and health imaging needs. Through its Document Imaging division, Kodak is the number one worldwide supplier of high-speed production document scanners, as well as media and micrographics products and services. It offers a variety of capture components and media for imaging and document management applications that require digital, integrated, or micrographics imaging solutions. More information is available by calling Kodak`s Document Imaging division at 1-800-243-8811 (U.S. and Canada), by contacting an authorized representative of Kodak products, or online at http://www.kodak.com/go/docimaging .

Kodak and Digital Science are trademarks.

SOURCE: Lockheed Martin Mission Systems

[Gatsby2]

Italien least F-16. Was mag das fuer den Eurofighter bedeuten?

Thursday March 15, 7:02 pm Eastern Time

Press Release

SOURCE: Lockheed Martin Aeronautics Company

Italy to Acquire USAF F-16s

FORT WORTH, Texas, March 15 /PRNewswire/ -- The following was released today by
Lockheed Martin Aeronautics Company:

On March 15, Italy signed an agreement for the lease of 34 F-16s from the U.S. Air Force inventory and a Letter of Offer and
Acceptance (LOA) for aircraft support and services.

The F-16s will replace the Tornado Air Defense Version aircraft currently leased from the United Kingdom and the F-104s, both
operated in the air defense role. The first F-16s will be delivered in mid-2003.

The five-year lease is renewable for a second five-year period. The LOA and lease value is approximately $777 million over 10
years.

Lockheed Martin is expected to receive a contract through the U.S. government for spares, technical support and training.
Lockheed Martin will manage the spares requisitioning and distribution at the Italian bases. The support contract, worth about $313
million over 10 years, is expected to be issued by the end of this year.

``We value the long association we have had with the Italian Air Force on the F-104 and C-130,`` said Dain M. Hancock, president
of Lockheed Martin Aeronautics Co., in Fort Worth, Texas. ``We are honored that Italy`s Air Force has selected our product
again and look forward to working with them as the newest member of the F-16 family.``

The Italian Air Force will receive 30 single-seat F-16A aircraft in the Block 15 Air Defense Fighter (ADF) configuration and four
two-seat F-16B aircraft in the Block 10 Operational Capabilities Upgrade configuration. These aircraft have common software
and cockpits, and the F-16Bs will be used as training aircraft.

The ADF configuration has AIM-120 Advanced Medium Range Air-to-Air Missile (AMRAAM) radar missile capability, a night
identification light, a long-range high-frequency radio, an electronic interrogator/transponder and other features tailored to the air
defense role.

The F-16 aircraft are currently in storage at the Aerospace Maintenance and Regeneration Center in Tucson, Ariz. Before
delivery to the Italian Air Force, all of the flying aircraft will be refurbished and brought up to date with all required inspections and
changes. At the same time, the aircraft will receive the Falcon UP structural upgrade. The F100-PW-200 engines will be
upgraded to the F-100-PW-220E configuration to improve operability, reliability, maintainability, durability, safety, and operation
and support costs.

``This lease is a very cost-effective approach to satisfying our near-term air defense needs on an interim basis,`` said Brigadier
General Tommaso Ferro, the Italian Defense and Air Attache to the United States, in Washington, D.C. ``We are looking forward
to joining our eight NATO partners who are already flying the F-16 and expect to enjoy the interoperability advantages of
operating the same type aircraft. We are confident that the F-16 capability will superbly allow us to cover the gap while waiting
for the Eurofighter generation.``

Italy will be the 21st country to operate the F-16 Fighting Falcon. They are the sixth country to acquire F-16s from the USAF
inventory and are the second country to use the lease approach. Several countries in Central Europe are considering
lease/purchase of inventory F-16s as the fastest and lowest- cost option for acquiring Western-built fighters to upgrade their air
forces.

The F-16, the world`s most sought-after fighter, is the choice of 22 countries, counting the announcements of Italy and Chile. More
than 4,000 aircraft have been delivered; hundreds more will be delivered to Egypt, the United States, Israel, Greece, the United
Arab Emirates, Korea and Singapore; and production is expected to continue beyond 2010. Major upgrades for all F-16 versions
are being incorporated to keep the fleet modern and fully supportable over the aircraft`s long service life.

The F-16 is playing a major role as the durable and versatile ``workhorse`` in allied peacekeeping operations in the Balkans and
Iraq.

Lockheed Martin Aeronautics Company is the prime contractor for this program and is a leader in the design, development,
systems integration, production and support of advanced military aircraft and related technologies. Its customers include the
military services of the United States and allied countries throughout the world. Products include the F-22, F-16, F-117, C-5, C-27J,
C-130, P-3 and U-2. The company leads a team competing for the development and production of the Joint Strike Fighter.

Lockheed Martin Aircraft & Logistics Centers will provide contractor logistics support, including on-site maintenance, training and
component repair. LMALC, headquartered in Greenville, S.C., is the aerospace support arm of the Technology Services Business
Area of the Lockheed Martin Corporation and is one of the leading providers of aircraft maintenance and total life cycle support
services for the Department of Defense and commercial customers.

LM Aeronautics and LMALC are units of Lockheed Martin Corp. (NYSE: LMT - news), headquartered in Bethesda, Md.
Lockheed Martin is a global enterprise principally engaged in the research, design, development, manufacture and integration of
advanced-technology systems, products and services. The corporation`s core businesses are systems integration, space,
aeronautics and technology services.

F-16 is a registered trademark of Lockheed Martin Corporation.

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

For information on Lockheed Martin Aeronautics Company, visit:
http://www.lmaeronautics.com

[Gatsby2]

Friday March 16, 12:41 pm Eastern Time

Prima - die Scheichs sind gute Zahlmeister.

Oman to buy F-16 warplanes, Super Lynx helicopters

MUSCAT, March 16 (Reuters) - Oman plans to purchase an unspecified number of Lockheed
Martin Corp (NYSE:LMT - news) F-16 warplanes and British-made Super Lynx helicopters to
upgrade its air force, Defence Affairs Minister Badr bin Saud al-Bousaidi said on Friday.

Bousaidi said the planned purchases were in line with the Gulf Arab state`s efforts to modernise and strengthen its air force, the
official Oman News agency reported.

The Super Lynx, made by helicopter firm AugustaWestland in Britain, would replace helicopters currently used by Oman, Bousaidi
said.

AugustaWestland is jointly owned by Italy`s Finmeccanica and British engineering firm GKN (quote from Yahoo! UK & Ireland:
GKN.L).

The minister gave no further details about the planned acquisitions.

Oman has announced plans to raise its defence spending by 38 percent to 926 million rials ($2.4 billion) in 2001.

($1 equals 0.385 rial)

[Micky_Maus]

Charttechnisch ist Lockheed angeschlagen, die 40$ sind doch ein ernstzunehmendes Hindernis. Nach dem Salami-Crash der Hochtechnologiewerte weitet sich die Kursschwäche auf den Gesamtmarkt aus. Aktien der Rüstungs- & Tabakindustrie haben durch den Wahlerfolg Bushs stattlich zugelegt und sind reif für eine Korrektur. Andererseits sehen Investoren gerade hier einen sog. Safe Haven.

Nachdem zunächst die V-Form beim Konjunkturverlauf in den USA gesehen wurde, spricht jetzt einiges für die U-Formation, d.h. allmähliche Konjunkturerholung erst in 2002. Pessimisten sehen gar die L-Form wie in Japan...

Allerdings sprechen die Arbeitsmarktdaten (4,2% Arbeitslose, 35.000 neue Stellen/Woche) nicht für eine Rezession und der Konsum bleibt auf hohem Niveau. Greenspan wird also nur 50 Pkt. die Zinsen senken, so dass weitere Kursrückgänge zu erwarten sind. Im Gegensatz zur US-Notenbank sieht Präsident G.W. Bush die Lage ernster, was aber als Taktik gesehen wird, um das Steuersenkungsprogramm durch den Kongress zu bringen und nachher als der Retter dazustehen.

Abwarten ist also zunächst angesagt, auch was Lockheed mit Kursziel 40$ betrifft. Meine Wette auf Raytheon ist allerdings schon fast verloren...

[Gatsby2]

Naja, angeschlagen ist vielleicht ein bisschen viel gesagt, denn bis jetzt liegt Lockheed noch gut im Trendkanal. Ueberdies gab es - ausweislich Thomson-I-watch - in den letzten Tagen starkes Kaufinteresse von seiten der institutionellen Investoren.

Insgesamt hat der Sektor am Freitag ein wenig nachgegeben, aber das traf wohl auf nahezu alle Aktien zu. Ich frage mich im Augenblick eher, wie der teilweise Kapitalabzug aus dem fuer sicher erachteten Ruestungssektor zu bewerten ist. Ziehen die Leute ihr Geld jetzt komplett aus dem Aktienmarkt ab, oder sehen wir endlich eine Sektorrotation? Persoenlich tendiere ich eher zu letzterem, denn an der NASDAQ gibt es langsam wirklich genug Schnaeppchen zu holen.

Ich bin auch nicht ganz so pessimistisch fuer die U.S. Wirtschaft insgesamt. Die am Freitag veroeffentlichten Daten, vor allem der consumer confidence index, der einen sehr interessanten Parallelverlauf zum NASDAQ composite aufweist, scheint sich endlich zu stabilisieren. Vergleiche mit der Japanischen Krise halte ich ebenfalls fuer nicht geboten, denn die Blase in den U.S. Maerkten war denn dann doch nicht so ueberdehnt, wie seinerzeit in Japan; das Bankensystem ist stabiler und vor allem die Mentalitaet ist eine andere. Im Gegensatz zu den Japanern glauben die Amis nicht so unbedingt an ihre Unbesiegbarkeit, und so verdauen sie auch Rueckschlaege entsprechend schneller. -- Uebrigens liegen die Wachstumsvoraussagen fuer die amerikanische Wirtschaft nach wie vor ueber denen fuer die deutsche Wirtschaft. Lass Dir also kein L fuer ein U vormachen.

Unsere kleine Wette entwickelt sich wirklich spannender, als ich bislang dachte. Es sah ja schon fast danach aus, als ob ich das Essen im Sack haette. Aber eben nur fast, und knapp daneben ist bekanntlich auch vorbei. Ich denke, es bleibt spannened. Zumal die neue U.S. Administration die Ruestungshersteller mit der Durchsicht aller Programme im Augenblick so richtig schoen ins Schwitzen bringt.

Schoenes Wochenende

Gatsby

[Micky_Maus]

Richtig Gatsby, der momentane Pessimismus ist absolut übertrieben. Das bestätigen auch die jüngsten Wirtschaftsdaten. Aber die Märkte spielen verrückt und sehen nur das Negative an den Zahlen, d.h. stabile US-Wirtschaft= keine Zinssenkung um 75 Pkt.

Die robuste US-Wirtschaft holt nun auch die Euro-Optimisten auf den Teppich zurück. Die allseits vorhergesagte Parität zum USD rückt allmählich wieder in weitere Ferne. Die Annahme, dass Europas Konjunktur völlig unbeeindruckt von den USA auf Hochtouren läuft, war also falsch.
Der OPEC-Beschluss sowie die hohe Inflation in Portugal bringt die EZB zusätzlich in eine Zwickmühle.
Das Problem des hohen Dollarkurses (insbesonder zu Japan) bleibt also, was mich eher pessimistisch macht für den Gesamtmarkt.

Trotz der überverkauften Lage bei den ausgebombten Techs ist Vorsicht angesagt. Es nützt ja nichts, sich gegen den Markt zu stemmen und ins fallende Messer zu greifen. Ich bin jetzt erst mal gezwungen, meine Aktien als Leichen im Depot zu belassen. Aber manchmal geht`s auch ganz schnell wieder nach oben... Worldcom hat diese Woche ganz unbemerkt 20% zugelegt.

Zuletzt waren die schwächeren LMT-Kurse immer gute Kaufgelegenheiten. Hast du noch die Caliperposition?

Gruß Micky

[Gatsby2]

Micky,

da wir gerade die Frage nach der Zukunft des Ruestungssektors hatten, interessiert Dich vielleicht auch eine kompetentere Stellungnahme, als die, die ich abgeben koennte. Ja, ja, ich weiss: "Wieder alles in Englisch". ... Nimm`s halt als kleines Sprachtraining.



Mar. 16, 2001 (Defense Daily International, Vol. 2, No. 11 via COMTEX) -- By
Vance Coffman, Chairman and CEO Lockheed Martin Corp.

Today, there is great expectation for
change among those in industry and government who have dedicated themselves to
the continued strength and capability of the armed forces of the United States
and its allies. In fact, that level of expectation is as high as I`ve ever seen
it.

There are, of course, demonstrable reasons for high hopes. We have a new
administration, which always means change. We have new committee leaders in
Congress. There is a reordering of budget priorities. Our Armed Services have a
decade of experience operating in a post-Cold War environment. And certainly
among the most important reasons for our sense of "expectation" is that we have
a new Secretary of Defense. Don Rumsfeld is unquestionably one of the most
experienced leaders ever to hold that post--and equally unquestioned is the fact
that his goal is to reform many aspects of America`s defense posture.

A New Alignment

These factors suggest that we stand at a pivotal moment in history. The tectonic
plates within the defense community are shifting. We know that there will be
decisions made in the next few months that could well determine not just the
health of the defense industry--but also the ability of the U.S. armed
services--and those of our allies--to carry out their missions well into the
next century. In short, it is not an over-statement to say that the future of
our national security apparatus is at stake. And, as always in our free-speaking
democracy, there is no lack of opinion about what needs to be done.

On the one hand, we are told that the U.S. is the "world`s sole remaining
superpower," that we bestride the globe like a colossus, that we can easily
crush any adversary with our advanced technology and devastating weaponry.
On the other hand, we are informed that our forces and weapons systems are "out
of sync" with the "asymmetrical" threats likely to impact us in the future.
Terrorism, rogue states, information warfare, and the always-present threat of
isolated chemical, biological or nuclear attack--each of these presents a new
challenge for protecting our nation.

And yet again, there is the actual experience of the last decade. In this short
span of time, we saw triumph in the Persian Gulf, tragedy in Somalia, and uneasy
stalemates in the Balkans, Haiti, and numerous other engagements around the
world. The collective record of this decade is that as force levels have
declined substantially, our commitments have increased substantially--leaving
our Armed Services with a record "op tempo" level that has led to serious
readiness, morale, and retention problems.

How are we to evaluate these scenarios? How are we to decide which is the most
likely guide to what threats will confront us in the future? How are we to
decide the size and composition of the Armed Services that can successfully meet
those threats?

In answering these questions, I recall the stark choice that was offered at the
height of the Cold War by the comedian Woody Allen, when he said: "More than at
any other time in history, we face a crossroads. One path leads to despair and
utter hopelessness. The other, to total extinction. Let us pray we have the
wisdom to choose correctly." Fortunately, today our task is less apocalyptic in
nature; nevertheless, there are very serious challenges that demand our
attention.

A Brief Review

Let me begin with a brief review of where we are today--a dozen years after the
fall of the Berlin Wall, exactly one decade after Desert Storm, and after nearly
a decade and a half of declines in the defense budget. Overall, the defense
budget, while up a bit in the last few years, is at its lowest point since
before the beginning of World War II; in terms of GDP, the share devoted to
defense is less than three percent, the lowest in modern history. As a
benchmark, during the Kennedy Administration, defense represented about one-half
of the federal budget. Today it is about one-seventh.

The defense industry got its marching orders in 1993 at the now-famous "Last
Supper": "consolidate or evaporate" was the message. The subsequent
consolidation of the industry eliminated more than 1.5 million jobs. Lockheed
Martin itself closed more than 17 million square feet of plant space and lost
more than 100,000 positions in our heritage locations. These efficiencies
allowed our company alone to begin to pass along savings of approximately $2.6
billion per year to our customers, primarily to the Department of Defense. And,
over that period, the nation as a whole realized a "Peace Dividend" that former
Secretary of Defense Bill Perry estimated as being "at least" one-half trillion
dollars. There is more that can be done, but that process can be helped by
proper incentives--of the economic type.

Today, we see the result of what has been termed "the procurement
holiday"--namely, procurement of hardware at such a pace that the average ship,
tank, or aircraft will have to last some 54 years before being replaced--or
about twice the age of the people operating or flying them. That would be
equivalent to flying P-51s into downtown Baghdad or using a mechanical adding
machine to try to figure out the yield of a nuclear weapon. With stealth
technology aircraft already in use for some 15 years, and with the continued
turnover of computer generations measured in months, rather than years, the time
to reconsider our priorities is overdue.

The Technology Challenge

No doubt this audience understands this reality. And you are just as aware that
a technological revolution has simultaneously been at work, transforming the
industry. For as long as mechanized warfare has existed, the major defense
industrial challenge was basically a question of manufacturing or "surge
capacity."

Newsweek reporter John Barry has characterized the issue this way: "The American
way of war was to take the manpower of a continent, arm it with mass- produced
weapons, and send it out over and over again [on a] series of fairly repetitive
military tasks." This explains, in part, why America`s defense industrial base
was crucial to winning World War II--we were quickly able to turn from making
trucks and automobiles into making tanks and landing craft.

Now, however, our nation no longer asks companies like Lockheed Martin to
manufacture lots of dumb weapons. Instead, it asks us, generally speaking, to
integrate and produce fewer, though highly complex and more powerful, weapons
systems. This shift has necessitated a fundamental change in the entire
structure of the defense industrial base. After closing dozens of unneeded
manufacturing facilities, today we have relatively more clean rooms than shop
floors, more systems architects than metal benders, more computer programmers
than welders and riveters.

Consequently, the defense industrial base of the year 2001 bares little
resemblance to that of 1980, 1990, or even 1995. We have built large
corporations with great technological depth--and with sufficient product
diversity to remain profitable and competitive, despite the government`s reduced
investment in procuring weapons systems. The point is that the changes which
have occurred.

Why do I stress the profitability side of our operations? Because it is a fact
of modern corporate life that no company can ignore the financial markets. Like
beasts on an African plain gathering around the communal water hole, we must all
come to Wall Street for the capital that is vital for our futures. We must
compete with companies like Microsoft and Cisco and Intel--and we do. In the
arena of national defense, we are their match in terms of advanced technology.
But unlike us, these commercial technology-intensive companies do not have the
financial constraints inherent in the Department of Defense acquisition process.

Addressing the Acquisition Process

Which brings me to a key pillar of "defense reform"--reforming the inefficient
and often wasteful process by which our Armed Services acquire weapons systems.
I was very pleased to hear Secretary Rumsfeld make the following statement
during his confirmation hearing: "The legacy of obsolescent institutional
structures, processes and organizations does not merely create unnecessary
costs, it imposes an unacceptable burden on the national defense...[W]e are, in
a sense, disarming ourselves by our failure to reform the acquisition processes
and to shed unneeded organizations and facilities...I will examine, in
consultation with the Congress, omnibus approaches to changing the statutory and
regulatory basis for the most significant obstacles to reform."

Those are powerful words--and I, for one, will support Secretary Rumsfeld in
every way possible to accomplish his laudable goals. We in industry have
demonstrated our desire to move forward on this issue quickly and substantively-
-and I know that sentiment is shared by many of our colleagues in the Department
of Defense. This very forum is a tribute to that desire.

In fact, over the past decade we in the private sector have forcefully
demonstrated our commitment to the process of reform. The more efficient we
become, the more we benefit our customers in the Department of Defense, our
shareholders on Wall Street--and the U. S. taxpayer, who ultimately pays the
bills. But, most important, the more efficient we become, the more resources are
freed up to address the truly critical needs of our Armed Services--a goal that
every company represented here strongly supports.


At the same time, I am compelled to point out that the "public sector" side of
the acquisition process has not kept pace in terms of efficiency. This is not
because of a lack of desire on the part of our customers. Quoting Secretary
Rumsfeld again, it is the "legacy of obsolescent institutional structures,
processes and organizations" that is holding back the needed changes.

This is not to say that there has been no progress in recent years. Both FASA
(the 1994 Federal Acquisition Streamlining Act) and FARA (the 1996 Federal
Acquisition Reform Act) emphasized cooperation between the private sector and
DoD. As a result, today the industry-DoD relationship is more focused on teaming
and partnering to get the job done.

Down to Specifics

But that`s just a beginning. Much more needs to be done. Specifically, I would
suggest a number of distinct changes, including:

First, halt the turbulence in the acquisition process. Probably the most
compelling and critical need for the defense industry is to have funding and
program stability. While we all understand that programs must be subject to
effective oversight, we also know that funding shortfalls and program slippage
cripple our ability to deliver the highest quality systems at the lowest
possible price. Leadership in follow-through is absolutely essential to our
successful management of programs and systems.

How do we and our colleagues in government achieve this cost-saving and
time-saving stability? By working with the Congress to ensure that funding
decisions are focused on the long term--not just year to year--and that program
deviations or "slippages" are only considered as options of last resort. If we
can forge a working agreement among industry, the Administration, and Congress
with regard to this issue of stability, we can achieve tremendous benefits for
our nation. These would include significantly lower costs, shorter procurement
times, and a healthier defense industrial base. This conference will provide an
invaluable "Blueprint for Action" for how this "revolution" can be achieved.

Second, dismantle the "military specifications" framework. All defense
contractors complain about the overwritten and over-regulated set of standards
that governs the purchase of even the most mundane pieces of equipment. This
problem extends to the entire procurement system, encompassing accounting
standards, hiring and personnel practices, supplier relations, and so on. Add to
this the fact that defense contractors are often made the "pack horse" for an
endless array of non-defense-related initiatives, which in turn imposes on
taxpayers an enormous burden of excess costs and brings the system to the verge
of breakdown.

Our customers should set goals for getting the job done, then give contractors
the freedom to reach those goals in the most efficient, cost- effective manner
possible. For example, contractors should be free to use "agile manufacturing"
practices, taking advantage of economies of scale, evolving technological
advances, and common production lines.

Third, encourage the use of commercial, off-the-shelf products and technology.
In the past, technology usually originated on the government side and migrated
to the commercial side. In some fields today--especially in information systems
and electronics--that flow has been reversed. Advances are being made in the
commercial sector with such speed there`s no point striving to duplicate those
achievements on the government side.

I am pleased to say that DoD is moving towards commercial practices wherever
possible: putting emphasis on past performance when awarding contracts;
providing near-term funding to keep a project on schedule; building quality in,
instead of lengthening production time to inspect for defects; and mitigating
risk instead of trying to eliminate it entirely. However, DoD needs to redouble
its efforts in these critical reform areas.

Fourth, embrace "best value" procurement. There has been considerable progress
in allowing more discretion among procurement officers to choose "life- cycle"
costs over the "lowest bidder" approach. Such discretion accepts the basic
criteria all prudent shoppers use in our everyday lives. We often reject the
lowest cost item in favor of products that feature better quality and more
advanced technology. If this were not true, Yugos would lead the U.S. automobile
market and Mercedes Benzes would be nonexistent.

Acquisition officers should have the ability to make similar trade-offs in
evaluating the array of bids for military business. As long as they tell the
competitors what to expect, they should have the authority to weigh past
supplier performance, promise of greater quality, and overall long-term costs
and not primarily initial bid prices. DoD recently took a very significant step
in this direction when it adopted best-value, performance-based contracting,
under which government considers not only the going-in price, but also the true
cost of ownership over the life-cycle. Now let`s work with Secretary Rumsfeld to
take the next step.

Fifth, apply "SPI" and other "lean" principles to the procurement process. Many
private sector manufacturers have realized significant cost reductions and
quality improvements by applying "Single Process Initiatives" to their
processes. No other action taken, or proposed, could have such an impact on
controlling costs and achieving mission success without prescriptive oversight.
What`s been done to date is excellent, but again it`s just a start. At each step
of the procurement process, senior Pentagon officials should ask themselves,
"Why do we do that?" If sound reasons cannot be identified, the process should
be changed to alter or eliminate questionable steps.

Sixth, streamline export control policies. In order to meet growing competition
from other countries in the global marketplace, the U.S. government should
streamline its export control regime and improve the timeliness of the decisions
on exports of technology. This has now become a widely recognized need, and I am
pleased that government officials are working hard to improve procedures. We in
industry recognize the importance of protecting technological advantages, and we
understand the considerations involved in decisions on export licenses. We also
recognize the responsibility that industry has to improve the timeliness and
quality of our export license requests and to develop self- policing mechanisms
for industry where such mechanisms are appropriate.

Seventh, re-visit the base realignment commission. After the SECDEF review, we
need to review one of the most significant defense reform "success stories"--the
Base Realignment Commission. A BRAC process--by whatever name--is probably
required to streamline our defense infrastructure and remove excess facilities
from the Defense Department inventory. Today, this process clearly needs
reinvigorating. The "tooth-to-tail" ratio is heavily weighted toward the "tail"
side. We need to bring our public infrastructure into greater alignment with the
actual size and needs of the Armed Services.

Finally, change the procurement culture. As Mrs. Druyun remarked recently, there
needs to be more of that simple, basic, human quality in the acquisition process
called "trust." If there were, we could make fundamental changes in this process
that would astound all of us.

I realize that a procurement system driven by an entrepreneurial, goal- oriented
process instead of today`s risk-averse, over-regulated status quo would be
difficult for some to accept. And yet, private industry as a whole, responding
to the demands of the marketplace, has been engaged in such changes for the
better part of a decade. Why not give the defense industry the same freedom? As
an example, last week I had a meeting with one of our suppliers. She said they
had concluded the cost of audit for travel was far more than the mistakes found.
Can you imagine a defense company not auditing--with the risk of debarment to
deal with? There must be a better balance between risk and cost incurred.

As part of this effort to change the procurement culture, we need to take the
following actions: Government policies should be structured to assure that key
decision-makers are thoroughly qualified. We need to pay our public servants
competitive salaries. We should afford them the prestige they deserve. We should
provide for their training and professional development. And, most important, we
need to grant them the latitude to manage and succeed.

In short, some good old-fashioned management is needed: set realistic goals, put
capable people in charge, and let them do their jobs. These three "Golden Rules"
capture what is needed to "fix" a lot of the acquisition process.

Facing Up to Reality

This brings me to one last topic--which I might add is dangerous territory for
any defense executive to enter--and that is the level of overall spending on
defense. It would be easy for me to endorse a higher level of spending, because
I believe it is truly needed. But ultimately what America spends on defense
depends upon the national objectives we, as a nation, embrace. Choices regarding
national objectives and risks are the province of government policy makers
acting on behalf of the American public, not of defense executives.

I would note, however, with real concern that we seem to be in the process of
inventing a new type of hollow military force: one whose funds for modernization
fall far short of our national strategy. Historically, the United States has a
rather poor record with regard to preparing its forces prior to the outbreak of
a conflict. For example, before our entry into World War I, Dr. Charles
Watson--chairman of the then-new National Advisory Committee for
Aeronautics--warned that our forces were ill-prepared for air combat. He
asserted, "Though millions may be available for a specific purpose in time of
need, no amount of money will buy time. Even the most generous preparations do
not...make up for lost time."

"No amount of money will buy time." Sometimes I think that statement should be
printed in capital letters at the top of every defense budget, as a reminder
that we don`t build weapons for today`s threats--but for tomorrow`s. We need the
advanced systems that are currently in development precisely because we face an
uncertain future.

We now live in the era of "come as you are" combat--short, intense conflicts,
where in most cases the only equipment our armed forces will have available was
that developed and produced years before. In 1990-91, we would not have had the
F-16, LANTIRN, Tomahawk, GPS, F-117, Patriot, and a host of other systems that
were used in Desert Storm if, 20 years before, the words of the critics of these
systems had been heeded. No amount of money spent in 1990 could have supplied
those capabilities, within the time frame the Allied coalition had to fight.

We would be wise to heed the admonition of Margaret Thatcher: "Always make
certain that your defenses are strong, because...the unexpected will happen."
Just as our armed services must be prepared for any reasonable contingency, the
defense industrial base must be prepared to respond to the needs of our
military. And we will make every effort to do that, so that when our Warfighters
need us, we will be there for them. But it is true of the industrial base, as I
have said, that it is much like muscle mass--either you "use it or lose it." I
believe we should choose the former.

Conclusion

Let me close by saying I believe that, even in the face of other pressing
issues, the American public will support a strong defense if the case is made
forcefully--and well. In a world of uncertainty, there is really only one area
where we can create certainty--and that is in our own military strength.
Whatever else happens in the world, America`s leaders must have the confidence
and assurance that our Armed Services can defeat any threat to our national
interests.

Whether the year is 1941 or 2001, we should keep in mind the observation made by
Ronald Reagan: "Of the four wars in my lifetime, none came about because the
U.S. was too strong."

The ultimate goal of all defense reform is a stronger, more efficient defense
force--one that is capable of defending our nation. Speaking on behalf of
industry, we will do all we can to further that goal.

[Micky_Maus]

Sehr einseitige Sicht des CEO von LMT. Die USA wieder mal als Weltpolizei.
Dabei ist die gute alte Zeit des kalten Krieges schon lange vorbei. Reagan & Thatcher hatten ihre Zeit und das war nicht die beste...
Ob die Amerikaner insgesamt hinter dem NMD-Programm stehen, bezweifele ich. Und ob man dadurch nicht eine trügerische Sicherheit bekommt, ist auch fraglich.
Was mich zuletzt überrascht hat, ist der geringe Widerspruch in aller Welt: der dt. Außenminister auf gleicher Linie mit Powell, dem Kriegstreiber vom Golf. Das hätte sich kein Grüner je träumen lassen. Und ein einst so mächtiger Präsident von Rußland wird mit Putin zur Lachfigur. Schlägt sogar ein eigenes europäisches Abwehrprogramm vor, und wer zahlt es wohl?!

Die jüngsten Angriffe der US-Streitkräfte auf die irakische Luftabwehr waren offenbar doch nicht so erfolgreich, ganz zu schweigen davon, dass der Despot von Bagdad nach 10 Jahren immer noch im Amt ist. Und der Krieg im Kosovo bringt Probleme & Kosten mit sich, die noch 20 Jahre dauern werden.

[Gatsby2]

Der einzige Punkt, in dem ich Deinen Ansichten nicht zu folgen vermag, ist die Einschaetzung von Colin Powell, den ich ehrlich gesagt fuer den faehigsten Kopf in der ganzen neuen Administration halte. In auffaelligem Gegensatz zu seinem Boss, uebrigens.

Wenn Vance Coffman die U.S.A. nach wie vor fuer den Weltpolizisten haelt, so liegt er damit wohl nicht ganz falsch. Wie sich im Kosovo recht peinlich gezeigt hat, ist ausser den U.S.A. eben niemand sonst in der Lage, weltweit friedenssichernde Missionen durchzufuehren. Und wenn er darauf hinweist, dass die U.S.A. diese Faehigkeit in absehbarer Zeit verlieren koennten, so liegt er damit auch nicht ganz falsch. Die F-15 und F-16 werden sicherlich nicht mehr ewig an der Spitze liegen, und auch andere Systeme haben nur bedingt die Rolle erfuellt, zu der sie benoetigt wurden. Dazu gehoeren nicht nur die Flops letztens im Irak, sondern auch die wenig ueberzeugende performance der hochgelobten Patriot Systeme waehrend des Golfkrieges. Das Ding ist ohnehin zur Flug-, nicht aber zur Raketenabwehr gedacht, und so sahen die Ergebnisse dann auch aus: Wenn Saddam`s Schrottraketen nicht freiwillig vom Himmel gefallen waeren, haette Tel Aviv seinerzeit moeglicherweise ganz alt ausgesehen.

Eine ganz andere Frage ist es, ob die U.S.A. ihre bisherige Rolle als Weltpolizist dauerhaft weiterspielen werden. Viele Amerikaner sehen schon lange nicht mehr so recht ein, warum staendig G.I.`s fuer die Probleme der Welt ihre Haut zu Markte tragen - und sich moeglicherweise noch dafuer beschimpfen lassen - sollen. Und so wurde denn die Forderung nach einer staerkeren Beteiligung der Europaer auch auf politischer Ebene schon seit laengerem laut. Bloss geht sowas eben nicht ueber Nacht. Bestes Beispiel ist die Bundeswehr. Strukturell war sie jahrzehntelang als klassische Kontinentalstreitmacht zur Selbstverteidigung konzipiert. So war es nur logisch, dass ihr zu den jetzt geforderten out-of-area Einsaetzen nahezu jegliche Faehigkeit fehlt. Nicht nur in Sachen Geraet - z.B. Transport- und Tankflugzeuge -, sondern auch hinsichtlich ihrer Personalstruktur. Es ist eine Sache, wenn ein Staat Wehrpflichtige fuer den - dank U.S.A. ohnehin unwahrscheinlichen - Fall der unmittelbaren Landesverteidigung heranzieht. Es ist aber eine ganz andere Sache, Soldaten an irgendeinem Ort der Welt den ganz realen Gefahren friedenssichernder Missionen auszusetzen. Die Entscheidung darueber sollte wohl doch jedem Einzelnen ueberlassen bleiben, so dass es wohl einer Berufsarmee beduerfen wird.

Dieser Wandel in der globalen Verteidigung zeichnet sich auch in vielen Programmen schon ab: Die traditionell enge Kooperation zwischen den U.S.A. und dem Vereinigten Koenigreich wurde durch den Verkauf von Sanders an British Aerospace noch deutlich vertieft; Raytheon kooperiert seit neuestem eng mit der franzoesischen Thales (ex Matra), und auch Deutschland ist mittlerweile gut dabei, wie sich etwa an der Beteiligung Krauss-Maffei Wegmann am Team Boeing zur Entwicklung des future combat system - einer Integration von land- und luftgestuetzten Waffensystemen zeigt. (Kleiner Tip am Rande: schau Dir mal Rheinmetall an.)

Schliesslich ist auch die Einbindung Russlands in eine globale Verteigungs-(eigentlich besser: Polizei-)politik schon lange keine Utopie mehr. Auf dem Gebiet der Raumfahrt lief das schon zu Sowjetzeiten, und mittlerweile hat sich die Kooperation dahin ausgeweitet, dass ILS (ein Joint Venture von Lockheed und einer russischen Raumfahrtkooperative) regelmaessig in Kasachstan kommerzielle Raumfahrt betreiben. Russische Raketenmotoren werden in den U.S.A. ganz selbstverstaendlich in Lizenz gebaut (ein Kernstueck von NMD, uebrigens), und EADS bietet Ungarn die Aufruestung von MiG-22 Flugzeugen an. Ganz verschaemt, und dank Zwischenschaltung einer Venturecapital-Gesellschaft auch kaum ersichtlich, werden mittlerweile die Atommeiler in den schrottreifen russischen U-Booten in Murmansk von Amerikanern entsorgt: Lockheed Martin Energy Systems. Und selbst die Chinesen lassen sich das Prozedere ihrer kommerziellen Satellitenstarts von westlichen Versicherungsgesellschaften vorschreiben. -- Die Welt ist doch ziemlich klein geworden, nicht wahr?



P.S.: Zu den Gruenen faellt mir nicht allzuviel ein. Jahrzehntelang haben sie die Atomindustrie nebst der dringend notwendigen WAA`s kaputtdemonstriert, und kaum ist Herr Trittin im Amt, wird sein Fussvolk kurzerhand von den Informationen ueber Castor-Transporte abgeschnitten. War Trittin frueher nicht sogar der groesste Schreihals der sogenannten `Fundis`?? Wenn die Gruenen nicht schon genauso entmuendigt sind, wie seinerzeit die F.D.P., dann ist das ja wohl der erste, der reif ist, oder?

[Micky_Maus]

Sehr interessantes Statement, und das auch noch in deutsch.

Dass es im Kosovo-Konflikt erst einer US-Intervention bedurfte, zeigt natürlich die Unfähigkeit der Europäer. Besonders Frankreich stellt sich immer wieder gegen millitärische Optionen. Andererseits frage ich mich aber, warum die USA sich wirklich in alles einmischen müssen. Von anderer Seite zeigt sich nämlich, dass die USA diesen Krieg letztlich wollten und Milosevic unannehmbare Forderungen stellten. Durch die täglichen Hurra-Meldungen über saubere Angriffe bekam man wirklich einen einseitigen Eindruck. Wie war noch das Unwort des Jahres? -Kolateralschaden.
Im Irak-Konflikt war Israel nur durch gutes Zureden der Amerikaner bereit, stillzuhalten und hätte sich sonst selbst verteidigt, wozu man zweifellos in der Lage ist.

Es gibt keinen Posten in der NATO, wo nicht auch die Amerikaner ihre Ansprüche anmelden. Auch außerhalb militärischer Positionen läuft nichts ohne die USA, siehe nur das Hick-Hack um den IWF-Präsidenten.

Vor einiger Zeit kam Rheinmetall unter Druck aufgrund einer angeblichen finanziellen Schieflage. Zuletzt dann das Gerücht über einen großen amerikanischen Investor. Der Freefloat (34%) gefällt mir auch nicht so gut.

Der zuletzt starke Dollar gefällt mir überhaupt nicht. Europäische Firmen können damit sehr gut leben, aber für die USA wird er zum Problem. An dem arroganten Spruch It`s our currency and it`s your problem werden sich die Amerikaner noch verheben. Solange diese Schieflage bestehen bleibt, wird auch der Gesamtmarkt Probleme haben.
Interessant sind für mich jetzt die Telefongesellschaften Worldcom und PT, denn mittlerweile sind die Kurse dermaßen niedrig, dass sie ein niedriges KGV und KUV haben. In der Panik verkaufen Investoren eben auch die Perlen und handeln damit sehr unklug. Auf Dauer korrigiert der Markt die Unterbewertung.

Mal sehen, ob LMT in dieser Woche die 40$ packt, was ich aber nicht glaube.

[Gatsby2]

Ob die Amerikaner das Engagement im Kosovo wirklich wollten, weiss ich nicht. Jedenfalls haben sie sich vor einer Intervention ziemlich lange feiern lassen. Viel zu gewinnen gab es ja dort auch wirklich nicht. Aber viel zu verlieren, zumal die Zurueckdraengung ihres Vasallenregimes doch eine recht offene Provokation der Russen war. Letztlich haben es sich Milosevic und sein psychopathischer Adlatus Karadzic durch ihre ethnischen Saeuberungen wohl doch selber zuzuschreiben. Das schlimme daran, genauso wie im Irak und eigentlich in jedem Krieg ist, dass diejenigen am schlimmsten Leiden, die eigentlich nichts oder nur sehr wenig dafuerkoennen: die Zivilbevoelkerung. Sowas kann man mit "Praezisionswaffen" zwar minimieren, aber es ganz ausschliessen zu wollen, halte ich eher fuer eine Illusion.

Dass die Amerikaner versuchen, ihre Leute in internationalen Gremien zu installieren ist ein legitimes Anliegen jeder Aussenpolitik. Und wie der Ausgang beim IWF zeigt, kommen sie dann doch nicht immer damit durch.

Der starke Dollar wird der U.S. Wirtschaft bestimmt Probleme bereiten. Schon jetzt koennen sich viele potentielle Kaeufer amerikanischer Produkte diese aufgrund des Waehrungsgefaelles nicht mehr leisten. Allerdings fragt sich, wie lange der Dollar noch so stark bleiben wird. Die neue Regierung scheint mir naemlich von einem Teil der Loesung zu einem Teil des Problems zu werden. Das einzig wirklich grosse Wahlversprechen, die Steuersenkung, wird von vielen Oekonomen, m.E. zu recht, als reichlich unsinnig angesehen.

Bush plant querbeet eine lineare Steuersenkung, die sicherlich in allererster Linie seinen wohlhabenden Goennern zugute kommen wird. Bloss sind das wohl kaum diejenigen, die die hohen Konsumentenschulden und Wertpapierkredite vor sich herschieben. Auch die toenende Behauptung, der Haushaltsueberschuss sei denjenigen zurueckzugeben, denen er gehoert, entpuppt sich bei naeherem Hinsehen als inhaltsleer. Denjenigen, denen der Haushaltsueberschuss gehoert, gehoert naemlich zugleich auch der Schuldenberg. Und wenn Bush die Staatsverschuldung lieber weiter auflaufen laesst, um nur seine Spezis schoen kraeftig zu bedienen, laeuft er Gefahr damit ueber kurz oder lang die Zinsen hochzutreiben, wogegen Greenspan bzw. dessen Nachfolger dann wohl ziemlich machtlos sein duerfte. Aber Staatsverschuldung kann man ja schliesslich auch durch Inflation relativieren, und die wird dann wiederum die Spezis von G.W.B. beguenstigen.

Trotzdem wuerde ich die amerikanische Wirtschaft lieber nicht unterbewerten wollen, denn Spekulationsblase hin oder her: es ist ja nicht so, dass dort nicht tatsaechlich eine Wachstumswirtschaft geschaffen worden waere. Und damit meine ich nicht nur die IT-Branche, sondern auch Biotechnologie und alles, was dazugehoert. Darum habe ich neben Caliper (war leider ziemlich teuer) auch noch Orchid Bioscience, Aclara Bioscience, Nanogen und Motorola auf der Watchlist.

Und wer weiss, vielleicht haben wir ja Glueck und die Berater des Herrn Bush kommen doch noch auf den Teppich und entsinnen sich der Theorien des guten alten Keynes. In Kalifornien waren schliesslich schon die Lichter aus, und auch andernorts koennte die Infrastruktur mal wieder eine kleine Auffrischung vertragen. Falls Herr Bush dies auch begreift, wuerde ich mir mal Kraftwerksbauer und sonstige Unternehmen in der Richtung ansehen.

Wenn Lockheed diese Woche ueber die $40 ginge, waere ich auch eher ueberrascht. Die sogennannte `Durchsicht` aller grossen Ruestungsprojekte belastet alle, die bei der Entwicklung vorgeleistet haben und jetzt auf den Kapitalkosten sitzen. Die glorreichen Ankuendigungen des Herrn Rumsfeld machen technisch z.T. recht wenig Sinn, und ueberhaupt sieht mir das Ganze eher nach Planlosigkeit aus. Wenn die neue Administration wirklich ein Konzept haette, brauchten sie nicht derart Zeit zu schinden...

[Gatsby2]

Die Scheichs kaufen wieder. Saddam und die Mullahs scheinen die Region gruendlich gespalten zu haben. Oder taeuscht das alles nur?

Sunday March 18 2:01 PM ET
Gulf Arms Bazaar Opens for Business

By ANWAR FARUQI, Associated Press Writer

ABU DHABI, United Arab Emirates (AP) - The show grounds were prickly with tanks,
missiles, grenade launchers, machine guns, radar, trucks, and enough other equipment to start a
small war Sunday as 860 arms makers from around the globe courted some of their best
customers - tiny, oil-rich Gulf states that have been spending heavily on weapons since the Gulf
War (news - web sites).

``Gulf countries account for 20 percent of all the arms sold in the world,`` said Paul Beaver,
spokesman for the Jane`s Information Group, which publishes the respected Jane`s Defense
Weekly. ``The world spent $81.8 billion in arms last year, and we estimate that to increase by 2
percent every year for the next five years.``

Nearly every arms maker in the world is drawn to the biennial International Defense Exhibition in Abu Dhabi, capital of the
United Arab Emirates. This year`s version of the arms bazaar known as Idex opened Sunday and closes Thursday.

Last year, the Emirates placed one of the biggest defense orders in the world, buying 80 F-16 fighters from Lockheed Martin
of the United States.

On Sunday, the official Emirates News Agency quoted an official from the U.S.-based defense giant Raytheon Co. as saying
the country was negotiating the purchase of hundreds of air-to-air and air-to-ground missiles for the F-16 fighters.

The deal is worth billions of dollars, the official said, without giving the precise figure. He said the Emirates was also
negotiating with other companies for the F-16 rockets.

On Friday, Oman said it is increasing defense spending by 38 percent and wants to buy an unspecified number of F-16s.

The United States, the main guarantor of security for Gulf Arab nations, has long advised the countries to acquire similar
weapons that would complement each other in time of war.

Following the 1991 Gulf War, in which a U.S.-led international coalition forced Iraq to reverse its invasion of Kuwait, Kuwait
and others in the Gulf have invested heavily on weapons and signed defense cooperation agreements with major Western
countries. Aggressive, much larger neighbors such as Iraq and Iran have made many of the smaller countries nervous.

Iran signed a $7 billion arms agreement with Russia last week, further fueling the regional arms race. Also, oil prices have
been soaring and look to remain strong, so there is more money to spend on arms.

Brazil, Ireland, Kazakhstan and Bosnia make their debut at this year`s Idex. Organizers said Saturday that all countries were
welcome - except Israel, which many Arab countries do not recognize.

[Gatsby2]

Monday March 19, 3:26 pm Eastern Time

Press Release

SOURCE: Lockheed Martin Corporation

Lockheed Martin Realigns Internal Information Organization

BETHESDA, Md., March 19 /PRNewswire/ -- Lockheed Martin Corporation (NYSE: LMT -
news) today realigned its internal information systems and support business, Lockheed Martin
Enterprise Information Systems (EIS) to support the Corporation as it moves forward in
embracing Electronic Commerce.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010319/DCM054 )

With this realignment, Joseph R. Cleveland, Corporate CIO and president of EIS, will report
directly to the corporation`s President and Chief Operating Officer Robert J. Stevens. EIS will
play a critical leadership role in integrating Lockheed Martin`s e-business initiatives.

``This realignment will enable EIS to bring even greater value to the Corporation and its
businesses through accelerated decision-making, more strategic deployment of IT resources,
and the aggressive pursuit of new business opportunities,`` said Lockheed Martin Chairman and
Chief Executive Officer Vance Coffman.

Cleveland is responsible for formulating Lockheed Martin`s information technology vision and
strategy, consolidating the company`s information technology resources, implementing
e-commerce initiatives, leveraging economies of scale, and supporting other Lockheed Martin
businesses in their pursuit of external opportunities that are in line with the corporation`s
strategy.

Prior to the merger of Lockheed and Martin Marietta, Cleveland was vice president and
general manager of Martin Marietta Internal Information Systems. Other assignments include
manager of Aerospace Information Technology and manager of Information Technology for
the Defense Systems business of GE Aerospace. Cleveland began his GE career in 1970 as a
member of the engineering department of GE Medical Systems and subsequently, held various
position of increasing responsibility including manager of Systems Engineering and manager of
Operations Design and Support. From 1982 to 1986, he held an international assignment as
Managing Director of GE Medical Systems Operation, Radlett, England.

Born in Shelbyville, Tennessee, Cleveland received his bachelor`s degree in Electrical
Engineering from Tennessee State University and has completed extensive technical, business
and leadership development training throughout his career.

EIS has been instrumental in advancing Lockheed Martin`s information technology goals, including significant enhancements and
cost reductions to our business systems infrastructure, the development of a state-of-the-art electronic messaging system and the
creation of a robust, secure intranet. The organization also has helped Lockheed Martin businesses take full advantage of the
World Wide Web and related new technologies to improve the corporation`s productivity and competitiveness.

Headquartered in Bethesda, Maryland, Lockheed Martin is a global enterprise principally engaged in the research, design,
development, manufacture and integration of advanced-technology systems, products and services. The Corporation`s core
businesses are systems integration, space, aeronautics, and technology services.

SOURCE: Lockheed Martin Corporation

[Gatsby2]

Das ist wirklich eine mutige Entscheidung des Managements. Frechheit siegt, selbst wenn sie vielleicht $ 185 Mio. kostet.

Monday March 19, 8:19 pm Eastern Time

Press Release

SOURCE: Lockheed Martin Aeronautics Company

Lockheed Martin Begins Assembly of U.S. Air Force`s First Operational F-22 Raptor

FORT WORTH, Texas, March 19 /PRNewswire/ -- Assembly of the first operational F-22
Raptor fighter began here today during a short ceremony attended by U.S. Air Force officials
from Tyndall AFB, Fla. -- the future home of this particular next-generation aircraft.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010319/DAM057 )

``We`re pleased to begin this, the 20th mid-fuselage we`ve built since the program began in
1991,`` Gary Keith, Lockheed Martin (NYSE: LMT - news) Aeronautics Company deputy
program manager for the F-22 said during the event. ``With each one, we`ve learned how to
build them more quickly and more cost effectively.``

During the ceremony, LM Aero mechanics began assembling the aircraft`s mid-fuselage, the
largest and most complex structural component of the F-22. It is in the mid-fuselage where the
aircraft internally carries its weapons, much of its fuel, and a large number of its major
subcomponents, including the majority of the Raptor`s electrical, hydraulic, landing gear and
flight control systems.

Assembly of the mid-fuselage for Raptor 4018, as this F-22 is designated, will take
approximately 11 months. Once completed, it will be delivered to LM Aero`s Marietta, Ga.,
facility, where the aircraft`s forward fuselage, wings, aft fuselage, and vertical and horizontal
tails will be attached and its F119 engines will later be installed. First flight and delivery of
Raptor 4018 to Tyndall AFB are tentatively scheduled for early 2003.

Tyndall AFB is home to the Air Force`s 325th Fighter Wing, the ``schoolhouse`` where future
F-22 pilots will be trained to fly and fight in this 21st century air dominance fighter. Today`s
event is a key event in the program`s march toward delivering the first F-22 Raptor to Tyndall
AFB.

``The 325th Fighter Wing looks forward to welcoming the F-22 to the Florida panhandle, and to
the prospect of training pilots and maintainers with the very best fighter aircraft in the world,``
U.S. Air Force Lt. Col. Leigh Hinkle, Chief of the F-22 Integration Office at the 325th, said
during today`s ceremony.

``The F-22 will launch a new era in air combat. We are excited about the future it will provide
the U.S. Air Force, and we are proud to integrate the Raptor into our mission and embrace the
challenges that lie ahead.``

The F-22A Raptor is the world`s first stealthy air dominance fighter, and is capable of multiple missions. Deadly and unseen at
long range, unmatched at close-in dogfighting, and with superb, precision ground attack capabilities, the F-22 will dominate the
skies over any future battlefield.

The F-22 is being built by Lockheed Martin (and Boeing as principal subcontractor, with engines supplied by Pratt & Whitney) for
the U.S. Air Force. It is currently in the engineering and manufacturing development (EMD) phase.

To date, LM Aero has built 19 F-22 mid-fuselages. The first 11 were used by the program`s flight or ground-test aircraft. Three
more mid-fuselages were built for the program`s Production Representative Test Vehicles (PRTVs), test airplanes that will later
join the U.S. Air Force`s operational inventory. LM Aero is currently assembling five additional PRTV mid-fuselages, and all will
be finished during 2001.

The Air Force plans to field 339 Raptors during the next decade to replace its fleet of F-15 Eagles. The first Raptor squadron is
scheduled to be operational in 2005.

For more information about the F-22 Raptor, please visit: www.f22-raptor.com

SOURCE: Lockheed Martin Aeronautics Company

[Gatsby2]

Tuesday March 20, 7:03 am Eastern Time

Press Release

LMGT Offers Quality of Service for Its Broadband VSAT Products

Feature Will Allow LINKWAY To Prioritize Bandwidth Allocation

BETHESDA, Md.--(BUSINESS WIRE)--March 20, 2001--Lockheed Martin Global Telecommunications (LMGT) today announced its LINKWAY(TM) family
of satellite networking products now offers Internet Protocol (IP) Quality of Service (QoS).

For LINKWAY users, this new feature allows a network to prioritize competing applications. This improves the efficiencies of networks run over LINKWAY by
allocating bandwidth to meet the priorities established by the users.

The QoS feature will also enable service providers to better fulfill their Service Level Agreements (SLA) with their end customers by categorizing the traffic according
to the guaranteed grade of service specified in the contracts.

``With the growing reliance on networks to provide global transport of mission critical applications and information, LMGT needs to provide our customers the most
reliable network infrastructure,`` said Benjamin Pontano, president and general manager of LMGT Products.

``This new IP QoS offering from our LINKWAY family of satellite networking products will allow our customers to offer superior service levels for mission critical
and delay sensitive applications.``

Standard IP-based networks, including satellite-based IP networks, deliver traffic on a ``best effort`` basis where there are no priorities for different applications
(voice, video, data, etc.) or physical connections (Local Access Network (LAN), dial-up, etc.). This makes IP-based networks very scalable but provides no
assurances of data delivery.

LINKWAY`s IP QoS provides a method for classifying services and prioritizing applications. QoS can be applied to individual traffic flows identified by transport
protocol, source IP address and port number, or destination IP address and port number.

The new feature will allow customers to increase delivery rates of crucial corporate data and delay sensitive applications. Crucial corporate data includes on-line
financial transactions, customer purchase orders, inventory status, shipping information, manufacturing control records, customer service and customer relationship
management information.

Delay sensitive applications include packet telephony, packet video conferencing, digital media delivery, interactive server logins, and data collaboration.

LINKWAY is a very small aperture terminal (VSAT) platform for broadband multimedia applications via satellite. The LINKWAY family of products can integrate
satellite communications easily and efficiently into advanced terrestrial networks.

LINKWAY can be configured with a variety of antenna sizes, down to very small 1.0 meter antennas that fit on a building rooftop, allowing businesses in urban or
remote locations to easily access satellite communications.

LINKWAY products can offer wireless cellular and Internet Service Providers` Point-of-Presence connectivity with asymmetric and multi-rate features for locations
where there are no reliable high-speed lines. Bandwidth-on-Demand (BoD) and multicasting capabilities also make LINKWAY well suited for videoconferencing,
Web-caching, distance learning and telemedicine applications.

For further information on LINKWAY terminals, please call LMGT at [phone] or e-mail to [e-mail].

Lockheed Martin Global Telecommunications, a wholly owned subsidiary of Lockheed Martin Corporation (NYSE: LMT - news), delivers secure, reliable,
advanced-technology products and services to help enterprise customers leverage their telecommunications and information technology assets.

LMGT has annual revenues in excess of $1 billion and employs 4,000 personnel worldwide with major points of presence in North and South America, Europe and
Asia.

Contact:

Lockheed Martin Global Telecommunications
Emily Donavan (Telexpo 2001)
Booth: No. 301 Green Pavillion
Voicemail: 301-214-3309

[Gatsby2]

Zumindestens ein paar Leute haben heute an Aktien Geld verdient. Vance Coffman kriegt wieder seinen Bonus.

Der Inhalt des Artikels bedarf indessen einer kleinen Korrektur: Coffman hat auch im letzten Jahr einen Bonus bekommen, nur hat er ihn - weil seines Erachtens unverdient - an die Firma zurueckgegeben.

Tuesday March 20, 3:14 pm Eastern Time

Lockheed chairman rewarded for a productive 2000

WASHINGTON, March 20 (Reuters) - Vance Coffman, the chairman who orchestrated
changes at Lockheed Martin Corp. (NYSE:LMT - news) that helped the defense giant exceed
performance goals last year, saw his bonus rise to $2.5 million in 2000 from zero in 1999,
Lockheed said on Tuesday.

The 56-year-old Coffman also received a slight boost in his base salary to $1.29 million, according to a proxy filed with the
Securities and Exchange Commission.

In addition, he received $1.9 million in restricted stock awards and options for 600,000 shares that could be worth about $18 million
if Lockheed`s shares rise 10 percent over the life of the options, Lockheed added. The options have an exercise price of $18.50
each and expire on Jan. 30, 2010, the statement said.

Shares of the Bethesda, Md.-based company lost $1.15, or 3.18 percent, to $35.05 in afternoon trading on the New York Stock
Exchange. Over the past 52 weeks, the shares have been as low as $16.94 and as high as $39.50.

The compensation figures showed a rise from 1998 and 1999, when Lockheed had ``a series of financial and operational
setbacks,`` prompting Coffman to change the way his company was structured and managed, Lockheed said.

The initiative included streamlining operations, repositioning certain high-potential businesses to unlock value through strategic
partners and external capital, and evaluating the divestiture of non-core businesses.

``As a result of this strategic initiative, the corporation was reorganized with the number of lines of business reduced from 27 to 17
and the sector level of management was eliminated,`` the company said.

In addition to a 23 percent backlog rise at the end of 2000 from 1999, Lockheed also decreased total debt while free cash flow
reached more than $1.8 billion in 2000, according to the proxy.

The company`s ``view is that his leadership as supported by the management team was key to the corporation`s positive financial
and operational performance this year and in meeting all the goals of the strategic initiative.``

The raise in Coffman`s salary and bonus reflected Lockheed`s belief that ``his individual contribution to that performance had been
a significant factor,`` the company added.

[Gatsby2]

Tuesday March 20, 7:25 pm Eastern Time

Press Release

SOURCE: Lockheed Martin

Lockheed Martin`s Warfare System Paves the Way to Next Generation Aircraft Carriers

MOORESTOWN, N.J., March 20 /PRNewswire/ -- Lockheed Martin (NYSE: LMT - news) announced today that it has been
awarded a $446 million contract by Newport News Shipbuilding to develop the Integrated Warfare System (IWS) that will pave
the way to the next generation of aircraft carriers. The contract has an additional $40 million option for added scope. This award
marks Lockheed Martin`s strong entry into the nuclear aircraft carrier market. The lead company for this contract is Naval
Electronics and Surveillance Systems-Surface Systems (NE&SS-SS), which will apply its expertise in integrating diverse systems
into a single, open-architecture, scaleable weapon system based on off-the-shelf computer technologies.

Joseph D. Antinucci, president, Lockheed Martin Naval Electronics & Surveillance Systems, commented, ``We are excited to
partner with Newport News Shipbuilding and to be the first to bring total warfare systems integration to U.S. aircraft carriers. We
are looking forward to providing the warfare system design that will take the Navy to the next generation of aircraft carriers.``

Fred P. Moosally, president, Lockheed Martin NE&SS-Surface Systems, added, ``The integration and delivery of the CVN 77
warfare system is the first time individual systems such as sensors, command and control and self defense functionality will be
available over a commercial information infrastructure in a U.S. aircraft carrier. Through our Open Business Model(TM)* process
we can apply the most advanced technologies available at the lowest cost throughout the design, development and production
phases.``

Newport News Shipbuilding will be able to deliver the latest in technology to its Navy customer because Lockheed Martin will
integrate all onboard warfare decision centers, eliminate stove pipe systems, and provide a design that supports cost-effective
upgrades over the 50 year life of the ship.

The as-yet unnamed CVN 77 will be the transition ship from the current Nimitz Class aircraft carriers to the next class of carriers,
termed CVN(X).

Lockheed Martin`s systems engineering, development and integration work will be performed primarily in the new Virginia
Advanced Ship and Carrier Integration Center (VASCIC), that will open this summer adjacent to Newport News Shipbuilding.

Best known for designing, building, and integrating the Aegis Weapon System into U.S. destroyers and cruisers, Lockheed Martin
NE&SS-Surface Systems has designed a number of fully integrated, complex systems for other classes of surface ships. Core
competencies include radar and RF sensors, command and control systems including C4ISR systems, shipwide integrated
computing infrastructures and integrated topside designs. It is one of five major lines of business comprising the Lockheed Martin NE&SS business segment, which
serves surface ship and submarine customers worldwide. NE&SS is an operating segment of the Lockheed Martin Systems Integration business area.

Headquartered in Bethesda, Md., Lockheed Martin Systems Integration is one of four principal business areas within the Lockheed Martin Corporation. The other
business areas are Aeronautics, Space and Technology Services.

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

For information on Lockheed Martin Naval Electronics & Surveillance Systems visit: http://ness.external.lmco.com/ .

For additional information on NE&SS-Surface Systems, visit: http://ness.external.lmco.com/nessm .
Open Business Model(TM) is a trademark of Lockheed Martin Corporation.

SOURCE: Lockheed Martin

[Micky_Maus]

Die Schwäche an den US-Märkten gewinnt an Breite. Dem kann sich auch Lockheed Martin nicht entziehen.
Wie gut Lockheed positioniert ist, berichtet Business Wire:

Orlando, March22, 2001

Lockheed Martin is one of only three companies awarded contracts in all four domains of the U.S. Army`s Simulation, Training and Instrumentation Command (STRICOM) Omnibus Contract (STOC) worth up to $4 billion over eight years.
Lockheed Martin Information Systems captured the fourth and final award in the Lot IV test -instrumentation domain of the indefinite delivery/indefinite quantity (ID/IQ) contract. The test-instrumentation domain involves products and services such as targets, simulations and instrumentation systems that allow assessment of military equipment effectiveness.
"In 1994, Lockheed recognized the need to invest in combining its simulation and training resources into a world-class facility near the U.S. Army`s center of excellence", said Lockheed Martin Information Systems President John Hallal. "That foresight has paid dividends in making our corporation a valued partner in the development of the Army`s next generation of training and instrumentation systems."
Earlier STOC award announcements made in the fourth quarter of 2000 and January 2001 were for: Lot I live domain, which entails use of advanced distributed learning, training range instrumentation, and laser-based tactical engagement simulation systems to simulate military operations using live forces and weapons systems; Lot II virtual domain, which uses computer-based systems to simulate hardware, systems and munitions for the training of individual or collective groups of souldiers; and Lot III constructive domain, which includes war games and automated simulations that represent actions of people and systems in the simulations as well as entity level force simulation and models.
"STOC is designed to allow STRICOM to respond quickly to contrcting requirements in support of solider simulation and training needs throughout the Army, DoD and related government agencies", said Brig. Gen. Stephen Seay, Commanding General U.S. Army Simulation, Training, and Instumentation Command. "By selecting a group of contractors who have demonstrated superior capabilities and are prepared in advance, STRICOM can be more responsive to contracting requirements."

Lockheed Martin`s ground simulators train war fighters to maneuver as units through photo-realistic virtual synthetic environments, its live-fire targetry and tactical engagement systems train soldiers to operate in the stress and lethality of combat, its constructive simulations prepare Army leaders to address future conflicts and Lockheed Martin`s flight simulators take pilots from initial qualification training all the way through real-time, virtual combat mission rehearsal.

Lockheed employs approximately 6,500 employees in Central Florida operations.
Headquartered in Bethesda, Md., Lockheed is a global enterprise principally engaged in the research, design, development, manufacture and intagration of advanced-technology systems, poducts and services. The Corporation`s core businesses are systems integration, space aeronautics, and technology services.
More: www. lockheedmartin.com/Imis
www.stricom.army.mil

@www.thestreet.com

[Gatsby2]

Micky, wie wir sehen, bleibt unsere kleine Wette doch weiter spannend.

Allerdings hatte Lockheed heute noch mehr Nachrichten, und wie Du ja weisst interessiert mich die Sparte Global Telecommunication mehr, als alles andere.

Thursday March 22, 10:23 am Eastern Time

Press Release

ARINC and COMSAT Mobile Launch Newest
Aeronautical Mobile Satellite Services

Aero- I & H+ Services Offer Improved Voice, Fax, and Data Communications for Small to Large Aircraft

ANNAPOLIS, Md. & BETHESDA, Md.--(BUSINESS WIRE)--March 22, 2001-- ARINC Incorporated of Annapolis, Maryland,
and COMSAT Mobile Communications (CMC) have implemented two new commercial aeronautical satellite communications
services for the busy North Atlantic (Europe - United States) and the Pacific Ocean air corridors.

The newest commercial offerings, Aero-I and H+, accommodate the growing demand for satellite voice and data communications
service by passengers and crew, among a wide range of commercial, cargo, government, and business aircraft. The weight, size,
and cost of onboard Aero-I equipment make it suitable for installation on smaller, medium-haul aircraft.

Aero-H+ service also can be acquired by upgrading Aero-H equipment currently in use on larger, long-haul aircraft. Both services
make more efficient use of satellite resources, and as a result, prices for the services are more economical.

Using Aero-I and Aero-H+ services, passengers will be able to phone the office or home and send fax messages while en route to
their international destinations. Safety of flight and cockpit operations will also be enhanced by the availability of Aero-I and
Aero-H+ services.

``ARINC is committed to providing a full spectrum of global satellite services to the airline industry,`` said Carl Wheatley, director
of ARINC`s InFlight Communications Service. ``Agreements for worldwide Aero-I and H+ service are complete, with service
available today for the majority of the world`s air traffic, from Asia across the Pacific, the Americas, and east across the Atlantic
through Europe. We will complete coverage for the remaining area this summer.``

``Aero-I and H+ services offer ideal satellite communications solutions that fulfill the requirements of many sectors of the aviation
industry,`` said Kathryn Y. Holman, vice president and general manager of COMSAT Mobile Communications. ``Our new
services support safety, flight, and cockpit operations, as well as administrative, passenger voice, and data applications. Offering
Aero-I and H+ services demonstrate CMC`s commitment to the aeronautical industry by expanding aeronautical applications to
provide a full array of high-quality communications that are economical, dependable, and easy to use.``

ARINC Incorporated develops and operates communications and information processing systems for the aviation and
transportation industries and provides systems engineering and integration solutions to government and industry. ARINC is ISO
9001 certified. Founded in 1929 to provide reliable and efficient radio communications for the airlines, ARINC is headquartered in
Annapolis, Md., with more than 3,000 employees worldwide.

COMSAT Mobile Communications, a business unit of Lockheed Martin Global Telecommunications, provides maritime,
aeronautical, and land mobile satellite data, high-speed data, Internet access, and voice communications services to customers
worldwide via the Inmarsat satellite system.

Lockheed Martin Global Telecommunications, a wholly owned subsidiary of Lockheed Martin Corporation (NYSE:LMT - news),
delivers secure, reliable, advanced-technology products and services to help enterprise customers leverage their
telecommunications and information technology assets. LMGT has annual revenues in excess of $1 billion and employs 4,000
personnel worldwide with major points of presence in North and South America, Europe, and Asia.

Contact:

Lockheed Martin Global Telecommunications
Tom Surface, 301/214-3419
[e-mail]
or
ARINC
Robert F. Jefferson, 301/266-4651
[e-mail]

[Gatsby2]

Ein weiterer Meilenstein bei den Testreihen fuer das JSF-Programm: Lockheed`s neuartige Technologie fuer den Senkrechtstart erweist der konventionellen Technologie Boeing`s hoch ueberlegen.



Friday March 23, 11:38 am Eastern Time

Press Release

SOURCE: Lockheed Martin Aeronautics Company

X-35B Completes Hover Pit Testing

PALMDALE, Calif., March 23 /PRNewswire/ -- Lockheed Martin`s Joint Strike Fighter (JSF) X-35B demonstrator aircraft has
successfully completed hover-pit testing of its short takeoff/vertical landing (STOVL) propulsion system with all major test goals
accomplished on schedule.

The tests confirmed that the X-35B`s unique shaft-driven lift fan propulsion system produces abundant vertical lift, lower exhaust
temperatures and a more acceptable ground environment than traditional direct-lift systems, while eliminating hot-gas reingestion
problems typical in conventional STOVL designs.

``STOVL temperature and velocity measurements were even better than predicted, and we achieved sustained, full operational
thrust,`` said Harry Blot, deputy program manager for the Lockheed Martin JSF and a former Harrier pilot. ``This not only
positions the X-35B for STOVL flight this summer, but also means that no further engine development is needed to meet JSF
STOVL requirements. The Pratt & Whitney engine and Rolls-Royce fan performed beautifully.``

Hover pit tests were conducted with a special landing gear that allowed load cells to measure STOVL lift forces and moments
directly, while keeping the airplane from lifting into hover at higher power settings. Over a two- week period, the Lockheed Martin
team conducted more than 100 test series with all control functions fully under pilot command.

``Everything worked as advertised. It was totally reliable,`` Blot said.

X-35B lead STOVL pilot Simon Hargreaves of BAE SYSTEMS performed full rehearsals of vertical-flight missions, including
conversions from conventional takeoff and landing (CTOL) mode to STOVL modes. Measurements showed no thermal distress
from either hot-gas reingestion or any flow-field effects on the aircraft surfaces. Instrumentation also recorded favorable thermal
conditions at ground level near the airplane.

The test series included 26 lift-fan clutch engagements from CTOL to STOVL mode at high engine RPM. The X-35B repeatedly
operated at maximum STOVL thrust levels for periods of up to 90 seconds. Individual test series were regularly run with a full
aircraft fuel load for as much as an hour.

``All 26 conversions worked exactly as expected,`` Hargreaves said. ``Noise level and vibration in the cockpit were virtually
unchanged at idle compared to CTOL levels. The propulsion system responded predictably to pilot inputs, and thrust and
thrust-vector commands were crisp. Noise and vibration at full power with the thrust vector at the hover setting were comfortable.``

Tests were conducted with the hover pit in several configurations, including open-grate conditions to represent out-of-ground-effect flight, and with the pit fully plated
over to represent ground-effect conditions during vertical landings or takeoffs.

``This series of STOVL testing captured the full level of system integration for the X-35B`s integrated flight propulsion control system,`` said Scott Winship, X-35B
STOVL product team lead for Lockheed Martin. ``We performed conversions across the full range of operation, including tests of conversion aborts at any point
during the sequence, to confirm our control methods are robust. We even tested the X-35B in full CTOL afterburner to show that this system retains the full
up-and-away performance of a world-class fighter.``

By demonstrating JSF commonality and performance now, the Lockheed Martin team is working to lower technical risk and cost later in the program.

Lockheed Martin (NYSE: LMT - news), in partnership with Northrop Grumman (NYSE: NOC - news) and BAE SYSTEMS, is competing to build the JSF for the
United States and United Kingdom. Government selection of a single contractor is set for fall 2001.

For information on JSF and Lockheed Martin Aeronautics Company, visit: http://www.lmaeronautics.com

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

For government information on the Joint Strike Fighter program, visit http://www.jast.mil

SOURCE: Lockheed Martin Aeronautics Company

[Gatsby2]

Wer das nicht liest, ist selber schuld. Aber warum sich aufregen? Im letzten Jahr sind die 100%+ Aktien ja auch nur so von den Baeumen gefallen ...

Lockheed Wins Needed to Sustain Investors Interest (Update2)
By Tony Capaccio

Washington, March 23 (Bloomberg) -- Lockheed Martin Corp. is competing for at least six
big U.S. defense contracts this year. Winning them would help sustain a revival of investor
interest in the No. 1 defense contractor, analysts said.

The company is vying for the $200 billion Joint Strike Fighter project, the most lucrative
production program in military aviation history. It also is competing for a number of Air
Force and Navy contracts and to build a NASA space telescope.

Lockheed shares have almost doubled in the past year as the company landed several large
aircraft orders and turned around its missiles and space unit. In the 12 previous months, the
stock fell 59 percent while Lockheed reeled from setbacks, including failures with
anti-missile systems and booster rockets. Winning the contracts would confirm the
turnaround, investors said.

``Lockheed has to prove to the investment community that it has righted the ship,`` said
Thomas Leritz, an analyst with Banc of America Capital Management, which owns
830,902 Lockheed shares.

Lockheed ended 2000 with an order backlog of $56.4 billion, a 23 percent increase over
1999. It sold $6 billion F-16 fighters to the United Arab Emirates and delivered more
C-130J transports. The company has orders for 111 C-130Js, and needs just nine more to
book a profit on the once-troubled program.

``The Street is a lot more confident about the company`s ability to win new defense
business given the performance it`s demonstrated in 2000,`` said Byron Callan, an analyst
with Merrill Lynch & Co. who rates Lockheed a ``neutral.``

Lockheed shares rose 90 cents to $34.90

Strike Fighter

The biggest prize would be the winner-take-all contract to develop and produce the Joint
Strike Fighter. Lockheed is vying with Boeing Co. for the contract. The government won`t
decide before September whether to enter a $19 billion full-scale development phase.

The company faces smaller though important competitions before then, including contracts
to update 530 C-130 transports. Lockheed, the original C-130 builder, is pitted against
Boeing and BAE Systems Plc.

``There are huge implications when you consider the number of C-130s around the world,``
said Darleen Druyun, the Air Force`s top acquisition official, in an interview. ``They would
have a huge foreign military sales base.`` The winner should be selected by early May, she
said.

In June, the Navy is expected to select a contractor to design and build 30 DD-21
destroyers, a $32 billion program. Lockheed`s team, led by General Dynamics Corp., is
competing with a group led by Litton Industries Inc. The contract could mean as much as
$675 million in sales to Lockheed through 2004, said Paul Nisbet, an analyst for JSA
Research Inc. in Newport, Rhode Island, who rates Lockheed a ``buy.``

Hubble Replacement

The Air Force is scheduled to select a winner in July in the $1.7 billion competition between
Lockheed and a team led by Honeywell International Inc. for the service`s Satellite Control
Networking system.

Lockheed is competing with TRW Inc. for what could be a $400 million contract to build
NASA`s Next Generation Space Telescope, the replacement for the Hubble Space
Telescope. The Hubble was built by a former Lockheed division that was headed by
Vance Coffman, now chairman and chief executive.

``2001 provides plenty of opportunities across all our product areas,`` said Robert Trice,
Lockheed`s vice president of corporate business development, in an interview.

The company also is eyeing the potential to sell 50 more F-16 fighters to Israel for more
than $2 billion, Trice said. Israel is under contract for 50 fighters and has an option to buy
another 50 by December.

Lockheed`s biggest customer, the Air Force, said the company has improved client relations
within the past two years.

``Lockheed has become very customer-oriented, customer- focused,`` Druyun said. ``Could
I have said this in early 1999? No. I felt there was a lot of room for improvement.``

F-22 Decision

She said Lockheed officials in 1999 seemed poorly informed about their programs, for
example, when they met with the Air Force.

The company suffered a setback after Defense Secretary Donald Rumsfeld told Congress
March 6 he was delaying until later this year a decision on whether to allow the F-22
fighter to enter low production -- a $2 billion contract. A decision had been expected this
month.

Rumsfeld may seek to spend more on long-range bombers and unmanned aircraft, and less
on short-range fighters such as the F- 22, the Washington Post reported today, citing
unnamed government officials.

``They`ve got to get that into production,`` Paul Korngiebel, an analyst with Brandes
Investment Partners, the company`s fourth- largest shareholder with 16.3 million shares.

[Gatsby2]

Ein Haufen neue Nachrichten, darum alles in einem Post:

Tuesday March 27, 11:27 am Eastern Time

Press Release

SOURCE: Telenor

Telenor to Acquire COMSAT Mobile Communications from Lockheed Martin Global Telecommunications

OSLO, Norway, March 27, 2001 (PRIMEZONE) - Telenor of Norway (Nasdaq:TELN - news; OSE:TEL) and Lockheed Martin
Global Telecommunications (LMGT) today announced that Telenor will acquire LMGT`s COMSAT Mobile Communications
operations for US$116.5 million in cash. The acquisition, which positions Telenor as a major global satellite mobile operator, is
subject to regulatory approvals.

COMSAT Mobile, with annual revenues in excess of US$100 million, provides global mobile communications solutions to the
maritime, land mobile and aeronautical communities, and offers data, voice, fax, telex and video capabilities via the Inmarsat
satellite constellation.

Telenor`s purchase of COMSAT Mobile operations also includes two earth station facilities in Southbury, Conn., and Santa Paula,
Calif. Linking the two U.S. stations with Telenor`s existing earth station in Eik, Norway, will enable Telenor to offer true global
coverage for satellite mobile communication services. Following the transaction, Telenor will be one of the leading Inmarsat global
operators. Additionally, in September 2000, Telenor purchased a portion of LMGT`s Inmarsat shares to become the largest owner
of Inmarsat, holding the maximum permitted stake of 15 percent.

Stig Eide Sivertsen, chief executive officer of Telenor Broadband Services, commented, ``Our strategy has been to expand our
position as a provider of global mobile satellite communications. Coupled with our strong presence in Europe, this acquisition will
allow us to globalize our service offerings and give our customers the benefit of Inmarsat services on a worldwide basis from a
single service provider. We expect this acquisition to enhance our operational efficiency and to further expand our already wide
range of services.``

John V. Sponyoe, chief executive officer of LMGT, a wholly owned subsidiary of Lockheed Martin Corporation (NYSE:LMT -
news), said, ``This transaction is a positive step in the strategic direction of LMGT and it is consistent with steps to reshape our
portfolio of assets to obtain maximum value for Lockheed Martin shareholders. Telenor has demonstrated its commitment to
making the necessary investments to achieve economies of scale that will allow it to be a leader in the satellite mobile
communications marketplace. We believe that consumers will benefit from this transaction through improved competition in the
rapidly expanding mobile communications marketplace and the delivery of better solutions to end-users.``

While the two companies pursue requisite regulatory approvals from the U.S. government, a process expected to be completed
over the next several months, COMSAT Mobile will continue to operate as an LMGT business unit. Upon completion of the
transaction, COMSAT Mobile will become a key part of the satellite mobile division of Telenor Broadband Services AS, operating
through its wholly owned U.S. subsidiary, Telenor Satellite Mobile Services, a Delaware corporation. Telenor Broadband Services
AS is one of four core business areas within the Telenor Group.

Telenor is a worldwide provider of high-quality telecommunications, data and media communication services, with a particularly
strong focus on mobile, Internet and broadband services. Headquartered in Oslo, Norway, the company is present in more than 30
countries, has more than 21,000 employees, and had revenues of US$4.2 billion in 2000. Internationally, Telenor has over the last
years steadily increased its investments within mobile, Internet, TV-distribution and satellite communications.

LMGT delivers secure, reliable, advanced-technology products and services to help enterprise customers leverage their
telecommunications and information technology assets. LMGT has annual revenues in excess of US$1 billion and employs 4,000
personnel worldwide with major points of presence in North and South America, Europe and Asia.


CONTACT: Telenor Broadband Services AS
Stig Eide Sivertsen, President and CEO,
47 90 95 57 67
E-mail: [e-mail]

Pal Sorensen, Chief Operating Officer,
47 95 21 92 59
E-mail: [e-mail]

Lockheed Martin Global Telecommunications
Charles Manor, Vice President, Communications,
[phone];
E-mail: [e-mail]

SOURCE: Telenor

=========================================================

Tuesday March 27, 1:35 pm Eastern Time

Lockheed Martin says awarded two rocket deals for South Korea

NEW YORK, March 27 (Reuters) - Lockheed Martin Corp. (NYSE:LMT - news) said on Tuesday that one of its missile units
has been awarded two contracts worth $84 million to supply the Republic of Korea with its multiple launch rocket system.

The Bethesda, Maryland-based defense contractor said its Lockheed Martin Missiles and Fire Control had won the two contracts
from the U.S. Army Aviation and Missile Command and plans initial delivery of the MLRS M270 launchers for September 2002.

The MLRS is a surface-to-surface rocket and missile artillery system with a range of 45 kilometers, the company said.

The United States delivered about $611.4 million in arms and related services to South Korea in 1999, according to the Federation
of American Scientists` Arms Sales Monitoring Project, which gathers data on U.S. arms sales worldwide.

During early afternoon trading on the New York Stock Exchange, Lockheed Martin shares were up 66 cents, or 1.83 percent, at
$36.77, a 52-week trading range of $17.25 to $39.5.

========================================================

Ganz wichtig:

Tuesday March 27, 3:21 pm Eastern Time

Press Release

SOURCE: Lockheed Martin Aeronautics Company

Lockheed Martin C-130J Airlifter Critical Software Development Completed

MARIETTA, Ga., March 27 /PRNewswire/ -- The Lockheed Martin C-130J airlifter is now being equipped with a new software
configuration that brings the aircraft`s avionics system to full functionality. Known as Block 5.3, the new software contains
substantial upgrades and new capabilities and is now the baseline for all production C-130J aircraft.

The company has completed all necessary testing to prove the airworthiness of the new software and hardware. The first
modified aircraft is now at the Air Force Flight Test Center at Edwards AFB, Calif., to undergo USAF qualification testing prior to
Block 5.3 being installed in all previously delivered C-130Js.

``Bringing the world`s most advanced airlifter to this standard has at times been difficult,`` said C-130J program vice president Ross
Reynolds. ``But we have overcome those issues and now have the aircraft at a software capability level that will make the
remainder of testing go smoother and entry into operational service much easier.``

Block 5.3, among many other enhancements, gives crews the ability to fly integrated precision radar approaches and also provides
greatly enhanced navigation capabilities as well as fully automatic formation flying. It allows both new C-130Js and older C-130s
to fly in formation using the Coordinated Aircraft Positioning System. Now a mixed fleet of C-130 transports can stay in formation
while the autopilot and auto-throttle systems are engaged. Block 5.3 also corrects many of the operational issues that have been
raised by the U.S. Air Force during development and operational testing.

The new software will be installed in the deployed world-wide fleet of C-130J and the longer fuselage length C-130J-30 aircraft
over a period of about a year, beginning this summer.

Current customers for the C-130J and C-130J-30 include the U.S. Air National Guard and Air Force Reserve Command, U.S.
Coast Guard, U.S. Marine Corps, U.K. Royal Air Force, Royal Australian Air Force, Italian Air Force, and the Royal Danish Air
Force.

Lockheed Martin Aeronautics Company is a leader in the design, development, systems integration, production, and support of
advanced military aircraft and related technologies. Its customers include the military services of the United States and allied
countries around the world. Products include the F-16, F-22, C-130J, F-117, U-2, and Joint Strike Fighter, among other renowned
aircraft.

LM Aeronautics is a unit of Lockheed Martin Corporation (NYSE: LMT - news). Headquartered in Bethesda, Md., Lockheed
Martin is a global enterprise principally engaged in the research, design, development, manufacture, and integration of
advanced-technology systems, products, and services. The corporation`s core businesses are systems integration, space,
aeronautics, and technology services.

http://www.lockheedmartin.com/" target="_blank" rel="nofollow ugc noopener">http://www.lockheedmartin.com/
http://www.lmaeronautics.com/

SOURCE: Lockheed Martin Aeronautics Company

=========================================================

Und Albanien gab`s auch noch. Bestimmt `nen ganz toller deal.

Tuesday March 27, 5:27 pm Eastern Time

Press Release

SOURCE: Lockheed Martin Air Traffic Management

Lockheed Martin Awarded Albanian Air Navigation Services Modernization Feasibility Study Contract

ROCKVILLE, Md., March 27 /PRNewswire/ -- The US Trade and Development Agency
signed a Letter of Approval authorizing Lockheed Martin Air Traffic Management (LMATM),
a business unit of Lockheed Martin Corporation (NYSE: LMT - news), to conduct an air
navigation services modernization feasibility study with the Directorate General of Civil
Aviation (DGCA) of Albania. Funding for the Feasibility Study is contained in a grant from the
US Trade and Development Agency (TDA) to the Albanian Ministry of Transport.

With the authorization of the approval letter issued February 13, Lockheed Martin Air Traffic
Management and the Albanian DGCA will survey and recommend improvements to the
operations and infrastructure systems, human resources management, organizational structure
and legal/regulatory framework of the future Air Navigation Services organization. The
recommendations will improve safety and quality of service, increase capacity, and establish a
financially secure organization.

``This contract is important to our company,`` commented Don Antonucci, President of
Lockheed Martin Air Traffic Management, ``because it provides us the opportunity to
participate in the modernization of Albania`s national Air Navigation Services. Equally, we have
the opportunity to contribute to the Balkan reconstruction leading to air commerce
improvements and the resulting benefits for the Republic of Albania. We look forward to a
cooperative effort with the Albanian DGCA to complete this Feasibility Study and future
implementation of the recommendations.``

Headquartered in Rockville, Maryland, USA, Lockheed Martin Air Traffic Management has
four decades` experience in delivering advanced air traffic management (ATM) solutions to
international customers, and focuses on systems integration, engineering design, development,
test, delivery and support of Communications, Navigation, Surveillance (CNS)/ATM systems
worldwide. A registered ISO 9001 company, Lockheed Martin Air Traffic Management is the
system developer for the Display System Replacement (DSR) air traffic control systems
modernization program for all 20 US Federal Aviation Administration (FAA) Air Route Traffic
Control Centers. In addition, Lockheed Martin Air Traffic Management is prime contractor for
the UK National Air Traffic Services, Ltd. New En Route Centre (NERC) air traffic control
system.

Headquartered in Bethesda, Maryland, USA, Lockheed Martin is a global enterprise principally engaged in the research, design,
development, manufacture and integration of advanced technology systems, products and services. The corporation`s core
businesses are systems integration, space, aeronautics, and technology services.

For additional information, visit our website: http://www.lockheedmartin.com .

SOURCE: Lockheed Martin Air Traffic Management

[Gatsby2]

Und die gibt`s extra. Die beste von allen. Wer das Rennen um die schnellsten Verbindungen macht, hat den Markt.

InfoLibria Joins Lockheed For Satellite Deal

InfoLibria, a provider of Internet infrastructure solutions for content delivery
networks (CDNs), announced the results of a joint testing program with Lockheed
Martin Global Telecommunications (LMGT), enabling the broadband delivery of
television and CD-quality streaming media.

Using InfoLibria`s "MediaMall," Lockheed has successfully implemented and tested
pre-positioned and streamed media end-to-end performance over live satellite links
through its satellite broadband test network in Bethesda, Mary.

"As the demand for streaming media applications grows, Internet users will expect
a higher level of sophistication and reliability that will only be met through the use of
an advanced content delivery network," said Susan Miller, vice president of
engineering and operations of LMGT Satellite Services` World Systems. "Using a
satellite network to distribute and deliver this content provides dramatic
improvements in performance and quality, creating an enjoyable and rewarding
Internet experience for the end user. LMGT`s extensive evaluation of InfoLibria`s
product suite has enabled us to gain a strong understanding and confidence in the
technical aspects of content distribution and delivery over satellite."

Using InfoLibria technology, LMGT will be able to broadcast IP content live or
on-demand over its satellite networks to "MediaMall" systems deployed at points of
presence or other access nodes at the edge of the Internet. "MediaMall" converts
the satellite multicast streams into uni-cast format used by most terrestrial
networks.

"InfoLibria`s solutions have been optimized to work with satellite-based content
delivery networks and provide an ideal solution for large-scale delivery of streaming
media," said Ian Yates, president and CEO of InfoLibria. "Our customers stand to
greatly benefit from MediaMall`s multi-format support and capacity to concurrently
deliver thousands of broadcast-quality streams per node."

[Gatsby2]

Gute, sehr gute Nachrichten. Mit Zustimmung beider politischer Lager bekommt Lockheed die Zwischenfinanzierung bis zum endgueltigen Entscheid ueber die F-22.

Lockheed Martin F-22 Fighter Gets Funding to Bridge US Review


Washington, March 29 (Bloomberg) -- The U.S. Congress has approved $675 million for
Lockheed Martin Corp.`s F-22 jet fighter program to keep the workforce in place until the
Pentagon completes its strategic review of U.S. forces.

The program is now funded through September 30. Defense Secretary Donald Rumsfeld
requested the bridge funding March 7 when he put on hold a decision to authorize a $2
billion production contract for the first 10 of 339 aircraft until the review is complete.

The money approved by the four House and Senate panels that authorize and appropriate
defense dollars comes from F-22 funds earmarked for later years. Congress in January
approved $350 million in similar bridge funding to carry the program to March 30. The
Capitol Hill support is significant, an analyst said.

``This breathes a great shot of air into the F-22`s life because it shows support from both
sides of the political aisle,`` said Dave Baker, a defense analyst for Charles Schwab`s
Washington Research Group. ``I think it will be reassuring to investors but there is still
uncertainty because of the strategic review.``

There is a precedent for concern. The Pentagon during its 1997 Quadrennial Defense
Review cut the F-22 program to 339 aircraft from 448.

Lockheed Martin welcomed the congressional approval.

``We are pleased we are going to receive additional funding to meet our contractual
obligations,`` said James Fetig, a Lockheed Martin spokesman. We believe this action
expresses confidence in the F-22.``

Support From a Key Critic

The fighter received a measured endorsement from one of its top critics, House
Representative Jerry Lewis, a California Republican and chairman of the House defense
appropriations panel.

``We understand Secretary Rumsfeld`s request to transfer sufficient funding to continue
advance procurement in order to avoid significant cost increases and serious erosion of the
F-22 supplier base,`` said Lewis, in explaining the rationale for his committee`s action.

Lewis`s endorsement is significant: He led a bipartisan effort in July 1999 to stop the
program from entering production that year and instead imposed major goals that had to be
met before the $2 billion contract could be signed.

Testing at Issue

The Air Force passed the last of these milestones in February but not before the start of
the strategic review. And the U.S. General Accounting Office says in a new report that in
spite of progress, the overall test program is ``significantly behind schedule in flight testing.``


Lewis in a press release reiterated his concerns about sufficient testing.

``Congress is very serious in its intention to require that this sophisticated aircraft meet a
high level of testing certification before it proceeds to production but we have received
every assurance that the Air Force is moving forward to complete these testing
requirements,`` he said.

``We are encouraged by the results so far but we believe it is important to get an adequate
amount of flight hours to ensure full compliance with a rigorous testing program,`` Lewis
said.

The F-22 will replace the F-15C as the United States` top air- to-air fighter. It will combine
the latest avionics and software in a stealthy airframe that`s intended to make it nearly
invisible to radar. It`s to be operational in December 2005.

Lockheed Martin`s aeronautics business unit, which makes the F-22, had $1.5 billion of
Lockheed`s overall $7.6 billion in fourth-quarter sales -- third-largest of its four units.
Boeing Co., Northrop Grumman Corp., TRW Inc. and United Technologies Corp.`s Pratt
& Whitney military engines are the top F-22 subcontractors.

Lockheed shares rose 58 cents to $35.65 in midmorning trading.

Mar/29/2001 10:34 ET

[Gatsby2]

Seltsam, der company scheint technisch wirklich alles zu gelingen, aber die Aktie geht nicht richtig ab ...

Saturday March 31, 11:13 am Eastern Time

Press Release

SOURCE: Lockheed Martin Missiles and Fire Control

Lockheed Martin`s PAC-3 Missile Intercepts Target in White Sands Test

PAC-3 Missile Perfect in Flight Testing -- Seventh Intercept in a Row

DALLAS, March 31 /PRNewswire/ -- Lockheed Martin Missiles and Fire Control - Dallas,
the Ballistic Missile Defense Organization and the U.S. Army conducted yet another
successful flight of a Patriot Advanced Capability (PAC-3) Missile at White Sands Missile
Range, N.M., this morning.

The intercept by the PAC-3 Missile of a tactical ballistic missile (TBM) target was the seventh
consecutive successful intercept for PAC-3. The PAC-3 Missile has a perfect flight test
record.

The PAC-3 Missile Developmental Test 8 (DT-8) was the first multiple simultaneous
engagement of multiple TBM targets in the test program. Two PAC-3 Missiles engaged a
Hera Modified Ballistic Re-entry Vehicle equipped with a simulated unitary warhead. A
PAC-2 missile simultaneously engaged a Patriot-As-A-Target (PAAT).

The PAC-3 Missile engagement was the first ``Tactical Ripple Mode`` launch, where two
PAC-3 Missiles were launched at a single TBM target. Both PAC-3 Missiles were fired from
the same Patriot launcher, with several seconds separating the launches. The first PAC-3
Missile successfully engaged and killed the target. The second PAC-3 Missile then performed
its tactical self-destruct sequence.

Preliminary test data indicate all test objectives were successfully achieved.

``The PAC-3 Missile has a perfect flight test record,`` said Mike Trotsky, vice president - air
defense marketing for Lockheed Martin Missiles and Fire Control. ``This was our most
challenging test to date. But the PAC-3 Missile continues to prove itself as the world`s most
effective and successful air defense missile. For defense against TBMs, cruise missiles or
aircraft, absolutely nothing compares to the PAC-3 Missile.``

Lockheed Martin Missiles and Fire Control - Dallas is the prime contractor responsible for the
PAC-3 Missile segment upgrade to the Patriot air defense system, which consists of the
PAC-3 Missile, the missile canisters, the Fire Solution Computer and the Enhanced Launcher
Electronics System.

The PAC-3 Missile has now had nine consecutive successful engineering and manufacturing
development (EMD) test flights since 1997. The first two EMD missions were successfully conducted with special instrumentation
packages in place of the full-up PAC-3 Missile seeker. The missions were structured to verify critical systems and missile
performance prior to conducting target intercept flight tests.

The first PAC-3 Missile target intercept flight was on March 15, 1999. The second followed on September 16, 1999, with the third
intercept of a TBM on February 5, 2000. Two successful cruise missile intercepts, on July 22 and 28, 2000, proved conclusively
the PAC-3 Missile`s ability to detect and destroy low-flying cruise missiles. The sixth successful intercept occurred on October 14,
2000, when the PAC-3 Missile intercepted and destroyed an incoming TBM target.

The PAC-3 Missile entered Low-Rate Initial Production (LRIP) in December 1999, with two follow-on LRIP contract in calendar
year 2000. Several contracts for special hardware and long lead-time items have also been awarded to Lockheed Martin Missiles
and Fire Control - Dallas since the beginning of the LRIP phase of the program. Initial fielding of the PAC-3 Missile is planned for
later this year.

In addition to the eight successful PAC-3 Missile flight tests, the PAC-3`s predecessor missile, the Extended-Range Interceptor,
demonstrated three hits in a row during the demonstration/validation program in 1994. Two of those tests involved TBM targets
and one involved an air-breathing target (simulating a cruise missile or aircraft).

The PAC-3 Missile is a high velocity, hit-to-kill missile and is the next generation Patriot missile being developed to provide
increased capability against advanced theater ballistic missile, cruise missile and hostile aircraft. The PAC-3 Missile kills incoming
targets by direct, body-to-body impact. The PAC-3 Missiles, when deployed in a Patriot battery, will significantly increase the
Patriot system`s firepower, since 16 PAC-3 Missiles load-out on a Patriot launcher, compared with four of the old Patriot missiles.

Located in Dallas, Tex.; Orlando, Fla.; and Sunnyvale, Calif., Lockheed Martin Missiles and Fire Control develops, manufactures
and supports advanced combat, missile, rocket and space systems. The company is organized in seven program/mission areas:
Strike Weapons, Air Defense, Anti-Armor, Naval Munitions, Fire Control and Sensors, Fire Support and Product Development.

Headquartered in Bethesda, Maryland, Lockheed Martin (NYSE: LMT - news)is a global enterprise principally engaged in the
research, design, development, manufacture and integration of advanced-technology systems, products and services. The
Corporation`s core businesses are systems integration, space, aeronautics and technology services.

For additional information on Lockheed Martin, visit www.lockheedmartin.com

SOURCE: Lockheed Martin Missiles and Fire Control

[Micky_Maus]

Northrop Grumman (NYSE: NOC) hat nunmehr -wie erwartet- grünes Licht aus Washington bekommen: die FTC (Federal Trade Commission) stimmte der Übernahme von Litton Industries zu. Der Deal hat ein Volumen von 3,8 Mrd. USD und wird in den nächsten Tagen entgültig über die Bühne gehen.

Ich rechne auch für die folgende Woche nicht mit Kursen von 40 USD für Lockheed Martin- Shares. Raytheon hat sich ja immerhin wieder an die 30 USD-Marke herangerobbt. Northrop tut sich übrigend genauso schwer, die 100 USD sind wie Blei, obwohl Schätzungen zufolge 10 USD je Aktie in 2002 verdient werden.

[Micky_Maus]

Lockheed Martin, Loral Space & Communication und PanAmSat in einem Atemzug genannt, das findet man nicht allzu oft

Die Luxemburger SES will also den Amerikanern Konkurrenz machen...

http://www.ftd.de/tm/tk/FTDDT3RAIKC.html?nv=se

[Gatsby2]

Micky,

Loral - keine schlechte Idee, denn das duerfte einer der ersten Uebernahmekandidaten sein. Fragt sich nur, von wem, denn das Satellitengeschaeft wird in den naechsten 2 - 3 Jahren sehr stark schrumpfen.

Lockheed selber hatte heute erstmal wieder eine transatlantische Kooperation, u.a. mit EADS, zu verkuenden.



P.S.: Am 28. ist LMT bei mir aus der Speku gegangen. Eine der wenigen Sachen, die in 2000 gut gelaufen sind...

Monday April 2, 10:04 am Eastern Time

Press Release

SOURCE: Lockheed Martin Missiles and Fire Control

Team Janus Formed to Compete for NATO TBMD Feasibility Study Contract; Lockheed Martin Leads International Team

DALLAS, April 2 /PRNewswire/ -- Lockheed Martin Missiles and Fire Control and a team of major international aerospace and
defense companies today announced the official formation of Team Janus, which is competing for the pending NATO Theatre
Ballistic Missile Defence (TBMD) Feasibility Study. Eight of the 10 Team Janus team member companies are European.

The NATO Consultation, Command and Control Agency (NC3A) is responsible for the study and is expected to award two
Feasibility Study contracts in late May 2001, with work scheduled to start on the contracts in July 2001. The initial steps leading to
the formation of Team Janus were announced in July 2000 at the Farnborough Air Show.

The Team Janus consortium is composed of the following companies: Lockheed Martin Corporation (NYSE: LMT - news) acting
through Lockheed Martin Missiles and Fire Control (U.S.), Aerospatiale Matra Missiles (France), Alenia Marconi Systems (UK
and Italy), BAE SYSTEMS, EADS/LFK-Lenkflugkorpersysteme GmbH (Germany) acting also for Military Aircraft, Ground
Radars and ASTRIUM GmbH, Matra-BAe Dynamics (France and UK), and TRW Space and Missile Systems Division (U.S.).

Supporting Team Janus are additional companies from Greece, The Netherlands, Spain, Turkey and the U.S.

Team Janus is named after the Roman god Janus, who had two faces that looked to the past and to the future simultaneously.
Team Janus represents the transition between localized, area air defense of the past, and multi- national, fully integrated TBMD
capable air defense of the future.

Team Janus has been formed to fully meet the challenges offered by the NATO TBMD Feasibility Study. Team members were
selected because of their unparalleled capabilities and expertise in the fields of missile defense analysis, hardware production and
optimization, and delivery of total integrated system-of-systems solutions to air defense.

For the NATO TBMD Feasibility Study, Team Janus is uniquely qualified to:

Determine the feasibility of meeting the requirements set out in the NATO Staff Target.
Identify alternative ways of meeting the NATO Staff Target.
Recommend an architectural solution that achieves an appropriate balance among performance, timescales, cost and risk, as
well as the individual classes of systems of which that architecture is composed (allowing for the widest range of national
systems to be integrated).
Recommend the range of eventual numbers of these systems that will be needed, based on a variety of illustrative scenarios.
Identify possible industrial strategies within which NATO might pursue the acquisition and in-service operation and support of active layered TBMD.
Prepare plans and documentation to support the next stages of an active layered TBMD program, including cost breakdowns, refined schedules and inputs to
support draft NATO Staff Requirements.

Combining these areas and successfully synthesizing an optimal solution requires a broad understanding of the complexities inherent in such a unique
system-of-systems. Team Janus has been carefully composed to meet these challenges. The team members have unrivalled experience in TBMD studies, as well as a
complete knowledge of relevant product technologies. The team members combined to provide extensive expertise in multi-national system-of- systems integration,
where major considerations are more than just technical, and include political, social, economic and cultural issues.

NATO TBMD Feasibility Study Background

The need for a TBMD Feasibility Study is driven by the NATO policy on Extended Air Defence. In 1993, the NATO Council approved a conceptual framework
for Extended Air Defence, devised by the NATO Air Defence Committee.

The requirement called for the development of an alliance capability to counter, among other things, the risk posed by tactical ballistic missiles (TBMs). Subsequently
in 1997, the NATO Military Committee approved a Military Operational Requirement for active TBMD. In 1998, the Conference of National Armaments Directors
approved a program plan for the acquisition of active layered TBMD to address the Military Operational Requirement.

By virtue of its broad diversification and specialization, Team Janus is well positioned to render a world-class multi-national and fully integrated solution for NATO
TBMD.

For additional information on Lockheed Martin, visit www.lockheedmartin.com.

SOURCE: Lockheed Martin Missiles and Fire Control

[Gatsby2]

Lockheed baut Kooperation mit Japan aus:

Tuesday April 3, 5:38 pm Eastern Time

Press Release

SOURCE: Lockheed Martin Aeronautics Company

Lockheed Martin Receives Fifth Major Contract to Produce Components For Japan`s F-2 Fighter

FORT WORTH, Texas, April 3 /PRNewswire/ -- Mitsubishi Heavy Industries (MHI), the prime contractor for Japan`s new F-2
support fighter, has awarded a fifth annual contract to Lockheed Martin Aeronautics Co. for tasks in the manufacture of an
additional nine F-2 production aircraft.

Lockheed Martin already is producing components for the first 36 aircraft under four previous annual contracts. This fifth contract,
which began April 1 and is valued at over $180 million, brings the total to 45 aircraft. Under this contract, Lockheed Martin will
continue to provide all the aft fuselages, wing leading-edge flaps and stores management systems; 80 percent of all left- hand wing
boxes; and other avionics and avionics support equipment.

In July 2000, Lockheed Martin successfully concluded activity on the second major contract and is currently delivering products
required in the third contract. Lockheed Martin components are shipped to MHI`s Komaki-South facility in Nagoya, Japan, where
they are assembled with other components by MHI to form the F-2.

``Lockheed Martin continues to be very proud of its long-standing role in the F-2 cooperative program, and the F-2 team at LM
Aeronautics is dedicated to continue to deliver the highest quality products, on schedule, to its customer, MHI,`` said Charles E.
Doyle, F-2 program director at Lockheed Martin Aeronautics Co. in Fort Worth. ``We have delivered over 100 major airframe,
avionics and avionics support equipment components to MHI since we began our production deliveries in late 1998.``

Japan selected the F-16 as the basis for the design of its new support fighter in 1987. The Japan Defense Agency`s Technical
Research and Development Institute this past summer completed extensive flight tests in Japan of four prototype aircraft,
designated XF-2. MHI delivered the first production aircraft to the Japan Defense Agency (JDA) in a ceremony at its
Komaki-South facility in September 2000. By the end of March 2001, 18 F-2s were delivered to the JDA.

Lockheed Martin was the principal U.S. subcontractor during development and also has that role in the production of the F-2. The
JDA plans to purchase 130 F-2s.

Lockheed Martin Aeronautics Co. is a leader in the design, development, systems integration, production and support of advanced
military aircraft and related technologies. Its customers include the military services of the United States and allied countries
throughout the world. Products include the F-22, F-16, F-117, C-5, C-27J, C-130, P-3 and U-2. The company leads a team
competing for the development and production of the Joint Strike Fighter.

LM Aeronautics is a unit of Lockheed Martin Corp. (NYSE: LMT - news), headquartered in Bethesda, Md. Lockheed Martin is a global enterprise principally
engaged in the research, design, development, manufacture and integration of advanced-technology systems, products and services. The corporation`s core
businesses are systems integration, space, aeronautics and technology services.

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

For information on Lockheed Martin Aeronautics Company, visit: http://www.lmaeronautics.com

Corresponding photo is available at: http://www.lmaeronautics.com/image_gallery/pr_photos/index.h…

SOURCE: Lockheed Martin Aeronautics Company

[Micky_Maus]

Gatsby,

mal ne etwas dämliche Frage: weißt du, um welche Maschine es sich handelt, welches die Chinesen beschlagnahmt haben? Und droht Lockheed Martin Gefahr, weil die Chinesen die Elektronik ausspioniert haben? Wie man hört, haben die US-Piloten noch rechtzeitig wichtige Daten gelöscht. Wird Bush sich entschuldigen oder geben die Chinesen nach?

Hier der Link aus der FtD:

http://www.ftd.de/pw/in/FTDVKL4Q3LC.html?nv=hpwd

[Micky_Maus]

Na gut, hab`s selber gefunden, eine Seite weiter steht es, die Maschine ist von Lockheed Martin, die EP-3E Aries II:

http://www.ftd.de/pw/in/FTDZDKA63LC.html?nv=rs




Gruß Micky

[Gatsby2]

Micky:

Klar doch, es gibt Informationen ueber die Maschine, aber natuerlich wieder in Englisch:

http://www.janes.co.uk/aerospace/military/news/jema/jema01…

Ich halte den gesamten Zwischenfall fuer eine gewollte Provokation.

[Micky_Maus]

@Gatsby,

Klar, dass du es gar nicht gerne siehst, wenn die Chinesen quasi an deinen Kampfflugzeugen herumfummeln.
Ich sehe es auch als Provokation, allerdings von den Amerikanern ausgehend. Bush rasselt überall mit dem Säbel und wollte mal sehen, wie weit er gehen kann. In das ein oder andere Fettnäpfchen ist er ja schon hereingetreten! Die Chinesen sollte er aber nicht unterschätzen, seit dem Kosovokonflikt mit versehentlicher (?) Bombardierung deren Botschaft ist man sowieso nicht gut auf die USA zu sprechen.

Außenminister Powell darf die Sache jetzt bereinigen und hat schon mal sein Bedauern ausgesprochen. Ob das reicht, ist fraglich.

Hier der Bericht aus der Ftd:

http://www.ftd.de/pw/in/FTDFUK616LC.html?nv=cptn

[Gatsby2]

RE: Micky

Habe ich mich ueber die Chinesen beschwert? Ich war nicht dabei, also kann ich auch niemandem die Schuld zuweisen. So richtig verstehe ich die beiderseitige Aufregung allerdings nicht, denn wo gehobelt wird fallen nun mal Spaene, oder?! Und als es seinerzeit die chinesische Botschaft in Belgrad erwischt hat, gab es ja auch keine dauerhaften Verstimmungen.

Und ueberhaupt: Bush. Hat er eigentlich schon irgendein Fettnaepfchen ausgelassen? Seine angekuendigte Europareise wird wohl auch wieder recht witzig werden. Er moechte nicht nach England, er moechte nicht nach Frankreich, und er moechte auch nicht nach Deutschland. Aber immerhin will er in Polen Flugzeuge verkaufen. (Wie geht der Smiley fuer den Lachkrampf?)

Naja, was soll`s? Immerhin sind`s Flugzeuge von Lockheed ...



Thursday April 5 6:32 PM ET
Bush To Visit Poland in June

WASHINGTON (AP) - President Bush (news - web sites) will visit
Poland during a June trip to Europe, a White House official said
Thursday.

``The president looks forward to reviewing ways in which the United
States and Poland - old friends, new allies - can intensify cooperation in
pursuit of common goals,`` White House spokesman Ari Fleischer (news -
web sites) said.

On the European trip, Bush is also traveling to Goteborg, Sweden, and to
Brussels, Belgium.

The announcement coincided with a meeting Thursday between Secretary of State Colin Powell (news -
web sites) and Polish Foreign Minister Wladyslaw Bartoszewski. The two spoke about a wide range of
issues, including NATO (news - web sites) expansion, Russia, Ukraine, and the situation in the Balkans.

Powell also tried to convince Bartoszewski that Poland should buy U.S.-made fighter aircraft rather than
European models, said State Department spokesman Richard Boucher.

``The secretary supported a fine American aircraft,`` Boucher said, referring to the F-16s made by
Lockheed Martin. ``He encouraged them to buy the best airplane. He said that was ours.``

Poland is trying to replace many of its aging Soviet-built fighters. As a new NATO member, it is obliged
to have 16 multipurpose fighters ready for NATO operations by 2003, and 60 by 2006.

[Micky_Maus]

Vielleicht wäre ein Thread über Loral Space & Communications (LOR) auch interessant. Zum Glück habe ich die Aktie nur beobachtet. Wie bekannt wurde, gerät Global Star zunehmend in Bedrängnis, 3,8 Mrd. $ Verlust in 2000 sowie Bankrottgerüchte machen die Runde, falls nicht eine grundlegende Restrukturierung greift. Loral (38%) ist wie auch Qualcomm daran beteiligt.
PanAmSat (SPOT) gerät durch das Loral-Desaster ebenfalls unter Druck, völlig zu unrecht wie ich meine.

Der etwaige Deal mit Polen ist für Lockheed Martin unbedeutend, und der Vorsprung zu Raytheon schmilzt ein wenig dahin. Vielleicht gehört der Braten am Ende doch mir.

[Gatsby2]

Micky,

klar: PanAmSat hat nix damit zu tun. Loral wird am Ende ein sau-billiger Uebernahmekandidat. Nach der Uebernahme ist ein Konkurrent um den Satellitenmarkt weg, und die Technologie hat billig den Besitzer gewechselt.

Aber was ich nicht verstehe ist, warum Schnitzel zu Braten werden, kaum dass Raytheon ein paar Cent aufholt.

Trotzdem eine gute Gelegenheit fuer einen Kompromiss. Da ich mir gestern Abend gerade mit einem miesen Schnitzel den Magen verdorben habe, koennten wir uns vielleicht doch auf ein Steak einigen?

Friday April 6, 11:48 am Eastern Time

RAND backs Pentagon`s priciest fighter plans

By Jim Wolf

WASHINGTON, April 6 (Reuters) - The U.S. Defense Department is right to stick with
``winner-takes-all`` as the cheapest way to buy the joint strike fighter, at up to $300 billion the
costliest weapons program ever, RAND said in a study released Friday.

The Pentagon is scheduled to pick by October between competing designs
being flight-tested by teams led by Lockheed Martin Corp. (NYSE:LMT -
news) and Boeing (NYSE:BA - news) Co, the No. 1 and 2 U.S. defense
contractors, respectively.

The program is designed to provide an affordable, highly modular family of
aircraft for the U.S. Air Force, Marine Corps, Navy and Britain.

RAND, a non-profit research group based in Santa Monica, California, was
asked by former Defense Secretary William Cohen to consider possibilities
for fostering competition during the planned production phase of nearly 3,000
aircraft.

The researchers developed a model to gauge the likelihood that the Defense
Department would recoup its costs if it invested in a second joint strike fighter
producer. At issue are concerns in Congress and elsewhere about preserving the U.S. defense industrial base since the joint strike
fighter is only new major U.S. fighter program planned for 30 years.

They found that a competitive program involving two producers must result in 30 percent cost reductions across the board to cover
the Pentagon`s up-front investment in establishing competition.

Savings on that order would be ``difficult, if not impossible`` to achieve, RAND`s National Defense Research Institute team, led by
John Birkler, concluded.

MORE ADVANCED AVIONICS

The researchers suggested the Defense Department consider funding a ``shadow`` industry team to begin developing more
advanced avionics and software -- the aircraft`s electronic eyes and ears -- to compete for future upgrades.

The Pentagon`s Joint Strike Fighter Office, which is already committed to a winner-takes-all acquisition strategy, did not
immediately return a phone call seeking comment.

Under a projected work-sharing formula, the loser of the Lockheed-Boeing fly-off is widely expected by industry watchers to
divvy up building the fighters from the winning design.

The joint strike fighter would be the most widely produced fighter in aviation history, with 2,852 to be delivered starting in 2008.
The goal is to deliver a plane featuring 80 percent common parts and design for all services using it.

The Defense Department has estimated that its current procurement strategy would save nearly $18 billion in fiscal 1995 dollars in
development costs compared with prior fighter aircraft programs.

[Gatsby2]

Senator Harkin behauptet, Lockheed habe das Pentagon beim Verkauf von Grundstuecken in Sunnyvale, CA. um 100 Millionen $ beschissen. Leider ist ihm entgangen, dass die vom Pentagon bezuschussten Gebaeude von den Grundstueckskaeufern (u.a. Yahoo!) umgehend abgerissen wurden.

Ein neuer Sturm im Wasserglas, der erneut zeigt wie tief Politik und Ruestungsgeschaeft ineinander verwoben sind.

Monday April 9 6:29 AM ET
Lockheed Martin Accused of Scam

ARLINGTON, Va. (AP) - Sen. Tom Harkin (news - bio - voting
record) is accusing Lockheed Martin Space Systems of using ``an
apparent accounting trick`` in an effort to scam the Pentagon (news -
web sites) out as much as $100 million, USA Today reported.

Citing a letter Harkin has sent to the Defense Department and an
interview with him, the paper says in Monday`s editions that the
difference involves the sale of some Silicon Valley facilities owned by
Lockheed that were developed, in part, with government money.

Harkin cites Pentagon audits saying the company`s accounting methods were ``flawed, unreasonable,
and inequitable to the government.`` The company calls it an honest disagreement.

``We are in negotiations with (Pentagon auditors) about that disagreement and we are committed to
reaching a mutually acceptable agreement on the issue,`` James Fetig, chief spokesman for Lockheed
Martin told the paper.

Harkin says the Pentagon paid for improvements on the buildings, depreciation, repair and maintenance
expenses under contracts with Lockheed Martin and should benefit from the sale of the facilities

But Lockheed applied all of the proceeds from the sale to the land and none to the buildings, claiming
they were worthless. That meant the Pentagon could not receive any of the proceeds from the sale
because regulations prohibit it from sharing in gains on land sales.

Moreover, he says Lockheed now wants to lease back some of the so-called worthless buildings at a
cost of several million dollars to the Defense Department.

But Lockheed says various buyers wanted only the land and have torn down the buildings, or plan to
do so, and are putting up new office facilities on the sites.

[Gatsby2]

Boeing wird grosse Probleme haben, den Entwurf von Lockheed technisch noch zu ueberbieten. Aber vielleicht haben sie ja die besseren Lobbyisten...



Monday April 9, 12:26 pm Eastern Time

Press Release

SOURCE: Lockheed Martin Aeronautics Company

Lockheed Martin JSF Team Completes Durability Tests for STOVL Propulsion System; Testing Equivalent to 132 Missions

WEST PALM BEACH, Fla., April 9 /PRNewswire/ -- The Lockheed Martin Joint Strike
Fighter propulsion team has completed accelerated mission testing (AMT) for the X-35B
demonstrator`s short-takeoff/vertical landing propulsion system -- one of the final steps before
full flight certification.

``With the completion of AMT we`re moving swiftly toward STOVL flight,`` said Tom
Burbage, executive vice president and general manager of the Lockheed Martin JSF program.
``We`ve just demonstrated very clearly the benefits of the revolutionary shaft-driven lift fan
propulsion system: a more benign ground environment and more lifting power with less engine
strain and less ground surface erosion.``

The AMT is a government-monitored durability evaluation in which the STOVL propulsion
system hardware is subjected to twice the number of operating profiles it will encounter during
flight testing. The speed with which the STOVL AMT was completed is unprecedented. All
test objectives were met in less than half the time predicted.

``With AMT completion, we`ve truly shown that this STOVL propulsion system is capable,
reliable and ready for flight,`` Burbage said.

A team consisting of Pratt & Whitney, Rolls-Royce and Lockheed Martin engineers and
technicians conducted the trials on a test stand at Pratt & Whitney`s West Palm Beach facility.
The unique propulsion system features a Pratt & Whitney JSF119-611 engine connected via
drive shaft and clutch to a Rolls-Royce two-stage counterrotating lift fan. A thrust-vectoring
rear nozzle and lateral ``roll posts`` also are manufactured by Rolls-Royce. In STOVL mode,
the system produces nearly 40,000 pounds of vertical lifting force, providing ample hover thrust
margin for safe STOVL operations.

During AMT, the STOVL propulsion system was continually cycled, representing 132 flight
test missions. The operations were identical to those expected during subsonic and supersonic
flight testing, ground testing and STOVL operations. At all times, the test team imposed
bleed-air and horsepower extractions representative of X-35 requirements. The STOVL
propulsion system was subjected to more than double the operating time/events expected
during the X-35B STOVL flight demonstration program in terms of total accumulated engine
cycles (TAC), total STOVL lift system operating time, and total number of lift-fan dynamic clutch engagements.

The final statistics are: 249 TACs, 115.6 hours of STOVL system operation and 171 dynamic clutch engagements. (In a typical
mission, the propulsion system would operate in STOVL mode for less than 10 minutes.)

Remaining tasks for STOVL propulsion system hardware flight certification are system tear-down and inspection, and final
flight-clearance documentation. STOVL software flight-qualification testing is under way, with expected completion in early May.
STOVL propulsion system flight certification is anticipated for late May. Last month, the JSF X-35B completed non-flight hover
pit testing, achieving full operational thrust and a better-than- predicted ground environment (exhaust temperatures and velocities
near the aircraft).

Lockheed Martin (NYSE: LMT - news), in partnership with Northrop Grumman (NYSE: NOC - news) and BAE SYSTEMS, is
in competition to build the JSF for the United States and United Kingdom. Government selection of a single contractor for the
Engineering and Manufacturing Development phase is set for 2001.

For more information on the JSF and Lockheed Martin Aeronautics Company, visit: http://www.lmaeronautics.com

For government information on the Joint Strike Fighter program, visit www.jast.mil

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

SOURCE: Lockheed Martin Aeronautics Company

[Gatsby2]

Tuesday April 10, 8:05 am Eastern Time

Press Release

SOURCE: Lockheed Martin Mission Systems

Lockheed Martin Team Has Impressive Start to ISC2 Program; `Exceptional` Management Cited in Award Fee Rating for Key C2 Program

GAITHERSBURG, Md., and COLORADO SPRINGS, Colo., April 10 /PRNewswire/ -- The U.S. Air Force has given the
Lockheed Martin team an ``exceptional`` rating and a $2.8 million award fee for its management of the Integrated Space Command
and Control (ISC2) program during the critical start-up period.

Lockheed Martin and its teammates won the contract in September 2000. They will integrate and modernize air, missile and space
command and control (C2) systems for North American Aerospace Defense Command (NORAD) and U.S. Space Command
(USSPACECOM) at Cheyenne Mountain into a common, interoperable command and control infrastructure. The 15-year
contract has a potential value of $1.5 billion.

After conducting a detailed evaluation of the program, Air Force officials determined the overall performance was exceptional, a
remarkably high evaluation for an initial award fee period. ``Your team has set an impressive standard of performance and has
rapidly implemented a new business paradigm,`` Air Force officials said in a letter. ``The near-flawless transition, including the
transfer of thousands of software and hardware assets to your responsibility is reflected in our evaluation,`` said officials.

The technical requirements roadmap for the system`s architecture infrastructure was established during this three-month period, and
management of nearly 40 legacy command and control systems was transitioned to the ISC2 operation with no degradation in
mission integrity.

``We are, of course, pleased with the progress to date. The excellent working relationship we have with the Air Force and the
warfighting commands on this program has enabled us to gain considerable momentum,`` said John James, vice president at
Lockheed Martin Mission Systems, and program manager for ISC2. ``The initial work of establishing technical and programmatic
requirements was extremely critical to the program, and now that it`s done, we`re proceeding forward and ready to implement the
technical solution.``

The ISC2 modernization replaces the Air Force`s collection of older, stand-alone systems, which function well individually, but are
not seamlessly coordinated to give users comprehensive command and control capabilities and access to information. Implementing
Lockheed Martin`s Information Superiority Architecture, ISC2 will dramatically improve interoperability among air, missile and
space defense systems, allowing information and data to be shared among those and other command and control systems.
Commanders will have enhanced capability that synchronizes their command and control operations, providing for faster response
to enemy actions and improved strategic and tactical coordination among forces.

ISC2 will be a ``virtual command center,`` enabling Information Superiority at all echelons by providing warfighters a common operational picture of the global
battlefield derived from shared, real-time data that is available anytime and to any location in the world for specified users.

The Corporation`s lead enterprise for Information Superiority, Lockheed Martin Mission Systems serves customers including U.S. and international defense and civil
government agencies. Mission Systems employs approximately 2,600 at facilities in Gaithersburg, Colorado Springs, and Santa Maria, Calif., and is a business unit of
Lockheed Martin Corporation.

Headquartered in Bethesda, Md., Lockheed Martin is a global enterprise principally engaged in the research, design, development, manufacture and integration of
advanced-technology systems, products and services. The Corporation`s core businesses are systems integration, space, aeronautics, and technology services.

For additional information, visit the website: http://www.lockheedmartin.com .

To learn more about Lockheed Martin Mission Systems, visit the website at: http://www.lmco.com/missionsystems .

SOURCE: Lockheed Martin Mission Systems

[Gatsby2]

4/11/01 -

Lockheed Martin, Boeing Officials Want More Spending on Research, Development

COLORADO SPRINGS, Colo., Apr 11, 2001 (The Denver Post - Knight Ridder/Tribune Business News via COMTEX) --
Two of the nation`s top space-business officials said Tuesday they`re optimistic about growth in their industry after two years
characterized by high-profile rocket failures and flat commercial demand for launches.
But the chiefs of space operations at Lockheed Martin and Boeing called on the government to increase spending on research
and development to protect the nation`s security interests and ensure the space industry`s long-term health.

Federal spending on procurement and research and development is down significantly over the last decade, Albert Smith,
executive vice president of Denver-based Lockheed Martin Space Systems, told space business and government leaders
Tuesday at the Space Symposium, an annual conference at The Broadmoor hotel.

"The industrial base (for U.S. defense work) is losing its strength. If you don`t use it you lose it. This is how we`re finding
ourselves. It`s still great but it`s out of peak condition," Smith said.

Government spending on new rocket technologies falls far short of what is needed to develop more affordable launch vehicles,
said Jim Albaugh, president and chief executive officer of Boeing Space and Communications, based in Seal Beach, Calif.

"We need a truly revolutionary breakthrough in rocket propulsion," he said. "It`s fairly clear the government is missing the mark
relative to funding. It needs to spend significantly more than is planned on propulsion."

Lockheed Martin and Boeing are each developing new, less expensive rockets with a total of about $2 billion in funding from
the Air Force.

But both executives -- Albaugh in particular -- expressed optimism for the industry`s future.

"I see space as a healthy business with a bright future. I think most businesses would be thrilled to have such an outlook.
Overall, it`s just a good, healthy industry in a growing market," Albaugh said.

He forecast that the satellite industry would triple in size by 2010, and sales of space-based warfare and missile-defense
systems will more than double.

"Every indication we`re getting from Washington is that space will play a more important role in warfare," he said.

Smith was more guarded, pointing to the industry`s current woes: overcapacity of rockets, declining government defense
spending and high risks that deter investors.

But Smith told The Denver Post after his speech that his outlook for his division, and the Denver astronautics unit specifically, is
positive.

"We have to be successful in landing our share of new business. If we can do that, the outlook will stay positive," he said.

After two years of declining operating profits, in part due to major investments in the Atlas V rocket program, Smith said he
expects improved financial performance for 2001.

Another bright spot, Smith said, is the new administration, which he believes will be friendly to the space business.

"The national security team that President Bush has put in place is going to be good for our business," he said.

By Greg Griffin To see more of The Denver Post, or to subscribe to the newspaper, go to http://www.denverpost.com

[Gatsby2]

Einem Auszug aus der Washington Post zufolge, will die Airforce moeglicherweise in das von der NASA vor ein paar Wochen ueberraschend gestoppte Programm eines neuen Raumgleiters einsteigen:



The experimental space plane that NASA canceled last month may yet fly - but as a
weapon for the
military, not the next-generation space shuttle it was primarily conceived to be. The Air
Force and contractor Lockheed Martin Corp. have approached NASA
about funding the X-33 program through the end of the year while the Pentagon considers
taking it over, several sources said. The space agency walked
away from the venture after spending almost $1 billion on developing the innovative
reusable rocket, citing technical delays and cost concerns. But Lockheed
Martin had invested nearly $400 million of its own in the program, and within days of the
cancellation it was meeting with generals about the Air Force
becoming the X-33`s new patron. In the last few days, Gen. Ralph Eberhart, commander of
the military`s Space Command, wrote to NASA Administrator
Daniel Goldin and asked him to “keep the options open” on the X-33. NASA considers that
to mean spending about $15 million in “bridge funding” to sustain
the program through the end of the fiscal year in October, said Samuel L. Venneri, the
space agency`s top aerospace technology official. Lockheed Martin
has offered to pay half that amount if NASA picks up the other half, Venneri said. Then it
would be up to the Pentagon to decide whether such a radically
advanced - and technologically unproven - weapons platform fits into the military plans
being drawn up by Defense Secretary Donald H. Rumsfeld and his
numerous advisory panels. Goldin is said to be open to the idea but unconvinced of the Air
Force`s intentions. Lockheed Martin officials said they are hopeful
about working out an arrangement and added that they see big potential for the X-33 as a
military program. “We look at this as a transformation in military
affairs, certainly as one skipping a generation, and one that will redefine the concept of
operations for our military,” Brian Dailey, head of Washington
operations for Lockheed Martin, said in an interview. It could cost some $400 million over
the next few years to prepare the nearly completed X-33 prototype
for a test flight. A full program of development and production could cost anywhere from
$3 billion to $7 billion over the next 13 years, depending on how
many space planes were bought, one source familiar with the concept said. While that is a
large amount of money for an Air Force already struggling to buy
all the weapons on its shopping list, the total is less than the cost of developing a whole new
bomber program. Even purchasing new B-2 bombers would cost
at least $500 million apiece. At this point, though, a military space plane remains a pie that
isn`t even in the sky yet. The Boeing Co., as well as Lockheed
Martin, have been studying the idea for the Air Force, but engineers are a long way from
proving their ambitious concepts. (Washington Post)

[Gatsby2]

Wie schoen!



Monday April 16, 7:45 pm Eastern Time

Bush open to Chile F-16 purchase, sees trade pact

(UPDATE: Updates, recasts first paragraph with comments on F-16 sale)

By Randall Mikkelsen

WASHINGTON, April 16 (Reuters) - President George W. Bush said on Monday he was
open to Chile`s request to buy U.S. fighter aircraft and was confident the United States and Chile would conclude a free trade
agreement by the end of the year.

U.S. officials said the United States would not stand in the way if Chile
decided to buy 10-12 new F-16 fighters to replace an aging fleet of F-5s.

``We will listen to any request that our friends in our hemisphere make,`` Bush
told reporters at the start of a meeting with Chilean President Ricardo Lagos.

The comments were the clearest signal Bush would continue his predecessor
Bill Clinton`s openness to the sale, which arms control and human rights
groups, and some Democrats, have urged the United States to reject as
potentially destabilizing to Latin America.

``I`m confident that Chile is a peaceful nation. And I`m confident that they`re a
democracy that intends to make the world more peaceful,`` Bush said.

Chile`s relations with the United States have warmed since the end of
Augusto Pinochet`s dictatorship in 1990.

Officials did not discuss whether the fighters could also be equipped with advanced air-to-air missiles, although there have been
indications Chile would not seek them.

A senior U.S. official, briefing reporters after the meeting, asked whether the United States would stand in the way of a fighter
sale to Chile, said ``No.``

``The United States of course supports what Chile is doing in terms of modernizing its (defense) system and the United States is
very pleased that Chile is considering buying American. This is a Chilean decision to make,`` he said.

The fighters are made by Lockheed Martin (NYSE:LMT - news), and a sale to Chile would carry a price tag of about $600
million.

On trade, Bush said he was confident of completing a U.S.-Chilean trade pact by the end of this year, despite debate in Congress
over whether labor and environmental provisions should be included in trade deals.

``I am confident that by the time this year is over we will conclude a free trade agreement with Chile. It`s in our nation`s best
interest to do so,`` Bush said.

Bush also said he believed his administration was ``making progress`` in convincing Congress to give him ``fast track`` authority to
negotiate trade deals such as the proposed hemisphere-wide ``Free Trade of the Americas.``

Bush was meeting with Lagos ahead of a summit of Western Hemisphere nations in Quebec this weekend, which is expected to
endorse a 34-nation free trade area by 2005.

The United States and Chile are negotiating a bilateral trade deal the United States hopes will serve as a model for the larger
free-trade area.

But any trade deal by Bush faces an uncertain reception in Congress, which is split over whether trade deals should include labor
standards and environmental protections, as demanded by many Democrats and environmentalists as a condition for approving fast
track. Republicans have resisted requiring such provisions.

Bush has yet to submit legislation seeking fast track authority, which would allow a president to negotiate trade deals Congress
could not amend during the ratification process. The authority is regarded as crucial to negotiating complex multilateral trade
agreements.

In the meantime, Bush said, the United States would continue to negotiate the Chilean free trade deal, which Chile has wanted
since 1994.

Lagos was more cautious about the prospects of a bilateral deal this year. ``Our team has to work hard, very hard, in order to be
able to conclude an agreement by the end of the year,`` he said.

He told reporters after the meeting that it was probably necessary to include labor and environmental provisions in any trade pact
with the United States, but said it was important that trade sanctions not be used to enforce such provisions.

The senior U.S. official said the issue of labor and environmental provisions was discussed in the meeting with Lagos. ``It was
recognized that these are areas that must be dealt with and will be dealt with,`` he said.

[Gatsby2]

Es sieht gerade so aus, als ob Lockheed Space Systems sich mal ein bisschen nach der Decke strecken muessten. Paul Nisbet und andere Analysten, ebenso wie die NASA kritisieren LMSS schon seit geraumer Zeit. Dies allerdings ueberwiegend ungerechtfertigt, denn die Programmstruktur der NASA ebenso wie die Fehler, die im JPL begangen wurden, duerften auch ein Haendchen zu den Fehlschlaegen der letzten Missionen zum Mars beigetragen haben.

Tuesday April 17, 6:53 pm Eastern Time

NASA asks industry to study how to get Mars rocks

LOS ANGELES, April 17 (Reuters) - The National Aeronautics and Space Administration
said it has hired four leading aerospace companies to brainstorm about the best way to launch
a probe to Mars and guide it back to Earth carrying the first soil samples ever taken from
another planet.

The contracts, each valued at $1 million, were announced late Monday by
NASA`s Mars Exploration Program at the Jet Propulsion Laboratory in
Pasadena, California.

Ball Aerospace & Technologies Corp., a unit of Ball Corp (NYSE:BLL -
news), Boeing Co. (NYSE:BA - news), Lockheed Martin Corp. (NYSE:LMT
- news) and TRW Inc. (NYSE:TRW - news) were selected after an initial
round of bidding, JPL said.

NASA has asked the companies to come up with broad proposals for every
phase of an unmanned, round trip to Mars, a mission which might be launched
as early as 2011.

``We want to get new ideas,`` said Mary Hardin a spokesman for JPL, a
division of the California Institute of Technology. ``How do we get to the
surface? How do we collect the sample? How do we get it back?``

The deadline for the private sector engineers to present their initial proposals is October, Hardin said. After that, NASA will select
one or more of the ideas for further study, she said.

Earlier this month, NASA launched the unmanned Mars Odyssey spacecraft, which is due to lock into orbit around the Red Planet
in October for a two-year surveying mission.

The craft is designed to look for active volcanoes on Mars and collect data on the composition of the planet`s surface.

[Gatsby2]

Thursday April 19, 11:18 am Eastern Time

Press Release

SOURCE: Lockheed Martin

Lockheed Martin Establishes New Navigation Systems Business Unit

KING OF PRUSSIA, Pa., April 19 /PRNewswire/ -- To build on its world-class capabilities in navigation and to meet customer
needs, Lockheed Martin (NYSE: LMT - news) has established a new business unit within its Space Systems Company. This new
Navigation Systems business unit will direct the company`s efforts as it pursues new business opportunities in the space-based
navigation systems marketplace.

In addition to pursuing opportunities to develop the third generation Global
Positioning System (GPSIII) and Global Multi-Mission Service Platform
(GMSP), the new business unit will provide a new level of corporate
commitment to the development of systems required to meet the rapidly
expanding needs in this market and its customers.

``Our objective is to enable a total systems integration approach, bringing
together the best resources of Lockheed Martin and industry to meet the
requirements of our customers,`` said Albert E. Smith, executive vice
president, Lockheed Martin Space Systems Company.

Stanton D. Sloane, currently the executive vice president of Lockheed
Martin`s Management and Data Systems, will lead the new business unit.
Sloane will be responsible for the overall strategy development, strategic
teaming decisions and implementation of our pursuits of space based
navigation systems. The new business unit will also have access to corporate-wide resources and support including Lockheed
Martin`s System Integration and Air Traffic Management organizations.

``Stan has extensive leadership experience within Lockheed Martin in systems integration, program management and business
management that is necessary to implement total system solutions to ensure customer needs and requirements are met,`` Smith
said.

Headquartered in King of Prussia, PA, the Navigation Systems business unit will be responsible for the GPS III architecture study,
the GPS-IIR program and the GPS III CAD (Component Advanced Development) development activities. It will also include the
broader functional areas of system of systems architecture and engineering, network architecture, and user applications.

Lockheed Martin has been a leading architect of systems of systems development for the past 50 years. Today, the company is
the nation`s provider of GPS IIR satellites and is the largest provider of GPS enabled weapons as well as a major participant on
the GPS ground Operational Control Segment. For GPS III, the company has leveraged its extensive experience on the GPS IIR
program and enlisted experts from industry, academia and the international community to define best value architectures for this
critically needed system.

Headquartered in Bethesda, Maryland, Lockheed Martin (www.lockheedmartin.com) is a global enterprise principally engaged in
the research, design, development, manufacture and integration of advanced- technology systems, products and services. The
Corporation`s core businesses are systems integration, space, aeronautics, and technology.

SOURCE: Lockheed Martin

[Gatsby2]

Friday April 20, 2:39 pm Eastern Time

Press Release

SOURCE: Lockheed Martin

Lockheed Martin Webcasts First Quarter 2001 Earnings Conference Call

BETHESDA, Md., April 20 /PRNewswire Interactive News Release/ -- Lockheed Martin (NYSE: LMT - news) will webcast
live its first quarter 2001 earnings conference call on Tuesday, April 24, 2001 from 2 p.m. EDT to 3 p.m. EDT.

The webcast can be viewed on the Lockheed Martin website, http://www.lockheedmartin.com/investor, or at
http://www.streetfusion.com. An on-demand replay will be available at these websites for 90 days beginning April 25, 2001.

Headquartered in Bethesda, Maryland, Lockheed Martin is a global enterprise principally engaged in the research, design,
development, manufacture and integration of advanced-technology systems, products and services. The Corporation`s core
businesses are systems integration, space, aeronautics, and technology services. Lockheed Martin had 2000 sales surpassing $25
billion.

For additional information, visit the website: http://www.lockheedmartin.com.

[Gatsby2]

Dienstag gibt es wieder Zahlen von Lockheed. Die Fluesterschaetzung liegt ~1 cent ueber den Erwartungen, d.h. bei 22 cent.

Gestern Abend veroeffentlichte die NASA einen Report ueber Luecken in der Ueberwachung von United Space Alliance, einem Joint-Venture zwischen Lockheed und Boeing zum Betrieb der Space Shuttle Operationen. Zum groessten Teil musste sich die NASA den Schuh selber anziehen. Allerdings scheinen Lockheed und Boeing nicht unbedingt daran interessiert gewesen zu sein, aufgetretene Fehler ordnungsgemaess zu berichten.



Friday April 20 10:28 PM ET
Audit Reports NASA Safety Oversight

By SUZANNE GAMBOA, Associated Press Writer

WASHINGTON (AP) - NASA (news - web sites)`s Johnson Space
Center in Houston failed to keep adequate watch on safety operations of
a major contractor responsible for space shuttle operations, an internal
NASA audit says.

The audit, completed in March but not released until Friday, reported
problems in the supervision of United Space Alliance`s safety procedures.
The space center is responsible for that oversight.

United Space Alliance, a joint venture of the Boeing Co. and Lockheed Martin Corp., is the prime
contractor for the space shuttle program with NASA`s $8.6 billion space flight operations contract.

The contractor`s duties include space shuttle modification, testing checkout and launch and landing
activities at Kennedy Space Center (news - web sites) in Cape Canaveral, Fla., and flight operations at
Johnson Space Center.

Among problems auditors found:

-The Johnson safety office did not provide staff and other support needed to control adequately $13
million in space shuttle program money or to ensure the safety of United Space Alliance`s work on key
components of the space shuttle program.

-United Space Alliance`s reporting of close calls and mishaps needed improvement.

United Space Alliance ``is responsible for the day-to-day operation and management of the U.S. space
shuttle fleet; thus USA`s work affects the safety of NASA`s astronauts, the space shuttle orbiters and
other space hardware, personnel and equipment,`` said the report by the NASA inspector general`s office.

The inspector general`s office said Johnson Space Center management did not agree with all the findings
but its efforts to fix the problems were responsive.

``It sounds to me Johnson Space Center has taken the report very seriously with some caveats, because
safety in the shuttle office - especially since the accident - has been of paramount importance,`` said
space center spokesman Dan Carpenter, who had not seen the report. The accident he spoke of was the
1986 explosion of the shuttle Challenger, which killed its seven-member crew.

Since the contract was awarded, NASA has flown 22 successful space shuttle missions. The auditor said
despite the success, oversight of United Space Alliance safety procedures still was not sufficient.

-

On the Net: Report text: http://www.hq.nasa.gov/office/oig/hq/issuedaudits.html

[Gatsby2]

Ein neues Geschaeft am Horizont?

Monday April 23, 10:40 am Eastern Time

Press Release

SOURCE: Lockheed Martin Missiles and Fire Control - Dallas

Lockheed Martin Successfully Fires First Army TACMS Block IA Unitary Missile

DALLAS, April 23 /PRNewswire Interactive News Release/ -- Lockheed Martin Missiles and Fire Control - Dallas successfully conducted the first flight test of an
Army Tactical Missile System (Army TACMS) Block IA Unitary Missile.

The test was conducted on Saturday, April 21, at White Sands Missile Range, N.M. Preliminary data suggest that all test objectives were achieved.

The Army TACMS Block IA Unitary is a U.S. Army initiative developed as a result of Kosovo lessons learned. Lockheed Martin was awarded the contract to
develop the Army TACMS Unitary missile in December 2000. The initiative was established as a Quick Reaction Program to rapidly deploy a tactical capability for
the U.S. Army. The government furnished a proven unitary warhead (SLAM/HARPOON WAU-23/B), and Lockheed Martin integrated it into an existing Army
TACMS Block IA missile.

Delivery of the first missile for flight test took place just four months after contract award. A total of 42 tactical missiles are scheduled to be produced and delivered
to the Army by the end of calendar year 2001.

``This is a very important step for both the Army and Lockheed Martin,`` said Ron Abbott, vice president - Fire Support at Lockheed Martin Missiles and Fire
Control. ``This test clearly demonstrates the versatility and agility of the Army TACMS design. The ability to deliver this class of warhead out to 300 kilometers with
GPS accuracy opens-up a wide variety of land attack missions for Army TACMS.``

Army TACMS was the first tactical surface-to-surface missile ever fired in combat by the U.S. Army, when it was deployed in Operation Desert Storm. The Army
TACMS Block IA Unitary Missile is the latest addition to the current Army TACMS Family of Munitions. The Army TACMS Block IA Unitary Missile is an all
weather day/night rapid response missile that provides the Army the capability to attack high-payoff, time sensitive targets with limited collateral damage.

Located in Dallas, Tex.; Orlando, Fla.; and Sunnyvale, Calif., Lockheed Martin Missiles and Fire Control develops, manufactures and supports advanced combat,
missile, rocket and space systems. The company is organized in seven program/mission areas: Fire Support, Strike Weapons, Air Defense, Anti-Armor, Naval
Munitions, Fire Control and Sensors, and Product Development.

Headquartered in Bethesda, Maryland, Lockheed Martin (NYSE: LMT - news) is a global enterprise principally engaged in the research, design, development,
manufacture and integration of advanced-technology systems, products and services. The Corporation`s core businesses are systems integration, space, aeronautics
and technology services.

For additional information on Lockheed Martin, visit www.lockheedmartin.com.

[Gatsby2]

Ein bißchen Hintergrund-Information über das, was Taiwan demnächst kaufen will:

Monday April 23 8:09 PM ET
A Look at the P-3C Orion Aircraft

By The Associated Press,

A look at the P-3C Orion:

-Navy`s only land-based, warfare aircraft used against submarines.

-Advanced sensors allow the plane to detect submarines from far
distances.

-$36 million, four-engine aircraft can fly for up to 14 hours with a crew of
about 10.

-Digital computer launches ordnance and gathers flight data.

-Developed by Lockheed Martin.

-In use since 1969. Developed from the P-3A, which the Navy first used in 1962.

-Improvements made to the plane since then include: a better navigation system, more computer memory,
infrared detection system, surveillance radar and sonobuoy reference system.

-

Source:

U.S. Navy (news - web sites): http://www.navy.mil

U.S. Navy: http://www.naval-technology.com/

[Gatsby2]

Yo! Lockheed übertrifft zum 4. Mal in Folge die Konsensschätzung der Analysten, diesmal um 2 Cent. Der Conference Call wird ab 20.00 deutscher Zeit live im Internet übertragen; der Link steht weiter unten.



Tuesday April 24 8:44 AM ET
Lockheed Martin Profits Rise 44 Percent

BETHESDA, Md. (Reuters) - Lockheed Martin Corp. (NYSE:LMT -
news), the nation`s largest defense contractor, on Tuesday reported a
44 percent increase in first-quarter profits, at the higher end of Wall
Street targets.

Maryland-based Lockheed, maker of the F-16 fighter jet, posted net
earnings of $105 million, or 25 cents per share, for the quarter
compared with $54 million, or 14 cents per share, for the same period a
year ago.

Excluding one-time items, operating earnings for the quarter totaled 23 cents per share. Analysts on
average pegged Lockheed at a profit of 21 cents per share, with estimates ranging from 19 cents to 25
cents, according to tracking firm Thomson Financial/First Call.

Net sales fell to $5.01 billion from $5.56 billion a year earlier.

Shares of Lockheed Martin have gained over the last year, more than doubling since April 2000 and
outperforming the broad-based Standard & Poor`s 500 Index, which has lost 12 percent over the
same period.

[Gatsby2]

Und auch die Hauptversammlung gibt`s live im Internet - übermorgen. Das würde ich von deutschen Unternehmen auch gern sehen.

Lockheed Martin Webcasts Annual Meeting of Shareholders

BETHESDA, Md., April 24 /PRNewswire Interactive News Release/ -- Lockheed Martin (NYSE: LMT - news) will webcast
live its business meeting portion of its 2001 annual meeting of shareholders on Thursday, April 26, at 10:30 a.m. PDT, or 1:30 p.m.
Eastern.

The webcast can be viewed on the Lockheed Martin website, http://www.lockheedmartin.com/investor, or at
http://www.streetfusion.com. An on-demand replay will be available at these websites for 90 days beginning April 27, 2001.

Headquartered in Bethesda, Maryland, Lockheed Martin is a global enterprise principally engaged in the research, design,
development, manufacture and integration of advanced-technology systems, products and services. The Corporation`s core
businesses are systems integration, space, aeronautics, and technology services. Lockheed Martin had 2000 sales surpassing $25
billion.

For additional information, visit the website: http://www.lockheedmartin.com .

[Micky_Maus]

Die Quartalszahlen von Lockheed Martin (LMT) liegen doch wohl eher im Rahmen der Erwartungen- whispernumbers sind ja bei NYSE-Werten unüblich und Konsensschätzungen generell niedrig angesetzt. Daher sehe ich das Ergebnis auch völlig unaufgeregt. Vom KGV her ist der Rüstungskonzern eh schon hoch bewertet.

Die Übertragung von Konferenzen im Internet (webcast replay) ist bei vielen US-Unternehmen standard.

Alles in allem kein Grund für eine Höherbewertung der LMT-Aktie. Den fairen Wert sehe ich ohnehin bei 25$.

Allenfalls dieser Bursche verleiht dem Wert noch Phantasie: (es ist an der Zeit, dass er mal eins auf`s Maul bekommt)

[Gatsby2]

Micky, Micky,

das war ja wohl ein gaaanz Kalter, hier!

Das Übertreffen von Gewinnschätzungen ist in den letzten Monaten eher die Ausnahme, denn die Regel. Übrigens gibt es auch für NYSE-Werte Flüsterschätzungen, z.B. hier: http://www.earningswhisper.com. Deren Flüsterschätzung lag bei 22 Cent, und auch die hat Lockheed bekanntermaßen übertroffen.

Zwar ist es durchaus richtig, daß die Übertragung von Konferenzen in den U.S.A. üblich sein mag - aber bei Hauptversammlungen ist das wohl derzeit noch nicht so.

Daß Du Lockheed natürlich gern bei $25 sähest, kann ich sehr gut verstehen. Allerdings liegst Du damit selbst neben den Analysten von Credit Lyonnais die LMT gestern heruntergestuft haben: auf $ 38.

Lockheed Martin`s EPS Estimates Raised at Credit Lyonnais
By Cordelia Ip

London, April 25 (Bloomberg Data) -- Lockheed Martin Corporation (LMT US) was
maintained ``reduce`` by analysts Philippe Gossard and Yan Derocles at Credit Lyonnais.
The target price is $38.4 per share.

Earnings estimates: Period Previous estimate New estimate per share (USD) FY 2001
1.39 1.44

FY 2002 1.74 1.82

FY 2003 2.21 2.55

Was schließlich den von Dir ins Bild gesetzten Herrn betrifft, so bleibt abzuwarten, wie hilfreich er wirklich sein wird. Ich würde mich eher an den Aussagen eines Herrn Donald Rumsfeld orientieren. Und falls mir die nicht gefallen, werde ich Lockheed umgehend abladen.

Zum Abschluß noch einen kleinen Artikel über die Rüstungsindustrie insgesamt, damit Du mal wieder den Anschluß findest:



Defense Stock Winners And Losers

Arik Hesseldahl, Forbes.com, 04.25.01, 3:29 PM ET

NEW YORK - A pro-military Republican administration may seem like a
boon to defense contractors, and that could be true over the long haul. But
the new Bush administration has injected some short-term uncertainty
into the defense sector.

President George W. Bush announced a
"top-down" military budget review on Feb.
14, and equipment purchases must be a
big part of that review. Out of an estimated
budget of $310 billion, U.S. military forces are expected to spend about
$62 billion this fiscal year buying planes, helicopters, missiles and ships.

The new administration could certainly make some wholesale cuts of new
military products under development. Among the top contenders: The
Marine Corps` controversial V-22 Osprey aircraft, manufactured by Boeing
(nyse: BA - news - people) and Bell Helicopter Textron. It has been under
intense scrutiny for months after two fatal crashes of the aircraft. The
Pentagon has proposed buying 360 Ospreys, worth a total of about $40
billion. But that`s only one program that could be trimmed in size or cut
entirely.

The Bush administration is expected to decide over the summer which
weapons systems it considers worth buying. This includes big programs
like the Joint Strike Fighter, which could be worth a total of $200 billion
over the life of the contract for the company that wins it, to smaller
programs like Northrop Grumman`s (nyse: NOC - news - people) Navy
destroyers and Boeing`s Comanche Helicopter.

Overall, analysts expect sales to the military to increase over the next four
years. "At the very minimum, we expect support for the increases that were
put in place by the Clinton administration, and we would expect to do
better than that," says Chris Mecray, an analyst with Deutsche Bank in
New York.

But the new scrutiny of programs that have been in development for years
has contractors on edge. "The ongoing review by the administration has
been a constraining factor. It has effectively placed these contractors in a
holding pattern," Mecray says.

And recently the fortunes of defense contractors have been mixed.
Yesterday, Lockheed-Martin (nyse: LMT - news - people), the company
that makes the F-16 fighter jet among other things, reported earnings that
beat expectations. The announcement was viewed as a turnaround for a
company that has had cash flow problems over the last year. It reported
earnings of $105 million, or 25 cents a share, on revenue of $5.01 billion.
Profits rose despite a decline in revenue over the year-ago period.

The company said it expects profits to grow 25% to 30% in the coming
year. Analyst Sam Pearlstein of First Union Securities says the company`s
revenue should improve with release of a new satellite launcher, the Atlas
V rocket. It also has a new military cargo plane in development, the
C-130J.

Lockheed`s upbeat report followed dour earnings news from Northrop
Grumman, which missed analysts` expectations by 10 cents a share. The
company that makes the B2 Stealth bomber also produces the fire-control
radar systems for many jet fighters and combat helicopters in the
Pentagon`s arsenal. But it has recently turned to building ships for the
Navy by acquiring shipbuilder Litton Industries (nyse: LIT - news -
people).

While Mecray has a "strong buy" rating on only one defense contractor
stock--General Dynamics (nyse: GD - news - people)--he rates most
others with a more conservative "buy," among them Raytheon, whose
claim to fame is the Patriot missile system used by U.S. forces during the
1991 Gulf War.

"They have relatively little exposure to any program cancellations that may
come down. And they get a large subcontract on virtually every defense
program out there," he says.

Pearlstein also recommends General Dynamics, which today announced
plans to acquire shipbuilder Newport News Shipbuilding (nyse: NNS -
news - people). If approved it would make the company the Navy`s largest
supplier of ships and submarines. "They have one of the best
management teams in the business," says Pearlstein. He says the
company`s only downside may come from its Gulfstream business jet
unit, as the slowing economy impacts sales.

More From Forbes

[Micky_Maus]

@Gatsby,

offensichtlich arbeiten wir mit unterschiedliche Quellen. Gemäß http://www.whispernumber.com lag tatsächlich eine Flüsterschätzung vor, was allerdings eher die Ausnahme ist bei NYSE-Werten und entsprechend wenig Aussagekraft besitzt.

Mit 23 Cents per Share wurden diese Flüsterschätzung allerdings verfehlt. Ebenso bei den Umsatzzahlen, die recht deutlich unter den Erwartungen lagen.

Die Interpretation, dass Lockheed damit wieder einmal glänzen konnte, liegt m.E. daher völlig daneben. Natürlich liest sich das aus dem Hause LMT völlig anders, schon klar!

Daher bleibe ich bei meiner Einstufung Reduzieren. Einzig die immer neuen Kriegsspiele des US-Präsidenten verleihen dem Wert noch Auftrieb.

[Gatsby2]

Auch im kommenden Geschäftsjahr bleibt die Dividende gleich (niedrig): 11 Cent/Quartal.

Thursday April 26, 3:37 pm Eastern Time

Press Release

SOURCE: Lockheed Martin

Lockheed Martin Declares 11-Cent Quarterly Dividend

BETHESDA, Md., April 26 /PRNewswire/ -- Lockheed Martin`s (NYSE: LMT - news) board of directors today declared a regular quarterly dividend on the
Corporation`s common stock of 11 cents per share. The dividend is payable June 29, 2001, to holders of record at the close of business on June 1, 2001.

[Gatsby2]

Ein bißchen mehr an Hintergrund: Rumsfeld will in 4 bis 6 Wochen über die wesentlichen Beschaffungsprojekte in der US Verteidigung entscheiden. Man darf gespannt sein:

BOSTON (Reuters) - An in-depth review of U.S. military strategy and weaponry ordered
by President Bush will probably be ready in four to six weeks, White House Chief of
Staff Andrew Card said on Friday.

"It`s an ongoing and detailed review. I would say within the next four to six weeks is
when it is likely to come," Card told reporters after a meeting with acting Massachusetts
Gov. Jane Swift. "It`s really up to (Defense) Secretary (Donald) Rumsfeld."

When he took office, Bush ordered a broad review of the military to evaluate the size
and structure of the force and the type of weapons it buys and uses. He has said he
wants to revamp the military for the 21st century, perhaps even leapfrogging some
planned systems to take advantage of future technology.

According to USA Today, Rumsfeld is nearing the end of the review and is poised to
seek a large increase in defense spending as part of an overhaul of the military.

Quoting Defense Department sources, USA Today said on Friday Rumsfeld will ask for
an increase of $200 billion to $300 billion in already planned defense spending over the
next six years.

"An increase in that range for the military amounts to a 10 percent to 15 percent boost
over the Pentagon`s current spending blueprint of about $2 trillion from 2002 through
2007," the newspaper said.

The recommendation would represent a change of course for Bush, who during his
campaign for the presidency called for raising defense spending by $45 billion over nine
years, though leaving open the possibility he could ask for more.

Rumsfeld has not released any of his recommendations, and staff members have
repeatedly stressed that no final proposals have been passed to the president. But he is
likely to propose the scrapping or review of several major arms programs across all the
services.

PRELIMINARY PROPOSALS

Preliminary proposals already made to Rumsfeld by Pentagon study groups include
canceling the Army`s Crusader mobile artillery system, halting the upgrade of its M-1A1
tank and armored Bradley fighting vehicles and retiring the Air Force`s B-1 bomber, a
Pentagon official told Reuters this week.

The Navy`s planned next-generation destroyer, the DD-21, may be bypassed and panels
are reviewing whether the Navy should maintain a fleet of 12 aircraft carriers and
whether to proceed with two expensive new military aircraft programs.

The Air Force wants to buy 340 F-22 fighter jets from Lockheed Martin Corp. at a cost
of about $60 billion. Lockheed and Boeing Co. also are vying for a contract to build
thousands of Joint Strike Fighters for the U.S. Air Force, Navy and Marine Corps and
Britain`s Royal Navy.

Also under consideration is an expansion of a planned U.S. missile defense program to
include sea- and space-based weapons, a defense official told Reuters last week.

USA Today said on Friday Rumsfeld would recommend greater investment in satellites,
unmanned aircraft and space technology and de-emphasizing the role of ground troops.
Among the ideas is reorganizing the Army`s 12,000-to-15,000-member divisions into
3,700-troop brigades to boost flexibility.

The secretary also will propose replacing aging aircraft much sooner than the current
life cycle of 30 years to 40 years and launching a reorganization of the services to
contract out to private companies some functions not directly related to fighting wars,
such as maintenance, supply and accounting, the paper said.

(Additional reporting by Christopher Noble and Charles Aldinger)

[Gatsby2]

Wenn sich dieser Entwurf bewahrheiten sollte, gibt es bald einen ganz warmen Regen.

Wall Street Journal
May 1, 2001

Pentagon`s Draft Spending Plan Calls For A 42% Increase In Arms Budget

Proposal Would Add Extra $25 Billion A Year for Next 7 Years for Weapons

By Greg Jaffe, Staff Reporter of The Wall Street Journal

WASHINGTON -- A Pentagon spending plan drafted by Defense Secretary Donald
Rumsfeld`s staff calls for an additional $25 billion a year over the next seven years to buy
weapons, with big increases for fighter jets, ballistic-missile defense, cargo planes and
bombers.

If the defense secretary requests every item on the list, which is an early draft, it would
represent a 42% increase in the Pentagon`s current $60-billion-a-year
weapons-procurement budget.

Among the plan`s biggest increases are an additional $11.2 billion through 2007 for the Air
Force`s $62 billion F-22 fighter-jet program, and an extra $15.5 billion for the C-17 cargo
plane, a senior defense official said.

The plan also calls for an $8 billion increase in spending on missile defense technologies
over the next seven years, including faster development of an airborne laser, a space-based
laser and sea-based defenses. In a speech Tuesday, President Bush will begin laying out
his case for a more robust missile defense system, but officials said he isn`t ready to
endorse any particular programs.

In a bid to win acceptance, or at least acquiescence, for his missile defense plans Mr. Bush
may offer to share with Russia some of the technology being developed or to bring Russian
companies into a joint effort, a senior U.S. official said last night. A team of top
government officials will be dispatched to Europe, Russia and Asia next week to discuss
Mr. Bush`s rationale for pursuing a missile defense system.

The plan`s 42% jump in weapons procurement is certain to provoke a battle between the
Pentagon and the Bush administration`s budget officials, who during the presidential
campaign had proposed holding down growth in the defense budget to only about $4.5
billion a year over the next decade. Just what programs will get the extra funding won`t
likely be determined until the fall when the Bush administration takes up the budget for the
2003 fiscal year.

The Pentagon and the administration already are at odds over how much to seek from
Congress to supplement the Defense Department`s 2001 budget. The Pentagon has
requested an extra $10 billion, which was rejected by Bush budget officials largely because
part of the money would have been used to jump-start new weapons programs, an
administration aide said. The White House Office of Management and Budget has told the
Pentagon to come back with a much lower number, the official said.

The long-range Pentagon spending-plan draft sketches out how much the Pentagon should
increase more than 90 different weapons programs over the next seven years. It marks
one of the first major efforts by Mr. Rumsfeld`s staff to pull together the results of various
panels he assembled to recommend the kinds of weapons the military should buy.

Pentagon officials said Mr. Rumsfeld is expected to brief President Bush on his preliminary
findings as early as this week, and the defense chief will likely ask to increase his
department`s budget of $315 billion for fiscal 2002, which begins Oct. 1. In the meeting,
Mr. Rumsfeld is also expected to outline the department`s future needs. But it wasn`t clear
whether the Pentagon plans to ask for all of the items on the draft list.

The plan by Mr. Rumsfeld`s staff, adding $15.5 billion for the Air Force`s C-17 cargo jet,
would be a huge boon to Seattle-based Boeing Co., which builds the plane, said a senior
defense official. In recent years, disappointing international sales of the cargo plane have
raised questions about whether Boeing would be able to keep its production line for the
aircraft open. Adding more than $15 billion in business would answer those concerns.

Although Mr. Bush has said the Pentagon probably can`t afford all three fighter-jet
programs currently in production, the plan suggests increasing the budget for all three, said
a defense official: the Air Force`s F-22, the Marine Corps version of the Joint Strike Fighter
and the Navy`s F18 E/F. While the F-22 would get an extra $11.2 billion over the seven
years, the Marine Corps variant of the Joint Strike Fighter jet would receive an additional
$1.5 billion and the Navy`s F18 E/F, also made by Boeing, would receive an additional $5.2
billion.

On missile defense, the plan calls for adding about $2.3 billion over the next seven years to
the space-based laser program, designed to shoot down ballistic missiles in orbit, a tenfold
increase from the current spending plans for the program.

The plan also pumps about $2.7 billion extra into the Air Force`s airborne laser system,
which is being designed by TRW Inc., based in Cleveland. The airborne laser is a chemical
laser that would be attached to a 747 jetliner and is designed to shoot down missiles deep in
enemy territory. And the proposal calls for a $2.9 billion increase to the budget for the
Navy`s theater-wide missile defense system, built by Lockheed Martin Corp., Bethesda,
Md., and Raytheon Co., based in Lexington, Mass.

The spending plan also includes about $1.2 billion in extra money to modernize the Air
Force`s fleet of B-2 bombers, which are made by Northrop Grumman Corp.

[Gatsby2]

Hey, das wäre doch auch `mal ein Vorschlag zur Verbesserung der Sicherheit auf deutschen Autobahnen: Ein Fahrsicherheitssimulator für LKW.



Wednesday May 2, 9:00 am Eastern Time

Press Release

Lockheed Martin Delivers Truck Driver Trainer to First Commercial Customer

High-tech total driver training system enhances training and

safety in the commercial trucking industry

Lockheed Martin Information Systems (NASDAQ:LMT - news) has delivered a high fidelity, motion-based Truck Driver Trainer
system to Werner Enterprises, Inc. of Omaha, NE, one of the largest truckload carriers in the United States.

The trainer was shipped from Orlando to Omaha, via a Werner transport.

Werner Enterprises is the first commercial customer for a Lockheed Martin driver trainer system - and the first trucking industry
venture to employ simulation-based training. Truck Driver Trainer system technology provides highly effective training without
incurring the high costs associated with vehicle maintenance, wear-and-tear, and fuel.

John Hallal, President of Lockheed Martin Information Systems, cites driver safety as the key to this emerging market.

``The simulation allows drivers to experience realistic vehicle handling characteristics in potentially dangerous situations without risk
to themselves or their equipment, and review their performance in near real time,`` says Hallal.

``Timely instruction, assessment and feedback reinforce the training experience, producing competent, confident drivers. Our years
of experience with military trainers have shown indisputably that people perform better in emergency situations if they have been
trained first within a simulated environment.``

The Lockheed Martin Truck Driver Trainer system capabilities include day and night views under a full spectrum of weather
conditions, a high-definition terrain database, malfunction and road emergency response training, automated driver-performance
assessment, and intelligent traffic behaviors.

Trainees are situated in actual vehicle cabins to maximize the ``real-world`` look and feel of the training experience. The Werner
system includes an ergonomically advanced cab produced by Freightliner, the largest truck manufacturer in the United States.

The system incorporates highly reliable commercial-off-the-shelf visual and processing elements to reduce dependency on outside
maintenance and allow for ease of future technology upgrades. The basic system can be modified to emulate any type of wheeled
or tracked vehicle.

Werner Enterprises, Inc. (Nasdaq: WERN - news) is a transportation company engaged primarily in hauling truckload shipments of general commodities in both
interstate and intrastate commerce. Werner is among the five largest truckload carriers in the United States.

Headquartered in Bethesda, Md., Lockheed Martin is a global enterprise principally engaged in the research, design, development, manufacture and integration of
advanced-technology systems, products and services. The Corporation`s core businesses are systems integration, space, aeronautics, and technology services.

For additional information about Lockheed Martin Information Systems, visit our website: www.lockheedmartin.com/lmis

Contact:

Lockheed Martin Information Systems
Stuart W. Doyle, 407/306-7303
[e-mail]

[Gatsby2]

News von Global Telecommunication: Gestern wurde die Kooperation mit Global Crossing zwecks Breitbandvernetzung Südamerikas bekanntgegeben. -- Heute kam die Nachricht von einem Auftrag aus Portugal, ein landesweites Breitbanddatennetz zu entwerfen.

Wednesday May 2, 5:40 pm Eastern Time

Lockheed, Global Crossing sign LatAm fiber optic deal

NEW YORK, May 2 (Reuters) - Lockheed Martin Global Telecommunications and communications network firm Global
Crossing Ltd. (NYSE:GX - news) said on Wednesday they have agreed to a deal to provide fiber optic connections between
Latin America and the United States.

LMGT, a subsidiary of Lockheed Martin Corp. (NYSE:LMT - news), and Global Crossing said the deal is valued at more than $30 million, and will provide
connections from the United States to Buenos Aires, Argentina; Lima, Peru; and Caracas, Venezuela.

Under the terms of the agreement, LMGT will purchase from Global Crossings 25-year indefeasible rights of use for connections between Miami and Buenos Aires,
Miami and Lima, and Miami and Caracas.

The companies signed an agreement connecting Brazil and Argentina with the United States in August 2000.

Global Crossing and LMGT will also provide each other with expanded data routing options and other considerations in Argentina.

==========================================

Thursday May 3, 8:32 am Eastern Time

Press Release

LMGT Selected to Design Broadband Data and TV Broadcast Network for WTS Of Portugal -- Network To Offer Bundled Telecommunications Services
--

BETHESDA, Md.--(BUSINESS WIRE)--May 3, 2001--Lockheed Martin Global Telecommunications (LMGT) today
announced it has signed a contract with Wireless Telecommunications Services (WTS) of Portugal (Redes e Servicos de
Telecommunicacoes, S.A.) to design a broadband data and broadcast network to offer high-speed data, TV broadcast and voice
services for the Portuguese market. Financial terms were not disclosed.

``WTS sees a growing market in Portugal for integrated multimedia services,`` said Miguel Martins, chief executive officer of WTS.
``Based on our unique local loop capability and access systems, supported by LMGT`s systems integration expertise, WTS will be
able to create the first wireless broadband network in the world offering bundled services, allowing our customers easy and
streamlined access to broadband communications.``

Under the terms of the contract, LMGT will provide program management and end-to-end systems engineering and integration
services. The network will be based on local multipoint distribution system (LMDS) and digital video broadcast (DVB)
technologies. LMGT will be responsible for designing the network operations center, including the Internet data center, billing, help
desk, network management and back-office systems.

``Telecommunications networks are increasing in complexity in order to meet customers demands for fully interactive digital
services and in response to the growing reliance on Internet-based applications,`` said Michael Williams, president and general
manager of LMGT Systems & Technology. ``LMGT`s experience with these types of sophisticated systems will allow us to
provide solutions for WTS to offer to the Portuguese market that take advantage of the convergence of video, data and voice
services.``

LMGT plans to complete the definition phase by the end of June 2001. Subsequently, WTS will begin the implementation of the
network with installations in Lisbon and Porto, followed by expansion throughout Portugal.

WTS is a business unit created within the SGC Group for establishing a presence in the telecommunications market. WTS recently
received a national license to offer LMDS services in the 28 GHz band. Commercial operations are expected to begin in June
2001, with further network expansion planned based on the outcome of the definition phase. SGC has major holdings in
automotive, telecom, real estate and agriculture, and has annual revenues in excess of 80 million euros, with operations in Portugal,
Spain, Brazil, Argentina and the United States.

Lockheed Martin Global Telecommunications, a wholly owned subsidiary of Lockheed Martin Corporation (NYSE: LMT - news), delivers secure, reliable,
advanced-technology solutions to help enterprise customers leverage their telecommunications and information technology assets. LMGT has annual revenues in
excess of $1 billion and employs 4,000 personnel worldwide with major points of presence in North and South America, Europe and Asia.

Contact:

Lockheed Martin Global Telecommunications
Emily Donavan, 301/214-3309

[Gatsby2]

Kaum haben sie eins in Hainan kaputtgemacht, da arbeiten sie auch schon wieder an Verbesserungen an der P-3. Macht auch Sinn im Hinblick auf die Bestellung aus Taiwan.

Trotzdem wundere ich mich ein wenig, denn nach jüngsten Pressemitteilungen ist die Produktion der Orion doch schon seit mindestens 5 Jahren eingestellt...

Thursday May 3, 6:07 pm Eastern Time

Press Release

SOURCE: Lockheed Martin Aeronautics Company

First Full `Glass` Cockpit-Equipped U.S. Customs Service P-3 Airborne Early Warning (AEW) Aircraft Makes Successful First Flight

MARIETTA, Ga., May 3 /PRNewswire/ -- The seventh production P-3 Airborne Early
Warning (AEW) aircraft for the U.S. Customs Service (USCS) -- and the first to be equipped
with a next-generation full ``glass`` cockpit -- successfully conducted its first flight recently
from Lockheed Martin`s (NYSE: LMT - news) Aircraft Logistics Center in Greenville, S.C.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010503/DATH056-a
http://www.newscom.com/cgi-bin/prnh/20010503/DATH056-b
http://www.newscom.com/cgi-bin/prnh/20010503/DATH056-c )

``This flight marks a new chapter in the Customs Service`s P-3 AEW aircraft story,`` Tom
Wetherall, Lockheed Martin`s USCS P-3 Program Manager, said. ``This aircraft`s upgraded
configuration, with the improved cockpit displays, Digital Autopilot and state of the art Flight
Management Display System makes this the most advanced P-3 Cockpit in the world. These
improvements make the aircraft easier to fly, easier to maintain, and provides the flight crew
with a heightened awareness of the aircraft`s tactical situation.``

The U.S. Customs Service P-3 AEW #7 is a modified former U.S. Navy P-3B Orion retrieved
from Government storage for use by the Customs Service for drug interdiction. The P-3B is
augmented with an advanced Airborne Surveillance Radar, computer and communications
equipment to support detection and surveillance of suspected drug traffickers. Its modernized
cockpit and avionics equipment allow for reliable flight across all areas monitored by the
Customs Service.

P-3 AEW #7`s new glass cockpit incorporates a new Flight Management Display System
(FMDS), which consists of four new 6x8 inch ``glass`` displays to support primary flight and
navigation displays and color weather radar. The displays interface with a commercial Flight
Management System that supports flight plan entry and operation. The analog engine
instruments have been replaced with two electronic engine instruments displays. A new digital
autopilot and flight director system has been added that interfaces with the FMDS. The cockpit
instruments and autopilot are served by added modern commercial navigation equipment. A
separate contemporary stand by instrument has also been provided.

P-3 AEW #7 has also been outfitted with the APS-145 radar and TPX-54 IFF sensors,
capable of 360 degree detection and tracking of legitimate and suspect airborne and surface
traffic. Three operator stations in the center of the aircraft and a tactical display in the cockpit
provide the necessary displays and controls for the USCS crew to operate the sensors for the
interdiction effort. A data transfer system has been added to support receipt and transmit of video images via satellite
communications with other USCS aircraft and ground stations.

P-3 AEW #7 has also been equipped with an extensive communication system consisting of 10 radios and a sophisticated
communications control system has been added to support coordination with all potential interdiction partners. The communications
system includes conventional military VHF/UHF, Satcom, and encryption equipment as well as U.S. Customs Service specific and
law enforcement radios. The sophisticated communications control system allows individual crew stations on the aircraft to select
specific radios and specific transmit and receive modes for radios selected for that crew station. It also provides for relay and
simulcast functions for particular radios.

As part of its modification program, P-3 AEW #7 has had its interior overhauled to include facilities to support extended flight and
additional crew required to man extended flights (12+ hours). Extensive modifications have been made to the Environmental
Control System to support cooling of the added avionics and sensors and retain adequate crew comfort.

The exterior of the aircraft has been modified, most notably by the addition of the APS-145 radar rotodome and its support
structure, but also by the many antennae required for the communications system.

For more information regarding Lockheed Martin`s P-3 aircraft, please visit www.lmasc.com/p-3.

For more information about Lockheed Martin`s other products and services, please visit www.lockheedmartin.com." target="_blank" rel="nofollow ugc noopener">http://www.newscom.com/cgi-bin/prnh/20010503/DATH056-a
http://www.newscom.com/cgi-bin/prnh/20010503/DATH056-b
http://www.newscom.com/cgi-bin/prnh/20010503/DATH056-c )

``This flight marks a new chapter in the Customs Service`s P-3 AEW aircraft story,`` Tom
Wetherall, Lockheed Martin`s USCS P-3 Program Manager, said. ``This aircraft`s upgraded
configuration, with the improved cockpit displays, Digital Autopilot and state of the art Flight
Management Display System makes this the most advanced P-3 Cockpit in the world. These
improvements make the aircraft easier to fly, easier to maintain, and provides the flight crew
with a heightened awareness of the aircraft`s tactical situation.``

The U.S. Customs Service P-3 AEW #7 is a modified former U.S. Navy P-3B Orion retrieved
from Government storage for use by the Customs Service for drug interdiction. The P-3B is
augmented with an advanced Airborne Surveillance Radar, computer and communications
equipment to support detection and surveillance of suspected drug traffickers. Its modernized
cockpit and avionics equipment allow for reliable flight across all areas monitored by the
Customs Service.

P-3 AEW #7`s new glass cockpit incorporates a new Flight Management Display System
(FMDS), which consists of four new 6x8 inch ``glass`` displays to support primary flight and
navigation displays and color weather radar. The displays interface with a commercial Flight
Management System that supports flight plan entry and operation. The analog engine
instruments have been replaced with two electronic engine instruments displays. A new digital
autopilot and flight director system has been added that interfaces with the FMDS. The cockpit
instruments and autopilot are served by added modern commercial navigation equipment. A
separate contemporary stand by instrument has also been provided.

P-3 AEW #7 has also been outfitted with the APS-145 radar and TPX-54 IFF sensors,
capable of 360 degree detection and tracking of legitimate and suspect airborne and surface
traffic. Three operator stations in the center of the aircraft and a tactical display in the cockpit
provide the necessary displays and controls for the USCS crew to operate the sensors for the
interdiction effort. A data transfer system has been added to support receipt and transmit of video images via satellite
communications with other USCS aircraft and ground stations.

P-3 AEW #7 has also been equipped with an extensive communication system consisting of 10 radios and a sophisticated
communications control system has been added to support coordination with all potential interdiction partners. The communications
system includes conventional military VHF/UHF, Satcom, and encryption equipment as well as U.S. Customs Service specific and
law enforcement radios. The sophisticated communications control system allows individual crew stations on the aircraft to select
specific radios and specific transmit and receive modes for radios selected for that crew station. It also provides for relay and
simulcast functions for particular radios.

As part of its modification program, P-3 AEW #7 has had its interior overhauled to include facilities to support extended flight and
additional crew required to man extended flights (12+ hours). Extensive modifications have been made to the Environmental
Control System to support cooling of the added avionics and sensors and retain adequate crew comfort.

The exterior of the aircraft has been modified, most notably by the addition of the APS-145 radar rotodome and its support
structure, but also by the many antennae required for the communications system.

For more information regarding Lockheed Martin`s P-3 aircraft, please visit www.lmasc.com/p-3.

For more information about Lockheed Martin`s other products and services, please visit www.lockheedmartin.com.

[Gatsby2]

Die Konsolidation der US-Rüstungsindustrie tritt jetzt in eine sehr(!) interessante Phase ein. GD schluckt NNS, LMT ist immer noch heiß auf NOC, und RTN ist sturmreif. ... anschließend hat das Pentagon in vielen Gebieten Monopolisten auf der Gegenseite. So sieht es aus, wenn öffentliche Verwaltung ihre Auftragnehmer zu sehr unter Druck setzt.



Different times could be good thing for buyout

By David Lerman
Washington Bureau

Published: Saturday, May 05, 2001

WASHINGTON - As recently as a year ago, the Pentagon
was likely to frown on any attempt by General Dynamics to
buy Newport News Shipbuilding.

Alarmed by the rapid consolidation in the defense industry
following the end of the Cold War, Pentagon leaders put on
the brakes in the late 1990s.

In a move that took many by surprise, the Defense Department blocked an $8.3 billion
bid by Lockheed Martin Corp. to buy Northrop Grumman Corp. in 1998.

"Today, we are increasingly concerned about where all this could potentially lead,"
warned Jacques S. Gansler, then the Defense Department`s top weapons buyer. "Too
much consolidation could result in reduced competition and, eventually, a monopoly
situation -- denying us the innovation and cost benefits of competition."

A year later, following that same logic, Gansler helped quash the first bid by General
Dynamics to acquire Newport News, the nation`s largest private shipyard.

But today, as the Pentagon again reviews a plan that would consolidate the shipbuilding
industry into just two large companies, there is reason to think the outcome might be
different.

Gansler, a Clinton administration appointee, is gone. And the new Bush administration is
considered likely to take a kinder view to consolidations that offer billions of dollars in
cost savings to help fund new weapons programs.

"I think they would probably start with a fresh sheet of paper," said Rear Adm. Craig
Quigley, a Pentagon spokesman, when asked about the Newport News buyout at a
news conference.

"In this particular case, you would take a look at what`s different between the time this
issue was looked at in 1999 and today."

One clear difference is the nature of the agreement itself. What was once a hostile
takeover attempt by General Dynamics is now a deal both companies like.

"That`s critically important," said Paul Kaminski, who preceded Gansler as
undersecretary of defense for acquisition and technology.

As long as Newport News wanted to remain independent, Kaminski said, "there wasn`t a
lot of enthusiasm" about a merger and there were serious doubts about whether it would
produce the promised cost savings.

Now, with both companies on board, there is likely to be more confidence about a plan
that General Dynamics says would produce savings "in the low billions" of dollars over
the next decade.

At the same time, concerns about preserving the potential for competition could give way
to the more immediate need to find new money as President Bush tries to transform the
military for the 21st century.

"I would think this new administration, coming as it does with so much corporate
background, would see the issues through the eyes of CEOs," said John Douglass, who
served as an assistant Navy secretary in the Clinton administration.

"It`s more the view of managers seeking efficiency, than the regulatory view we`ve seen in
the past."

Much of the new Bush defense team brings with it decades of experience in corporate
America.

Defense Secretary Donald Rumsfeld served as chief executive officer of G.D. Searle &
Co., a worldwide pharmaceutical company, and General Instrument Corp., which
pioneered the development of the first all-digital high-definition television technology.

Bush`s nominee for Navy secretary, Gordon England, is a former General Dynamics
executive.

And Bush`s choice to succeed Gansler is Edward C. "Pete" Aldridge Jr., former
president of McDonnell Douglas Electronic Systems Co. who now serves as chief
executive officer of The Aerospace Corp.

Aldridge, in his Senate confirmation hearing last week, said the Newport News buyout
plan "is something that has to be looked at very carefully."

While careful not to tip his hand about a case he will soon review, Aldridge, a former Air
Force secretary, said the Pentagon must evaluate "the health of our industrial base,"
meaning the shipyards and their subcontractors.

The goal, he said, is to "preserve our national security and the future competitiveness of
our industrial base and the health" of the industrial base. "All of those are key factors in
the decision process. And it`s one that is extremely important."

The Pentagon must review defense industry buyouts to help satisfy antitrust concerns.
The Justice Department renders a final decision, but the opinion of the Defense
Department is considered critical.

David Lerman can be reached at [phone] or by e-mail at
[e-mail].***

[Gatsby2]

LOCKHEED MARTIN REMAINS TOP FEDERAL IT CONTRACTOR: For the seventh year in a row, Lockheed Martin Corp. is No. 1 on Washington Technology`s Top 100 list, as the company used its breadth and depth of expertise and market reach to move forward, despite some tough times. "I think our largest strength just comes in the form of size. We have huge groups of talented people," said Bob Coutts, executive vice president of Lockheed Martin’s systems integration business area. "We’re probably one of the most, if not the most, technically competent companies [in the market]." Financially, the world’s largest defense contractor realized $25.3 billion in 2000 revenue, almost flat compared to 1999 revenue of $25.5 billion. While 2000 was a low year for Lockheed Martin, the company should be improving from here on out, said aerospace analyst Paul Nesbit, principal at JSA Research, Newport, RI. He said Lockheed Martin’s IT businesses exist inside four different parts of the company: systems integration (the largest group), space, technology and services, and global telecommunications. Among its big victories in 2000, Lockheed Martin won the Air Force’s Integrated Space Command and Control contract, a $1.5 billion, 15-year program to modernize the service’s air, missile and space command and control systems used by the North American Aerospace Defense Command and the U.S. Space Command. The company also won a $118 million contract with the FBI to provide automated identification and information technology services for the agency’s Criminal Justice Information Services division in Clarksburg, WV. There are government agencies where Lockheed Martin does not yet have a presence, Coutts said. The company is looking for opportunities to remedy that. Listing the company’s plans points up another of its strengths, Coutts said: Lockheed Martin is prepared to bid on work as a prime contractor or to work with other major systems integrators in a subcontracting role. "We’re basically looking for wins," he said. (Washington Technology)

[Gatsby2]

Das ist eine gute Nachricht, denn sie zeigt das LMGT langsam aber sicher in Fahrt kommt.

Tuesday May 8, 8:43 am Eastern Time

Press Release

LMGT Designs Broadband Satellite Network For GCI

LINKWAY`s(TM)Bandwidth-on-Demand Will Allow GCI to Maximize Existing Satellite Capacity,
Improving Communications for Rural Alaska

BETHESDA, Md.--(BUSINESS WIRE)--May 8, 2001-- Lockheed Martin Global Telecommunications (LMGT) today
announced it has designed a broadband satellite network for General Communication, Inc. (GCI), an Alaska-based full-service
telecommunications provider.

LMGT and GCI are implementing the system jointly. GCI will use LMGT`s LINKWAY(TM) family of satellite networking
products to provide broadband communications to rural and remote villages across Alaska, including voice, Internet and cable.

``Given the topography of Alaska, providing applications via terrestrial transport mechanisms is not always an option,`` said Martin
Cary, GCI vice president of broadband services. ``With LMGT`s LINKWAY satellite network products and its
bandwidth-on-demand feature, GCI will be able to expand our customers` broadband access by more efficiently using our existing
satellite capacity.``

LINKWAY is a very small aperture terminal (VSAT) platform for broadband multimedia applications via satellite. The
LINKWAY network designed for GCI currently consists of over 20 operating sites across Alaska, with plans to expand to nearly
70 sites. The LINKWAY products will allow GCI to integrate satellite communications effectively and efficiently into their
advanced terrestrial networks.

LINKWAY`s dynamic bandwidth-on-demand feature will let GCI instantly access the amount of satellite capacity needed,
allowing GCI to maximize its existing satellite capacity. In traditional satellite networks, customers must allocate a preset amount of
capacity for each site, and/or use outdated circuit-switched technologies.

``LMGT designed LINKWAY to help our customers expand their broadband market base by complementing their existing
terrestrial services, such as cable or fiber, with efficient use of satellite resources,`` said Benjamin Pontano, president and general
manager of LMGT Products (formerly part of COMSAT Laboratories). ``Most businesses today are looking to realize cost
savings, and, with the LINKWAY family of products, GCI will be able to offer more services without having to purchase
additional satellite capacity.``

GCI will use the network for a variety of applications, including:

School Access - providing remote applications, content and technical support to Alaskan schools.
GCI Internet - extending Internet access and support services to all of Alaska.
Tele-Medicine - supporting a state-wide collaborative project to provide greater healthcare services to Alaskans that do not
have medical facilities in their villages.
Cable TV Advertising - sending television commercials to remote cable TV offices.

GCI (Nasdaq:GNCMA - news) is an Alaska-based integrated communication provider that delivers voice, video and data services through its fiber optic, satellite,
hybrid fiber coaxial and metropolitan area networks. More information about GCI can be found at www.gci.com.

Lockheed Martin Global Telecommunications, a wholly owned subsidiary of Lockheed Martin Corporation (NYSE:LMT - news), delivers secure, reliable,
advanced-technology products and services to help enterprise customers leverage their telecommunications and information technology assets. LMGT has annual
revenues in excess of $1 billion and employs 4,000 personnel worldwide with major points of presence in North and South America, Europe and Asia.

Contact:

Lockheed Martin Global Telecommunications
Corporate Headquarters
Emily Donavan, 301/214-3309

[Gatsby2]

... und das ist überhaupt noch keine Nachricht. Aber wenn es eine wird, muß Micky zahlen. Das US-Rüstungsmagazin "Defense Daily" brachte heute heraus, daß die Airforce möglicherweise doppelt soviele F-22 bestellen will, wie ursprünglich veranschlagt.

BTW Micky - lebst Du noch?


PENTAGON TO EXAMINE F-22 ACCELERATION, ENHANCEMENT OPTION

The Pentagon is to examine the possible acceleration of the Air Force’s F-22 fighter program and a buy of 423 enhanced aircraft beyond the 339 production
planes now planned, DoD sources said last week. The Air Force recently awarded the Lockheed Martin F-22 team a
$432 million contract to carry the program through June. Defense Secretary Donald Rumsfeld is now conducting a
top-to-bottom DoD review, which is likely to determine the future of major programs. Under the accelerated F-22 option,
the initial operational capability for the aircraft would still come in December 2005, but full operational capability would
come in 2007, a year earlier than now planned. An increased buy of aircraft would begin in FY ‘04, when the Air Force
would buy 40 planes, instead of the 36 now planned. A buy of 60 planes, instead of 36, would begin in FY ‘06, under the
acceleration option. Under the option, the Air Force would field 339 F-22s in FY ‘09, two years earlier than planned, for
an added cost of $3.1 billion. The cost of production of 762 F-22s would be $75.8 billion, instead of the $37.6 billion for
the 339 now planned. The additional 423 aircraft would be enhanced F-22s, or “F-22Es,” having significant strike
capability, like the Boeing F-15E aircraft, and an electronic attack capability. Such aircraft would, under the acceleration
option, have added strike capability, beyond the eight small diameter bombs now planned for the aircraft. The plane’s
backers argue that the aircraft’s true cost is measured in cost per target engaged. Because of its stealth, sensor and
supercruise capabilities, the plane is not to require significant support assets. (Defense Daily)

[Gatsby2]

Gerüchte, Gerüchte ... vielleicht sollte ich mir doch `mal `nen paar Loral zulegen...

Monday, May 07, 2001 5:20:00 PM

Loral, Lockheed Martin Talking About Joint Satellite Manufacturing Efforts, CEO Says

May 07, 2001 (Satellite News/Phillips Publishing via COMTEX) -- Loral Space and Communications [LOR] is
discussing ways to enhance the satellite manufacturing capability of its Space Systems/Loral (SS/L) unit with
rival satellite builder Lockheed Martin Corp. [LMT].

The talks do not involve a potential sale of SS/L, but Europe`s Alcatel Space S.A. has cited the discussions in a
March 16 lawsuit against Loral as a violation of international partnership agreements between the two
companies, said Loral Chairman and CEO Bernard Schwartz. However, the lawsuit accusing Loral of violating a
partnership with Alcatel could be irrelevant within a year, he added.

"We have had no conversations with Lockheed about selling," said Schwartz, speaking last Wednesday
during a satellite finance conference held by New York-based investment firm SG Cowen Securities Corp. "Our
conversations have been to expand [satellite manufacturing] capability, not to get rid of capability."

Schwartz said synergies exist between the low-margin satellite manufacturing unit, SS/L, and the high-margin
fixed satellite services provided by sister company Loral Skynet. For 2001, Schwartz offered guidance that
margins at SS/L likely would range between 6-8 percent, while LoralSkynet`s margins would hit 61-67 percent.

Each has "significant value" and allows Loral Space to present a "unique product," Schwartz said.

Alcatel claimed in its lawsuit that Loral is "actively" negotiating a transaction with at least "one third party"
[Lockheed] that would involve the consolidation and restructuring of SS/L, in violation of Alcatel`s rights
under the agreements. The negotiations themselves are a breach of Alcatel`s contractual rights to deny the
sharing of confidential SS/L information to the third party, according to the lawsuit.

That third party is Lockheed, Schwartz acknowledged in his remarks last Wednesday. Lockheed is heavily in
debt and is not in a financial position to comfortably acquire SS/L.

The negotiations between Loral and Lockheed Martin about SS/L were referenced in the lawsuit and an April
26 preliminary injunction issued by a federal judge. The court ordered Loral to resume providing its minority
shareholder Alcatel with non-public information that Loral stopped sharing last October.

A cross-motion by Loral to dismiss Alcatel`s complaint was rejected by the same judge, Shira Scheindlen, of
the U.S. District Court for the Southern District of New York.

Under the April 26 order, Loral needs to:

* Provide Alcatel with thirty-days notice in advance of any meeting of the SS/L board of directors to consider
approval of any SS/L transaction;

* Include in any SS/L transaction agreement the condition that Alcatel`s rights be maintained;

* Stop sharing any non-public or confidential SS/L information to Lockheed, without prior approval of the SS/L
board of directors;

* Hold a meeting of the SS/L board of directors prior to such a transaction; and

* Resume providing Alcatel with the same type, quality, frequency and timeliness of information supplied prior
to October 2000 when Loral halted the information flow.

The judge also found that Alcatel fully reserved its rights to seek immediate relief that may require Loral to
provide information that had been withheld. Those materials include copies of non-public or confidential SS/L
information that Lockheed received.

Both Alcatel and Loral have agreed to arbitrate the dispute. The tribunal that will address the matter will decide
whether any party has breached the agreements and if they remain in full force, according to the judge`s April
26 order.

As a result, the federal court limited its order to Alcatel`s request to block Loral from violating the existing
agreements until the arbitration tribunal settles the conflict.

Alcatel previously owned 49 percent of SS/L, but received $374 million in Loral common and preferred stock
during 1997 in exchange for its SS/L ownership.

The judge never identified Lockheed as the third party in his order, but he included a footnote that left no
doubt. The order reported that the unnamed "third party" involved in negotiations with Loral bought the
then-named Loral Corp.`s defense electronic and systems integration businesses in 1996. The buyer of those
businesses was Lockheed.

Loral initially attempted to keep the identity of Lockheed secret by requesting and receiving permission from
the judge to seal the transcripts of April 11 oral arguments at the court, as well as many related documents.

Despite Alcatel`s insistence on protecting its rights to receive non- public information about Loral, either
company has the option to cancel the deal, effective one-year after giving notice to the other company,
Schwartz said.

The dispute stems from a complex series of international partnership agreements signed by Alcatel and Loral in
April 1991 and revised in June 1997 to market, sell and manufacture satellites.

Alcatel alleges that the agreements grant it critical minority protections that include the right to veto
prospective deals, purchase stock of and obtain information about SS/L. Since the agreements have been
signed, Alcatel has become more of a competitor than a partner to SS/L, Schwartz said last Wednesday.

Satellite News, Vol. 24, No. 18

Copyright Phillips Publishing, Inc.

-0-



Phillips Publishing International

[Gatsby2]

Kleiner Fortschritt bei den Mehrfachraketenwerfern: LMMC hat wieder ein paar Tests erfolgreich abgeschlossen. Irgendwann wird dann vielleicht sogar `mal ein Geschäft `draus:

Wednesday May 9, 2:25 pm Eastern Time

Press Release

SOURCE: Lockheed Martin Missiles and Fire Control - Dallas

Lockheed Martin Conducts Three Successful MLRS M270A1 Developmental Flight Tests

DALLAS, May 9 /PRNewswire/ -- Lockheed Martin Missiles and Fire Control - Dallas conducted three successful
developmental flight tests of the Multiple Launch Rocket System (MLRS) upgraded M270A1 launcher this week at White Sands
Missile Range, N.M. A total of 23 MLRS rockets were fired successfully from the M270A1 over a two-day testing period.

On May 2, 12 MLRS Reduced Range Practice Rockets (RRPRs) were successfully ripple fired from a M270A1 launcher. On
May 4, five MLRS Tactical Rockets were ripple fired from the launcher, followed by another ripple firing of six Extended-Range
Rockets. According to preliminary data, all test objectives were achieved.

The M270A1 program is a major upgrade to the MLRS launcher. It includes an Improved Fire Control System (IFCS) that
features a Global Positioning System (GPS), as well as the ability to process large blocks of data from new smart munitions within
tactical timelines. Operating and maintenance costs will be reduced because of greater reliability and ease of repair on IFCS parts.

The system also incorporates the Improved Launcher Mechanical System (ILMS) upgrade, which dramatically reduces the time
needed to aim and reload the launcher. In a typical fire mission, the ILMS-equipped launcher is six times faster than the current
M270 launcher. Reload time is decreased by more than 30 percent. Crew and launcher survivability will be greatly enhanced
because total exposure time on the battlefield will be significantly reduced.

Located in Dallas and Orlando, Lockheed Martin Missiles and Fire Control develops, manufactures and supports advanced
combat, missile, rocket and space systems. The company is organized in seven program/mission areas: Strike Weapons, Air
Defense, Anti-Armor, Naval Munitions, Fire Control and Sensors, Fire Support and Product Development.

Headquartered in Bethesda, Maryland, Lockheed Martin (NYSE: LMT - news) is a global enterprise principally engaged in the
research, design, development, manufacture and integration of advanced-technology systems, products and services. The
Corporation`s core businesses are systems integration, space, aeronautics, and technology services.

For additional information, visit our website: http://www.missilesandfirecontrol.com.

[Gatsby2]

Eine sehr interessante Entwicklung: 6 europäische Nationen wollen in den JSF investieren. Keine guten Aussichten für den Eurofighter...

SIX ALLIES READY TO INVEST IN JSF: Six nations appear ready to invest in the new Joint Strike Fighter that the United States and Britain are developing, Pentagon officials said Wednesday – a move that could buy the program some political insurance in Washington. No contracts have been signed with the projected partner nations – all NATO allies – according to Jon A. Schreiber, director of international programs for the Pentagon`s Joint Strike Fighter office. But Italy and the Netherlands could sign this fall, he said, and talks are under way with Turkey, Canada, Denmark and Norway. "We`ve basically completed negotiations with the Italians," Mr. Schreiber said. "We`ve basically completed negotiations with the Dutch, as far as the wording [of a memorandum of understanding] is concerned. We`re still negotiating the bottom line," he said. (Dallas Morning News)

[Micky_Maus]

Eine Meldung vom Konkurrenten Boeing:

Boeing (BA) verlegt seinen Hauptsitz von Seattle nach Chicago und beendet damit einen schwelenden Streit. Im Gespräch waren zuvor auch Dallas und Denver.

Noch keine Aussage macht Boeing über die Montage des Joint Strike Fighter, was Umsätze von 500 Mrd.$ (einschl. Ersatzteile $ Service) verspricht, sollte der Rivale Lockheed Martin Corp. (LMT) im Rennen um den Pentagon Kontrakt geschlagen werden.

http://cbs.marketwatch.com

[Gatsby2]

Micky,

schön, Dich so munter wiederzusehen. Die Meldung von Boeing ist wirklich interessant, aber jetzt hätte ich doch gerne die alte Karte, die zeigt welcher Bundesstaat wie gewählt hat. Als Boeing erstmals die geplante Sitzverlegung erwähnte, hätte ich Stein und Bein geschworen, daß sie das Hauptquartier nach Dallas/Fort Worth verlegen, um dem guten G.W.B. einen Gefallen zu tun.

Aber vielleicht haben sie den Republikanern ja auch so schon genug Versprechungen gemacht. Schließlich soll der JSF, falls Boeing den Zuschlag bekommt, in neu zu schaffenden Produktionsanlagen im Bundesstaat Mississippi gebaut werden. Und da wurde immer schon stramm Republikanisch gewählt.

[Gatsby2]

Mehr von Boeing:

Die Nachricht schon fast absurd: Boeing ist sich sicher, daß sie anhand ihres Entwurfes auch das Flugverhalten ihres späteren JSF genau vorherbestimmen können. Im Grunde ist das lächerlich, denn Boeing gibt damit offen zu, daß sie an der Ausschreibung des größten Rüstungsauftrages in der Geschichte - der Artikel spricht von einem Gesamtvolumen von bis zu $ 500 Mrd. allein im U.S.-Markt - mit einem Prototyp teilnehmen, der dem tatsächlichen Produkt nicht entsprechen soll.



Friday May 11, 10:43 am Eastern Time

Boeing meets key demand in giant JSF project

By Bradley Perrett, European aerospace & defence correspondent

LONDON, May 11 (Reuters) - Boeing Co (NYSE:BA - news) has met a key demand in its quest to win the biggest-ever fighter project, comments by the programme director indicated on Friday.

The company has proved that it can predict the performance of the plane it wants to build for the U.S. Joint Strike Fighter project, even though it does not have an identical prototype, said the director, Major-General Michael Hough.

``Am I worried about Boeing`s design?`` Hough said at a conference in London. ``Absolutely not.``

Lockheed Martin Corp (NYSE:LMT - news) is also competing for the vast Joint Strike Fighter programme, which may be worth $500 billion in development, production and decades of service support.

The programme is currently under a cloud, not because of any technical failure but because the Bush administration is reassessing the requirements of the U.S. military.

Hough said that the JSF project could cope with building fewer than the 3,000 planes currently planned, because its costing had not taken export orders into account.

The programme was still on target for its extraordinarily low production costs, he said, with the U.S. military and its British partners paying only $28 million to $38 million per plane -- in the currency of 1994, when those targets were set.

BOEING PREDICTIONS ACCURATE

Lockheed and Boeing are currently flying demonstrator aircraft, and Hough said he planned to announce his choice between them in the first week of October.

Few analysts are predicting who will win the project -- and Hough himself said he was extremely happy with both submissions -- but Boeing`s proposal has suffered nagging doubts about its offered design being different to its demonstrator planes.

One of the functions of the demonstrators is to prove how the production planes would perform.

But Boeing has argued that it could use computer modelling to predict aircraft performance and would prove that it could do so if its demonstrators flew as predicted.

Hough said they had.

``(Both) contractors modelled the performance of these aircraft down to half a knot and then they demonstrated it perfectly,`` he told the conference, held by organisers IQPC.

``I have had no surprises with (testing) those airplanes. It is almost boring.``

EXPORT POTENTIAL

If the JSF is built, it would appear in three versions: one to operate from concrete runways for the U.S. Air Force; one for catapult launches and arrested recoveries on Navy carriers; and one capable of short take-offs and vertical landings for the U.S. Marines, Britain`s Royal Navy and the Royal Air Force.

Those services need a total of 3,000 planes.

But Hough pointed to other countries that could be expected to buy the JSF, opening up the possibility of maintaining the production run even if the U.S. order were cut.

Also, modern construction techniques had a flatter learning curve -- they did not need long production runs to cut costs.

``The effect of adjusting numbers does not have such a great impact,`` he told Reuters.

Hough said the project would cost $3.8 billion for preliminary development, $25 billion for full-scale development, and then $28 million to $38 million to produce each plane.

On that basis, development plus production of 3,000 planes should cost about $125 billion -- in 1994 currency.

Maintenance and training for a fighter traditionally costs twice the production value, but Hough plans to reduce it by 20 percent -- making for a further $160 billion.

Another 3,000 export planes -- probably the most that could be expected, according to analysts -- would add a further $100 billion in production costs and $160 billion in support costs, making the whole programme worth around $550 billion.

Boeing is using BAE Systems Plc (quote from Yahoo! UK & Ireland: BA.L) as a subcontractor on its bid, while Lockheed has structured its submission as a joint-venture with BAE and Northrop Grumman Corp (NYSE:NOC - news).

A large slab of the project, possibly 20 percent, will go to engine manufacturers under a separate prime contract. Pratt & Whitney (NYSE:UTX - news) is building one competing engine while General Electric Co (NYSE:GE - news), in association with Rolls-Royce Plc (quote from Yahoo! UK & Ireland: RR.L), is building another.

The Boeing and Lockheed designs each have their own vertical-thrust systems. Rolls-Royce is the supplier of both.

[Gatsby2]

Naaa, ob es da was zu erzählen gibt? Nicht vergessen, Lockheed hat die Produktion für die F-22 auf eigenes Risiko angefahren, obwohl Mr. Rumsfeld immer noch seinen Kopf wiegt... Aber was war denn dann heute bloß mit dem Kurs los?



Monday May 14, 2:31 pm Eastern Time

Press Release

SOURCE: Lockheed Martin Corporation

Lockheed Martin Chairman Makes Presentation at Aerospace Finance Conference

BETHESDA, Md., May 14 /PRNewswire/ -- Vance Coffman, chairman and CEO of the Lockheed Martin Corporation (NYSE:
LMT - news) will make a presentation to the Credit Suisse First Boston/Aviation Week Magazine Aerospace Finance Conference
in New York City, Wednesday, May 16, 2001 at 12:00 p.m. EDT.

The conference will be webcast, with a live audio broadcast of Coffman`s presentation available at
http://www.csfb.com/conferences/aerospace or the Lockheed Martin website, http://www.lockheedmartin.com/investor.
Information about the conference can be found at http://www.aerospace.csfbconferences.com.

Headquartered in Bethesda, Maryland, Lockheed Martin is a global enterprise principally engaged in the research, design,
development, manufacture and integration of advanced-technology systems, products and services. The Corporation`s core
businesses are systems integration, space, aeronautics, and technology services. Lockheed Martin had 2000 sales surpassing $25
billion.

For additional information, visit the website: http://www.lockheedmartin.com.

[Gatsby2]

Jajaja Lockheed hatte `mal wieder den richtigen Riecher, als sie Northrop Grumman, British Aerospace Systems und andere bei ihrem Joint Strike Fighter Konzept mit an Bord genommen haben. Die Exportaussichten sind einfach zu wichtig, als daß die USA sich das Projekt entgehen lassen könnten.



Tuesday May 15, 3:56 pm Eastern Time

Press Release

SOURCE: Lockheed Martin Aeronautics Company

International Conference Highlights Global Nature of Lockheed Martin JSF

FORT WORTH, Texas, May 15 /PRNewswire/ -- Business representatives from Canada,
Denmark, Italy, The Netherlands, Norway and Turkey visited Fort Worth today to prospect for
potential roles in the Lockheed Martin Joint Strike Fighter program.

Some 27 major JSF suppliers from the United States and United Kingdom are conducting
private, one-on-one meetings with the international executives to investigate sub-tier supplier
participation in JSF. The program is projected to be one of the largest defense procurements in
history. The discussions are the main focus of the Lockheed Martin JSF International Business
Conference, which runs for three days. Nearly 200 people from more than 100 companies are
participating in the event.

``Deep international participation in JSF was envisioned from the very start, and this
conference is evidence that we`re right on track,`` said Martin Taylor, director of subcontract
management for the Lockheed Martin JSF program. ``Our JSF team already is an international
group, and that global participation will continue to build as the program evolves.``

Taylor is an example of the JSF program`s intercontinental profile. A citizen of Great Britain,
he is employed by the U.K.`s BAE SYSTEMS, which, along with Northrop Grumman, is the
key strategic partner on the Lockheed Martin JSF team.

BAE SYSTEMS is among a large group of U.K.-based companies already involved in the
Lockheed Martin JSF. Businesses from The Netherlands and Italy also will supply high-tech
systems and materials. Other countries` industries are expected to join the team in coming
months.

``We expect this conference will help promote the process of expanding international
participation in the program,`` Taylor said.

JSF, a next-generation, supersonic stealth fighter, is designed to replace aging fighter aircraft in
the U.S. and U.K., including the A-10, F-14, F-16, F/A-18 and Harrier. Specific JSF versions
are being tailored for the U.S. Air Force, Navy, Marine Corps and Royal Air Force/Royal
Navy. Other allied nations also have signaled their interest in the aircraft.

Flight testing of Lockheed Martin`s Air Force and Navy JSF demonstrators, the X-35A and X-35C, have successfully concluded.
Testing of the short-takeoff/vertical landing X-35B, designed to meet Marine Corps and Royal Air Force/Royal Navy
requirements, is proceeding on schedule.

Lockheed Martin (NYSE: LMT - news), in partnership with Northrop Grumman (NYSE: NOC - news) and BAE SYSTEMS, is
in competition to build the JSF for the United States and United Kingdom. Government selection of a single contractor for the
Engineering and Manufacturing Development phase is set for fall 2001.

For more information on the JSF and Lockheed Martin Aeronautics Company, visit: http://www.lmaeronautics.com.

For government information on the Joint Strike Fighter program, visit http://www.jast.mil.

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

[Gatsby2]

Mehr an Hintergrund. Offensichtlich wird in USA heftig daran gearbeitet, die Nachfolge der Concorde antreten zu können.

http://www.aviationnow.com/content/publication/b_ca/operatio…

Und damit der Text nicht irgendwann verloren geht:

Advanced Supersonic Research

For an SSBJ to be practical,
researchers will have to find a
means of taming sonic booms and
engine noise.

By Bill Sweetman

Under the newly launched Quiet Supersonic
Platform (QSP) project, the Defense Advanced
Research Projects Agency (DARPA) plans to
sponsor a prototype aircraft that could lead to both
a supersonic business jet for the corporate operator
and to a stealthy, long-range multi-purpose
supersonic aircraft for the U.S. Air Force. A QSP
prototype could be flying by the mid-2000s, testing
a range of advanced aircraft technologies.

The project`s roots go back to 1997-98, when
researchers at Lockheed Martin`s Skunk Works in
Palmdale, Calif., achieved some substantial
advances in supersonic aerodynamics, including
techniques for the suppression of sonic booms. At
the time, however, the USAF had no outstanding
requirement for a supersonic-cruise aircraft.
Seeking an application for the new technology,
Lockheed Martin contacted Gulfstream Aerospace.
The two companies announced a joint supersonic
business jet (SSBJ) study in September 1998.

At that time, the focus of supersonic cruise
research in the United States was the NASA
High-Speed Research (HSR) program. Under way
since the early 1990s, HSR was aimed at
developing the technology and design features of a
300-passenger, 2.4 Mach (1,380 knot) supersonic
commercial transport that would be profitable with
fares some 20 percent above subsonic rates. By
1998, NASA and its industry partners had invested
more than $1 billion in the project, and were ready
to start the construction of a large-scale prototype
of the transport`s engine.

The project had started with McDonnell Douglas
and Boeing as team members on the airframe side.
In 1998, Boeing completed the takeover of
McDonnell Douglas and, later in the year, produced
a new study that showed that NASA`s goals for
noise and operating cost were inadequate. The
supersonic transport, said Boeing, would have to
meet the most-stringent noise rules projected for
2020 and would have to match the operating costs
of a subsonic aircraft. These goals were not
achievable with the technology explored under
HSR. NASA had no alternative but to cancel the
planned next step in the HSR program. Early in
1999, the project was stricken from the NASA
budget.

SSBJ Development

Lockheed Martin and Gulfstream, with the support
of NetJets owner Warren Buffett, attempted without
success to win NASA support for their own
program. However, they did persuade Congress to
put money for the project into the FY2000 defense
budget. Like other advanced research projects with
dual-use (military and commercial) applications,
the project was launched under the aegis of
DARPA.

The fundamental goal of QSP is low-sonic-boom
technology. Gulfstream is convinced that an SSBJ
cannot be successful unless it can operate at
supersonic speed anywhere, without restrictions.
"The difference is substantial," says Preston
Henne, Gulfstream senior vice president of
programs. "If the aircraft has to fly subsonic over
land, it`s not a lot more valuable than a subsonic
aircraft."

Low-sonic-boom design is something that has been
studied in theory since the 1970s, but -- as far as
is known -- has never been demonstrated.
Lockheed Martin believes it has found a way to
make it work. At subsonic speeds, an airplane
displaces air as it flies. The displaced molecules of
air push others aside and the air flows smoothly
around the vehicle. The air disturbance is
progressive and dissipates a short distance from
the aircraft.

An aircraft at supersonic speed affects the air
differently. It is displacing air faster than the
disturbance can travel. This creates a pressure
pulse that radiates outward from the airplane at the
speed of sound. Because the pulse expands at
right angles to the line of flight, it takes the form of
a cone trailed behind the moving aircraft.

In detail, the pulse can be plotted as an N-shaped
pressure wave, caused by an overpressure at its
nose and an underpressure at its tail. The pressure
rises sharply at the nose, declines to an
underpressure towards the tail, and then returns
quickly to the ambient level. The rapid pressure
rises at the front and rear of the wave are sensed
as the characteristic double bang of a sonic boom.
The peak overpressure also may be heard and felt.

The pressure pulse cannot be eliminated, but in the
1970s, researcher Richard Seebass proposed that
the effect of the boom could be minimized by
making the nose of the airplane blunt. This creates
a pressure spike ahead of the forward shock. The
pressure spike raises the local temperature and
sound velocity, which "stretches" the forward shock
and slows the rise in pressure. Seebass also
suggested that the peak overpressure in the wave
could be reduced by spreading the lift of the wing
along the length of the aircraft. Finally, he
concluded that if the boom was weak enough,
phenomena associated with the molecular
structure of air could make it inaudible on the
ground.

In 1996, Seebass (by then a professor at the
University of Colorado) analyzed the sonic-boom
signature of an SSBJ. His analysis showed that it
was possible to achieve a peak overpressure of
less than 0.45 lb/ft2 and that such a low-boom
aircraft "could be certified to fly over land at
supersonic speeds." McDonnell Douglas carried
out some low-boom studies under HSR. A member
of the McDonnell Douglas team, John Morgenstern,
was awarded a patent for a low-boom design in
1998, and is now a member of the Lockheed Martin
SSBJ team.

Recent Patents

Another patent, revealed late in 1999, shows a
Lockheed Martin low-boom design. Its most
unusual features are an elongated nose, with a
conical tip, and an inverted-V tail surface that
overlaps the wing. The conical nose is intended to
create the forward pressure spike proposed by
Seebass and Morgenstern. Its sharply swept arrow
wing spreads the lifting surface along the vehicle`s
length. The inverted-V tail, Seebass comments,
may be designed to generate extra lift towards the
tail: The inboard trailing edge of a delta provides
little lift, but a separate surface can do so.

Lockheed Martin also may be hoping to achieve
some favorable interaction between the wing and
tail. One of the first aerodynamicists to research
high-speed configurations, Adolf Busemann,
invented a supersonic vehicle called the
"Busemann biplane" in which the shock waves from
two opposed surfaces canceled out each other
and, in the process, generated extra thrust.

DARPA is asking companies interested in bidding
on the QSP project to look at other ways to reduce
the airplane`s drag and suppress the sonic boom.
DARPA specifically mentions the use of plasmas
to reduce drag at supersonic speed. Russian work
dating back to the 1970s indicates that it is
possible to reduce the intensity of the shock wave
from an airplane`s nose by generating an electrical
field in the airflow, which creates a plasma, or
electrically charged gas stream.

The USAF Research Laboratory has sponsored a
number of tests in an effort to reproduce the
Russian plasma results. So far, the U.S.
researchers say that they do not completely
understand the mechanism involved. For example,
there is no agreement as to whether the shock
reduction is caused by heat, by the change in the
molecular structure of the gas caused by the
plasma, or both. Tests continue in the United
States and Russia, using a variety of plasma
generators (some with inert gas injection) to create
stable and streamer-like discharges.

Supersonic laminar flow control (LFC) is another
area of interest, because it can reduce the aircraft`s
drag, fuel burn and weight. NASA explored LFC
during the HSR program, and installed an
experimental system on one of its F-16XL test
aircraft. However, DARPA is looking at using
aerodynamic shaping for LFC, rather than the
complex and hard-to-maintain suction system
tested by NASA.

Low-sonic-boom design is a technology that
absolutely demands a flight demonstration, at the
largest scale that can be afforded. Computational
fluid dynamics and wind tunnel tests can only
define the shock effects in the immediate vicinity of
the aircraft. They cannot provide firm data on what
happens as the shock radiates through the
atmosphere over a distance of tens of miles.

Once the shock does reach the ground, the
question of what constitutes an "acceptable" or
"imperceptible" effect on humans and the
environment will have to be addressed -- and this
question involves physiology, psychology and
politics in equal measure. Current federal
regulations simply prohibit supersonic flight over
land; for an SSBJ to succeed, government
authorities will have to define an acceptable sonic
boom.

The Propulsion Puzzle

Aerodynamics are only part of the challenge in
developing an SSBJ. Propulsion is a very difficult
problem, bounded by three factors: heat, noise and
cost.

As an airplane flies, the air entering its inlet is
compressed. As the speed rises above 1.0 Mach,
inlet pressures and temperatures rise rapidly. The
increase in temperature is compounded by
compression in the engine, with the result that
turbine temperatures quickly reach the limits of
metallurgical and cooling technology. Concorde`s
Olympus engines get around this problem because
they run at low pressures and temperatures at
subsonic speed -- but this makes them inefficient
at low speeds.

Fighter engines are actually throttled back at
supersonic speeds, but this means that the only
way to obtain more thrust is to use fuel-guzzling
afterburners, which limit them to supersonic
dashes measured in minutes. This said, some
modern fighter engines can maintain full power
above 1.0 Mach: Dassault based its 1997 SSBJ
design on fighter engines. But, once again, the
problem was heat. Fighter engines have short lives
(8,000 hours is a generous total lifetime for a
fighter) and spend little of that time at full throttle.
The engines that Dassault was considering would
have needed a total redesign to cruise at full power,
day after day, for the life of a business jet. An
SSBJ engine will have to be durable and will push
the state of the art in high-temperature materials.

Noise is an extremely difficult issue. A conventional
turbofan engine simply does not have an exhaust
that is fast enough to drive a supersonic airplane. A
supersonic engine needs a high specific thrust --
that is, it needs to produce 80 to 90 pounds of
thrust for every pound of air it breathes, like the
F119 engine fitted to the USAF`s supersonic-cruise
F-22 fighter. This also means a very high exhaust
velocity -- and noise, unfortunately, increases with
the fourth power of jet velocity.

NASA, in the HSR program, chose to solve this
problem by combining a low-bypass turbofan -- like
an F119, but roughly three times as big -- with the
"Noise Suppressor From Hell," a Winnebago-sized
assembly of mixer chutes, variable ramps and
auxiliary inlets, which, on takeoff and landing,
blended the jet exhaust with an equal mass of
outside air, dropping its final velocity to that of a
medium-bypass turbofan. Weight was a
tremendous challenge, even assuming the use of
very advanced construction techniques and
materials, including composites of ceramic fibers in
a ceramic matrix.

Technically, the ideal solution is a
variable-bypass-ratio engine that uses internal
valves and ducts to change from a
supersonic-cruise engine to a more efficient and
quieter subsonic engine. Although various engines
of this type have been tested, none has ever flown,
and it would certainly be an expensive and risky
item to develop.

One interesting approach to the problem was
proposed by Rolls-Royce in 1990, when Gulfstream
was discussing an SSBJ project with Russia`s
Sukhoi company. The company based its proposed
SSBJ engine on the core of a Trent
high-bypass-ratio turbofan, fitted with a new
low-pressure system with a bypass ratio of 2:1. It
was a compromise engine, with just enough
specific thrust to be effective at supersonic speed,
and just enough airflow to meet Stage 3 without an
elaborate suppressor.

The Rolls-Royce approach has the advantage of
saving money. Developing and certificating any new
large commercial engine carries a price tag in the
billions of dollars. Even the most optimistic
estimates of the SSBJ market, possibly combined
with a few military aircraft, hold out little hope of
recovering such an investment. "All three engine
companies have ideas on how they can bring an
engine to market," says Henne, "and all three are
looking at derivative engines."

Structures Research

Structural materials for the SSBJ will be selected
for their tolerance of long-term heating. Gulfstream
and Lockheed Martin seem to have settled on a
speed somewhere below 2.0 Mach, which makes
the structural issues less daunting than they were
for the 2.4 Mach airliner proposed for NASA. (If the
SSBJ can cruise over land, however, it will offer
equal or better block speeds.) Some current
composite materials can handle such
temperatures, but they are expensive: The most
widely used structural material on the F-22, for
example, is titanium, because it is more affordable
than high-temperature composites.

In the QSP program, DARPA is interested in
exploring the uses of some experimental materials
that it has explored under separate programs, such
as "foamed" metal structures. Metal foams, says
DARPA, can offer equal strength and stiffness to
solid materials in many applications, but may be
only half as dense and heavy. Foamed metals
could be used to produce lightweight, stiff skin
panels without ribs or stringers. There are even
some indications that they may be inherently
stronger than monolithic metals, permitting even
greater weight savings.

Weight is an important issue for the SSBJ. The
range goals are ambitious, and require a healthy
fuel load: Supersonic cruise aircraft typically have a
fuel fraction (fuel as a fraction of takeoff weight) of
more than 50 percent. Advanced materials also can
reduce the weight impact of components such as
the exhaust noise suppressor.

Clearly, DARPA hopes that the QSP project will be
more than a simple demonstrator for a supersonic
business jet, but will be a vehicle for demonstrating
a complete range of advanced aerodynamic,
structural and propulsion technologies. B/CA

Bill Sweetman, a leading defense and technology
writer, won worldwide fame as an expert on stealth
aircraft. He has written several books on U.S.
advanced and "black" programs.

From July 2000 Business & Commercial Aviation
magazine

Copyright 2000, The McGraw-Hill Companies, Inc.

[Gatsby2]

Sowas würde ich mir von meinem Provider auch wünschen.



Thursday May 17, 10:48 am Eastern Time

Press Release

LMGT Adds Malicious Activity Detection --MAD-- to Its Arsenal of Network Security Solutions

-- New Feature Available at No Additional Cost To LMGT Managed Firewall Service Customers --

BETHESDA, Md.--(BUSINESS WIRE)--May 17, 2001-- Lockheed Martin Global Telecommunications (LMGT) today
announced the launch of a new Malicious Activity Detection (MAD) security feature to protect vulnerable business networks.

MAD is based upon Check Point Software`s FireWall-1(TM) and is available at no additional charge for customers using LMGT`s
Managed Firewall Service.

MAD is the latest addition to LMGT`s portfolio of secure managed network services and enterprise solutions for e-business
customers. MAD supports secure e-commerce for such industries as manufacturing, telecommunications, insurance, banking,
finance, and retailing among others.

``As a leading provider of information technology and network security applications, LMGT inherently offers the latest and most
innovative managed services as part of our complete security solution, and not another add-on cost for our customers,`` said Jo-An
Skowronek, vice president of global solutions management for LMGT.

LMGT`s Malicious Activity Detection service analyzes a company`s firewall event logs and generates alerts when certain attacks or
anomalies against the network perimeter are identified. The alert identifies the attack, the originating address, and the firewall under
attack. Once LMGT security experts verify the attack, corrective actions are taken immediately based on the customer`s security
policy and procedures.

``MAD is similar to having network sensors that alert you when someone is attacking your system,`` Skowronek said. ``Having a
firewall is only part of the answer. If an intruder challenges a customer`s network, MAD is the perfect tool for alerting the customer
and our network security experts so that appropriate actions can be taken.

``It is critical for the customer to have clear procedures in place for dealing with network intrusions,`` Skowronek added. ``Simply
pulling the plug on the system is not always the best solution. LMGT provides value-added services that prepare customers well in
advance to respond to network attacks.``

LMGT offers a wide range of secure networking services and applications for enterprise customers, including complete network
security policy evaluations, network assessments and tailored solutions based on the customer`s specific requirements.

LMGT`s portfolio of managed services also includes design, configuration, implementation, and around-the-clock management of secure virtual private networks
(VPN) and business extranets, as well as managed firewalls, systems monitoring, and malicious activity detection.

LMGT`s suite of solutions blends Lockheed Martin`s legacy of designing, integrating and managing the world`s most complex and secure high-speed data network
and global services for governments. LMGT provides enterprise customers with a full choice of leading-edge information technology services--from enterprise
integration in the design and development of business-critical systems to eBusiness processes--to outsourcing of entire IT operations.

Lockheed Martin Global Telecommunications, a wholly owned subsidiary of Lockheed Martin Corporation (NYSE:LMT - news), delivers secure, reliable,
advanced-technology products and services to help enterprise customers leverage their telecommunications and information technology assets.

LMGT has annual revenues in excess of $1 billion and employs 4,000 personnel worldwide with major points of presence in North and South America, Europe and
Asia. Additional company information and news releases are available on LMGT`s Internet homepage at www.lmgt.com.

[Micky_Maus]

Auweia, trotz der mäßigen Q-Zahlen stehen die Aktien von Lockheed Martin Corp. schon bei 38,30$. Jetzt wird`s aber eng für mich, bin knapp bei Kasse und das Essen wird bald fällig. Nach der US-Schlappe (Menschenrechtskommission) des eher zahmen Powell (Taube) freut sich der aggressive Rumsfeld (Falke) heimlich.

[Gatsby2]

Jaja, Micky, hop oder top -- wird sich bald zeigen. Donald Rumsfelds "Defence Review" kann durchaus auch zu für Lockheed nachteiligen Resultaten führen. Es kristallisiert sich nämlich mittlerweile heraus, daß sich der Fokus der amerikanischen Verteidigungspolitik vom Atlantik auf die pazifische Seite verschieben wird. Hier argumentieren manche, daß die für taktische Kampfflugzeuge notwendigen vorgeschobenen Basen aufgrund der Fortschritte in der chinesischen Raketentechnologie zu anfällig seien. Dies ist natürlich vor allem die Sicht von Northrop Grumman, die der Utopie nachhängen, die Produktion für die B-2 wieder anfahren zu können. Der Wiederaufbau der Produktionsstätten -soweit überhaupt noch möglich- dürfte allerdings erstmal rund 4 Mrd. $ kosten.

Einstweilen gibt es erstmal wieder Nachrichten von der für mich interessantesten Sparte: Kommunikation.

Friday May 18, 7:29 am Eastern Time

Press Release

COMSAT Mobile Communications Announces Inauguration of Advanced Technology COMSAT-A Service

Fully Digital System Permits Faster Call Setup, Higher Quality Data & Voice Communications, Saves Customers Time & Money

BETHESDA, Md.--(BUSINESS WIRE)--May 18, 2001-- COMSAT Mobile Communications (CMC), a business unit of
Lockheed Martin Global Telecommunications (LMGT), today announced the inauguration of enhanced COMSAT-A mobile
satellite service.

CMC`s modernized ``A`` service features a fully digital system, enhanced call quality and data throughput, improved control
processors and software, and advanced Public Switch Telephone Network (PSTN) interconnections.

These latest upgrades offer COMSAT-A customers significant performance advantages including enhanced data transmission,
consistent connections, and improved throughput. COMSAT-A accommodates a full range of data, high-speed data, fax, and
voice communications. This service offers direct Internet access and also can be used with CMC`s new prepaid calling card.

Offering global coverage, CMC`s recent installation of fully digital COMSAT-A systems in both its Southbury, Connecticut, and
Santa Paula, California, land earth stations completes the digital conversion. These new digital systems replace the older, slower
and less reliable analog technology still used by many other mobile satellite service operators.

``CMC`s modernized COMSAT-A service provides customers with faster call setup, enhanced reliability, and improved call
quality and data throughput compared to older analog systems. This investment in our stations will save our customers time and
money,`` said Kathryn Y. Holman, vice president and general manager of COMSAT Mobile Communications.

Additionally, CMC has implemented a new digital Automatic Level Control (ALC) to match the level of the PSTN signal that is
required by the customer`s satellite modem. This software upgrade used with the new digital equipment results in clearer calls and
less time waiting for a connection.

``Our new COMSAT-A service is another demonstration of CMC`s commitment to providing its customers with superior mobile
satellite communications services and features. From the latest technological improvements to personalized customer care,
COMSAT Mobile Communications provides high quality communications solutions for customers on land, at sea, and in the air,``
Holman said.

COMSAT Mobile Communications offers maritime, aeronautical, and land mobile satellite data, high-speed data, Internet access, and voice communications services
to customers worldwide via the Inmarsat satellite system. For additional information on CMC`s portfolio of services call [phone] or [phone] or
on the web at [e-mail].

Lockheed Martin Global Telecommunications, a wholly owned subsidiary of Lockheed Martin Corporation (NYSE:LMT - news), delivers secure, reliable,
advanced-technology solutions to help enterprise customers leverage their telecommunications and information technology assets.

LMGT has annual revenues in excess of $1 billion and employs 4,000 personnel worldwide with major points of presence in North and South America, Europe and
Asia. Additional company information and news releases are available on LMGT`s Internet homepage at http://www.lmgt.com.

Contact:

COMSAT Mobile Communications
Tom Surface, 301/214-3419

[Gatsby2]

Kleiner deal, mit möglicherweise großer Folgewirkung...



http://www.denverpost.com/Stories/0,1002,33%257E35389,00.htm…

Lockheed gets
shuttle-study funds

Firm may be lead contractor for new
NASA craft

By Greg Griffin
Denver Post Business Writer

Friday, May 18, 2001 - NASA awarded Lockheed
Martin Astronautics a $94 million contract Thursday
to begin preliminary studies on a replacement for the
space shuttle.

Astronautics, based in Jefferson County, was one of
20 companies and two universities awarded a total of
$767 million as part of NASA`s Space Launch
Initiative Program. The Boeing Co. and its subsidiary
Rocketdyne received $201 million, Kistler Aerospace
Corp. $135 million and Pratt & Whitney $126 million.

The contractors will develop initial plans for a safer,
more reliable and less costly generation of reusable
launch vehicles, NASA officials said. The technology
is expected to replace the space shuttle by 2010 to
2012, and could also supersede expendable rockets
now used to launch satellites and other unpiloted
spacecraft.

"This is a significant contract for us because we see
this as the future," said Walt Faulconer, who headed
up Lockheed Martin`s proposal team. "Someday the
shuttles are going to be too old to fly, and you need
to come up with a system that`s safer and costs less
to launch."

The contracts awarded Thursday run through 2003,
when NASA will name contractors for preliminary
design and advanced development, Faulconer said. In
2005 or 2006, NASA will make the final selection to
build and launch the new vehicle, he said.

Though Lockheed`s initial research contract is smaller
than Boeing`s, Faulconer said, the companies are
competing for the lead contractor position.

As part of the contracts awarded Thursday,
Lockheed Martin`s team will develop possible designs
for a reusable earth-to-orbit rocket and the
crew-transfer vehicle it would deliver to space. The
vehicles would be used to transport astronauts to
and from the international space station, Lockheed
officials said.

Boeing was awarded a contract to develop
competing technology on the rocket, while another
company, Orbital Sciences, is developing a competing
transfer vehicle. Two other big pieces of the project
are the airframe - the rocket`s reusable fuel tank -
and the engine. Boeing is developing both, in
competition with Northrop/Grumman and Pratt &
Whitney.

The other part of Lockheed Martin`s contract
involves studying risk reduction and efficiency
improvements on various elements of the vehicles,
Faulconer said.

The team will help develop more efficient onboard
power systems, higher-performance rocket fuel,
better computerized monitoring systems and more
sophisticated crew-escape systems, Faulconer said.

NASA has ambitious goals for lowering cost and
improving safety in its manned space program. The
cost of launch for the space shuttle is $10,000 per
pound delivered to orbit by the shuttle. The goal is
$1,000 per pound.

The probability of loss of life on the space shuttle is
one in 250 flights, Faulconer said. The goal is to
reduce that to one in 10,000.

The space shuttle has no escape system for the first
21/2 minutes of flight, while the liquid fuel is burning,
Faulconer said. Lockheed Martin hopes to develop
one, he said.

[Gatsby2]

Das internationale Interesse am JSF scheint doch überaus stark zu sein. ... Micky muß doch noch zahlen.



JSF info Aerotech News and Review

International conference highlights global nature of Lockheed Martin JSF
Business representatives from Canada, Denmark, Italy, The Netherlands, Norway and
Turkey visited Fort Worth May 16 to prospect for potential roles in the Lockheed Martin
Joint Strike Fighter program.
Some 27 major JSF suppliers from the United States and United Kingdom are conducting
private, one-on-one meetings with the international executives to investigate sub-tier
supplier participation in JSF. The program is projected to be one of the largest defense
procurements in history. The discussions are the main focus of the Lockheed Martin JSF
International Business Conference, which runs for three days. Nearly 200 people from
more than 100 companies are participating in the event.
"Deep international participation in JSF was envisioned from the very start, and this
conference is evidence that we`re right on track," said Martin Taylor, director of
subcontract management for the Lockheed Martin JSF program. "Our JSF team already
is an international group, and that global participation will continue to build as the program
evolves."
Taylor is an example of the JSF program`s intercontinental profile. A citizen of Great
Britain, he is employed by the United Kingdom`s BAE Systems, which, along with
Northrop Grumman, is the key strategic partner on the Lockheed Martin JSF team.
BAE Systems is among a large group of U.K.-based companies already involved in the
Lockheed Martin JSF. Businesses from The Netherlands and Italy also will supply
high-tech systems and materials. Other countries` industries are expected to join the team
in coming months.
"We expect this conference will help promote the process of expanding international
participation in the program," Taylor said.
JSF, a next-generation, supersonic stealth fighter, is designed to replace aging fighter
aircraft in the U.S. and U.K., including the A-10, F-14, F-16, F/A-18 and Harrier.
Specific JSF versions are being tailored for the U.S. Air Force, Navy, Marine Corps and
Royal Air Force/Royal Navy. Other allied nations also have signaled their interest in the
aircraft.
Flight testing of Lockheed Martin`s Air Force and Navy JSF demonstrators, the X-35A
and X-35C, have successfully concluded. Testing of the short-takeoff/vertical landing
X-35B, designed to meet Marine Corps and Royal Air Force/Royal Navy requirements, is
proceeding on schedule.

[Gatsby2]

Es ist schon lustig anzusehen, wie die Industrie den guten Mr. Rumsfeld unter Druck setzt. Letzte Woche war allenthalben das Exportargument für den JSF zu hören, und diese Woche eröffnen sie die Runde mit dem Argument "Jobs"...



Sunday May 20 8:51 PM ET

Missile Defense May Not Bring Jobs

By ANDREW BRIDGES, Associated Press Writer

LOS ANGELES (AP) - While pie-in-the-sky to critics, President
Bush (news - web sites)`s missile defense plan could deliver billions
of dollars to a handful of states as the Pentagon (news - web sites)
moves to develop the system.

However, spending on the multifaceted program would create fewer
jobs than other lucrative defense contracts that regularly buoy the
economies of states like California and Texas, analysts say.

Instead of jobs, the money would fund highly focused research and development efforts and later
lead to ``boutique`` production of the small number of aircraft, rockets, lasers, radar and satellites that
would make up the system designed to intercept and destroy incoming missiles.

Although far more advanced technologically, the work would require less labor than more traditional,
large-ticket defense projects, like the production of aircraft, ships or tanks.

``They`re not bending a lot of metal,`` William Hartung, a senior fellow with New York`s World Policy
Institute said about the missile defense program. ``The same amounts of money might not generate
as many jobs as previous defense contracts.``

Nor might the money - perhaps as much as $200 billion over the next few decades - flow to as many
states, since consolidation in the defense industry has left fewer companies positioned to do the
work.

``Where you might have had five choices to send a contract to, and geography might have ruled,
today you might have only two choices,`` said Jon Kutler, chairman and chief executive officer of
Quarterdeck Investment Partners, a Los Angeles investment bank focused on the aerospace and
defense industries.

Hartung said analysis of past missile defense contracts show two-thirds of the work went to just four
firms: The Boeing Co. (NYSE:BA - news), Lockheed Martin, Raytheon Co. (NYSE:RTN - news)
and TRW Inc. (NYSE:TRW - news)

Although all four have facilities scattered throughout the United States, work on developing the
missile defense program is likely to stay highly focused in only a few states. That means politics may
have little to do with where the contracts eventually go.

``I don`t think it`s going to have a lot to do with Republicans or Democrats. There`s going to be a
small number of people who can do it, and they`ll get the contracts,`` said Martin Anderson, a senior
fellow at the Hoover Institute who advised Bush on missile defense during his campaign.

In fiscal 2000, 42 states shared $2.4 billion in unclassified missile defense contracts. However, just
three - Alabama, California and Virginia - captured 83 percent of that total, according to Eagle Eye
Publishers Inc.

``That`s a highly stratified market,`` said Paul Murphy, president of the Fairfax, Va. company, which
crunches government contract data.

Total spending, classified and unclassified, on the program could hit $5 billion this year. That number
could increase in the next several months, when the Bush administration announces how it intends to
proceed with the program, said Pentagon spokesman Lt. Col. Rick Lehner.

Even if annual spending on missile defense doubles, as some predict, it will not necessarily translate
into a net increase in military spending.

``I`d expect there would be some element of a zero-sum game to this: The money you spend on this
program will come at the expense of other programs,`` Quarterdeck`s Kutler said.

If money to fund missile defense should come from the budgets of traditional weapons programs, it
could benefit California, since little of that current work is done in the state.

``Anything that shifts from traditional platforms to space, to electronics, to rockets is probably
advantageous to California,`` said Michael O`Hanlon, a senior fellow with the Brookings Institution in
Washington, D.C.

Even limited amounts of spending could lift the lagging defense industry in Southern California, which
has shed 200,000 workers in Los Angeles and Orange counties alone over the past 15 years.

``You`re not going to create as many jobs, but the jobs you do create will be great jobs,`` said Jack
Kyser, chief economist for the nonprofit Los Angeles County Economic Development Corp.

[Micky_Maus]

Als ich beim Mittagessen einen Blick auf den Kurs der völlig aufgeblasenen LMT-Aktie warf, blieb mir der Bissen fast im Halse stecken. Die 40$ sind jetzt fast erreicht.

Interessant ist aber auch Loral Space & Communications:

ein von beiden Seiten nicht kommentiertes Gerücht besagt, dass Lockheed Martin Corp. an einer Aquisition von Loral interessiert sei und 7,5 $ je share bezahlen will. (Quelle: http://www.quote.com/quotecom/news/story.asp?symbols=LOR&sto…)

Loral selbst sieht sich nach dem Globalstar-Desaster übermäßig im Kurs bestraft. Der faire Wert sei nach einer Studie von C.E. Unterberg, Towbin, Mitglied der National Assosiation Of Securities Dealers, bei 9$ je share, was eine Aufstufung nach Strong Buy (zuvor Buy) nach sich zieht. Ein Contract mit LMT könnte LOR einen Batzen Geld in die Kasse spülen. Interessante Disskussionen im Board von http://www.ragingbull.lycos.com

Einen Thread zu Loral wäre sehr interessant, zu Kursen von 1-2$ hatte ich das schon mal angeregt. Die Ehre gebührt aber Gatsby, dem Spezialisten in Sachen Rüstung, Raumfahrt & Satelliten.

[Gatsby2]

Micky,

nettes post, und vielen Dank für die Komplimente.

Über einen Merger von LOR und LMT haben schon viele nachgedacht, und die Meinungen sind sehr gespalten.
Das zentrale Problem liegt in der Auftragslage im Satellitengeschäft. Dort herrscht nämlich absolute Flaute, und so liegen die Kapazitäten von Lockheed in Orlando, FL nahezu still. Warum also sollte Lockheed sich weitere Kapazitäten dazuerwerben?

Es mag eine Finte gewesen sein, aber auf einer der letzten Präsentationen sagte Vance Coffman, CEO von Lockheed, wörtlich: "Die Zukunft von Lockheed Martin liegt sicher nicht im Raumfahrtsektor."



Ach ja, Nachrichten gab es auch noch, wenn auch nichts weltbewegendes:

Tuesday May 22, 10:30 am Eastern Time

Press Release

Lockheed Martin Training Awarded MILES XXI Contract Worth Over $400 Million

U.S. Army will receive new laser simulation equipment for various
infantry weapons and fighting vehicles

ORLANDO, Fla.--(BUSINESS WIRE)--May 22, 2001-- Lockheed Martin Information
Systems (NYSE:LMT - news) this week was awarded the U.S. Army`s Multiple Integrated
Laser Engagement Systems XXI, or MILES XXI, task order to produce and field laser based
training systems for live force-on-force training.

MILES XXI is a family of infantry, vehicle, anti-tank and independent target systems tested
and proved in the field by the armed forces of numerous countries. The laser training system
furnishes real-time feedback on the result of weapon engagements so players can duplicate the
stress and lethality of actual combat in a variety of battle scenarios.

The initial $13 million contract award for low rate initial production is the first phase of a
multi-year production contract that, with all options exercised, has potential of exceeding $400
million. The current task order was awarded under the U.S. Army`s Simulation, Training and
Instrumentation Command (STRICOM) Omnibus Contract for live domain training.

``Our MILES XXI training system is compatible with existing and fielded MILES equipment
and is supportable and upgradeable to replace basic MILES equipment as rapidly as possible,``
said Lockheed Martin Information Systems President John Hallal. ``MILES XXI technology
provides a total live training system that is the most cost effective and most versatile in the
world today.``

Lockheed Martin`s MILES XXI is based on Information Systems` previously fielded 3rd
Generation MILES systems and the Advanced MILES Plus systems produced by Schwartz
Electro-Optics, Lockheed Martin`s MILES XXI teammate.

Work on the new laser training system will take place in Lockheed Martin Information
Systems` and Schwartz Electro-Optics` facilities in Orlando and Lockheed Martin`s facilities in
La Mesa, Mexico. Lockheed Martin Information Systems is the lead operating company within
the virtual Lockheed Martin Training line of business.

``This gives us a solid business base to really move the company forward and successfully
implement our strategic plan,`` said Schwartz Electro Optics President of Orlando Operations Jeffrey Saunders. ``We are excited
to have the opportunity to partner with Lockheed Martin.``

Enhanced features of MILES XXI include a 50 percent weight reduction, smaller components, longer battery life, lower production
costs, and reduced system maintenance from previous versions. The advanced devices are interoperable with previous
configurations of MILES and are upgradeable for instrumented use at Combat Training Centers and with precision-gunnery
configurations.

Lockheed Martin Training provides design, development, installation, operation and integration of training and simulation systems
for global defense, civil, and commercial markets.

Headquartered in Bethesda, Maryland, Lockheed Martin is a global enterprise principally engaged in the research, design,
development, manufacture and integration of advanced-technology systems, products and services. The Corporation`s core
businesses are systems integration, space, aeronautics, and technology services.

For photos and additional information visit our website: http://www.lockheedmartin.com/lmis

Contact:

Lockheed Martin
Mike Mulleavey, 407/306-1730
e-mail, [e-mail]

[Gatsby2]

Beim Auftragsvolumen haben sich die Autoren wohl ein wenig vertan. Es sei denn sie meinten $200 mio. allein an Entwicklungskosten.

$40 here we come!



Thursday May 24, 5:53 am Eastern Time

FAA picks Lockheed to build system - WSJ

NEW YORK, May 24 (Reuters) - The U.S. Federal Aviation Administration has chosen U.S.
aerospace group Lockheed Martin Corp. (NYSE:LMT - news) to develop a satellite-based air
traffic system, the Wall Street Journal reported in its online edition on Thursday.

The cost and timing of the fixed-price contract, which will be signed in June,
are still being negotiated. But the newspaper said, citing people familiar with
the project, it will run to about $200 million and take about two years to
complete.

The Advanced Technologies and Oceanic Procedures system should enable
controllers to reduce separation between airplanes and provide routings that
can cut fuel costs, it said.

The system will be installed in the FAA`s Oakland, Calif., New York and
Anchorage, Alaska, air-traffic centers, which together oversee about 23
million square miles of oceanic airspace, the newspaper said.

Currently, planes flying on the major routes over the Pacific Ocean are kept
as far as 100 miles apart, the report noted. Controllers use strips of paper to
track airplanes, plotting each flight`s progress on a sheet of Plexiglass, as
pilots radio in at specific checkpoints, the newspaper said.

The new system is designed to enable controllers to know precisely where the airplanes are and to change routing if wind and
weather conditions are favorable elsewhere, the newspaper reported.

Shares of Lockheed closed Wednesday at $39.

[Gatsby2]

Oder vielleicht kommen die $40 doch nicht? ... Es wäre sehr unschön, wenn die Finanzierung von Astrolink platzen würde...



Lockheed`s Astrolink Venture Falls $2.4 Bln Short (Update3)

5/23/01 12:54 PM
Source: Bloomberg News


Bethesda, Maryland, May 23 (Bloomberg) -- Lockheed Martin Corp.`s Astrolink venture has raised
little more than a third of the $3.7 billion needed to get its satellite Internet service off the ground
and is asking early investors for more money.

Lockheed Martin, Liberty Media Corp., Telecom Italia SpA and TRW Inc. have promised $1.33
billion to the project, Lockheed said in a Securities and Exchange Commission filing. Astrolink still
needs $2.4 billion to complete its planned nine-satellite system and is in talks with those
companies and with unnamed investors.

``It`s going to be very hard for them to raise money in this market,`` said Robert Friedman, an analyst
with Standard & Poor`s Corp., who has a ``hold`` rating on Lockheed Martin shares.

Astrolink, based in Bethesda, Maryland, hasn`t attracted new investors since October 1999,
and competing ventures already have begun service using existing satellites. The company won`t
say how many customers it expects to have, nor will it discuss the January resignation
of Chief Executive Celso Azevedo.

``We have a strong management
team and a board that`s running things,`` Chief Financial Officer Margarita Dilley said. Astrolink is
searching for a new CEO, she said.

Shares of Lockheed Martin fell 8 cents to $39.17 in late trading. They had risen 56 percent in the
past year while the Standard & Poor`s 500 index fell 4.7 percent.

Investor Commitment

Timing is an issue, analysts said. Prices for wireless services have been dropping, demand for
high-speed Internet access isn`t increasing as fast as some investors had hoped, and
satellite-based providers have underestimated the appeal of ground- based services, analysts said.
``Investors are extremely cautious now about ambitious (satellite) telecom ventures,`` said Roger
Rusch, president of consultant firm TelAstra Inc. Sales projections ``have been wildly optimistic in
the past.``

Lockheed Martin, the largest defense contractor, created Astrolink in 1999 and persuaded Liberty
Media, Telecom Italia and TRW to invest hundreds of millions of dollars. The venture plans to
launch its first satellite in early 2003 and to begin offering high-speed Internet services to
businesses and the government later that year. Astrolink originally planned for a 2002 launch.

``It has big financial challenges and that`s what holding them back,`` Salomon Smith Barney analyst
Armand Musey said.

Liberty Media, the cable-television programming arm of New York-based AT&T Corp., was the
most recent investor. It agreed to pay $425 million for a 32 percent stake.

Englewood, Colorado-based Liberty Media declined to comment.

Investors have stayed away from Astrolink because satellite- based Internet ventures have yet to
produce significant revenue, analysts said.

``The probability is high that (Astrolink) won`t make money,`` Standard & Poor`s Friedman said.

So Far, So Good

Lockheed, which has pledged $400 million for the venture, invested $86 million last quarter and
plans to spend $56 million in the next six months. It owns a 31 percent stake and has contracts to
build the satellites and to help launch them. Lockheed`s Global Telecommunications unit may
invest more money, spokesman Morgan Broman said.

``(Lockheed) is fully committed to Astrolink and are fully satisfied with progress to date,`` Broman
said. ``We need to see how it goes,`` before deciding on additional investments.

TRW`s space and electronics business is making the switches and controls for the satellites. The
Cleveland-based company, which has a 19 percent stake, said in an April regulatory filing that
first-quarter profit was reduced by its investment in Astrolink and another company.

TRW spokesman Jay McCaffrey said Astrolink is meeting its timetables. He wouldn`t comment on
TRW`s future involvement in the venture.

Telecom Italia`s Telespazio unit also owns 19 percent of the venture and is supplying the
ground-control system. Italy`s biggest telephone company will sell services in Europe and Latin
America. Telecom Italia declined to comment on its investment.

Teledesic LLC has been trying to launch a similar service for about a decade. The costs for its
``Internet-in-the-Sky`` project were once estimated to be as much as $10 billion.

The venture, backed by billionaire Craig McCaw, Microsoft Corp. Chairman Bill Gates and Motorola
Inc., has scaled back its original plans and recently bought cash-strapped ICO Global
Communications Ltd. The company said in September it would need $2.8 billion to start service in
2003.

More Competition

Astrolink will compete with Hughes Electronics Corp.`s Spaceway division, which expects to begin
service in 2003, and with Wildblue Communications Inc., Lehman Brothers analyst William Kidd
said.

``Wildblue is the right approach to broadband (and) Spaceway has all elements in place -- great
technology and investors,`` Kidd said.

Denver-based Wildblue plans to start its network in early 2002. The company, which is backed by
EchoStar Communications Corp. and Liberty Media, shelved plans in March to raise as much as
$220 million through an initial share sale.

Cost of Service

StarBand Communications, a venture of EchoStar, Microsoft Corp. and Israel`s Gilat Satellite
Networks Inc., canceled plans to go public last month. McLean, Virginia-based StarBand, which
already has started selling the service, had raised $126 million from investors.

EarthLink Inc., one of the largest U.S. Internet service providers, began offering its 4.8 million
customers high-speed access using Hughes` DirecPC satellite system this month. The service
costs $69.95 a month.

The cost of Astrolink`s basic service will be comparable to what Verizon Communications Inc.
charges businesses for fast Internet service over phone lines, said Joe Bergera, an Astrolink senior
vice president. He wouldn`t elaborate further. Verizon, the largest U.S. local-telephone company,
charges $59.95 to $204.95 a month.

[Gatsby2]

Die PR-Abteilung von Lockheed hat heute wohl einiges zu tun.

Mittlerweile kam die Nachricht dazu, daß sich Lockheed ebenso wie Boeing, Dassault und EADS aus der Ausschreibung für neue Jets in Tschechien zurückgezogen hat. Angeblich wurden die Ausschreibungsbedingungen von allen Beteiligten als etwas schikanös empfunden. Im Artikel wird angedeutet, daß die Bewerber sich an der zwingend vorgeschriebenen Abrechnung in Tschechischen Kronen gestört hätten, ich könnte mir aber eher vorstellen, daß der Deal an überzogenen tschechischen Forderungen nach Kompensationsgeschäften gescheitert ist.

http://biz.yahoo.com/rf/010524/l24161008_2.html

Wichtiger ist allerdings die Ankündigung eines Joint-Ventures mit Microsoft, um zukünftige Regierungsaufträge im Bereich Software und Systemintegration effizienter anbieten zu können.

http://biz.yahoo.com/prnews/010524/dcth014.html

Thursday May 24, 9:01 am Eastern Time

Press Release

SOURCE: Lockheed Martin

Lockheed Martin, Microsoft Form Alliance Focused on U.S. Government Market

BETHESDA, Md., and WASHINGTON, May 24 /PRNewswire/ -- Lockheed Martin Corporation (NYSE: LMT - news) and
Microsoft Corporation (Nasdaq: MSFT - news) today announced the formation of a strategic alliance to collaboratively pursue
new business opportunities in the federal information technology market.

``The alliance enables government agencies to draw on the combined expertise of the foremost federal systems integrator and the
world leader in business software and Internet connectivity,`` said Robert B. Coutts, Executive Vice President of Lockheed
Martin`s Systems Integration business area. ``This alliance positions our companies to deliver unparalleled, integrated services to
customers, providing greater efficiency in operations and enhanced service to citizens.``

The alliance builds on existing relationships between Lockheed Martin and Microsoft on projects including the U.S. Air Force
Integrated Space Command and Control (ISC2) program, a comprehensive upgrade of the North American Air Defense
(NORAD) Cheyenne Mountain Complex; the integrated warfare system for the U.S. Navy`s next nuclear-powered aircraft carrier,
CVN 77; the Global Command Support System-Air Force; and the U.S. Defense Department`s Defense Messaging System. The
companies also are members of the Blue Team, which is competing for the Navy`s next-generation land attack destroyer, DD 21,
and are collaborating on development of new products and services to link mail processing and information technology.

``This alliance is a win-win for both companies and the U.S. government customers we serve,`` said Pete Hayes, Vice President,
Microsoft Government. ``As our customers increasingly seek commercial off-the-shelf technologies for their complex systems
requirements, this alliance enables Microsoft and Lockheed Martin to offer technically proven, cost-effective solutions to U.S.
military and civil government agencies.``

Under their agreement, Lockheed Martin and Microsoft will work cooperatively to identify and pursue new business opportunities
in the federal marketplace, principally involving information technology programs. The companies will establish cross-functional
business development and technology teams to focus their core competencies on existing and emerging opportunities, identify
process improvements and exchange best practices.

Lockheed Martin will concentrate initially on deployment of Microsoft technology in three areas:

* Windows Distributed interNet Architecture (Windows DNA) 2000, the next
generation of the Microsoft platform for building distributed Web
applications;

* Visual Development Environment, which supports increased developer
productivity by bringing together all the tools necessary to build and
manage a Web application within a single work space; and

* Information Assurance, to ensure solutions are compliant with key
federal cryptographic standards important to the protection of U.S.
government communications.


The alliance agreement also provides for the two companies to jointly develop new business proposals, and to train and certify Lockheed Martin technical personnel
as Microsoft Certified System Engineers and Microsoft Certified Solution Developers.

Each of Lockheed Martin`s four principal business areas -- aeronautics, space, systems integration and technology services -- will have access to Microsoft
technologies and products under terms of the alliance agreement. Systems Integration -- with a customer base spanning all of the U.S. military services and civil
government agencies including the Departments of Commerce, Justice, Transportation and Treasury -- will lead the relationship. Nearly $18 billion of Lockheed
Martin`s $25.3 billion in 2000 sales were to the U.S. government.

``Given the desire of federal agencies to rapidly move toward an e-commerce model, Lockheed Martin and Microsoft together can provide advanced solutions that
enable multiple systems to operate seamlessly in a highly secure fashion,`` Coutts said.

Headquartered in Bethesda, Maryland, Lockheed Martin is a global enterprise principally engaged in the research, design, development, manufacture and integration
of advanced technology systems, products and services. For additional information, visit the Lockheed Martin website at http://www.lockheedmartin.com .

Microsoft Government, based in Washington, D.C., provides software, services and Internet technologies for federal, state and local government customers
worldwide. For additional information, visit http://www.microsoft.com/government/ .

Microsoft® and Windows® are either registered trademarks or trademarks of Microsoft Corp. in the United States and/or other countries.

SOURCE: Lockheed Martin

[Gatsby2]

Schön zu hören, daß die Chilenen doch an dem Kauf festhalten wollen. Der zwischen den Regierungen gefundene Kompromiß hinsichtlich der Bewaffnung scheint wohl tragfähig zu sein.



Thursday May 24, 5:49 pm Eastern Time

Chile still planning to buy U.S. F-16s - minister

By Charles Aldinger

WASHINGTON, May 24 (Reuters) - Chile`s defense minister said on Thursday his country intended to complete a contract to
buy U.S F-16 fighter jets by early next year, a package which the Pentagon said would not include sophisticated missiles.

``We are now at a very, very early stage. In fact, it`s a very political stage,``
Defense Minister Mario Fernandez told reporters of the proposed $600
million sale of 10 jets during a news conference with Defense Secretary
Donald Rumsfeld.

``We believe that the contract is something that we will have under way by
the end of the year or early next year,`` Fernandez added of talks between
Chile and Lockheed Martin Corp. (NYSE:LMT - news). ``All the technical
details will be coming up later when we negotiate the contract.``

Navy Rear Adm. Craig Quigley, a Pentagon spokesman declined to discuss
details of the plan except to tell reporters that the United States would not
transfer ``AMRAAM`` advanced, medium-range, air-to-air missiles to Latin
America unless they were first introduced there by another country.

Fernandez told reporters that Chile had never formally asked for such
missiles despite published reports that the Chilean military wanted the weapons.

A group of Democratic U.S. senators this week withdrew their opposition to the proposed jet sale when the administration made
clear it did not plan to introduce advanced missiles into Latin America as part of the package.

VERY ADVANCED WARPLANES

The F-16, built by Lockheed Martin Corp. (NYSE:LMT - news), is one of the world`s most advanced warplanes and is capable of
launching the radar-guided AMRAAM against other aircraft. The accurate ``fire-and-forget`` missile can be launched by pilots
long before enemy warplanes are in visual range.

There was no immediate indication whether the jets might be equipped with advanced electronic targeting and navigation pods or
extended-range fuel tanks and the ability for air-to-air refueling.

The jets would give Chile one of the most advanced military air arms in the region, but U.S. defense officials pointed out Chile and
its neighbors, notably Argentina, have vastly improved bilateral and regional ties in recent years.

The U.S. government cut off the sale of sophisticated weapons to Latin America more than 20 years ago, but President Bill
Clinton lifted that ban when Chile sought to buy the F-16s.

The Clinton White House said that such decisions would henceforth be made on a case-by-case basis based on the legitimate
defensive needs of democracies in the region.

Democratic Sen. Christopher Dodd of Connecticut this week withdrew his opposition to the proposed F-16 sale and praised the
White House for its decision to continue to promote peace and stability in the Western Hemisphere by refusing to sell the
AMRAAMS to Santiago.

Dodd and several other Democrats had asked President George W. Bush not to include sophisticated military technology in the
fighter sale because introduction of the AMRAAM could spark an arms race in the region.

[Gatsby2]

Nach vielen Nachrichten heute sollte die wichtigste noch einmal nach oben kommen.

Ohne hier das in keiner Nachricht erwähnte Stichwort "Teledesic" zu erwähnen, ist diese Kooperationsvereinbarung wohl ein Meilenstein, der in den nächsten Tagen auch an der Börse gewürdigt werden wird.





Microsoft, Lockheed Form Alliance

By ALLISON LINN
May 24, 2001

SEATTLE (AP) - Microsoft Corp. and Lockheed Martin Corp. announced an alliance
Thursday aimed at securing government contracts for such projects as secure e-mail and
e-commerce.

The companies will form a team of several dozen people, who will learn more about each
other`s technology and identify possible projects, said Pete Harrigan, spokesman for
Lockheed Martin of Bethesda, Md. "There really is not a financial part to this deal,"
Harrigan said. "We`re simply agreeing to work together."

Lockheed Martin and Microsoft, based in suburban Redmond, have already collaborated
on U.S. government defense projects including software for the Navy`s next
nuclear-powered aircraft carrier and a secure messaging system for the Defense
Department.

"We have worked on a number of programs going back five or more years, and as a
result decided to formalize our business relationship," Harrigan said.

The two companies also are part of a team led by General Dynamics that is bidding on a
contract for the U.S. Navy`s next-generation destroyer.

The agreement does not give Lockheed Martin access to Microsoft`s source code, the
blueprint for its popular software programs. The software giant is notoriously secretive
about its source code, although company executives recently said Microsoft would make
its code available to some business partners.

Shares in Lockheed Martin were down 80 cents at $38.20 in trading on the New York
Stock Exchange. Shares in Microsoft were up 88 cents at $70.58 in afternoon trading on
the Nasdaq Stock Market.

[Gatsby2]

Da sich für diese seltsame Aktie ohnehin niemand interessiert, kann ich mir diese kleine Randbemerkung wahrscheinlich auch sparen:

The Air Force is modifying a contract with Lockheed Martin Corp., Lockheed Martin
Aeronautical Systems Co., Marietta, Ga. This action provides for Investment in
Producibility Improvement Program (PIP). These projects will reduce the cost of F-22
aircraft. Lockheed Martin will perform this effort in Marietta, Ga. Aeronautical Systems
Center, Wright-Patterson Air Force Base, Ohio, is the contract activity
(F33657-97-C-0030, P00026)

[Micky_Maus]

@Gatsby,

nur nicht resignieren! Die Anzahl der Teilnehmer an einem Thread spricht nicht unbedingt für eine Aktie. Das Gegenteil ist der Fall, denn der Kenner schweigt und genießt (den Kursanstieg). Bei der Metabox-Aktie haben mindestens 1000 verschiedene Leser miteinander diskutiert, was übrig blieb, ist z.Zt. etwa ein halber Euro Kurswert.

Momentan habe ich wieder etwas Luft zum Verschnaufen, bevor ich das Essen zahlen muß. Schönes Wochenende!

[Gatsby2]

@Micky

Von Resignation bin ich weit entfernt. Das Gegenteil träfe eher zu, denn ich glaube, daß ich jetzt gut genug positioniert bin, um Lockheed erforderlichenfalls jederzeit steuerfrei verkaufen zu können, ohne langfristig darauf verzichten zu müssen.

Metabox? Nun ja... Bei Verlusten zetern die Leute naturgemäß ein wenig mehr, als sonst. "The Day After" war bei Gigabell genauso schön, wie bei Holzmann. Langsam stehe ich wirklich auf Bauunternehmen.

[Micky_Maus]

@Gatsby,

wir kommen ein wenig vom Thema (Lockheed Martin Corp.) ab, aber das schadet ja nicht. Die einzige Neue Markt-Aktie, die ich hatte, war SCM Microsystems, zum Glück schon längere Zeit verkauft. Apropos Bauunternehmen, einige Hochtief sind noch in meinem Depot, trotz düsterer Prognosen ganz gut gelaufen. Mein letztes Ding war Iomega, Thread: Was gibt`s neues bei Iomega.

Generell meine ich, dass die US-Märkte schon wieder zu weit vor gelaufen sind und ein Kursrückgang folgen wird. Die Gewinnwarnung-Saison fürs 2.Quartal ist gerade angelaufen und selbst Greenspan sieht eine breite Erholung erst zum Ende des Jahres. Sein Pulver (Zinssenkung) hat der gute Mann freilich schon verschossen.

Der hohe Dollarkurs tut ein übriges, daher sind nun erst mal Gewinnmitnahmen angesagt, sofern Gewinne vorhanden sind.

[Micky_Maus]

5-Tage-Vorhersage von http://www.tradetrek.com lautet etwas schwächer, Kursziel bis zum Freitag etwa 37,50$.

6-Monats-Vorhersage aber über 60$ !!Was soll man davon halten, ob das stimmt??

[Gatsby2]

@Micky

Klare Sache!! Tradetrek glaub` ich alles, denn es gibt einfach keine bessere Voraussage als die schlichte Hochrechnung.

Naja, Spaß beiseite: es gibt Voraussagen von $65 auf Sicht von etwa 15 Monaten, aber dazu müssen allerlei "Falls" erfüllt werden. Falls die FAA... wird sie wohl. Falls die F-22... wird sie wohl. Falls der JSF... wird er wohl, aber wohl kaum in der derzeit geplanten Stückzahl, und wer weiß von wem. Und falls die Sache mit LMGT... ja, falls!

Ich wünsch` Dir `ne schöne Woche.

;<)

[Gatsby2]

Uh oh, da wird sich Raytheon aber ärgern. Für das "Versagen" der seinerzeit noch von ihnen gebauten Patriot im Golfkonflikt haben sie sich hinterher heftig kritisieren lassen müssen. Sehr zu Unrecht, denn für die Aufgaben, für die die Patriot in Israel eingesetzt wurde, war sie gar nicht ausgelegt....

Und jetzt heimst Lockheed für das Nachfolgermodell sogar noch die Preise ein.

Tuesday May 29, 4:17 pm Eastern Time

Press Release

SOURCE: Lockheed Martin Missiles and Fire Control

Lockheed Martin`s PAC-3 Missile Wins Prestigious Daedalian`s Award

DALLAS, May 29 /PRNewswire/ -- The Patriot Advanced Capability (PAC-3) Missile, produced by Lockheed Martin Missiles
and Fire Control, has won the Daedalian`s Weapons System Award, the Colonel Franklin C. Wolfe Memorial Trophy for 2000.
The award was presented at the annual Daedalian Convention on May 23, 2001, in Las Vegas, N.V.

The Daedalian`s trophy is presented annual to individuals, groups or organizations judged to have contributed the most outstanding
weapons system development which operates, in whole or in part, in the aerospace environment. The recipients are selected by
the individual services from nominations submitted by the Department of the Army, the Navy, and the Air Force, and the award is
made on a rotational basis and in that order.

The donor of this trophy, the late Colonel Franklin C. Wolfe, served as Assistant Chief and then Chief of the Armament
Laboratory of the Army Air Forces Materiel Command at Wright Field, Ohio, from 1939 until his retirement in 1944.

This significant honor is a tribute to the fine men and women of the combined government/industry team responsible for the many
successes associated with the PAC-3 ground system and PAC-3 missile.

In February 2000, the PAC-3 Missile won the Aerospace Industry Award 2000 for the Space and Missiles category. Flight
International magazine sponsored that competition. Lockheed Martin Missiles and Fire Control`s Orlando-based unit won the
Daedalian`s Award in 1997 for the Longbow Hellfire Anti-Tank Missile Systems, in 1994 for the Javelin Anti-Tank Missile
Project, and in 1987 for the Low Altitude Navigation & Targeting Infrared for Night Systems (LANTIRN) program.

Lockheed Martin Missiles and Fire Control is the prime contractor responsible for the PAC-3 Missile segment upgrade to the
Patriot air defense system, which consists of the PAC-3 Missile, the missile canisters, the Fire Solution Computer and the
Enhanced Launcher Electronics System.

The PAC-3 Missile has now had nine consecutive successful engineering and manufacturing development (EMD) test flights
since 1997. The first two EMD missions were successfully conducted with special instrumentation packages in place of the full-up
PAC-3 Missile seeker. The missions were structured to verify critical systems and missile performance prior to conducting target
intercept flight tests.

The first PAC-3 Missile target intercept flight was on March 15, 1999. The second followed on September 16, 1999, with the third
intercept of a TBM on February 5, 2000. Two successful cruise missile intercepts, on July 22 and 28, 2000, proved conclusively
the PAC-3 Missile`s ability to detect and destroy low-flying cruise missiles. The sixth successful intercept occurred on October 14,
2000, when the PAC-3 Missile intercepted and destroyed an incoming TBM target. The seventh intercept was on March 31, 2001,
when a PAC- 3 destroyed another TBM target.

The PAC-3 Missile entered Low-Rate Initial Production (LRIP) in December 1999, with two follow-on LRIP contract in calendar
year 2000. Several contracts for special hardware and long lead-time items have also been awarded to Lockheed Martin Missiles
and Fire Control since the beginning of the LRIP phase of the program. Initial fielding of the PAC-3 Missile is planned for later
this year.

In addition to the nine successful PAC-3 Missile flight tests, the PAC-3`s predecessor missile, the Extended-Range Interceptor,
demonstrated three hits in a row during the demonstration/validation program in 1994. Two of those tests involved TBM targets
and one involved an air-breathing target (simulating a cruise missile or aircraft).

The PAC-3 Missile is a high velocity, hit-to-kill missile and is the next generation Patriot missile being developed to provide
increased capability against advanced theater ballistic missile, cruise missile and hostile aircraft. The PAC-3 Missile kills incoming
targets by direct, body-to-body impact. The PAC-3 Missiles, when deployed in a Patriot battery, will significantly increase the
Patriot system`s firepower, since 16 PAC-3 Missiles load-out on a Patriot launcher, compared with four of the old Patriot missiles.

Located in Dallas, Tex.; Orlando, Fla.; and Sunnyvale, Calif., Lockheed Martin Missiles and Fire Control develops, manufactures
and supports advanced combat, missile, rocket and space systems. The company is organized in seven program/mission areas:
Strike Weapons, Air Defense, Anti-Armor, Naval Munitions, Fire Control and Sensors, Fire Support and Product Development

Headquartered in Bethesda, Maryland, Lockheed Martin (NYSE: LMT - news) is a global enterprise principally engaged in the
research, design, development, manufacture and integration of advanced-technology systems, products and services. The
Corporation`s core businesses are systems integration, space, aeronautics and technology services.

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

SOURCE: Lockheed Martin Missiles and Fire Control

[Gatsby2]

Abgesehen davon, daß bei Lockheed gestern wieder Dividendenstichtag war, gab es auch Nachrichten. Die Navy gab die schon seit längerem befürchtete Verzögerung in dem Programm für die Neubeschaffung von Lenkwaffenzerstörern der nächsten Generation bekannt.

Thursday May 31, 7:43 pm Eastern Time

US Navy announces delay in destroyer program

(UPDATE: Adds quotes, background)

By Charles Aldinger

WASHINGTON, May 31 (Reuters) - The U.S. Navy announced on Thursday that it was
delaying the selection of a team of defense firms to build its new DD-21 destroyers at a planned cost of $25 billion.

The Navy had been scheduled to choose one of two competing teams next
month to build as many as 32 of the revolutionary ships, expected to be
powered by electric drive engines, carry smaller crews and pack
sophisticated weaponry .

But the Navy said on Thursday it was putting off its ``source selection``
decision until at least later this year while Defense Secretary Donald
Rumsfeld continued to conduct major studies on U.S. military strategy and
the need for new weaponry after the Cold War.

The two defense teams, one headed by General Dynamics Corp.`s
(NYSE:GD - news) Bath Iron Works Shipyard and Lockheed Martin Corp.
(NYSE:LMT - news) and the other by Raytheon Co. (NYSE:RTN - news)
and Litton Ingalls Shipbuilding, owned by Northrop Grumman (NYSE:NOC
- news), were supposed to make their ``best and final`` contract proposals to
the Navy next week.

Those proposals will now be delayed until further notice.

``A SIGNIFICANT MILESTONE``

``This is a significant program approaching a significant milestone,`` said Navy Undersecretary Robert Pirie Jr. in announcing the
delay.

``As we continue to look at how the Navy will be shaped in the 21st century by participating in the ongoing reviews, it is only
prudent to ensure DD-21 reflects the results of those reviews.``

In addition to Rumsfeld`s strategy and other studies, the reviews include the Pentagon`s Quadrennial Defense Review due in
September and a recently-begin study of future Navy shipbuilding needs by the Pentagon`s acquisition and technology office.

A number of other major planned U.S. arms programs, including expensive fighter and attack jets, are currently hanging in the
balance while the studies are going on.

The Navy announced last year that it intended to use revolutionary ``electric drive`` in the fleet of stealthy DD-21s.

The warships would still use a diesel or turbine engine, but it would both propel the DD-21 and generate electric power, unlike
current warships which have bulky separate engines for movement and electricity.

Additional electric power would become readily available under the system and could be used for a range of new weapons
including powerful electric guns, still only a drawing-board dream.

[Gatsby2]

Colombia: Comsat tunes in to the Net
Friday, June 1, 2001 09:01:33 AM - SOUTH AMERICAN BUSINESS
INFORMATION




Colombia, May 31, 2001 (Portafolio/SABI via COMTEX) -- Colombian communications
services provision subsidiary Comsat Colombian predicts 2001 growth of 25% (it
grew 20% in 2000) based on Internet business expansion through the development
of VPNs (virtual private networks). Comsat, owned by Lockheed Martin, believes
that the VPNs will reduce companies` costs and improve their internal
communications. Comsat Colombia will unveil a Data Center in early 2002 to take
the strain off the Orlando, USA, centre of its parent company. First quarter
sales rose 9%. Its revenues stem 40% from (the oil) industry, 30% from the
financial sector, 20% from telecoms and 10% from other operations involving
commerce, government and services. Comsat Colombia functions in 11 Colombian
cities using ISA`s fibre optics network. Colombian activities make up 18% of
Comsat`s Latin American operations.

[Gatsby2]

Wie schön:

Satellite Internet access on the rise
Jun 01 2001: The worldwide market for Internet access via satellite continued to grow
steadily last year.

According to a recent report from UK-based DTT Consulting, this market grew by 56
percent between January 2000 and April 2001.

The most frequent application of Internet delivery via satellite is the provision of ISP
links, according to the report, and this application has proved particularly popular in rural
parts of Eastern Europe.

Only 7 percent of the satellite Internet connections established so far have been two-way
broadband connections but DTT Consulting predicts this proportion will rise as delays
continue in the rollout of fibre-based broadband services
http://www.nua.ie/surveys/?f=VS&art_id=905356829&rel=true

[Gatsby2]

Nächtliches Lesen bildet manchmal doch ein bißchen weiter. Und das will ich Euch natürlich auch keinesfalls vorenthalten.

Aviation Week hatte ein sehr interessantes Feature über den Stand der Dinge bei den unbemannten Kampfflugzeugen:


AvWeek: Stealthy UAVs Snag Rumsfeld`s
Attention

By David A. Fulghum/Aviation Week & Space
Technology

01-Jun-2001 1:14 PM U.S. EDT

The Bush Administration will be asked to come up with $2.5-5 billion in new defense funding to back up its declared advocacy for unmanned airborne intelligence-gathering technologies.

In the immediate aftermath of the long-term inspection of a Navy EP-3 aircraft by China`s intelligence organizations, Defense Secretary Donald Rumsfeld called a classified, all-day session of those with senior-level responsibilities for "Sensitive Reconnaissance Operations." SRO, which require approval by the Joint Chiefs of Staff, involve collection of imagery, signals (sigint) or measurements and signature (masint) intelligence where personnel might be endangered or an incident involving the aircraft might cause serious international repercussions.

Participants included the Joint Staff`s intelligence chief, representatives of the national intelligence agencies and some of the Pentagon`s senior civilian leadership. Unlike national missile defense, another pillar of the Administration`s defense plan, intelligence-gathering is universally embraced by the Pentagon and service planners. They see it as a major component for finding, identifying and destroying mobile and moving targets--a touchstone capability for winning future wars using ever smaller U.S. forces.

THE DISCUSSION FOCUSED on how to avoid future embarrassing and damaging losses of classified equipment, documents or aircrews to midair collisions, attacks and capture. However, participants urged there be no reduction in the U.S. ability to monitor the military forces and capabilities of important countries like China.

The leading option is to start a new, stealthy, unmanned reconnaissance program that would field 12-24 aircraft. The plan, if approved, would eerily reflect a Pentagon decision made 32 years ago after a Navy EC-121 signals intelligence (sigint) gathering aircraft was shot down by North Korean fighters on Apr. 15, 1969. Soon after, the intelligence community and Ryan Aeronautical developed the "Combat Dawn" unmanned, high-altitude (more than 65,000 ft.) sigint aircraft. Nineteen of them flew from 1970 through 1975, primarily from Osan AB, South Korea, to monitor North Korea, China and North Vietnam from routes along the coast of the South China Sea. After the Vietnam war, Combat Dawn, like other reconnaissance UAV programs, was killed.

The new, stealthy, long-range UAV program would cost around $1.5 billion in new money to develop, a reconnaissance specialist suggested. A second Pentagon official, long involved in UAV programs, said additional costs for production and payloads would amount to $1.5-3.5 billion over 5-6 years, depending on the degree of stealth required. Cost could be lowered if the schedule were shortened.

The minimum operational need would be for about a dozen aircraft. If it met the requirements of the classified Tier-3 UAV, which was canceled soon after the 1990-91 Persian Gulf war for high cost, the aircraft could cost as much as $200 million each. These aircraft offered a 1-1.5-ton payload, operated at altitudes of around 75,000 ft. and were virtually invisible to radar. That kind of stealth treatment--which drives stealth signatures down an extra 20-30 dBsm. into the B-2 range--pushes cost up by a factor of 3-5, UAV specialists agree. If the need was for simply a survivable aircraft that doesn`t penetrate foreign airspace, the cost would be as low $2.5 billion for the dozen aircraft.

Another factor that increases costs for a covert, virtually invisible UAV would be communications links. "The Global Hawk UAV is not stealthy so it can use UHF communications satellites, and everybody knows it`s there," the UAV specialist said. "If you want low-probability-of-intercept [LPI] communications, you need something like Milstar. But it is not wideband, and you need to be sending out hundreds of megabits per second. Such expensive additions are why Tier-3 got killed." The stealthy UAV was replaced by the DarkStar, which itself was canceled.

Advocates of the new aircraft are adamant that the money not be taken from existing reconnaissance programs like the U-2S, RC-135 Rivet Joint or Global Hawk. According to officials close to the deliberations, the consensus was that current aircraft, while expensive and demanding of highly trained manpower, must remain in operation and be periodically updated until the new design is operational. Immediately after the Persian Gulf war, tactical reconnaissance programs were canceled on assurance that large, stealthy UAVs would be available soon. Instead, UAV programs like the advanced airborne reconnaissance system, "Quartz" and Tier-3 overran their budgets and were terminated, leaving a long-term gap in reconnaissance capability that is still being addressed (AW&ST Sept. 25, 2000, p. 28).

The requirements for such an aircraft have existed for decades. But tight defense budgets, limited payload and stealth, and a troubled test program led Pentagon leadership to cancel DarkStar and put the remaining money into the popular, very long-range but nonstealthy Global Hawk UAV.

However, the loss of the Navy`s EP-3 to Chinese control refocused the defense community and Administration on the need for a clandestine, intelligence-gathering aircraft with the operational flexibility and ability to loiter that no satellite-based system can offer.

During the last two weeks, Air Combat Command`s requirements directorate and Airborne Command & Control, Intelligence, Surveillance and Reconnaissance (AC2ISR) center have called in representatives of Lockheed Martin, Boeing and Northrop Grumman to hear about the black, long-range UAV designs that each company is working on, U.S. Air Force officials said.

Basically, ACC--led by UAV enthusiast Gen. John Jumper (said to be the leading candidate to become the Air Force`s next chief of staff)--wants a very low-observable, high-altitude UAV that can penetrate air defenses, fly 1,000 naut. mi. to a target, loiter for at least 8 hr., and return to base.

"Compared to DarkStar, you need longer range, greater payload and better stealth," said an Air Force official with insight into the Global Hawk and DarkStar programs. DarkStar used an LPI synthetic aperture radar (SAR) salvaged from the Navy A-12 program. "You need a new aircraft," he said.

PAYLOAD COMBINATIONS could include an improved LPI SAR, electro-optical/infrared video and, importantly, a signals intelligence-gathering package. Also catching the eye of Pentagon and ACC technologists is the active electronically scanned array radar (AESA). This new, multi-element radar is being built for the Global Hawk, Joint Strike Fighter, F-22 and E-8 Joint-STARS upgrade. It can look for targets actively or passively, jam enemy radar and update missiles in flight with new target locations at virtually the same time. When emitting, it also can control side-lobes and beam width so it is hard to detect by enemy observers who search for such tell-tale electronic clues of an aircraft`s position and mission. The survivability of stealthy, LPI radar could be further enhanced by using two aircraft. One pulse of radar is emitted by the first aircraft, a second by a supporting UAV, and both are fused and refined with satellite-based radar observations. This technique is called "multiple bistatic." Another option is to use radar passively and tune it to pick up enemy radar or FM emissions (a Lockheed Martin silent radar innovation) (AW&ST Nov. 30, 1998, p. 70)

"If a UAV with improved stealth and LPI radar is flying at 70,000 ft., an F-8 [II, like the Chinese fighter that collided with a Navy EP-3,] can`t find it and even if someone told him where it was, he couldn`t reach it," an Air Force planner said.

Stealth is being improved to the point that missions can be shifted from night-only, the criteria for the 1990-91 Persian Gulf war and Kosovo air campaign, to "daytime stealth," a senior U.S. aerospace official said. In recent Air Force tests, a B-2 with upgraded stealth was able to fly between an F-15 and F-16 operating about 20 mi. apart without being seen visually or electronically.

"Alternate high-frequency material [AHFM, a new B-2 coating] is about more than maintainability," the aerospace official said (AW&ST Nov. 20, 2000, p. 53). "Radar-absorbing material has improved to the point that stealth is now a day mission. The [radar] returns have shrunk from whispers to nothing. The issue now is bringing down infrared [heat signatures]. The Russians are ahead of us on IR detection," and they build excellent IR search and track sensors that are available on the world market, he said.

DESPITE THE REQUIREMENTS for stealth, long range and the ability to penetrate air defenses, Pentagon officials point out that violating Chinese airspace is not one of the project`s goals. "I don`t think we will ever overfly China as we did in the early 1960s," an Air Force official said. Instead, the aircraft will likely follow operational profiles much like the U-2, RC-135 and EP-3 do today, following the coastline while flying over international waters and looking into the country of interest.

"The whole issue now is money," he said. "Anything new has to come with its own money. If the Administration wants to go more into unmanned systems, they need to put in some funding."

What may sway the Administration to accept the Pentagon`s proposal is an associated need by the National Security Agency. NSA has responsibility for intercepting and decoding foreign messages, but the proliferation of cell phone technology has overwhelmed the ability of the nation`s signals intelligence-gathering satellites to collect and analyze much of this data. The answer, many believe, is communications intelligence using UAVs. They can be flown anytime, offering a more flexible schedule than satellites, they can observe operations far longer and they are cheaper. However, analysts would have to make decisions earlier in the planning process about when and where to make communications intercepts.

Finally, unmanned aircraft and decoys are crucial elements in the Air Force`s information attack plans, which are slated to achieve an operational capability by 2010. Papers being briefed in the Pentagon call for "penetrating, close-in and standoff [operations] by unmanned, multi-spectral electronic attack platforms." The weapons or "tools" to be employed include radio frequency jamming (a capability of new AESA radar), directed energy (lasers can be used to jam or, at higher power, damage infrared sensors or electronic circuitry) or high power microwaves (that produce destructive spikes of energy in electronic devices).

Aviation Week & Space Technology is the world`s leading weekly source of in-depth news and authoritative analysis of aviation and aerospace technology, business and operations. Take a look at the current issue.

[Gatsby2]

Probleme im Satellitengeschäft. Nichts neues, aber der Vollständigkeit halber:

Monday June 4, 2:11 am Eastern Time

Major satellite ventures scrambling for sponsors - WSJ

NEW YORK, June 4 (Reuters) - Satellite projects, one backed by Lockheed Martin Corp
(NYSE:LMT - news) and the other by Hughes Electronics Corp (NYSE:GMH - news), are
having trouble lining up additional sponsors, showing deteriorating funding outlook for space
ventures tied to the Internet, the Wall Street Journal reported in its online edition on Monday.

Both projects, Lockheed`s Astrolink
International LLC joint venture and Hughes`s Spaceway effort, are quietly
moving to ratchet down plans to provide Internet service via satellite, which
is capable of moving data as much as 1,000 times faster than conventional
phone lines, the paper said.

Citing industry officials familiar with the details, the paper said Lockheed
had shrunk the proposed size of its initial satellite constellation, and both
companies were considering stretching their deployment plans through to the
middle of the decade.

Lockheed Martin and its Astrolink partners had decided to reduce the initial
phase to four satellites from five, and that number might shrink further, the
paper said.

Astrolink so far has rounded up only a third of the nearly $3.7 billion needed
for the entire project, and Lockheed officials privately acknowledged that the future of the rest of the planned nine-satellite fleet
was unclear, the paper said.

No new partners had signed up in 19 months, the paper said, and full-scale commercial operations were expected to commence in
2004, almost two years later than originally hoped.

[Gatsby2]

Monday June 4, 5:00 pm Eastern Time

Press Release

SOURCE: Lockheed Martin

Lockheed Martin Releases Paris Air Show Press Briefing Schedule

BETHESDA, Md., June 4 /PRNewswire/ -- Lockheed Martin today released its press-briefing schedule for the Paris Air Show.
All briefings will take place at the company`s business chalet press center located in Row A, Chalet 400, unless otherwise noted.

The F-16 Fighting Falcon fighter will participate in the flying display and Lockheed Martin will exhibit its X-35 Joint Strike Fighter
full-scale mock-up plus a C-130J Hercules transport and Royal Navy Merlin helicopter adjacent to its business chalet. A U.S. Air
Force F-16 and a U.S. Navy P-3C Orion will both be on static display in the U.S. Government aircraft corral.

Additionally, Expedition One astronauts recently returned to Earth after serving as the first crew aboard the International Space
Station will be available for luncheon interviews during the week at the Lockheed Martin press center.

The press-briefing schedule:

Monday, June 18
* 10:00 a.m. -- Dain Hancock, executive vice president of Lockheed Martin
Aeronautics Company, will discuss 21st-century air power related to
emerging new defense strategies in the United States and other
countries. Included will be an overview of how programs like the F-22,
Joint Strike Fighter, F-16, C-130J and advanced technology development
initiatives fit those strategies.

* 11:00 a.m. -- Bob Coutts, executive vice president of Lockheed Martin
Systems Integration, will discuss growth opportunities as the business
area continues its evolution from a supplier of hardware to a full-
spectrum systems integrator providing systems and business solutions for
defense and adjacent-market customers worldwide.

* 12:00 p.m. -- Air & Missile Defense addressing the PAC-3, THAAD, MEADS
and Navy Theater-Wide programs. Presented by Jim Cravens, director of
international business development for Lockheed Martin Missiles and Fire
Control, and Fred Moosally, president of Lockheed Martin Naval
Electronics & Surveillance Systems-Surface Systems.

* C-130J update presented by Robert Elrod, executive vice president for
programs, Lockheed Martin Aeronautics Co., discussing how new C-130
versions and upgrades can meet 80 percent of the world`s airlift needs.

Tuesday, June 19
* 10:00 a.m. -- Al Smith, executive vice president of Lockheed Martin
Space Systems, covering programs in the space launch, satellite systems
and strategic missiles lines of business, such as the Atlas, Proton and
Titan launchers, Advanced EHF, IKONOS remote-sensing satellite and
interplanetary space probes.

* 11:00 a.m. -- Mike Camardo, executive vice president of Lockheed Martin
Technology Services, announcing a new worldwide marketing program for
the Pampa trainer aircraft produced at the company`s facilities in
Cordoba, Argentina.

* 12:00 p.m. -- Joint Strike Fighter program update presented by U.S.
Marine Corps Maj. Gen. Mike Hough, government JSF program manager,
joined by Lockheed Martin officials. Takes place at the U.S. Government
Pavilion in Hall 3.

* 1:00 p.m. -- X-35 Joint Strike Fighter progress update by Tom Burbage,
Lockheed Martin Aeronautics Co. executive vice president and Lockheed
Martin JSF team general manager, covering flight test results and all
aspects of Team Lockheed Martin`s solution for the next-generation,
joint service, multinational strike fighter. Takes place at the U.S.
Government Pavilion, Hall 3.

* 1:00 p.m. -- Space Commercialization by Jay Honeycutt, president of
Lockheed Martin Space Operations, and Ken Reightler, vice president and
program manager of the Science, Engineering, Analysis and Test program,
presenting new initiatives for using space technology in commercial
applications and discussing how excess capacity at NASA facilities could
be used for commercial research and development.

* 2:00 p.m. -- Horizontal Technology Insertion In Fixed- and Rotary-Wing
Sensor Systems by Mike Donovan, vice president of fire control and
sensors, Lockheed Martin Missiles and Fire Control.

Wednesday, June 20
* 10:00 a.m. -- International partnership briefing by Bob Trice, corporate
vice president of business development; Bob Clifford, president of
business development for Continental Europe; and Ian Stopps, chief
executive of Lockheed Martin U.K., Ltd.

* 11:00 a.m. -- F-16 program update by Don Jones, vice president for F-16
programs, Lockheed Martin Aeronautics Co., discussing revolutionary
advancements, new sales, and the long-term global outlook for the
Fighting Falcon.

* 1:00 p.m. -- Helicopter Platform Integation by Peter Schultz, president
of Lockheed Martin UK Integrated Systems, and Dan Spoor, president of
Lockheed Martin Canada.

* 2:00 p.m. -- Advanced aeronautics technologies by Paul Bavitz, executive
vice president for systems, technology and strategy development, and
Neil Kacena, director of technology development and integration for
advanced development programs, both of Lockheed Martin Aeronautics Co.,
discussing details of Lockheed Martin`s technological approach and
leadership for developing and integrating advanced aeronautics
technologies and systems in answer to new defense strategies.

Thursday, June 21
* 10:00 a.m. -- Advanced New-Technology Combat Systems by Carey Smith,
vice president of business development, Lockheed Martin Naval
Electronics & Surveillance Systems.

* 11:00 a.m. -- Strike Weapons Update by Larry Lawson, vice president of
strike weapons, Lockheed Martin Missiles and Fire Control.

* 12:00 p.m. -- F-22 update by Bob Rearden, vice president and program
manager, Lockheed Martin Aeronautics Co.

* 1:00 p.m. -- P-3 Orion: Proud Heritage, Bright Future, covering its
service and proud history as a maritime patrol aircraft for the U.S.
Navy and other naval forces, as well as a border security patrol
aircraft for the U.S. Customs Service and highlighting the future of
maritime avionics systems integration, its roadmap and phased capability
upgrades of existing platforms. Presented by Ted Samples, vice
president of strategic alliance programs for Lockheed Martin Aeronautics
Co., Bob Browning, vice president of business development for Lockheed
Martin Aircraft & Logistics Centers; and Mike Meyer, director of
international maritime surveillance aircraft business development,
Lockheed Martin Naval Electronics & Surveillance Systems.

* 2:00 p.m. -- Media tour of static display U.S. Navy P-3C by Mike Meyer,
director of international maritime surveillance aircraft business
development, Lockheed Martin Naval Electronics & Surveillance Systems,
and the U.S. Navy aircraft crew. Takes place at the aircraft in the
U.S. Government aircraft corral.


Lockheed Martin officials also will participate in briefings with key partners on the C-27J medium transport (with Alenia) and the
T-50 advanced trainer (with Korea Aerospace Industries) at times and locations to be announced.

Headquartered in Bethesda, Maryland, Lockheed Martin is a global enterprise principally engaged in the research, design,
development, manufacture and integration of advanced-technology systems, products and services. The Corporation`s core
businesses are systems integration, space, aeronautics, and technology services. Lockheed Martin had 2000 sales of more than
$25 billion.

Contacts in the U.S. and U.K. before June 15:
Corporate -- Lee Whitney 301-897-6121 or Jim Fetig 301-897-6352
Aeronautics -- Mary Jo Polidore 817-777-6736
Systems Integration -- Pete Harrigan 301-897-6171
Space Systems -- Jan Wrather 303-971-5967
Technology Services -- Wendy Owen 856-486-5126
Lockheed Martin U.K., Ltd. -- Mark Douglas 20-7314-2239
Lockheed Martin Air Show Press Center June 16 and June 18-22:
Telephone [phone]
Fax [phone]

SOURCE: Lockheed Martin

[Gatsby2]

Ich will hier bestimmt keine coverage für Boeing eröffnen, aber beim Zählen der Nullen wird wohl die Dimension des deals deutlich, der Lockheed Martin heute entgangen ist.





FOR RELEASE AT
No. 244-01
5 p.m. ET
June 4, 2001



CONTRACTS

AIR FORCE

Boeing Co. (McDonnell Douglas Corp., a wholly owned subsidiary) St. Louis, Mo., is being selected to
receive a $485,000,000 cost-plus-award fee and $1,000,000,000 indefinite-delivery/indefinite-quantity
contracts contingent upon approval by the Defense Acquisition Board. No contracts are being
awarded at his time. If awarded, both contracts will support the Avionics Modernization Program
(AMP) for the C-130 aircraft. The first provides for engineering and manufacturing development of
AMP kits. This effort is expected to extend through September 2007. The second provides for aircraft
modifications, integration support and other services outside the scope of the AMP. Funds will be
obligated as individual delivery orders are issued during the course of the contract`s ordering period
which will extend through September 2013. Air Force Materiel Command, Wright-Patterson Air Force
Base, Ohio, is the contracting activity (F33657-01-C-0047 and F09603-01-D-0045).

[Gatsby2]

Wednesday June 6, 8:36 am Eastern Time

Press Release

Lockheed Martin Global Telecommunications Achieves Global Suntone Certification

Infocom Provider Receives `Seal of Approval` in Three Major Markets

BETHESDA, Md.--(BUSINESS WIRE)--June 6, 2001--Lockheed Martin Global Telecommunications (LMGT) today
announced that it has received SunTone(SM) certification for its co-location, hosting and managed services operations in the
United States, Latin America and India, equivalent to global SunTone certified solutions.

LMGT is a premier provider of advanced information technology solutions and network services to commercial enterprise
customers worldwide. LMGT offerings include eBusiness and legacy systems integration, IT outsourcing, data center/Internet data
center management, and managed application services.

Serving over 2,400 commercial clients, LMGT also provides communications connectivity, security, value-added services and
network management to businesses around the world.

``LMGT provides a rare blend of co-location, hosting and managed services that addresses both the IT and communications needs
of enterprise customers,`` said Tim Dwyer, vice president of sales and marketing of Sun`s Service Provider group. ``We are very
pleased with the cooperative efforts of Sun and Lockheed Martin and are excited about the prospects of building on our current
success through the Suntone program, as well as other emerging initiatives.``

The SunTone Certification and Branding Program provides an industry ``seal of approval,`` confirming that Web-enabled
applications and services meet the availability, security, reliability and performance standards and operational practices necessary
for quality deployment of services over the Internet.

All SunTone certified services and applications have met rigorous standards for quality and are designed to run effectively on a
SunTone Certified service platform. Furthermore, the certification program requires annual evaluations, which ensure that Internet
services such as Internet Data Centers (IDCs) remain current with evolving technology and industry standards identified in the
SunTone specifications.

``LMGT is dedicated to providing high quality, secure and tailored information technology and network services for our
customers,`` said Clement Chen, vice president of business development and strategy for LMGT. ``Receiving SunTone certification
is further demonstration that we are meeting our objectives. This recognition ensures our current and prospective customers know
that our quality standards rank high in the industry. Sun and LMGT share the goals of excellence and reliability for network users,
and the SunTone Certification and Branding Program is a valuable measuring stick.``

In addition to deploying Sun`s Internet computing technologies in its data centers, LMGT has built a broadband lab facility in Valley Forge, Pennsylvania, featuring
state-of-the-art Sun(TM) systems used to demonstrate a variety of broadband integration and delivery capabilities.

LMGT also deploys Sun servers and storage, running on the Solaris(TM) Operating Environment in its systems integration projects and utilizes Sun technologies as a
core part of the infrastructure for building data centers for global clients.

Lockheed Martin Global Telecommunications, a wholly owned subsidiary of Lockheed Martin Corporation (NYSE:LMT - news), delivers secure, reliable,
advanced-technology products and services to help enterprise customers leverage their telecommunications and information technology assets.

LMGT has annual revenues in excess of $1 billion and employs 4,000 personnel worldwide with major points of presence in North and South America, Europe and
Asia. Additional company information and news releases are available on LMGT`s Internet site at http://www.lmgt.com.

ABOUT THE SUNTONE(SM) CERTIFICATION AND BRANDING PROGRAM

Launched in May 1999, The SunTone Certification and Branding Program is a collaborative effort with industry-wide support, led by Sun Microsystems, Inc., to
promote 7-by-24 service and reliability as a norm for consumer and business Internet-based services.

Under the SunTone Certification and Branding Program, service providers, independent software vendors and integrators have endured a rigorous specification
process which examines the infrastructure, operational practices, hardware, software, and overall service delivery to help ensure that the services or products they
provide meet the program`s high standards.

Certification under the SunTone program is designed to give customers the confidence that every aspect of the operations and infrastructure has been evaluated and
judged to be reliable and of high quality. The SunTone Certification and Branding program currently has more than 1400 applicants for certification, including service
providers, independent software vendors, and integrators, and over 100 SunTone Certified solutions available to meet a variety of business needs. For more
information on SunTone visit: http://www.sun.com/suntone

Sun, Sun Microsystems, the Sun Logo, SunTone, the SunTone Certified logo and Solaris are trademarks or registered trademarks of Sun Microsystems, Inc. in the
United States and other countries.

Contact:

Lockheed Martin Global Telecommunications
Emily Donavan, 301/214-3309

[Gatsby2]

Thursday June 7, 4:03 pm Eastern Time

Press Release

SOURCE: Lockheed Martin Corporation

Lockheed Martin Marks Another First With S-Band Guided Missile

MOORESTOWN, N.J., June 7 /PRNewswire/ -- Today marked another world`s first for the Lockheed Martin-U.S. Navy Aegis
Weapon System as an Evolved Sea Sparrow Missile (ESSM) was successfully launched and guided with an Aegis S- Band link at
White Sands Missile Range (WSMR). This test represents the first command mid-course guided ESSM flight and is a key risk
retirement step for this missile.

The ESSM, built by Raytheon as part of an international consortium, will improve the capability of U.S. and international ships to
defend against advanced supersonic, anti-ship cruise missiles. This test, designated ESSM Aegis S-band #1 (SB-1), was the first
of four planned demonstrations at WSMR that will validate the capability of the Aegis version of the ESSM prior to the first
shipboard demonstration in June 2002.

The ESSM is being integrated by Lockheed Martin into the U.S. Navy`s Aegis Weapon System Baseline 6 Phase III ships. This
Aegis baseline brings improvements in ship self-defense as well as Area Theater Ballistic Missile Defense (TBMD) capability to the
fleet.

The Aegis version of the ESSM is guided by the SPY-1 family of phased array radar systems developed and produced by
Lockheed Martin NE&SS-Surface Systems. The S-band missile version will be deployed in many ships and forms the basis for a
robust and reliable ship self-defense capability.

``This test marks a key milestone for navies around the world,`` said Mark Gaspar, director, International Programs at
NE&SS-Surface Systems. ``The missile will be guided by the family of AN/SPY-1 radar systems including those of the U.S.
Navy`s Aegis destroyers, Spanish F-100 class of frigates and the recently contracted Norwegian Frigate utilizing the SPY-1F
radar system. Today`s demonstration retired major technical risks associated with deployment of the S-band guided ESSM missile.
This system represents the future of ship self-defense and is available for a wide range of surface combatants.``

The Aegis Weapon System and the SPY-1 family of radar systems are designed, built and integrated by Lockheed Martin
NE&SS-Surface Systems. NE&SS provides surface ship and submarine combat, antisubmarine warfare and ocean surveillance
systems, missile launching systems, radar and sensor systems, ship systems integration and system engineering services, and other
advanced systems and services to customers worldwide. NE&SS is the largest business organization in the Lockheed Martin
Systems Integration business area.

Headquartered in Bethesda, Maryland, Lockheed Martin Systems Integration is one of four principal business areas within the
Lockheed Martin Corporation (NYSE: LMT - news). The other business areas are aeronautics, space and technology services.

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

For information on Lockheed Martin Naval Electronics & Surveillance Systems
visit: http://ness.external.lmco.com/

For additional information on NE&SS-Surface Systems, visit:
http://ness.external.lmco.com/nessm/

SOURCE: Lockheed Martin Corporation

[Gatsby2]

Aaah, hier könnte Kompensation für den Verlust des C-130 Programms and Boeing kommen. Boeing hat nämlich den ursprünglich ihnen erteilten Auftrag für den Booster bös` zerschossen.

Friday June 8, 2:46 pm Eastern Time

First Bush missile defense test said likely in July

By Jim Wolf

WASHINGTON, June 8 (Reuters) - The first Bush administration flight test of a controversial
multibillion dollar ballistic missile defense is likely to take place by the end of next month, a year
after the last one failed, a Pentagon spokesman said on Friday.

The test would involve the same
components as the last one -- a dummy
warhead and decoy launched from California`s Vandenburg Air Force Base
and a prototype interceptor with a 120-pound (54 kg) ``kill vehicle`` launched
4,300 miles (6,919 km) away, from the Kwajalein Atoll in the Republic of
the Marshall Islands.

``And hopefully, they`ll meet somewhere over the Pacific,`` said Air Force
Lt. Col. Rick Lehner, spokesman for the Pentagon`s Ballistic Missile
Defense Organization. The test is likely in ``mid to late July, based on
current planning,`` he said.

Boeing Co. (NYSE:BA - news) is the lead system integrator for U.S.
missile defense. TRW Inc. (NYSE:TRW - news) builds the battle
command, control and communications system. Raytheon Corp.
(NYSE:RTN - news) builds the kill vehicle and Lockheed Martin Corp.
(NYSE:LMT - news) is prime contractor on the current booster system.

The last two of the three integrated flight tests to date -- often equated by the military to hitting a bullet with a bullet -- have failed,
most recently on July 7.

Those misses led former President Bill Clinton on Sept. 1 to defer the politically charged decision on when to take the first steps
toward deploying a national missile defense.

The project is estimated to cost as much $60 billion for the land-based leg of interceptors, radar stations and battle management
network.

On Thursday, Defense Secretary Donald Rumsfeld told skeptical NATO allies in Brussels the United States would soon start to
build a ``layered`` shield involving ground, sea and space-based systems to cope with what President George W. Bush perceives as
a growing threat of ballistic missiles in the hands of unpredictable foes.

Russia, China and some U.S. allies oppose U.S. plans to change or abandon the Anti-Ballistic Missile Treaty the United States
signed with the Soviet Union in 1972. Such changes would be necessary to deploy a national missile defense.

Lehner said there had been no pressure to bring forward the next test, which had been discussed for months as possibly taking
place this month.

The entire U.S. missile defense timetable is under review as part of a series of inquests into U.S. military strategy, weapons and
spending ordered by Bush and Rumsfeld when they took office in January.

One possibility being considered is a crash program to put into place a rudimentary missile defense system before the end of
Bush`s term in 2004, the Washington Post reported on Friday.

Boeing has given a range of proposals -- including one that would put five interceptor missiles in Alaska by March 2004, before an
advanced ``X-band`` battle-management radar system could be built, the Post reported, citing unnamed officials.

But the new Democratic majority in the U.S. Senate caused by the defection of a lone Republican will make missile defense a
hard sell for Bush. Key Democrats have long questioned whether the technology works and whether the diplomatic and financial
trade-offs are worthwhile.

``We`re not opposed to research, but to commit that level of revenue to a concept that may or may not prove to be practical or
even do-able is something that I`m mystified by,`` Senate Democratic leader Tom Daschle told reporters.

House Democratic leader Richard Gephardt predicted Congress would block any move to early deployment ``without knowing that
the system can actually work.``

(With additional reporting by John Whitesides)

[Gatsby2]

Mal wieder die guten alten Israelis. Hoffentlich brauchen sie die F-22 nicht bald dringender, als ihnen lieb ist.



Ivry: Israel Interested In F-22, But No Plans To Acquire The Jet Anytime Soon
Friday, June 8, 2001 07:46:38 PM - Phillips Business Information



Jun 08, 2001 (Defense Daily/Phillips Publishing via COMTEX) -- Former President
Clinton may have offered that Israel become the first export customer of the
sophisticated F-22 fighter by Lockheed Martin [LMT] now under development for
the U.S. Air Force, but the country is a long way from even considering an
acquisition of the stealthy jet, according to a top official.

"We don`t have any long-range budgeting for F-22, not at all," David Ivry,
Israel`s ambassador to the United States, told reporters yesterday during a
Defense Writers Group breakfast in Washington, D.C. "It is much more a political
gesture than anything else to say that the United States is committed to the
qualitative edge of Israel. Nobody was speaking about anything concrete."

On his last day in office earlier this year, Clinton made public an open letter
to the people of Israel that included a promise that the country, if it wants,
would be the first foreign nation to be allowed access to the aircraft. The F-22
is the U.S. Air Force`s top modernization priority. The service plans to buy
more than 330 of the jets to replace older air superiority versions of Boeing`s
[BA] F-15. Pending a nod from the Bush administration, the F-22 would enter
service in 2005.

Ivry said that while Israel did not ask for the aircraft, the two governments
consulted on Clinton`s proposal before it was disclosed.

As for the F-22, the capabilities of the aircraft, particularly its long range,
high speed and extremely stealthy nature have considerable appeal for the
Israeli Air Force, Ivry added.

"It`s not my decision, but there is a threat coming from countries like Iran and
others, and it would be nice to have an F-22," Ivry said. "It has a very good
capabilities against other threats like cruise missiles. It is a good
airplane...but it`s not on the agenda yet."

While Ivry complimented the F-22, he stressed that his government can`t consider
the aircraft until after it makes its way into U.S. service.

Should Israel acquire the aircraft, it would likely be adapted into a strike
version as well. Although the F-22 was conceived as a dual-role jet, the
aircraft is being acquired by the Air Force in the air superiority variant, in
part not to conflict with efforts to procure the Joint Strike Fighter, which
will be tailored to the attack mission. Lockheed Martin executives have long
said the F-22 could relatively easily be adapted into a heavy strike aircraft.

"The Israel Air Force...is using any airplane for all types of missions," he
said. "We are too small an air force and a nation not to do that."

Military priorities for the country include longer-range aircraft, as well as an
additional Arrow missile defense battery. The Arrow is a joint U.S.- Israeli
program to develop a missile defense shield for Israel composed originally of
two batteries. But emerging missile threats, particularly from Iran, prompted
the governments two years ago to seek production of a third Arrow battery. The
Bush administration is reconsidering a Clinton proposal to furnish Israel with
$800 million in supplemental funding to help beef up the country`s defenses
against emerging ballistic missile threats from its neighbors.

Ivry said the Arrow program as well as the joint U.S.-Israeli Tactical
High-Energy Laser (THEL)--a powerful laser system designed to down Katyusha-type
rockets that regularly threaten Israeli settlements--are evidence of the close
relationship between the two countries. TRW [TRW] is the prime contractor for
THEL.

"There are some good projects we run together on research and development like
the Arrow missile, which is very much done in a cooperative way and I think it`s
a good achievement," he said.

Export Control Issues

Asked whether export control issues are an irritant to U.S.-Israeli relations,
Ivry said that the two nations would sometimes differ on technology exports. But
he stressed Israel would not export U.S. technologies without U.S. government
approval.

Some critics of Israel charge the country has improperly trafficked in U.S.
military technologies, a charge Israeli officials have long rejected.

"There is a commitment...not to sell to any third party any American technology
or product without permission and a license from the United States," Ivry said.
"In my opinion, [the issue is] not the American technologies. The concern is
maybe a different attitude toward national security issues. And maybe we are
selling our own products to some other countries, which maybe the United States
does not like. Sometimes, there are other issues behind it. Sometimes, it`s
industrial competition behind it. So it`s not just only national security
issues, but we deal with it."

Each arms transfer by Israel is assessed on a case-by-case basis taking into
account not only Israeli, but U.S. security concerns, Ivry said. He added that
Israel as a matter of policy keeps secret the names of customer nations, unless
the customer agrees to go public with a transaction, but such an approach does
not interfere with the informal process of vetting the national security impact
of arms deals with U.S. officials.

Ivry also was asked whether he expects to see more instances of the United
States pressuring Israel to call off arms deal to certain nations.

Last year, the U.S. government, citing national security concerns, strongly
pressured Israel to break off a deal to sell Phalcon radar planes to China.

"We have committed to ourselves to inform the United States, but there is no
agreement," Ivry said. "Phalcon was the indigenous technology of Israel, and we
stopped it because we understood it was against the national security of the
United States. Responding to it cost us a lot of money...but sometimes, we
respond against our own interest, for the interest of the United States, because
the United States is a major ally which gives us annual assistance and the
political backing that is so important to us."

By Vago Muradian

Defense Daily, Vol. 210, No. 49

[Gatsby2]

Ach, wo ich gerade bei Israel war -- die Jungs sind ein echter Traumkunde für die Rüstungsindustrie.



Israel Picks Pratt & Whitney To Power F-16Is
Friday, June 8, 2001 07:46:16 PM - Phillips Business Information




WASHINGTON, Jun 08, 2001 (Defense Daily International/Phillips Publishing via
COMTEX) -- Israel has selected Pratt & Whitney [UTX] to power its follow-on buy
of 52 Lockheed Martin [LMT] F-16I fighter aircraft, the company said on Friday.

Under a contract to be signed later this month, Israel will acquire 61 F100
engines in a $300 million contract, with deliveries to take place between
2005-08.

Israel is expected to sign a letter of agreement with Lockheed Martin in
September to acquire this batch of 52 F-16I fighters, with first deliveries
taking place in 2006.

The 52 aircraft represent a follow-on to the purchase of 50 F-16Is Israel made
in 1999. These aircraft will also be powered by F100 engines, with the first
delivery in 2003.

Israel already operates a large fleet of older-model F-16s.

Defense Daily International, Vol. 2, No. 22

[Gatsby2]

Ru-dolf, Ru-dolf,... !!

Monday June 11, 5:55 pm Eastern Time

Lockheed Martin eyes German okay of MEADS program

By Kristin Roberts

NEW YORK, June 11 (Reuters) - Lockheed Martin Corp. (NYSE:LMT - news) hopes to
announce German government clearance within the next two weeks for a medium extended air defense system, or MEADS
ground-based missile defense program.

Lockheed, the largest U.S. defense contractor, looks to unveil the
agreement during the Paris Air Show next week.

``We hope to announce that the medium extended air defense system got
German government approval as a follow-on to the Patriot system,`` said
Bob Trice, corporate vice president of business development.

MEADS, a multinational program involving the United States, Germany and
Italy, provides the air and missile defense system to replace the Patriot and
Hawk systems worldwide. The system protects maneuver forces and
critical installations against tactical ballistic missiles, cruise missiles,
unmanned aerial vehicles and fixed and rotary-wing aircraft.

The Patriot systems are due to be phased out in 2028, according to a
spokeswoman for the U.S. Army. MEADS is scheduled to be deployed
starting in 2012 with full fielding expected to take place over 16 years as the
Patriots are swapped out.

In the risk minimization phase, the MEADS program had a total volume of $230 million of which 55 percent was financed by the
United States, 28 percent by Germany and 17 percent by Italy.

PRIORITIES IN PARIS

Bethesda, Md.-based Lockheed also plans to use the week-long air show to exhibit a full-scale mock-up of its Joint Strike Fighter
jet and fly the F-16 fighter as part of a larger airborne display.

Lockheed is scheduled to deliver presentations on all business areas but has no plans to specifically address the options under
consideration for its struggling satellite manufacturing operation, which has suffered from industry-wide overcapacity.

Vance Coffman, Lockheed`s chief executive, has previously said the company was weighing alternatives for its space operations,
but sources close to the situation say any potential transaction is not imminent.

Al Smith, executive vice president for Lockheed`s Space Systems division, is expected to brief Air Show participants on programs
in the space launch, satellite systems and strategic missiles business lines.

In general, Lockheed views the Paris Air Show as an opportunity to capitalize on global networks and strike partnership
agreements internationally, which the company says it prefers as a means to grow global business versus an acquisition strategy.

``Partnerships make a world of difference,`` Trice told Reuters. ``The joint venture strategy is better politically and economically as
opposed to buying and merging your way to growth.``

Lockheed has roughly 300 government and industry partnerships in 30 countries.

Shares of Lockheed Martin rose 39 cents to $37.76 in Monday trade on the New York Stock Exchange, off a year high of $39.80
but up from a low of $22.44. The stock has gained more than 47 percent over the last year, outperforming the broad-based
Standard & Poor`s 500 index, but is off its May 1999 high of $44.81.

[Gatsby2]

Tuesday June 12, 4:57 pm Eastern Time

US Navy destroyer`s prospects sinking after study

By Jim Wolf

WASHINGTON, June 12 (Reuters) - Prospects for a proposed all-new $30 billion advanced
Navy destroyer foundered on Tuesday, undercut by a study carried out for Defense Secretary
Donald Rumsfeld.

The boom was lowered on the ship, known as DD 21, by an influential
panel advising Rumsfeld on ways to ``transform`` the U.S. military into a
more lethal, agile force.

``We didn`t see a substantial difference in operational capabilities in the DD
21 compared to the other (existing U.S. Navy) systems,`` panel chairman
James McCarthy told a Pentagon news briefing.

Competing to design the destroyer are teams led by General Dynamics
Corp.`s (NYSE:GD - news) Bath Iron Works with Lockheed Martin Corp.
(NYSE:LMT - news) on the one hand, and Northrop Grumman Corp.`s
(NYSE:NOC - news) Ingalls Shipyard with Raytheon Co. (NYSE:RTN -
news) on the other.

McCarthy, a retired Air Force general, cited several other huge military
spending programs as having been found by his panel to be
``transformational,`` including the proposed Joint Strike Fighter warplane and the Lockheed F-22 fighter.

The group called for accelerating by two or three years the planned deployment of the U.S. Navy version of the JSF aircraft,
currently scheduled to enter service about 2008.

Boeing Co. (NYSE:BA - news) and Lockheed are competing to build the fighter, a highly modular family of planes to be used by
the U.S. Army, Navy and Marine Corps, and the British Navy.

The modernization panel was the first of about 21 such groups advising Rumsfeld to make its recommendations public. The study
was undertaken by the Institute for Defense Analyses, a federally funded research center.

Rumsfeld is not bound to follow any of the recommendations. Later this year, he is expected to begin putting in place policies
growing out of the reviews.

In reply to a question, McCarthy, a professor of national security studies at the U.S. Air Force Academy in Colorado Springs,
Colo., said his panel did not recommend restarting the dormant Northrop Grumman B-2 bomber production line. Northrop has
given Bush advisors cost estimates on resuming output.

But it did recommend giving the existing B-2 fleet, made up of 21 bat-winged, low-observability aircraft, a bigger bomb-dropping
capability and more flexible targeting enhancements.

The Navy did not return a call seeking comment on the blow the panel dealt to the electric-powered DD 21. The service has been
planning to buy 32 of the ships over 35 years at a combined cost of about $30 billion, or $750 million per unit after the fourth ship.

On May 31, the Navy postponed the choice of a winning design until a Defense Department shipbuilding review and the other
studies were wrapped up.

In discounting the destroyer, McCarthy said the panel did not recommend killing any programs. But he said his group, which
included ``more admirals than anything else,`` was not persuaded that either it or a planned next-generation nuclear-powered
aircraft carrier known as CVX was ``transformational.``

``The bottom line is that we felt that continuation of what we`re building now is the right answer`` as far as destroyers and aircraft
carriers go, he said.

[Gatsby2]

Wenn denn schon das Zerstörerprojekt gefährdet ist, dann wollen sie wenigstens mit der Küstenwache Geld verdienen. Sicherheitshalber ist die Konkurrenz von Northrop Grumman gleich mit im Boot...



Wednesday June 13, 11:22 am Eastern Time

Press Release

SOURCE: Lockheed Martin

Lockheed Martin and Northrop Grumman Ingalls Shipbuilding Sign Joint Venture for U.S. Coast Guard Deepwater Program

MOORESTOWN, N.J., June 13 /PRNewswire/ -- In a joint announcement made today in Moorestown, NJ, and Pascagoula,
Miss., Lockheed Martin and Northrop Grumman Ingalls Shipbuilding announced the creation of a joint venture partnership under
which the two major corporations will submit a proposed ``best value`` solution for the U.S. Coast Guard`s Deepwater Program.
This newly formed joint venture -- Integrated Coast Guard Systems -- formalizes a partnership underway for more than three
years. The team is hosting its Functional Design Review (FDR) for the Coast Guard this week at Lockheed Martin`s facility in
Moorestown.

The U.S. Coast Guard`s Deepwater Program was established to recapitalize the organization`s ships, aircraft and system platforms
to support deepwater missions. The missions include Maritime Law Enforcement, Maritime Safety, National Defense and Marine
Environmental Protection. Integrated Coast Guard Systems is focused on providing the Coast Guard with 21st century solutions to
upgrade its 20th century, aging fleet.

``The Deepwater Program is an exciting experience for everyone involved,`` said Fred Moosally, president, Lockheed Martin
Naval Electronics & Surveillance Systems (NE&SS)-Surface Systems. ``It provides the opportunity for the U.S. Coast Guard to
advance itself with 21st century technology that best protects this nation and its citizens. The Deepwater Program also sets the
stage for Lockheed Martin and Northrop Grumman Ingalls Shipbuilding to continue and grow our 30 year partnership.``

``Our goal in forming this joint venture is to provide the Coast Guard and the taxpayers of America with a `best value` approach to
the development, procurement and management of a complex re-capitalization effort,`` said Jerry St. Pe, chief operating officer,
Northrop Grumman Ship Systems Sector. ``The Coast Guard is especially important to those of us who live on the Gulf Coast.
We are well aware of their important and heroic roles of protecting our lives and property resources, and in enforcing our maritime
and coastal laws and regulations. We are proud to be able to contribute to these efforts by providing them with the best possible
equipment, so that the Coast Guard will remain `Always Ready` well into the 21st century.``

NE&SS-Surface Systems is one of five major lines of business comprising the Lockheed Martin NE&SS business segment.
NE&SS provides surface ship and submarine weapon systems, antisubmarine warfare and ocean surveillance systems, missile
launching systems, radar and sensor systems, ship systems integration services and other advanced systems and services to
customers worldwide. NE&SS is an operating segment of the Lockheed Martin Systems Integration business area. Headquartered
in Bethesda, Maryland, Lockheed Martin Systems Integration is one of four principal business areas within the Lockheed Martin
Corporation (NYSE: LMT - news). The other business areas are aeronautics, space and technology services.

Ingalls Shipbuilding is part of Northrop Grumman`s Ship Systems (NGSS) Sector, headquartered in Pascagoula, Miss., and is joined in this Sector by the Ship
Systems Full Service Center, also located in Pascagoula, Miss. NGSS is a full service systems company for the design, engineering, construction and life cycle
support of major surface ships for the U.S. Navy, U.S. Coast Guard and international navies, and for commercial vessels of all types. NGSS is an operating segment
of Northrop Grumman Corporation (NYSE: NOC - news) headquartered in Los Angeles, Calif. The other business areas are defense and commercial electronics,
systems integration, information technology and non-nuclear shipbuilding and systems.

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

For information on Lockheed Martin Naval Electronics & Surveillance Systems,
visit: http://ness.external.lmco.com

For additional information on NE&SS-Surface Systems, visit:
http://ness.external.lmco.com/nessm

For information on Northrop Grumman Ship Systems, visit:
http://www.northropgrummanshipsystems.com

SOURCE: Lockheed Martin

[Gatsby2]

Ein bißchen widersprüchlich im Hinblick auf die vorstehende Nachricht, aber gerade deswegen ein interessanter Beleg für die relative Unabhängigkeit der amerikanischen Streitkräfte:

Friday June 15, 5:04 pm Eastern Time

U.S. Navy announces advanced destroyer contracts

WASHINGTON, June 15 (Reuters) - The U.S. Navy has awarded a $124 million contract for
continued design and testing of technologies for its all-new DD-21 destroyer, a planned $30
billion program of stealthy warships.

Of the total, $52 million went to each of
the two teams competing to provide the
winning design, the Navy said late
Thursday.

They are headed by General Dynamics Corp.`s (NYSE:GD - news) Bath
Iron Works unit and Lockheed Martin Corp. (NYSE:LMT - news) on the
one hand, and Northrop Grumman Corp.`s Ingalls Shipbuilding unit and
Raytheon Co. (NYSE:RTN - news) on the other.

The contracts will let the competing teams pursue system development work
pending the selection of a winner. On May 31, the Navy said it had delayed
its choice ``to take advantage of the ongoing reviews`` ordered by Defense
Secretary Donald Rumsfeld.

The remainder of the latest contract, 16 percent of its total value, went to
the Carlyle Group`s United Defense, LP, which is working on an advanced gun for both of the design teams.

The Navy has been planning to buy 32 of the ships over 35 years at a combined cost of about $30 billion, or $750 million per unit
after the fourth ship. The DD-21 is designed chiefly to project power ashore in support of army and marine forces on the ground.

[Gatsby2]

Monday June 18, 2:34 am Eastern Time

Astrium seeking linkups with Loral, Lockheed - WSJ

NEW YORK, June 18 (Reuters) - Astrium NV, Europe`s largest satellite maker, has repeatedly discussed a possible linkup with
Loral Space & Communications Ltd (NYSE:LOR - news) and separately with Lockheed Martin Corp (NYSE:LMT - news) over
the past eight months, the Wall Street Journal reported in its online edition on Monday.

Citing officials familiar with the talks, the newspaper said that while no specific terms have been laid out, Astrium
is ``very serious about pursuing`` such cross-border linkups.

The newspaper said Astrium has asked its lawyers to begin a review of the legal precedents, while company
representatives also have approached U.S. State Department and Pentagon officials to seek their initial reaction.

The topic is expected to come up this week at the Paris Air Show, where satellite executives are slated to meet
to assess the political and economic factors threatening to change the structure of their industry, the newspaper
reported.

European aerospace firm EADS owns a 75 percent stake in Astrium, while Britain`s BAE Systems Plc (quote
from Yahoo! UK & Ireland: BA.L) holds the remaining 25 percent.

The newspaper also reported that other officials have said the space unit of Alcatel SA , another major
European satellite builder, is conducting its own talks about forming a possible strategic partnership with Boeing Co.`s (NYSE:BA - news) satellite unit.

[Gatsby2]

Monday June 18, 8:11 am Eastern Time

Lockheed sees $200 mln ATC contract

(UPDATE: Updates with details, background)

LE BOURGET, France, June 18 (Reuters) - U.S. defence firm Lockheed Martin Corp. (NYSE:LMT - news) said it expects to announce Monday that it won a
$200 million contract from the U.S. Federal Aviation Administration for an air traffic control system.

Under the agreement, Lockheed will have the oceanic system in operation in Oakland, California within two years and in New York and Anchorage, Alaska, the
following year.

The value of the deal could climb significantly depending on maintenance options and system enhancements. Those options could also expand the life of the
agreement to 10 years.

The FAA is expected to make an announcement later on Monday, industry sources said. Negotiations between the largest U.S. defence contractor and the FAA
concluded last Thursday after a competition that lasted about 18 months.

Following implementation of the system in the United States, Lockheed may look to export it to nations with ageing oceanic air traffic control systems, such as Britain
and Russia.

It could also be used to harmonise air traffic control systems within regions.

The oceanic system would have to modified to fit the needs of air traffic controllers in different countries, Lockheed noted.

[Gatsby2]

Bleibt zu hoffen, dass die Ausschreibung in Polen fairer und erfolgreicher verläuft, als die in Tschechien:

Monday June 18, 9:47 am Eastern Time

Three offers in Polish fighter jet tender

(UPDATE: Updates with more details, background)

WARSAW, June 18 (Reuters) - Poland said on Monday it had received three offers to supply 60 jet fighters it needs to bring its air force up to NATO standards
and would place the order before September`s general election.

The defence ministry said U.S. Lockheed Martin Corp (NYSE:LMT - news), France`s Dassault Aviation and Anglo-Swedish partners BAE Systems(quote from
Yahoo! UK & Ireland: BAE.L) and Saab had submitted binding offers by last Friday`s deadline.

Lockheed Martin has said it would offer an older model of its F-16 aircraft, Dassault Mirage 2000-5s and BAe-Saab Gripens.

Officials put a price tag of $2.5-3.5 billion on the deal, which would make it Poland`s biggest procurement deal since the fall of communism in 1989.

Poland, once a member of the Soviet-led Warsaw Pact, joined the NATO alliance in 1999.

``We hope to choose the best offer by September 10 and sign the deal by September 14,`` deputy defence minister Romuald Szeremietiew told a news conference.

Parliament passed a bill in April securing the funding for the project, but there has since been uncertainty over the timing of the deal after Defence Minister Bronislaw
Komorowski said it might be put off until after the September 23 vote.

The funding bill set spending on the aircraft at up to 0.05 percent of annual gross domestic product over 15 years -- equivalent to around $90 million this year.

Poland`s right-wing minority government faces defeat at the hands of the opposition Democratic Left Alliance (SLD), which has supported the funding bill but wants
more time to be taken on choosing the aircraft supplier.

QUID PRO QUO

One key condition of the procurement would be a requirement for the supplier to invest heavily in Poland`s own ailing defence industry, whose output has collapsed
since the demise of the Soviet-dominated Warsaw Pact alliance.

Szeremietiew said this so-called ``offset`` issue would play a key role in choosing the supplier.

``We want the Economy Ministry to undertake negotiations with the partners on the off-set issue, which is part of the contract,`` he told reporters. ``I have created a
special commission to monitor this issue.``

The offer deadline coincided with U.S. President George W. Bush`s first visit to Poland last week, but senior government officials in Warsaw have stressed that they
do not favour any one bidder and want the procurement process to be transparent.

Western European diplomats have said that if the aircraft deal is awarded without due process that could have repercussions for Poland`s bid to join the European
Union, which Warsaw hopes to join around 2004.

[Gatsby2]

Monday June 18, 1:59 pm Eastern Time

Lockheed unveils timetable on missile developments

By Kristin Roberts

LE BOURGET, France, June 18 (Reuters) - Top U.S. defence contractor Lockheed Martin
Corp (NYSE:LMT - news) on Monday unveiled an updated timetable on its missile developments as it positions itself to take part
in the controversial U.S. national missile defence (NMD) system.

The company, which manufactures the F16 fighter jet along with tactical
missiles and air defence systems, contributes to every U.S. land-based,
space-based, airborne and naval missile defence initiative.

President George W. Bush`s administration has placed a high priority on
incorporating national missile defence into U.S. defence policy. Even a
limited missile defence system could be worth between $100 billion to $150
billion.

With Lockheeds strong position in all current missile programmes analysts
have said the company stands to gain from the Pentagon`s new priorities.

The U.S. Navy is already working with the Japanese on development
studies for a theatre wide missile defence that could include Lockheed`s
Aegis combat system, which it hopes to deploy in 2007.

``Lockheed Martin has the proven capability, experience and infrastructure to lead all Navy missile defence activities,`` Fred
Moosally, president of Lockheed`s Surface Systems operation, told reporters at the Paris air show.

TIMETABLE

The Bethesda, Maryland-based company said it had begun low rate initial production of the PAC-3 version of the Patriot missile,
which uses kinetic energy instead of a warhead to destroy targets and protect against short and medium-range ballistic missiles
such as the Iraqi Scud and cruise missiles.

PAC-3 should be deployed this year with full production under way by late 2002. The company must complete two more flights in
its test schedule, the first of which is scheduled for next month.

Earlier Patriot missiles, built by defence rival Raytheon Co. (NYSE:RTN - news), were well known for generating high margins.

Lockheed also expects to have the ground-based theatre high-altitude area defence system, or THAAD system, deployed in 2007.

THAAD, a complete weapons system with a missile, radar and launcher as well as a battle management, command, control and
communications system, is designed to intercept incoming missiles at long range, which theoretically minimises the effects of
weapons of mass destruction on battlefield troops.

At sea, the company has two cruisers with upgraded Aegis combat systems awaiting upgraded standard missiles that will make
the ships capable of engaging ballistic missiles.

Full tactical capability to defend against short and medium-range ballistic missile threats should be available by 2002, Lockheed
said.

GERMAN CONTRACT

The company also reiterated that it expected the German government to approve plans for a medium extended air defence system,
or MEADS, by the end of next.

If not voted on, the plan will be considered again in September.

Industry analysts have questioned whether the German government would sign off on the MEADS programme, given budgetary
constraints.

If Germany ultimately decides against MEADS, the United States and Italy, the third partner nation, would have to make a
determination on how to move forward, Lockheed said.

MEADS International, a venture between Lockheed, EADS and Italy`s Alenia Marconi Systems, would be the only air defence
system able to roll off transports with troops and immediately begin operations.

It is easily deployed and provides greater firepower with less manpower than current systems, Lockheed said.

Lockheed is looking to lower the cost of the MEADS programme, bringing the price on the PAC-3 missile down to $1 million to $2
million, which could encourage German officials to approve the programme.

Jim Cravens, Lockheed`s director of international business development, missiles and fire control, said he did not know how high
the price on the missile was now, but said it was below $4 million.

``All the information suggests that they will sign the memorandum of understanding,`` Cravens told reporters.

[Gatsby2]

Der Artikel klingt nicht unbedingt nach einem direkten Zusammenhang mit LM. Jedenfalls dann, wenn man nur auf den näheren Zeitrahmen blickt...



Monday June 18, 4:16 pm Eastern Time

US military service secretaries vow new efficiency

By Charles Aldinger

WASHINGTON, June 18 (Reuters) - The new civilian secretaries of the Army, Navy and Air Force, all top business executives,
vowed on Monday to bring new efficiency to the Pentagon, saving billions of misspent dollars for new weapons.

Perhaps the most unique group to take the helms of the services in decades,
it has been told by Defense Secretary Donald Rumsfeld to shake up the
department`s creaky financial practices and target savings for specific
programs.

Such cost efficiencies have been attempted for decades, but Air Force
Secretary James Roche, Navy Secretary Gordon England and Army
Secretary Thomas White noted at a news conference that they were
selected by Rumsfeld in a break with tradition by President George W.
Bush.

Presidents have traditionally chosen their own service secretaries, with the
jobs sometimes going to political favorites after successful presidential
campaigns.

England, who recently served as executive vice president of General
Dynamics Corp. (NYSE:GD - news), said studies had shown that better efficiency at the Pentagon - one of the world`s biggest
businesses - could save from $5 billion to $30 billion a year.

``That`s a very wide range. But on the low end it is still a lot of money to put into the war fighting end,`` he told reporters at a news
conference.

``A REAL TEAM``

``You will see, I believe, a real team operating here in the Department of Defense where the three secretaries will speak as one
for the department,`` England said. ``We will represent our individual services but ... you will certainly see us speaking for
programs across a total spectrum -- what`s best for the department and the country.``

White, a tough-talking West Point graduate, retired Army general and former vice chairman of Enron Energy Services, said he
would press immediately for more widespread use of private firms in providing housing and utilities to troops and bases.

He said the three men would also begin looking at possible base closings to save money once a new U.S. military strategy and the
required force to carry it out are determined later this year.

``What classically has happened around here is that people have been encouraged to have some sort of an issue that saves
money,`` White said. ``Then, as soon as they save money or think they are going to save the money somebody rips the money off
or puts in a negative wedge which completely kills the incentive to do it.``

"We have agreed between ourselves and with (Deputy Defense) Secretary (Paul) Wolfowitz and Secretary Rumsfeld that we are
not going to do it that way this time.

Roche, who was previously a top executive at Northrop Grumman Corp. (NYSE:NOC - news), said cooperation and not
confrontation over service rivalries would the hallmark of two new ``management councils`` formed by Rumsfeld and including the
secretaries.

``If there is not jointness at our level, how in heaven`s name can there there be jointness below?,`` Roche asked. He promised that
the first order of business would be to form accounting procedures that allow the services to keep track of what is spent on
specific programs.

``We have Secretary Rumsfeld`s authorization to press for activity-based costing, which is a simple accounting system that any
company would have and that will go into all programs,`` Roche said.

[Gatsby2]

Wie erwartet sprudeln die Nachrichten von der Pariser Airshow:

- Norwegen und die Niederlande verschieben im Hinblick auf den JSF ihre Bestellungen bei Eurofighter;

- Israel bestätigt die Order von 50 F-16 im Wert von mindestens $ 1,3 Mrd.;

- LM Management & Data Systems stellt neues Internetportal mit nutzerbezogener Wissensmanagementfunktion vor;

- Das Pentagon sieht das Joint Strike Fighter Projekt sehr positiv voranschreiten.



Tuesday June 19, 12:19 pm Eastern Time

Eurofighter says JSF may delay some buying Typhoon

LE BOURGET, France, June 19 (Reuters) - Eurofighter GmbH said on Tuesday that some
countries might delay considering purchasing its Typhoon combat jets until more was known
about the proposed fourth-generation Joint Strike Fighter (JSF) in the United States.

``It is true that some nations are considering delaying their process to see if the JSF will become a reality or otherwise,`` Cesare
Gianni, President of Eurofighter International, told reporters at the Paris air show.

Gianni named two nations -- Norway and the Netherlands.

The Eurofighter consortium consists of European aerospace group EADS , Britain`s BAE Systems Plc (quote from Yahoo! UK &
Ireland: BA.L) and Italy`s Finmeccanica .

The JSF programme director, Marine Corps Major-General Mike Hough, told reporters earlier on Tuesday that he was confident
the JSF project would be approved by the Bush administration.

JSF has two main bidders -- Lockheed Martin Corp (NYSE:LMT - news) and Boeing Co (NYSE:BA - news).

BAE, the fifth largest defence supplier to the Pentagon, is participating in both bids.

Hough also reiterated the winning bidder would be announced on October 1.

The Typhoon is promoted as the latest technology after third-generation competitors first built in the 1970s, but critics argue the
aircraft is not so far ahead of upgraded versions of those planes.

Gianni said the JSF would not pose a problem for the Typhoon.

He said the JSF would not be fully operational until 2015 and five years behind the air-force needs of countries wanting to replace
their third-generation combat aircraft.

"There are very few air forces that plan 15 years ahead," he
said.
The first Typhoon is scheduled to be delivered in June 2002.
The four nations behind the Typhoon -- Britain, Italy,

Germany and Spain -- have placed orders for the aircraft. Greece recently assured the Eurofighter consortium that it would go
ahead with the purchase of 60 Typhoon jets after 2006.

========================================================

Tuesday June 19, 1:27 pm Eastern Time

Lockheed says Israel F-16 deal worth about $1.3 bln

NEW YORK, June 19 (Reuters) - U.S. defense contractor Lockheed Martin (NYSE:LMT -
news) said on Tuesday that the Israeli government`s planned purchase of more than 50
additional F-16 aircraft will be worth about $1.3 billion to the company.

Earlier on Tuesday Lockheed announced that the Israeli government had agreed in principle to the purchase in a follow-on deal
from a 1999 order for 50 F-16 aircraft.

Lockheed said the advanced two-seat F-16 aircraft would be delivered in 2006. The company said the aircraft will include systems
produced by Israeli industry and will be powered by the Pratt & Whitney F100-PW-229 engine.

========================================================

Tuesday June 19, 12:35 pm Eastern Time

Press Release

SOURCE: Lockheed Martin Management & Data Systems

Lockheed Martin Releases Interactive Knowledge Management Portal Solution; From Data Chaos to Information Order

FAIRFAX, Va., June 19 /PRNewswire/ -- Lockheed Martin Management & Data Systems
took another step forward with its ongoing business strategy to bring intellectual property to the
commercial marketplace with the release of ACE V1.0, an interactive, knowledge
management Web portal solution.

Terry Kees, VP M&DS Global Information Management Systems, whose line of business
developed the integrated solution, made the announcement today.

The Analyst Capability Enhancement portal is an interactive, enterprise information solution
combining leading edge portal technology and knowledge management capabilities. ACE
combines Lockheed Martin-developed natural language and multimedia processing
technologies with leading commercial portal and taxonomy technologies in an extensible,
standards-based architecture. The resulting toolset is designed to cut through the overwhelming
increases in data volume, variety and velocity swamping today`s knowledge workers.

The ACE portal services provide a single point of entry to information stores with an
automated access and cataloguing of up to 200 unique data types, including multimedia
sources. The XML-based solution capitalizes on the application of leading edge technology and
the ability to exploit all of an organization`s dynamic and static information assets, including
legacy information systems and data stores. With ACE, the knowledge worker can use
intuitive features through a standard Web browser to discover the contextually relevant
information he didn`t know to ask for -- quickly and easily.

``ACE is unique in that we have an operational and robust integrated XML- based product
suite while others usually only brief their plans for the technology. We are able to show
customers how to think about using the technology in new and effective ways they have never
imagined,`` said Kees. ``We`ve targeted development of value-added solutions as a
discriminator to strengthen our systems integration leadership position in an increasingly
competitive environment. We`ve already begun to recognize benefits of this strategy given the
interest generated from non-traditional clients within the DoD, law enforcement, and
commercial sectors.``

The system has successfully undergone prototype user testing and is in testbed deployment within the Joint Intelligence Center,
Pacific Command (JICPAC). GIMS has plans for numerous operational deployments later this year.

ACE features include:

-- Information management and exploitation using automated content XML
metadata tagging and natural language text extraction technologies.
-- Enterprise and global search engines for on-demand, scheduled, and
event-triggered queries of enterprise information and external
sources.
-- Automated domain specific taxonomy creation and structural assessment
with an easy to use taxonomy tool suite.
-- Data relationship visualization using a Discovery Map tool.
-- Multimedia searches and rendering of visual video thumbnails for more
efficient multimedia exploitation.
-- Virtual knowledge base creation to increase analytical production,
quality and timeliness.
-- Collaboration tools, including Lockheed Martin`s I-Note and Pallet
features.


``We`re proud of our commitment to ensuring our clients` mission success,`` said Kees. ``We believe we`re positioned to meet
market demands for essential on-the-horizon e-business solutions. Our solutions development is a proactive means of providing
greater value and capabilities as budgets and resources become more restrained.``

Management & Data Systems (https://mds.external.lmco.com), headquartered in King of Prussia, Pa., has been a leader in
systems integration, systems engineering, software development and program management in support of vital national systems for
more than 30 years. M&DS is a unit of Lockheed Martin Corporation (NYSE: LMT - news) with approximately 7,500 employees
at facilities in Pennsylvania, Arizona, California, Colorado and the Washington, DC metropolitan area.

Headquartered in Bethesda, Maryland, Lockheed Martin (http://www.lockheedmartin.com) is a global enterprise principally
engaged in the research, design, development, manufacture and integration of advanced- technology systems, products and
services. The Corporation`s core businesses are systems integration, space, aeronautics, and technology.

SOURCE: Lockheed Martin Management & Data Systems

========================================================

Tuesday June 19, 1:55 pm Eastern Time

JSF director sees programme going forward

(UPDATE: Adds details, analysis, background)

By Kristin Roberts and Bradley Perrett

LE BOURGET, France, June 19 (Reuters) - The director of the U.S. Joint Strike Fighter (JSF) project gave a strong signal on
Tuesday that the massive programme could be shared between rivals Lockheed Martin Corp. (NYSE:LMT - news) and Boeing
Co. (NYSE:BA - news), regardless of which wins the contract.

In statements to reporters at the Paris air show, Marine Corps
Major-General Mike Hough suggested the jet fighter programme would go
forward under the Bush administration, and that both competing contractors
may work on the contract.

Defence industry experts have speculated in recent months that the Bush
administration would allocate military funds elsewhere.

``I`m very optimistic that our program will get high points in the
Bush-Rumsfeld review,`` said Hough, director of the JSF program, referring
to President George W. Bush and Defense Secretary Donald Rumsfeld.

When asked for a personal opinion about whether the programme should
remain a winner-takes-all contract, Hough said: ``Competition is the key and
is the primary factor,`` he said. ``I would in all efforts try to ensure that there
is competition in the future.``

Critics of the programme`s current policy of awarding full development and production to just one of the companies have said both
needed to participate if the U.S. defence industry were to keep two competing firms in the fighter business.

LARGEST PROCUREMENT

Bethesda, Maryland-based Lockheed and Seattle-based Boeing, the top two U.S. defence contractors, are competing for the
project, which would be the largest procurement deal in the history of military aviation.

The project is intended to deliver 3,000 combat aircraft for the U.S. Air Force, Marine Corps and Navy and for Britain`s Royal
Navy and Royal Air Force.

Hough said the early developmental phase, which is due to end with the October selection of either Boeing or Lockheed Martin,
had cost $4 billion.

The next phase, engineering and manufacturing development, would cost $25 billion.

Then production of the 3,000 U.S. and British planes would be worth $200 billion -- a figure which appears to include inflation,
since the target unit cost is from $28 million to $38 million in 1994 currency.

Internationally, Hough estimated the market at another 2,600 planes.

That makes the potential production run worth almost $400 billion, excluding the costs of supporting the planes in service.

Hough said the United States was on track to choose the winner by an October 1 target date.

First delivery on the fighters would be in 2008 to the U.S. Air Force and Marine Corp and in 2010 for the U.S. Navy as well as
Britain`s navy and air force.

If policy makers wanted to accelerate the program, Hough said the planes could be ready for initial delivery in 2007, at the earliest.

All initial deliveries would be for training purposes and the planes would not be operational.

Development of the fighters is being funded jointly by the United States and Britain. The Netherlands, Italy, Turkey, Canada,
Denmark and Norway have all indicated interest in contributing at a lower level and Hough said he expects deals to be signed with
those nations before the start of the engineering and manufacturing phase.

[Gatsby2]

Und noch eine Nachricht aus dem Tagesgeschäft:

Subject:
ILS LAUNCHES ICO SATELLITE IN 1ST ATLAS MISSION OF YEAR
Date:
Tue, 19 Jun 2001 09:12:16 -0400
From:
xxx.xxx.com
To:
xxx.xxx.com





ILS LAUNCHES ICO SATELLITE IN 1ST ATLAS MISSION OF YEAR

ILS Marks 2 Successful Flights on 2 Vehicles in 4 Days

CAPE CANAVERAL AIR FORCE STATION, Fla., June 19, 2001 - An Atlas IIAS rocket carried a satellite for ICO Global Communications into orbit early this morning, marking the first Atlas launch of the year for International Launch Services (ILS).

This was the second successful launch in four days for ILS, of McLean, Va. ILS is the only launch services company to have two integrated launch vehicle offerings: the U.S.-built Atlas and the Russian-built Proton. On Saturday (June 16) in Baikonur, Kazakhstan, a Proton vehicle launched the ASTRA 2C broadcast satellite for ILS customer Société Européenne des Satellites.

The ICO launch lifted off from the Cape`s Pad 36B at 12:41 a.m. EDT today, 4:41 GMT. After a flight of nearly 113 minutes, the spacecraft was separated from the Atlas vehicle into its target circular, medium earth orbit of about 10,100 km (about 5500 mi). The satellite is a specially modified version of the Boeing 601 model built by Boeing Satellite Systems, Inc., which contracted with ILS for the launch in order to deliver the satellite in orbit.

"This launch is the 55th consecutive success for Atlas," said ILS President Mark Albrecht. "We`re proud of Atlas` reliability, and appreciate that Boeing and ICO had the confidence to trust this mission to ILS."

He noted that two launches occurring in such a short period of time highlights ILS` versatility. "With the Lockheed Martin Atlas and the Khrunichev-Energia Proton families, ILS has a range of vehicles to meet any customer`s payload and schedule needs," he said.

ILS is a joint venture of Lockheed Martin Corp. of the United States and Russian companies Khrunichev State Research and Production Space Center and RSC Energia.

ILS offers the broadest range of launcher products in the world along with the highest reliability in the industry. The Atlas rockets and their Centaur upper stages are built by Lockheed Martin Space Systems Company-Astronautics Operations at facilities in Denver, Colo.; Harlingen, Texas; and San Diego, Calif. ILS` three-stage Proton and the available Breeze M upper stage are produced by Khrunichev at its factory near Moscow. The alternative Block DM fourth stage used in this mission is built by Energia, also near Moscow.

For more information, visit http://www.ilslaunch.com.

###

Contacts: Jim Ryan, Investor Relations [phone]; or Randa Middleton, Investor Relations
[phone].

-------------------------------------------------------------------------
To unsubscribe click here
http://www.shareholder.com/visitors/unsubscribe.cfm?companyI…

-------------------------------------------------------------------------
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[Gatsby2]

Newsflash aus Paris - II

Weil es schon wieder soviele sind auch diesmal als Sampler:

- Die wichtigste Nachricht zu Anfang: ein US-Bundesrichter in Washington hat die fehlende Ausschreibung bei der Vergabe der Modernisierung der Luftraumüberwachung durch die FAA beanstandet. Sollten Raytheon oder Boeing hier doch noch zum Zuge kommen, wird das für Lockheed sehr teuer;

- Auch wichtig: LM Aeronautics haben für die innovative Technologie des Prototyps für den JSF vom Flight International Magazine den Aerospace Industry Award 2001 erhalten;

- LM Global Telecommunications ist nach der Beteiligung an Illinois Superconductor ein weiteres Joint Venture zur Verbesserung der Position im G3-Infrastrukturbereich eingegangen;

- schließlich mal wieder ein kleiner Erfolg in dem ansonsten eher glücklosen C-130J Programm.




================================================

Wednesday June 20 1:14 PM ET

Judge Rejects FAA No-Bid Contract

WASHINGTON (AP) - An administrative law judge has rejected the
Federal Aviation Administration (news - web sites)`s attempt to award a
contract to overhaul an air traffic computer system without seeking
competitive bids.

FAA officials said Wednesday they still plan to hire someone to do the
work but have not decided how to proceed.

Judge Stephen M. Daniels said FAA couldn`t hire Lockheed Martin to
install new software in computers at 20 centers that control airline traffic
at high altitudes and between airports. The job will entail rewriting
antiquated codes the computers now use.

The judge ruled that FAA failed to justify the need for bypassing its
usual procedures and not seeking competitive bids.

Another defense company, Raytheon Co. (NYSE:RTN - news), had challenged the FAA`s action.
Raytheon has been interested in the contract.

FAA spokeswoman Laura Brown said the agency could decide to seek bids on the contract, or to
rewrite its guidelines to make it clearer why Lockheed Martin should get the job without bids.

The agency initially said the FAA was considering going outside its usual procedure of seeking
competitive bids because of the complexity of the computer work, which Lockheed Martin has
demonstrated an ability to handle. The company currently holds a contract to maintain hardware for the
air traffic system.

The contract would be for several hundred million dollars.

-

On the Net:

FAA: http://www.faa.gov

Lockheed Martin: http://www.lockheedmartin.com

Raytheon Co.: http://www.raytheon.com

========================================

Wednesday June 20, 6:12 pm Eastern Time

Press Release

SOURCE: Lockheed Martin Aeronautics Company

Lockheed Martin Receives Prestigious Aviation Award for Joint Strike Fighter Technology

`Power By Wire` Flight Controls Will Reduce Life Cycle Costs and Improve Performance, Safety and
Survivability

FORT WORTH, Texas, June 20 /PRNewswire/ -- A team led by Lockheed Martin Aeronautics company has received Flight
International magazine`s 2000 Aerospace Industry Award for Engineering, Maintenance and Modification. The award was
presented in ceremonies on June 18 during the Paris Air Show.

``This flight demonstration was the culmination of years of technology maturation development work, and we have successfully
reduced electric actuation to low risk,`` said Paul Bavitz, executive vice president of Systems, Technology and Strategy
Development at Lockheed Martin Aeronautics, Fort Worth, Texas. ``Based on the payoff potential and the feasibility
demonstrated in the flight test program, electric actuation technology is a strong candidate for inclusion in future aircraft.``

Studies have shown that integrated subsystems (which an electric flight control actuation system is a major player) are more
reliable, maintainable, and affordable, and can result in a 13 percent reduction in life-cycle costs. Integrated subsystems can reduce
gross takeoff weight by as much as six percent, improving range and maneuver performance and reducing fuel costs. Finally,
elimination of critical hydraulic pumps, as well as the plumbing that transports highly flammable hydraulic fluid, reduces the aircraft
vulnerable area by 15 percent, thus improving safety and combat survivability.

The program was part of the Joint Strike Fighter/Integrated Subsystems Technology (J/IST) program. This government-sponsored
program was formed to reduce the risk of selected high-payoff technology candidates for the JSF program. The multirole JSF
family is projected to be the largest military program of the jet age, with potential worldwide sales of 5,000 aircraft.

The flight test bed is also known as the Advanced Fighter Technology Integration (AFTI)/F-16, which has been involved in major
flight testing of advanced fighter technologies for the F-16 and other aircraft during its 22-year tenure. In January of 2001, the
aircraft was ferried to Wright- Patterson AFB, Ohio, where it was retired and will be inducted into the U.S. Air Force Museum
there.

The nearly flawless flight test program consisted of seven flights conducted from Oct 24 through Nov 29, 2000, from Lockheed
Martin Aeronautics` facilities at Fort Worth, Texas. All flight test objectives were achieved, including testing at 500 knots at low
altitude and Mach 1.3 at 30,000 feet.

The F-16 flight test bed was extensively modified from 1997 through mid 2000. The existing integrated servo actuators for the
flaperons, horizontal tails, and rudder were replaced with electro-hydrostatic actuators. The aircraft was modified with a new power generation and distribution
system to provide 270-VDC electrical power required by the electric actuation system. Also, the aircraft instrumentation system was modified to record and transmit
test data from the new systems.

The new systems performed flawlessly, a rare occurrence for advanced flight systems on maiden flights. This system reliability was due to extensive supplier testing on
the ground -- more than 200 hours of electric actuator integration testing and 800 hours of endurance testing. The electric actuators proved to be more efficient in
power usage than projected for both steady state and peak demands, thereby increasing the potential benefits of the system.

Testing included evaluation of handling qualities at many points in the flight envelope. F-16 test pilots who flew the aircraft said the aircraft flew exactly the same as a
regular F-16 with hydraulic actuators.

This program accomplished an aviation first. It was the first manned aircraft of any type to fly with a total electric actuation system, i.e., no hydraulic or mechanical
backups.

The organizations and companies involved in this achievement, and their responsibilities were as follows:

-- U.S. Air Force Research Laboratory, Wright-Patterson AFB, Ohio --
primary funding and government oversight
-- Lockheed Martin Aeronautics Company, Fort Worth, Texas -- prime
contractor, integration of the electric actuation system and the
270-VDC electric power system, modification of the AFTI/F-16 aircraft,
and conduct of flight tests at own facilities
-- Parker Aerospace, Irvine, Calif. -- principle subcontractor and
developer of the electro-hydrostatic actuation system
-- Hamilton Standard, Rockford, Ill. -- principle subcontractor and
developer of the 270-VDC switched reluctance starter/generator system
-- Honeywell Engines and Systems, Torrance, Calif. -- principle
subcontractor and integrator of the emergency power unit and oil
cooling system
-- TRW Aeronautical Systems -- Lucas Aerospace, Aurora, Ohio -- principle
subcontractor for the development of the 270-VDC emergency generator
-- Eagle Picher, Joplin, Mo. -- principle subcontractor and developer of
the 270-VDC battery
-- BAE SYSTEMS, Santa Monica, Calif. -- subcontractor and developer of
the control electronics for the electro-hydrostatic actuation system


Lockheed Martin Aeronautics Company is a leader in the design, development, systems integration, production and support of advanced military aircraft and related
technologies. Its customers include the military services of the United States and allied countries throughout the world. Products include the F-22, F-16, F-117, C-5,
C-27J, C-130, P-3 and U-2. The company leads a team competing for the development and production of the Joint Strike Fighter.

LM Aeronautics is a unit of Lockheed Martin Corp. (NYSE: LMT - news), headquartered in Bethesda, Md. Lockheed Martin is a global enterprise principally
engaged in the research, design, development, manufacture and integration of advanced-technology systems, products and services. The corporation`s core
businesses are systems integration, space, aeronautics and technology services.

High-resolution photo available at:
http://www.lmaeronautics.com/image_gallery/pr_photos/index.h…

For information on Lockheed Martin Corporation, visit:
http://www.lockheedmartin.com
For information on Lockheed Martin Aeronautics Company, visit:
http://www.lmaeronautics.com

SOURCE: Lockheed Martin Aeronautics Company

===========================================

Thursday June 21, 7:13 am Eastern Time

Press Release

Advanced Communications Technologies -- Alliance with Lockheed Martin/Tenix Subsidiary RLM Systems

LOS ANGELES--(BUSINESS WIRE)--June 21, 2001--Advanced Communications Technologies Inc (OTCBB:ADVC - news;
ACT-US) today announced that its Australian based affiliate Advanced Communications Technologies (Australia) Pty Ltd
(ACT-Australia) had finalized an initial agreement to form a strategic business alliance with RLM Systems Pty Ltd (RLM), a joint
venture owned by Lockheed Martin (NYSE:LMT - news) and Tenix Australia Pty Ltd, on the 20th June, 2001. The alliance
initially provides for ACT-Australia to utilize a large number of RLM`s highly skilled engineers to accelerate the completion of the
commercial model of ACT`s SpectruCell multiple protocol wireless base station technology.

The first phase of this significant strategic alliance provides for RLM to assign the services of up to 40 engineers to the SpectruCell
project with that number increasing progressively up to as many as 300 engineers during the next 18 to 24 months. The
commitment of the additional resources envisaged by the alliance will enable ACT-Australia and RLM to jointly finalize the
development of ACT`s SpectruCell technology in order to bring the multiple protocol base station production model to market in a
more efficient time frame.

Due to the sensitivity and complexity of the potential scope of the alliance, full details will be announced as specific terms and
conditions for each phase are completed.

About Advanced Communications Technologies

Advanced Communications Technologies Inc. (OTCBB:ADVC - news) is a leader in the field of Software Defined Radio (SDR)
that in conjunction with its Australian based affiliate has developed a proprietary, multiple-protocol wireless base station --
SpectruCell. Through eliminating the use of Qualcomm (Nasdaq:QCOM - news) chipsets, protocol specific hardware and by
conducting all signal processing in software, SpectruCell provides for simultaneous support of multiple mobile communications
protocols (CDMA, WCDMA, UMTS, GSM & 3G) all in the same base station. Support for additional protocols is achieved
through the uploading of additional software modules. By implementing the company`s SpectruCell technology, network providers
will be able to maintain service to their existing customer base and preserve the full utilization of their existing network infrastructure
while at the same time securing a highly flexible migration path for evolving 3G-based protocols such as WCDMA and UMTS.
SpectruCell is complemented by several other wireless technologies currently under development in Australia. Advanced
Communication Technologies Inc. plans to market these products throughout North, South and Central America. For more
information regarding Advanced Communications Technologies, visit www.act-usa.net.

=========================================

Thursday June 21, 8:03 am Eastern Time

Press Release

SOURCE: Lockheed Martin Aeronautics Company

Lockheed Martin Delivers 25th C-130J to Royal Air Force

MARIETTA, Ga., June 21 /PRNewswire/ -- Lockheed Martin today delivered the 25th C-130J airlifter to the United Kingdom`s
Royal Air Force. This completes deliveries under the current production contract. The first aircraft was delivered to RAF
Lyneham, the RAF`s only Hercules operating base, on 23 November 1999.

The 25 Hercules, composed of 10 C-130Js, and 15 of the longer C-130J-30s, will equip 24 and 30 Squadrons. 24 Squadron will
be operational with the new aircraft this year, and 30 Squadron in spring, 2002.

The C-130Js, becoming widely known as the `Super Herc`, will supplement the 29 original Hercules that will still be flown by 47
and 70 Squadrons, also based at RAF Lyneham. These Hercules are scheduled for replacement in 2007.

``The Royal Air Force was the launch customer for the J, and it is with a tremendous sense of pride that I can conduct this
particular delivery``, said Ross Reynolds, vice president of Lockheed Martin`s C-130J program. ``The RAF will very soon have a
full operational capability that will put it, along with C-130J operators around the world, to the very forefront of airlift technology
and capability.``

The RAF`s C-130Js will soon be upgraded with the Block 5.3 avionics operational system, which will bring the aircraft to the
required build standard for the RAF to begin full tactical operations. The C-130J will bring a tremendous increase in operational
capability to the RAF.

Early last year in a clear demonstration of the aircraft`s capability as a strategic platform a Lockheed Martin flight crew, flying a
production-standard unmodified Royal Air Force C-130J, carried a 34,000 pound payload nonstop and unrefueled from
Fayetteville, N. C. (Pope AFB) to Cambridge, England. The crew set two new world aeronautical records during the flight, which
covered a distance of 3,916.04 statute miles (or 3,402.94 nautical miles).

111 C-130Js have been ordered around the world, with 69 having been delivered. Customers other than the UK include Italy,
Australia, Denmark and the U.S. Air Force, Marine Corps and Coast Guard.

Lockheed Martin Aeronautics Company is a leader in the design, development, systems integration, production, and support of
advanced military aircraft and related technologies. Its customers include the military services of the United States and allied
countries throughout the world. Products include the F-16, F-22, C-130J, F-117, U-2, and Joint Strike Fighter, among other
aircraft.

LM Aeronautics is a unit of Lockheed Martin Corporation (NYSE: LMT - news). Headquartered in Bethesda, Md., Lockheed
Martin is a global enterprise principally engaged in the research, design, development, manufacture, and integration of
advanced-technology systems, products, and services. The corporation`s core businesses are systems integration, space, aeronautics, and technology services.

SOURCE: Lockheed Martin Aeronautics Company

[Gatsby2]

No comment

Thursday June 21, 1:44 pm Eastern Time

Lockheed sees F-22 stealth jet transforming air battle

By Kristin Roberts

LE BOURGET, France, June 21 (Reuters) - Lockheed Martin Corp.`s (NYSE:LMT - news)
F-22 stealth fighter -- the closest yet to a truly invisible military plane -- will revolutionise battle from the air, said Paul Metz, a test
pilot on the project.

``These are some revolutionary capabilities,`` Metz told reporters at the Paris
Air Show on Thursday. ``How you use them will be an evolving process.``

The F-22 Raptor is being built by a team led by Lockheed, Boeing Co.
(NYSE:BA - news) and engine supplier Pratt & Whitney to replace the
country`s aging fighter fleet.

Defense industry analysts have said that, with its stealth characteristics and
advanced avionics system, the F-22 is the most advanced and capable
fighter in military aviation and could help to ensure U.S. supremacy in the
air.

Lockheed`s F-117 was called a stealth fighter but lacked a number of fighter
characteristics and flew at subsonic speed.

``No one`s had a stealthy fighter before,`` Metz said.

``Nobody`s been invisible before, so how would you use it? We`ll see totally different ways that fighter pilots fight. And those
changes will ripple from the pilots on down the chain.``

``There are systems in this that we can`t talk about but that change the way multiple planes fly together and fight together,`` Metz
said.

DEVELOPMENT PHASE

The project is in the engineering and manufacturing development phase.

The Air Force plans to buy 339 F-22 fighters to replace its fleet of F-15 Eagles, Lockheed said.

It said a government decision on whether to allow the programme to enter low rate initial production has been placed on hold as
Defense Secretary Donald Rumsfeld reviews military and spending priorities.

The first F-22 squadron is expected to be operational in 2005. Some fighters will be in place next year for maintenance training
and in 2003 for operational training.

The plane is the world`s first stealthy air dominance fighter, combining low signature technologies, supercruise engines, agility
through thrust vectoring and integrated avionics.

Lockheed said the Raptor`s software suite, Block 3.0 software, has allowed the fighter`s flight test fleet to detect, track and
potentially engage airborne threats without fear of being detected by enemy sensors.

The company declined to discuss which sensor, radar and infrared technologies the F-22 has been successful against, noting that
data was classified. Lockheed also would not detail the fighter`s self-protective instruments.

Metz, however, testified to the F-22`s invisible-like state.

``The F-22 does remain invisible,`` he said, ``and it`s a very unnerving thing to be in the test plane being targeted (by the F-22) and
you can`t see it, but you hear him radio that he has a tag on you and has simulated fire.``

[Gatsby2]

Sunday June 24, 5:48 pm Eastern Time

Press Release

SOURCE: Lockheed Martin Aeronautics Company

Lockheed Martin JSF X-35B Achieves Vertical Takeoff to Sustained Altitude

PALMDALE, Calif., June 24 /PRNewswire/ -- The supersonic Lockheed Martin Joint Strike Fighter X-35B launched vertically,
held its position and landed vertically today. The event was a first for a JSF demonstrator and a critical validation of the
revolutionary shaft-driven lift fan propulsion system.

``This lift fan system is a unique, next-generation leap in technology -- the same sort of aviation advance we saw when jets
replaced piston engines,`` said Harry Blot, a former Harrier test pilot who now serves as vice president and deputy program
manager for the Lockheed Martin JSF. ``We decided on this approach because the fan multiplies engine power and provides
tremendous lifting force with less engine strain. It also has huge payoffs in terms of freedom in designing the next-generation Joint
Strike Fighter.``

At 6:30 a.m. PDT at the Lockheed Martin plant in Palmdale, pilot Simon Hargreaves engaged the lift-fan propulsion system, and
the plane rose straight up to a sustained position at an altitude of about 25 feet above the ground.

``This was a stunning success. The lifting power is incredible and the handling is extremely precise,`` said Hargreaves of BAE
SYSTEMS, a veteran Harrier pilot. ``The flight occurred with minimal pilot inputs -- I was essentially a passenger. This speaks
volumes about the quality of the aircraft and the propulsion system.``

Hargreaves held the 35,000-pound X-35B in a stabilized position for 35 seconds, checking to ensure the flight controls responded
properly before returning the plane gently to the ground.

``This is absolutely breakthrough technology,`` said Tom Burbage, executive vice president and general manager of the Lockheed
Martin JSF program. ``Our team has worked tirelessly to make this system safe and reliable and to bring STOVL performance to
an extraordinary new level. We knew it would work. Now we`re getting to prove it.``

Subsequent flights will include conversions to and from conventional and STOVL modes, transitions from wing-borne to jet-borne
flight, short takeoffs, and vertical landings. Flight-test operations will move first to Edwards Air Force Base, Calif., then to Naval
Air Station Patuxent River, Md., where the aircraft`s sea-level capabilities will be demonstrated to the sea services. The aircraft
completed its wing-borne flight requirements last November.

The X-35B, designed to meet U.S. Marine Corps and Royal Navy/Royal Air Force requirements, features a unique propulsion
system in which a drive shaft from the Pratt & Whitney JSF119-611 engine turns a counterrotating lift fan that produces cool-air
lifting force during STOVL operations. The front-mounted fan works in concert with an articulating rear duct and under-wing
lateral-control nozzles to generate nearly 40,000 pounds of lifting power. Rolls-Royce produces the fan.

``We are proud to have played a key role in Lockheed Martin`s innovative STOVL solution,`` said Charles Hughes, Rolls-Royce vice president of JSF. ``The X-35B
has offered Rolls-Royce an exciting opportunity to team with aerospace industry leaders to work on a tremendous challenge. Our team has been excited by the
challenge, and has responded enthusiastically to tackling the complex technical issues and integration.``

Walt Sirmans, Pratt & Whitney`s program manager for the Lockheed Martin JSF119 engine program, said, ``The extraordinary performance and rock-solid
controllability demonstrated today confirms this concept and our readiness for the next phase.``

The Lockheed Martin team approach to the flight-test program is based on fielding and flying a demonstrator that is virtually identical to the production model, so
both technical risk and cost are reduced before the JSF`s production phase. Advanced manufacturing methods already demonstrated by the Lockheed Martin JSF
team will reduce manufacturing time by 66 percent and manufacturing costs by more than 50 percent over legacy fighter aircraft.

``What makes today`s feat even more remarkable is the fact that it was achieved at 2,500 feet elevation in the high desert, where engine performance is typically
lower compared to sea-level operations,`` Blot said. ``The airplane held its above-ground position at significantly less than full throttle.``

Lockheed Martin, in partnership with Northrop Grumman and BAE SYSTEMS, is in competition to build the JSF for the United States and United Kingdom.
Government selection of a single contractor for the Engineering and Manufacturing Development phase is set for fall 2001.

For photos and information on the JSF, visit: http://www.lmaeronautics.com

For government information on the Joint Strike Fighter program, visit http://www.jast.mil

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

SOURCE: Lockheed Martin Aeronautics Company

[Gatsby2]

Monday June 25, 6:05 pm Eastern Time

Press Release

SOURCE: Lockheed Martin IMS

San Diego`s Red Light Defense Team Promotes a Red Herring `Report`

Attempts to Mislead Press, Public Through Selective Disclosure

WASHINGTON, June 25 /PRNewswire/ -- A report issued by the San Diego-based Red
Light Legal Defense team purports to show that safety issues are not the primary concern of
San Diego`s photo traffic safety program. The program has been in place since 1999 and
achieved a reduction in red-light running of over 45 percent.

``I cannot believe anyone would accuse the San Diego traffic engineers office of endangering
public safety by tampering with traffic signal timing. Furthermore, we support the engineering
based standards used by the City of San Diego and we support making the current CalTrans
voluntary signal standards mandatory as is being proposed by California State Senator Steve
Peace,`` stated Lockheed Martin IMS Senior Vice President Bob Landolt.

Landolt pointed out that the strategy being employed by the Red Light Legal Defense team is
simply to twist the intent of the criteria used to identify which traffic lights should utilize this
technology. ``For instance, the trial lawyers suggest that including the criteria `high volume` in
the decision-making process is simply an attempt to make profits. The fact is with heavier
traffic, there is more red light running and a higher likelihood of accidents. Why would you
locate a photo safety camera where there is no volume of red light runners?``

Responding to the criticism of employing cameras at intersections with amber of less than four
seconds, Landolt said, ``Again this is done for safety reasons. These signals are typically used
in highly congested areas. The greatest risk to drivers and pedestrians is in areas where traffic
is dense, where population is likely to be dense, and where pedestrian traffic is likely to be
heavier. Employing cameras at those intersections is very sound public policy.``

Finally, Landolt responded to instances where a yellow light time has been lengthened and
there has been a drop in red light running violations and critics argue that yellow lights should
be lengthened everywhere.

``First, photo safety companies do not set amber times,`` Landolt stated. ``Second, in every
instance that a change has been implemented there has been an identified engineering need.
Arguing to lengthen yellow lights will only encourage people to try and `go for it` when they see
a yellow light. Finally, the Grand Avenue and Mission Bay intersection cited in the `report`
continues to have over 120 violations a month and be unsafe.``

Lockheed Martin IMS has strong track record of successful public-private partnerships and supports contract models in which
costs are not paid on the basis of per ticket productivity but rather a fixed assessment of the costs involved. All of the jurisdictions
in which Lockheed Martin IMS supplies red- light camera technology adhere to national voluntary standards for signal timing as
well as other system criteria.

``No matter how many red herrings the trial lawyers throw out in an attempt to rationalize their position, the facts speak for
themselves, these programs save lives,`` said Landolt.

Lockheed Martin IMS supplies the technology to San Diego as well as 35 other jurisdictions and confirmed that programs around
the country like San Diego`s are saving lives and have a strong track record of effectively deterring red-light running.

SOURCE: Lockheed Martin IMS

[Gatsby2]

Die Airshow ist vorüber, aber die Nachrichten fließen immer noch:

- Trotz allgemeiner sektoraler Flaute hat Lockheed Martin Commercial Space Systems einen schönen Satellitenauftrag einschließlich Start und Orbiting an Land gezogen;

- LM Aeronautics beginnt mit Ermüdungstests an den S-3 U-Boot-Jagdflugzeugen der US Navy.

Thursday June 28, 6:02 am Eastern Time

Press Release

Telesat Awards Lockheed Martin Contract for Powerful A2100 Satellite and Launch on Atlas V

SUNNYVALE, Calif.--(BUSINESS WIRE)--June 28, 2001--Lockheed Martin Commercial Space Systems (LMCSS) today
announced the award of a contract from Telesat Canada to build an A2100 geosynchronous satellite, with launch on an Atlas V
rocket provided by International Launch Services (ILS), backed up by a Proton. The Ku/Ka-band satellite, designated Nimiq 2,
will provide direct broadcast services across Canada following its scheduled launch in the fourth quarter of 2002. The satellite
represents the fourth new order of the year for Commercial Space Systems from several customers.

``Today`s announcement of plans for Nimiq 2 is yet another sign that Telesat is aggressively expanding its satellite fleet for the
future,`` said Larry Boisvert, Telesat`s president and CEO. ``The launch of Telesat`s second direct broadcast satellite will enable the
continued growth of our business. We`re very pleased to work with Lockheed Martin and ILS -- our partners on the launch of the
historic Nimiq 1 satellite in 1999.``

Nimiq 2, a high power Ku/Ka-band satellite, will be located at 91 degrees West longitude. The spacecraft features 32 active 24
MHz Ku-band transponders with 120 watt power amplifiers, and also has a Ka-band payload that will provide broadband
services. Nimiq 2 will be an A2100AX satellite, manufactured by Lockheed Martin Commercial Space Systems, with a minimum
service life of 12 years. The satellite`s name -- chosen from 36,000 submissions in a national contest in 1998 -- is an Inuit word for
any object or force that unites things or binds them together.

``We are extremely pleased that Telesat has selected Lockheed Martin to provide the Nimiq 2 direct broadcast satellite and the
Atlas V rocket,`` said Ted Gavrilis, president, Lockheed Martin Commercial Space Systems. Nimiq I is also an A2100 series
satellite manufactured by Lockheed Martin and has been providing direct-to-home satellite television to consumers across Canada
since 1999. ``Telesat is a valued customer and we are honored that another A2100 spacecraft will serve their growing business,``
added Gavrilis.

``ILS launched the first Nimiq satellite on a Proton in May 1999, and we welcome the opportunity to launch Nimiq 2 on an Atlas
V,`` said ILS President Mark Albrecht. ``Having repeat business means customers are confident we`ll provide reliable launch
vehicles and dependable schedules.`` ILS manages launches on both the Lockheed Martin-built Atlas vehicles and the Proton
rockets built by Khrunichev of Russia.

The first vehicle in the high-performance Atlas V series has been built by Lockheed Martin Space Systems in Denver, and was
recently shipped to Cape Canaveral, Fla. It will be ready for launch in the second quarter of 2002. The Atlas V family is designed
to lift payloads from 4900 kg to nearly 8700 kg to geosynchronous transfer orbit (GTO). It incorporates state-of-the-art designs,
materials and processes, including the throttleable, Russian-built RD-180 engine, the first variable-thrust main engine to power a U.S. expendable launch vehicle. The
RD-180 and most of the other technologies for Atlas V were flight-proven last year, during ILS` successful initial launch of the Atlas III rocket.

The A2100 geosynchronous spacecraft is designed to meet a wide variety of telecommunications needs ranging from Ka band/broadband services, fixed satellite
services in a hybrid Ku- and C-band payload configuration, to high-power direct broadcast services using the Ku-band frequency spectrum. The A2100`s modular
design features a reduction in parts, simplifying construction, increasing on-orbit reliability and reducing weight and cost.

About Telesat (http://www.telesat.ca)

Telesat is the world`s most experienced commercial satellite operator. The company made history in 1972 with the launch of the first domestic commercial
communications satellite in geostationary orbit. Based in Ottawa, Canada, Telesat now provides telecommunications and broadcast distribution services throughout
the Americas and is a leading consultant, operator and partner in satellite ventures around the globe. Telesat is a wholly owned subsidiary of BCE Inc., one of the
world`s leading telecommunications companies.

About ILS

ILS is a joint venture formed in 1995, with Lockheed Martin Corp. in the United States, and Khrunichev State Research and Production Space Center and RSC
Energia in Russia. It provides launch services to customers worldwide, including technical, management and marketing expertise.

ILS` Atlas rockets and their Centaur upper stages are built by Lockheed Martin Space Systems Company -- Astronautics Operations at facilities in Denver, Colo.;
Harlingen, Texas; and San Diego, Calif. The three-stage Proton and the Breeze M upper stage are produced by Khrunichev State Research and Production Space
Center at its factory near Moscow. The alternative Block DM fourth stage is built by RSC Energia, also near Moscow. ILS offers the broadest range of launcher
products in the world along with the highest reliability in the industry. For more information, visit http://www.ilslaunch.com.

About Lockheed Martin Commercial Space Systems

Lockheed Martin Commercial Space Systems markets, designs and builds geostationary and non-geostationary telecommunications and remote sensing satellites for
customers worldwide. LMCSS is an operating unit of Lockheed Martin Space Systems Company, one of the core business areas of the Lockheed Martin
Corporation (NYSE:LMT - news). Lockheed Martin has a 41-year heritage of building reliable spacecraft for commercial and military customers, having launched
more than 875 spacecraft and clocking nearly 1,500 years of on-orbit performance experience.

For more information about Lockheed Martin Commercial Space Systems, see our web site at http://www.lmcommercialspace.com.

Contact:

Lockheed Martin
Steve Tatum, 408/742-7531 or Pager: 888/926-2912
(satellite)

=====================================================

Thursday June 28, 6:08 am Eastern Time

Press Release

SOURCE: Lockheed Martin Aeronautics Company

Lockheed Martin Aeronautics Begins S-3 Viking Full Scale Fatigue Testing

MARIETTA, Ga., June 28 /PRNewswire/ -- Lockheed Martin Aeronautics Company yesterday began full scale fatigue testing
(FSFT) of a U.S. Navy S-3 Viking anti-submarine warfare (ASW) aircraft at its facility here.

``This marks an important milestone in the S-3 program,`` Mark Jarvis, the S-3 program`s manager, said. ``The future of the U.S.
Navy S-3 community hinges upon the data generated by these fatigue tests.``

The S-3 Viking has been and continues to be the backbone of the U.S. Navy`s ASW fleet and one of the key components of the
U.S. Navy`s worldwide maritime dominance. Originally built at Lockheed Martin`s Burbank, Calif., facility, the S-3 has been in
naval service since the 1970s.

The S-3 is currently certified for a structural life of 13,000 hours, which the Viking fleet is rapidly approaching. The S-3 FSFT
program will determine how much longer the Navy could keep their Vikings flying.

``The U.S. Navy and the Defense Department have chosen to extend the operational service of this much honored aircraft, and it is
up to the Lockheed Martin/Navy Integrated Product Team to determine by how much that service can be extended,`` Jarvis said.
``Their decision to continue operational use of the S-3 Viking will provide the Navy with extended and unmatched ASW capability
for years to come.``

The U.S. Government, with data provided by LM Aeronautics` FSFT program, hopes to certify the S-3`s operational life through
17,750 flight hours through these fatigue tests. Lockheed Martin has been prepping an S-3 fatigue test article since winning the
Navy`s $40 million contract for this work in 1998. The fatigue testing -- which encompasses ``bending and flexing`` the aircraft to
determine the physical limitations of the components and materials from which it is made -- should conclude in late 2002.

Lockheed Martin Aeronautics Company is a leader in the design, development, systems integration, production and support of
advanced military aircraft and related technologies. Its customers include the military services of the United States and allied
countries throughout the world. Products include the F-16, F-22, C-130J, F-117, U-2, X-33 and Joint Strike Fighter, among
other renowned aircraft.

LM Aeronautics is a unit of Lockheed Martin Corporation (NYSE: LMT - news). Lockheed Martin is headquartered in Bethesda,
Md., and is a global enterprise principally engaged in the research, design, development, manufacture and integration of
advanced-technology systems, products and services. The corporation`s core businesses are systems integration, space,
aeronautics, and technology services.

For more information about LM Aeronautics, please visit http://www.lmaeronautics.com . For more information about Lockheed Martin Corporation, please visit
http://www.lockheedmartin.com

SOURCE: Lockheed Martin Aeronautics Company

[Gatsby2]

Die Überschrift spricht für sich:

Friday June 29, 6:22 pm Eastern Time

Press Release

SOURCE: Lockheed Martin Aeronautics Company

First Marine Corps Pilot Hovers in JSF X-35B; An Aviator`s `Dream`

PALMDALE, Calif., June 29 /PRNewswire/ -- The U.S. Marine Corps today got its first pilot
evaluation of the Lockheed Martin Joint Strike Fighter`s vertical takeoff, hover and vertical
landing performance.

Maj. Art ``Turbo`` Tomassetti became the first Marine and only the second pilot to fly the
short-takeoff/vertical landing (STOVL) X-35B, which is demonstrating JSF requirements for
the Marines and the United Kingdom Royal Air Force/Royal Navy. With today`s flight,
Tomassetti also becomes the first pilot to have flown all three X-35 variants: the X-35A, X-35B
and X-35C.

``On a hot day in the high desert, the X-35B demonstrated the kind of vertical performance that
Harrier pilots dream about,`` said Tomassetti, a Harrier pilot who also serves as X-35 test pilot
for the Marine Corps. ``With my three press-ups today I am convinced that we are on the right
track.

``No matter how many times you do it, hovering a jet airplane always feels a little magical, and
today was no exception. My compliments to the entire team for putting together a very nice
hovering machine.``

Tom Burbage, executive vice president and general manager of the Lockheed Martin JSF
program, characterized Tomassetti`s flight as a milestone.

``Getting a U.S. Marine in the X-35B`s cockpit represents a critical step forward in our flight
test program, because this is the airplane Marine pilots will rely upon in the future,`` Burbage
said. ``As we saw today, the X-35B continues to demonstrate phenomenal lifting power in
unfavorable conditions: 2,500-foot high-desert elevation with temperatures above 80 degrees
Fahrenheit. And the airplane is incredibly stable.``

A Royal Air Force pilot is scheduled to fly the aircraft over the weekend.

The X-35B made its first vertical takeoff and vertical landing on June 23, and since then has
hovered numerous times at up to 50 feet above the ground.

Upcoming milestones include a flight to Edwards Air Force Base, Calif., where the plane will
transition from conventional flight to hover, and will execute short takeoffs and vertical landings. As configured, the aircraft is
ready for supersonic flight.

The X-35B features a unique propulsion system in which a drive shaft from the Pratt & Whitney JSF119-611 engine turns a
counterrotating lift fan that produces cool-air lifting force during STOVL operations. The Rolls-Royce fan, actuated by a clutch
that can be engaged at any power setting, works in concert with an articulating rear duct and under-wing lateral-control nozzles to
generate nearly 40,000 pounds of lifting power.

The Lockheed Martin team approach to the STOVL flight-test program is based on fielding and flying a demonstrator that solves
the marginal thrust levels associated with direct-lift STOVL aircraft, so that both technical risk and cost are reduced before the
JSF`s production phase.

Advanced manufacturing methods already demonstrated by the Lockheed Martin JSF team will reduce manufacturing time by 66
percent and manufacturing costs by more than 50 percent over legacy fighter aircraft.

Lockheed Martin, in partnership with Northrop Grumman (NYSE: NOC - news) and BAE SYSTEMS, is in competition to build
the JSF for the United States and United Kingdom. Government selection of a single contractor for the Engineering and
Manufacturing Development phase is set for fall 2001.

For photos and information on the JSF, visit: http://www.lmaeronautics.com

For government information on the Joint Strike Fighter program, visit http://www.jast.mil

For information on Lockheed Martin Corporation (NYSE: LMT - news), visit: http://www.lockheedmartin.com

SOURCE: Lockheed Martin Aeronautics Company

[Gatsby2]

Im Grunde die gleiche Nachricht, wie die letzte. Aber weil`s so schön war:

Monday July 2, 3:02 pm Eastern Time

Press Release

SOURCE: Lockheed Martin Aeronautics Company

Royal Air Force Pilot Goes Vertical in Lockheed Martin`s JSF X-35B; `It Was Awesome`

PALMDALE, Calif., July 2 /PRNewswire/ -- Squadron Leader Justin Paines has become the
first Royal Air Force pilot to evaluate the vertical takeoff, hover and vertical landing
performance of the supersonic Lockheed Martin Joint Strike Fighter X-35B.

Paines, a Harrier pilot who was selected to test the X-35 demonstrator aircraft for the United
Kingdom, roared into the air with a series of three hovers for a total of eight and a half minutes
at the Lockheed Martin plant in Palmdale, Calif., on June 30.

``It was awesome. The aircraft performed flawlessly,`` Paines said. ``The system produces an
incredible amount of thrust, 15 or 20 tons of thrust, even here in the high desert in summer, and
yet we can control that thrust with the precision required to maneuver the aircraft in the hover.

``Apart from having to adhere to the upcoming flight-test phase, there was nothing that would
have stopped me accelerating away to supersonic speed with the same aircraft.``

Of the three pilots who have flown the short-takeoff/vertical landing (STOVL) aircraft, two
are citizens of the United Kingdom: Paines and Chief Test Pilot Simon Hargreaves of BAE
SYSTEMS. The third, Maj. Art Tomassetti, is a U.S. Marine Corps Harrier pilot.

U.K.-based BAE SYSTEMS, along with U.S. defense contractor Northrop Grumman (NYSE:
NOC - news), is a major partner on the Lockheed Martin JSF program.

The X-35B is designed to fulfill performance requirements for the Royal Air Force, Royal
Navy and U.S. Marines. It made its first vertical takeoff and vertical landing on June 23,
becoming the first JSF demonstrator to achieve those milestones. Since then it has hovered
numerous times at up to 50 feet above the ground, and will begin transitions from conventional
flight to hover in the coming weeks.

The X-35B features a unique propulsion system in which a drive shaft from the Pratt &
Whitney JSF119-611 engine turns a counterrotating lift fan that produces cool-air lifting force
during STOVL operations. The Rolls-Royce fan, actuated by a clutch that can be engaged at
any power setting, works in concert with an articulating rear duct and under-wing
lateral-control nozzles to lift the aircraft with nearly 40,000 pounds of vertical force. Because
the fan amplifies the engine`s power, the engine is able to run cooler and with less strain,
increasing reliability and extending service life. The lift fan provides the propulsion system with about 10,000 pounds more thrust
than the engine alone could generate.

``The incredible operational capability foreseen for JSF, coupled with JSF`s low cost and with the flexibility of STOVL operations,
will be an unbeatable military asset,`` Paines said. ``JSF is the fighter program to top all others. I am proud of the technical
contribution the U.K. has made to the program and mighty relieved that the U.K. is a part of it!``

The Lockheed Martin team approach to the STOVL flight-test program is based on fielding and flying a demonstrator that solves
the marginal thrust levels associated with direct-lift STOVL aircraft, so that both technical risk and cost are reduced before the
JSF`s production phase.

Advanced manufacturing methods already demonstrated by the Lockheed Martin JSF team will reduce manufacturing time by 66
percent and manufacturing costs by more than 50 percent over legacy fighter aircraft.

Lockheed Martin, in partnership with Northrop Grumman and BAE SYSTEMS, is in competition to build the JSF for the United
States and United Kingdom. Government selection of a single contractor for the Engineering and Manufacturing Development
phase is set for fall 2001.

For photos and information on the JSF, visit: http://www.lmaeronautics.com

For government information on the Joint Strike Fighter program, visit www.jast.mil

For information on Lockheed Martin Corporation (NYSE: LMT - news), visit: http://www.lockheedmartin.com

SOURCE: Lockheed Martin Aeronautics Company

[Gatsby2]

Tuesday July 3, 8:37 am Eastern Time

Kuwait minister goes to Egypt for air defence deal

By Ashraf Fouad

KUWAIT, July 3 (Reuters) - Kuwait`s Defence Minister Sheikh Jaber al-Hamad al-Sabah flew to Egypt on Tuesday to revive an
air defence deal, possibly worth $130 million and explore cooperation in arms manufacturing.

Sheikh Jaber also indicated before leaving for Cairo that a long-awaited programme to purchase from Western
firms a state- of-the-art command and control system, originally valued at $1.2 billion, could come to fruition this
year.

Kuwait`s Supreme Defence Council has a priority list ... ``and no doubt this is an important issue. I hope the
military procurement budget will cover this...God willing, this year.``

Some Western defence sources said there were unconfirmed reports that the command, control,
communications, computers and intelligence (C4I) project could be reopened for bidding.

An alliance between Britain`s BAE Systems(quote from Yahoo! UK & Ireland: BA.L) and Lockheed Martin
(NYSE:LMT - news) of the United States was seen as front runner in an earlier stage of the race for the
lucrative deal.

A second consortium is led by Raytheon Co (NYSE:RTN - news) while Litton Data Systems, also of the U.S., led a third group.

EGYPT AIR DEFENCE ORDER DONE DEAL

Sheikh Jaber told reporters of his Cairo visit:``The issue of the (Amoun) air defence system is almost a done deal, there are no problems with it.``

Kuwait recently revived a requirement to buy up to four additional batteries of the Egyptian-Italian Amoun system, a plan which was first announced after the 1991
Gulf War that ended Iraq`s seven-month occupation of Kuwait.

An Egyptian negotiating team held talks on the deal in Kuwait just ahead of the minister`s three-day visit.

Defence sources told Reuters that Kuwait was expected to order two batteries in the first phase of the programme.

Amoun is a standard air defence system comprising surface- to-air missiles and anti-aircraft guns linked to a fire control radar network. Sheikh Jaber earlier told
Reuters the deal was worth around $130 million.

Egypt sold Kuwait five Amoun batteries at the height of the 1980-88 Iran-Iraq war which were mainly used against Iranian missiles fired to punish the small state for
supporting Baghdad.

The new deal is expected to include upgrades and maintenance for the five batteries sources said were in poor condition.

Iraq seized another five Amoun batteries from Kuwait which were delivered only three months before Baghdad`s troops invaded in 1990.

Sheikh Jaber`s hosts plan an extensive programme of visits in Egypt, including tours of military industrial plants.

The most populous Arab state has one of the strongest Arab armies and a relatively advanced arms industry.

[Gatsby2]

Ein kleiner Auftrag, aber gut für die PR:



Tuesday July 3, 1:05 pm Eastern Time

American spy plane to be reassembled in Georgia

ATLANTA, July 3 (Reuters) - It will take several months to reassemble the dismantled U.S. EP-3 spy plane flown out of China Tuesday after being held on Hainan Island since April, technicians said.

The $80 million EP-3, which is being transported by a Russian Antonov cargo plane, is expected to be unloaded Thursday at a Lockheed Martin Corp. (NYSE:LMT - news) facility at Dobbins Air Reserve Base in Marietta, Georgia about 20 miles (32 km) north of Atlanta, Lockheed spokesman Greg Caires said.

Caires said Lockheed had a $5 million contract with the U.S. government to retrieve the plane, which includes dismantling it and returning it to the United States.

``We`re in the final phase of negotiating a contract with the Navy to rebuild the airplane,`` Caires said. If Lockheed gets the contract, the plane would be at its facility for several months of reassembly, Caires said.

The damaged plane, loaded with surveillance equipment, had been on China`s Hainan Island since April 1, when it made an emergency landing at the Lingshui naval air base after colliding with an intercepting Chinese fighter jet. None of the U.S. crew was seriously injured but the Chinese pilot was killed.

China held the 24-member EP-3 crew for 11 days after the collision in a standoff that roiled U.S.-China relations just after George W. Bush became the U.S. president.

It released the crew members only after Washington said it was ``very sorry`` for the death of the Chinese pilot and for the spy plane`s landing on Hainan without permission.

The United States had originally intended to repair the plane and fly it out, but China said allowing the plane to fly off Hainan would be a national humiliation. Beijing eventually agreed to let the plane be dismantled and flown out.

[Gatsby2]

Monday July 9, 7:12 pm Eastern Time

Press Release

SOURCE: Lockheed Martin Missiles and Fire Control

Lockheed Martin`s PAC-3 Missile Achieves Major Flight Test Milestones

DALLAS, July 9 /PRNewswire/ -- Lockheed Martin`s Patriot Advanced Capability-3 (PAC-3)
Missile program achieved major system success today at White Sands Missile Range, N.M. by
meeting two key flight test milestones.

The first objective was to track and radar lock tactical ballistic missile (TBM) and aircraft
targets in the presence of radar jamming. The success of today`s mission proved the PAC-3
Missile`s ability to engage targets in an electronic countermeasure environment, a requirement
of the PAC-3 Missile test program.

A second developmental test milestone was achieved when the PAC-3 Missile intercepted and
destroyed an aircraft target, a remotely piloted F-4 with an on-board radar-jamming device.
With the intercept of the aircraft target, the PAC-3 Missile has now demonstrated its ability to
defeat the entire spectrum of threats to the Patriot Air Defense System: tactical ballistic
missiles, cruise missiles and aircraft targets. Being able to defeat these three types of threat
targets is another operational requirement of the PAC-3 Missile.

The mission at White Sands involved two PAC-3 Missiles and two targets. The first PAC-3
Missile successfully intercepted and totally destroyed the F-4 target aircraft. The second
PAC-3 Missile radar-locked the Hera TBM, a target the PAC-3 Missile has intercepted and
destroyed multiple times in past missions, but did not achieve intercept. Analysis will be
conducted over the next few days so corrective action can be taken.

``Today`s test was a success from our perspective,`` said James (Jim) F. Berry, president of
Lockheed Martin Missiles and Fire Control. ``This is an incredible machine that has now
proven conclusively that it is fully capable to handle the entire threat to the Patriot Air Defense
System, even in electronic countermeasure environments.``

Operationally, the tactical doctrine for the PAC-3 Missile will be to fire two missiles at
incoming TBM targets, as was the case on March 31, 2001. In that ``tactical ripple mode`` test,
two PAC-3 Missiles were fired at the same Hera target, with the first missile intercepting the
TBM and destroying it. The second missile then performed the planned tactical self-destruct
maneuver.

PAC-3 is one of the world`s most sophisticated technologies. The PAC-3 Missile boasts 11 successes out of 12 flights over the
past three years, with eight intercepts in nine attempts, an overall 92 percent success rate for the flight test program.

The flight was the first combined Developmental Test/Operational Test (DT/OT) of the PAC-3 flight test program. Patriot
soldiers from the 2nd of the 43rd Air Defense Battalion, Fort Bliss, Texas, participated in launch operations.

Lockheed Martin Missiles and Fire Control, Dallas, Texas, is the prime contractor responsible for the PAC-3 Missile segment
upgrade to the Patriot air defense system, which consists of the PAC-3 Missile, the missile canisters, the Fire Solution Computer
and the Enhanced Launcher Electronics System.

The PAC-3 Missile intercept successes:
March 15, 1999 - Successful intercept of TBM -- September 16, 1999 - Successful intercept of TBM -- February 5, 2000 -
Successful intercept of TBM -- July 22, 2000 - Successful intercept of low-flying cruise missile -- July 28, 2000 - Successful
intercept of low-flying cruise missile -- October 14, 2000 - Successful intercept of TBM -- March 31, 2001 - First ``Tactical Ripple
Mode`` test - successful

intercept of TBM by first PAC-3 Missile; successful tactical self-

destruct of second PAC-3 Missile
July 9, 2001 - Successful intercept of an F-4 remotely piloted aircraft by PAC-3 Missile

In addition to the 11 successful PAC-3 Missile flight tests, the PAC-3`s predecessor missile, the Extended-Range Interceptor,
demonstrated three hits in a row during the demonstration/validation program in 1994. Two of those tests involved TBM targets
and one involved an air-breathing target (simulating a cruise missile or aircraft).

The PAC-3 Missile is a high velocity, hit-to-kill missile and is the next generation Patriot missile being developed to provide
increased capability against advanced theater ballistic missile, cruise missile and hostile aircraft. The PAC-3 Missile kills incoming
targets by direct, body-to-body impact. The PAC-3 Missiles, when deployed in a Patriot battery, will significantly increase the
Patriot system`s firepower, since 16 PAC-3 Missiles load-out on a Patriot launcher, compared with four of the old Patriot missiles.

Located in Dallas, Tex.; Orlando, Fla.; and Sunnyvale, Calif., Lockheed Martin Missiles and Fire Control develops, manufactures
and supports advanced combat, missile, rocket and space systems. The company is organized in seven program/mission areas:
Strike Weapons, Air Defense, Anti-Armor, Naval Munitions, Fire Control and Sensors, Fire Support and Product Development

Headquartered in Bethesda, Maryland, Lockheed Martin (NYSE: LMT - news) is a global enterprise principally engaged in the
research, design, development, manufacture and integration of advanced-technology systems, products and services. The
Corporation`s core businesses are systems integration, space, aeronautics and technology services.

SOURCE: Lockheed Martin Missiles and Fire Control

[Gatsby2]

Tuesday July 10, 6:03 pm Eastern Time

Press Release

SOURCE: Lockheed Martin Aeronautics Company

JSF X-35B Converts to STOVL, Goes Supersonic in the Same Flight

EDWARDS AIR FORCE BASE, Calif., July 10 /PRNewswire/ -- The Lockheed Martin Joint Strike Fighter X-35B engaged its
short-takeoff/vertical landing (STOVL) system and made a supersonic dash in the same flight on Monday, July 9, near Edwards
Air Force Base.

Pilot Simon Hargreaves took off, climbed to 9,000 feet and successfully engaged the shaft-driven lift fan propulsion system at 180
knots. He then accelerated to an indicated Mach 1.08, marking the first time a JSF demonstrator has achieved a STOVL mode
conversion and sustained supersonic flight in a single sortie.

The test marked the X-35B`s first in-flight conversion to STOVL mode. Late last month, the aircraft completed 17 vertical
takeoffs, hovers and vertical landings at the Lockheed Martin plant in Palmdale, Calif. Hargreaves flew the aircraft to Edwards on
July 3 to begin the in-flight STOVL and conventional-flight testing series for the X-35B.

``By performing these missions that combine both STOVL and high-speed up-and-away objectives, we are demonstrating that the
system we have designed, built and certified for flight can easily execute both flight modes in a single sortie,`` said Tom Burbage,
executive vice president and general manager of the Lockheed Martin JSF program. ``Our team will continue to expand the
in-flight STOVL envelope in an aircraft that is essentially identical to the JSF we intend to produce for the armed forces of the
United States and United Kingdom. The X-35B is in the same configuration it was when we performed our hover tests, and its
configuration will remain unchanged throughout the flight-test program.``

The X-35B features a unique propulsion system in which a drive shaft from the Pratt & Whitney JSF119-611 engine turns a
counterrotating lift fan that produces cool-air lifting force during STOVL operations. The Rolls-Royce fan, actuated by a clutch that
can be engaged at any power setting, works in concert with an articulating rear duct and under-wing lateral-control nozzles to lift
the aircraft with nearly 40,000 pounds of vertical force. Because the fan amplifies the engine`s power, the engine is able to run
cooler and with less strain, increasing reliability and extending service life. The lift fan provides the propulsion system with about
10,000 pounds more thrust than the engine alone could generate.

All of the X-35B vertical takeoffs, hovers and landings were accomplished at 2,500 feet elevation, at temperatures up to 94 F.

The Lockheed Martin team approach to the STOVL flight-test program is based on fielding and flying a demonstrator that solves
the marginal thrust levels associated with direct-lift STOVL aircraft, so that both technical risk and cost are reduced before the
JSF`s production phase.

Advanced manufacturing methods already demonstrated by the Lockheed Martin JSF team will bring significant reductions in manufacturing time and costs over
legacy fighter aircraft.

Lockheed Martin (NYSE: LMT - news), in partnership with Northrop Grumman (NYSE: NOC - news) and BAE SYSTEMS, is in competition to build the JSF for
the United States and United Kingdom. Government selection of a single contractor for the Engineering and Manufacturing Development phase is set for fall 2001.

For photos and information on the JSF, visit: http://www.lmaeronautics.com.

For government information on the Joint Strike Fighter program, visit http://www.jast.mil.

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

SOURCE: Lockheed Martin Aeronautics Company

[Gatsby2]

Eine schon fast witzige Nachricht, denn wenn das, was die Überschrift andeutet wirklich so stimmen würde, dann hätte die Airforce es wohl kaum veröffentlicht. Was mag sie wohl dazu bewogen haben ...

Wednesday July 11, 5:32 pm Eastern Time

U.S Air Force combat readiness dips to 14-year low

By Jim Wolf

WASHINGTON, July 11 (Reuters) - The U.S. Air Force`s overall combat readiness has hit its
lowest point in 14 years, largely because of aging warplanes and their higher maintenance costs, service chiefs told Congress on
Wednesday.

The average age of Air Force aircraft is almost 22, the service`s secretary,
James Roche, and chief of staff, Gen. Michael Ryan, told the House
Armed Services Committee.

``Our dominance of the full spectrum of operations tends to overshadow
what has happened to our readiness,`` they said in an Air Force ``posture``
statement detailing the state of force.

Even if current procurement plans are fully funded -- allowing the service
to buy about 100 aircraft per year in coming years -- aircraft average age
would reach nearly 30 by 2020, the service said.

The Air Force budget request for fiscal 2002, which begins October 1,
would increase to 13 aircraft, from an earlier projected 10, the initial
procurement of the Lockheed Martin Corp. (NYSE:LMT - news) F-22
fighter, the service`s top new weapons priority.

On Tuesday, the Air Force asked Congress to remove a ``cap`` on engineering and manufacturing development costs of the F-22
mandated in 1997 to prevent cost overruns. Air Force acquisition chief Darleen Druyan said continued enforcement of the cap
would require Lockheed to scrimp on testing.

Currently, two government projections put the production cost of the 339 planes the Air Force wants to buy at an unspecified sum
above the $37.6 billion specified by Congress, Druyan said.

The Air Force is also seeking to boost funding for development of the Joint Strike Fighter warplane; increase procurement of
Boeing Co. (NYSE:BA - news) C-17 jumbo transports; sustain procurement of two Lockheed C-130 transports and increase
funding for procurement of Northrop Grumman Corp. (NYSE:NOC - news) Global Hawk unmanned reconnaissance aircraft
under development.

Boeing and Lockheed are test-flying competing designs for the Joint Strike Fighter, which would be a highly common family of
multi-role warplanes for the Air Force, Navy, Marine Corps and British Royal Air Force and Navy. The winning contractor is to
be announced on or about October 1.

The posture statement said overall Air Force readiness was lower than any time since June 1987, a high water mark of the Cold
War defense buildup under then-President Ronald Reagan.

``We are capable of winning today; however, we are concerned about these trends in readiness indicators,`` the Air Force leaders
said.

In highlighting the aging aircraft issue, they cited less-predictable failures, more complicated repairs and parts that were harder to
come by and costlier.

To level off the trend of increasing age, the Air Force would have to procure about 150 aircraft per year, the posture statement
said, and to start reducing the average age, procure about 170 aircraft per year.

``We are working to slow down the aging of our fleet and infrastructure, but the climbing costs of operations and maintenance, as
well as competing modernization effectiveness goals, continue to prevent that from happening,`` the Air Force said.

Competing priorities include a raft of projects tied to antiballistic missile defense, including space-based infrared systems to warn
of missile launches, a laser-interceptors being built into the nose of a modified Boeing 747 and an experimental space-based laser.

[Gatsby2]

Wenn man die Nachrichten von gestern und heute zusammen nimmt, scheinen die US-Streitkräfte Lockheed geradezu zu lieben.



Thursday July 12, 4:11 pm Eastern Time

US Navy chief wants new destroyer amid tight funds

By Jim Wolf

WASHINGTON, July 12 (Reuters) - The top U.S. Navy officer said Thursday he would
recommend the service stick to its plan to build a multi-billion-dollar class of new destroyers
despite a crunch on funds for new warships.

``I`d love to have DD-21,`` Admiral Vernon Clark, the chief of naval
operations, told Reuters, referring to the Zumwalt- class destroyer designed
chiefly to support Marines ashore with long-range firepower. He called the
program ``central to our transformation effort`` for the 21st century.

The DD-21 is one of the biggest U.S. arms programs apparently in danger
of being killed in Defense Department strategy reviews under way.

On May 31, the Navy announced it was delaying the selection of a team to
build as many as 32 of the ships at a combined value of up to $30 billion
pending the outcome of the studies.

The rival teams -- headed by General Dynamics Corp.`s (NYSE:GD -
news) Bath Iron Works Shipyard and Lockheed Martin Corp. (NYSE:LMT
- news) on the one hand and by Litton Industries` (NYSE:LIT - news)
Ingalls shipyard division and Raytheon Co. (NYSE:RTN - news) on the
other -- had been scheduled to make their ``best and final`` contract proposals to the Navy in early June.

The program`s prospects have been further clouded by Air Force Gen. James McCarthy, who headed a panel on ``transformation``
for Defense Secretary Donald Rumsfeld.

McCarthy on June 7 told reporters both the DD-21 and the experimental CVN(X) aircraft carrier were absent from his panel`s
report because, ``We were not persuaded they were truly transformational.``

Clark spelled out his recommendation to build the new destroyer during a break in his testimony to the House Armed Services
Committee. He was discussing the Navy`s $99 billion amended budget request for fiscal 2002, which starts Oct. 1.

The budget provides for six new ships and 88 naval aircraft next year, three fewer than needed to sustain the approximately
316-ship Navy recommended in the 1997 congressionally mandated Quadrennial Defense Review, the most recent such blueprint.

The budget also provides continued research and development funds for the DD-21, which features electric-drive engines,
reduced manning concepts, advanced radar technology and a powerful new gun.

At current funding levels, the Navy would shrink to 230 ships over time, not enough to cover the force projection requirements of
the United States for the foreseeable future, Clark said. Low orders were also undercutting the defense industrial base.

``We are paying a premium in program cost today and realizing substantial cost growth because of production inefficiencies due to
the lack of economies of scale,`` he said, calling for ``level funding`` for procurement that would let the Navy work more closely
with the shipbuilding industry.

Clark declined comment on the rival bids for Newport News Shipbuilding Inc. (NYSE:NNS - news), the Navy`s sole source of
nuclear- powered submarines and aircraft carriers, from General Dynamics and Northrop Grumman Corp. (NYSE:NOC - news)

Ike Skelton of Missouri, the panel`s top Democrat, said that, even at its current number of ships the size of the Navy was ``wholly
inadequate`` for the range of its missions. Skelton said a 400-ship Navy should be a ``top priority.``

Navy Secretary Gordon England told the committee that merely preserving a Navy of 316 or so ships would require an additional
$3 billion a year in procurement funds.

[Gatsby2]

Nachdem der letzte Test wegen des Versagens einer Steuerungseinheit zum Flop geworden war, hat es diesmal wohl geklappt: Die USA demonstrieren erstmals erfolgreich den Abschuß eines Sprengkopfes mit ihrem Raketenabwehrsystem.

Sunday July 15, 1:20 am Eastern Time

Press Release

Two Lockheed Martin Rockets Successfully Launched
in Support of Missile Defense Test

VANDENBERG AIR FORCE BASE, Calif.--(BUSINESS WIRE)--July 14, 2001--Two
Lockheed Martin rockets were successfully launched today within minutes of each other, but
4,800 miles apart. These launches comprised the sixth such Integrated Flight Test, completing
mission requirements that support the Ballistic Missile Defense Organization`s (BMDO)
Ground-based Midcourse Defense Segment (BMDS) program. A Multi-Service Launch
System (MSLS) rocket, launched by the Air Force, lifted off from Vandenberg Air Force
Base, Calif., at 7:40 p.m. PDT carrying a suite of targets. A Payload Launch Vehicle (PLV)
lifted off from the Kwajalein Missile Range, Republic of the Marshall Islands, in the Pacific
approximately 21 minutes later carrying an Exo-Atmospheric Kill Vehicle (EKV) that acquired,
tracked and discriminated between the targets and then destroyed the primary target.

The MSLS is based on a refurbished, three-stage Minuteman II intercontinental ballistic missile
(ICBM) with a new front section. Lockheed Martin Space Systems Company designed and
built the new front section and associated flight hardware for the MSLS and provides launch
services under contract to the U.S. Air Force Rocket Systems Launch Program, Space &
Missile Systems Center, Kirtland Air Force Base, New Mexico. There have been seven
MSLS flights, all successful.

Lockheed Martin Space Systems Company also is responsible for the PLV, under contract to
Boeing, the GMDS prime contractor. The PLV is based on a refurbished, two-stage
Minuteman II ICBM with a new front section. The PLV is serving as the surrogate
Ground-Based Interceptor during the ongoing GMDS flight-test program. The company
provides an Upper Stage Assembly (USA) that serves as the interface between the EKV and
the Minuteman booster, as well as provides all the PLV avionics. The company is also
responsible for payload and mission integration, as well as launch services. During the flight
test, the PLV is responsible for delivering the EKV payload to a point in space at a designated
time. Today`s MSLS mission successfully deployed two inert targets, while the PLV
successfully deployed the EKV.

``The completion of these crucial tests requires the work of an extraordinary team,`` said Albert
E. Smith, executive vice president, Lockheed Martin Space Systems Company. ``Lockheed
Martin is proud to be a member of this team along with the BMDO, Air Force and the GMDS
industry team led by Boeing.``

The MSLS is designed to launch a variety of ballistic experiments, like the one launched today,
carrying payloads weighing up to 1,450 pounds as far as 4,200 miles downrange. This was the
eighth MSLS flight; all eight were launched from Vandenberg Air Force Base, Calif. The first,
a demonstration flight, was launched Sept. 27, 1996. The last six flights were part of tests
similar to the one carried out today, and were launched January 16, 1997; June 23, 1997; Jan.
15, 1998; Oct. 2, 1999; Jan. 18, 2000; and July 7, 2000.

The PLV traces its heritage through the successful Homing Overlay Experiment (HOE) and Exo-Atmospheric Reentry
Interceptor Subsystem (ERIS) programs. The PLV has been used on all six of the GMDS Integrated Flight Tests, and is currently
planned for use through Integrated Flight Test-13.

Lockheed Martin Space Systems Company, headquartered in Denver, is one of the major operating units of Lockheed Martin
Corporation. Space Systems designs, develops, tests, manufactures and operates of a variety of advanced technology systems for
military, civil and commercial customers. Chief products include a full-range of space launch systems, ground systems, remote
sensing and communications satellites for commercial and government customers, advanced space observatories and
interplanetary spacecraft, fleet ballistic missiles and missile defense systems.

Headquartered in Bethesda, Md., Lockheed Martin (NYSE:LMT - news) is a global enterprise principally engaged in the
research, design, development, manufacture and integration of advanced-technology systems, products and services. The
Corporation`s core businesses are systems integration, space, aeronautics, and technology services. Employing more than 140,000
people worldwide, Lockheed Martin had 2000 sales surpassing $25 billion.

Contact:

Lockheed Martin Space Systems Company, Denver
Evan McCollum, 303/977-5937 or 303/594-3081 (cell)
800/621-8063 (pager)

[Gatsby2]

Monday July 16, 10:05 am Eastern Time

Press Release

ViaSat to Acquire Products Group From Lockheed Martin Global Telecommunications

BETHESDA, Md. & CARLSBAD, Calif.--(BUSINESS WIRE)--July 16, 2001--Lockheed Martin Global Telecommunications
(LMGT) and ViaSat, Inc. today announced that they have signed an agreement under which ViaSat will acquire LMGT`s Products
business for cash and stock.

The acquisition, which will augment ViaSat`s position in its core satellite networks and communications systems business, is subject
to customary closing conditions and is expected to close during the third calendar quarter of 2001. Financial terms of the
transaction were not disclosed.

The LMGT Products unit specializes in broadband satellite network terminals designed to extend the reach and functionality of
networks using a variety of flexible, multi-protocol products. The terminals support high-speed voice, video, data, multimedia and
Internet connections under the LINKWAY(TM) and LinkStar(TM) brand names.

Prior to the acquisition of COMSAT Corporation by LMGT in 2000, the Products business, which employs approximately 70
people, was part of Comsat Laboratories. The remainder of the former Comsat Laboratories, which is now part of LMGT`s
Systems & Technology business, is unaffected by this transaction.

``As LMGT transitions to focus on solutions and services for the converging telecommunications and information technology
marketplace, we have de-emphasized the development and manufacture of hardware and products, while ViaSat has experienced
significant growth and success in this area. This transaction meets the strategic objectives of both enterprises,`` said John V.
Sponyoe, LMGT chief executive officer.

``This strategic acquisition takes advantage of years of development of cutting-edge satellite networking technologies,`` said Mark
Dankberg, chairman and chief executive officer of ViaSat.

``Integrating this former Comsat Laboratories product organization extends the intellectual property portfolio that ViaSat is
building, including that gained through our previous acquisition of Scientific-Atlanta`s satellite networks business. We`re especially
pleased that Dr. Benjamin Pontano will be joining ViaSat as part of this transaction and will continue to lead the new Comsat
Laboratories division of ViaSat. We do not currently expect that this transaction will have a material impact on our earnings per
share (EPS) for fiscal year 2002.``

About ViaSat:

ViaSat (NASDAQ:VSAT - news) produces advanced digital satellite telecommunications and wireless signal processing equipment for commercial and government
markets. ViaSat has a full line of VSAT products for data and voice applications, and is rapidly building market share in Ka-band satellite systems, from user
terminals to large gateways for both geosynchronous and low earth orbit systems.

Other products include information security devices, tactical data networking, and communication simulators. ViaSat is located in Carlsbad, California, and Norcross,
Georgia, with additional field offices in Boston, the United Kingdom, Australia, Chile, China, and India.

About LMGT:

LMGT, a wholly owned subsidiary of Lockheed Martin Corporation (NYSE:LMT - news), delivers secure, reliable, advanced-technology services and solutions to
help enterprise customers leverage their telecommunications and information technology assets.

LMGT has annual revenues in excess of US $1 billion and employs 4,000 personnel worldwide with major points of presence in North and South America, Europe
and Asia.

SAFE HARBOR STATEMENT: Statements in this press release are considered forward-looking statements under the federal securities laws, including the Private
Securities Litigation Reform Act of 1995, including statements relating to projected future financial performance or events.

Sometimes these statements will contain words such as ``believes,`` ``expects,`` ``intends,`` ``plans`` and other similar words. These statements are not guarantees of
the companies` future performance and are subject to risks, uncertainties and other important factors that could cause the companies` actual performance or
achievements to be materially different from those we may project.

In addition to the factors set forth in Lockheed Martin`s annual report for the year ending December 31, 2000 and ViaSat`s annual report on Form 10-K for the year
ending March 31, 2001 and the companies` other filings with the Securities and Exchange Commission (http://www.sec.gov), the following factors could affect the
forward-looking statements contained in this press release: risks that the acquisition of the Products business may not be completed on the terms provided in the
agreement or described in this press release or at all; risks that key employees may not be retained; risks that technologies may not be developed according to
anticipated schedules or may not perform according to expectations; economic conditions; the competitive environment in which the companies` operate; and other
factors affecting the telecommunications industry generally.

These are only some of the numerous factors that may affect the forward-looking statements in this press release. Stockholders of the companies and other readers
are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. Neither of the companies
undertake any obligation to update publicly or revise any forward-looking statement.

http://www.lmgt.com

Contact:

Lockheed Martin Global Telecommunications, Bethesda
Morgan Broman, 301/214-3436

[Gatsby2]

Besser konnte es nicht laufen! Von diesem Zeitpunkt an ist der größte Rüstungsdeal aller Zeiten eine politische Frage ...



Monday July 16, 4:20 pm Eastern Time

Lockheed wraps up testing of Joint Strike Fighter

WASHINGTON, July 16 (Reuters) - Lockheed Martin Corp (NYSE:LMT - news) on Monday
completed government-required tests on its Joint Strike Fighter demonstration model with what
company officials described as a ``picture-perfect`` vertical landing.

Seattle-based rival Boeing Co (NYSE:BA - news) finished the required
tests of its JSF model earlier this month. The Pentagon is slated to award
the $200 billion contract for the new jet in October, and it could ultimately
be worth half a trillion dollars including foreign sales, spare parts and
maintenance.

Bethesda, Maryland-based Lockheed said its X-35B JSF concept model
finished the tests on Monday morning at Edwards Air Force Base in
California as test pilot Simon Hargreaves took the plane up for a short
takeoff, guided it during a jetborne flight, and brought it down again for a
vertical landing.

``This has been a spectacular day for us,`` Lockheed JSF Deputy Program
Manager Harry Blot told reporters during a teleconference. Blot was one
of the first Marine test pilots for the Harrier, the first jet with vertical take
off and landing capability. Blot later managed the Harrier program.

``Again, the X-35B performed flawlessly, and the vertical landing was extraordinarily smooth and easy,`` said Simon Hargreaves of
BAE Systems Plc (quote from Yahoo! UK & Ireland: BA.L), chief test pilot for the

X-35B.

He said the aircraft`s propulsion system, which uses a shaft-driven counter-rotating lift fan to give it more lifting force during
vertical takeoffs and landings, produced ``enormous amounts of power`` even in the California desert with its high elevation and hot
temperatures.

Monday`s flight followed a series of flights this past weekend in which the X-35B reached slower speeds with its short
takeoff/vertical landing (STOVL) system activated.

A government test pilot will be testing the plane`s performance over the next few days, company officials said.

Last month, it completed 17 vertical takeoffs, hovers and vertical landings at Lockheed`s Palmdale, California plant.

Tom Burbage, executive vice president and general manager of the Lockheed JSF program, noted that the aircraft had achieved
all the baseline requirements without any modifications.

The supersonic JSF is required to perform short takeoffs and vertical landings and smooth, safe transitions between hovering and
vertical landings and between hovering and normal flight.

Lockheed Martin, in partnership with Northrop Grumman Corp (NYSE:NOC - news) and BAE Systems, is in competition to build
the JSF for the United States and United Kingdom.

The stealthy JSF is designed to replace a variety of U.S. and UK military aircraft, including the Harrier, A-10, F-14, F-16 and
F/A-18.

The JSF program would include versions for the U.S. Air Force, Navy and Marines and would include sales to British forces, with
as many common features as possible to cut production and operating costs.

Lockheed shares were trading down 15 cents at $36.58 in trading on the New York Stock Exchange on Monday.

[Gatsby2]

Thursday July 19, 1:22 am Eastern Time

Lockeed to sell IMS unit to Affiliated Computer

(UPDATE: adds details throughout, company comment, stock information)

NEW YORK, July 19 (Reuters) - Lockheed Martin Corp (NYSE:LMT - news) said on Thursday it had agreed to sell its IMS
subsidiary to Dallas-based technology services provider Affiliated Computer Services Inc (NYSE:ACS - news) for $825 million in
cash.

As part of the deal, Affiliated Computer (ACS) said it would acquire all of the stock of the Washington,
D.C.-based IMS, which provides a range of technology-based services to state and local government agencies
with a focus on transaction processing, programme management and systems integration.

``This transaction is consistent with our previous commitment to realign the corporation and divest noncore
businesses,`` Lockheed`s Chairman and Chief Executive Vance Coffman said in a statement.

The deal, which is set to close in the third quarter, is expected to result in a nonrecurring, unusual net gain of
between $250 million and $300 million, or 58 cents to 70 cents a diluted share, said the Bethesda,
Maryland-based defense contractor.

After transaction costs and associated state and federal tax payments, the divestiture is expected to yield between
$500 million and $550 million in cash to Lockheed Martin, the company said.

In addition, ACS said once the deal was complete the company planned to adopt a new accounting method and, as a result, said its guidance for fiscal 2002 was
being increased to $3.25 a diluted share from $2.93 a share.

Once the IMS transaction closes, that guidance is expected to increase by about 25 cents, it said, bringing its outlook for the fiscal year ending June 30, 2002, to
$3.50 a diluted share.

ACS also set its revenue guidance at $3.1 billion for fiscal year 2002.

EQUITY AND BOND OFFERING

Wall Street analysts polled by Thomson Financial/First Call are expecting the company to post a fiscal 2002 profit of $2.93 a share and revenues of $2.5 billion.

The IMS line of businesses, which garnered about $580 million in revenues in 2000, include children and family services, information resources management,
municipal services, transportation systems and services, and welfare and work force services.

The businesses are located in 250 offices throughout the United States and Canada and employ about 4,800 workers.

Shares of Lockheed Martin closed at $37.10 on the New York Stock Exchange on Wednesday. The stock`s 52-week high is $39.80, while its year low is $24.87.

ACS shares closed at $76.10 on the New York Stock Exchange on Wednesday, near the stock`s 52-week high of $77.68. The stock`s year low is $39.25.

``Our objective is to be the premier provider of diversified business process outsourcing services, delivering a full range of services to multiple vertical markets,`` ACS
President and Chief Executive Jeff Rich said in a statement.

``The acquisition of IMS firmly establishes ACS as a clear leader in BPO and IT services to state and local government.``

ACS said the deal was expected to be funded initially through a combination of a new $550-million 18-month credit facility from Bear Stearns Cos Inc (NYSE:BSC
- news) and Wells Fargo and Co (NYSE:WFC - news), borrowing on the company`s existing revolving credit facility and existing cash on hand.

Once the deal is closed, ACS said it expected a $500-million equity offering and a $300-million bond offering, subject to market conditions.

[Micky_Maus]

Oha, die 40$-Marke kommt wieder in greifbare Nähe. Werde ich das Essen doch noch zahlen müssen?

[Micky_Maus]

Lockheed Martin verdreifacht Gewinn
Der US-Rüstungskonzern Lockheed Martin hat im vergangenen Quartal einen Gewinn von 33 Cents je Aktie erwirtschaftet. Im Vergleich zum Vorjahr entspricht dies einem Anstieg von 200 Prozent. Allerdings hatten einmalige Kosten den Gewinn im zweiten Quartal 2000 um 18 Cents gedrückt.


Analysten hatten im Vorfeld einen Gewinn von 29 Cents je Aktie erwartet.


Auch an Lockheed Martin ist die aktuelle Entwicklung der Konjunktur nicht spurlos vorbei gegangen. Im Vergleich zum Vorjahr ging der Umsatz um 200 Mio. Dollar auf 6 Mrd. Dollar zurück.


Dennoch ist das Unternehmen sehr optimistisch für die Zukunft und hat deshalb die Prognose für das Gesamtjahr um 30-35 Prozent angehoben. Für das kommende Quartal erwartet das Unternehmen 20 Prozent mehr Gewinn.


Der Schlußkurs lag gestern bei 37,35 Dollar.



[e-mail]

[Micky_Maus]

Nanu, Lockheed knabbert an der 40$-Schallmauer und unser Experte Gatsby ist abgetaucht? Naja, habe die entsprechenden Rückstellungen für das fällige Essen schon vorgenommen, womit sich mein Cashflow spürbar reduziert.

Rechne morgen mit dem Überspringen der entscheidenden Marke.

[Micky_Maus]

Enttäuschend, dass die Aktie es immer noch nicht schafft, die 40$ zu erklimmen, trotz überzeugender Q-Zahlen. Hier der Conference-Call nach dem Zahlenwerk(Windows- oder Realplayer erforderlich):

http://rd.yahoo.com/finance/confcall/streetfusion/*http%3a//…



Das Geschäft mit Brasilien ist fast perfekt:

Terms of Brazil`s fighter purchase nearly ready

BRASILIA, Brazil July 27 (Reuters) - Brazil has completed the long-awaited terms for the purchase of up to 24 new supersonic fighter jets in a deal worth up to $700 million to upgrade its aging fleet of fighters, the Air Force said Friday.


The contract, in which Brazil`s aviation giant Embraer (NYSE:ERJ - news) and its partner Dassault Aviation are seen as hot favorites, is eagerly eyed by such firms as Boeing Co. (NYSE:BA - news) and Lockheed Martin Corp. (NYSE:LMT - news) as well.

``The terms will be ready on August 1 and there are nine firms interested,`` said an Air Force spokesman.

Other companies interested in the deal include European aerospace company EADS and Saab AB .

After the terms are ready, the bidders will have two months to present offers and the purchase could be decided by year- end.

The air force spokesman said price would be the main factor in the decision.

``Clearly there are technical questions, but the competition will be based on the most competitive price,`` the spokesman said.

The purchase of the fighters is part of a $3.35 billion plan by the Air Force, announced last year, to revamp the force`s equipment over seven years. More than 50 percent of the force`s 755 aircraft are grounded due to funding shortages.

Brazil`s national corporate champion, Embraer, is seen as the clear favorite because of a proposal to build a version of Dassault`s Mirage fighter in Brazil if the companies win the contract. A group of European companies, including Dassault, have a 20 percent stake in Embraer.

The companies have proposed producing a special version of the Mirage 2000-5, which would be known as the Mirage 2000-BR (for Brazil), if they win. It would be cheaper than the original and Embraer is hoping it could also sell the aircraft to other developing countries.
Quelle: yahoo

[Gatsby2]

Hey Micky,

wie war das mit 40$ und so??

[southbound]

@gatsby
Keine Sorge, die 40$ sehen wir wieder. Sell on good news!
Ich glaube kaum, das in nächster Zeit noch viel passiert.
Dafür war der hype nach dem 11.09. zu doll.
Wenn Börse so einfach wäre, nach guten Meldungen zu kaufen ...

[Gatsby2]

@southbound

Wenn Du die Links in meinem Eroeffnungspost zu diesem Thread verfolgst, wirst Du wohl ungefaehr sehen, wann ich in LMT eingestiegen bin. Finanziell habe ich meinen Spass hier laengst gehabt(!), aber falls meine Ueberlegungen zutreffen werde ich ihn wohl bald wieder haben...

[Micky_Maus]

Aufgrund der Terror-Anschläge vom 11. Sept. erfahren nunmehr sämtliche Rüstungsaktien eine Neubewertung.

Lockheed Martin wird nach heutigem Stand die nächsten 40 Jahre mit Aufträgen gut versorgt sein, wovon auch die Zulieferer Northrop Grumman und United Tec. profitieren. So zynisch es auch ist, Aktionäre dieser Werte dürfen sich auch weiterhin die Hände reiben, denn die genannte Neubewertung ist längst nicht abgeschlossen. Die Friedensdividende nach Beendigung des "Kalten Kriegs" entfällt nun wieder, die Staatsausgaben der USA erhöhen sich erheblich.

Während die Tourismusbranche und der Konsum zu den klaren Verlierern gehört, profitieren neben den Rüstungswerten aber auch Telefon-Unternehmen wie MCI Worldcom.

Auch unser allseits geschätzte Verteidigungsminister sitzt nun wieder fester im Sattel, und die Deutsche Bahn, die in offiziellen Statements die Anschläge naturgemäß verurteilt, zählt auf den ICE-Verbindungen steigende Fahrgastzahlen.

[southbound]

Mag alles sein, doch ich schätze, daß sich in den nächsten Monaten kaum etwas bewegt.
Die Großen, die noch rein wollen, falls sie nicht schon lange drin sind, werden sich schon kümmern.
Die ersten Gierigen, die heute morgen schon zu 65$ eingestiegen sind, werden dumm aus der Wäsche glotzen.
Bei Zulieferern von LMT wird mehr zu holen sein, die sind bisher bedeutend besser gelaufen und werden besser laufen.

[Micky_Maus]

@southbound,

ich teile deine Überlegungen. Man sieht schon an den deutschen Umsätzen, dass Zocker in LOM (=dt.Tickersymbol) einsteigen. Zuvor wurde diese Aktie in Deutschland nämlich eher selten gehandelt.

Da sich der JSF-Auftrag im Volumen von 200 Mrd $ über viele Jahre hinzieht, dürften auch wieder schlechtere Zeiten für Lockheed anstehen, etwa bei Kürzungen oder Zulieferer-Problemen.

Zu den Zulieferern, die einerseits profitieren, aber andererseits auch über genügend zivile Aufträgen verfügen, gehören meiner Meinung nach neben den genannten Northrop Grumman und United Technology auch noch

--Boeing
--General Electric
--Honeywell
--Rockwell
--Rolls Royce

[Gatsby2]

@Micky

Das Timing muss wohl reiner Zufall sein

Tuesday October 30, 3:36 am Eastern Time

Lockheed jv to end $3.7 bln Web satellite plan-WSJ

NEW YORK, Oct 30 (Reuters) - A joint venture backed by the largest U.S. defence contractor Lockheed Martin Corp.
(NYSE:LMT - news) and its partners is expected to pull the plug on a $3.7 billion project to provide satellite-delivered Internet
services to corporate customers, the Wall Street Journal reported in its online edition on Tuesday.

The paper said the decision to end the project was taken after the venture failed to gain additional financing.

The board of the venture, Astrolink International LLC, is expected to suspend work on all satellites under
construction, with engineers and scientists to be laid off or reassigned, the report said.

Astrolink received initial funding from Lockheed, TRW Inc. (NYSE:TRW - news), Liberty Media
Corp.(NYSE:LMCa - news) and a unit of Telecom Italia SpA .

The Journal said that the decision comes shortly after Lockheed`s Global Telecommunications subsidiary told
Astrolink last week that they wouldn`t provide additional financing beyond the $400 million already invested in
May 1999 to start the project. TRW and Telecom Italia`s Telespazio have each invested $250 million, and in
December 1999, Liberty Media invested $425 million, the paper said.

[Stefan1HD1]

Jv Lockheed zum blnweb-Satelliten plan-WSJ des Endes $3,7

New York, Okt 30 (Reuters) - eine Joint Venture zog sich durch die
größte US-Verteidigungfremdfirma Lockheed Martin Corp. (NYSE:LMT
zurück - Nachrichten) und seine Partner wird erwartet, den Stecker
auf einem Projekt $3,7 Milliarde zu ziehen, um Satellit-gelieferte
Internet-Dienstleistungen zu den korporativen Kunden, das Wall Street
Journal zur Verfügung zu stellen, das in seiner Onlineausgabe am
Dienstag berichtet wird.

Das Papier sagte, daß die Entscheidung zum Beenden des Projektes nach
dem Wagnis nicht kann zusätzliche Finanzierung gewinnen getroffen
wurde.

Das Brett des Wagnisses, internationales LLC Astrolink, wird erwartet,
Arbeit über alle Satelliten im Bau zu verschieben, wenn abzulegenden
oder zurückübertragen sind den Ingenieuren und Wissenschaftler, der
gesagte Report.

Astrolink empfangene Ausgangsfinanzierung von Lockheed, von TRW Inc.
(NYSE:TRW - Nachrichten), Freiheitmedia Corp.(NYSE:LMCa - Nachrichten)
und eine Maßeinheit von Telekommunikationsitalien SpA


Das Journal sagte, daß die Entscheidung kurz nach der globalen
Telekommunikationtochtergesellschaft Lockheed`s kommt, die Astrolink
letzte Woche erklärt wird, daß sie wouldn`t zusätzliche
Finanzierung über den $400 Million hinaus liefern, die bereits im Mai
1999 investiert werden, um das Projekt zu beginnen. TRW und
TelekommunikationsItalia`s Telespazio haben jedes $250 Million
investiert, und im Dezember 1999, investierten Freiheitmedia $425
Million, das gesagte Papier

Übersetzungsprogramme verdrehen immer die Sätze---ts ts ts

Was bedeutet dies für LMT?

Gruß Stefan

[Micky_Maus]

@Stefan,

danke für die Übersetzung, auch wenn`s teilweise komisch klingt (The board of the venture = "Das Brett des Wagnisses" )

Besonders interessant ist nunmehr aber die Aktie von Boeing mit einem einstelligen (!) KGV. Boeings Aussichten sind zwar eingetrübt, allerdings steht keine Pleite an. Hohe Umsätze, volle Auftragsbücher (gestern der Auftrag von Quantas und hohe Cash-Reserven sprechen dafür.

Solche Chancen nutze ich. Boeing bei 33 $ ist ein klarer Kauf.

[Gatsby2]

Schade, dass es `mal wieder Verstaendnisschwierigkeiten gibt...

Bloss: wer in US-Aktien investieren will, sollte besser der Landessprache maechtig sein, denn andernfalls ist man leider auf Informationen aus 3. Hand angewiesen.

Naja, was soll das Gerede?! Ich konnte mir in diesem und anderen Threads die Frage anhoeren, warum ich immer nur langweilige Fakten zusammentrage, anstatt einfach mal meine Meinung zu sagen.

Also sage ich einfach mal meine Meinung: Ich meine, dass es Zeitverschwendung ist, sich mit Leuten zu unterhalten, die Meinungen fuer wichtiger als Fakten erachten.

Nota bene: Meinungen sind wie Arschloecher -- jeder hat eins!

Bye, bye...



Tuesday October 30, 4:57 pm Eastern Time

TRW to shut down its Astrolink operations

(UPDATE: Adds Astrolink comment)

CHICAGO, Oct 30 (Reuters) - Diversified manufacturer TRW Inc. (NYSE:TRW - news) will
shut down its operations related to its satellite joint venture, Astrolink, after another partner,
Lockheed Martin Corp. (NYSE:LMT - news), decided not to provide additional funding, a
TRW executive said in an e-mail to employees.

``This morning, Lockheed Martin announced its decision not to invest further
in the Astrolink Program,`` Timothy Hannemann, president and chief
executive of TRW Space & Electronics, said in his e-mail, dated Oct. 26
and obtained by Reuters.

Cleveland-based TRW declined to comment on the information.

Astrolink spokeswoman Arlene Taffera said: ``The board and the company
are meeting to evaluate alternatives. We have no further comment at this
time.``

Bethesda, Maryland-based Astrolink is a joint venture formed by TRW,
Lockheed Martin, Liberty Media Corp., and Telepazio with the aim of
building a global telecommunications network via satellite.

``Without this additional investment, Astrolink International is no longer able
to fund construction of the system. Consequently, we are developing a plan to bring the TRW Space and Electronics Astrolink
Payload Program to conclusion in the very near future,`` Hannemann said in the e-mail.

Astrolink, which had been denying persistent rumors of a scale back in its buildout plans, was not immediately available for
comment.

Lockheed Martin said last week that it notified Astrolink about its decision to suspend further funding to the project.

On Tuesday, shares of ViaSat Inc. (NasdaqNM:VSAT - news), a supplier of Astrolink, closed off $2.51, or 14.4 percent, at
$14.94 on Nasdaq. It has outperformed the Standard & Poor`s 500 index by 11 percent over the past year.

Lehman Brothers satellite analyst William Kidd said in a research note that concerns about Astrolink`s fate prompted the
weakness in the shares.

``Astrolink, one of three major ViaSat broadband endeavors, is reportedly close to shutting down,`` he said.

[Gatsby2]

Lockheed Martin expected to boost earnings

Aircraft maker Lockheed Martin is expected to report next Tuesday first quarter
earnings per share of 47 cents, up from 23 cents per share last year.

The largest defence contractor in the US is expected to report revenues of around
$5.040 billion.

Analysts believe Lockheed will benefit from solid growth in its core defence operations,
while reduced debts and the closure of its unsuccessful telecoms venture will also
improve its bottom line.

JP Morgan analyst Joseph Nadol reckons Lockheed could beat its own forecast of
$2.50 earnings per share over the full year because its board is traditionally conservative
and because of likely new contract wins for the F-35 - the Joint Strike Fighter - in
coming months."

http://www.ananova.com/business/story/sm_570672.html?menu=bu…

[Gatsby2]

Oh wie schön - jetzt sind auch die letzten aufgewacht. (Obwohl ich sie jetzt vielleicht nicht mehr kaufen würde)

Dienstag, 23. April 2002
Reingewinn verdoppelt
Lockheed profitiert von
Militäreinsätzen

Der weltweit größte Rüstungskonzern
Lockheed Martin profitiert vom
steigenden Auftragsvolumen für
Kampfflugzeuge und
Militärtransporter. Im ersten Quartal
2002 sei der Gewinn mehr als doppelt
so hoch ausgefallen wie im
Vorjahreszeitraum, gab Lockheed Martin bekannt.

Der Reingewinn sei auf 218 Mio. Dollar gestiegen. 2001 waren es 105 Mio.
Dollar. Der Umsatz legte um 26 Prozent auf 5,97 Mrd. Dollar zu. Lockheed
profitiert von höheren Regierungsbestellungen von Militärflugzeugen, Raketen
und Computer-Dienstleistungen. Das Unternehmen hat ferner mit der
Produktion der Kampfflugzeugtypen F-35 und F-22 begonnen. Dieser Auftrag
hat ein Volumen von 200 Mrd. Dollar.

Die Lockheed-Unternehmensführung bekräftigte das Gewinnziel von 2,45
Dollar bis 2,50 Dollar je Aktie für das gesamte Jahr 2002. Der Gewinn 2003
werde zehn Prozent über dem diesjährigen Wert liegen.

Der Umsatz von Militärkampfflugzeugen, einschließlich der in Afghanistan
eingesetzten F-16, stieg im ersten Vierteljahr um 56 Prozent auf 1,3 Mrd.
Dollar. Der Gewinn vor Zinsen und Steuern in der Aeronatik-Sparte legte um
23 Prozent auf 107 Mio. Dollar zu. Auch F-16-Lieferungen ins Ausland hätten
positiv zum Ergebnis beigetragen.

http://www.n-tv.de/3006895.html

[Sandy31]

Hey Gatsby2,@ All
warum würdest Du jetzt nicht mehr kaufen?
Die Aktie ist zu hoch bewertet? Bin ich ganz anderer Meinung, ganz im Gegenteil ein KGV im Wachstumssekment von 25 ist nicht sehr hoch.
Diese Aktie hatt Kurspotenzial bis 95-100€.Man betrachte den Chart!RSI positiv alles kein Problem.Allzeithoch der Aktie das heißt es sind keine mehr in der Aktie die long investiert sind, zu höheren Kursen eingekauft haben.
Aus den letzten New´s von Lockheed geht hervor, der Afghanistan-Krieg hatt jede Menge Geld in die Taschen von Lockheed gespült.
Ganz abgesehen von den sehr guten Zahlen gestern Abend,und den guten Ausblick den Lockheed geliefert hatt für mich ein ganz klares "Strong buy" ohne Risiko!
Momentan gibt es nur zwei Bereiche an der Börse sein Geld zu vermehren.
Rüstung: Speziell Lockheed Martin,aus dem einfachen Grund,die USA werden und das ist unvermeidlich in den Irak einmarschieren und Lockheed verdient schon wieder daran,wie die jüngste Vergangenheit bewiesen hatt.Sollte Georg Bush nicht in den Irak einmarschieren hatt er seine Glaubwürdigkeit gegenüber der Welt verloren,folgedessen war er die längste Zeit Präsident der Vereinigten Staaten gewesen.Also alles nur eine Frage der Zeit.
Der zweite Bereich sind Ölaktien:Liegt auch auf der Hand Krieg bedeutet Börse runter Ölpreis in die Höhe! Ist doch alles ganz logisch!
Eure Meinung?

PS: Chart Lockheed Martin am 11.September,klar nach oben, und as geht genauso weiter da wieder Kriegsangst herrscht

Gruß Sandy.Anbei noch:
Lockheed Martin interessant Datum: 19.04.2002



Der Schweizer Vermögensverwalter prorenta (Zug) setzt auf Aktien des US-Konzerns Lockheed Martin (Bethesda/Maryland) . (WKN 894648) Aktien des US-Rüstungskonzerns hätten im vergangenen Jahr einen Kursgewinn von 69,14 Prozent verzeichnet. prorenta erwarte einen weiteren Kursanstieg. Das Kurs-Gewinn-Verhältnis der Aktie habe im Jahr 2001 bei 31,97 gelegen. Lockheed Martin rechne für 2002 mit einem Umsatzsteigerung zwischen fünf und sieben Prozent auf 25 Mrd. Dollar bis 25,8 Mrd. Dollar. Im Jahr 2003 werde ein Umsatz zwischen 26,4 Mrd. Dollar und 27,4 Mrd. Dollar erwartet. Zudem habe das Unternehmen seine Eigenkapitalquote von 67,2 Prozent im Jahr 2000 auf 72,8 Prozent im Jahr 2001 steigern können. Wichtigster Auftraggeber des Rüstungskonzerns sei die amerikanische Regierung, die ihren Verteidigungshaushalt für die Jahre 2003 und 2004 stark erhöht habe. Erst vergangenes Jahr habe Lockheed den größten Rüstungsauftrag der US-Geschichte mit einem Auftragsvolumen von 200 Mrd. Dollar an Land ziehen können. Das Unternehmen baue zunächst 3000 Joint Strike Fighter für die USA - 2008 würden die ersten Fighter starten sollen. Weitere 3000 Maschinen seien für den Export geplant. Damit könnte das Volumen auf 500 Mrd. US-Dollar steigen. Auch das Jahr 2002 beginne für Lockheed Martin mit vollen Auftragsbüchern. Der Konzern habe von der US-Regierung Aufträge über 12,7 Mrd. Dollar zur Wartung und Betreuung der weltweiten F-16 Flotte erhalten. Der Vertrag laufe 23 Jahre. Zudem solle Lockheed Martin 13 zusätzliche Kampflugzeuge des Typ F-22 im Wert von 2,68 Mrd. Dollar für die US-Luftwaffe bauen. Nun stehe der Konzern vor dem Abschluss eines weiterer Großauftrages. Die U.S. - Air Force sei der mögliche Auftraggeber. Für 79 Mio. Dollar solle Lockheed Martin das Radarsystem entlang der US-Südgrenze aufrüsten. prorenta empfiehlt Lockheed: ÂäDie Aktie hat bisher erheblich zugelegt und wir rechnen mit einem weiteren Zuwachs“, so die Vermögensverwaltung prorenta.

[Gatsby2]

RE: Sandy

Es mag durchaus sein, daß ich mich täusche und die Aktie in der allgemeinen Rüstungseuphorie noch weiter steigt. Dies mag umsomehr der Fall sein, als G.W.B. mit seinen paranoiden Ideen über einen Angriff auf den Irak derartigen Spekulationen nachhaltigen Vorschub leistet.

Die Rüstungsindustrie als Wachstumssegment zu bezeichnen setzt voraus, daß tatsächlich jemand den Dritten Weltkrieg startet, und darauf kann sicherlich nicht nur ich bestens verzichten. Ansonsten gehört der Rüstungssektor zu den konservativsten Sektoren überhaupt. Das Durchschnitts-KGV beträgt um die 18-18,5, und auch nach dem Wegfall der gesetzlichen Profitgrenze dürfte allenfalls ein Wert von um die 21 gerechtfertigt sein.

Ja, LMT hat in den letzten Monaten den größten Rüstungsauftrag aller Zeiten (JSF) eingefahren, aber: aus dem Budget müssen auch die Subunternehmer -u.a. Boeing- bezahlt werden, und vor allem ist das Ding noch lange nicht fertig: die EMD (=Engineering and Manufacturing Design) Phase ist noch lange nicht abgeschlossen, und EMD ist der teuerste Teil der Entwicklung von Flugzeugen überhaupt. Auch sonst sind Rückschläge oder verborgene Fehlkalkulationen (vor allem bei der F-22) keineswegs auszuschließen, und so ähnelt die Risikostruktur derartiger Aufträge ein wenig derjenigen im Anlagenbau.

Weiter: ja, Lockheed hat es geschafft, vier frühere directors in die Regierung zu bringen (3 Staatssekretäre und 1 Minister, nämlich Transportminister Norman Mineta). Aber trotz aller in den letzten Monaten auf diesem Wege gewonnenen "pork barrel" Aufträgen, können auch diese Herren die nach wie vor nicht unbeträchtlichen Schulden von LMT nicht einfach wegzaubern.

Die Telekommunikationssparte ("LMGT" -- eine von vier Hauptdivisionen) wurde im letzten Quartal abgeschrieben (!), und auch die Division "Space Systems" leidet erheblich unter fehlender Nachfrage im Launch-Geschäft und erheblichen Kürzungen bei der NASA (von heute: http://biz.yahoo.com/djus/020429/200204291411000734_1.html). Die Ergebnisse von LM-Aero werden immer noch durch die C-130J belastet.

Schließlich noch ein Wort zur Charttechnik: Hätte ich mich dafür je interessiert, so hätte ich LMT sicherlich nicht zum Preis von $16.80 gekauft, denn da sah der Chart grausam aus. Heute erinnert er mich eher an eine Aktie, die so langsam bei ~ $62 einen Widerstand bildet.

Insgesamt ist LMT m.E. sicherlich eine solide Anlage (Dividende gibt`s auch), aber große Sprünge sehe ich -außer im Falle eines größeren militärischen Konflikts- eigentlich nicht mehr.

JMHO

:>)

[Gatsby2]

Nur als kleine Fußnote zu meinem gestrigen Post:



Tuesday April 30, 5:39 pm Eastern Time

Reuters Business
US Air Force studying fixes for F-22 tail problem

By Andrea Shalal-Esa

WASHINGTON, April 30 (Reuters) - A team of government and private aviation experts is reviewing solutions to repair a tail
stress problem with the stealthy F-22 fighter jet built by Lockheed Martin Corp. (NYSE:LMT - news) and will make its
recommendations this Friday, the U.S. Air Force said on Tuesday.

Air Force spokeswoman Gloria Cales said certain high-force flight
maneuvers put unacceptable stress on the F-22 Raptor`s distinctive twin tail,
which could impair some scheduled flight tests and sparked the need to
repair the expensive F-22, designed to be the world`s most-advanced
air-to-air fighter.

The Air Force last week assembled the team of experts, including officials
from the Air Force and the Navy, the National Aeronautics and Space
Administration and industry suppliers, Cales said.

Cales said Marvin Sambur, the Air Force assistant secretary for acquisition,
would review the repairs to be proposed by the aviation experts before
making a decision on the F-22`s test schedule, but she said it was likely the
start of testing would "slip a bit."

The F-22, a $66 billion program that has been in the planning stages since
the early 1980s, was due to begin operational testing in April 2003, but that could be pushed back by several months, defense
officials said.

Cales said the tail stress problem was not seen as a major setback for the program, which the Air Force views as its highest
procurement priority.

"We don`t see this as a showstopper. There was a similar problem with the F/A-18 fighter jet," she said. "We will be developing an
acceptable fix."

News of the problem comes as senior Pentagon officials are reviewing the costly F-22 program and other major weapons
systems. Defense Secretary Donald Rumsfeld this weekend ruled out any decision to cancel the program outright, as some
defense experts have urged.

Rumsfeld told U.S. troops the debate over the F-22 -- which will cost $99 million each -- was "not whether, but how many."

The Air Force is currently slated to buy 339 F-22s by 2013, but already has said it wants to increase that number to 762.

Greg Caires, spokesman for Lockheed Martin, said the company was taking the tail stress problem very seriously, but had found
only a couple seconds of data showing the problems during 1,900 hours of flight tests thus far.

"At the least, more flight test data is needed to determine if there is a tail buffet problem," Caires said.

"It`s some sort of anomaly. It`s a condition that is so difficult to replicate that we`re beginning to suspect that it`s not that big a
deal," he said.

Lockheed remained ready to deliver operational flight testing jets to the Air Force this fall, in time for operational testing to begin,
Caires said.

President George W. Bush`s proposed budget for the fiscal year starting Oct. 1 earmarked $5.2 billion for continued development
and initial low-rate production of 23 F-22 aircraft.

[Gatsby2]

RE: Sandy

Hier noch eine kleine Fußnote zur F-22. Auch wenn das politische Geschäft hier weitaus weniger peinlich betrieben wird, wie das lächerliche Gezänk um die A 400M, zeigt sich doch recht deutlich, in welchem Umfang Rüstungsprogramme auch in den USA von der jeweiligen politischen Stimmung abhängig sind.

Interessant ist auch der Zeithorizont der Projekte, denn das Budget 2008 wird keinesfalls mehr von G.W.B. durchgefochten!


Rumsfeld Weighs 39 Percent Cut in Lockheed F-22 Fighter Program
By Tony Capaccio


Washington, April 30 (Bloomberg) -- Defense Secretary Donald Rumsfeld has told the U.S. Air Force to
study whether the Lockheed Martin Corp. F-22 program can be cut to 180 aircraft.

The Air Force has said its needs a minimum of 339 jets. The Pentagon has planned to buy at least 295.
Rumsfeld`s guidance for the fiscal 2004 budget calls for a study of how the program can be cut by 39
percent and not canceled.

``The debate is not whether but how many`` F-22s to buy, Rumsfeld told U.S. troops in Kyrgyzstan Friday.

Rumsfeld`s guidance on the F-22 and the Navy`s proposal to cut purchases of the Joint Strike Fighter and
F/A-18E/F reflect the military`s concern over how it can afford all three planes. Officials worry that the
explosion after 2007 in costs of current programs threatens spending for military ``transformation.``

``Everything is on the table, particularly tactical aircraft,`` said Richard Aboulafia, a military aircraft analyst
with the Teal Group, a forecasting group in Washington. ``There is a glaring train wreck ahead with space
for only two of the three trains.``

The Pentagon has spent $26 billion to date of the $69 billion F-22 program, $18 billion of the $48 billion
Boeing Co. F-18 Super Hornet and $4 billion of Lockheed Martin`s $226 billion JSF. Large and
simultaneous spending on all three programs begins in 2008.

Five Earlier Cuts in F-22

Lockheed Martin in April 1991 won a contract to build 750 F- 22s. The Pentagon and Air Force cut the
program five times, reducing it by more than half, as its cost increased. At 180 aircraft, the program would
be one-fourth its original size.

The F-22 will replace the F-15C as the top U.S. air-to-air fighter. It will combine the latest avionics and
software in an airframe that`s designed to be nearly invisible to radar.

The aircraft is currently in development flight testing. The aircraft`s tail is showing stress that could require
changes to its structure, Air Force officials told the Washington Times. The Boeing F-18 had a similar
problem during development testing that was fixed.

The Air Force isn`t threatened by the study and welcomes the opportunity to tout its primary fighter, said
service Secretary James Roche.
``Whatever the options are, they are just options,`` Roche said in an interview. ``We have a product we are
very comfortable with, so we will make our case, then the boss has to balance it off against a whole bunch of
things,`` Roche said of Rumsfeld`s overall budget concerns.

The Navy and Marines say they recognize the problem. They propose to cut their planned purchase of
1,089 JSFs by roughly 400 and integrate the existing Marine Corps fighter wing with Navy units to save
manpower, logistics, operations and maintenance costs. The Pentagon is reviewing the proposal.

Looking Ahead

Rumsfeld and his budget planners are alarmed at how funding for many of the most expensive U.S. weapons
programs is slated to increase sharply in 2008, according to a forecasting tool first used in 1989 called the
``Defense Program Projection`` that reviews potential spending through 2019.

They`ve focused on at least 16 programs, including those for the three aircraft, the Navy`s new Virginia-class
submarine, the Comanche helicopter, missile defense research and the Army`s Interim Armored Vehicle, and
its Crusader mobile artillery system. The programs are listed on a chart entitled ``Potential Investment
Reductions`` that is circulating in the Pentagon.

The Joint Strike Fighter alone will demand $5.8 billion in 2008 when the first large outlay for procurement is
due, said the projection.

Other commitments in 2008 include: $5.3 billion for the F-22; $5.1 billion to buy two Virginia class
submarines; $3 billion for the new DD-X destroyer; $3.6 billion for the F/A-18E/F; $3 billion for the Army
Future Combat System; $3 billion for the Comanche helicopter, $2.9 billion for a new LHA class of Navy
amphibious assault ship and, $988 million to start procurement of a new Navy multi-mission aircraft.

Study Due Sept. 1

Rumsfeld directed the Air Force and the Pentagon`s in-house program evaluation office to produce a study
by Sept. 1 of the effect both of canceling plans to upgrade the F-22 upgrade program and of reducing the
program ``to no more than 180 aircraft.``

He asked them to assess the impact of these changes on other tactical air force programs; and he asked
them to weigh the increasing use of unmanned reconnaissance and armed drones. Rumsfeld also asks the Air
Force to consider buying a mix of F-22 air interceptors and fighter-bomber versions as part of a 180-
aircraft fleet.

``The options look like a good faith effort to cover a wide swath of issues,`` said Christopher Bolkcom, a
military aircraft analyst with the non-partisan Congressional Research Service. ``The study doesn`t appear to
stack the deck against the F-22.``

[Gatsby2]

White Sands ist wirklich ein toller Ort, und die Parties in El Paso sind für jeden, den die BW dorthin schickt legendär. Gelegentlich gibt es sogar noch brauchbare Testergebnisse:

Thursday May 16, 5:55 pm Eastern Time

Press Release

SOURCE: Lockheed Martin Missiles and Fire Control

Lockheed Martin`s Guided MLRS Rocket Successful in Third GPS-Aided Flight Test At White Sands Missile Range

DALLAS, May 16 /PRNewswire/ -- Lockheed Martin Missiles and Fire Control and the U.S.
Army again successfully tested the new Guided version of the Multiple Launch Rocket System
(MLRS) rocket at White Sands Missile Range, N.M. In this test, a Guided MLRS rocket, using
Global Positioning System- (GPS) aided guidance, performed nominally.

The rocket was launched from an MLRS M270 Improved Position Determining System
launcher, flew more than 70 kilometers to the target area and dispensed its submunition
payloads. Major test objectives included the successful launch of the rocket from the launcher,
nominal motor performance, tail fin deployment and spin rate evaluation, and navigation
performance. Preliminary data indicate that all test objectives were successfully achieved.

This was the final engineering and development test in a series of six. The EDT tests continue
to meet or exceed all performance requirements.

"As we complete the EDT phase, we couldn`t be more pleased in the performance of the
Guided rocket," said Ron Abbott, vice president - Fire Support for Lockheed Martin Missiles
and Fire Control. "This rocket`s accuracy and reliability are continuing to exceed our
expectations. I believe that the Guided MLRS rocket will be a tremendous asset for the
battlefield commander."

The Guided MLRS rocket program is an international cooperative program between the U.S.,
U.K., Italy, France and Germany.

The Guided MLRS rocket incorporates a GPS-aided inertial guidance package integrated on a
product-improved rocket body. Additionally, small canards on the Guided rocket nose will
provide basic maneuverability and enhance the accuracy of the system. Guided MLRS initial
operational capability is scheduled for CY `05.

Guided MLRS is the next major step in the evolution of the MLRS Family of Munitions, offering
advanced capabilities, reduced logistics support and precision attack. The rocket will have a
range of approximately 60+ kilometers.

Lockheed Martin Missiles and Fire Control develops, manufactures and integrates world-class
air defense, fire support, strike weapon, naval munition, combat vision, anti-armor and advanced
product solutions and systems for U.S. and international armed forces. Headquartered in Bethesda, Md., Lockheed Martin is a
global enterprise principally engaged in the research, design, development, manufacture and integration of advanced technology
systems products and services.

For additional information on Lockheed Martin Corporation (NYSE: LMT - News), visit our website: http://www.lockheedmartin.com

For information on Lockheed Martin Missiles and Fire Control, visit our website: http://www.missilesandfirecontrol.com

SOURCE: Lockheed Martin Missiles and Fire Control

[Gatsby2]

Thursday May 30, 2:02 pm Eastern Time

Press Release

SOURCE: Lockheed Martin Aeronautics Company

F-22 Raptor Program Surpasses Another Major
Milestone as Industry Team Successfully Completes
First Aircraft Service-Life Fatigue Testing

MARIETTA, Ga., May 30 /PRNewswire-FirstCall/ -- The Lockheed Martin-led F-22 Raptor team surpassed another
significant milestone in May with the successful completion of "first service-life" fatigue testing using a production quality,
non-flyable Raptor airframe in a special ground-based laboratory located here. Completed on May 17, this testing is required
for the program to receive its Lot 3 production contract for 23 additional Raptors from the Pentagon later this year.

The F-22 Raptor air dominance fighter is built by Lockheed Martin Aeronautics Co. in partnership with Boeing. Lockheed
Martin Aeronautics is a business area of Lockheed Martin Corp. (NYSE: LMT - News).

"Successful completion of the first service-life of fatigue testing -- the equivalent of 8,000 simulated flight hours -- gives great
confidence that the F-22 Raptor will provide the Air Force with a durable and rugged airframe capable of meeting the
warfighter`s needs," said Bob Rearden, Lockheed Martin Aeronautics vice president and F-22 program general manager. "I
want to acknowledge the hard work and dedication of the many engineers, mechanics, instrumentation technicians, and
inspectors here and around the country who have kept this test running around the clock, and thank all others involved who
helped make this test a tremendous success."

The airframe fatigue test is designed to demonstrate the F-22`s durability over its planned service life of 20 years, or 8,000
flying hours. The test was conducted on Raptor 4000, one of two, non-flyable full-scale test airframes located at Lockheed
Martin Aeronautics facility in Marietta, Ga. During the lifetime fatigue test, Raptor 4000 was stressed by nearly 200 hydraulic
rams designed to simulate loads a flying F-22 might expect during operational use. Each lifetime equivalent of testing involves
more than 1.2 million stress events simulating aircraft maneuvers up to and including 9-g events. To enhance the fidelity of the
testing, Raptor 4000`s fuel tanks, inlet ducts, and cockpit were pressurized to remain consistent with the F-22`s expected flight
profiles.

Fatigue testing of Aircraft 4000 will continue and is scheduled to simulate a total of two lifetimes of fatigue evaluation -- the
equivalent of 16,000 flight hours. The test article will be evaluated for damage tolerance involving up to another two lifetimes of
test exposure. As a result, data accumulated from these tests could support long-term efforts to extend the F-22`s usage
beyond its intended 20-year service.

The Raptor is powered by Pratt and Whitney engines, and is made from parts and subsystems provided by approximately
1,200 subcontractors and suppliers in 46 states. Primary production activities take place at Lockheed Martin Aeronautics
facilities in Marietta, Ga., and Fort Worth, Texas, as well as at Boeing`s plant in Seattle, Wash. Final assembly and initial
flight-testing of the Raptor occurs at the Marietta factory, headquarters for the F-22 industry team.

The Raptor will replace the venerable F-15 Eagle as America`s premier front-line fighter jet starting in 2005. The F-22`s
balanced design of stealth, supercruise speed, and super-agility, along with its advanced integrated avionics and overall
user-friendliness, will allow the F-22 to help shorten future wars and save American and allied lives.

Lockheed Martin Aeronautics Co., headquartered in Fort Worth, Texas, is a leader in the design, development, systems
integration, production, and support of advanced military aircraft and related technologies. Its customers include the military
services of the United States and allied countries throughout the world. Products include the F-16, F-22, JSF, F-117, C-5,
C-27J, C-130, P-3, and U-2.

Headquartered in Bethesda, Md., Lockheed Martin Corp. is a global enterprise principally engaged in the research, design,
development, manufacture, and integration of advanced technology systems, products, and services. Employing about 125,000
people worldwide, Lockheed Martin had 2001 sales of $24 billion.

For information on Lockheed Martin Aeronautics Co., visit: http://www.lockheedmartin.com

For information on Lockheed Martin Corp., visit: http://www.lmaeronautics.com

SOURCE: Lockheed Martin Aeronautics Company

[Gatsby2]

Lockheed tut sich doch etwas schwer, die 65$ noch zu erreichen, und das Potential nach unten scheint deutlich grösser. Das scheint auch das Management erkannt zu haben, und beginnt auf dem hohen Kurs so langsam mit strategischen Geschäften, die sich dann vielleicht später auszahlen können:

Wednesday June 5, 3:56 am Eastern Time

Reuters Business Report
Lockheed, Loral Mull Satellite Venture

NEW YORK (Reuters) - Lockheed Martin Corp. (NYSE:LMT - News) and Loral Space
& Communications (NYSE:LOR - News) are weighing a joint venture of their commercial
satellite operations better to compete with leader Boeing Co. (NYSE:BA - News), the Wall
Street Journal reported on its online edition Wednesday.

Citing industry officials, the Journal said Lockheed`s Chairman Vance Coffman and Loral`s Chairman Bernard Schwartz are
considering combining their businesses as ballooning expenses and rivals on the ground with cheaper ways to do business have
dented the space industry.

If the venture went through, the Journal said, it would create the No. 2 satellite maker that, though it would still be smaller than
Boeing, could offer lower prices and take on European challengers more aggressively.

Officials from both companies were not immediately available for comment.

Loral posted a narrower-than-expected first-quarter operating loss in May, helped by a 21 percent increase in revenue from its
primary business, satellite manufacturing.

Lockheed`s first-quarter net profit, reported in April, more than doubled, led by rising sales of its fighter jets and satellite
business.

[Gatsby2]

Thursday June 13, 1:02 pm Eastern Time

F-22 Raptor Team Completes Phase Of Logistics Testing

MARIETTA, Ga. -(Dow Jones)- Lockheed Martin (NYSE: LMT - News) `s F-22 Raptor
fighter team successfully completed a key phase of logistics testing and evaluation several days ahead of schedule.

Results from the test indicate the F-22 will be easier to maintain than current fighter aircraft, Lockheed Martin said in a press
release Thursday.

In a press release Thursday, Lockheed Martin said conducting the tests at the company`s Marietta facility instead of the
orginally planned location of Edwards Air Force Base, Calif. , will save the program about $500,000.

The logistics tests were conducted by a team of U.S. Air Force personnel, supported by contractor personnel.

With logistics testing complete, Raptor 4009 is being readied for its first flight and ferry to Edwards AFB, later this summer,
where it will join the six other Raptors there now which are currently conducting developmental flight-test activities.

As reported in February, Lockheed received a $2.681 billion contract from the Air Force to build 13 additional F-22 Raptor
air dominance fighter jets.

The F-22 Raptor air dominance fighter is built by Lockheed Martin Aeronautics Co . in partnership with Boeing (BA),
powered by Pratt and Whitney engines, and made from parts and subsystems provided by subcontractors and suppliers in 46
states.

Lockheed posted sales of $23.99 billion for 2001.

[Gatsby2]

England, Dänemark, und jetzt Holland. Schwere Zeiten für den Eurofighter:

Friday June 14, 1:46 pm Eastern Time

Reuters Company News
Dutch agree $800 million for Joint Strike Fighter

WASHINGTON, June 14 (Reuters) - Senior defense officials of the Netherlands and the
United States will sign an agreement on Monday under which the Dutch will commit to investing $800 million to help develop
America`s F-35 Joint Strike Fighter jet.

Dutch Deputy Defense Minister Henk van Hoof and U.S. Undersecretary of Defense Edward Aldridge will
make the Netherlands the fourth Western ally to join Washington in a projected $200 billion program to develop the
next-generation JSF over the next decade.

Denmark last month committed $125 million to the program, joining Britain ($2 billion) and Canada ($150 million) in the system
development and demonstration phase of the jet.

Norway, Italy and Turkey are also expected to soon join the Lockheed Martin Corp. (NYSE:LMT - News) fighter jet
program, the biggest warplane effort ever.

Lockheed will build different versions of the radar-evading, supersonic, multi-role fighter for the U.S. Air Force, Navy and
Marine Corps as well as the British Royal Navy. Other allies are also expected to buy the jet in a program expected to keep
cost of the JSF affordable by historical standards.

[Gatsby2]

Lockheed auf dem alltime high, und die F-35 gewinnt weitere Partner. Israel war sowieso dabei, Singapur war bekannt, aber Norwegen ist neu (obwohl die Norweger langjährige Stammkunden von Lockheed sind.)

Nur am Rande: Deutschland hat heute den ersten Transrapid auf den Weg gebracht, aber auch American MagLev, eine Tochtergesellschaft von LMT, hatte heute einen Erfolg zu melden: die erste Teststrecke in Norfolk/Va. Unglücklicherweise können die Amis den Fahrstrang für etwa 35% des deutschen Preises bauen.

Thursday June 20, 8:48 am Eastern Time

Press Release

SOURCE: Lockheed Martin Aeronautics Company

Norway Joins Growing List of F-35 JSF Partners

FORT WORTH, Texas, June 20 /PRNewswire-FirstCall/ -- The F-35 Joint Strike Fighter
program added a new international partner today when Norway officially joined the JSF`s
System Development and Demonstration (SDD) phase.

Becoming a part of the SDD phase qualifies Norwegian industry to bid for work on the program, and enables Norway to
influence the F-35`s design and mission.

Lockheed Martin Aeronautics Company, a business area of Lockheed Martin Corporation (NYSE: LMT - News), is teamed
with Northrop Grumman (NYSE: NOC - News), BAE SYSTEMS and an international group that anticipates building at least
3,000 F- 35s for the United States and allied nations.

"Norway is a valued ally with an astute technical capability that will benefit both the F-35 program and future pilots who fly the
aircraft," said Tom Burbage, executive vice president and general manager of the Lockheed Martin JSF program. "With five
international partners now on board, and more expected, this program is clearly fulfilling its promise of focusing the resources of
multiple nations on a monumentally important defense capability."

======================================

Thursday June 20, 10:58 am Eastern Time

Reuters Company News
Pentagon eyes fighter deals with Singapore, Israel

By Jim Wolf

WASHINGTON, June 20 (Reuters) - The U.S. Defense Department said on Thursday it was discussing special deals to bring
Israel and Singapore into development of Lockheed Martin (NYSE:LMT - News) Corp.`s F-35 Joint Strike Fighter aircraft,
likely to be the world`s most widely owned warplane in the next half century.

"We have not determined exactly what the relationship is going to be," said Edward Aldridge, the Pentagon`s
chief weapons purchaser. "We`re still in negotiations with them."

He spoke after Norway became the fifth foreign partner in the $200 billion-plus project to build radar-evading, supersonic,
multi-role fighters, the Pentagon`s biggest acquisition program ever.

Norway will invest $125 million over the 10-year development phase ending in 2012, setting the stage for hoped-for spin-off
work for Norwegian industry, especially propulsion and avionics firms, the Norwegian national armaments director, Leif
Lindback, said at a signing ceremony.

In becoming a partner, Norway joined Britain, which has committed $2 billion; Canada, with $150 million; Denmark, with
$150 million; and the Netherlands, with $800 million.

Italy will commit $1 billion at a similar ceremony on Monday, and Turkey is due to come aboard on July 11, the Pentagon`s
Joint Strike Fighter program office said.

Aldridge said he hoped Australia would begin negotiations on joining by July 15, the deadline he has set for invited countries to
declare at least their intent to join what the Pentagon calls its Level 1, Level 2 or Level 3 partners.

Norway`s Level 3 partnership does not commit it to buy the strike fighter. Instead, it will make the "most significant decision
ever undertaken by our armed forces" later on a successor aircraft to its Lockheed Martin F-16 fighters, Lindback said. He
said the F-16 would have to be replaced in about 10 years.

Currently, the F-16 is the world`s most widely used fighter. More than 3,000 are in service worldwide, said Joe Stout, a
Lockheed spokesman in Fort Worth, Texas, where the Joint Strike Fighter is to be assembled.

The strike fighter partnerships, based on the size of the investment, clear the way for transfer of design, "stealth" and other
technologies developed in the program. They also allow for possible involvement in the manufacture of components if contracts
are earned competitively.

In addition, Britain, which became the first and only "Level 1" partner on Jan. 17, 2001, obtained a say in the aircraft`s design
to meet needs of the Royal Navy and Royal Air Force.

Finally, such investments confer early acquisition opportunities.

Aldridge said the deals being discussed with Singapore and Israel fell short of "Level 3" participation, which requires a minimum
investment of about $125 million, but involved more than possible future U.S. government-to-government sales.

Under discussion was "something in between, but we do not know what this is because that`s part of the negotiation," he said in
reply to questions.

Aldridge said talks on the special status could go on beyond July 15 in the case of Singapore and Israel, countries with which
the U.S. military has long enjoyed close ties.

Variants of the Joint Strike Fighter are scheduled to be built for the U.S. Air Force, Marines and Navy, as well as British
forces, with first deliveries in the United States in 2008 and Britain, in 2010.

U.S. and British forces are planning to buy up to 3,000 of the aircraft, with another 2,000 or so likely to be purchased by other
nations over the life of the program, Aldridge told reporters at the ceremony Monday marking Dutch partnership.


The United Kingdom, the first non-U.S. participant in F-35 SDD, has been followed by Canada, Denmark, the Netherlands
and Norway. Other countries evaluating participation in the F-35 program include Italy and Turkey.

Since 1980, Norway has purchased and operated 74 Lockheed Martin F-16 fighters. The F-16 is among the aircraft the F-35
is designed to replace after 2010.

The next-generation F-35 is a stealthy (radar-evading), supersonic multi- role fighter designed to meet the U.S. government`s
requirements for a new generation of transformational weapons. The single-engine F-35 will be manufactured in three versions:
a conventional-takeoff-and-landing (CTOL) variant for the U.S. Air Force, an aircraft-carrier version (CV) for the U.S. Navy,
and a short-takeoff/vertical landing (STOVL) version for the U.S. Marine Corps. The cornerstone of the F-35 is affordability,
achieved in large part through a very high level of common parts and systems across the three versions of the aircraft.
Operational and support costs are forecast to be about half those of current-generation fighters.

The F-35 is designed to supplant aging fighter inventories, including U.S. Air Force A-10s and F-16s, U.S. Navy F/A-18s,
U.S. Marine Corps AV-8B Harriers and F/A-18s, and United Kingdom Harrier GR.7s and Sea Harriers.

Lockheed Martin is developing the F-35 with its principal partners, Northrop Grumman and BAE SYSTEMS. Two separate
but interchangeable propulsion systems are under development by Pratt & Whitney and General Electric.

JSF X-35 demonstrator aircraft completed a highly successful flight-test program in August 2001. The U.S. government
awarded the F-35 JSF development contract to Lockheed Martin the following October.

Lockheed Martin Aeronautics Co., headquartered in Fort Worth, Texas, is a leader in the design, development, systems
integration, production and support of advanced military aircraft and related technologies. Its customers include the military
services of the United States and allied countries throughout the world. Products include the F-16, F-22, F-35 JSF, F-117,
C-5, C-27J, C-130, C-130J, P-3, S-3 and U-2.

Lockheed Martin Corp., headquartered in Bethesda, Md., is a global enterprise principally engaged in the research, design,
development, manufacture and integration of advanced technology systems, products and services. Employing about 125,000
people worldwide, Lockheed Martin had 2001 sales of $24 billion.

High and low-resolution photos including caption will be available after 11 a.m. central time by accessing the link below:

Lockheed Martin Aeronautics Company -- http://www.lmaeronautics.com

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

SOURCE: Lockheed Martin Aeronautics Company

[junkstro]

Story [ 28.06.2002 22:27:18 ]


Lockheed Martin wins US FAA contract worth up to 1 bln usd over 10 yrs
ROCKVILLE, MD (AFX) - Lockheed Martin was awarded a 10 mln usd contract to modernise the Federal Aviation Administration (FAA) air traffic control automation system, enhance security and increase efficiency and capacity.
If Lockheed successfully completes an initial risk mitigation phase, the FAA will award the company the full En Route Automation Modernization (ERAM) program implementation contract, valued at 1 bln usd over 10 years.
Lockheed will be the project`s main contractor and Raytheon will serve as subcontractor, contributing to the design and development of the flight and surveillance data processing subsystems.
Lockheed`s team includes Computer Sciences Corp, The Boeing
Co, Harris Corporation, Northrop Grumman, and several smaller companies
with air traffic management capabilities and products.
The ERAM system will upgrade the National Airspace System software and help the FAA handle increased air traffic at the 21 FAA Air Route Traffic Control Centers for planes flying above 10,000 feet.
jb/djp
NNN

[junkstro]

Story [ 25.07.2002 15:22:41 ]


Lockhheed eyes exports after US Coast Guard deal
By Kathy Fieweger
FARNBOROUGH, England, July 25 (Reuters) - The method that
top U.S. defence firm Lockheed Martin Corp (LMT.N) used to win a
huge contract to revamp the U.S. Coast Guard defence system will
reap similar potential awards internationally, an executive said
on Thursday.
Using a "system of systems" approach to linking together
various machines and software to defend U.S. coastal boards
proved critical in scoring the deal worth $17 billion over 30
years, said Carey Smith, vice president of business development.
The "systems" buzzword is proliferating through the U.S.
defence industry lately as top brass talk about transforming the
way the country thinks about and fights future threats.
A month ago, the U.S. Coast Guard picked Lockheed Martin and
Northrop Grumman Corp. (NOC.N) to build such an electronically
linked armada for homeland defence, which will feature ships,
helicopters and unmanned aerial vehicles on a broad scale.
The drones are on tap for procurement in the first year of
the contract, giving immediate benefit to the Coast Guard, Smith
said, including an 80 percent improvement in flying hours.
Speaking at Britain`s Farnborough air show, Smith said the
so-called Deepwater project calls for the purchase of as many as
168 aircraft, 76 of which will be pilotless, an emerging
technology also gaining keen interest in U.S. defence circles.
Of the drones, seven are to come from Northrop and 69 from
Bell, the Eagle Eye model.
Although there is talk of absorbing U.S. Coast Guard as part
of a Homeland Defence group, "We believe the budget`s going to
be sustained," Smith said.
She added as many as 16 Lockheed Hercules C130J cargo
carriers could be needed. Also on tap are 91 ships. The Coast
Guard fleet is currently among the oldest worldwide.
Smith said discussions have already begun with Australia and
Sweden about using the same approach to beef up their coastal
water protections, which generally are part of naval operations
in other countries. More potential areas cited were Norway,
Japan, South Africa, Italy and Taiwan.

BEST FLEET FORWARD
Also to be upgraded as part of the so-called Deepwater
project -- referring to protection of waters 15 nautical miles
from shore and further -- are 49 cutters, as the Coast Guard
calls its ships, 93 helicopters plus communications,
surveillance and command systems.
The contract was awarded to Integrated Coast Guard Systems,
a 50-50 partnership between Lockheed and Northrop. The two are
also partners in the F-35 Joint Strike Fighter aircraft project.
Deepwater is designed to turn the self-described 37th oldest
of 39 similar fleets worldwide into the world`s most highly
integrated, in line with the Coast Guard`s new importance since
the September 11 attacks.
In March the Coast Guard rejected proposals by two other
bidders -- Boeing Co. (BA.N) and a team made up of Science
Applications International Corp., Raytheon Co. (RTN.N) and
Manitowoc Co. (MTW.N).
Working with some cutters that entered service in World War
Two, the Coast Guard ha struggled to secure ports, enforce
safety zones around Navy ships and board commercial ships in
search of chemical, biological and nuclear weapons.
The contract awarded last month was for an initial period of
five years with options for five, five-year award terms after
that. The average yearly value of the contract in the first five
years is projected to be about $500 million.
Under the deal Lockheed will provide command and control
systems across all the new and upgraded Coast Guard cutters,
aircraft and land-based links. The company has chosen which
contractors will provide what vehicles and systems, but the
outline is fluid and subject to change.
Northrop Grumman Ship Systems, the world`s largest naval
shipbuilder, is responsible for the design, construction and
life cycle support for eight, 425-foot "National Security"
cutters scheduled to be delivered between 2006 and 2013.
In addition, Northrop is to take the lead in supplying 25
341-foot "Offshore Patrol" Cutters and 58 130-foot "Fast
Response" cutters for delivery between 2014 and 2022.
((Kathy Fieweger, Farnborough newsroom, 01252 381723,
[e-mail]))

[Gatsby2]

@junkstro

Hey, doch noch jemand, der sich für LMT interessiert.

Und wo Du gerade bei Exporten für Seeaufklärung warst: Lockheed interessiert sich auch für uns.

Offenbar ist die Geschichte um die Beschaffung der A-400M doch nicht abschreckend genug. Aber wer weiß, vielleicht schmiert Hunzinger ja auch für Lockheed...

Thursday July 25, 8:57 am Eastern Time

Press Release

SOURCE: Lockheed Martin Aeronautics Company

Lockheed Martin Offers New Production P-3 for Germany, Italy and U.S.; Announces New Life Extension Capability for Current Operators

FARNBOROUGH, England, July 25 /PRNewswire-FirstCall/ -- Lockheed Martin Aeronautics Co. Vice President of Special
Mission and Reconnaissance Aircraft Programs Ted Samples said today (July 25, 2002) that more than 450 P-3s are in active
service with the U.S. Navy and 15 international operators, making the P-3 Orion the world`s standard for maritime patrol
aircraft.

Samples briefed international reporters on the P-3 Orion and how it has played a significant role in maritime patrol in the past
and is ready to meet future requirements.

Lockheed Martin Aeronautics Co. is a business area of Lockheed Martin Corp. (NYSE: LMT - News).

While discussing the five Lockheed Martin companies dedicated to the support of the P-3 worldwide, Samples announced that
a new teaming arrangement with Vought Industries to manufacture new wings for the P-3 will provide P-3 operators around the
world with a proven, low-risk means of extending the life of their Orion fleets.

"The P-3`s most critical assembly is the wing, and the manufacturing processes and facilities at Vought Aircraft Industries will
provide the world`s P-3 operators with economic wing replacement alternatives," Samples said. "We are excited about the
future of the proven and versatile P-3 Orion. Ongoing product improvements -- combined with Lockheed Martin`s vast
experience as the U.S. Navy`s premier designer, developer and integrator of maritime patrol systems -- will continue to be
applied to our P-3 customers` needs."

To further demonstrate the capabilities of Lockheed Martin`s P-3 team and its ability to leverage capabilities across numerous
Lockheed Martin business units, Samples discussed a recent contract with the U.S. Customs Service to upgrade four of its
P-3B Airborne Early Warning (AEW) aircraft. Lockheed Martin Aircraft & Logistics Centers in Greenville, S.C., will perform
the modification work; Lockheed Martin Naval Electronics & Surveillance Systems in Eagan, Minn., and Syracuse, N.Y., will
provide the mission avionics suite and the APS-145 radar, and Lockheed Martin Aeronautics Co. is serving as prime
contractor, performing the engineering, integration and test activities, and managing the execution of the program.

Samples discussed P-3 business opportunities Lockheed Martin is currently pursuing to include the U.S. Navy`s Maritime
Multimission Aircraft program designed to replace the Navy`s aging P-3 fleet. Lockheed Martin submitted its proposal in May
2002 and will offer a fully modernized new production P-3.

Another business pursuit Samples discussed is the joint Germany and Italy Maritime Patrol Aircraft Replacement (MPA-R)
program. The program, which calls for 10 aircraft for Germany and 14 for Italy, has an estimated value of more than $3 billion.
Lockheed Martin will submit its proposal tomorrow (July 26) and again will be offering a new production P-3.

In the face of new business opportunities, Samples acknowledged the possibility of restarting the P-3 assembly line. With the
last eight new production P-3C airplanes delivered from the company`s Marietta, Ga., USA, facility, Samples said, Marietta
would appear to be the most cost-effective site should the line restart.

Samples ended his presentation by reminding his audience that the P-3 remains the world standard in maritime patrol and
reconnaissance aircraft and will be in service with the U.S. Navy and its international operators well into the 21st century. "The
P-3 is a significant force-multiplier due to its multimission capabilities and has a strong support infrastructure, giving it a
well-defined path for future enhancements," Samples said.

Lockheed Martin Aeronautics Co., headquartered in Fort Worth, Texas, is a leader in the design, development, systems
integration, production, and support of advanced military aircraft and related technologies. Its customers include the military
services of the United States and allied countries throughout the world. Products include the F-16, F-22, F-35 JSF, F-117,
T-50, C-5, C-130, C-130J, P-3, S-3 and U-2.

Lockheed Martin Aeronautics Co. is a unit of Lockheed Martin Corp., headquartered in Bethesda, Md. Lockheed Martin is a
global enterprise principally engaged in the research, design, development, manufacture and integration of advanced technology
systems, products and services. Employing about 125,000 people worldwide, Lockheed Martin had 2001 sales of $24 billion.

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

For information on Lockheed Martin Aeronautics Co., visit:
http://www.lmaeronautics.com

SOURCE: Lockheed Martin Aeronautics Company

[Gatsby2]

Nur ein Gerücht, aber man darf trotzdem gespannt sein, wie der Markt reagiert.

Die Airforce ist bestimmt daran interessiert, daß Boeing trotz der Vergabe des JSF an Lockheed weiterhin taktische Kampfflugzeuge herstellt. Allerdings hat LMT sehr viel Geld in die F-22 gesteckt, daß bei einer Teilung des Volumens mit Boeing nur schwer wieder einzuspielen wäre...!

Monday July 29, 1:42 am Eastern Time

Reuters Business Report
Boeing May Build Bomber F-22 Type-WSJ

NEW YORK (Reuters) - The United States Air Force is considering allowing Boeing Co
(NYSE:BA - News) to build a bomber version of Lockheed Martin Corp`s (NYSE:LMT -
News) F-22 fighter jet, to help preserve Boeing`s role in the high-performance aircraft market, the Wall Street Journal reported
on Monday.

Boeing currently makes the Air Force`s F-15 fighter jets and the Navy`s F/A-18 fighters

However, production of both of these planes is expected to wind down toward the end of this decade when Lockheed,
through its win of the Joint Strike Fighter contract, will supply fighter aircraft to both those services and the Marines.

A bomber version of the F-22, dubbed the FB-22, is not an actual program yet, the paper reported, but the idea of a
ground-attack version of the fighter has caught the attention of Air Force Secretary James Roche.

Roche has begun openly discussing giving Boeing a greater share of production work on the F-22, including the possibility of
putting the aircraft together in St. Louis, where Boeing`s military aircraft unit is based, the Journal said, citing people who have
spoken to Roche.

Air Force officials, including Roche, have acknowledged Boeing`s expertise in building such aircraft and the importance of
keeping those skills alive. Boeing already builds about one-third of the F-22, including its wings.

[junkstro]

Continuing its critical role in helping Lockheed Martin to reduce the costs, minimize the risks and maximize the performance of the F-35 Joint Strike Fighter (JSF) program, SGI today announced that Lockheed Martin Aeronautics Co. has purchased SGI(R) advanced visualization technology to find the best ways to design, build and maintain the JSF.

The multimillion-dollar purchase order, booked and delivered in the June quarter, includes SGI(R) Onyx(R) 3000 series visualization systems as well as Silicon Graphics Fuel(TM) and Silicon Graphics(R) Octane2(TM) workstations. SGI workstations run CATIA(R) engineering and design applications, while SGI visualization systems power Lockheed Martin``s JSF flight simulation laboratory in Fort Worth, Texas.

In October 2001, the U.S. Department of Defense awarded a $19 billion contract to Lockheed Martin to produce and test an initial 22 F-35 JSF aircraft during the System Development and Demonstration (SDD) phase. Designed to replace the A-10, AV-8, F-16 and F/A-18, more than 3,000 F-35 JSF aircraft will be manufactured by Lockheed Martin for the U.S. Air Force, Navy and Marine Corps, Britain``s Royal Air Force and Royal Navy, and Canada``s Department of National Defense.

"Our JSF approach, enabled by SGI technology, will radically reduce the cost of sustaining U.S. airpower by ensuring affordability during SDD, production, operations, and support and by achieving operational excellence throughout the program," said Tom Burbage, executive vice president and general manager, Lockheed Martin JSF Program.

"From the start of the JSF program in the 1990s, SGI advanced visualization and high-performance computing technologies have been instrumental in helping Lockheed Martin generate the most cost-effective, risk-free and performance-driven designs possible for this stealthy next-generation multirole strike fighter," said Tony Celeste, national director of defense business, SGI Federal. "With affordability and performance issues at the core of the F-35 JSF program, Lockheed Martin has come to rely on SGI visualization and HPC technologies to engineer higher-quality, lower-cost and more-competitive designs."

Advanced visualization and high-performance computing technology solutions from SGI enable collaborative decision making, expedite insights to complex problems and streamline project analyses. From advanced 3D modeling and simulation, digital prototyping, and digital manufacturing to group visualization, SGI transforms product-development processes, thereby enabling the aerospace industry to arrive at design optimizations in less time, experience enormous cost savings and reduce the time to market for new aircraft.

About Lockheed Martin

Lockheed Martin, headquartered in Bethesda, Md., is a global enterprise principally engaged in the research, design, development, manufacture and integration of advanced-technology systems, products and services. The corporation``s core businesses are systems integration, space, aeronautics and technology services.

About SGI

Celebrating its 20th year, SGI, also known as Silicon Graphics, Inc., is the world``s leader in high-performance computing, visualization and the management of complex data. SGI products, services and solutions enable its technical and creative customers to gain strategic and competitive advantages in their core businesses. Whether being used to design and build safer cars and airplanes, discover new medications and oil reserves, predict the weather, entertain us with thrilling movie special effects or provide mission-critical support for government and defense, SGI systems and expertise are empowering a world of innovation and discovery. The company, located on the Web at http://www.sgi.com/, is headquartered in Mountain View, Calif., and has offices worldwide.

NOTE: Silicon Graphics, SGI, Onyx, Octane and the SGI logo are registered trademarks and Silicon Graphics Fuel and Octane2 are trademarks of Silicon Graphics, Inc., in the U.S. and/or other countries worldwide. All other trademarks mentioned herein are the property of their respective owners.

http://www.newscom.com/cgi-bin/prnh/20010510/SFTH025LOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, 888-776-6555 or [phone] SGI

© PR Newswire

[Gatsby2]

Dieses Ereignis könnte Arianespace ganz schwer im Magen liegen:

Thursday August 15, 8:20 pm Eastern Time

Press Release

SOURCE: Lockheed Martin

Lockheed Martin`s Atlas V Ready for Inaugural
Flight, Media Invited to Cover Launch Events

DENVER, Aug. 15 /PRNewswire-FirstCall/ -- Lockheed Martin`s Atlas V launch vehicle, designed and built by Lockheed
Martin (NYSE: LMT - News) Space Systems headquartered near Denver, Colo., is scheduled for its inaugural flight
Wednesday, Aug. 21, 2002, from Cape Canaveral Air Force Station, Fla. Atlas V is America`s next-generation rocket, which
ultimately will replace all current versions of Atlas and Titan launch systems in operation today.

Liftoff is scheduled for Aug. 21 at 6:05 p.m. EDT, with the launch window extending from 6:05 - 7:34 p.m.
EDT (4:05 - 5:34 p.m. MDT). Launch will take place from the company`s new launch site at Launch Complex 41 at Cape
Canaveral. Media are invited to cover a number of pre-launch and launch events.

This first Atlas V, designated AV-001, will boost a communications satellite, HOT BIRD(TM) 6, into orbit for the European
Telecommunications Satellite Organization (Eutelsat). This is the most powerful version of Atlas launch vehicles to fly, illustrating
Lockheed Martin`s commitment to being the preeminent launch system provider in the United States. Atlas V also is the first of
America`s new launch vehicles designed to meet the needs of the U.S. Air Force`s Evolved Expendable Launch Vehicle
(EELV) program as well as the global commercial satellite market, ensuring America`s access to space. International Launch
Services (ILS) manages all tasks associated with providing launch services on both the Atlas and the Russian-built Proton
vehicle families, including technical, management and marketing expertise. Headquartered in McLean, Va., ILS is a joint
venture of Lockheed Martin and Russian companies Khrunichev State Research and Production Space Center and RSC
Energia.

MEDIA INVITED -- INTERVIEWS LIVE VIA SATELLITE ON LAUNCH DAY

Aug. 21, from 7-11 a.m. EDT, top executives from Lockheed Martin Space Systems will be available for television interviews
via satellite live from the launch site in Florida, to answer questions and talk about America`s next-generation Atlas V and what
it means to Lockheed Martin and the global satellite market. Lockheed Martin will provide the satellite uplink and audio/video
broadcast coordinates for those live interviews. To schedule interview times, please contact Jim Lewis, Communications
Concepts Inc., at 321-783-5232.

MEDIA INVITED -- LAUNCH DAY COVERAGE

Denver-area news media are invited to view a live broadcast of the launch Wednesday, Aug. 21, at Lockheed Martin`s
Waterton facilities near Denver, along with company executives and employees who are involved the Atlas program. The
broadcast is scheduled to begin at 3:15 p.m. MDT. Media should arrive at the visitor`s center at the Waterton facility entrance
at 3 p.m. MDT on launch day (Aug. 21) for escort to the Launch Systems Technology Test Bed auditorium, where employees
will be gathered to follow the countdown. Lockheed Martin executives and Atlas program employees will be available to
answer questions and provide interviews. To make arrangements to be at Waterton on launch day, please contact Joan
Underwood at 303-971-7398, Joy Knight at 303-977-5841 or Steve Tatum at cell phone [phone].

LAUNCH BROADCAST COORDINATES

Live broadcast of the launch will be provided on launch day, Aug. 21, from Cape Canaveral Air Force Station, Fla.
Countdown coverage will begin at 3:15 p.m. MDT. The launch broadcast will be available on Galaxy 3, Transponder 1,
C-band, located at 95 degrees. Downlink frequency 3720 MHz Vertical. A simulcast of the launch broadcast will also be
available on the worldwide web at http://www.ilslaunch.com . The launch broadcast will conclude after spacecraft separation
scheduled to occur approximately 31 minutes after liftoff, followed by closing statements by top executives from Lockheed
Martin, International Launch Services and the Eutelsat satellite customer.

To find out more about Lockheed Martin`s launch vehicle and space programs, go to http://www.ast.lmco.com . The web site
features updates and images of Atlas and other key programs within Lockheed Martin Space Systems Company. For more
information about International Launch Services and Atlas and Proton launch services, go to http://www.ilslaunch.com . The
Atlas V/AV-001 press kit is available on-line at http://www.ilslaunch.com/atlas/atlasv/AVpresskit .

Lockheed Martin Space Systems Company, headquartered in Denver, Colo., is one of the major operating units of Lockheed
Martin Corporation. Space Systems designs, develops, tests, manufactures and operates a variety of advanced technology
systems for military, civil and commercial customers. Chief products include a full-range of space launch systems, including
heavy- lift capability, ground systems, remote sensing and communications satellites for commercial and government customers,
advanced space observatories and interplanetary spacecraft, fleet ballistic missiles and missile defense systems.

Headquartered in Bethesda, Md., Lockheed Martin is a highly diversified global enterprise principally engaged in the research,
design, development, manufacture and integration of advanced-technology systems, products and services. The Corporation`s
core businesses span space and telecommunications, electronics, information and services, aeronautics, energy and systems
integration. Lockheed Martin had 2001 sales surpassing $24 billion.

SOURCE: Lockheed Martin

[Gatsby2]

Wie schon gesagt: Arianespace wird sich hoffentlich über den technischen Erfolg, aber sicherlich nicht über die finanziellen Konsequenzen freuen:



Die Atlas V hat auf ihrem Jungfernflug im Auftrag von EUTELSAT den Satelliten Hot Bird 6 erfolgreich in den Orbit gebracht.

[Gatsby2]

Wednesday August 21, 8:23 pm Eastern Time

Press Release

SOURCE: International Launch Services

Inaugural Atlas V Scores Success for ILS, Lockheed
Martin

CAPE CANAVERAL AIR FORCE STATION, Fla.--(BUSINESS WIRE)--Aug. 21, 2002--The first Atlas V launch vehicle
scored a triumph for builder Lockheed Martin Corp. (NYSE:LMT - News) and launch provider International Launch Services
(ILS) today, placing its satellite payload into orbit with a flawless flight.

The rocket lifted off from the new Launch Complex 41 at Cape Canaveral
at 6:05 p.m. All systems performed as expected, and the HOT
BIRD(TM) 6 broadcast satellite was placed into orbit about 31 minutes
later. Satellite owner Eutelsat, of Paris, reported that the spacecraft is
doing fine.

"Once again the Atlas team has demonstrated its careful preparation and
dedication to Mission Success," said Mark Albrecht, president of ILS,
which manages all tasks associated with providing launch services on the
Atlas. "This is the sixth of six Atlas variants with first-flight success, and the
third time Eutelsat has been our inaugural customer. I`m proud we could
once again validate their trust and confidence in Atlas."

The Atlas V, produced by Lockheed Martin Space Systems Co., is the
latest generation in a long line of reliable rockets. Today`s flight gives the
Atlas family a string of 61 consecutive successful launches over nine years using the Atlas II, Atlas III and Atlas V vehicle
configurations.

"I am extremely proud of the phenomenal team of people at Lockheed Martin, our suppliers and partners, who have built the
best launch system in the world," said G. Thomas Marsh, president and general manager of Lockheed Martin Space Systems -
Astronautics Operations. "We had a vision back in 1993 of where we wanted to take the Atlas. With today`s successful launch,
we celebrate the achievement of that vision and the continuing success story of Atlas."

This is the most powerful version of Atlas launch vehicles to launch, illustrating Lockheed Martin`s commitment to being the
preeminent launch system provider in the United States. Atlas V is the first to fly of the next-generation launch vehicles designed
to meet the needs of the U.S. Air Force`s Evolved Expendable Launch Vehicle (EELV) program as well as the global
commercial satellite market.

International Launch Services, headquartered in McLean, Va., markets not only the Atlas but also the Russian Proton, offering
mutual backup between the two vehicles. ILS is a joint venture of Lockheed Martin and Russian companies Khrunichev State
Research and Production Space Center and RSC Energia.

HOT BIRD(TM) 6 is the most powerful satellite to be launched for Eutelsat. It is an Alcatel Spacebus 3000B3 satellite
carrying 28 transponders at Ku-band and 4 at Ka-band, as well as a SKYPLEX payload for on-board multiplexing. It will be
used to provide television and radio broadcast services. The HOT BIRD(TM) satellites are positioned at 13 degrees East
longitude and deliver 600 television channels and 475 radio services across Europe, North Africa and the Middle East.

Lockheed Martin Space Systems, headquartered in Denver, Colo., is one of the major operating units of Lockheed Martin
Corp. Space Systems designs, develops, tests, manufactures and operates a variety of advanced technology systems for
military, civil and commercial customers. Chief products include a full-range of space launch systems, including heavy- lift
capability, ground systems, remote sensing and communications satellites for commercial and government customers, advanced
space observatories and interplanetary spacecraft, fleet ballistic missiles and missile defense systems.

Headquartered in Bethesda, Md., Lockheed Martin is a highly diversified global enterprise principally engaged in the research,
design, development, manufacture and integration of advanced-technology systems, products and services. The corporation`s
core businesses span space and telecommunications, electronics, information and services, aeronautics, energy and systems
integration. Lockheed Martin had 2001 sales surpassing $24 billion.

ILS offers the broadest range of launch services in the world along with products with the highest reliability in the industry. ILS`
Atlas rockets and their Centaur upper stages are built by Lockheed Martin Space Systems Co. -- Astronautics Operations at
facilities in Denver, Colo.; Harlingen, Texas; and San Diego, Calif. The three-stage Proton and the available Breeze M upper
stage are produced by Khrunichev at its factory near Moscow. The alternative Block DM upper stage is built by Energia, also
near Moscow.

For more information, visit http://www.ilslaunch.com.

Note: A Photo is available at http://www.businesswire.com/cgi-bin/photo.cgi?pw.082102/bb8

Contact:

ILS
Fran Slimmer
McLean [phone]
Mobile: [phone]
Cape Canaveral: [phone];
[e-mail]

[Gatsby2]

Wednesday August 21, 8:23 pm Eastern Time

Press Release

SOURCE: International Launch Services

Inaugural Atlas V Scores Success for ILS, Lockheed
Martin

CAPE CANAVERAL AIR FORCE STATION, Fla.--(BUSINESS WIRE)--Aug. 21, 2002--The first Atlas V launch vehicle
scored a triumph for builder Lockheed Martin Corp. (NYSE:LMT - News) and launch provider International Launch Services
(ILS) today, placing its satellite payload into orbit with a flawless flight.

The rocket lifted off from the new Launch Complex 41 at Cape Canaveral
at 6:05 p.m. All systems performed as expected, and the HOT
BIRD(TM) 6 broadcast satellite was placed into orbit about 31 minutes
later. Satellite owner Eutelsat, of Paris, reported that the spacecraft is
doing fine.

"Once again the Atlas team has demonstrated its careful preparation and
dedication to Mission Success," said Mark Albrecht, president of ILS,
which manages all tasks associated with providing launch services on the
Atlas. "This is the sixth of six Atlas variants with first-flight success, and the
third time Eutelsat has been our inaugural customer. I`m proud we could
once again validate their trust and confidence in Atlas."

The Atlas V, produced by Lockheed Martin Space Systems Co., is the
latest generation in a long line of reliable rockets. Today`s flight gives the
Atlas family a string of 61 consecutive successful launches over nine years using the Atlas II, Atlas III and Atlas V vehicle
configurations.

"I am extremely proud of the phenomenal team of people at Lockheed Martin, our suppliers and partners, who have built the
best launch system in the world," said G. Thomas Marsh, president and general manager of Lockheed Martin Space Systems -
Astronautics Operations. "We had a vision back in 1993 of where we wanted to take the Atlas. With today`s successful launch,
we celebrate the achievement of that vision and the continuing success story of Atlas."

This is the most powerful version of Atlas launch vehicles to launch, illustrating Lockheed Martin`s commitment to being the
preeminent launch system provider in the United States. Atlas V is the first to fly of the next-generation launch vehicles designed
to meet the needs of the U.S. Air Force`s Evolved Expendable Launch Vehicle (EELV) program as well as the global
commercial satellite market.

International Launch Services, headquartered in McLean, Va., markets not only the Atlas but also the Russian Proton, offering
mutual backup between the two vehicles. ILS is a joint venture of Lockheed Martin and Russian companies Khrunichev State
Research and Production Space Center and RSC Energia.

HOT BIRD(TM) 6 is the most powerful satellite to be launched for Eutelsat. It is an Alcatel Spacebus 3000B3 satellite
carrying 28 transponders at Ku-band and 4 at Ka-band, as well as a SKYPLEX payload for on-board multiplexing. It will be
used to provide television and radio broadcast services. The HOT BIRD(TM) satellites are positioned at 13 degrees East
longitude and deliver 600 television channels and 475 radio services across Europe, North Africa and the Middle East.

Lockheed Martin Space Systems, headquartered in Denver, Colo., is one of the major operating units of Lockheed Martin
Corp. Space Systems designs, develops, tests, manufactures and operates a variety of advanced technology systems for
military, civil and commercial customers. Chief products include a full-range of space launch systems, including heavy- lift
capability, ground systems, remote sensing and communications satellites for commercial and government customers, advanced
space observatories and interplanetary spacecraft, fleet ballistic missiles and missile defense systems.

Headquartered in Bethesda, Md., Lockheed Martin is a highly diversified global enterprise principally engaged in the research,
design, development, manufacture and integration of advanced-technology systems, products and services. The corporation`s
core businesses span space and telecommunications, electronics, information and services, aeronautics, energy and systems
integration. Lockheed Martin had 2001 sales surpassing $24 billion.

ILS offers the broadest range of launch services in the world along with products with the highest reliability in the industry. ILS`
Atlas rockets and their Centaur upper stages are built by Lockheed Martin Space Systems Co. -- Astronautics Operations at
facilities in Denver, Colo.; Harlingen, Texas; and San Diego, Calif. The three-stage Proton and the available Breeze M upper
stage are produced by Khrunichev at its factory near Moscow. The alternative Block DM upper stage is built by Energia, also
near Moscow.

For more information, visit http://www.ilslaunch.com.

Note: A Photo is available at http://www.businesswire.com/cgi-bin/photo.cgi?pw.082102/bb8

Contact:

ILS
Fran Slimmer
McLean [phone]
Mobile: [phone]
Cape Canaveral: [phone];
[e-mail]

[Gatsby2]

Wednesday August 21, 8:23 pm Eastern Time

Press Release

SOURCE: International Launch Services

Inaugural Atlas V Scores Success for ILS, Lockheed
Martin

CAPE CANAVERAL AIR FORCE STATION, Fla.--(BUSINESS WIRE)--Aug. 21, 2002--The first Atlas V launch vehicle
scored a triumph for builder Lockheed Martin Corp. (NYSE:LMT - News) and launch provider International Launch Services
(ILS) today, placing its satellite payload into orbit with a flawless flight.

The rocket lifted off from the new Launch Complex 41 at Cape Canaveral
at 6:05 p.m. All systems performed as expected, and the HOT
BIRD(TM) 6 broadcast satellite was placed into orbit about 31 minutes
later. Satellite owner Eutelsat, of Paris, reported that the spacecraft is
doing fine.

"Once again the Atlas team has demonstrated its careful preparation and
dedication to Mission Success," said Mark Albrecht, president of ILS,
which manages all tasks associated with providing launch services on the
Atlas. "This is the sixth of six Atlas variants with first-flight success, and the
third time Eutelsat has been our inaugural customer. I`m proud we could
once again validate their trust and confidence in Atlas."

The Atlas V, produced by Lockheed Martin Space Systems Co., is the
latest generation in a long line of reliable rockets. Today`s flight gives the
Atlas family a string of 61 consecutive successful launches over nine years using the Atlas II, Atlas III and Atlas V vehicle
configurations.

"I am extremely proud of the phenomenal team of people at Lockheed Martin, our suppliers and partners, who have built the
best launch system in the world," said G. Thomas Marsh, president and general manager of Lockheed Martin Space Systems -
Astronautics Operations. "We had a vision back in 1993 of where we wanted to take the Atlas. With today`s successful launch,
we celebrate the achievement of that vision and the continuing success story of Atlas."

This is the most powerful version of Atlas launch vehicles to launch, illustrating Lockheed Martin`s commitment to being the
preeminent launch system provider in the United States. Atlas V is the first to fly of the next-generation launch vehicles designed
to meet the needs of the U.S. Air Force`s Evolved Expendable Launch Vehicle (EELV) program as well as the global
commercial satellite market.

International Launch Services, headquartered in McLean, Va., markets not only the Atlas but also the Russian Proton, offering
mutual backup between the two vehicles. ILS is a joint venture of Lockheed Martin and Russian companies Khrunichev State
Research and Production Space Center and RSC Energia.

HOT BIRD(TM) 6 is the most powerful satellite to be launched for Eutelsat. It is an Alcatel Spacebus 3000B3 satellite
carrying 28 transponders at Ku-band and 4 at Ka-band, as well as a SKYPLEX payload for on-board multiplexing. It will be
used to provide television and radio broadcast services. The HOT BIRD(TM) satellites are positioned at 13 degrees East
longitude and deliver 600 television channels and 475 radio services across Europe, North Africa and the Middle East.

Lockheed Martin Space Systems, headquartered in Denver, Colo., is one of the major operating units of Lockheed Martin
Corp. Space Systems designs, develops, tests, manufactures and operates a variety of advanced technology systems for
military, civil and commercial customers. Chief products include a full-range of space launch systems, including heavy- lift
capability, ground systems, remote sensing and communications satellites for commercial and government customers, advanced
space observatories and interplanetary spacecraft, fleet ballistic missiles and missile defense systems.

Headquartered in Bethesda, Md., Lockheed Martin is a highly diversified global enterprise principally engaged in the research,
design, development, manufacture and integration of advanced-technology systems, products and services. The corporation`s
core businesses span space and telecommunications, electronics, information and services, aeronautics, energy and systems
integration. Lockheed Martin had 2001 sales surpassing $24 billion.

ILS offers the broadest range of launch services in the world along with products with the highest reliability in the industry. ILS`
Atlas rockets and their Centaur upper stages are built by Lockheed Martin Space Systems Co. -- Astronautics Operations at
facilities in Denver, Colo.; Harlingen, Texas; and San Diego, Calif. The three-stage Proton and the available Breeze M upper
stage are produced by Khrunichev at its factory near Moscow. The alternative Block DM upper stage is built by Energia, also
near Moscow.

For more information, visit http://www.ilslaunch.com.

Note: A Photo is available at http://www.businesswire.com/cgi-bin/photo.cgi?pw.082102/bb8

Contact:

ILS
Fran Slimmer
McLean [phone]
Mobile: [phone]
Cape Canaveral: [phone];
[e-mail]

[Gatsby2]

Wednesday August 21, 8:23 pm Eastern Time

Press Release

SOURCE: International Launch Services

Inaugural Atlas V Scores Success for ILS, Lockheed
Martin

CAPE CANAVERAL AIR FORCE STATION, Fla.--(BUSINESS WIRE)--Aug. 21, 2002--The first Atlas V launch vehicle
scored a triumph for builder Lockheed Martin Corp. (NYSE:LMT - News) and launch provider International Launch Services
(ILS) today, placing its satellite payload into orbit with a flawless flight.

The rocket lifted off from the new Launch Complex 41 at Cape Canaveral
at 6:05 p.m. All systems performed as expected, and the HOT
BIRD(TM) 6 broadcast satellite was placed into orbit about 31 minutes
later. Satellite owner Eutelsat, of Paris, reported that the spacecraft is
doing fine.

"Once again the Atlas team has demonstrated its careful preparation and
dedication to Mission Success," said Mark Albrecht, president of ILS,
which manages all tasks associated with providing launch services on the
Atlas. "This is the sixth of six Atlas variants with first-flight success, and the
third time Eutelsat has been our inaugural customer. I`m proud we could
once again validate their trust and confidence in Atlas."

The Atlas V, produced by Lockheed Martin Space Systems Co., is the
latest generation in a long line of reliable rockets. Today`s flight gives the
Atlas family a string of 61 consecutive successful launches over nine years using the Atlas II, Atlas III and Atlas V vehicle
configurations.

"I am extremely proud of the phenomenal team of people at Lockheed Martin, our suppliers and partners, who have built the
best launch system in the world," said G. Thomas Marsh, president and general manager of Lockheed Martin Space Systems -
Astronautics Operations. "We had a vision back in 1993 of where we wanted to take the Atlas. With today`s successful launch,
we celebrate the achievement of that vision and the continuing success story of Atlas."

This is the most powerful version of Atlas launch vehicles to launch, illustrating Lockheed Martin`s commitment to being the
preeminent launch system provider in the United States. Atlas V is the first to fly of the next-generation launch vehicles designed
to meet the needs of the U.S. Air Force`s Evolved Expendable Launch Vehicle (EELV) program as well as the global
commercial satellite market.

International Launch Services, headquartered in McLean, Va., markets not only the Atlas but also the Russian Proton, offering
mutual backup between the two vehicles. ILS is a joint venture of Lockheed Martin and Russian companies Khrunichev State
Research and Production Space Center and RSC Energia.

HOT BIRD(TM) 6 is the most powerful satellite to be launched for Eutelsat. It is an Alcatel Spacebus 3000B3 satellite
carrying 28 transponders at Ku-band and 4 at Ka-band, as well as a SKYPLEX payload for on-board multiplexing. It will be
used to provide television and radio broadcast services. The HOT BIRD(TM) satellites are positioned at 13 degrees East
longitude and deliver 600 television channels and 475 radio services across Europe, North Africa and the Middle East.

Lockheed Martin Space Systems, headquartered in Denver, Colo., is one of the major operating units of Lockheed Martin
Corp. Space Systems designs, develops, tests, manufactures and operates a variety of advanced technology systems for
military, civil and commercial customers. Chief products include a full-range of space launch systems, including heavy- lift
capability, ground systems, remote sensing and communications satellites for commercial and government customers, advanced
space observatories and interplanetary spacecraft, fleet ballistic missiles and missile defense systems.

Headquartered in Bethesda, Md., Lockheed Martin is a highly diversified global enterprise principally engaged in the research,
design, development, manufacture and integration of advanced-technology systems, products and services. The corporation`s
core businesses span space and telecommunications, electronics, information and services, aeronautics, energy and systems
integration. Lockheed Martin had 2001 sales surpassing $24 billion.

ILS offers the broadest range of launch services in the world along with products with the highest reliability in the industry. ILS`
Atlas rockets and their Centaur upper stages are built by Lockheed Martin Space Systems Co. -- Astronautics Operations at
facilities in Denver, Colo.; Harlingen, Texas; and San Diego, Calif. The three-stage Proton and the available Breeze M upper
stage are produced by Khrunichev at its factory near Moscow. The alternative Block DM upper stage is built by Energia, also
near Moscow.

For more information, visit http://www.ilslaunch.com.

Note: A Photo is available at http://www.businesswire.com/cgi-bin/photo.cgi?pw.082102/bb8

Contact:

ILS
Fran Slimmer
McLean [phone]
Mobile: [phone]
Cape Canaveral: [phone];
[e-mail]

[Gatsby2]

Wednesday August 21, 8:23 pm Eastern Time

Press Release

SOURCE: International Launch Services

Inaugural Atlas V Scores Success for ILS, Lockheed
Martin

CAPE CANAVERAL AIR FORCE STATION, Fla.--(BUSINESS WIRE)--Aug. 21, 2002--The first Atlas V launch vehicle
scored a triumph for builder Lockheed Martin Corp. (NYSE:LMT - News) and launch provider International Launch Services
(ILS) today, placing its satellite payload into orbit with a flawless flight.

The rocket lifted off from the new Launch Complex 41 at Cape Canaveral
at 6:05 p.m. All systems performed as expected, and the HOT
BIRD(TM) 6 broadcast satellite was placed into orbit about 31 minutes
later. Satellite owner Eutelsat, of Paris, reported that the spacecraft is
doing fine.

"Once again the Atlas team has demonstrated its careful preparation and
dedication to Mission Success," said Mark Albrecht, president of ILS,
which manages all tasks associated with providing launch services on the
Atlas. "This is the sixth of six Atlas variants with first-flight success, and the
third time Eutelsat has been our inaugural customer. I`m proud we could
once again validate their trust and confidence in Atlas."

The Atlas V, produced by Lockheed Martin Space Systems Co., is the
latest generation in a long line of reliable rockets. Today`s flight gives the
Atlas family a string of 61 consecutive successful launches over nine years using the Atlas II, Atlas III and Atlas V vehicle
configurations.

"I am extremely proud of the phenomenal team of people at Lockheed Martin, our suppliers and partners, who have built the
best launch system in the world," said G. Thomas Marsh, president and general manager of Lockheed Martin Space Systems -
Astronautics Operations. "We had a vision back in 1993 of where we wanted to take the Atlas. With today`s successful launch,
we celebrate the achievement of that vision and the continuing success story of Atlas."

This is the most powerful version of Atlas launch vehicles to launch, illustrating Lockheed Martin`s commitment to being the
preeminent launch system provider in the United States. Atlas V is the first to fly of the next-generation launch vehicles designed
to meet the needs of the U.S. Air Force`s Evolved Expendable Launch Vehicle (EELV) program as well as the global
commercial satellite market.

International Launch Services, headquartered in McLean, Va., markets not only the Atlas but also the Russian Proton, offering
mutual backup between the two vehicles. ILS is a joint venture of Lockheed Martin and Russian companies Khrunichev State
Research and Production Space Center and RSC Energia.

HOT BIRD(TM) 6 is the most powerful satellite to be launched for Eutelsat. It is an Alcatel Spacebus 3000B3 satellite
carrying 28 transponders at Ku-band and 4 at Ka-band, as well as a SKYPLEX payload for on-board multiplexing. It will be
used to provide television and radio broadcast services. The HOT BIRD(TM) satellites are positioned at 13 degrees East
longitude and deliver 600 television channels and 475 radio services across Europe, North Africa and the Middle East.

Lockheed Martin Space Systems, headquartered in Denver, Colo., is one of the major operating units of Lockheed Martin
Corp. Space Systems designs, develops, tests, manufactures and operates a variety of advanced technology systems for
military, civil and commercial customers. Chief products include a full-range of space launch systems, including heavy- lift
capability, ground systems, remote sensing and communications satellites for commercial and government customers, advanced
space observatories and interplanetary spacecraft, fleet ballistic missiles and missile defense systems.

Headquartered in Bethesda, Md., Lockheed Martin is a highly diversified global enterprise principally engaged in the research,
design, development, manufacture and integration of advanced-technology systems, products and services. The corporation`s
core businesses span space and telecommunications, electronics, information and services, aeronautics, energy and systems
integration. Lockheed Martin had 2001 sales surpassing $24 billion.

ILS offers the broadest range of launch services in the world along with products with the highest reliability in the industry. ILS`
Atlas rockets and their Centaur upper stages are built by Lockheed Martin Space Systems Co. -- Astronautics Operations at
facilities in Denver, Colo.; Harlingen, Texas; and San Diego, Calif. The three-stage Proton and the available Breeze M upper
stage are produced by Khrunichev at its factory near Moscow. The alternative Block DM upper stage is built by Energia, also
near Moscow.

For more information, visit http://www.ilslaunch.com.

Note: A Photo is available at http://www.businesswire.com/cgi-bin/photo.cgi?pw.082102/bb8

[Gatsby2]

Sorry, aber irgendetwas scheint beim Posten schiefgegangen zu sein.

[Gatsby2]

This place works quite well, but who the heck is Fran?

Press Release
Source: International Launch Services


ILS Proton Successfully Launches EchoStar
VIII Satellite
Thursday August 22, 8:40 am ET

BAIKONUR COSMODROME, Kazakhstan--(BUSINESS WIRE)--Aug. 22, 2002--A
Russian Proton rocket successfully delivered its EchoStar VIII satellite payload into orbit
today, marking the fifth mission this year for International Launch Services (ILS).

The Proton K/Block DM rocket lifted
off at 11:15 a.m. local time (1:15
a.m. EDT, 5:15 GMT), and placed
the EchoStar VIII direct-broadcast
satellite into geosynchronous
transfer orbit 6 hours and 36
minutes later. This was the third
Proton mission of the year for ILS,
and the fifth Proton flight overall for
2002.

Proton has had 100 percent
success in all 24 of its launches
over the last 30 months, for both
Russian government missions and
for commercial flights managed by
ILS, based in McLean, Va.

The successful launch of EchoStar VIII brings EchoStar`s fleet to eight satellites. From
its 110 degrees West Longitude orbital position, EchoStar VIII`s unique spot-beam
feature will allow a more efficient use of spectrum, enabling EchoStar to expand DISH
Network local-into-local service and increase in-orbit backup capacity.

This also was the second satellite launched this year by ILS for EchoStar
Communications Corp. of Littleton, Colo. The EchoStar VII satellite was successfully
launched Feb. 21 on an Atlas III rocket.

"We appreciate the confidence that EchoStar has shown in ILS by choosing our
vehicles for two launches in a short time frame," said ILS President Mark Albrecht.
"Proton`s reliability is legendary, and we`re proud to celebrate another successful
mission." ILS vehicles have launched six of EchoStar`s eight satellites.

EchoStar VIII is a 1300 model satellite built by Space Systems/Loral. Albrecht noted that
this is the third Loral-built satellite to be launched on Proton this year.

ILS is a joint venture of Lockheed Martin Corp. (NYSE:LMT - News) and two Russian
companies, Khrunichev State Research and Production Space Center and RSC
Energia. ILS markets and manages the missions for the Atlas and the Proton.

The ILS joint venture was honored this summer with the 2002 Market Engineering
Strategic Alliance Leadership Award from consulting and training firm Frost & Sullivan.
ILS was cited for having led the market in number of launches worldwide for the last
three years.

ILS offers the broadest range of launch services in the world along with products with
the highest reliability in the industry. ILS` Atlas rockets and their Centaur upper stages
are built by Lockheed Martin Space Systems Company-Astronautics Operations at
facilities in Denver; Harlingen, Texas; and San Diego, Calif.

The three-stage Proton and the Breeze M upper stage are assembled by Khrunichev at
its plant near Moscow. The alternative Block DM upper stage is built by Energia, also
near Moscow. For more information, visit www.ilslaunch.com.

Contact:

International Launch Services
Fran Slimmer
McLean: 571/633-7462
mobile: [phone]
Cape Canaveral: 321/476-5283
[e-mail]

[Gatsby2]

A Short Intro to Wallstreet : Online

As mentioned in the group mail already, this site allows illustrating a post with a multitude of features not available to us on the other site (or any other site I would know of).

The site is based on a very open architecture known as "UBB", which requires the application of a few commands, some of which being familiar as shortcuts from MS-Word already. I will now introduce you to the most important commands in brief:

General Information

All commands are to be inserted into rectangular brackets.

For the purposes of this tutorial I had to insert a dot into the syntax, so please simply omit the dots, and the commands will work as supposed to (the slash in the final command must not be removed, however).

[.b]text[./b] highlights text in bold type; [.i]...[./i] makes for italics; [.u]...[./u] works out as underlined.

In the headline I`ve combined underlined and bold, using the following syntax: [.u][.b]...[./u][./b].

Features

HOW TO INSERT IMAGES

I would certainly not have wasted your time by taking you here, if UBB were just about highlighting parts of a written text.

IMO, the most important feature of UBB is the capability of posting images and other stuff.

All you have to do is copy the image location (URL) -using Netscape a right mouseclick on the image will take you there-, and then paste the image`s URL into the syntax [.img]URL[./img].

Using these commands will enable you to insert both, images:



and charts:



LMT 4 year SP (black), benchmarked by the S%P 500 (blue), additional information being 38-DMA (yellow), 100 DMA (orange), and Bollinger bands (greyish); underneath: volume and RSI.

Please note that live charts require too much of bandwidth, and are hence not supported on this site. Making a live chart available will require directing the readers to the respective site itself by providing the URL.


HOW TO INSERT URL`S AND EMAIL

URL`s are to be enclosed within the syntax [.url][./url], e.g.:

http://www.lockheedmartin.com

A direct link to a mailbox can be established by [.mail][./mail]


HOW TO INSERT FUN STUFF

For better expressing emotions UBB allows for the insertion of emoticons.

The most common emoticons are available by shortcuts (again omit the dots, please):

:.) = ; ;.) = ; :.p = ; :.D = and so forth.

Other shortcuts work like: :.kiss:; :.eek:; :.rolleyes:; :.mad: ...

; ; ;

Expressing advanced feelings, however, requires pasting the respective emoticon into [.img][./img] commands again.

Many such emoticons are avaible on sites such as http://www.plauder-smilies.com/, and might work out like this:

"Good morning BSM "

[Gatsby2]

Reuters Company News
Pentagon seen keeping F-22 acquisition plan intact
Friday September 13, 2:28 pm ET

By Andrea Shalal-Esa

WASHINGTON, Sept 13 (Reuters) - The U.S. Defense Department is expected to endorse a
recommendation allowing the Air Force to purchase 295 F-22 Lockheed Martin Corp.
(NYSE:LMT - News) fighters in coming years, averting a possible cut in the program to 180
planes, sources familiar with the matter said on Friday.

Top Pentagon officials are expected to
announce their decision on the F-22 in
November, probably after the mid-term
congressional elections, the sources
said.

"The Office of the Secretary of Defense
has apparently accepted the position
that the F-22 is transformational," said
one source, who asked not to be
named.

Defense Secretary Donald Rumsfeld this
spring ordered the services to review all
major weapons systems to see if they
could be curtailed or even canceled, to
free up funds for more modern weapons
that would help transform the military.

Industry and defense officials said the F-22 -- due to be ready for combat in three years --
appears to have survived months of intense scrutiny, which should be an enormous relief to Air
Force officials who have lobbied hard to stave off any cuts in the program.

Top Air Force officials have said the service actually needs as many as 381 F-22s, designed in
the mid-1980s to counter advanced Soviet fighters and replace the F-15 as the top U.S.
air-to-air fighter.

The Air Force is set to rename the fighter as the "F/A-22" next week to emphasize its ability to
hit targets on the ground, in addition to aerial dogfights, said sources familiar with the name
change.

They noted that it could help convince some defense officials and other skeptics that the plane
can play a vital role in bombing ground targets, just as F-16s have in Afghanistan. The F-22`s
advanced avionics, latest software and stealthy air frame, designed to be virtually invisible to
radar, would be an added advantage in such missions.

Air Force Chief of Staff Gen. John Jumper is expected to announce the name change at the Air
Force Association convention in Washington next week, defense officials said.

LOCKHEED WORKING TO CUT COST OF PLANE

Lockheed Martin had no comment on the budget discussions or the name change but said it
would work with the Air Force to make the plane more affordable.

"The contractor team is committed to building as many planes as the Air Force needs at a
price that the U.S. government can afford," said company spokesman Greg Caires.

"We have a number of initiatives under way to shave costs off the airplane," he said.

The Defense Acquisition Board in August 2001 recommended that the Air Force trim its plan to
buy 339 of the stealthy fighters back to 295.

But it left open the possibility that the Air Force could still buy 339 F-22 fighters if it worked
with Lockheed to trim the cost and remain under a cost cap of $43 billion for producing the
plane.

Air Force officials have said they are confident that they can still make the plane more
cost-effective.

Company officials say they have worked hard to reduce the hefty $99.7 million price tag of each
F-22 fighter, including efforts to use radar and other technology from the Lockheed Joint Strike
Fighter, or F-35, on the F-22s.

The F-35 was designed to be a much cheaper fighter to replace the F-16, able to meet the
needs of various military services as well as foreign countries.

Some F-22 technologies were adapted and made cheaper for use on the F-35, and they could
now be used on the F-22 as it comes under budget pressure.

The current purchases of the F-22, which is already in low-rate initial production, are due to be
completed in 2013.

The program has already been pared back significantly since its inception in the 1980s, when
the Air Force planned to buy a total of 750 planes.

[junkstro]

Lockheed Martin wins $40 million order from US Navy for satellite development

SUNNYVALE, CA (AFX) - Lockheed Martin Corp said it won one of two $40 million contracts from the US Navy Space and Naval Warfare Systems Command, San Diego, CA.

The contract is to begin the Component Advanced Development phase of the next-generation narrowband tactical satellite communications system, known as the Mobile User Objective System (MUOS).

The contract will last 14 months, it said.

© AFX News


Story filed: 07:15 Tuesday 24th September 2002

[Gatsby2]

Press Release
Source: Lockheed Martin


U.S. Air Force/Lockheed Martin-led Team Celebrates Success of Milstar Program as Final Satellite is Readied for Shipment to Cape for January Launch
Wednesday September 25, 3:36 pm ET

SUNNYVALE, Calif.--(BUSINESS WIRE)--Sept. 25, 2002--In a ceremony heralding the
success of the Defense Department`s most technologically advanced
telecommunications satellite program, Lockheed Martin today announced that final
integration and testing is nearly complete and the company is preparing to ship the last
Milstar satellite from its Sunnyvale, Calif. facilities to Cape Canaveral Air Force Station,
Fla. for a scheduled launch in January 2003.

With over 600 of its employees as well as representatives from Boeing,
TRW and the U.S. Air Force, the company today celebrated the success
of the Milstar program which provides critical, secure links to our national leaders, air,
land and sea forces around the globe.

"The Milstar team is very proud of this historic program milestone" said Leonard F.
Kwiatkowski, executive vice president for programs at Lockheed Martin Space Systems
in Sunnyvale. "Milstar has provided the Department of Defense with substantial
increases in communications capability and has made a significant contribution to our
national security over the past eight years."

The Milstar team is led by the MILSATCOM Joint Program Office at the U.S. Air Force
Space and Missile Systems Center, Los Angeles Air Force Base, Calif. Lockheed
Martin Space Systems, Missiles & Space Operations, is the Milstar team leader and
prime contractor. Boeing Satellite Systems (BSS) provides the Medium Data Rate
(MDR) payload and crosslink subsystem, and TRW Space & Electronics provides the
Low Data Rate (LDR) payload.

"The Milstar payloads` onboard digital processing gave U.S. armed forces the
advantage of secure, bandwidth-on-demand space communications and flexible
space-based network capabilities for the first time," said Timothy W. Hannemann,
president and CEO of TRW Space & Electronics. "TRW is proud to have pioneered this
capability, partnering with the Air Force and Lockheed Martin."

Of the four Milstar satellites currently on orbit, two are of the first-generation Block I
design, launched in 1994 and 1995. In the post-Cold War era, the system graduated to
a new Block II design and the Air Force transitioned to the Block II configuration with the
successful launch of the first Milstar II satellite in Feb. 2001. The Block II system offers
a variety of enhanced communications features for the U.S. military, including added
security through the use of specially designed antennas and faster data-rate
transmissions for all users. Milstar II satellites carry the MDR payload, which can
process data at speeds of 1.5 megabits per second. A second Milstar II satellite was
launched in January of this year, providing the critical capability to connect satellites in
a ring configuration encircling the earth. The last satellite, also a Milstar II, is the third to
carry the MDR payload, and is schedule for launch in January 2003 aboard a
Lockheed Martin-built Titan IVB/Centaur launch vehicle from Cape Canaveral Air Force
Station, Fla.

Milstar`s "switchboard-in-space" concept allows communications links to be established
rapidly and is a revolutionary departure from current communications systems. The
spacecraft constellation provides protected, global communication links for the joint
forces of the U.S. military and can transmit voice, data, and imagery, in addition to
offering video teleconferencing capabilities. This final Milstar launch will significantly
increase the Milstar constellation`s capability to provide rapid, global coverage for the
nation`s strategic forces, Air Force`s space warning assets and operationally deployed
military forces.

Milstar is used for communications among ships, submarines and land-based Naval
stations via Navy Extremely High Frequency Satellite Communications Program
terminals. The system provides communications networks to Army units via the Secure
Mobile Anti-Jam Reliable Tactical Terminals mounted on vehicles, and to individual
troops and small units from the Single Channel Anti-Jam Man-Portable terminals. For
the Air Force, the Milstar system provides links for Air Force Command Post Terminals.

Lockheed Martin Space Systems Company, headquartered in Denver, Colo., is one of
the major operating units of Lockheed Martin Corporation. Space Systems designs,
develops, tests, manufactures and operates a variety of advanced technology systems
for military, civil and commercial customers. Chief products include space launch and
ground systems, remote sensing and communications satellites for commercial and
government customers, advanced space observatories and interplanetary spacecraft,
fleet ballistic missiles and missile defense systems.

NOTE TO EDITORS: Low- and high-resolution JPEG image files of Milstar are available
at the following URL:
http://lmms.external.lmco.com/photos/military_space/milstar/…

[Gatsby2]

Ja, auch wenn LMT hier nicht erwähnt ist, gehört die Nachricht dennoch in den Thread, denn die A-12 hat in der Branche für Furore gesorgt.

Derjenige, der damals das Projekt gekillt hat war übrigens ein Verteidigungsminister namens Dick Cheney.

Reuters Company News
U.S. on collision course with top defense firms
Friday September 27, 5:23 pm ET

By Jim Wolf

(recasts with government statement, adds details)

WASHINGTON, Sept 27 (Reuters) - The U.S. government said on Friday it would start
squeezing money from two of its biggest defense contractors in an escalating
multibillion-dollar battle over the biggest weapons program ever canceled for default.

At issue is a demand by the Navy for more than $2.3 billion to settle an
11-year dispute with General Dynamics Corp. (NYSE:GD - News) and
McDonnell Douglas Corp., now owned by Boeing Co. (NYSE:BA - News), over the 1991
collapse of the A-12 bomber program.

Unless payment is received by Monday midnight or other arrangements are reached,
the Defense Department will start withholding funds from payments due to the firms
under other contracts, said Army Maj. Ted Wadsworth, a Pentagon spokesman.

He said this represented the consolidated position of the Defense Department, Justice
Department and the Navy, which killed the A-12 project in January 1991 claiming the
companies had not performed as stipulated by the contract.

The two firms, each of which have hundreds if not thousands of contracts with the
Defense Department, said they expected to prevail against the government in the
courts.

The Navy`s acting general counsel, Thomas Kranz, rejected the firms` latest request for
further deferment of payment of the sum, but negotiations were continuing, Wadsworth
said.

The Navy demand -- amounting to about $1.15 billion from each of the contractors --
includes the original $1.3 billion paid under the contract to build eight A-12 bombers
plus more than $1 billion in interest through Aug. 31.

The interest alone totals more than $191,000 a day, a Navy officer said. The
government began ratcheting up the pressure in an Aug. 30 letter from its comptroller,
Dionel Aviles.

The A-12, carrier-based bomber program, never made it into production despite years
of development. Then-Defense Secretary Dick Cheney pulled the plug on the $4.8
billon contract as its projected costs spiraled.

It was the largest U.S. weapons program ever terminated and the first canceled for
default, or nonperformance, with the demand that the contractors return funds already
paid to them.

In its Aug. 30 letter, the Navy warned Boeing and General Dynamics it would turn the
matter over to the Pentagon`s collection agency, the Defense Finance and Accounting
Service, unless it received payment within 30 days.

LEGAL WRANGLE WITH MANY TWISTS

A spokesman at Boeing`s Chicago headquarters, John Dern, called the government`s
position "unwarranted," saying the aircraft manufacturer had "a strong legal case which
we are continuing to pursue and the process is far from over."

The case has taken many twists, including rulings for and against the two companies. In
one of the latest, a judge at the Court of Claims sided with the government, ruling that
the contractors were in default. An appeal is pending before the Court of Appeals for
the federal circuit in Washington D.C.

Kendell Pease, a spokesman for Falls Church, Virginia-based General Dynamics, said
oral arguments were expected to take place early next year. "And we expect a decision
in our favor some time in the spring."

Earlier this month, General Dynamics slammed the government`s demand as "an
unseemly negotiating tactic."

James Stevenson, author of "The $5 Billion Misunderstanding," a detailed history of the
dispute, faulted the Navy for ignoring laws requiring Congress to appropriate funds
before a service enters into a contract.

"The Navy lied, committed felonies, and violated its oath to the U.S. Constitution in the
process of developing the A-12," Stevenson told Reuters.

"So why should it come as a shock to anyone that the Navy is reneging on its
agreement to permit the contractors to exhaust their legal remedies prior to returning
any money?"

Settlement talks began after the Federal Court of Claims in Washington ruled that the
government had been within its rights to cancel the bomber, which cost taxpayers more
than $5 billion but produced no aircraft for the military.

In the Aug. 30 letter, Aviles, the Navy comptroller, said the settlement talks "while
constructive, have become protracted beyond our initial expectation, and we can no
longer justify deferring collection of the amounts owed."

Our objective is to get the best value for the American taxpayer and the Navy," a Navy
spokeswoman Lt. Cmdr. Dawn Cutler, said at the time. "We believe it`s time to resolve
the matter."

[junkstro]

UK Ministry of Defence opts for 150 Lockheed Martin`s F35 STOVL aircraft

The UK`s Ministry of Defence said up to 150 Short Take Off and Vertical Landing (STOVL) versions of the new Lockheed Martin made F35 aircraft will replace the Harrier in 2012.

Defence Procurement minister Lord Bach said, "We have chosen this variant, which is the one being bought by the US Marine Corps, because it fully meets our military needs - and it builds on Britain`s unique and valuable knowledge of STOVL aircraft acquired during nearly four decades of operations with Harrier on land and at sea."

Bach said the two new aircraft carriers needed to house the F35 "must have the maximum flexibility to meet our defence needs throughout their service lives of up to 50 years."

"That is why we`ve decided they will be built to an innovative `adaptable` plan so that they will operate STOVL F35 aircraft, but can be modified to fly the generation of aircraft - which might possibly be unmanned combat aerial vehicles - even beyond the F35, whether or not these too are STOVL," said Bach.

Industry estimates that some 3,500 jobs could be created or sustained by work on the F35 in the UK, rising to 8,500 once the aircraft moves into production and then into service.

The total value of the F35 programme, including exports, to UK industry could be as much as 27 billion stg, said the MoD.

Ministers will announce early in 2003 which of two competing prime contractors, Thales Naval and BAE Systems, will be responsible for the design and build of the ships.

A contract, worth some £3 billion, for the design and build of both ships is expected to be placed in 2004 with the chosen prime contractor.

© AFX News

[Gatsby2]

Press Release
Source: Lockheed Martin Aeronautics Company


Lockheed Martin F/A-22 Raptor Recognized for Quality Practices in Development And Manufacturing Products
Wednesday October 2, 10:33 am ET

MARIETTA, Ga., Oct. 2 /PRNewswire-FirstCall/ -- Aviation Week & Space Technology
magazine has awarded its 2002 Quality Center Award to the U.S. Air Force/industry
F/A-22 Raptor air dominance fighter program team for successfully executing all
program requirements with strict adherence to the highest quality within tight budget
restraints.

The award, established in 1998, identifies and celebrates the
aerospace industry`s ability to initiate quality practices in development
and manufacturing products for the civil aviation, military and space industries.
Previous recipients of the Aviation Week Quality Center Award are the Wichita
Aerospace team, U.S. Air Force Materiel Command, Naval Air Systems Command,
Toulouse Aerospace Center and the F/A-18E/F team.

Lockheed Martin Aeronautics Co., a business area of Lockheed Martin Corp. (NYSE:
LMT - News), leads the F/A-22 Raptor industry team.

"Speaking on behalf of the 1,000 suppliers in 46 states that contribute time, talent and
energy to the F/A-22 program, we are truly honored to receive this prestigious award,"
said Bob Rearden, vice president and F/A-22 program general manager at Lockheed
Martin Aeronautics.

Aviation Week awarded the F/A-22 program because of the team`s ability to
successfully develop and execute the following criteria: development of high- quality
products and continuous process improvement techniques; organization- wide focus on
customer needs; aviation/aerospace economic activity and employment; and leadership
in spreading quality initiatives among numerous suppliers, customers and partners.

Also named in the award are the F/A-22 Raptor program`s key, first-tier suppliers and
partners, which include Boeing, engine-maker Pratt & Whitney, avionics suppliers BAE
Systems North America and TRW, and the Northrop Grumman-led joint venture with
Raytheon for the aircraft`s radar system.

The F/A-22 Raptor air dominance fighter is built by Lockheed Martin in partnership with
Boeing, powered by Pratt and Whitney engines and made from parts and subsystems
provided by approximately 1,200 subcontractors and suppliers in 46 states. Principal
production activities take place at Lockheed Martin facilities in Marietta, Ga., Fort
Worth, Texas, and Palmdale, Calif., as well as at Boeing`s plant in Seattle, Wash.

Final assembly and initial flight-testing of the Raptor occurs at the Marietta factory,
headquarters for the F/A-22 program`s contractor team. The Raptor`s low-observable
wing and vertical tail edges, low-observable antennas and radomes are built in
Palmdale while its mid-fuselage is built in Fort Worth. Boeing builds the aircraft`s aft
fuselage and main part of the wings.

The Raptor will replace the aging F-15 Eagle as America`s premier front- line fighter jet
starting in 2005. The Raptor`s balanced design of stealth, supercruise speed and
extreme agility, along with its advanced integrated avionics and overall
user-friendliness, makes the aircraft truly transformational and will allow the F/A-22 to
help the Pentagon shorten future wars and save American and allied lives.

Lockheed Martin Aeronautics Co., headquartered in Fort Worth, Texas, is a leader in
the design, development, systems integration, production and support of advanced
military aircraft and related technologies. Its customers include the military services of
the United States and allied countries throughout the world. Products include the F-16,
F/A-22, F-35 JSF, F-117, T-50, C-5, C-130, C-130J, P-3, S-3 and U-2.

Lockheed Martin Aeronautics Co. is a unit of Lockheed Martin Corp., headquartered in
Bethesda, Md. Lockheed Martin is a global enterprise principally engaged in the
research, design, development, manufacture and integration of advanced technology
systems, products and services. Employing about 125,000 people worldwide, Lockheed
Martin had 2001 sales of $24 billion.

For more information on Lockheed Martin Corp., visit: http://www.lockheedmartin.com

For more information on Lockheed Martin Aeronautics Co., visit:
http://www.lmaeronautics.com

[Gatsby2]

Lockheed Martin Announces New Share Repurchase Authorization to Replace Prior Authority

BETHESDA, Maryland, October 7, 2002 -- Lockheed Martin Corporation (NYSE: LMT) announced that
its Board of Directors has authorized a share repurchase program for up to 23 million shares,
or approximately 5% of its outstanding common stock, from time-to-time if market and business
conditions warrant. As of July 31, 2002 Lockheed Martin had approximately 455 million shares
outstanding.

The authorization is intended as a standing authority, and replaces a prior authority
originally approved in 1995. Under the prior authority, management was authorized to repurchase
common stock to counter the dilutive effect of shares issued under certain of the Corporation`s
compensation and benefit plans.

Under the new standing repurchase authority, the number of shares to be purchased, the timing
of purchases and the initiation of the program will be at the discretion of management. Shares
may be purchased in the open market or in privately negotiated transactions.

Lockheed Martin Corporation, headquartered in Bethesda, MD, is a global enterprise principally
engaged in the research, design, development, manufacture and integration of advanced
technology systems, products and services. Employing about 125,000 people worldwide, Lockheed
Martin had 2001 sales of $24 billion.

[Gatsby2]

Lockheed will (vielleicht) Aktien zurückkaufen, Raytheon schmeißt 500 Leute raus, Boeing 30.000, und irgendwann hat auch Salomon Smith Barney mitbekommen, daß der Verteidigungsbranche selbst unter George W. Bush die Bäume nicht in den Himmel wachsen werden:

Reuters Company News
RESEARCH ALERT-Salmon downgrades defense industry stocks
Tuesday October 8, 2:00 pm ET

NEW YORK, Oct 8 (Reuters) - Wall Street firm Salomon Smith Barney on Tuesday cut
its rating on the defense industry to "market weight" from "overweight," citing a drop in
public support for defense spending.

The news sent the shares of arms makers down.

"Public opinion in favor of increasing defense spending dropped much more than
expected," analyst George Shapiro said in a research report. "It is possible that the
weak economy has also hurt public support. If so, the rising deficit could start to hurt
defense."

The S&P Aerospace and Defense Index (^GSPAERO - News) was down nearly 4
percent at 181.03 in midday trading.

Expectations of rising government defense spending following the Sept. 11 attacks on
the United States have boosted shares of arms makers in the past year, even as the
broader market has fallen.

Support for increased defense spending has fallen to 50 percent, down from 80
percent immediately following the Sept. 11 attacks, according to a poll conducted by
Salomon, Shapiro said.

Shares of Lockheed Martin Corp. (NYSE:LMT - News), the No. 1 U.S. defense
contractor, were down 3.8 percent to $59.10 on the New York Stock Exchange.
Salomon cut its 12-month price target on Lockheed to $72 from $80.

Salomon cut its price target on Raytheon Co. (NYSE:RTN - News) to $36 from $48.
Shares of Raytheon, which makes missile systems, fell $1.77, or 6 percent, to $27.38
on the NYSE.

Salomon cut its rating on Alliant Techsystems (NYSE:ATK - News) to "in-line" from
"outperform" and reduced its 12-month price target to $71 from $77. Shares of Alliant,
a maker of ammunition and parts for rocket-propulsion systems, fell $5.25, or nearly 8
percent, to $62.25 on the New York Stock Exchange.

[Gatsby2]

Reuters Company News
Mergers, govt contracts to lift US defense profits
Thursday October 10, 2:34 pm ET

By Mark Weinraub

NEW YORK, Oct 10 (Reuters) - Strong government spending and
a recent spate of acquisitions are expected to prop up profits
at U.S. defense companies when they report third-quarter
earnings in the coming weeks.
Traditional defense firms such as Lockheed Martin Corp.
(NYSE:LMT - News) are expected to post strong earnings on gains from its
jet building business, particularly production of the F-35
Joint Strike Fighter.
But smaller contractors, such as L-3 Communications
Holdings Inc. (NYSE:LLL - News), will see strong gains related to the
fallout from the Sept. 11 terror attacks. L-3 has seen a jump
in orders of its bomb detection systems for airports.
And acquisitions, such as Northrop Grumman Corp.`s (NYSE:NOC - News)
recently closed $2.1 billion purchase of shipbuilder Newport
News will also add to firms` bottom lines. Other defense
companies, such as United Defense Industries Inc. (NYSE:UDI - News) have
also used acquisitions as a key part of their growth
strategies.
"I think we can anticipate double digit earnings growth
from most of the (defense) companies," said Paul Nisbet,
defense analyst at JSA Research.
The defense industry`s run of profits in a weak economy
have boosted shares of arms makers in the past year but the
bear market finally caught up with the companies in the third
quarter. The Standard & Poor`s Aerospace and Defense index
(^GSPAERO - News) fell 20.8 percent during the third quarter,
underperforming the broad-based S&P 500 index (CBOE:^SPX - News), which
fell 17.6 percent during that time period.
Shares of major defense companies suffered even more in the
past week after a sector downgrade by Salomon Smith Barney
analyst George Shapiro. Shapiro said that public support for
increasing government spending on defense is waning.
But third-quarter earnings are still expected to be robust,
with most defense firms meeting or slightly exceeding Wall
Street`s profit forecasts, Shapiro said in a research report.
WEAK SPOTS
Companies with exposure to commercial aerospace, such as
Boeing Co. (NYSE:BA - News), will be vulnerable to the travel slump that
has slashed profits U.S. airlines in the past year, JSA`s
Nisbet said.
But it`s not just commercial aerospace that could cut into
otherwise strong earnings at the defense contractors. Raytheon
Co. (NYSE:RTN - News), which makes missile systems, will be hurt by cost
overruns at its discontinued engineering and construction
business.
Despite the possibility of a U.S. attack on Iraq and
strengthening of homeland defenses -- which is expected to be a
$38 billion market next year -- future profits are not
guaranteed, said Deutsche Bank Securities analyst Christopher
Mecray said.
"The defense outlook remains fairly sound, but certain
programs may be in line for reduction or elimination in fiscal
year 2004 budgets, and Iraq poses some uncertainty for stock
performance within a six month time frame," Mecray said.
Q3 2002 Q3 2001
Company Est. EPS Range Mean Actual EPS
Boeing Co................$0.42-$0.74 $0.60 $0.88
General Dynamics.........$1.27-$1.38.....$1.32........$1.13
ITT Industries...........$0.87-$0.92.....$0.90........$0.75
Lockheed Martin..........$0.64-$0.67.....$0.65........$0.59
L-3 Communications.......$0.58-$0.62.....$0.61........$0.41
Northrop Grumman.........$1.53-$1.61.....$1.57........$0.84
Raytheon.................$0.54-$0.59.....$0.57........$0.35
Rockwell Collins*........$0.35-$0.38.....$0.36........$0.45
TRW......................$0.80-$0.84.....$0.83........$0.59
Note: All estimates provided by market research firm
Thomson First Call.
* Rockwell Collins (NYSE:COL - News) is on a different fiscal
calendar and will be reporting fourth-quarter results.

[Gatsby2]

Lockheed upgraded as defense climbs


NEW YORK (CBS.MW) -- Lockheed Martin shares surged Friday after an upgrade by Credit
Suisse First Boston that brought the rest of the defense sector along for the ride.

Lockheed Martin (LMT: news, chart,
profile) rose by $2.10 to $62.98 for a 3.4
percent after CSFB analyst Pierre Chao
raised his rating on Lockheed from
"neutral" to "outperform" with a
12-month price target of $73.

Defense stocks were generally higher,
with many rising by $2 or more for the
second day in a row. The Dow Jones
Industrial Average was up 2.5 percent,
while the Amex Defense Index added
2.4 percent and the Philadelphia
Defense Index tacked on 2.2 percent.

United Technologies (UTX: news, chart,
profile) was among those making big
strides, as it moved up $2.03 to $54.18,
a 3.9 percent rise. General Dynamics
(GD: news, chart, profile) was up $2.19
to $80.21 for a 2.8 percent gain. And
Northrop Grumman (NOC: news, chart,
profile) ratcheted up $2.60 to $117.31,
climbing by 2.3 percent.

Other gainers were L-3 Communications
(LLL: news, chart, profile), up $1.46 to
$47.90, a 3.1 percent gainer. Alliant
Techsystems (ATK: news, chart, profile)
rose by $1.33 to $63.56 for a 2.1
percent increase.

Russ Britt is the Los Angeles Bureau
Chief for CBS.MarketWatch.com.

[Micky_Maus]

OK, LMT hat die fetten Jahre gehabt. Mittlerweile ist die Bewertung schon zu hoch. Wenn nicht bald ein schöner Krieg kommt, wird es brenzlig. Brezelverschlucker Georgy ist gar nicht amused über den Kurs der UN, kann er doch den Waffen-Krempel erst mal einpacken. Eigentlich sollte der Hightec-Krieg ab November in die Gänge kommen.
Daneben ist Bush gar nicht so beliebt wie etwa seine Vorgänger, Wiederwahl samt Handauszählung also höchst fraglich.

Um den Aktienkurs auf diesem Niveau zu halten, ist aber kein Al Gore wünschenswert. Zudem erholen sich die Technologieaktien, wodurch es wieder Alternativen zum schönen LMT-Papierchen gibt.



Boeing, einst größter Flugzeugbauer, ist jetzt -ebenso wie Lockheed in 1999- in schwieriges Fahrwasser geraten. Hohe Schulden, zurückgehende Umsätze und schwache Margen. Ob der lahme Phil Condit den Vogel wieder in die Höhe bringt? Haben wir eine ähnliche Situation unter umgekehrten Vorzeichen?

Wird also folglich Bush zurückrudern, Al Gore sein Nachfolger und Amerika wieder friedlich und brav sein? Dann könnte man ja wieder beruhigt verreisen, ein paar Bestellungen sind ja in der Pipeline. Wenn da nur nicht die Europäer wären mit ihrem Airbus...

[Gatsby2]

Press Release
Source: Lockheed Martin Aeronautics Company


Lockheed Martin Delivers First F/A-22 for Initial Operational Testing
Thursday October 24, 6:10 pm ET

MARIETTA, Ga., Oct. 24 /PRNewswire-FirstCall/ -- Lockheed Martin has officially delivered the
first production F/A-22 Raptor air dominance fighter to the U.S. Air Force. The formal
acceptance documents for the aircraft were signed at the Lockheed Martin Aeronautics
Company facility here on October 23.

Lockheed Martin Aeronautics Co. is a
business area of Lockheed Martin
Corp. (NYSE: LMT - News).

"It is supremely gratifying to achieve
acceptance of our first production
aircraft," said Bob Rearden, Lockheed
Martin vice president and F/A-22
program general manager.

The aircraft, the tenth Raptor built, is a
Production Representative Test
Vehicle (PRTV) and is the first aircraft
to be purchased with production phase
funds. It will be flown to the service`s
flight test center at Edwards AFB,
Calif., in the next few weeks. Raptor
10 will then be readied to successfully
support the F/A-22 program`s Dedicated Initial Operational Test & Evaluation (DIOT&E) phase,
scheduled to begin next year.

At Edwards, Raptor 10 will be assigned to the Air Force Operational Test & Evaluation Center
(AFOTEC) detachment, serving alongside Raptors 07, 08, 09 and 11 to demonstrate the F/A-22
is suitable for operational use.

AFOTEC`s DIOT&E mission is to demonstrate the Raptor`s lethality, survivability and reliability
in a simulated operational environment. DIOT&E is currently scheduled to begin during the
summer of 2003.

The F/A-22 Raptor air dominance fighter is built by Lockheed Martin in partnership with Boeing,
powered by Pratt and Whitney engines and made from parts and subsystems provided by
approximately 1,200 subcontractors and suppliers in 46 states. Principal production activities
take place at Lockheed Martin facilities in Marietta, Ga., Fort Worth, Texas, and Palmdale,
Calif., as well as at Boeing`s plant in Seattle, Wash.

Final assembly and initial flight-testing of the Raptor occurs at the Marietta factory,
headquarters for the F/A-22 program`s contractor team. The Raptor`s low-observable wing and
vertical tail edges, low-observable antennas and radomes are built in Palmdale. Approximately
300 employees support the program.

The Raptor will replace the aging F-15 Eagle as America`s premier front- line fighter jet starting
in 2005. The F/A-22`s transformational yet balanced design of stealth, supercruise speed and
extreme agility, along with its advanced integrated avionics and overall user-friendliness, will
allow the F/A-22 to help the Pentagon shorten future wars and save American and allied lives.

Lockheed Martin Aeronautics Co., headquartered in Fort Worth, Texas, is a leader in the
design, development, systems integration, production and support of advanced military aircraft
and related technologies. Its customers include the military services of the United States and
allied countries throughout the world. Products include the F-16, F/A-22, F-35 JSF, F-117,
T-50, C-5, C-130, C-130J, P-3, S-3 and U-2.

Lockheed Martin Aeronautics Co. is a unit of Lockheed Martin Corp., headquartered in
Bethesda, Md. Lockheed Martin is a global enterprise principally engaged in the research,
design, development, manufacture and integration of advanced technology systems, products
and services. Employing about 125,000 people worldwide, Lockheed Martin had 2001 sales of
$24 billion.

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

For more information on Lockheed Martin Aeronautics Company, visit:
http://www.lmaeronautics.com

[Gatsby2]

Reuters
Lockheed Earnings Rise on Jet Sales
Friday October 25, 9:36 am ET

NEW YORK (Reuters) - Top U.S. defense contractor Lockheed Martin Corp. (NYSE:LMT -
News) on Friday said quarterly earnings rose on a strong performance from its core fighter jet
business but warned that its 2003 earnings forecast was contingent on a strong performance
by its pension fund investments.

Pension funds -- decimated by the bear market -- have cast a shadow over earnings reports of
defense contractors, which have performed strongly since the Sept. 11 attacks on the United
States put a spotlight on the industry.

Lockheed, maker of the F-16 fighter and F-35 Joint Strike Fighter, said third-quarter net profit
reached $290 million, or 64 cents per share, up from $213 million, or 50 cents a share, in the
same period last year. Sales rose to $6.5 billion from $6.2 billion.

Earnings from continuing operations were 66 cents a share. Wall Street analysts were
expecting 64 cents to 67 cents per share, with a mean estimate of 65 cents, according to
research firm Thomson First Call.

Lockheed said full-year earnings would come in at the higher end of its previous forecast of
$2.50 to $2.55 a share. But it said its 2003 estimate of $2.75 to $2.85 a share assumes the
company will achieve its long-term target of a 9.5 percent return on its pension fund
investments.

Lockheed said the return on its retirement fund was negative through the first nine months of
2002. Pension troubles also have muddied the outlook for rival defense contractors Raytheon
Co. (NYSE:RTN - News) and Northrop Grumman Corp. (NYSE:NOC - News).

Lockheed said it expects to spend $200 million to $300 million on its retirement accounts in
2003.

Analysts expect Lockheed to earn $2.50 to $2.60 a share in 2002, with a mean estimate of
$2.55; they expect $2.80 to $2.90 a share in 2003, with a mean estimate of $2.86, according to
First Call.

Lockheed raised its 2002 sales forecast to $26.0 billion, up from a previous estimate of a range
between $25.4 billion and $26.0 billion. The 2003 sales estimate was steady at $27.0 billion to
$28.0 billion.

The company also raised its free cash flow estimate for 2002 to at least $1.5 billion from at
least $1.3 billion. It said it expects at least $2.2 billion for 2002 and 2003 combined. The
previous estimate for that two-year period was at least $2.0 billion.

The value of the company`s backlog, or orders it has in the pipeline, slipped to $70.1 billion at
the end of the third quarter from $71.9 billion at the end of the second quarter.

Shares of Lockheed Martin closed at $59.10 on Thursday on the New York Stock Exchange.
The stock fell 6.9 percent in the third quarter, outperforming the Standard & Poor`s Aerospace
and Defense index (^GSPAERO - News), which dropped 17.6 percent.

[Gatsby2]

Falls sich jemand dafür interessiert, warum es heute so gehagelt hat:

DOE suit: Allegations affirmed
Whistleblowers want latest extension to be final delay

By Bill Bartleman [e-mail]--270.575.8650Copyright
2002, The Paducah Sun

Those who filed a whistleblower suit against the former operator of the
Paducah Gaseous Diffusion Plant want a federal judge to order the U.S.
departments of Justice and Energy to decide by Dec. 17 if they will join in the
suit that seeks hundreds of millions of dollars in refunds to the government.

The latest deadline expires today, but the Justice Department on Thursday filed
a motion asking for the 13th extension since the suit was filed in June 1999
against Lockheed Martin Corp. The plantiffs are three current and former
employees — Ronald B. Fowler, Charles F. Deuschle and Garland E. Jenkins;
the Natural Resources Defense Council, and Thomas B. Cochran, a member
of the defense council.

Lockheed and its predecessor companies operated the plant for the energy
department from 1982 until 1992. The suit claims Lockheed made false
statements involving storage and disposal of radioactive waste, exposure of
workers to contaminants, and contamination of groundwater and soil with
plutonium, neptunium and other radioactive materials.

The suit contends that because of the false statements, Lockheed was paid
hundreds of millions of dollars in operating fees that it didn`t deserve. It wants
Lockheed ordered to refund those fees. If successful the whistleblowers would
receive up to 25 percent of the money.

Lockheed strongly denies the claims.

The suit has been delayed while the Department of Justice and DOE have
spent more than $1 million investigating the claims. Government attorneys and
experts have reviewed thousands of pages of documents, tested the contents
of landfills, and interviewed current and former plant workers.

Attorneys for the whistleblowers contend in a court document they filed
Thursday that the investigation has "largely affirmed the allegations" made in
the suit. However, it said DOE has failed to make a decision on whether it
wants to get involved.

In Thursday`s filing, Joe Egan, the lead attorney for the whistleblowers, said
that he didn`t think another extension was justified, but reluctantly agreed to
support it. But he made it clear that they want this to be the last delay. He
asked U.S. District Judge Joseph McKinley Jr. to grant the delay "with
instructions that this extension shall be the last."

Egan said further delay will harm their case because one of the clients has
cancer, another has heart problems and potential witnesses may not be
available later.

Having the government join the suit would be significant because with it comes
almost unlimited resources to litigate the claims. Still, Egan said the plantiffs
would be willing to litigate the case on their own because of what he says is
overwhelming evidence to back the claims.

William F. Campbell, leader attorney for the federal government, said in his
request for an extension to Dec. 17 that additional time is needed because of
continued internal discussions.

"These discussions have involved the exchange of documents among agencies,
and ... discussion down to a relatively fine level of detail, as well as discussion
of legal theories and potential defenses that might be involved in the ... should
the government get involved," he said.

He said that he and other government attorneys "anticipate the matter will be
processed for a final decision on intervention" by Dec. 17.

Previously, Campbell said there had been negotiations with Lockheed to reach
an out-of-court settlement and avoid lengthy, expensive court proceedings. His
latest motion did not mention whether or not those discussions continue.

[Gatsby2]

"Pravda" heißt ja angeblich "Wahrheit". Also glaube ich den Artikel aus der englischsprachigen Ausgabe der Pravda einfach mal...

2002-11-05
Secret American Space Planes to
Dominate Planet Earth

The USA has been working on secret,
new-generation space planes
In the beginning of the 1990s, Russian intelligence
uncovered the fact that the USA was testing a
super-secret plane at one of its airbases. Russian agents
attempted to see the new object with their own eyes and
take pictures of it, but all attempts failed. The Americans
provided incredible security for their secret weapon, and
they tested the plane only at night. However, Russian
agents managed to get some information about the new
plane, which the USA calls Aurora, in honor of the Goddess of the Dawn.

The mystery aircraft is capable of flying very high, at a height of 40 and more kilometers. Even the latest pursuit planes
cannot fly so high. The Aurora plane also possesses fantastic supersonic speed, the so-called 6M speed, as scientists
call it. One M is equal to 340 meters a second. In other words, Aurora can fly at a speed of two kilometers a second, and
this is not the limit. This speed is achieved due to extremely powerful engines and the special design of the plane`s hull
and wings.

The aircraft was constructed based on Stealth technology, which was selected by the American defense industry long
ago. The technology poses great difficulties for both ground and air radar systems.

A picture of the real Aurora aircraft is even more rare than a picture of an UFO. So far, Russia has only one picture of the
mysterious American plane. The picture was taken by a Russian intelligence officer at the moment when the Aurora plane
was refueling in the air. Later, it became known that before the “flying tank of fuel” (KC-135 aircraft) refueled the Aurora,
a spy plane flew across Russia from east to west and was not detected by any radar systems.

The Americans invented a new aircraft, which is almost like a rocket. The new plane was invented by American defense
scientists with an eye towards the future. The most powerful pursuit planes can fly at heights of 35-40 kilometers.
Russia is capable matching its strength with the USA in this respect. Russia has such aircraft: Su-2711, MiG-29, and
MiG-31. However, these planes can only fly in the near-Earth environment, whereas the environment between the Earth’s
atmosphere and space is still vacant, so to speak. That is why, the development of the near-Earth space environment
weapon is so relevant for defense. Who gets there first becomes the winner.

Here, we are talking about totally new kinds of aircraft: spy planes, fighter planes, transport planes, ect. They will be able
to fly from the atmosphere into space and then return to Earth. The Americans have been working on this kind of aircraft
for years already, developing several “star wars” projects. The United States has been designing and testing such
planes for a long time. They already have the X-33, X-34, X-37, and X-38 planes.

X-33: This supersonic aircraft was designed based upon up-to-date titanic alloys. It is equipped with oxygen-hydrogen jet
engines. This plane can reach speeds up to 4,420 meters per second. Graphite and ceramic (thermostable) technologies
are used in its engines. Some of this technology was either bought or stolen from Russia. The maximum flight height is
120 kilometers.

X-34: A more modern supersonic aircraft. It is equipped with unique electronic devices and has a special heat-shielding
coating. One of its peculiar features is the fact that the plane takes off from an aircraft-carrier, which is also a plane, not
a vessel. The X-34 can reach speeds up to 5,440 meters a second. The maximum height is up to 150 kilometers.

Supersonic aircraft of the X class can be both unmanned and piloted planes, with vertical and horizontal takeoffs. It was
officially reported that such planes are meant to considerably reduce the amount of money spent on delivering cargo into
space. At the present moment, one such delivery costs 22 thousand dollars per one kilo of cargo. These new aircraft will
definitely serve defense purposes, such as launching military satellites into orbit. Supersonic space planes can also be
equipped with super-powerful telescopes and other equipment. Scientists and engineers are developing ways to equip
these planes with missiles, laser weapons, and so on.

In other words, America is working on the first ever space army, which would provide the United States with complete
domination in near-Earth orbit. It will not be possible for any anti-missile defense complexes to hit such planes, as they will
be completely out of reach. The American space army will be able to hit any target on planet Earth at any moment.

Soviet engineers tried to challenge the Americans and designed a unique aircraft called the Buran. Unfortunately, the
aircraft proved to be unsuccessful, and competition with the USA failed. When military opposition between the USSR and
the USA was over, the Buran became a part of an exhibition in Moscow’s Park of Culture. The first Soviet space aircraft
became a dull memory of a bygone power and might-have-been hopes.

Major General Sergey Kolganov, an academician of the Russian Space Academy, said that the USA`s work on the
development of supersonic space aircraft poses yet another potential threat to Russia. “I doubt that Russia is ready to
fight with these American space planes. Some of our anti-missile defense complexes can hit targets up to 100 kilometers
high. However, these new American aircraft can fly higher. Russia has very good ideas for defense, I am certain of that.
The Americans have not even dreamed about them. However, they are only ideas, nothing more. Our scientists are not
working on any projects that might counteract the American space planes,” Kolganov said.

[Gatsby2]

Lockheed fighter may face cost overruns -Pentagon
Friday November 8, 12:29 pm ET
By Jim Wolf

WASHINGTON, Nov 8 (Reuters) - Defense Secretary Donald Rumsfeld has been told of a
potential overrun of up to $690 million in development costs of Lockheed Martin Corp.`s
(NYSE:LMT - News) radar-evading F/A-22 fighter, the Air Force`s top acquistion priority, the
Pentagon said Friday.

"We don`t know the circumstances of
what happened yet," Defense
Department spokeswoman Victoria
Clarke told reporters. She said Edward
Aldridge, the Pentagon`s chief weapons
buyer, had alerted Rumsfeld shortly after
he learned of the issue from the Air
Force.

A group of military and civilian technical
and financial experts put in place by the
Air Force to investigate was expected to
report back on the issue in a few weeks,
Clarke said. The announcement came
as Rumsfeld considered possible cuts
to the program in the fiscal 2004 budget
he is preparing to submit to President
Bush.

Congress has capped spending on the program at about $43 billion for about 339 aircraft, and
the delay could stir lawmakers already concerned by escalating costs.

Gen. John Jumper, the Air Force chief of staff, said in a a statement that the aircraft continued
to perform "superbly" in all tests.

The first fighter remains on schedule for delivery in 2004, with initial operating capability to
come in December, 2005, as planned, the Air Force said.

"The F/A-22 is essential to America`s security in the 21st century, and we will get to the
bottom of this issue," Jumper said.

Lockheed said it had agreed with the Air Force last summer to expand the "scope of activities"
to be included in the aircraft`s $20 billion engineering, manufacturing and development phase.

At issue were accelerated flight testing; restructing of the avionics, or the aircraft`s brains; and
delaying the start of operational testing, from April 2003 to the summer of 2003, said Greg
Caires, a spokesman for Lockheed`s Aeronautics unit in Marietta, Georgia.

"You do more work under a contract, your costs under the contract are probably going to
expand," he said.

=======================

Press Release
Source: Lockheed Martin Aeronautics Company


Lockheed Martin F/A-22 Raptor Records First
Supersonic Aerial Target Intercept
Friday November 8, 12:12 pm ET

MARIETTA, Ga., Nov. 8 /PRNewswire-FirstCall/ -- The Lockheed Martin (NYSE: LMT -
News)-led F/A-22 Raptor air dominance fighter program completed another key flight test goal
on Nov. 5, with the successful missile interception of an unmanned drone while both aircraft
and target were flying faster than the speed of sound.

This test satisfies one of several
Pentagon-mandated milestones that
must be achieved prior to the U.S. Air
Force awarding the F/A-22 Raptor
industry team the Lot 3 production
contract.

"This test marked the first time a
Raptor, flying at supersonic speeds,
has been used to detect, track and
launch a radar-guided missile against a
subscale aerial target also traveling
faster than the speed of sound," said
Lockheed Martin`s F/A-22 Avionics
Systems Manager Tony Keith. "This
test effectively and successfully
demonstrated the `first-look, first-shoot,
first- kill` capability of the F/A-22`s
advanced integrated avionics."

During the November 5, test mission U.S. Air Force Maj. James Dutton launched and guided
an unarmed, radar-guided, medium-range AIM-120 AMRAAM missile to the target while piloting
his aircraft -- Raptor 07, the seventh flight test aircraft built -- at 1.5 Mach (1.5 times the speed
of sound, or approximately 900 mph) at 35,000 feet above the Pacific Missile Test Range off the
coast of southern California.

This test was especially challenging for the Raptor as the target was flying at an altitude of
50,000 feet - 15,000 feet above the F/A-22 -- and approaching the fighter from directly in front.

Post-flight analysis showed the AMRAAM passed close enough to the AQM-37 unmanned
drone -- which had been modified to emulate the radar cross-section of a small conventional
fighter aircraft -- that had the missile been armed with its standard proximity-fuze warhead, the
AIM-120 would have detonated and destroyed the target. The AMRAAM missile carried no
warhead, but was equipped with a telemetry package and GPS-based time/space-positioning
instrumentation to help determine missile accuracy.

"This `nose-to-nose, 12 o`clock-high look-up` shot would be extremely difficult for today`s fighters
because of the small size and extremely quick closure rates of the target drone and intercept
aircraft," Keith added. "But the F/A-22`s avionics acquired the target at a distance sufficient to
allow the pilot ample time to make a successful intercept."

Raptor 07 is one of seven developmental flight test aircraft currently operating from the Air
Force Flight Test Center at Edwards AFB, Calif. To date, the flight test team has accumulated
more than 2,500 flight test hours during more than 1160 test missions.

In a related development, Raptor 4006 -- also assigned to Edwards AFB -- has successfully
flown for the first time equipped with avionics software block 3.1.1 FT-1, a software upgrade that
increases the F/A-22`s avionics capability and stability. Flight tests involving this software
upgrade mark an important milestone on the road to supporting the timely start of Dedicated
Operational Test and Evaluation (DIOT&E), currently planned for next summer.

The F/A-22 Raptor is built by Lockheed Martin in partnership with Boeing, powered by Pratt &
Whitney engines, and made from parts and subsystems provided by approximately 1,200
subcontractors and suppliers in 46 states. Principal aircraft production activities take place at
Lockheed Martin facilities in Marietta, Ga., Meridian, Miss., Fort Worth, Texas, and Palmdale,
Calif., as well as at Boeing`s plant in Seattle, Wash. The engines are built in East Hartford,
Conn.

Final assembly and initial flight testing of the Raptor occurs at the Marietta factory,
headquarters for the F/A-22 program`s contractor team. The Raptor`s low-observable control
surface edges, antennas and radomes are built in Palmdale while its mid-fuselage is built in
Fort Worth. Boeing builds the aircraft`s aft-fuselage and wings, while Lockheed Martin is the
program`s principal systems integrator.

The Raptor will replace the aging F-15 Eagle as America`s premier front- line fighter jet starting
in 2005. The Raptor has unprecedented fighter and attack capabilities with its balanced design
of stealth, supercruise speed and extreme agility, along with advanced integrated avionics and
the pilot- friendly cockpit. These attributes make the Raptor truly transformational and will
support the goal of quick, decisive victory in future conflicts, saving American and allied lives.

Lockheed Martin Aeronautics Co., headquartered in Fort Worth, Texas, is a leader in the
design, development, systems integration, production and support of advanced military aircraft
and related technologies. Its customers include the military services of the United States and
allied countries throughout the world. Products include the F-16, F/A-22, F-35 JSF, F-117,
T-50, C-5, C-130, C-130J, P-3, S-3 and U-2.

Lockheed Martin Aeronautics Co. is a unit of Lockheed Martin Corp., headquartered in
Bethesda, Md. Lockheed Martin is a global enterprise principally engaged in the research,
design, development, manufacture and integration of advanced technology systems, products
and services. Employing about 125,000 people worldwide, Lockheed Martin had 2001 sales of
$24 billion.

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

For more information on Lockheed Martin Aeronautics Company, visit:
http://www.lmaeronautics.com

For more information on the F/A-22 Raptor air dominance fighter program, visit:
http://www.fa22raptor.com

[Gatsby2]

Ist es nicht schön, wenn es sich ein Unternehmen bei dieser Wirtschaftlage noch leisten kann, mal kurz eine Kreditlinie über 1 Mrd. $ abzusagen?!

Dow Jones Business News
Lockheed Martin Terminated $1 Billion Credit Line in October
Friday November 8, 8:29 pm ET

Dow Jones Newswires

WASHINGTON -- Lockheed Martin Corp. (NYSE:LMT - News) terminated in October a $1
billion revolving credit line that was set to expire in November, according to the company`s
quarterly report filed Friday with the Securities and Exchange Commission.

No borrowings were outstanding under
the line. The company didn`t say why it
terminated the line.

The Bethesda, Md.-based defense and
aerospace company still has in place a
$ 1.5 billion revolving credit line that will
expire in November 2006, the filing said.

In the filing, Lockheed also updated two
remediation-related issues.

The company said that total projected
future costs for remediation activities at
its former operations in Great Neck,
N.Y., are now estimated to be about
$60 million through 2025. Lockheed
said the amount is included in its
consolidated balance sheet at Sep. 30.

The remediation is for soil and groundwater contamination made by chlorinated solvents at the
site.

During the third quarter, Lockheed said it entered into negotiations with the state of New York
to address an off-site plume of groundwater contamination that was found to be moving more
rapidly than originally anticipated. This led to an increase of $40 million in projected remediation
costs, it said.

Secondly, Lockheed said that on Sep. 30 the U.S. Court of Appeals for the Federal Circuit
affirmed a 2001 Court of Federal Claims decision dismissing a company complaint against the
U.S. Department of Energy.

In 1998, Lockheed filed a lawsuit against the DOE in the federal claims court seeking to
overturn the termination of a waste remediation contract made with the DOE in 1994.

The 1994 contract awarded $180 million to the company by the DOE for the remediation of
waste located on the Idaho National Engineering and Environmental Laboratory reservation.

The management contractor for the remediation project -- a Lockheed unit -- terminated the
contract at the DOE`s direction after Lockheed unsuccessfully requested compensation for
certain unanticipated costs related to the project.

In 2001, the DOE filed a motion for summary judgment seeking to dismiss Lockheed`s 1998
complaint on jurisdictional grounds, which the federal claims court granted.

Lockheed said in the filing it doesn`t plan to appeal further, but will continue to seek resolution
of the contract dispute through nonlitigation means.

Also in the report, Lockheed reiterated that it was uncertain, in light of current market
conditions, whether its Space Imaging LLC joint venture will be successful in attracting
necessary additional funding.

To execute its business plan and fund future replacement satellites, Lockheed said Space
Imaging will likely need funding from the U.S. government for purchases of commercial satellite
imagery, as well as additional funding, none of which is committed at present.

Lockheed guarantees up to $150 million in borrowings of the venture in which it holds a 46%
ownership interest. At Sep. 30, the amount of outstanding borrowings for which Lockheed was
guarantor was $140 million. The debt matures March 31, 2003.

Lockheed said that if additional funding doesn`t materialize, it may be required to fund all or part
of its obligation under the guarantee and record a charge to earnings to the extent that any
amounts invested, advanced or paid under the guarantee aren`t realizable.

[Gatsby2]

Pentagon OKs 16 pct Patriot missile output rise
Tuesday December 3, 4:04 pm ET
By Andrea Shalal-Esa


WASHINGTON, Dec 3 (Reuters) - The U.S. Defense Department, preparing for a possible war with Iraq, said on Tuesday it would boost production by 16 percent of an improved version of the Patriot missile, which experts say largely failed to shoot down Iraqi missiles fired at Israel and Saudi Arabia in 1991.
ADVERTISEMENT


Edward Aldridge, defense undersecretary for acquisition, logistics and technology, signed a memorandum on Monday ordering increased production of the PAC-3, or Patriot Advanced Capability-3, said Pentagon spokeswoman Cheryl Irwin.

The memo calls for production of 208 PAC-3 missiles, manufactured by Lockheed Martin Corp. (NYSE:LMT - News), in fiscal years 2003 and 2004, Irwin said.

That breaks down to 100 PAC-3 missiles in 2003 and 108 in 2004, up from planned output of 79 in 2003 and 100 in 2004, according to defense and industry officials. The fiscal year ends on Sept. 30.

Lockheed has received PAC-3 missile production orders totaling $850 million to date. No data was immediately available on the value of the proposed production increase.

The government began low-rate initial production of PAC-3 missiles in September 2001, and is still testing the missiles, which were developed beginning in the mid-1990s as a successor to PAC-2 missiles used in the 1991 Gulf War.

Unlike the PAC-2 missiles, which Israeli experts say failed to intercept 39 short-range Iraqi Scud missiles fired at Israel during the Gulf War, the PAC-3 missile is a "hit-to-kill" missile, said Craig Vanbebber, a spokesman for Lockheed.

PAC-2 missiles were designed to destroy aircraft by exploding near their sides, but the PAC-3 missile smashes into an incoming ballistic missile high in the Earth`s atmosphere -- at an altitude that is kept classified -- and destroys it, as well as any weapons of mass destruction it may be carrying.

PAC-3 missiles can also be used against lower-flying cruise missiles and aircraft, Vanbebber said.

Air Force Lt. Gen. Ronald Kadish, who heads the Missile Defense Agency, in October called for increasing PAC-3 missile purchases "as quickly and as fast we can afford to buy them."

Despite some failures in testing, Kadish said he was confident the PAC-3 missiles, in addition to Israel`s Arrow missile defense system, could successfully defend against any Iraqi Scud launches in a new war over Iraq`s suspected banned weapons programs.

Raytheon Co. (NYSE:RTN - News) is the systems integrator for the PAC-3 air-defense system and the missile itself, as well as the ground equipment used to command the missiles. The overall system has been dramatically upgraded since 1991.

Raytheon spokesman Steve Brecken said the U.S. military now has fielded 54 Patriot fire units in 10 battalions.

Raytheon has also developed a GEM and GEM-plus missile that can be used with the system, in addition to the PAC-3 missiles built by Lockheed.

ENHANCED CAPABILITY

"The full PAC-3 system will give us enhanced capability over what we had in Desert Storm," said Dave Hartman, manager of Patriot business development for Raytheon.

He said the PAC-2 was judged 40 percent effective in engaging Scud missiles fired at Israel during the Gulf War, and 70 percent effective against missiles aimed at Saudi Arabia.

Defense officials declined to say if the increased production level was linked to Washington`s preparations for a possible invasion of Iraq, but U.S. officials have in the past said they believe Iraq still has Scud missiles stationed in western Iraq, about 400 miles (630 km) from Israel.

"If the president decides to go to war, we certainly want to provide the warfighter the best capability that we can," said Hartman, noting that the only limiting factor would be the ability to boost production of the PAC-3 missiles by the time any war began.

Vanbebber declined to give details on how many PAC-3 missiles had already been produced, citing security concerns.

[junkstro]

US Air Force to build fewer fighters by Lockheed Martin due to cost over runs

The US air force will build fewer F-22 fighter aircraft, built by Lockheed Martin, because of an unexpected cost overrun estimated at between $700 million and 1 billion, a senior air force official said.

The air force`s premier fighter program itself could be at risk if Lockheed fails to keep costs under control, said Marvin Sambur, assistant secretary of the air force for acquisitions.

"This program is more fragile than a lot of people believe. So we have to have optimal performance on all sides," Sambur said.

The cost overrun late in the development phase of the $63 billion program surprised the air force leadership, which shook up management and ordered an investigation by financial and technical experts.

They found that a fin buffet problem and delays in de-bugging avionics software had pushed back scheduled completion of the aircraft`s development from March 2004 to November 2005, driving up costs.

"The magnitude of the increase is estimated to be about $700 million with a risk range up to one billion dollars," Sambur told reporters.

Sambur said the air force would make up for the shortfall by building fewer of the aircraft, possibly five or six fewer over the next three years.

The F-22, which combines stealth with a capability to cruise at supersonic speeds, is the air force`s next generation interceptor and the cornerstone of its plans for modernising its tactical fighter fleet.

The air force had planned to buy 339 of the aircraft in all, but Under Secretary of Defense Pete Aldridge, the Pentagon`s acquisition chief, is considering proposals to reduce the buy.

Critics have question whether the threat justifies the high cost of the aircraft, with a fly-away price of $100 million. The cost per plane is actually about $200 million apiece when total development and production costs are taken into account.

The air force is fiercely protective of the aircraft, however, arguing that it is needed to insure US superiority in the air well into the 21st century.

The F-22 is supposed to replace the F-15 fighter. Although designed initially as an air-to-air interceptor, the air force plans to add ground attack capabilities to the aircraft as well.

Despite the development delays, the air force insists the F-22s will be operational by 2005.

© AFX News


Story filed: 23:04 Friday 6th December 2002

[Gatsby2]

Press Release Source: Lockheed Martin Space Systems


Lockheed Martin Integrates Space Units Based in Denver, Sunnyvale
Monday December 9, 3:22 pm ET


DENVER, Dec. 9 /PRNewswire-FirstCall/ -- Lockheed Martin announced today a significant step in a three-year effort to fully integrate the programmatic and functional capabilities of its Space Systems Company`s operations based in Sunnyvale, Calif., and Denver, Colo., and, in turn, enhance their competitive posture.

Effective Jan. 3, 2003, Space Systems` former Astronautics and Missiles & Space organizations and their operations throughout the United States will be combined into a single business with one common senior management team and a unified focus.

The new entity, to be known as Space & Strategic Missiles, will be led by G. Thomas Marsh, president and general manager. Marsh will be based in Denver, reporting to Albert E. Smith, executive vice president, Space Systems. Serving as deputies to Marsh will be Michael C. Gass in Denver, as vice president of Space Launch, and Leonard F. Kwiatkowski in Sunnyvale, as vice president of Military Space. This streamlined management structure will enable Space & Strategic Missiles to optimize its business portfolio and capitalize on the synergies within the combined organization.

"Through this integration, we intend to capitalize on the complementary strengths and capabilities across the newly combined organization to drive growth while ensuring mission success," said Smith. "These operations possess unique national defense capabilities. By eliminating redundancies and operating in a more efficient manner, we will be better positioned to serve our customers and provide opportunities for our employees."

This integration caps a process begun in 1999 to closely align the Sunnyvale- and Denver-based organizations. Earlier efforts included linking the two organizations` cost structure, implementing a successful asset reduction initiative and introducing standard processes and tools in several areas. The final phase of this effort will link the general management and line-of-business accountability, and expand work sharing within the combined organization.

Marsh brings exceptional credentials to his new position, having led both the Sunnyvale- and Denver-based organizations, and having served as president of what is now the company`s Michoud Operations, Smith pointed out. Marsh also has served as president of Space Systems` Special Programs organization. Since joining the Corporation in 1969, Marsh has risen through a series of increasingly responsible positions for both military and civil programs, including launch vehicles and spacecraft.

Leonard F. Kwiatkowski, currently serving as executive vice president of programs for Missiles & Space, will call upon his 30-plus years in senior Air Force and Lockheed Martin positions in his new role as vice president, Military Space and deputy to Marsh. Kwiatkowski has extensive military and industry background in intelligence systems, communications, military space and systems acquisition.

Michael C. Gass brings more than 20 years of successful launch vehicle experience to his new position as vice president of Space Launch and deputy to Marsh. Currently serving as vice president, Atlas/EELV Programs, Gass has been directly involved with the Atlas space launch vehicle program for the past 14 years in significant operational and management positions and has considerable launch vehicle, spacecraft and production expertise.

Other Space Systems business units are not directly affected by this integration, but will continue to be included in company-wide streamlining and standardization initiatives.

Lockheed Martin Space Systems Company is one of the core operating units of Lockheed Martin Corporation. Space Systems designs, develops, tests, manufactures and operates a variety of advanced technology systems for military, civil and commercial customers. Chief products include a full-range of space launch systems, including heavy-lift capability, ground systems, remote sensing and communications satellites for commercial and government customers, advanced space observatories and interplanetary spacecraft, fleet ballistic missiles and missile defense systems.

Headquartered in Bethesda, Md., Lockheed Martin is a highly diversified global enterprise principally engaged in the research, design, development, manufacture and integration of advanced-technology systems, products and services. The Corporation`s core businesses span space and telecommunications, electronics, information and services, aeronautics, energy and systems integration. Lockheed Martin had 2001 sales surpassing $24 billion.

For more information about Lockheed Martin Space Systems, see the Missiles & Space website at: http://lmms.external.lmco.com and the Astronautics website at: http://www.ast.lmco.com/

[Gatsby2]

Auch wieder eine dieser unscheinbaren Nachrichten, aus denen bei genauerer Betrachtung hervorgeht, warum die USA einen so gravierenden strukturellen Vorsprung vor Deutschland haben.

Press Release Source: Lockheed Martin


Lockheed Martin Says DOE Intends to Extend Sandia National Laboratories Contract
Friday December 13, 3:06 pm ET
Five-Year Extension Begins October 1, 2003


CHERRY HILL, N.J., Dec. 13 /PRNewswire-FirstCall/ -- Lockheed Martin Corporation (NYSE: LMT - News) said today that the Department of Energy intends to extend for five-years the current management contract of the Sandia National Laboratories. The announcement was made today during a visit by DOE Secretary Spencer Abraham to Sandia. Following talks on contract terms, the new contract will take effect October 1, 2003 and be in place until September 30, 2008. Lockheed Martin`s current contract began on October 1, 1993.
"We are extremely proud that DOE has announced their intention to extend Lockheed Martin`s contract to manage Sandia," said Lockheed Martin Technology Services Executive Vice President, Michael F. Camardo. "We are dedicated to supporting DOE`s mission and remain committed to being a good corporate neighbor to the citizens of New Mexico." Camardo also serves as Chairman of the Sandia Corporation Board of Directors.

Sandia National Laboratories, headquartered in Albuquerque, New Mexico, has more than 7,900 employees focusing on engineering sciences, materials and processes, pulsed power, microelectronics and photonics, and computational and information sciences, in support of unique mission requirements demanding science and engineering solutions. Sandia`s four areas of responsibility include:

Nuclear weapons -- ensuring the stockpile is safe, reliable and capable of supporting the nation`s deterrence policy.
Nonproliferation and materials control -- reducing the proliferation of weapons of mass destruction, the threat of nuclear accidents, and damage to the environment.
Energy and critical infrastructure -- enhancing the surety of energy and other critical infrastructures.
Emerging threats -- addressing new threats to national security.
Headquartered in Bethesda, Maryland, Lockheed Martin (http://www.lockheedmartin.com) is a global enterprise principally engaged in the research, design, development, manufacture and integration of advanced- technology systems, products and services. The Corporation`s core businesses are systems integration, space, aeronautics, and technology services.


Source: Lockheed Martin

[om2636]

was steht da, kann leider nicht so gut die Englische-
habe mir heute einen Call auf Lock geholt ist dies gut oder schlecht für mich

[Gatsby2]

om,

die Nachricht von gestern war bestimmt nicht schlecht, und vielleicht gibt ein möglicher Golfkrieg der Aktie tatsächlich noch einen guten Kick nach oben.

Aber mit oder ohne Krieg, stehen für Lockheed zwei diffizile Probleme im Raum: zum einen könnte eine milliardenschwere Haftung für Vorgänge aus der Bewirtschaftung der Mülldeponie Paducah/Ky. und den Oak Ridge National Labs auf Lockheed zukommen, und zum anderen ist zu befürchten, daß es zu weiteren Kürzungen bei der F-22 kommt.

Ob sich aber diese Probleme noch auf Deinen OS auswirken liegt an der Laufzeit.

[Gatsby2]

Why Lockheed doesn`t soar

2002-12-19

Things are looking up for the defense contractor, but the risks still
outweigh the potential rewards.





by Nicolas Owens, stock analyst, Morningstar

Lockheed Martin (LMT) is showing improvement, but we`re still not
sold on it as an investment.

Lockheed Martin has been mired in all types of issues in the past few
years, most of them due to large acquisitions and poor investments.
It appears, however, that a recovery is under way; one of the most
important pieces of evidence is improving cash flow.

Lockheed`s recovery will probably get a boost from expected increases
in defense spending over the next few years. We are still leery of
investing, though, given the firm`s lingering business and financial
risk.

Lockheed Martin is the big daddy of defense contractors, and several
of its programs—including the F-22 Raptor and F-35 Joint Strike
Fighter jets—seem to have priority status at the Pentagon. But cost
overruns and budget uncertainty have complicated these high-profile
projects and mar the prospect of their profitability.

An important risk is that Congress must approve funding for defense
projects every year. It isn`t uncommon to see large-scale projects—
like the B-2 bomber—dramatically cut because of spiraling costs or
changes in military priorities. The F-22 program has been the subject
of much debate for these very reasons.

Some have questioned whether the F-22—a land-based fighter that would
require bases close to the action—fits into future U.S. military
strategy at all. If the top brass at the Pentagon starts to believe
that it doesn`t, the F-22 could be killed in order to shift funds to
other projects.

The F-35 program has also been the topic of much debate, as the Navy
and Marines have floated the idea of sharing aircraft resources. This
would allow the branches to order fewer planes, probably reducing the
overall size of the F-35 program.

While this idea hasn`t been embraced by the Pentagon, we have seen
reductions in the estimated size of this program. This hurts
Lockheed, because the more planes it can produce, the more easily it
amortizes fixed costs over each plane.

Lockheed investors also must contend with the company`s financial
risk. Years of consolidation have left the balance sheet stretched
pretty thin. While cash flow has been improving—which should help
Lockheed pay down debt—the firm`s debt is only two notches above junk
status, and we are still leery of the company`s overall financial
health.

Given the risks and the stock`s unattractive valuation, we wouldn`t
buy Lockheed Martin.

[Gatsby2]

Ein Upgrade für Lockheed Martin ... und das Modernisierungsprogramm für die C-5 kommt auch voran.

Reuters
RESEARCH ALERT-DB Securities raises Lockheed Martin rating
Monday December 23, 12:00 pm ET


NEW YORK (Reuters) - DB Securities said Monday it had raised its rating on Lockheed Martin (NYSE:LMT - News) to "buy" from "hold" saying among factors there was possible enhanced interest in defense shares in the near term.
Lockheed Martin stock closed at $54.62 on the New York Stock Exchange on Friday.

=======================

Press Release Source: Lockheed Martin Aeronautics Company


Initial C-5 Upgraded Under the Avionics Modernization Program Makes Its First Flight
Monday December 23, 12:42 pm ET


MARIETTA, Ga., Dec. 23 /PRNewswire-FirstCall/ -- The first C-5 Galaxy modified under the C-5 Avionics Modernization Program (AMP) made its first flight Saturday, Dec. 21, from Lockheed Martin`s (NYSE: LMT - News) Marietta, Ga., facility several weeks ahead of the planned February 2003 date.

"Our team is excited to begin demonstrating the enhanced capabilities the AMP modification provides," said Blair Marks, Lockheed Martin Strategic Airlift deputy for AMP. "Over the next year, we will introduce additional features of the new automatic flight control system and Global Air Traffic Management-compliant systems, providing a modern avionics suite for the Galaxy fleet."

The combined US Air Force and Lockheed Martin crew took off from Dobbins Air Reserve base at 11:10 a.m. and landed five hours later. The flight consisted of several activities, including demonstration of basic flying qualities and basic navigational system operation, verification of the new primary flight displays and initial exploration of stability augmentation operation.

The C-5B aircraft involved in Saturday`s flight, Air Force serial number 85-0004, was inducted into the AMP on June 13, 2002.

"This flight was a significant milestone for the program and we are very pleased to have accomplished this ahead of schedule," said June Shrewsbury, vice president of Lockheed Martin`s Strategic Airlift program. "It demonstrated the basic airworthiness of the new avionics suite, and we were able to collect critical flight data to characterize system performance for additional capabilities that will complete development in 2003."

The AMP contract valued at $454 million was awarded to Lockheed Martin in January 1999 and is the first phase of the C-5 modernization program. The initial AMP installations are part of the Engineering and Manufacturing Development (EMD) contract estimated at more than $250 million and include installation of trial kits for two C-5s.

The second phase of the C-5 modernization program is the Reliability Enhancement and Re-engining Program (RERP), which is aimed at increasing fleet availability and reducing total cost of ownership. The contract for the System Development and Demonstration (SDD) phase of the RERP, valued at $1.1 billion, was awarded to Lockheed Martin on Dec. 5, 2001. RERP was determined by the Air Force to be the most cost-effective way to meet its future heavy airlift needs.

Lockheed Martin Aeronautics Co., headquartered in Fort Worth, Texas, is a leader in the design, development, systems integration, production and support of advanced military aircraft and related technologies. Its customers include the military services of the United States and allied countries throughout the world. Products include the F-16, F/A-22, F-35 JSF, F-117, T-50, C-5, C-130, C-130J, P-3, S-3 and U-2.

Lockheed Martin Aeronautics Co. is a unit of Lockheed Martin Corp., headquartered in Bethesda, Md. Lockheed Martin is a global enterprise principally engaged in the research, design, development, manufacture and integration of advanced technology systems, products and services. Employing about 125,000 people worldwide, Lockheed Martin had 2001 sales of $24 billion.

For more information on Lockheed Martin Corp., visit: http://www.lockheedmartin.com

For more information on Lockheed Martin Aeronautics Co., visit: http://www.lmaeronautics.com

[Gatsby2]

In Bethesda/Md. und Marietta/Ga. war am Dienstag auch Bescherung:

Lockheed gets $920 million fighter aircraft order
Tuesday December 24, 6:25 pm ET


WASHINGTON, Dec 24 (Reuters) - Lockheed Martin Corp. (NYSE:LMT - News) rolled up Air Force contracts valued at about $920 million for 42 F/A-22 "Raptor" multirole fighter aircraft, the latest batches of low-rate initial production models, and support services, the Air Force said on Tuesday.
ADVERTISEMENT


Lockheed is the prime contractor for the Raptor, a radar-evading "Stealth" jet that has been one of the most contentious programs in the Pentagon budget at a projected overall cost of $64 billion.

Under one of the new contracts, valued at $246.2 million, Lockheed is to supply 20 Raptors and associated equipment by March 31.

A follow-on contract, valued at $454 million, covers 22 aircraft to be delivered by Oct. 31, the Air Force said. A third contract, worth $221.7 million, covers support services for the program through next Dec. 31.

The aircraft are scheduled to replace the F-15C as the top U.S. air-to-air fighter starting in 2005.

A recently announced cost overrun, estimated to be between $700 million and $1 billion, could result in the Air Force getting five or six fewer planes than the 339 it has been seeking, the service said earlier this month.

The Raptor program has been cut three times from its original goal of 750 aircraft.

United Technologies Corp. (NYSE:UTX - News) won a $626.7 million contract for 40 F119 engines for the Raptor`s low-rate initial production, the Air Force said.

[Gatsby2]

Bisher kommt es lediglich von der vermeintlich geschlagenen Konkurrenz, während es ansonsten weder Stellungnahmen von offizieller Seite, noch von Lockheed Martin gibt. Aber es scheint, als habe sich die Bescherung in Bethesda/Md. und diesmal auch in Fort Worth/Tx. fortgesetzt:

UPDATE - Rival names Lockheed winner of Polish jet tender
Thursday December 26, 4:38 pm ET
By Douglas Busvine and Christopher Noble


(Adds comment from Gripen International in paras 18-20)
WARSAW/PARIS, Dec 26 (Reuters) - Lockheed Martin Corp (NYSE:LMT - News) was named on Thursday by French rival Dassault Aviation (Paris:AVMD.PA - News) as the winner of a $3.5 billion-plus Polish order for 48 multi-role combat jets.

ADVERTISEMENT


But neither Lockheed, fielding its F-16 Fighting Falcon in eastern Europe`s largest-ever arms contest, nor the Polish government confirmed the decision ahead of a formal announcement scheduled for noon (1100 GMT) on Friday.

Dassault broke the news of its own defeat, saying it dealt a blow to attempts to build a common European defence identity less than two weeks after the European Union invited Poland and nine other countries to join in 2004.

"I felt for a long time that they were very much in favour of the Americans," Dassault Chief Executive Charles Edelstenne told French radio. "The political element was the dominant element, well above the quality of the equipment and its price."

"Above all, they have made an American choice," he said.

Officials at Lockheed, backed by a U.S. government financing package worth $3.8 billion, appeared genuinely surprised by the news from France and said they had received no official word.

"It`s wonderful that he (Edelstenne) declared it -- but I didn`t know it was his decision," Lockheed`s campaign director for the Polish tender, George Standridge, told Reuters.

"I cannot confirm that we have been given the nod. We are waiting for the official announcement."

Poland, a member of NATO since 1999, wants to buy new planes to phase out its fleet of Soviet-built MiG-21s -- which entered service over 40 years ago -- to fulfill its alliance commitments in the post-Cold War world.

Defence Ministry spokesman Eugeniusz Mleczak declined comment. "The tender winner will be announced at noon on Friday and before that we will not give any comment," Mleczak said.

Defence Minister Jerzy Szmajdzinski briefs President Aleksander Kwasniewski, commander-in-chief of the Polish armed forces, at 10 a.m (0900 GMT), before the noon announcement.

THREE-WAY CONTEST

The Advanced Block 52 F-16 C/D, powered by F-100-229 engines from United Technologies` (NYSE:UTX - News) unit Pratt & Whitney, is up against Dassault`s Mirage 2000-5 Mk 2 and the Anglo-Swedish Jas-39 Gripen, built by BAE Systems (London:BAE.L - News) and Saab (Stockholm:SAABb.ST - News).

President George W. Bush`s administration has put together a major lobbying effort to land the contract in Poland, which revived traditionally strong ties with Washington after communism collapsed in 1989, when George Bush senior was president.

"We feel very confident about the competitiveness of our offer," said one U.S. administration official, who asked not to be named.

Defence analysts said the win, if confirmed, marked a strong comeback by Lockheed after missing out in tenders in NATO`s other newcomers, the Czech Republic and Hungary.

"It`s important to get this kind of a win. It helps solidify their strong position in eastern Europe, said Christopher Mecray, defence analyst for Deutsche Bank Securities in New York, adding the news was mildly supportive for Lockheed stock.

The early front-runner was Gripen International, whose plane was the newest and cheapest of the three, and whose financing and industrial "offset" package of reciprocal investments appeared the most generous.

Gripen, owned 50-50 by Britain`s BAE Systems (London:BA.L - News) and Sweden`s Saab AB (Stockholm:SAABb.ST - News), said it was very surprised by the French report and that it had not heard anything yet from the Polish government.

"We have not heard anything, anything at all," Gripen communications director, Owe Wagermark, told Reuters, adding that he expected the Polish government to make an official announcement at about 1100 GMT on Friday.

Wagermark said Gripen believed it had offered the lowest price at around $3.15 billion, citing media reports as saying Dassault and Lockheed Martin had come in at around $3.5 billion.

Lockheed responded to Gripen by building an offset package worth over $8 billion, much of which would be ploughed into Poland`s ailing defence sector.

Eight NATO air forces already fly the F-16, and Lockheed officials say the plane`s combat record and "interoperability" -- or ability to cooperate with other alliance air forces -- count strongly in its favour.

The F-16 comes equipped with Northrop Grumman Corp`s (NYSE:NOC - News) APG-68(V)9 radar and ALQ-211(V)4 electronic warfare suite. Its weapons systems comprise the AIM-9X air-to-air missile, the AIM-120C AMRAAM missile, as well as Joint Stand-Off Weapon and Joint Direct Attack Munition Bombs.

--With reporting by Andrea Shalal-Esa in Washington.

[junkstro]

December 27, 2002
Poland to Buy Lockheed Jets
By JOHN TAGLIABUE


ARIS, Dec. 26 — The Lockheed Martin Corporation appeared today to have won a $3.5 billion contract to build 48 advanced fighter planes for the Polish Air Force, the largest arms deal ever in Eastern Europe.

While an official announcement is expected to be made on Friday in Warsaw, one of the rival bidders, Dassault Aviation of France, said today that Lockheed had won.

The award will solidify Lockheed Martin`s foothold in Eastern Europe as those nations step up efforts to modernize their weapons systems. Poland is the third of the newest members of the North Atlantic Treaty Organization, after Hungary and the Czech Republic, to choose a contractor for new fighter aircraft. Both the Czech and Hungarian contracts went to European suppliers.

The Lockheed bid was supported by a package of loans, backed by the United States government, that total $3.8 billion.

The Bush administration threw the full weight of its support behind the Lockheed offering, taking advantage of revived strong relations with Warsaw since the collapse of Communism in Poland in 1989.

Charles Edelstenne, Dassault`s chief executive, told a French radio station today that political considerations had swayed the decision. "The political element was the dominant element," he said, adding that the Poles had made "an American choice."

It is the second time this year that Dassault has been outflanked by American competitors. In April, Dassault lost a bid to build 40 fighter planes worth $4.4 billion for the South Korean Air Force. The winner of that bid was the Boeing company, with its F-15K, an advanced version of the F-15. Dassault contested the outcome of that bidding war before a South Korean court, asserting that Boeing had not abided by the terms of the tender. The court rejected the claim.

Responding to Mr. Edelstenne`s comments, George Standridge, the Lockheed executive who directed the company`s sales effort for the Polish contract, told Reuters, "It`s wonderful that he declared it, but I didn`t know it was his decision."

Poland joined NATO in 1999 and has been trying to bring its armed forces up to the alliance`s weapons requirements.

Last week, Poland awarded Patria of Finland a $1 billion contract to build 690 armored vehicles. Now it will soon be able to begin replacing its aging fleet of Soviet-built MIG-21 and MIG-29 jets.

Lockheed offered its F-16 Fighting Falcon for the contract in competition with Dassault, which offered its Mirage 2000-5 jet fighter, and with a combination of Saab of Sweden and BAE Systems of Britain, which proposed the Gripen, the least expensive of the three fighter aircraft.

Early in the bidding, Poland appeared to be leaning toward the Gripen, mainly because of a generous package of investments pledged by Saab and BAE (formerly known as British Aerospace), to offset the cost of the project for Poland`s struggling economy.

But Lockheed, with the assistance of Washington, assembled a package of at least 80 industrial projects it valued at roughly $8 billion, intended largely to assist Poland`s battered military industry.

Eight air forces in the Atlantic alliance already fly the F-16, which is powered by engines from United Technologies` Pratt & Whitney division, and the plane`s ability to mesh with those aircraft appeared to count in its favor.

Polish officials, who are set to announce the decision on Friday, would not comment on the reports. A final agreement could be signed as early as next month.

The contract would raise Lockheed`s standing among those Eastern European states that need to make their weapons systems compatible with those used by the Western alliance, analysts said.

Shares of Lockheed edged up 6 cents, to $56.90, in trading today on the New York Stock Exchange.



Copyright 2002 The New York Times Company

[Gatsby2]

Auch auf die Gefahr von Wiederholungen hin, hier noch ein drittes Posting zu dem Deal mit Polen. Der Artikel enthält interessante Einzelheiten zu den Offsets, die u.a. die Fertigung eines neuen Modelles von Opel in Gleiwitz beinhalten (was auch immer das mit Kampfflugzeugen zu tun haben mag).

FACTBOX-Poland picks F-16s in record E.Europe tender
Friday December 27, 1:21 pm ET


WARSAW, Dec 27 (Reuters) - Poland picked Lockheed Martin Corp`s (NYSE:LMT - News) F-16 Fighting Falcon as its multi-role jet fighter in east Europe`s largest military tender ever worth $3.5 billion and a further $9.8 billion in "offset" investment plans.

F-16s date back to the 1970s but with improved engine and avionics as well as top-notch electronics they remain one of the world`s most agile and modern fighters.

Poland, a member of the NATO military alliance since 1999, bought 48 F-16s to replace its ageing fleet of Soviet-built MIGs, some of which entered service over 40 years ago.

Contracts for the planes are to be finalised and signed by the end of March 2003, conditional on wrapping up talks on the offset package within a further 60 days. The offset deal obliges Lockheed and its industrial partners to invest at least 100 percent of the tender value in the Polish economy.

Following are details about the plane and the deal:

AIRCRAFT

Planes: 48 Advanced Block 52-F-16 C/D

Wingspan: 10 metre (32 ft 9.7 in)

Length: 15.03 metre (49 ft 3.7 in)

Height: 5.09 metre (16 ft 8.4 in)

Maximum take-off weight: 22,727 k (50,090 lb)

Maximum speed: 2,123 km/h (1,319 mph)

Ceiling: 15,250 m (50,000 feet)

Radius of action: 1,252-1,604 km (676-866 miles)

Engine: United Technologies(NYSE:UTX - News) Pratt & Whitney F-100-229

Radar: Northrop Grumman Corp`s (NYSE:NOC - News) APG-68(V)9 and ALQ-211(V)4 electronic warfare suite

Weapons systems: AIM-9X air-to-air missile, the AIM-120C AMRAAM missile, as well as Joint Stand-Off Weapon and Joint Direct Attack Munition Bombs

European countries which use F-16s include Belgium, Denmark, Greece, Netherlands, Norway, Portugal and Turkey.

FINANCING

Poland gains a $3.8 billion low-interest loan from the U.S. government. It will repay only due interest from 2003 to 2010, and interest and principal repayments from 2011 to 2015.

The defence ministry said the contract`s total costs, including debt servicing, should not exceed $4.7 billion.

Poland might consider alternative financing from foreign debt markets on expectations the country`s financial standing improves in the run-up to European Union membership in 2004.

OFFSET

Along with its industrial partners, Lockheed pledged to pump as much as $9.8 billion in the country`s defence and civilian industries over the period of up to 10 years. Most of the funds will go for the revamp of ailing state-owned industries.

Reviewing offset proposals, the economy ministry estimates their value at $6.0 billion and will have up to five months to hammer out details and sign final agreements with Lockheed. The offset deal is vital for the jet contract to come into life.

The package consists of over 100 projects and includes the upgrade of the country`s number two refiner Rafineria Gdanska, orders for six bulk carriers for the Szczecin shipyard and the launch of a new car model at GM`s (NYSE:GM - News) Opel unit in Gliwice.

Lockheed agreed to help promote Polish products in the U.S. markets, with their joint sales value at $700 million, and will contribute to the roll-out of a nationwide mobile communications network for public services as well as tax and health services registries.

U.S. Steel (NYSE:X - News), a partner of Lockheed, is bidding for a strategic stake in top steel group Polskie Huty Stali. Depending on the outcome of the privatisation tender its investment programme might also contribute to Lockheed`s offset package.

Poland wants Lockheed to propose more investment in new technologies as well as research and development activities, which over the longer term could help the government create new jobs, Deputy Economy Minister Andrzej Szarawarski said.

REGIONAL TRENDS

Lockheed`s contract with Poland breaks a string of victories in eastern Europe by Anglo-Swedish Jas-39 Gripen, built by BAE Systems (London:BA.L - News) and Saab (Stockholm:SAABb.ST - News).

But the cash-strapped Czech Republic has put on hold a $2.1 billion purchase of 24 Gripens after this year`s devastating floods, while Hungary took the low-cost route of leasing jets.

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Press Release Source: Lockheed Martin Commercial Space Systems


Lockheed Martin-Built Nimiq 2 Satellite Launched Successfully From Baikonur
Monday December 30, 3:38 am ET


SUNNYVALE, Calif.--(BUSINESS WIRE)--Dec. 29, 2002--The Nimiq 2 telecommunications satellite, designed and built by Lockheed Martin Commercial Space Systems (LMCSS) for Telesat Canada, was successfully launched today from the Baikonur Cosmodrome in the Republic of Kazakhstan.
Lift-off occurred at 3:17 p.m. Sunday Pacific Standard Time (PST) aboard a Proton M/Breeze M booster provided by International Launch Services. Initial contact with the satellite, called acquisition of signal, was confirmed at Lockheed Martin satellite tracking station in Uralla, Australia, shortly after separation, which occurred at 10:10 p.m. PST.

Nimiq 2, a high power Ku-band satellite, will provide direct broadcast services across Canada from its final orbital location at 91 degrees West longitude. The spacecraft features 32 active 24 MHz Ku-band transponders with 120 watt power amplifiers, and also has a Ka-band payload. Nimiq 2 is an A2100AX satellite, manufactured by Lockheed Martin Commercial Space Systems, with a minimum service life of 12 years. The satellite`s name -- chosen from 36,000 submissions in a national contest in 1998 -- is an Inuit word for any object or force that unites things or binds them together.

Ted Gavrilis, president of Lockheed Martin Commercial Space Systems, said: "We are pleased with the successful launch of Nimiq 2 and we are especially proud to provide our valued customer - Telesat Canada - with its second robust A2100 satellite. I commend our entire team for consistently providing world-class, high-performance spacecraft at a fast pace, and I look forward to extending our 100 percent mission success record into the New Year."

The A2100 geosynchronous spacecraft is designed to meet a wide variety of telecommunications needs ranging from Ka band/broadband services, fixed satellite services in a Ku-band payload configuration, to high-power direct broadcast services using the Ku-band frequency spectrum. The A2100`s modular design features a reduction in parts, simplifying construction, increasing on-orbit reliability and reducing weight and cost.

About Telesat (http://www.telesat.ca)

Telesat is a world leader in satellite operations and systems management. The company made history in 1972 with the launch of the first domestic commercial communications satellite in geostationary orbit. Today, Telesat competes with the world`s leading satellite fleets in providing telecommunications and broadcast distribution services throughout the Americas. Telesat is a wholly-owned subsidiary of BCE Inc., one of the world`s premier communications companies.

About International Launch Services (ILS)

ILS is a joint venture of Lockheed Martin Corp. in the United States, with Russian companies Khrunichev State Research and Production Space Center and RSC Energia. ILS provides launch services on the Proton and the Atlas vehicles to customers worldwide.

About Lockheed Martin Commercial Space Systems

Lockheed Martin Commercial Space Systems markets, designs and builds geostationary and non-geostationary telecommunications and remote sensing satellites for customers worldwide. LMCSS is an operating unit of Lockheed Martin Space Systems Company, one of the core business areas of the Lockheed Martin Corporation (NYSE: LMT - News). Lockheed Martin has a 41-year heritage of building reliable spacecraft for commercial and military customers, having launched more than 875 spacecraft and clocking nearly 1,500 years of on-orbit performance experience.

NOTE TO EDITORS: Low- and high-resolution JPEG image files of Nimiq 2 will be available later at the following URL: http://lmms.external.lmco.com/photos/commercial_space/nimiq/…

To download a video clip of the launch, please visit http://www.ilslaunch.com

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Reuters
Brazil delays $700 mln purchase of jet fighters
Friday January 3, 12:53 pm ET


BRASILIA, Brazil, Jan 3 (Reuters) - Brazil`s President Luiz Inacio Lula da Silva has suspended for a year the $700 million purchase of 12 supersonic fighter jets, choosing to devote more of this year`s budget to fighting poverty, the defense minister said on Friday.

Defense Minister Jose Viegas Filho said Lula, who took office this week, had asked for the purchase, one of the biggest arms deals in recent Latin American history, to be considered again at the beginning of 2004.

"This does not mean that the project has been abandoned," said Viegas Filho. "The president has said he holds the armed forces in high esteem."

Viegas Filho said the government may consider alternatives such as renting planes or buying used jets to replace Brazil`s French-made Mirage combat jets dating back to the early 1970s.

The new fighter jet purchase was the prize contract in a $3.35 billion plan, unveiled in mid-2000, to update Brazil`s aging Air Force fleet.

Pursuing the contract are U.S. aerospace manufacturer Lockheed Martin Corp.(NYSE:LMT - News) with its F-16 fighter; Sweden`s Saab (Stockholm:SAABb.ST - News) together with BAE Systems Plc(London:BA.L - News), with the Gripen jet; and a joint offer by Brazil`s Embraer (Sao Paolo:EMBR4.SA - News; NYSE:ERJ - News) and France`s Dassault Aviation SA (Paris:AVMD.PA - News) with a special version of the Mirage strike plane.

After winning October elections, Lula used an Embraer jet on several foreign trips, boosting hopes the company -- the world`s fourth-largest commercial plane maker -- would win.

Embraer`s stock fell 2.5 percent in thin trade on Friday, underperforming a moderate rise by the general market.

Russia`s Sukhoi is bidding with its Su-35 "Super Flanker" fighter.

Lula, Brazil`s first elected president from a leftist party, has made his top priority a "zero hunger" program to help Brazil`s estimated 54 million poor. Lula`s spokesman said on Thursday this could be the wrong time to buy fighter jets.

Former President Fernando Henrique Cardoso launched the plan to upgrade Brazil`s Air Force fleet, and his administration repeatedly delayed choosing a contractor in the hotly-contested tender.

Neighboring Chile opted to buy F-16 fighters a year ago in a purchase that was delayed for several years.

Brazil`s Air Force fleet upgrade was to extend over eight years. In October, the government authorized the purchase of 12 transport planes and separate modernization of seven patrol aircraft for a total $596 million.

According to the Air Force, about 50 percent of its combat jets, patrol, training and cargo aircraft are grounded due to lack of financing for maintenance.

Embraer, which is 20 percent owned by a consortium including Dassault, has been seen as the likeliest winner because its bid offers an element of local production, securing jobs for the country`s company.

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Press Release Source: Lockheed Martin Aeronautics Company


Lockheed Martin Delivers First F/A-22 Raptor for the Air Force`s Air Warfare Center
Tuesday January 7, 12:54 pm ET


MARIETTA, Ga., Jan. 7 /PRNewswire-FirstCall/ -- The Lockheed Martin (NYSE: LMT - News)-led F/A-22 Raptor air dominance fighter team has delivered its first aircraft -- Raptor 4012 -- to the U.S. Air Force`s Air Warfare Center (AWFC) with the recent signing of formal acceptance documents here by government officials. The aircraft will soon be flown to AWFC`s 422nd Test & Evaluation Squadron at Nellis Air Force Base near Las Vegas, Nevada.
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"Lockheed Martin is proud to deliver the first of several F/A-22 Raptors for use by the Air Warfare Center," said Ralph Heath, Lockheed Martin Aeronautics Company executive vice president and F/A-22 program general manager. This delivery also marks the first F/A-22 delivery to Air Combat Command, the lead command for continental U.S.-based fighter, bomber and UAV aircraft operated by the Air Force.

At Nellis, Raptor 12 -- the twelfth F/A-22 built -- will be used initially to teach Operational Test pilots and maintenance personnel how to safely and effectively fly and repair the aircraft. Eventually, AWFC pilots will use Raptor 12 (Air Force serial number 00-012) and the other seven F/A-22s assigned to the unit to develop the tactics, techniques and procedures for the entire Combat Air Forces (CAF). In addition, these aircraft will be used to train the initial cadre of Air Education and Training Command instructor pilots stationed at Tyndall Air Force Base, Florida.

The F/A-22 Raptor is built by Lockheed Martin in partnership with Boeing, powered by Pratt & Whitney engines, and made from parts and subsystems provided by approximately 1,200 subcontractors and suppliers in 46 states. Principal aircraft production activities take place at Lockheed Martin facilities in Marietta, Ga., Fort Worth, Texas, and Palmdale, Calif., as well as at Boeing`s plant in Seattle, Wash. The engines are built in East Hartford, Conn.

Final assembly and initial flight testing of the Raptor occurs at the Marietta factory, production headquarters for the F/A-22 program`s contractor team. The Raptor`s low-observable control surface edges, antennas and radomes are built in Palmdale, while its mid-fuselage is built in Fort Worth. Boeing builds the aircraft`s aft-fuselage and wings, while Lockheed Martin is the program`s principal systems integrator.

The Raptor, scheduled to become operational in 2005, has unprecedented fighter and attack capabilities with its balanced design of stealth, supercruise speed and extreme agility, along with advanced integrated avionics and the pilot-friendly cockpit. These attributes make the Raptor truly transformational and will support the goal of quick, decisive victory in future conflicts, saving American and allied lives.

Lockheed Martin Aeronautics Co., headquartered in Fort Worth, Texas, is a leader in the design, development, systems integration, production and support of advanced military aircraft and related technologies. Its customers include the military services of the United States and allied countries throughout the world. Products include the F-16, F/A-22, F-35 JSF, F-117, T-50, C-5, C-130, C-130J, P-3, S-3 and U-2.

Lockheed Martin Aeronautics Co. is a unit of Lockheed Martin Corp., headquartered in Bethesda, Md. Lockheed Martin is a global enterprise principally engaged in the research, design, development, manufacture and integration of advanced technology systems, products and services. Employing about 125,000 people worldwide, Lockheed Martin had 2001 sales of $24 billion.

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

For more information on Lockheed Martin Aeronautics Company, visit: http://www.lmaeronautics.com

For more information on the F/A-22 Raptor air dominance fighter program, visit: http://www.fa22raptor.com


Source: Lockheed Martin Aeronautics Company

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Reuters
Lockheed Martin wins $341 mln Patriot missile order
Tuesday January 7, 4:42 pm ET


WASHINGTON, Jan 7 (Reuters) - U.S. defense giant Lockheed Martin Corp (NYSE:LMT - News) on Tuesday said it won a $341 million contract to produce 88 improved PAC-3 Patriot missiles for the U.S. Army, which is preparing for a possible war with Iraq.
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The Pentagon last month said it would boost production in 2003 and 2004 of an improved version of the Patriot missile, which experts say largely failed to shoot down Iraqi missiles fired at Israel and Saudi Arabia during the 1991 Guilf War.

Lockheed said it would produce the PAC-3 missiles for the U.S. Army Aviation and Missile Command at its facilities in Dallas and Lufkin, Texas, as well as the PAC-3 facility in Camden, Arkanas. It gave no timetable for delivery.

The government began low-rate initial production of PAC-3 missiles in September 2001, and is still testing the missiles, which were developed in the mid-1990s as a successor to PAC-2 missiles used in the Gulf War.

Before Tuesday`s order, Lockheed has received PAC-3 missile production orders totaling $850 million.

Unlike the PAC-2 missiles, which Israeli experts say failed to intercept 39 short-range Iraqi Scud missiles fired at Israel during the Gulf War, the PAC-3 missile is a high velocity "hit-to-kill" missile, according to Lockheed.

Lockheed said PAC-3 also increases the Army`s firepower, since a Patriot launcher can carry 16 PAC-3 missiles, compared with just four PAC-2 missiles.

[Gatsby2]

Na, da sind unsere Nachbarn ja doch `mal konsequent. Die einzige Ausschreibung, die noch schräger gelaufen ist, als die polnische, war die in Tschechien...

Reuters
Poland fires minister in charge of F-16 talks
Thursday January 9, 12:29 pm ET


WARSAW, Jan 9 (Reuters) - The controversial Polish minister in charge of negotiating key aspects of the planned $3.5 billion purchase of 48 U.S. F-16 jet fighters has been fired, government officials said on Thursday.

Andrzej Szarawarski, who also oversaw a scheme to overhaul Poland`s ailing steel sector, lost his job as the secretary of state at the economy ministry after Monday`s reshuffle of cabinet-level posts.

"I have not submitted a motion to rehire minister Szarawarski," said Jerzy Hausner, who was labour minister and will assume the economy portfolio in a new super-ministry.

Science Minister Michal Kleiber will replace Szarawarski as negotiatator with F-16 manufacturer Lockheed Martin (NYSE:LMT - News) on a package of so-called "offset" investments to plough capital and know-how back into Poland.

Under Polish tender rules, offset must at least equal the value of an arms purchase. Lockheed valued its package of over 100 investments at nearly $10 billion, although Polish officials put the figure at $6 billion.

Szarawarski has also been under fire for delays in striking a deal with the European Union on state aid which Poland, due to join the bloc in 2004, wants to grant to the steel industry.

The European Commission, the EU`s executive, has repeatedly rejected the business plans of Poland`s steel mills, which Szarawarski helped to draft.

The government plans to discuss updated versions of the plans on Friday, the deadline for sending them to Brussels.

[Tigerfliege]

!

Dieser Beitrag wurde vom System automatisch gesperrt. Bei Fragen wenden Sie sich bitte an [e-mail]

[junkstro]

LOCKHEED MARTIN, Bethesda, Md., the military contractor, settled a $30 million fraud suit brought against it by Tactical Communications Group, Billerica, Md., a military technology company. Terms were not disclosed.

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Reuters
U.S. cancels two planned missile tests
Thursday January 9, 6:14 pm ET
By Jim Wolf


WASHINGTON, Jan 9 (Reuters) - The United States has canceled two planned tests this year of its ability to shoot down dummy warheads in space, focusing instead on new booster rockets for missile interceptors due to be deployed next year, the Pentagon said on Thursday.

The next $100 million intercept test will be put off until the last quarter of this year, said Air Force Lt. Col. Rick Lehner of the Missile Defense Agency, which is developing a controversial shield against incoming ballistic missiles.

By the final quarter, Boeing Co. (NYSE:BA - News), prime contractor for the project, is due to be ready to use the new booster. Lockheed Martin Corp. (NYSE:LMT - News) has been competing with Orbital Sciences Corp. (NYSE:ORB - News) to supply the rocket.

Lockheed and Orbital will mount separate test flights of their designs in late spring or early summer, launching from the Marshall Islands atoll of Kwajalein in the Pacific.

Cancellation of the intercept tests will save as much as $200 million, an "ancillary benefit," Lehner said.

The canceled drills would have been little more than repeats of previous successful intercepts and the decision to drop them was made before the Dec. 11 failure of the most recent intercept test, he said.

"This was basically decided at the end of last summer, beginning of early fall," Lehner said, adding that confidence in the system`s hit-to-kill technology was "still very high." despite the latest failure, the third in eight attempts to shoot down a dummy warhead over the Pacific Ocean.

"What we need to do is concentrate on the booster," which is a year to 18 months behind schedule, he said.

Last month, President Bush ordered the military to begin deploying land- and sea-based missile defenses next year. The plans call for an initial system with 16 interceptors at Fort Greely, Alaska, and four at Vandenberg Air Force Base in California by 2005.

The "layered" missile shield sought by Bush -- combining systems to knock out warheads in all phases of flight -- could cost between $800 billion and $1.2 trillion, according to a study released Jan. 3 by two arms control groups.

The study, by the Center for Arms Control and Non-Proliferation and Economists Allied for Arms Reduction, said the cost would have to jump to perhaps $50 billion a year to fully deploy ground-, sea- and air-based systems by 2015.

Bush has earmarked about $7.8 billion a year for the past two years for research, development and testing, and will seek another $17.5 billion in 2004 and 2005 to field the system.

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Press Release Source: Lockheed Martin Corporation


Lockheed Martin Awarded for Support of Diversity by Div2000.com
Friday January 10, 11:56 am ET
Selected As One of America`s Top 50 Corporations in Providing Multicultural Business Opportunities


BETHESDA, Md., Jan. 10 /PRNewswire-FirstCall/ -- Lockheed Martin Corporation (NYSE: LMT - News) was voted one of the premier companies in providing multicultural business opportunities by Div2000.com, the nation`s largest organization of diversity owned businesses. Over 150,000 women and minority owned businesses were given the opportunity to participate in Div2000`s online third annual election which judges a corporation`s efforts towards supplier diversity and support of small businesses. For the second year in a row, Lockheed Martin is at the top of the list, coming in at number three in 2002.

In a congratulatory letter, Kenton Clarke, Div2000.com`s President & CEO, said "Lockheed Martin Corporation was voted as one of the premier companies," and encouraged the Corporation to share this award with its Marketing, Communications, Diversity and Procurement staff.

Mike Bush, Lockheed Martin`s director of supplier diversity, said, "Receiving the Div2000.com award for the second consecutive year is a tremendous honor. We`re proud to be recognized for our efforts to create an environment that supports diversity and equal opportunity for all small businesses." Bush said the Lockheed Martin operating companies deserve credit for the award. "This award is a result of their daily efforts to ensure that small businesses are provided the opportunity to participate in our subcontracting process," he said.

Lockheed Martin Corporation welcomes the best ideas, products, and services of all suppliers, and will continue to provide multicultural business opportunities in the future.

Headquartered in Bethesda, Maryland, Lockheed Martin employs about 125,000 people worldwide and is principally engaged in the research, design, development, manufacture and integration of advanced technology systems, products and services. The Corporation reported 2001 sales of $24 billion.

For additional information, visit our website: http://www.lockheedmartin.com.




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Source: Lockheed Martin Corporation

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Press Release Source: Lockheed Martin


Lockheed Martin Forms Strong Industry Team to Meet U.S. Air Force Command And Control Requirement
Tuesday January 14, 11:14 am ET
Raytheon and SAIC join Lockheed Martin in pursuit of MC2A-BMC4I contract


WASHINGTON, Jan. 14 /PRNewswire-FirstCall/ -- Lockheed Martin announced today it will lead an industry team with Raytheon and Science Applications International Corporation (SAIC) to compete for the development and integration of the Battle Management Command, Control, Computers, Communications, and Intelligence (BMC4I) subsystem for the U.S. Air Force`s Multi-sensor Command and Control Aircraft (MC2A) program.
The BMC4I subsystem will enable airborne operators to manage data from sensors on board the MC2A aircraft, as well as from other airborne, space and ground-based sensor platforms, and create and communicate a comprehensive situational picture in near real time. This capability will enable warfighters and other operational forces to respond rapidly to time-critical information in support of global strike, homeland defense, search and rescue or disaster relief missions.

"The battle management subsystem is a critical enabling technology for the Air Force`s vision of creating and disseminating a cohesive picture of the battlespace in near-real time," said Robert B. Coutts, executive vice president of Lockheed Martin`s Systems Integration Business Area. "With the addition of Raytheon and SAIC, our team is well positioned to help the Air Force shorten the target kill cycle with a solution that will provide a common look and feel across multiple platforms."

The team members will contribute as follows:

* Lockheed Martin will provide overall systems architecture, systems
engineering and integration, program management, battle management and
command and control (C2) systems leadership. The Corporation will tap
systems experts from large-scale programs such as the Theater Battle
Management Core Systems, EA-3 AWACS, Integrated Space Command and
Control, Distributed Common Ground Station, Global Combat Support System
- Air Force, F/A-22 and the F-35 Joint Strike Fighter.

* Raytheon will provide and integrate on board the MC2A aircraft next-
generation systems and solutions, including communications and data
links; intelligence, surveillance, and reconnaissance (ISR) systems;
unmanned aerial vehicle (UAV) control; planning and control systems for
on and off-board sensors; and information assurance.

* SAIC will lead the modeling and simulation effort to test and validate
the solutions, and lend its extensive experience in systems engineering
and systems integration.


"Today`s announcement marks another step forward towards providing the U.S. warfighter with integrated, next-generation targeting and intelligence-gathering solutions," said Jack Kelble, president of Raytheon Space and Airborne Systems. "Raytheon`s ability to design and integrate complex sensors, communications, and real-time resource management systems will enable the faster flow of information to decision makers, and tighten the engagement `kill chain.` "

"SAIC`s extensive experience in the application of modeling and simulation to major DoD programs will provide the Air Force continuous insight into critical program tradeoffs and their operational impact," said Duane Andrews, SAIC corporate executive vice president. "SAIC also has designed efficient and effective open system architectures that allow for flexibility to meet the on-going evolving environments our customers operate in. This positions us well to work as a tightly knit team with Lockheed Martin, Raytheon and the Air Force to help drive this program to a successful conclusion."

Dr. Michael Schoultz, Lockheed Martin`s MC2 vice president, will lead the team. Supporting Schoultz are Justin Monger, Raytheon BMC4I program manager, and Tom Swartz, SAIC senior vice president.

The Lockheed Martin-led team also will benefit from expertise from:

* L3 Communications - Network-centric collaborative targeting systems
engineering

* Alphatech Inc. - Radar exploitation support, and time critical targeting
systems engineering

* Concurrent Technologies Corporation - Visualization support


Lockheed Martin - As the leading technology solutions provider and integrator to the U.S. government, Lockheed Martin (NYSE: LMT - News) focuses on the defense, information technology and homeland security requirements of the military services and civil agencies. The Corporation`s advanced technology solutions draw on world-class capabilities in systems engineering and integration, complex project management, software development and information technology. The Corporation is headquartered in Bethesda, MD. For more information, visit http://www.lockheedmartin.com.

Raytheon - With headquarters in Lexington, Mass., Raytheon Company (NYSE: RTN - News) is a global technology leader in defense, government and commercial electronics, and business and special mission aircraft. The company`s Space and Airborne Systems business (El Segundo, Calif.), is a $3 billion world leader in the design, development, and manufacture of advanced electronic systems for precision strike; missile defense; and intelligence, surveillance, and reconnaissance applications. Key capabilities include electro-optical/infrared sensors, airborne radars, space-qualified systems, solid state and high-energy lasers, precision guidance systems, and electronic warfare systems. For more information, visit http://www.raytheon.com.

SAIC - SAIC is the nation`s largest employee-owned research and engineering company, providing information technology, systems integration and solutions to commercial and government customers. SAIC engineers and scientists work to solve complex technical problems in national and homeland security, energy, the environment, space, telecommunications, health care and transportation. With annual revenues of $6.1 billion, SAIC and its subsidiaries, including Telcordia Technologies, have more than 41,000 employees at offices in more than 150 cities worldwide. More information about SAIC can be found at http://www.saic.com.




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Source: Lockheed Martin

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Press Release Source: Lockheed Martin


New E-STARS Workflow Tool Targets Suspense Tracking
Wednesday January 15, 11:57 am ET


SEABROOK, Md., Jan. 15 /PRNewswire-FirstCall/ -- A new thin-client, web- based application developed by Lockheed Martin (NYSE: LMT - News) is rapidly becoming the workflow tool of choice by Defense and other U.S. Government agency users who need to track administrative commitments and corrective actions right from their desktops.

Lockheed Martin`s Electronic Suspense Tracking and Routing System (E-STARS) is a hybrid of Government and commercial off-the-shelf software that captures the complete lifecycle of a task -- from creation to detailed routing to closure -- and presents complete task history detail direct to the user`s desktop. The system has most recently been adopted by the U.S. Air Force`s Air Combat Command headquarters at Langley Air Force Base, Va., under a contract sponsored by the Air Force Communications Agency.

The system is currently in use at the Department of Energy`s Richland Operations Office in south central Washington State. With accelerated cleanup mandates for the largest nuclear reservation at its Hanford site, DOE has realized proven performance on reducing the response time for critical corrective actions.

The prime contractor for this huge DOE site, CH2M HILL Hanford Group, Inc., implemented E-STARS to streamline corrective action management last February as part of an Integrated Safety Management System implementation. Delinquency rates on corrective actions have been reduced by a factor of four over the last 12 months.

The U.S. Air Force also adopted the tool for coordinating staff packages, and E-STARS is expected to be the first enterprise-wide application to be deployed worldwide.

Developed in a cooperative partnership between Lockheed Martin and the U.S. government, E-STARS involves no software licensing fees to the user organization. Each organization has the flexibility to establish a "subscription" fee based on the number of users and the types of services that best meet the user`s specific business needs.

Linda Gooden, President of Lockheed Martin Information Technology, said, "This tool is right in line with the Office of Management and Budget`s mandate for government agency interoperability. We are proud of this solution that combines industry and government investments to allow a `shared` approach by agencies and maximizes the government`s return on investment."

Lockheed Martin Information Technology is actively working with Air Force Major Command representatives to have E-STARS deployed at each of the organizations` headquarters by fiscal year end. E-STARS is currently being staged at the headquarters of three Commands: Air Mobility Command, Air Combat Command, and Northern Command. E-STARS will be integrated and available through the Air Force Portal.

Headquartered in Bethesda, Md., Lockheed Martin is a global enterprise principally engaged in the research, design, development, manufacture and integration of advanced-technology systems, products and services. The Corporation`s core businesses are systems integration, space, aeronautics, and technology services. Information Technology is a business unit of Lockheed Martin providing enterprise business systems, managed services and infrastructure solutions to government agencies and commercial clients.




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Source: Lockheed Martin

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BUSINESS NEWS January 16, 2003



Lockheed gets $130 mln U.S. Army helicopter deal
2003-01-15 17:50:04 EST

WASHINGTON, Jan 15 (Reuters) - Lockheed Martin Missile and Fire Control, a Lockheed Martin Corp. unit, has won a $129.7 million order for Apache AH64 combat helicopter target acquisition and pilot night vision sensors, the Army said on Wednesday.

Work will be performed in Orlando, Florida, and is to be completed by Jan. 30, 2009. The Apache is built by Boeing Co. .

Contract funds will not expire at the end of the current fiscal year, the Army said.

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Press Release Source: Lockheed Martin Space Systems Company


Lockheed Martin`s A2100 Satellite and Atlas V Launch Vehicle Receive Frost & Sullivan Space Industry Awards
Thursday January 16, 1:36 pm ET


DENVER, Jan. 16 /PRNewswire-FirstCall/ -- Lockheed Martin`s A2100 telecommunications satellite series and its Atlas V launch vehicle were recognized by Frost & Sullivan with awards for "Product of the Year" and "Achievement of the Year," respectively.

Calling it "the most reliable and efficient of its class," Frost & Sullivan recognized the Lockheed Martin Commercial Space Systems-built A2100 satellite platform for its "outstanding on-orbit reliability record since it was first offered in 1996." Frost & Sullivan presents the Satellite Market Product of the Year award for products that "demonstrate outstanding reliability and mission success and excel in technical efficiency and versatility. The product ranks higher in these areas than similar competitive products and demonstrates continued superiority."

Lockheed Martin`s Atlas V, which celebrated its successful inaugural flight August 21, 2002, was singled out by Frost & Sullivan as the industry`s most significant "Achievement of the Year." This award is given to a company for an achievement that defines its industry in terms of technical, strategic, leadership, sales or a combination of those hallmarks. The Atlas V program was recognized by Frost & Sullivan as an achievement which defined "a turning point in the industry and will influence the direction of the industry" in the years to come. "The successful launch of the Atlas V signals a new phase in the commercial launch industry as a brand new launch vehicle, one of the first truly significant space-related advances made in the United States in more than 20 years," noted Frost & Sullivan in its award.

"Lockheed Martin is honored to have been chosen to receive these prestigious awards," said Al Smith, executive vice president of Lockheed Martin Space Systems Company. "It is a tribute to the talent and determination of our employees who have developed the A2100 and the Atlas V which enable us to achieve success for our customers. Such recognition is testimony to Lockheed Martin`s commitment to developing reliable and capable systems which make a significant contribution to our customers` success and to the industry," added Smith.

Lockheed Martin Commercial Space Systems, based in Newtown, Pa., markets, designs and builds the A2100 telecommunications satellite for customers worldwide. The A2100 geosynchronous spacecraft is designed to meet a wide variety of telecommunications needs ranging from Ka band/broadband services, fixed satellite services in a Ku-band payload configuration, to high-power direct broadcast services using the Ku-band frequency spectrum. The A2100`s modular design features a reduction in parts, simplifying construction, increasing on-orbit reliability and reducing weight and cost.

Last year, Lockheed Martin Commercial Space Systems successfully launch five satellites, four of which were the A2100 design built for customers worldwide, including EchoStar VII for EchoStar Orbital Corporation; NSS-6 and NSS-7 satellites for New Skies Satellites; and most recently, the launch of Nimiq 2 for Telesat Canada. The successful launch of Nimiq 2 represented the 21st consecutive successful launch of an A2100 spacecraft. The company now is gearing up for the launch of Rainbow, a high-power A2100 satellite for Cablevision Systems Corp. of Bethpage, N.Y. The satellite is scheduled to launch aboard an Atlas V rocket later this year.

The Atlas V, designed and built by Lockheed Martin Space & Strategic Missiles at facilities near Denver, Colo., performed a flawless inaugural flight last August, heralding the advent of the next-generation launch system developed for the U.S. Air Force`s Evolved Expendable Launch Vehicle program and for the worldwide commercial satellite market.

Atlas is the most reliable and versatile launch vehicle family in the space launch industry today, with a record of 63 consecutive successful missions and 472 total launch successes. In addition, all seven new versions of the commercial Atlas introduced to the market since 1990 have flown successfully in their inaugural flights -- Atlas I (1990), Atlas II (1991), Atlas IIA (1992), Atlas IIAS (1993), Atlas IIIA (2000), Atlas IIIB (2002) and Atlas V (2002). This record of inaugural flight performance is unprecedented in the space launch industry. The Atlas team accomplished this by using a proven development strategy termed the "spiral development" method. Using this method, Lockheed Martin achieved incremental steps in its ongoing development and improvement of the Atlas launch system, as opposed to major leaps in unproven technology. This approach has led to the successful evolution of the Atlas to the Atlas V 400 and 500 series. The evolutionary steps undertaken by Lockheed Martin have resulted in revolutionary achievements and launch system performance.

Frost & Sullivan, a global leader in strategic market training and growth consulting, presents Market Engineering Awards to companies that demonstrate excellence in their industry, commending the innovative business strategies required to advance in the global marketplace. Frost & Sullivan rigorously analyzes specific criteria to determine Market Engineering Award recipients in a vast variety of market industries and landscapes. For further information, visit www.frost.com.

Lockheed Martin Space & Strategic Missiles is a business unit of Lockheed Martin Space Systems Company. Lockheed Martin Space Systems Company is one of the major operating units of Lockheed Martin Corporation. Space Systems designs, develops, tests, manufactures and operates a variety of advanced technology systems for military, civil and commercial customers. Chief products include a full-range of space launch systems, including heavy-lift capability, ground systems, remote sensing and communications satellites for commercial and government customers, advanced space observatories and interplanetary spacecraft, fleet ballistic missiles and missile defense systems.

Headquartered in Bethesda, Md., Lockheed Martin is a highly diversified global enterprise principally engaged in the research, design, development, manufacture and integration of advanced-technology systems, products and services. The Corporation`s core businesses span space and telecommunications, electronics, information and services, aeronautics, energy and systems integration. Lockheed Martin had 2001 sales surpassing $24 billion.

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Dow Jones Business News
[Lockheed Martin Enhances Transparency for Segment Results
Thursday January 16, 12:13 pm ET


BETHESDA, Md. (Dow Jones)--Lockheed Martin Corp. will change how it reports income or expense for its qualified defined benefit pension plans and costs for its stock-based compensation for its four operating segments.

"This action is another step in our efforts to provide greater clarity and transparency to our shareholders and the investment community," said Christopher Kubasik, senior vice president and chief financial officer. The change reflects the way Lockheed measures performance of its segments.

In a form 8-K filed with the Securities and Exchange Commission, the company said it reclassified all prior periods to include pension expense as defined by Cost Accounting Standard rules and the resulting net sales effect.

Previously, pension expense was defined under the Statement of Financial Accounting Standards No. 87.

The CAS rules govern the extent of allocability and recoverability for pension costs on government contracts. SFAS No. 87 defined income or pension expense under Generally Accepted Accounting Principles.

In a press release Thursday, the defense and aerospace company said the changes won`t affect previously reported overall consolidated results or earnings.

Also, the company will discard the "corporate and other" operating segment header. Instead, these activities and other items the company considers as separate from the segments` operating performance will be placed under a " unallocated corporate income (expenses), net" header.

Company Web site: http://www.lockheedmartin.com

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Dow Jones Business News
Finmeccanica, Lockheed Win Greek Order for 12 Jets
Friday January 17, 10:50 am ET


ROME (Dow Jones)--Italian aerospace and defence company Finmeccanica SpA said Friday that its Alenia Aeronautica SpA unit, together with Lockheed Martin Corp. (NYSE:LMT - News) , have received a EUR297 million contract to sell 12 military transport C-27J jets to the Greek Defence Ministry.
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The deal is part of Athens` Medium Range Tactical Aircraft program, for which rival European Aeronautic Defence & Space Co. NV was also bidding, Finmeccanica said.

Delivery of the first C-27J jet will be made 18 months after the contract is effective, Finmeccanica said. Of the 11 remaining C-27Js, one will be delivered per month after the first one.

A Finmeccanica spokesperson said the company expects the contract to be effective in two months` time.

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Press Release Source: Lockheed Martin


Lockheed Martin Completes Strategic Analysis of Commercial Space Systems
Friday January 17, 10:02 am ET


BETHESDA, Md., Jan. 17 /PRNewswire-FirstCall/ -- Following an analysis of strategic options in response to ongoing overcapacity issues in the commercial satellite-manufacturing marketplace, Lockheed Martin today announced it will advance and extend its aggressive realignment initiative, begun in July 2001, to consolidate and streamline management, engineering and manufacturing organizations within its Commercial Space Systems (LMCSS) business, which is located in Newtown, PA.

"We have evaluated a wide variety of strategic options for our commercial satellite manufacturing business and have determined our best course is to build on our record of mission success and cost reduction initiatives, with a goal of improving competitiveness and generating better value," said Robert J. Stevens, president and chief operating officer for Lockheed Martin. "Rather than aligning LMCSS with another satellite manufacturer, or discontinuing operations, we will continue to strengthen our competitive posture by improving efficiencies and focus on winning new business in 2003."

Al Smith, executive vice president of Lockheed Martin Space Systems reaffirmed the company`s dedication to mission success: "Our commercial space team continues to achieve an impressive record of 100 percent mission success and we will remain relentlessly focused on ensuring product reliability to enhance our ability to meet our customers needs and win new business in 2003."

Last year, five satellites, designed and built by LMCSS for customers worldwide were successfully launched, including EchoStar VII for EchoStar Orbital Corporation; NSS-6 and NSS-7 satellites for New Skies Satellites; N- STAR c for NTT DoCoMo, Japan`s largest wireless telecommunications provider; and most recently, Nimiq 2 for Telesat Canada. The launch of Nimiq 2 represented the 21st straight successful launch of an A2100 spacecraft. The first A2100 was launched in 1996 and are all currently operational. The company now is gearing up for the launch of Rainbow, a high-power A2100 satellite for Cablevision Systems Corp. of Bethpage, N.Y. The satellite is scheduled to launch in the first half of 2003 aboard an Atlas V rocket.

LMCSS markets, designs and builds geostationary and non-geostationary telecommunications satellites for customers worldwide. The company`s A2100 geosynchronous spacecraft is designed to meet a wide variety of telecommunications needs ranging from Ka band/broadband services, fixed satellite services in a Ku-band payload configuration, to high-power direct broadcast services using the Ku-band frequency spectrum. The A2100`s modular design features a reduction in parts, simplifying construction, increasing on- orbit reliability and reducing weight and cost.

Customers include: Asia Cellular Satellite International, China Orient Telecomm Satellite Co. Ltd, EchoStar Communications Corporation, SES Americom, Japan Satellite Systems Inc., Korea Telecom, PT Telkomunikasi (TELKOM), New Skies Satellites N.V., NTT Mobile Communications Inc., Space Communications Corporation, Telesat Canada and Cablevision Systems Corp.

LMCSS is an operating unit of Lockheed Martin Space Systems Company, one of the core business areas of the Lockheed Martin Corporation. Lockheed Martin has a 41-year heritage of building reliable spacecraft for commercial and military customers, having launched more than 875 spacecraft and clocking nearly 1,500 years of on-orbit performance experience.

Headquartered in Bethesda, Md., Lockheed Martin is a global enterprise principally engaged in the research, design, development, manufacture and integration of advanced-technology systems, products and services. The Corporation`s core businesses are systems integration, space, aeronautics, and technology services. Employing about 124,000 people worldwide, Lockheed Martin had 2001 sales of $24 billion.

For additional information, visit the website: http://www.lockheedmartin.com .




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Source: Lockheed Martin

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Press Release Source: UBS Warburg


UBS Warburg Adds Lockheed Martin and Weyerhaeuser and Deletes Coca-Cola And Procter & Gamble from the Global 50 Highlighted Stocks List
Wednesday January 22, 4:58 pm ET


NEW YORK, Jan. 22 /PRNewswire-FirstCall/ -- UBS Warburg adds Lockheed Martin (LMT.N) and Weyerhaeuser (WY.N) and deletes Coca-Cola (KO.N) and Procter & Gamble (PG.N) from the Global 50 Highlighted Stocks list.
UBS Warburg is a business group of UBS AG (NYSE: UBS - News), one of the largest financial services firms in the world with more than 70,000 employees in more than 40 countries. UBS Warburg is a leader in equities, corporate finance, M&A advisory and financing, financial structuring, fixed income issuance and trading, foreign exchange, derivatives and risk management. UBS Warburg is one of four business groups of UBS AG along with UBS PaineWebber, UBS Global Asset Management and UBS Wealth Management & Business Banking.




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Source: UBS Warburg

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Reuters
Robotics seen as answer to dangerous military jobs
Wednesday January 22, 5:04 pm ET
By Andrea Shalal-Esa


WESTMINSTER, Maryland, Jan 22 (Reuters) - The medium-weight Stryker armored combat vehicle moves quickly, skirting trees and other dangerous obstacles as it scouts out enemy territory -- but there`s no person at the controls.

This is an autonomous robotic vehicle built by General Dynamics Corp. (NYSE:GD - News), which gets to its pre-set destination by relying on an array of sophisticated sensors, infrared cameras, and images gathered by satellites, all of which are updated by a high-powered computerized mission planner 10 times a second.

It can detect enemy targets two to three kilometers away -- and once it receives the go-ahead from a remote commander -- can launch the powerful Javelin anti-tank missiles it carries.

"Where this is all leading is the ability to replace men in the military in what they call the dirty, dangerous and dull missions," said Scott Myers, vice president of Eagle Enterprise, the General Dynamics division that is developing the robotic Stryker, in addition to commercial applications such as an automated pharmacy and postal sorting equipment.

"The scout mission is a good example. It`s probably one of the most dangerous missions out there," he said in an interview, noting the loss of a robotic scout would be easier to justify than the death of a soldier doing the same work.

New combat vehicles such as Stryker are part of the U.S. military`s bid to transform itself into a faster, more mobile fighting force to deal with new threats around the world.

At the same time, the U.S. military is increasing funding for advanced unmanned systems to use on the ground, in the water and in the air, spurred on by an American public that is less willing to accept the death of U.S. troops in battle.

The U.S. Army plans extensive tests at its Fort Bliss, Texas, facility next month of the robotic Strykers, which can each carry two soldiers who can control up to 10 additional unmanned air and land vehicles from their three-screen command centers at the back of each vehicle.

The robotic vehicles can also carry anti-sniper detectors and can disperse a smokescreen to protect U.S. vehicles.

The tests will culminate with a live firing exercise in March in which the robotic Strykers will identify enemy targets and fire their Javelin missiles, made by a joint venture of Raytheon Co. (NYSE:RTN - News) and Lockheed Martin Corp. (NYSE:LMT - News)

ROBOTS SEEN FIELDED BY 2008

Currently, the Army plans to begin fielding autonomous robotic vehicles like the Stryker as early as 2008.

Myers said it only takes about one week to train soldiers to operate the robotic Strykers and use the on-board command centers, since the controls are designed on the basis of video games with which most young soldiers are already familiar.

The U.S. military already uses remotely operated minesweeping vehicles, and will soon start fielding robots the size of a golf cart to patrol critical U.S. facilities. Both of those are also being developed by General Dynamics.

In addition, General Dynamics has developed a smaller autonomous robotic vehicle the size of a small sports utility vehicle that could also be used for scouting missions.

Unmanned vehicles like the Predator spy plane built by General Atomics Aeronautical Systems Inc., and Northrop Grumman Corp.`s (NYSE:NOC - News) higher altitude Global Hawk RQ-4 surveillance aircraft played a key role in the U.S. war in Afghanistan.

Both of those aircraft were rushed out for combat use despite being at early stages of development, but Myers does not see the robotic Strykers being used in Iraq if it comes to war this year, at least until further field tests are completed.

LOGISTICS HELP IN THE FUTURE

But he says the robotics being developed for Stryker are just the tip of the iceberg.

In the future, he says, the U.S. military could use robotic vehicles to help handle logistics, such as bringing fresh ammunition and supplies to front-line troops. Such vehicles could even be used to purify water for troops to drink in combat situations, requiring fewer supplies to be sent.

Myers` company is also developing specialized equipment for individual soldiers, including vests that measure their heart rate, provide warmth, and help track their exact location.

General Dynamics hopes the robotic version will help clinch a Pentagon decision due in July to fund two additional brigades of Strykers, which were developed by a joint venture of General Dynamics and the defense unit of General Motors Corp. (NYSE:GM - News)

General Dynamics last month announced it would buy the defense unit from General Motors, giving it a top spot in the growing market for combat vehicles.

"General Dynamics is clearly the market leader," said Loren Thompson, director of the Virginia-based Lexington Institute. He said the development of robotic systems was "one of the most exciting things" the company was working on.

But he noted that traveling on the ground was inherently more dangerous than in the air or in the water, and much of the success of this development would depend on the sophistication of the computer programs that were developed.

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LONDON, Jan. 23 /PRNewswire/ -- The United Kingdom Ministry of Defence has selected the Raytheon/Lockheed Martin Javelin Joint Venture as the preferred supplier for its Light Forces Anti-Tank Guided Weapon system program.

The Light Forces Anti-Tank Guided Weapon is about a $459 million (#300 million) program that calls for a weapon to meet the British Army``s requirement for a lightweight, medium-range anti-armor weapon system that will be in the inventory up to 2025.

The anti-armor program will supply the British Army with the latest man- portable, anti-tank weapon capability that can be used day or night. With a range of 2,500 meters, using long-wave imaging infrared technology, it will allow for deployment by a single soldier within a confined space. The Light Forces Anti-Tank Guided Weapon system will enter service in 2005, replacing the British Army``s current Milan system for use by the Rapid Reaction Forces, including the 16 Air Assault Brigade, the 3 Commando Brigade Royal Marines, and other British units. The Light Forces Anti-Tank Guided Weapon system significantly enhances the firepower of light and mechanized infantry soldiers and enhances NATO interoperability.

Javelin meets all requirements for the Light Forces Anti-Tank Guided Weapon system, including military-off-the-shelf procurement to minimize risk and cost and 100 percent UK industrial participation. Javelin is a single, man-portable, "fire and forget" anti-armor weapon that is already in service with the U.S. Army and Marine Corps in operations around the world, as well as in Afghanistan with the Special Operations Forces of an undisclosed nation. Javelin is also on order for the armed services of several other countries.

The selection of Javelin will mean a considerable boost to the UK``s defence industry. Some 16 companies throughout the country have already been selected to supply components up to sub-assembly level for the system. It is estimated that over 300 skilled jobs will be created or sustained by the UK Javelin acquisition. The program will also entail leading edge technology transfer to some of these suppliers, including that for the advanced seeker. In addition, UK companies will benefit through potential future buys of Javelin and its upgrades by the U.S. and other export customers.

"Javelin will equip the United Kingdom light and mechanized infantry forces with the world``s premier medium-range anti-tank capability," said Col. John Weinzettle, the U.S. Army Close Combat Missile Systems (CCMS) project manager. "Javelin ensures a single British soldier or marine can defeat all known armored vehicles as well as conduct precision engagements of alternate targets such as bunkers, buildings, low flying helicopters and watercraft."

"Raytheon, Lockheed Martin and all of our UK team members are very pleased that the UK government has put its trust in us to deliver such an important capability to the British Army and Royal Marines," said Michael Crisp, president, Javelin Joint Venture. "The Javelin system is the world``s only validated medium range fire-and-forget anti-armor system. I look forward to working with our world-class UK teammates to bring a combat proven, highly effective, low risk, value for money solution to the UK Armed Forces."

"The United Kingdom conducted an exhaustive evaluation of all technical, schedule and cost aspects," said Howard Weaver, Javelin Joint Venture vice president. "Javelin proved its high reliability and very low operational, logistic and whole life costs. The Javelin Joint Venture, will provide the UK government the lowest-risk solution to meet its 2005 In-Service Date."

Raytheon Company, which leads the joint venture, provides system engineering management and support for the Javelin Joint Venture and produces the CLU, missile guidance electronic unit and system software. Work is performed primarily at Raytheon Missile Systems in Tucson, Ariz., and at other Raytheon facilities in Texas, Massachusetts and California.

Lockheed Martin provides missile engineering and production support for the Javelin Joint Venture in Orlando, Fla., produces the missile seeker in Ocala, Fla., and performs missile all-up-round assembly in Troy, Ala.

With headquarters in Lexington, Mass., Raytheon Company is a global technology leader in defense, government and commercial electronics, and business and special mission aircraft.

Headquartered in Bethesda, Md., Lockheed Martin is a global enterprise principally engaged in research, design, development, manufacture and integration of advanced-technology systems, products and services. The corporation``s core businesses are systems integration, space aeronautics and technology services.

Notes to Editor: * Javelin has been selected by Lithuania, Jordan, Australia, New Zealand and Taiwan. * Raytheon Company leads the Javelin Joint Venture (60/40 percent). Contact: Raytheon Jennifer Allen 520.794.4182 Lockheed Martin: Nettie Johnson 407.356.5351

Raytheon Company

© PR Newswire

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BETHESDA, Md., Jan. 23 /PRNewswire-FirstCall/ -- Lockheed Martin``s board of directors today declared a regular quarterly dividend on the Corporation``s common stock and increased the quarterly dividend amount by 9 percent, to 12 cents per share.

The dividend is payable March 31, 2003 to holders of record on March 3, 2003.

Headquartered in Bethesda, Maryland, Lockheed Martin employs about 125,000 people worldwide and is principally engaged in the research, design, development, manufacture and integration of advanced technology systems, products and services. The corporation reported 2001 sales of $24 billion.

For additional information on Lockheed Martin Corporation, visit:

http://www.lockheedmartin.com/

Lockheed Martin

© PR Newswire

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Reuters
Liberty unit to buy out broadband satellite system
Thursday January 23, 10:57 am ET


NEW YORK, Jan 23 (Reuters) - A unit of Liberty Media Corp. (NYSE:L - News) said on Thursday it would buy out a satellite system from its partners for about $46 million and invest more money in the business to provide corporate and government customers with secure access to high-speed networks.

Astrolink International, as the system is known, was formed in 1999, with Liberty Satellite & Technology Inc. (OTC BB:LSATA.OB - News) owning a little less than one-third and the rest controlled by Northrop Grumman Space & Mission Systems Corp., formerly known as TRW Inc., Lockheed Martin Corp. (NYSE:LMT - News) and Telespazio SpA.

The transaction is expected to close by Oct. 31, but still requires regulatory approvals and funding deals with other investors, Liberty Satellite said in a statement.

Liberty Satellite, based in Englewood, Colorado, agreed to pay about $43 million of cash and to issue $3 million of Series A common stock for the Astrolink assets and its launch contracts. As part of the deal, Astrolink signed agreements with Lockheed and Northrop to complete two satellites.

The deal also settles all claims related to Astrolink`s earlier termination of procurement contracts and from other third-party creditors, Liberty Satellite said.

Liberty Media, run by cable pioneer John Malone, said it would buy up to $55 million of Liberty Satellite Series B common stock at the deal`s closing.

Although the companies announced plans to restructure Astrolink last May, none of the terms were disclosed at the time.

The Astrolink deal follows Liberty Satellite`s announcement last month that it would increase its investment in Wildblue Communications, which aims to provide high-speed Internet access to consumers via satellite.

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Reuters
Lockheed, Boeing top U.S. military contract list
Thursday January 23, 4:20 pm ET


WASHINGTON, Jan 23 (Reuters) - Lockheed Martin Corp. (NYSE:LMT - News) topped the list of the biggest U.S. military contractors in fiscal 2002, followed by Boeing Co. (NYSE:BA - News) and Northrop Grumman Corp. (NYSE:NOC - News), the Defense Department said on Thursday.
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Bethesda, Maryland-based Lockheed, long the industry leader, rolled up $17 billion in prime contract awards in the year ended Sept. 30, up from $14.7 billion the year before and $15.1 billion in fiscal 2000, the annual list of the top 100 defense contractors showed.

Chicago-based Boeing, long the No. 2, received $16.6 billion in prime awards, up from $13.3 billion in fiscal 2001 and $12 billion in 2000.

Northrop, based in Los Angeles and on a big buying spree, picked up prime contracts valued at $8.7 billion, up from $5.2 billion in 2001 and $3.1 billion in 2000, before it acquired Newport News Shipbuilding Inc.

Northrop acquired Cleveland-based TRW Inc. in December, too late to have TRW`s $2.0 billion in fiscal 2002 prime contracts count in the Northrop total. Even with TRW`s deals, Northrop would have trailed Boeing in 2002, the list showed.

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Press Release Source: Lockheed Martin Corporation


Lockheed Martin Reports 2002 Earnings
Friday January 24, 8:01 am ET
* Lockheed Martin Reports 2002 Net Sales of $26.6 Billion, An 11% Increase Over 2001
* Reports 2002 Earnings Per Share From Continuing Operations of $1.18 After $1.40 Of Unusual Items
* Adjusted Earnings Per Share From Continuing Operations of $2.58, Excluding Unusual Items, Exceeded Prior Guidance of $2.50 - $2.55 Per Share
* Generated $1.7 Billion in Free Cash Flow; Exceeded Prior Guidance of at Least $1.5 Billion
* Projects 2003 Sales Growth of 8% - 12%; Projects 2004 Sales Growth of About 5%
* Projects Outlook for 2003 Earnings Per Share From Continuing Operations Of $2.15 - $2.20 After Negative Impact of Approximately $0.75 Per Share From Revised Incremental Pension Expense and Other Non-Operational Income
* Increases Free Cash Flow Guidance to at Least $800 Million for 2003 And at Least $1.8 Billion for 2003 and 2004 Combined


BETHESDA, Md., Jan. 24 /PRNewswire-FirstCall/ -- Lockheed Martin Corporation (NYSE: LMT - News) today reported 2002 earnings from continuing operations of $533 million, or $1.18 per diluted share, compared to $43 million, or $0.10 per diluted share in 2001. Adjusting for goodwill amortization, earnings from continuing operations in 2001 would have been $279 million, or $0.65 per share.
The 2002 results included the impact of several unusual items, which decreased earnings by $632 million, or $1.40 per share. The 2001 earnings from continuing operations also included the impact of several unusual items that decreased earnings by $651 million, or $1.50 per share.

Excluding unusual items, 2002 earnings from continuing operations would have been $1.2 billion, or $2.58 per share. After adjusting for the impact of goodwill amortization and excluding unusual items, 2001 earnings from continuing operations would have been $930 million, or $2.15 per share.

Including discontinued operations, net earnings for 2002 were $500 million, or $1.11 per share, as compared to a net loss of $1.0 billion, or $2.42 per share for 2001.

CONSOLIDATED RESULTS

4th Quarter Year-to-Date
2002 2001 2002 2001
GAAP Earnings (Loss) Per Share
Continuing Operations ($0.76) ($0.34) $1.18 $0.10
Discontinued Operations (0.01) (3.15) (0.07) (2.52)
Net Earnings Per Share ($0.77) ($3.49) $1.11 ($2.42)

Adjusted Earnings Per Share
Continuing Operations -- GAAP ($0.76) ($0.34) $1.18 $0.10
Add: Unusual Items, net 1.61 0.89 1.40 1.50
Goodwill amortization N/A 0.12 N/A 0.55
Adjusted Earnings from Continuing
Operations $0.85 $0.67 $2.58 $2.15



Net sales for 2002 were $26.6 billion, an 11% increase over 2001 sales of $24.0 billion. Backlog at year-end was $70.4 billion compared to the year-end 2001 backlog of $71.3 billion.

Free cash flow generation was $1.7 billion in 2002 as compared to the $2.0 billion generated in 2001. Free cash flow is defined as cash provided by operating activities less capital expenditures (net of proceeds on disposals) and excludes any proceeds from, or income tax payments on, divestitures. A reconciliation of cash provided by operating activities as determined by Generally Accepted Accounting Principles (GAAP) to free cash flow is included in the attachments to this release.

"Our fourth quarter, like the entire year, was a solid one for the corporation. Our performance delivered higher sales, operating profit and cash," said Vance Coffman, chairman and CEO. "Looking ahead to 2003, we have a healthy backlog of over $70 billion, and we are increasing our sales, operating profit and cash projections. We are committed to meeting customer requirements, continued mission success and achieving strong financial performance."

The balance sheet was adjusted at December 31, 2002 in accordance with Statement of Financial Accounting Standards (FAS) No. 87 "Employers` Accounting for Pensions" to record an additional minimum pension liability. This adjustment was a non-cash $1.6 billion after-tax reduction of equity, did not impact earnings and is potentially reversible should financial markets improve and interest rates increase at the end of 2003.

At December 31, 2002, the ratio of debt to capitalization was approximately 57% as compared to approximately 54% at December 31, 2001. Net debt to total capitalization, a commonly used alternative measure of leverage, deducts a corporation`s cash balance from debt and total capitalization. As measured on this basis, our leverage ratio at December 31, 2002, was approximately 45% as compared to approximately 51% at December 31, 2001.

As described in the Form 8-K filed with the SEC on January 16, 2003, segment operating results will now only include pension expense as determined under Cost Accounting Standards (CAS) and the resulting net sales effect. The FAS/CAS income adjustment will now be included in a reconciling line item called "Unallocated corporate income (expense), net" to determine the total consolidated results under GAAP. An attachment to this release presents the impact of this change on segment results.

FOURTH QUARTER AND YEAR-TO-DATE DETAILED REVIEW

Continuing Operations

Net sales for the fourth quarter of 2002 were $7.8 billion, a 6% increase over fourth quarter 2001 sales of $7.3 billion. The loss from continuing operations for the fourth quarter of 2002 was $342 million, or $0.76 per share, compared to a loss of $146 million, or $0.34 per share, reported in the fourth quarter of 2001. Adjusting for goodwill amortization, the loss from continuing operations in the fourth quarter of 2001 would have been $93 million, or $0.22 per share.

The fourth quarter 2002 results included the after-tax impact of several unusual items: a $504 million ($1.12 per share) charge related to the impairment of telecommunications equity investments; a charge of $112 million ($0.25 per share) related to advances to a Russian manufacturer for prepaid commercial launch services; and a $106 million ($0.24 per share) charge related to the impairment of our investment in Space Imaging, LLC and our guarantee of our share of Space Imaging`s existing credit facility. Excluding these unusual items, fourth quarter 2002 earnings from continuing operations would have been $380 million, or $0.85 per share.

The fourth quarter 2001 results also included the after-tax impact of several unusual items that, on a combined basis, reduced earnings by $384 million, or $0.89 per share. After adjusting for goodwill amortization and excluding the unusual items, fourth quarter 2001 earnings from continuing operations would have been $291 million, or $0.67 per share.

For the year ended December 31, 2002, net sales were $26.6 billion, an 11% increase over 2001 sales of $24.0 billion. Earnings from continuing operations for 2002 were $533 million, or $1.18 per share, compared to $43 million, or $0.10 per share in 2001. Adjusting for goodwill amortization, earnings from continuing operations in 2001 would have been $279 million, or $0.65 per share.

In addition to the unusual items recorded in the fourth quarter, the 2002 results included the impact of a one-time benefit of an R&D tax credit claim settlement of $90 million, or $0.20 per share. Excluding these unusual items, 2002 earnings from continuing operations would have been $1.2 billion, or $2.58 per share.

The 2001 year-to-date earnings from continuing operations also included the after-tax impact of several unusual items. On a combined basis, these unusual items decreased 2001 earnings from continuing operations by $651 million, or $1.50 per share. After adjusting results for goodwill amortization and excluding the unusual items, 2001 earnings from continuing operations would have been $930 million, or $2.15 per share.

Interest expense of $141 million and $581 million for the quarter and year ended December 31, 2002 was lower by $10 million and $119 million than the comparable periods in 2001 as a result of the reduction in debt and the benefit from interest rate swap agreements.

Discontinued Operations

During 2002, the results of operations of the telecommunications services businesses held for sale were reported in discontinued operations. During the year, Mobile Communications, World Systems, and an 81% equity interest in COMSAT International were sold. An agreement was reached in the fourth quarter to sell Lockheed Martin Intersputnik (LMI). The LMI sale is expected to close in 2003, subject to regulatory and other closing conditions. No gain or loss is expected on this transaction.

The losses from discontinued operations were $5 million, or $0.01 per share, and $1.4 billion, or $3.15 per share, for the fourth quarter of 2002 and 2001. For the year ended December 31, 2002, the loss from discontinued operations was $33 million, or $0.07 per share, and for 2001 was $1.1 billion or $2.52 per share.

Net Earnings (Loss)

For the fourth quarter of 2002, the net loss was $347 million, or $0.77 per share, as compared to a net loss of $1.5 billion, or $3.49 per share in 2001. For the year ended December 31, 2002, net earnings were $500 million, or $1.11 per share, as compared to a net loss of $1.0 billion, or $2.42 per share for 2001.

SEGMENT RESULTS

Consistent with the manner in which our segments` operating performance is evaluated, unusual items are excluded from segment earnings before interest and taxes (operating profit) and included in "Unallocated corporate income (expense), net." A table presenting the impact of these unusual items on our results for the quarters and years ended December 31, 2002 and 2001 is presented in the attachments to this release.

"Unallocated corporate income (expense), net" includes earnings and losses from equity investments (mainly telecommunications), interest income, corporate costs not allocated to the operating segments, the FAS/CAS income adjustment, costs for stock-based award programs, unusual items not considered part of segment operating performance, and other miscellaneous corporate activities.

The following table presents results of the four operating segments and reconciles these amounts to our consolidated net sales and operating profit as determined under GAAP.

4th Quarter Year-to-Date
2002 2001 2002 2001
(In millions)
Net sales
Systems Integration $3,017 $2,732 $9,603 $9,014
Space Systems 1,888 1,813 7,384 6,836
Aeronautics 1,922 1,993 6,471 5,355
Technology Services 947 791 3,104 2,763
Operating segments 7,774 7,329 26,562 23,968

Other 6 5 16 22

Total net sales $7,780 $7,334 $26,578 $23,990

Operating profit
Systems Integration $290 $277 $952 $906
Space Systems 108 88 443 360
Aeronautics 139 104 448 329
Technology Services 55 25 177 114
Segment operating profit 592 494 2,020 1,709

Unallocated corporate expense, net (1,010) (468) (862) (602)
Goodwill amortization - (69) - (274)
Reconciling items subtotal (1,010) (537) (862) (876)

Total operating profit (loss) $(418) $(43) $1,158 $833


Unallocated corporate income (expense), net is summarized below:

4th Quarter Year-to-Date
2002 2001 2002 2001
(In millions)
Unusual items $(1,112) $(563) $(1,112) $(973)
FAS/CAS pension income 74 108 243 360
Other 28 (13) 7 11
Total $(1,010) $(468) $(862) $(602)




The following discussion compares the segment operating results for the quarter and year ended December 31, 2002 to the same periods in 2001.

Systems Integration
($ millions)
4th Quarter Year-to-Date
2002 2001 2002 2001

Net Sales $3,017 $2,732 $9,603 $9,014
Operating profit $290 $277 $952 $906
Margin 9.6% 10.1% 9.9% 10.1%



Net sales for Systems Integration increased by 10% and 7% for the quarter and the year 2002 as compared to the 2001 periods. For the quarter and year, the sales increase was the result of higher volume in the Command, Control, Communication, Computers and Intelligence (C4I), Naval Electronics & Surveillance Systems (NE&SS), and Missiles & Fire Control (M&FC) lines of business, which were partially offset by lower sales in the Systems Integration-Owego line of business.

Segment operating profit increased by 5% for both the quarter and year ended December 31, 2002 when compared to 2001. For the quarter, increased operating profit at C4I and NE&SS was partially offset by declines at Systems Integration-Owego. For the year, increased operating profit at M&FC, C4I and NE&SS more than offset lower operating profit at Systems Integration-Owego. Overall, a decline in volume on mature production programs (at Owego and M&FC) and higher volume on development programs (at NE&SS and M&FC) contributed to the slight decline in margins.

Space Systems
($ millions)
4th Quarter Year-to-Date
2002 2001 2002 2001

Net Sales $1,888 $1,813 $7,384 $6,836
Operating profit $108 $88 $443 $360
Margin 5.7% 4.9% 6.0% 5.3%



Net sales for Space Systems increased by 4% and 8% for the quarter and year in 2002 compared to the 2001 periods. For the quarter, increases in the government space line of business more than offset declines in the commercial space line of business. The increase in government space is mainly due to higher volume on government satellite programs and ground systems activities, partially offset by a decline in volume on government launch vehicles (Titan) and strategic missile programs. The decrease in commercial space is attributable to a decline in commercial satellite manufacturing activities, which was partially offset by increased sales from commercial launch activities in the fourth quarter of 2002 as compared to 2001.

The increase in net sales for 2002 resulted from higher volume in both government space and commercial space. In government space, increases in government satellite programs and ground systems activities more than offset decreases resulting from lower volume on government launch vehicles and strategic missile programs. The increase in commercial space is primarily attributable to increased launch vehicle activities, with nine commercial launches during 2002 compared to six in 2001.

Segment operating profit increased 23% for both the quarter and year ended December 31, 2002 from the comparable 2001 periods. For the quarter, operating profit in government space declined due to lower volume on government launch vehicles and strategic missiles programs, which more than offset increases resulting from higher volume on government satellite programs and ground systems. Commercial space`s operating profit increased due to improved performance on commercial satellite manufacturing contracts, which offset lower profitability on the two commercial launches this quarter as compared to one in the 2001 quarter. Operating profit also included the adverse effects of a $35 million adjustment in the fourth quarter of 2002 for launch vehicle contract settlement costs and a $61 million adjustment in the fourth quarter of 2001 recorded to reflect the continued industry-wide oversupply and deterioration of pricing in the commercial launch market.

For year ended December 31, 2002, reduced losses in commercial space resulted in increased operating profit when compared to 2001. Commercial satellite manufacturing losses declined in 2002 as operating performance improved. In the first quarter of 2001, a $40 million loss provision was recorded on certain commercial satellite contracts. Due to the industry-wide oversupply and deterioration of pricing in the commercial launch market, financial results on commercial launch vehicles continue to be challenging. During 2002, this trend led to lower profitability on the three additional launches in the current year, additional charges of $60 million (net of a favorable contract adjustment of $20 million) for market and pricing pressures and the $35 million adjustment for contract settlement costs previously mentioned. The 2001 results also included charges for market and pricing pressures, which reduced that year`s operating profit by $145 million. The slight decrease in government space for the year is primarily due to the reduced volume on government launch vehicles and strategic missile programs partially offset by increases on government satellite programs and ground systems activities.

Aeronautics
($ millions)
4th Quarter Year-to-Date
2002 2001 2002 2001

Net Sales $1,922 $1,993 $6,471 $5,355
Operating profit $139 $104 $448 $329
Margin 7.2% 5.2% 6.9% 6.1%



Net sales for Aeronautics decreased by 4% for the quarter and increased by 21% for the year 2002 compared to the 2001 periods. The sales decrease in the quarter was primarily driven by eight fewer C-130J deliveries and lower volume of F/A-22 Engineering and Manufacturing Development (EMD) activities. Partially offsetting this decrease was greater volume on the F-35 Joint Strike Fighter program, higher volume on F/A-22 production contracts and higher development activities on the F-16 and C-5 programs. The sales increase for the year was driven by volume increases on the same programs as in the quarter, partially offset by seven fewer C-130J deliveries compared to 2001.

Segment operating profit increased by 34% and 36% for the quarter and year in 2002 compared to 2001. These increases were primarily due to the higher volume on the programs described above, partially offset by a $15 million change in estimate adjustment related to cost growth on F/A-22 EMD activities. The year-to-date comparison also included the impact of a $15 million charge related to performance issues on an aircraft modification contract recorded in the third quarter of 2002. Margins in 2002 were favorably affected by having eight and seven fewer C-130J deliveries in the fourth quarter and year as compared to 2001. The decline in C-130J deliveries did not impact operating profit due to the previously disclosed suspension of earnings recognition on the program.

Technology Services
($ millions)
4th Quarter Year-to-Date
2002 2001 2002 2001

Net Sales $947 $791 $3,104 $2,763
Operating profit $55 $25 $177 $114
Margin 5.8% 3.2% 5.7% 4.1%



Net sales for Technology Services increased by 20% and 12% for the quarter and year in 2002 compared to 2001. For the quarter and year, the increase in sales was primarily attributable to growth in the government information technology and defense lines of business. This growth was partially offset by lower sales in the commercial information technology and NASA lines of business.

Segment operating profit increased by $30 million and by $63 million for the quarter and year in 2002 compared to 2001. In both periods, operating profit increased mainly due to improved performance in commercial information technology and the higher volume in government information technology, partially offset by lower operating profit on the military aircraft, NASA and energy lines of business.

BUSINESS OUTLOOK

The following forward-looking statements are based on our current expectations. Actual results may differ materially. See our Safe Harbor discussion below.

Earnings per share in 2003 from continuing operations are expected to be between $2.15 - $2.20. The 2003 earnings projections assume profit from operating segments of $2.3 billion - $2.4 billion, unallocated corporate net expense of $325 - $375 million, interest expense of approximately $535 million, an effective tax rate between 31% - 32% and average shares of approximately 460 million. Forecasted sales for the year 2003 are expected to be between 8% - 12% above 2002 sales. The increase to our sales guidance positively impacts earnings per share by $0.10 - $0.15. The 2003 sales distribution is estimated to be 20% - 25% for each of the first two quarters and 50% - 60% for the second half of the year. Forecasted earnings per share are projected to be approximately 15% - 20% in the first quarter, 20% - 25% in the second quarter and 55% - 65% for the second half of the year.

As mentioned earlier, our segment operating results only include pension expense as determined under CAS (with the resulting net sales effect). The FAS/CAS adjustment is included in "Unallocated corporate income (expense), net." Based on the lower long-term interest rates, the 2002 financial market performance as well as the outlook on long-term returns available in the capital markets, the 2003 FAS pension plan assumptions have been revised. The revised assumptions include a discount rate of 6.75% and an expected long-term rate of return on plan assets of 8.5% compared to the prior assumptions of 7.25% and 9.5%, respectively.

Based on the revised assumptions, the 2003 FAS pension expense is expected to be approximately $490 million compared to the previous 2003 guidance of at least $50 million. CAS pension expense in 2003 is about $160 million and is consistent with prior guidance. As a result, the FAS/CAS adjustment for 2003 is projected to be an expense of about $330 million compared to the previous guidance of income of about $110 million resulting in a change to the previous guidance of $440 million or approximately $0.65 per share. Excluding the FAS/CAS adjustment, other non-operating income is now projected to be lower by approximately $70 million, or $0.10 per share, when compared to the previous guidance primarily due to lower equity earnings and interest income. Together, the incremental unallocated corporate income (expense), net negatively affected our prior earnings guidance for 2003 by approximately $0.75 per share.

Forecasted sales growth for the year 2004 is anticipated to be about 5%. The 2004 projections assume profit from operating segments of $2.5 - $2.6 billion, interest expense of approximately $520 million, an effective tax rate of approximately 31% - 32% and average shares of approximately 470 million. Pension expense in 2004 is subject to change and will be finalized at the end of 2003 consistent with the Corporation`s pension plan measurement date. Therefore, we have not provided earnings per share guidance for 2004.

Free cash flow is expected to be at least $800 million in 2003 and at least $1.8 billion over the two-year period 2003 - 2004. Capital expenditures for property, plant and equipment are expected to be at least $700 million in both 2003 and 2004. Depreciation and amortization of property, plant and equipment is expected to be about $475 million in 2003 and about $525 million in 2004. Amortization of contract intangibles is expected to be $125 million in both 2003 and 2004.

FOURTH QUARTER 2002 ACHIEVEMENTS

* Selected by Poland as winner of multi-role fighter competition.
Program calls for 48 F-16`s. The contract is expected to be finalized
in 2003.

* Awarded $390 million contract for work on Aegis Weapons System for six
destroyers -- two for the U.S. Navy, one for Japan and three for South
Korea.

* Awarded $340 million contract by U.S. Army for continued production of
PAC-3 missile.

* Australia formally joined F-35 (JSF) System Development and
Demonstration phase becoming eighth international partner on program.

* Trained more than 54,000 screeners for Transportation Security
Administration (TSA) under the Passenger Screening Training contract,
surpassing the original goal of more than 30,000.

* Atlas IIA launch vehicle successfully boosted a NASA satellite into
orbit. Proton vehicle successfully launched Lockheed Martin built
Nimiq-2 telecommunications satellite into orbit.

* Department of Energy announced a five-year renewal of our management
contract for Sandia Laboratories.

Web site: http://www.lockheedmartin.com


Conference call: Lockheed Martin will webcast the earnings conference call (listen-only mode) at 11 a.m. E.S.T. on January 24, 2003. A live audio broadcast, including relevant charts, will be available on the Investor Relations page of the company`s web site at: http://www.lockheedmartin.com/investor .

SAFE HARBOR

NOTE: Statements in this press release, including the statements relating to projected future financial performance, are considered forward-looking statements under the federal securities laws. Sometimes these statements will contain words such as "anticipates," "expects," "plans," "projects," "estimates," "outlook," "forecast," and other similar words. These statements are not guarantees of our future performance and are subject to risks, uncertainties and other important factors that could cause our actual performance or achievements to be materially different from those we may project.

Our actual financial results will likely be different from those projected due to the inherent nature of projections and may be better or worse than projected. Given these uncertainties, you should not rely on forward-looking statements. Forward-looking statements also represent our estimates and assumptions only as of the date that they were made. We expressly disclaim a duty to provide updates to forward-looking statements, and the estimates and assumptions associated with them, after the date of this press release to reflect the occurrence of subsequent events, changed circumstances or changes in our expectations.

In addition to the factors set forth in our 2001 Form 10-K and 2002 Form 10-Q and Form 8-K filings with the Securities and Exchange Commission (http://www.sec.gov ), the following factors could affect our forward-looking statements: the ability to obtain or the timing of obtaining future government awards; the availability of government funding and customer requirements both domestically and internationally; changes in government or customer priorities due to program reviews or revisions to strategic objectives (including changes in priorities to respond to terrorist threats or to improve homeland security); difficulties in developing and producing operationally advanced technology systems; the level of returns on pension and retirement plan assets; the competitive environment; economic business and political conditions domestically and internationally; program performance and the timing of contract payments; the timing and customer acceptance of product deliveries and launches; our ability to achieve or realize savings for our customers or ourselves through our global cost-cutting program and other financial management programs; and the outcome of contingencies (including completion of any acquisitions and divestitures, litigation and environmental remediation efforts). Our ability to monetize assets or businesses placed in discontinued operations will depend upon market and economic conditions, and other factors, and may require receipt of regulatory or governmental approvals. Realization of the value of the Corporation`s investments in equity securities, or related equity earnings for a given period, may be affected by the investee`s ability to obtain adequate funding and execute its business plan, general market conditions, industry considerations specific to the investee`s business, and/or other factors. These are only some of the numerous factors that may affect the forward-looking statements contained in this press release.

LOCKHEED MARTIN CORPORATION
Consolidated Results (1)
Preliminary and Unaudited
(In millions, except per share data and percentages)

QUARTER ENDED YEAR ENDED
DECEMBER 31, DECEMBER 31,

% %
2002 2001 Change 2002 2001 Change

Net Sales $7,780 $7,334 6% $26,578 $23,990 11%

Operating Profit
(Loss) (2) ($418) ($43) N/M $1,158 $833 39%

Interest Expense $141 $151 (7)% $581 $700 (17)%

Pre-tax (Loss) Earnings ($559) ($194) N/M $577 $133 334%

Income Tax (Benefit)
Expense ($217) ($48) N/M $44 $90 (51)%

Effective Tax Rate 39% 25% 8% 68%

(Loss) Earnings from
Continuing Operations ($342) ($146) N/M $533 $43 1,140%

(Loss) from Discontinued
Operations ($5) ($1,362) N/M ($33) ($1,089) N/M

Net (Loss) Earnings ($347) ($1,508) N/M $500 ($1,046) N/M

Basic (Loss) Earnings
Per Share:
(Loss) Earnings from
Continuing
Operations ($0.76) ($0.34) N/M $1.20 $0.10 N/M
(Loss) from
Discontinued
Operations (0.01) (3.15) N/M (0.07) (2.55) N/M
(Loss) Earnings Per
Share ($0.77) ($3.49) N/M $1.13 ($2.45) N/M

Average Basic Shares
Outstanding 449.8 432.4 445.1 427.4

Diluted (Loss) Earnings
Per Share:
(Loss) Earnings from
Continuing
Operations ($0.76) ($0.34) N/M $1.18 $0.10 N/M
(Loss) from
Discontinued
Operations (0.01) (3.15) N/M (0.07) (2.52) N/M
(Loss) Earnings Per
Share ($0.77) ($3.49) N/M $1.11 ($2.42) N/M

Average Diluted Shares
Outstanding 449.8(3) 432.4(3) 452.0 432.5

(1) On January 1, 2002, the Corporation adopted FAS No. 142, "Accounting
for Goodwill and Other Intangible Assets," which eliminates the
amortization of goodwill. As part of its adoption of FAS No. 142, the
Corporation extended the estimated remaining useful life of
Aeronautics` contract intangibles related to the F-16 program from 6
to 10 years. Consolidated results for 2001 are consistent with
previous disclosures, however for comparative purposes, segment
results which follow have been adjusted for the adoption of FAS No.
142.

(2) Operating profit (loss) or earnings before interest and taxes (EBIT)
reflects the Corporation`s adoption of FAS No. 145 in 2002, which
rescinded FAS No. 4, "Reporting Gains and Losses from Extinguishment
of Debt." As a result the third quarter 2001 loss on early repayment
of debt, which was previously reported, net of taxes, as an
extraordinary item has been reclassified on a pre-tax basis to other
income and expenses.

(3) Due to antidilution, basic shares are utilized as diluted shares.



LOCKHEED MARTIN CORPORATION
Net Sales and Operating Profit (Loss)
Preliminary and Unaudited
(In millions)

QUARTER ENDED YEAR ENDED
DECEMBER 31, DECEMBER 31,

% %
2002 2001 Change 2002 2001 Change
Net sales
Systems Integration $3,017 $2,732 10% $9,603 $9,014 7%
Space Systems 1,888 1,813 4% 7,384 6,836 8%
Aeronautics 1,922 1,993 (4%) 6,471 5,355 21%
Technology Services 947 791 20% 3,104 2,763 12%
Operating Segments 7,774 7,329 6% 26,562 23,968 11%

Other 6 5 16 22

Total net sales $7,780 $7,334 $26,578 $23,990

Operating profit
Systems Integration $290 $277 5% $952 $906 5%
Space Systems 108 88 23% 443 360 23%
Aeronautics 139 104 34% 448 329 36%
Technology Services 55 25 120% 177 114 55%
Segment operating
profit 592 494 20% 2,020 1,709 18%

Unallocated corporate
expense, net (1) (1,010) (468) (862) (602)
Goodwill amortization - (69) - (274)
Reconciling Items
Subtotal (1,010) (537) (862) (876)

Total operating (loss)
profit $(418) $(43) $1,158 $833

Segment Operating Margins
Systems Integration 9.6% 10.1% 9.9% 10.1%
Space Systems 5.7% 4.9% 6.0% 5.3%
Aeronautics 7.2% 5.2% 6.9% 6.1%
Technology Services 5.8% 3.2% 5.7% 4.1%

Total Operating Segments 7.6% 6.7% 7.6% 7.1%

(1) Unallocated corporate income (expense), net includes earnings and
losses from our equity investments (mainly telecommunications),
interest income, corporate costs not allocated to the operating
segments, the FAS/CAS income adjustment, costs for stock-based award
programs, unusual items not considered part of segment operating
performance, and other miscellaneous corporate activities.



LOCKHEED MARTIN CORPORATION
Selected Financial Data
Preliminary and Unaudited
(In millions)

QUARTER ENDED YEAR ENDED
DECEMBER 31, DECEMBER 31,

2002 2001 2002 2001

Summary of unallocated corporate
expense, net
Unusual items $(1,112) $(563) $(1,112) $(973)
FAS/CAS income adjustment 74 108 243 360
Other 28 (13) 7 11
Unallocated corporate expense,
net $(1,010) $(468) $(862) $(602)

FAS/CAS income adjustment
FAS No. 87 income $48 $106 $156 $354
CAS funding and (expense) (26) (2) (87) (6)
FAS/CAS income adjustment $74 $108 $243 $360

Depreciation and amortization of
property, plant and equipment
Systems Integration $46 $41 $159 $149
Space Systems 46 44 136 147
Aeronautics 14 23 74 84
Technology Services 11 8 36 22
Operating Segments 117 116 405 402

Unallocated corporate expense, net 7 6 28 23

Total depreciation and
amortization $124 $122 $433 $425

Amortization of contract intangibles
Systems Integration $12 $13 $49 $50
Space Systems 4 4 19 18
Aeronautics 13 14 50 51
Technology Services 2 1 7 5
Operating Segments 31 32 125 124

Unallocated corporate expense, net - 7 - 30

Total amortization of
contract intangibles $31 $39 $125 $154



LOCKHEED MARTIN CORPORATION
Unusual Items, Goodwill Amortization and Adjusted Tax Rate
Preliminary and Unaudited
(In millions, except per share amounts)

Earnings
Operating Net (loss)
profit earnings per diluted
(loss) (loss) Share
Unusual Items
Quarter ended December 31, 2002
Loss on telecommunications
equity investments $(776) $(504) $(1.12)
Advance to a Russian manufacturer (173) (112) (0.25)
Loss on Space Imaging investment
and guarantee (163) (106) (0.24)
Total $(1,112) $(722) $(1.61)

Quarter ended December 31, 2001
Write-off of investment in
Astrolink and related costs $(387) $(267) $(0.62)
Loss from exiting Global
Telecommunications services
business (176) (117) (0.27)
Total $(563) $(384) $(0.89)

Year ended December 31, 2002
Loss on telecommunications
equity investments $(776) $(504) $(1.12)
Advance to a Russian manufacturer (173) (112) (0.25)
Loss on Space Imaging investment
and guarantee (163) (106) (0.23)
Effect of R&D tax credit - 90 0.20
Total $(1,112) $(632) $(1.40)

Year ended December 31, 2001
Write-off of investment in
Astrolink and related costs $(387) $(267) $(0.62)
Write-down of investment in
Loral Space (361) (235) (0.54)
Loss from exiting Global
Telecommunications services
business (176) (117) (0.27)
Gain on sale of surplus real estate 111 72 0.17
Impairment charge related to
Americom Asia-Pacific (100) (65) (0.15)
Loss on early repayment of debt (55) (36) (0.08)
Other portfolio shaping activities (5) (3) (0.01)
Total $(973) $(651) $(1.50)

Goodwill Amortization
Quarter ended December 31, 2001 $(69) $(53) $(0.12)
Year ended December 31, 2001 $(274) $(236) $(0.55)



QUARTER ENDED YEAR ENDED
DECEMBER 31, DECEMBER 31,

2002 2001 2002 2001
Adjusted Tax Rate
Excluding unusual items
and Goodwill Amortization 31% 34% 31% 33%



LOCKHEED MARTIN CORPORATION
Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA)
Preliminary and Unaudited
(In millions)

QUARTER ENDED YEAR ENDED
DECEMBER 31, DECEMBER 31,

2002 2001 2002 2001
Consolidated EBITDA

EBIT(1) $694 $589 $2,270 $2,080
Amortization of Contract Intangibles 31 39 125 154
Depreciation and Amortization 124 122 433 425
EBITDA(2) $849 $750 $2,828 $2,659



QUARTER ENDED YEAR ENDED
DECEMBER 31, DECEMBER 31,

2002 2001 2002 2001
Operating Segments EBITDA

Operating Segments EBIT $592 $494 $2,020 $1,709
Amortization of Contract Intangibles 31 32 125 124
Depreciation and Amortization 117 116 405 402
EBITDA(2) $740 $642 $2,550 $2,235

(1) Excludes unusual items and adjusts for the adoption of FAS No. 142.
Adjusted results exclude goodwill amortization expense and include the
effect of extending the remaining useful life of Aeronautics` contract
intangible related to the F-16 program.

(2) EBITDA is calculated by adding amortization of contract intangibles
and depreciation and amortization to EBIT (earnings before interest
and taxes).



LOCKHEED MARTIN CORPORATION
Other Financial Information
Preliminary and Unaudited
(In millions, except percentages)

DECEMBER 31, DECEMBER 31,
2002 2001
Backlog
Systems Integration $17,671 $17,027
Space Systems 12,620 12,977
Aeronautics 35,477 36,149
Technology Services 4,617 5,116
Total $70,385 $71,269

Long-Term Debt
Current maturities(1) $915 $89
Long-Term 6,667 7,422
Total $7,582 $7,511

Cash and Cash Equivalents $2,738 $912

Stockholders` Equity $5,831 $6,443

Total Debt-to-Capital 56.5% 53.8%

Total Debt-to-Capital (net of
invested cash) (2) 45.4% 50.6%

(1) Includes $150 million for our guarantee of our share of Space Imaging,
LLC credit facility, due in the first quarter of 2003.

(2) Net debt to total capitalization, a commonly used alternative measure
of leverage, deducts the Corporation`s cash balance from total debt
and total capitalization.



LOCKHEED MARTIN CORPORATION
Consolidated Condensed Balance Sheet
Preliminary and Unaudited
(In millions)

DECEMBER 31, DECEMBER 31,
2002 2001
Assets
Cash and cash equivalents $2,738 $912
Accounts receivable 3,655 4,049
Inventories 2,250 3,140
Assets of businesses held for sale 210 638
Other current assets 1,773 2,039

Total current assets 10,626 10,778

Property, plant and equipment, net 3,258 2,991
Investments in equity securities 1,009 1,884
Goodwill 7,380 7,371
Intangible assets, related to
contracts and programs acquired 814 939
Prepaid pension - 2,081
Noncurrent deferred taxes 578 -
Other noncurrent assets 2,124 1,610

Total assets $25,789 $27,654

Liabilities and Stockholders` Equity
Accounts payable $1,102 $1,419
Customer advances and amounts in
excess of costs incurred 4,542 5,002
Other accrued expenses 2,690 2,792
Liabilities of businesses held
for sale 122 387
Current maturities of long-term debt 915 89

Total current liabilities 9,371 9,689

Long-term debt 6,667 7,422
Pension liability 727 -
Noncurrent deferred taxes - 992
Post-retirement and other
noncurrent liabilities 3,193 3,108
Stockholders` equity 5,831 6,443

Total liabilities and
stockholders` equity $25,789 $27,654



LOCKHEED MARTIN CORPORATION
Consolidated Condensed Statement of Cash Flows
Preliminary and Unaudited
(In millions)

YEAR ENDED DECEMBER 31,

2002 2001

Operating Activities
Earnings from continuing operations $533 $43
Adjustments to reconcile earnings
from continuing operations to net cash
provided by operating activities:
(Loss) from discontinued operations (33) (1,089)
Depreciation and amortization of
property, plant and equipment 433 425
Amortization of contract
intangibles and goodwill 125 398
Charges related to telecommunication
equity investments, Space Imaging and
advances to a Russian manufacturer 1,127
Net charges related to discontinued
operations, write-off of
Astrolink and other charges 1,511
Write-down of other investments 476
Changes in operating assets and
liabilities:
Receivables 394 (34)
Inventories 585 651
Accounts payable (317) 192
Customer advances and amounts in
excess of costs incurred (460) 318
Other (99) (1,066)

Net cash provided by
operating activities 2,288 1,825

Investing Activities
Expenditures for property,
plant and equipment (662) (619)
Acquisitions / investments in
affiliated companies (104) (192)
Proceeds from divestitures of
affiliated companies 134 825
Other 93 125

Net cash (used for) provided by
investing activities (539) 139

Financing Activities
Net decrease in short-term borrowings - (12)
Net repayments of long-term debt (110) (2,566)
Issuances of common stock 436 213
Repurchases of common stock (50) -
Common stock dividends (199) (192)

Net cash provided by (used for)
financing activities 77 (2,557)

Net increase (decrease) in cash and
cash equivalents 1,826 (593)
Cash and cash equivalents at
beginning of period 912 1,505

Cash and cash equivalents at
end of period $2,738 $912



LOCKHEED MARTIN CORPORATION
Reconciliation of Free Cash Flow (1)
Preliminary and Unaudited
(In millions)

YEAR ENDED DECEMBER 31,

2002 2001

Net cash provided by operating
activities - GAAP $2,288 $1,825

Expenditures for property, plant
and equipment (662) (619)

Proceeds from disposals of
property, plant and equipment 94 140

Income taxes paid on divested
businesses 10 655

Free Cash Flow (1) $1,730 $2,001

(1) Free cash flow is defined as cash provided by operating activities
less capital expenditures and excludes any proceeds from, or income
tax payments on, divestitures.



LOCKHEED MARTIN CORPORATION
Consolidated Condensed Statement of Stockholders` Equity
Preliminary and Unaudited
(In millions)

Accumulated
Additional Unearned Other Total
Common Paid-In Retained ESOP Comprehensive Stockholders`
Stock Capital Earnings Shares Income Equity

Balance at
January 1,
2002 $441 $2,142 $3,961 $(84) $(17) $6,443

Net earnings 500 500

Common stock
dividends
declared
($0.44 per
share) (199) (199)

Repurchases
of common
stock (1) (49) (50)

Stock awards
and options,
and ESOP
activity 15 703 34 752

Other
comprehensive
income (loss):
Minimum pension
liability (1,570) (1,570)
Other (45) (45)

Balance at
December 31,
2002 $455 $2,796 $4,262 $(50) $(1,632) $5,831




--------------------------------------------------------------------------------

[junkstro]

Lockheed, Raytheon report losses

Bad bets offset rise in defence spending



Saturday, January 25, 2003



NEW YORK -- The United States may be spending more on the military, but defence contractors Raytheon Co. and Lockheed Martin Corp. reported losses yesterday after making bad bets on businesses such as telecommunications and power.

Both companies saw their fourth-quarter profits wiped out by special charges at a time when the U.S. fight against terrorism after the Sept. 11 attacks, and preparations for a possible war on Iraq, have lifted spending on national defence.

Lockheed reported a loss of $347-million (U.S.), while Raytheon posted a loss of $15-million.

Lockheed, which is based in Bethesda, Md., and makes the F-22 Joint Strike Fighter, also warned that rising pension costs would hurt future earnings, and cut its 2003 profit forecast.

Raytheon, meanwhile, has troubles of its own, most notably a probe by the U.S. Securities and Exchange Commission into the accounting practices at its struggling aircraft unit.

What`s more, Raytheon`s non-government business, including its discontinued power plant construction operation, has kept it from growing the way its rivals have as the U.S. military budget has risen.

Raytheon unveiled plans yesterday to cut 600 jobs at its aircraft unit. Last year it shed 4,700 jobs in an attempt to cut costs.

But Raytheon, the Lexington, Mass.-based maker of Tomahawk and Patriot missiles, raised its profit forecast for 2003, saying earnings from continuing operations would be $1.70 to $1.80 a share on sales growth of 6 per cent to 7 per cent. It previously forecast earnings of $1.60 to $1.70 a share.

Raytheon`s fourth-quarter loss included non-recurring items such as a $175-million writeoff of its investment in a satellite venture that produces images of outer space and the Earth. It also included a $197-million pretax charge for cost overruns at its power plant construction sites.

Excluding special items, earnings more than doubled from a year earlier on strong sales of electronic components, but the operating earnings of $155-million or 38 cents a share fell far short of Wall Street expectations.

Lockheed said its loss was the result of $722-million in charges from items such as the impairment of telecommunications investments and a payment to a Russian manufacturer for commercial satellite launches. Lockheed also took a $106-million charge from the same satellite venture as Raytheon.

Lockheed`s earnings before one-time items were slightly higher than most analysts had expected, up 28 per cent from a year earlier to $380-million, or 85 cents a share.

Lockheed`s stock closed yesterday at $50.90, down $1.38; Raytheon was up $1.61 at $30.16.

[junkstro]

BUSINESS NEWS January 26, 2003



TEXT-S&P comments on Lockheed Martin
2003-01-24 15:55:16 EST

(The following statement was released by the ratings agency)

NEW YORK, Jan 24 - Lockheed Martin Corp. (BBB/Stable/A-2) reported net income from continuing operations (excluding unusual items) of $380 million for the fourth quarter ended Dec. 31, 2002, compared with $291 million for the same quarter of 2001. Standard & Poor`s Ratings Services said those results have no impact on its ratings or outlook on Lockheed Martin. For full-year 2002, all segments made contributions to higher sales and operating profits. The firm also generated stronger-than-anticipated free cash flow of $1.7 billion in 2002, with at least $800 million expected in 2003. However, debt leverage increased somewhat as stockholders` equity was reduced by a $1.6 billion pension liability charge and several unusual charges totaling about $720 million after tax. Still, debt to capital, adjusted for sizable excess cash balances and moderate operating leases, is appropriate at about 50%, given the company`s very strong business profile. Favorable environment for defense spending and Lockheed Martin`s position as one of the largest defense contractors should support prospects for improving sales, earnings, and operating margins in the intermediate term.

[Gatsby2]

Junkstro,

die Bemerkung von S&P hat schon was für sich, auch wenn ich immer mißtrauisch werde, wenn Analysten damit anfangen, Branchen zu hypen.

Ich mag mich verrechnet haben, aber bei Zugrundelegung eines für die Branche recht hohen KGV von 20 ergäbe sich für LMT derzeit ein Preis von ~$43

Was das von S&P erwähnte rüstungsfreundliche Umfeld betrifft, so würde ich zumindestens bedenken, daß bei aktiven militärischen Auseinandersetzungen die logistischen Kosten exponentiell steigen, so daß die entsprechenden Mittel für die Beschaffung nicht mehr zur Verfügung stehen.

Schon beim Artilleriesystem Crusader hat Rumsfeld bewiesen, daß er imstande ist, auch weit vorangeschrittene Projekte kurzerhand umzuknicken. Ein ähnliches Schicksal dürfte Boeing`s Osprey drohen, und ich würde nicht ausschließen, daß es irgendwann auch mal ein Projekt von Lockheed (z.B. die Stückzahlen bei der F-36) trifft.

Gruß

Gatsby

[Gatsby2]

Klare Ansage, oder:

Press Release Source: Standard & Poor`s


S&P Equity Analyst Reiterates `Sell` Opinion on Lockheed Martin
Monday January 27, 2:28 pm ET


NEW YORK, Jan. 27 /PRNewswire/ -- Standard & Poor`s has reiterated its one-STARS "Sell" opinion on Lockheed Martin (Nasdaq: LMT - News) at $51 per share. A leading provider of independent research, indices and ratings, Standard & Poor`s made this announcement through Standard & Poor`s MarketScope, its real-time intelligence service:
"Although the world`s largest defense contractor posted a 43% rise in `02 economic EPS, to $1.96, we don`t believe this level of EPS growth is sustainable for the near term," says Robert Friedman, CPA, Aerospace & Defense Equity Analyst, Standard & Poor`s. "LMT and the defense industry have a long history of erratic EPS and free cash generation, and LMT already expects free cash earnings to fall 53% and 42%, from 2002 levels, in 2003 and 2004, respectively. In addition, LMT posted a tepid 2002 return on equity of 8.7% and a 9.5% decline in 2002 book value, implying ongoing capital allocation issues. We appraise LMT as worth about $30 a share," Friedman concludes.

Standard & Poor`s Stock Appreciation Ranking System (STARS) which was first introduced on December 31, 1986, reflects the opinions of Standard & Poor`s equity analysts on the price appreciation potential of more than 1,230 U.S. stocks for the next 6-12 month period. Rankings range from 5-STARS (strong buy) to 1-STARS (sell).

A model portfolio comprised of Standard & Poor`s equity STARS recommendations was recently recognized by investars.com as outperforming those of other equity research firms who analyze more than 500 stocks, over the 12-month period ending December 31, 2002.(1)

Standard & Poor`s analytic services are performed as entirely separate activities in order to preserve the independence of each analytic process. In this regard, STARS, which are published by Standard & Poor`s Equity Research Department, operates independently from, and has no access to information obtained by Standard & Poor`s Ratings Services, which may in the course of its operations obtain access to confidential information.

Standard & Poor`s has the largest U.S. equity coverage count among equity research firms that are not affiliated with a Wall Street investment bank, analyzing more than 1,230 U.S. stocks. Standard & Poor`s, a division of The McGraw-Hill Companies (NYSE: MHP - News), is a leader in providing widely recognized financial data, analytical research and investment and credit opinions to the global capital markets. With 5,000 employees located in 19 countries, Standard & Poor`s is an integral part of the world`s financial architecture. Additional information is available at http://www.standardandpoors.com.

(1) Investars.com has created a performance measurement tool called ROSS
(Rate of Success System). The system quantifies the recommendations
of Equity Research Firms by hypothetically purchasing shares the
recommended stock at the time of the recommendation. In short, the
system calculate returns as if the Firm had actually purchased or
sold shares at the time of the recommendation. For example, if the
Firm`s initial recommendation for the period is a buy on Cisco
Systems (CSCO) then the system purchases 300,000 shares in CSCO as
the price at the time of the recommendation. The price used is the
opening price on the day of recommendation. If the Equity Research
Firm upgrades Cisco at a later date from a "buy" to a "strong buy"
then the system increases the number of shares by 50% at the time of
the upgrade. Similarly, if Equity Research Firm downgrades a stock
then the system decrease the number of shares by 33.3%. If a Firm
issues a bearish rating on the stock (underperform, sell or strong
sell) the system goes short the stock in the hypothetical portfolio.
A short position is calculated as the inverse of a long position to
reflect an analyst`s markets timing.




--------------------------------------------------------------------------------
Source: Standard & Poor`s

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[Gatsby2]

Press Release Source: Lockheed Martin


Lockheed Martin Earns High Rankings in Information Technology Services From Leading Industry Analyst
Tuesday January 28, 11:35 am ET


BETHESDA, Md., Jan. 28 /PRNewswire/ -- Three recent reports issued by information technology industry analyst Gartner have rated Lockheed Martin Corporation (NYSE: LMT - News) among the top IT providers both worldwide and in the U.S.

The most recent report, published Dec. 9, 2002, lists the giant technology company as the number one IT development and integration firm in the U.S. based on revenues driven by consulting and systems integration. The Gartner study, "Americas: 2001 Consulting and System Integration Vendor Market Share Results" shows Lockheed Martin in the top position with 2001 development and integration revenues of over $3.9 billion.

In Gartner`s Nov. 19, 2002 report, "2002 Software Support and Maintenance 50," Lockheed Martin`s software support and maintenance business also occupied the number one slot domestically with revenues of over $1.1 billion.

In a third report, released Nov. 6, 2002, Lockheed Martin ranked number seven worldwide among 200 information technology services providers evaluated by Gartner. The study, "2001 IT Services 200," ranked each vendor by worldwide IT services revenue. Lockheed Martin`s IT services revenue surpassed $6.8 billion in 2001.

"We are pleased that our depth and breadth of capabilities in information technology are starting to gain wider recognition," said Robert J. Stevens, president and chief operating officer for Lockheed Martin. "These reports underscore the large amount of IT work that we perform, and the importance of our IT related businesses to the corporation. Our extraordinary record of success in the IT arena has been made possible because of the degree of satisfaction our customers have experienced in the solutions we have provided -- as well as the confidence they place in our performance."

IT value chain, from basic infrastructure support all the way to the architectural design, integration and implementation of complex mission critical applications and network centric systems. The corporation`s 30,000- plus IT professionals support more than 2,000 government and commercial field locations in the United States and abroad. The scope of work ranges from developing and maintaining software for the system that provides social security checks to 45 million Americans, to developing leading edge biometric solutions that lead to faster identification and apprehension of criminals for the FBI, to conceiving, developing and integrating systems which improve command and control, the business process at the heart of our nation`s defense activities.

Gartner, Inc., is a research and advisory firm that helps clients understand technology and drive business growth. The reports are the result of Gartner Dataquest estimates, vendor company inputs, and extensive vendor interviews conducted by Gartner in mid-2002. The majority of large service providers that have significant influence on the IT industry are included in the interviews.

Headquartered in Bethesda, Md., Lockheed Martin is a global enterprise principally engaged in the research, design, development, manufacture and integration of advanced-technology systems, products and services. The Corporation`s core businesses are systems integration, space, aeronautics, and technology services. Employing approximately 125,000 people worldwide, Lockheed Martin had 2002 sales of $26.6 billion.




--------------------------------------------------------------------------------
Source: Lockheed Martin

[Gatsby2]

Reuters
Lockeed wins $595 mln Trident-2 missile deal
Tuesday January 28, 5:29 pm ET


WASHINGTON, Jan 28 (Reuters) - Top U.S. defense contractor Lockheed Martin Corp. (NYSE:LMT - News) won a $595 million contract to build submarine-launched Trident-2 (D5) ballistic missile systems, the U.S. Navy said on Tuesday.

The Navy said the contract was a modification of an earlier one, and would cover missile production as well as support for missiles already deployed aboard U.S. submarines.

Work on the contract was due to be completed by September 2007, and funds totaling $207 million would expire by the end of fiscal year 2003, which ends on Sept. 30.

Lockheed, based in Bethesda, Maryland, has worked closely with the U.S. Navy Strategic Systems Programs for more than a decade to develop and test the Trident II or D5 missile.

The Trident-2 missile was first deployed in 1990, and is planned to be used aboard the Ohio-class, or Trident submarines, until 2020. Each Trident submarine carries 24 of the three-stage, intercontinental ballistic missiles.

Last August, Lockheed agreed to pay the U.S. government $2.1 million to settle allegations of false claims involving former Trident missile contracts. The Justice Department had charged that Lockheed improperly charged the Navy for services and materials from 1988 through 1996.

[Gatsby2]

Hmmm ... der Verkauf von Jets in Osteuropa scheint doch schwieriger zu sein, als anfänglich schien. Aus der vermurksten Ausschreibung in Tschechien hat sich Lockheed schon gänzlich zurückgezogen, und auch der schon sicher scheinende Deal mit Polen wird von neuen Diskussionen über Offsets erneut gefährdet:

Reuters
Poland fires warning shot in Lockheed jet talks
Wednesday January 29, 9:13 am ET


WARSAW, Jan 29 (Reuters) - Poland will walk away from a $3.5 billion fighter jet contract with Lockheed Martin (NYSE:LMT - News) if Lockheed`s investment offer is unsatisfactory, an official said on Tuesday, though he said this option was unlikely.

Science Minister Michal Kleiber, who is negotiating the "offset" package under which Lockheed is to invest $6 billion in exchange for the sale of 48 F-16 jets, said Poland was not happy with the initial offer and would push for a better deal.

"If we can`t agree on an offset contract, the Polish air force won`t be flying F-16s," Kleiber told a news conference, though he declined to estimate the chances that the deal would fall apart, and said Lockheed was showing good will.

The new planes, eastern Europe`s largest-ever defence order, are key to NATO member Poland`s drive to modernise its forces, and the government is counting on the offset package to kick-start industry and help cut its 18 percent jobless rate.

Lockheed`s representative in Poland was sanguine about the negotiations, due to be completed by the end of May, in which Poland is pushing for technology transfer and a greater role for its researchers.

"We`ve just begun, and we`re going to work through to a successful conclusion...we know we`ve got a lot of work in front of us, but we`ve got the right teams and we`re ready to go," said Poland F-16 Campaign Director George Standridge.

Kleiber said that if the offset talks failed Poland would start talks to buy the second-placed aircraft in last year`s tender contest, the Anglo-Swedish Jas-39 Gripen from BAE Systems (London:BAE.L - News) and Saab (Stockholm:SAABb.ST - News).

[Gatsby2]

Press Release Source: Lockheed Martin Space Systems Company


Air Force Successfully Launches Lockheed Martin-Built Global Positioning System Satellite
Wednesday January 29, 3:22 pm ET


CAPE CANAVERAL AIR FORCE STATION, Fla., Jan. 29 /PRNewswire/ -- A Global Positioning System (GPS) satellite built by Lockheed Martin for the U.S. Air Force, was successfully launched today from Cape Canaveral. This was the seventh successful launch of the new-generation spacecraft, designated GPS IIR. The company has delivered 13 more of these satellites to the U.S. Air Force Space and Missile Systems Center, Los Angeles Air Force Base, Calif. to sustain the GPS constellation.

The satellite launched today, designated GPS IIR-8, will join 26 other operational GPS satellites now on orbit. This satellite will improve global coverage and increase the overall performance of the GPS constellation.

"We are proud of our partnership with the Air Force in carrying out the important mission of the GPS system," said Rick Skinner, vice president of Lockheed Martin Navigation Systems. "We look forward to providing the warfighter as well as commercial and private users world-wide with highly accurate positioning location in a constellation where accuracy is a key performance parameter."

The Global Positioning System allows any properly equipped user to determine precise time and velocity and worldwide latitude, longitude and altitude to within a few meters. Although originally designed as a guidance and navigational tool for the military, GPS has proven beneficial in the commercial and civil markets for transportation, surveying and rescue operations.

The GPS IIR satellites are compatible with the current system and provide improved navigation accuracy, achieved by using an ITT Industries payload system. Additionally, increased autonomy and longer spacecraft life are inherent in the Lockheed Martin satellite design.

To bring new capabilities to the GPS constellation, Lockheed Martin is under contract to modernize up to eight existing GPS IIR spacecraft already built and in storage. These spacecraft, designated GPS IIR-M, will incorporate two new military signals and a second civil signal, thus providing military and civilian users of the navigation system with improved capabilities much sooner than previously envisioned.

GPS modernization is being performed at the Space Systems - Valley Forge, Pa. and ITT Industries, Clifton, N.J. facilities. First launch of a GPSIIR-M satellite will be available by July 2004. The U.S. Air Force Space and Missile Systems Center, El Segundo, Calif., is the contracting agency.

Lockheed Martin Space Systems Company, headquartered in Denver, Colo., is one of the major operating units of Lockheed Martin Corporation. Space Systems designs, develops, tests, manufactures and operates a variety of advanced technology systems for military, civil and commercial customers. Chief products include space launch and ground systems, remote sensing and communications satellites for commercial and government customers, advanced space observatories and interplanetary spacecraft, fleet ballistic missiles and missile defense systems.

Headquartered in Bethesda, Md., Lockheed Martin is a global enterprise principally engaged in the research, design, development, manufacture and integration of advanced-technology systems, products and services. The Corporation`s core businesses are systems integration, space, aeronautics, and technology services. Employing about 124,000 people worldwide, Lockheed Martin had 2001 sales of $24 billion.

CONTACT: Steve Tatum of Lockheed Martin Space Systems Company, [phone], or pager, [phone], or [e-mail]




--------------------------------------------------------------------------------
Source: Lockheed Martin Space Systems Company

=======================

Press Release Source: Lockheed Martin Aeronautics Company


Lockheed Martin Alenia Tactical Transport Systems (LMATTS) and Hellenic Ministry of Defense Sign Contract for C-27J Spartan Aircraft
Wednesday January 29, 11:31 am ET


MARIETTA, Ga., Jan. 29 /PRNewswire-FirstCall/ -- Lockheed Martin Alenia Tactical Transport Systems (LMATTS) today signed a contract with the government of Greece for the acquisition of 12 C-27J Spartan medium transport aircraft plus an option for three additional aircraft. The contract to LMATTS joint venture has a value of $272.72 million, excluding the three aircraft option. LMATTS is a joint venture company formed by Alenia and Lockheed Martin.

"The acquisition of these 12 C-27J medium transport aircraft will provide the Hellenic Armed Forces with an outstanding airlift capability for their peace keeping and tactical missions in the region, and will provide meaningful aerospace workload to the domestic Hellenic Aerospace Industry," said Dr. Spyros Travlos, Secretary General for Financial Planning & Defense Investments of the Hellenic Ministry of Defense.

The C-27J Spartan, jointly developed by Lockheed Martin Aeronautics Co. and Alenia Aeronautica, is based on the proven twin-engine C-27A / G.222 airlifter. It has the same external dimensions as the C-27A / G.222, but with substantially improved performance and a digital 1553B-based integrated avionics suite. The C-27J incorporates the same propulsion system and advanced technology as that used on the C-130J Hercules, which includes Allison AE2100 engines with six-blade Dowty composite propellers, advanced Honeywell avionics and new cockpit displays.

The C-27J Spartan first flew on Sept. 24, 1999, at Alenia Aeronautica`s flight test center in Turin, Italy. The C-27J was civil type certified to JAR Part 25 requirements in June 2001 and received military type certification by Italy`s Ministry of Defense in December 2001.

"The contract negotiations for the C-27J Spartan by the Government of Greece followed a very rigorous and thorough competitive process," said Dennys Plessas, Vice President for Business Development Initiatives for Lockheed Martin Aeronautics/International. "The C-27J was selected on the basis of its overall value, operational capability and offset benefits to Hellenic Industry."

Lockheed Martin Aeronautics Co., headquartered in Fort Worth, Texas, is a leader in the design, development, systems integration, production, and support of advanced military aircraft and related technologies. Its customers include the military services of the United States and allied countries throughout the world. Products include the F-16, F/A-22, F-35 JSF, F-117, C-5, C-27J, C-130, C-130J, P-3, S-3, and U-2.

Lockheed Martin Aeronautics Co. is a unit of Lockheed Martin Corp. (NYSE: LMT - News), headquartered in Bethesda, Md. Lockheed Martin is a global enterprise principally engaged in the research, design, development, manufacture and integration of advanced technology systems, products and services. Employing about 125,000 people worldwide, Lockheed Martin had 2002 sales of $26.6 billion.

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

For information on Lockheed Martin Aeronautics Company, visit: http://www.lmaeronautics.com




--------------------------------------------------------------------------------
Source: Lockheed Martin Aeronautics Company

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[junkstro]

Jan. 30, 2003. 01:00 AM

Lockheed looking for partners to share in F-35 fighter project
`Great` timing for Canadian firms Up to $8 billion in new business


SUSAN PIGG
BUSINESS REPORTER

Canada already is reaping considerable benefits from the $200 billion (U.S.) F-35 Joint Strike Fighter program — the biggest warplane development in history — which is not only keeping the country`s aerospace industry buzzing in bad times but could generate $8 billion in new business, along with more than 60,000 jobs, in the next decade.

"The Canadians are doing very well in the program right now,`` said Tom Burbage, manager of the Joint Strike Fighter program and vice-president of Lockheed Martin Corp.

``One of the real benefits is the partnership they have between the government and industry," he said.

"They`ve really worked that hard and the government is a very active partner in helping Canada`s aerospace industries be very competitive."

Lockheed Martin is the prime contractor for the project.

Burbage is in Toronto and Ottawa this week, visiting a few of the 18 Canadian companies that already have been awarded more than $50 million (Canadian) in work on the JSF jet. And tomorrow he`ll be looking at what other expertise can be tapped north of the border during a meeting with officials from about 100 Canadian companies hoping to win a role — no matter how small — in the development of the state-of-the-art fighter.

"When JSF first came on the radar screen, there was a little bit of a wait-and-see attitude," said Ron Kane, vice-president of policy and research for the Aerospace Industries Association of Canada, the umbrella group for some 400 companies. "But when we started to do some of the analysis of what it could potentially mean for the Canadian aerospace industry, that created some greater interest.

"Now things are starting to ramp up and we`re seeing more work flowing to Canadian companies. I think the program has really heightened the awareness of the capabilities that do exist in the Canadian aerospace supplier base. And the timing is great."

Canada is providing best-value work in a number of fields, from bearings and landing gear to electronics and structural testing, Burbage said, citing the high efficiency of companies here and, to a lesser degree, the value of the Canadian dollar as factors. The work is a godsend for companies in Canada`s $23.2 billion a year aerospace industry, many of which have shifted from dwindling military contracts to civil aviation work over the last decade and now find themselves in the midst of the biggest downturn in history with no recovery in sight, Kane said.

The Canadian government has made a $150 million contribution to the first truly global defence project, which will produce the stealthy, supersonic F-35 in three versions for the U.S. Navy, Air Force and Marine Corps, as well as for the United Kingdom`s Royal Air Force and Royal Navy. Six other countries also are participating in the global effort to produce allied fighters that will cost between $40 million and $50 million (U.S.) each, about half the cost of conventional fighters, and be cheaper to operate.

"The world situation is going to change the way neighbours operate and going to reinforce operating the same kinds of airplanes because you can take advantage of seamless operations. You can fight shoulder-to-shoulder. Today you can`t do that," said Burbage, a former U.S. Navy test pilot.

A projected 3,000 F-35s will be produced to replace aircraft in the United States and United Kingdom. Other countries, such as Canada, could buy a further 2,000 to 3,000, to replace aircraft that will be an average of about 25 to 30 years old by the time the new planes are airborne, likely in 2008.



http://www.thestar.com/NASApp/cs/ContentServer?GXHC_gx_sessi…

[Gatsby2]

Press Release Source: Raytheon Company


New Zealand Selects Raytheon-Lockheed Martin Javelin Anti-tank Weapon System
Thursday January 30, 10:10 am ET


TUCSON, Ariz., Jan. 30 /PRNewswire/ -- The New Zealand Army has selected the Raytheon-Lockheed Martin Javelin anti-tank weapon system to meet its medium range anti-armor weapon capability.
The number of Command Launch Units (CLU), missile quantities, along with associated support equipment, spares and training, are yet to be determined.

"Javelin`s low life cycle and support cost, coupled with its unmatched lethality and operator survivability provides the New Zealand armed forces with the best anti-armor weapon system in the world," said Col. John Weinzettle, U.S. Army Close Combat Missile Systems (CCMS) project manager. "It also ensures equipment standardization with U.S. Army, Marine Corps and Special Operations Forces deployed throughout the world."

"Javelin is not only the world`s most lethal medium range anti-armor system, but the weapon is ideally suited for engaging bunkers, buildings and field fortifications," said Mike Crisp, president, Javelin Joint Venture. "With its sophisticated missile seeker and tracker, the lightweight, one man- transportable Javelin anti-armor weapon system has consistently demonstrated a greater than 90 percent first-time gunner success rate.

"Javelin, with its stand-alone surveillance capability, is ideally suited for U.N. Peace Keeping and Peace Enforcement operations," said Howard Weaver, Javelin Joint Venture vice president. "Additionally, Javelin has tremendous growth potential with the missile`s modular construction, CLU software enhancements and its adaptability to a wide range of platforms."

New Zealand intends to introduce the Javelin anti-armor weapon system into service in 2004, to coincide with the introduction of the Light Armored Vehicle.

The Javelin medium-range, anti-tank missile system is the world`s first one man-transportable and employable fire-and-forget anti-armor missile system. Javelin is approved for international sales through the U.S. Army`s Foreign Military Sales system and is available to meet national requirements for next-generation anti-armor weapon systems.

Raytheon Company, which leads the Joint Venture, provides system engineering management and support for the Javelin Joint Venture and produces the CLU, missile guidance electronic unit and system software. Work is performed primarily at Raytheon Missile Systems in Tucson, Ariz., and at other Raytheon facilities in Texas, Massachusetts and California.

Lockheed Martin provides missile engineering and production support for the Javelin Joint Venture in Orlando, Fla., produces the missile seeker in Ocala, Fla., and performs missile all-up-round assembly in Troy, Ala.

Raytheon Company (NYSE: RTN - News), with 2002 sales of $16.8 billion, is an industry leader in defense, government and commercial electronics, space, information technology, technical services, and business and special mission aircraft. With headquarters in Lexington, Mass., Raytheon employs more than 76,000 people worldwide.

Headquartered in Bethesda, Md., Lockheed Martin (NYSE: LMT - News) is a global enterprise principally engaged in research, design, development, manufacture and integration of advanced-technology systems, products and services. The corporation`s core businesses are systems integration, space aeronautics and technology services.

Notes to Editors:
* Javelin has been selected by Lithuania, Jordan, Australia, New Zealand,
Taiwan and the United Kingdom.
* Raytheon Company leads the Javelin Joint Venture (60/40 percent).

Contact:
Raytheon
Sara Hammond
520.794.7810

Lockheed Martin:
Nettie Johnson
407.356.5351




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Source: Raytheon Company

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Press Release Source: Lockheed Martin Space Operations


Lockheed Martin to Support U.S. Naval Oceanographic Office`s Supercomputing Effort
Thursday January 30, 12:33 pm ET


STENNIS SPACE CENTER, Miss., Jan. 30 /PRNewswire-FirstCall/ -- Lockheed Martin Space Operations (LMSO) has been selected by the U.S. General Services Administration, Federal Technology Service (GSA-FTS), to support the Naval Oceanographic Office`s Major Shared Resource Center (MSRC), located at Stennis Space Center, Mississippi. The MSRC operates under the auspices of the U.S. Department of Defense (DoD) High Performance Computing (HPC) Modernization Program and is a premier provider of HPC services and support to a nationwide DoD user community. LMSO`s base contract runs from February 2003 to September 2003, and then will be followed by six one-year options. Total value of the contract could exceed $30 million.
ADVERTISEMENT


The GSA-FTS awarded Lockheed Martin (NYSE: LMT - News) a task order for system administration and user support services for the Naval Oceanographic Office`s supercomputing center using the GSA Millennia Contract. LMSO employees will provide a wide range of services, from helping scientists take full advantage of the center`s supercomputing resources to daily support of systems and software.

The Naval Oceanographic Office acquires and analyzes global oceanic and littoral data to provide specialized products and services for warfighters, and civilian, national and international customers. Its resources include one of the world`s largest supercomputing facilities and the world`s largest oceanographic library.

Lockheed Martin Space Operations, a business unit of Lockheed Martin Technology Services headquartered in Cherry Hill, New Jersey, is a high- technology company with about 3,200 engineers, scientists and support personnel. Services include data collection, processing and exploitation, telemetry, and communication operations support for NASA; software and hardware engineering for the Space Shuttle and International Space Station; mission operations and planning systems design, development, and integration; and human life sciences research.




--------------------------------------------------------------------------------
Source: Lockheed Martin Space Operations

[Gatsby2]

Reuters
Lockheed aiming for Poland F-16 deal next month
Friday January 31, 2:28 pm ET


WASHINGTON, Jan 31 (Reuters) - Lockheed Martin Corp. (NYSE:LMT - News) on Friday said it hoped to conclude negotiations with Poland on $6 billion worth of investments linked to the sale of 48 F-16 fighter jets by the end of February.

"The negotiations are continuing. They are going along smoothly," said Tom Jurkowsky, spokesman for the Bethesda, Maryland-based company, the top U.S. defense contractor.

"To keep the delivery and the pricing schedule, we would like to conclude a letter of agreement by the end of February," he said.

Once Lockheed and Polish officials reach agreement on the offset package, they will be able to finalize the terms of the actual aircraft contract and a financing package later this spring, he added.

Jurkowsky had no specific comment on remarks by Polish Science Minister Michael Kleiber in Warsaw this week, who said his country would walk away from the $3.5 billion F-16 fighter contract -- eastern Europe`s largest defense contract ever -- if Lockheed`s "offset" offer was unsatisfactory.

Kleiber, who is negotiating the "offset" package under which Lockheed is to invest $6 billion in exchange for the sale of 48 F-16s, told reporters Poland was not happy with the company`s initial offer and would push for a better deal.

The new planes are key to NATO member Poland`s drive to modernize its forces, and the government is counting on the offset package to kick-start industry and help cut its 18 percent jobless rate.

Lockheed President Robert Stevens was due to meet Polish Prime Minister Leszek Miller when he visits Washington next week, Jurkowsky said.

Miller is due to meet U.S. President George W. Bush at the White House on Feb. 5, the second visit by a high-ranking Polish official within weeks.

Bush met Polish President Aleksander Kwasniewski to discuss the situation in Iraq, the war on terrorism and Poland`s decision at the end of December to pick the F-16 to update its air force, eastern Europe`s largest military deal ever.

Bush helped pave the way for Poland`s decision by offering Poland $3.8 billion in low-interest loans. U.S. and Polish officials are still in talks to finalize the terms of the loans, which include interest-only repayments from 2003-2010, followed by interest and principal from 2011-2015.

Jurkowsky said the Polish delegation would also meet Lockheed Chairman Vance Coffman and visit the company`s Sunnyvale, California facility next week.

=================

Reuters
Lockheed satellite program passes Pentagon review
Friday January 31, 5:00 pm ET
By Andrea Shalal-Esa


WASHINGTON, Jan 31 (Reuters) - Top Pentagon officials have given a troubled $4 billion U.S. Air Force early warning system that was nearly canceled last year a clean bill of health, saying the project was on track, the Air Force said Friday.

Top Air Force officials briefed Defense Undersecretary Edward Aldridge on Jan. 27 about the Space Based Infrared Systems High (SBRIS High) satellite system, which only narrowly escaped being canceled last year because of cost overruns.

"It seems like things are moving along on the right track," said Maj. Angela Billings, an Air Force spokeswoman.

Bethesda, Maryland-based Lockheed Martin Corp. (NYSE:LMT - News) last September won a $2.15 billion deal to restructure the system, designed to give early warning of ballistic missile launches. The contract boosted total spending on SBRIS High to $4.18 billion to date.

This week`s meeting was aimed at ensuring the restructuring program was working.

SBRIS High is a two-tier remote sensing satellite system that will work with other U.S. defense systems to detect, track and report missiles in their boost, post-boost, midcourse and reentry phases of flight. Work began on SBRIS High in 1996 and the system is due to be completed by 2010.

Lockheed spokesman Tom Jurkowsky said the company and its contracting partner, Northrop Grumman Corp. (NYSE:NOC - News) , had already achieved, or were close to achieving, five different milestones set to measure progress on the overhaul.

He also noted the companies achieved a key test milestone on Dec. 2, when part of the SBRIS High system in Boulder, Colorado successfully transmitted commands to a KQual payload in California, using low and high rate telemetry.

COMPANY PLEASED WITH PROGRESS

The test marked the first time that the SBRIS High ground software communicated with a payload.

"We`re very confident and very pleased with all the progress that we`ve made on this program. That test in December was very important and it says we`re on track," Jurkowsky said.

In preparation for their meeting with Aldridge this week, Air Force Undersecretary Peter Teets, who directs the National Reconnaissance Office, and other officials met with officials of the two companies for a thorough review.

Jurkowsky said that meeting went well and Lockheed did not expect any new program directives from Aldridge, given the favorable response from the Air Force officials at the earlier meeting with company executives.

Aldridge last May certified that SBRIS High was vital to the U.S. military, allowing the program to continue operating despite a law that automatically cancels programs that exceed their costs by more than 15 percent.

Jurkowsky said the agreed reforms were kicking in and SBRIS High was currently under budget and only "slightly" behind a schedule established in April.

Current plans called for Lockheed to ship the high elliptical orbit payload for SBRIS High in mid-March, he said, adding: "The payload`s a bit late, but we have confidence that it will still be available to meet the national need."

The first of four SBRIS High satellites in geosynchronous orbit (GEO) is now scheduled for delivery in 2006, two years later than initially planned.

[junkstro]

lmt wird durch den shuttle-crash unter druck kommen .....

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junkstro,

das glaub ich nicht, es sei denn, jemand sucht einen Vorwand für eine anderweitig begründete Herunterstufung.

Zwar ist Lockheed 50% Partner mit Boeing in der Herstellung und Wartung der Shuttles (LMT baut u.a. den Außentank, der der Challenger zum Verhängnis wurde), nach Lage der Dinge deutet jedoch einstweilen nichts darauf hin, daß sich die gestrige Tragödie aufgrund eines von den Herstellern zu verantwortenden Fehlers ereignet hat.

Langfristig könnte Lockheed sogar profitieren, nämlich dann, wenn sich die NASA entschließt, neue Shuttles zu beschaffen und dazu z.B. die vor etwa 18 Monaten eingestellten Projekte X-33 und X-44 wiederzubeleben.

[Gatsby2]

Nachtrag - Reuters hat natürlich schon einen Artikel zu der Frage, der sich auch ein wenig mit Lockheed Martin befaßt.

Reuters
Shuttle Loss Another Challenge for Boeing
Saturday February 1, 7:50 pm ET
By Kathy Fieweger


CHICAGO (Reuters) - The explosion of the space shuttle Columbia will present yet another challenge for Boeing Co. (NYSE:BA - News), the largest NASA contractor, as it struggles through an unprecedented downturn in commercial aviation that has sharply hurt its profitability.

Chicago-based Boeing builds space shuttles after acquiring the space business of Rockwell International in 1996. It also maintains the orbiter as part of a 50/50 joint venture with fellow defense contractor Lockheed Martin Corp. (NYSE:LMT - News) called United Space Alliance, based in Houston.

Boeing also builds, tests and maintains the shuttle`s main reusable liquid-fueled rocket engines.

With the cause of the explosion unknown, several analysts said it is too early too determine the precise effect the tragedy will have on Boeing and Lockheed -- the world`s two largest defense and space contractors -- and other firms.

If the space shuttle fleet is scrapped in favor of a next-generation orbiter, Boeing and Lockheed could ultimately benefit, even if they lose payments from maintenance and upgrade operations in the short-term, analysts said.

If other smaller contractors with cutting-edge technology were chosen, however, they could lose out completely.

In any case, the watchword across the industry will certainly be one of caution as the investigation proceeds.

"I think you can speculate about many impacts," said Marco Caceres, senior space analyst at Teal Group, an aerospace and defense consulting firm near Washington, D.C.

THE GIANT LAB IN THE SKY

"I think the biggest impact is on the space station," Caceres said, referring to giant orbiting research center project launched in 1984 by President Ronald Reagan.

The space station, which will be as big as two football fields, is currently being assembled in orbit with help from 16 nations. Shuttle missions bring up hardware and supplies, as do launches of Russian Soyuz rockets to the space platform.

Boeing is also the prime contractor on the space station but has been criticized for cost overruns. Any delay in shuttle missions and hence, in supplying the space station, ultimately just costs more, Caceres said. That could result in the United States relying much more heavily upon the Russians to ferry up payloads.

John Rogers, aerospace analyst for investment firm D.A. Davidson & Co. in Portland, Oregon, said the impact will be broadly felt among contractors.

"There`s a lot that`s not known, but it seems to me that there won`t be a lot of spending on space programs at least until we figure out what happened. Anyone involved in supplying space programs will be impacted."

Boeing, which is both the world`s largest commercial airplane manufacturer and the No. 2 U.S. defense contractor, has laid off about 30,000 workers since the Sept. 11, 2001, attacks when hijackers used four of its airliners to attack America.

The company draws in more than $50 billion in annual revenues from the government, airlines and other customers, but that figure has been declining.

On Thursday, Boeing reported a big drop in 2002 profits, to $2.3 billion from $2.8 billion in 2001. Revenue fell to $54.1 billion from $58.2 billion in 2001.

The space and communications division, which includes the shuttle operations, reported earnings from operations of $357 million on revenue of $11.0 billion, down from $619 million on revenues of $10.4 billion in 2001. NASA revenues were down.

William Loh, an independent aviation consultant, said he expected more shuttles to be built despite the tragedy.

"I think they are definitely going to have to build another one and maybe more than one," Loh said. "With the space station and the schedule they have, they might not have any choice."

MILITARY SIDE HAS BEEN ON UPSWING

Gains in the military side of its business have helped offset to some degree the lack of airplane orders from carriers around the globe as demand for air travel remains slack.

Revenues from its military and space business, now known as Integrated Defense Systems, will soon surpass that of commercial airplanes.

A spokeswoman for Boeing could not immediately comment on what the crash meant for the space shuttle program and Boeing`s participation.

On its Web site, Boeing said the space shuttle program was just hitting its prime. "For the foreseeable future, the shuttle will remain the nation`s primary human-related launch vehicle."

Whether that will change in the near future is an open question, analysts said.

Peter Gottlieb, senior fund manager for First Albany Asset Management, said there will be questions surrounding investments in the entire defense and commercial aviation group.

"There`s going to be some time here, a gap, where all areas of the program are going to be scrutinized and spending will be impacted. We`re going to see a lot more scrutiny, especially (on) the suppliers."

Lockheed Martin is the largest U.S. defense contractor, with revenues of $26.6 billion.

--Additional reporting by Chelsea Emery in New York and Chris Stekiewicz in Seattle

[Gatsby2]

Es wäre wirklich zu bitter, wenn auch die jüngste Shuttle-Katastrophe wiederum auf den Außentank zurückzuführen wäre...

Reuters
Shares of Space Shuttle Contractors Fall
Monday February 3, 5:55 pm ET


CHICAGO (Reuters) - Shares of space shuttle contractors weakened on Monday as Wall Street grappled with the Columbia disaster, which has raised questions about the future of the U.S. space program.
Hardest hit was Alliant Techsystems Inc. (NYSE:ATK - News), which makes the solid-fuel rocket boosters for the shuttle. Alliant shares fell 11.7 percent and suffered their biggest one-day point loss ever.

The two top shuttle contractors, Boeing Co. (NYSE:BA - News) and Lockheed Martin Corp. (NYSE:LMT - News), had less dramatic losses. Smaller companies with connections to the shuttle program were also hit, including Moog Inc. (NYSE:MOGa - News), MacDonald, Dettwiler & Associates (Toronto:MDA.TO - News) and Spacehab Inc. (NasdaqNM:SPAB - News)

The space shuttle Columbia broke up over Texas on Saturday, killing the seven astronauts on board. The National Aeronautics and Space Administration has put all shuttle flights on hold while it investigates the cause of the disaster.

"We are seeing a little pressure on stocks that have exposure to NASA-related work, but in the whole scheme of things, the pressure is not unexpected and the absolute exposure to NASA, even in a worst-case scenario, is probably not overly material," said Peter Jacobs, an analyst at Ragen MacKenzie, a division of Wells Fargo, based in Seattle.

Credit Suisse First Boston downgraded Alliant stock to "neutral" from "outperform." Shuttle work accounts for 15 percent to 18 percent of Alliant`s sales, according to CSFB.

"As much as we would like to hope otherwise, we believe there will be some inevitable panic around Alliant stock (especially given the large ownership by aggressive growth and momentum-oriented funds)," CSFB analysts Pierre Chao and Adam Weiner wrote in a research note.

Boeing and Lockheed -- the world`s top defense and space contractors -- fell 1.5 percent and 2.9 percent, respectively. The two companies are the U.S. space agency`s prime contractors for the shuttle through a joint venture, United Space Alliance, based in Houston.

"The near-term impact will be fairly minor to Boeing and Lockheed Martin ... with limited income slippage if the fleet is grounded for a year," Deutsche Bank Securities analyst Chris Mecray wrote in a research note.

"The impact to suppliers varies, with Alliant Techsystems topping the list as a key shuttle supplier ... while other key suppliers would likely absorb delays fairly easily," Mecray said.

JSA Research predicted that space shuttles would fly again before the end of year and said the grounding would not hurt Alliant`s revenue because its contracts are fixed.

"We believe companies involved with the shuttle program are likely to see at least the same or greater revenue from the space shuttle in the near future," JSA said in a note.

Alliant on Monday reaffirmed the earnings and sales guidance it gave on Jan. 23.

Boeing shares fell 48 cents to $31.11, Lockheed Martin shares lost $1.50 to $49.55 and Alliant shares slumped $6.34 to $48.02, all on the New York Stock Exchange.

Moog dropped $1, or 3.1 percent, to $30.90 on the NYSE. The company, which provides precision control systems, said the loss of Columbia could reduce its revenue by $2 million this year. Moog had expected 2003 revenue of about $13 million from the shuttle program.

MacDonald, Dettwiler, whose best-known product is the space shuttle`s robotic CanadARM, fell C$0.75 to C$22.50 in Toronto.

Shares of Spacehab, a maker of living, research and cargo compartments for the shuttle, sank 10 cents, or 10.2 percent, to 88 cents on Nasdaq.

"Our priority is to support NASA in their investigation any way that we can," said Kimberly Campbell, director of marketing for Spacehab. "That is our principal goal."

Many companies provide United Space Alliance with parts for the shuttle, and United Space Alliance provides services for the International Space Station. Boeing has been criticized for cost overruns as the prime contractor for the space station.

[Gatsby2]

Dow Jones Business News
Raytheon, Lockheed Preparing Bid for Navy Deal
Wednesday February 5, 12:40 pm ET


ARLINGTON, Va. (Dow Jones)--Raytheon Co. and Lockheed Martin plan to prepare a joint bid for the Navy`s cooperative engagement capability, or CEC, block 2 program, which they estimate to be worth about $1 billion.

In a press release Wednesday, the defense contractors said the CEC program is designed to target and destroy airborne weapons in mid-flight.

Raytheon is the design agent and prime contractor for CEC block 1, and Lockheed Martin is the design agent and prime contractor for the Navy`s Aegis weapon system.

On the CEC block 2 proposal, Raytheon will serve as design agent and prime contractor, and will carry about 60% of the workload for the project, using Lockheed Martin as its prime subcontractor, which will pick up the remaining 40% of the project.

Raytheon and Lockheed Martin had 2002 revenue of $16.76 billion and $26.58 billion, respectively.

New York Stock Exchange-listed shares of Raytheon recently traded at $30.55, up 33 cents, or 1.1%, on composite volume of 563,200 shares. Average daily volume is about 2.4 million shares.

NYSE-listed shares of Lockheed Martin recently traded at $51.22, down 5 cents, or 0.1%, on composite volume of 963,300 shares. Average daily volume is about 3.2 million shares.

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Space
Space: The For-Profit Frontier
Arik Hesseldahl, 02.06.03, 12:00 PM ET

NEW YORK - When the Space Shuttle Columbia disintegrated Feb. 1 over Texas, it took with it not only the lives of seven astronauts but also a spacecraft that would probably cost $3 billion to replace.

Once the investigation into the accident is complete and the cause found and corrected, there will be more shuttle flights. But there won`t be any more shuttles built. Instead, the debate will begin within government sectors concerning what NASA`s next step in manned space flight will be, and how much it will cost.

But outside government circles, the debate about the next logical step in space travel centers more on private enterprise. It`s only a matter of time to Gene Myers, chief executive of the Space Island Group, a West Covina, Calif.-based startup. Myers` plans sound like a NASA bureaucrat`s fantasy: Build a fleet of 50 space shuttles that could fly to a constellation of permanent manned space stations, supporting commercial research and development projects, manufacturing operations and tourism operations in orbit, with each flight making a profit.

NASA`s current fleet has three shuttles, which are conceptually sound, Myers insists. But they`re merely prototypes upon which a private venture could improve.

So that`s where Myers would start. Instead of designing a radical new space plane, which NASA has tried to do with various multibillion-dollar programs, such as the abandoned X-33 spacecraft that NASA worked on with Lockheed Martin (nyse: LMT - news - people ), Myers would build a shuttle that looks much like existing orbiters.

"All prototypes are expensive to build and difficult to operate," he says.

Myers` company would comb through the blueprints of the original shuttles component by component and where it makes sense replace them with commercially available alternatives. Take the auxiliary power units. Each shuttle has three APUs powering the hydraulic systems. It`s also a component that is known to fail regularly and is often replaced between shuttle flights.

It`s a big job, Myers says, requiring three weeks to disassemble the components around the APU just so workers can get to it, eight hours to remove and replace it and another three weeks to put everything around it back into place.

"There are actually better APUs on the market," Myers says.

The APU is just one of "literally thousands" of examples where commercially available technology has surpassed what`s used on the shuttles, Myers says. "We`re not seeking to go higher or faster than the shuttles. We want to do what they do, but less expensively."

While it would take $1 billion to $2 billion to design and build the first shuttle, Myers thinks subsequent shuttles could be built for $300 million each once the procedures are set.

So why fly a privately owned space shuttle? To build and support a constellation of privately owned space stations, of course. And each one would be built for a song compared with the International Space Station, for which total costs range between $60 billion and $90 billion, depending on who is doing the estimating.

Here Myers would use what is arguably the most expensive piece of disposable hardware in the world--the shuttle`s $50 million external fuel tank. The rust-colored fuel tanks, made by Lockheed Martin, are typically jettisoned by the shuttle as it enters orbit. They fall to Earth--in what has been described by those who`ve seen it as a spectacular fireworks display--over a remote area of the South Pacific rarely traveled by ships.

Instead of throwing them away, Myers would use them in orbit. At 154 feet in length and 28.6 feet in diameter, they contain a space about the size of an airliner and could be used as building blocks for a space station. Once the fuel--liquid hydrogen and liquid oxygen--is used up, the tanks could be cleaned out and strung together. Think prefab housing in space.

Once built, the station could become a factory in space, a tourist destination or a for-hire scientific research facility.

Astronaut Buzz Aldrin, another big proponent of private space ventures, has talked about using the shuttle`s tanks to build other type of spacecraft. Even NASA itself is often said to have toyed with the idea of using the tanks for building something bigger in orbit, as part of some of the original shuttle proposals in the 1970s. And NASA actually built the Skylab space station, launched in 1973, into the upper-stage fuel tank of a Saturn moon rocket.

So while much of what Myers wants to accomplish is technically feasible, his vision comes crashing to Earth when it come to funding and market opportunity. So far, his vision exists only in slick computer animations available on the company`s Web site. Myers says he`s gone through about $2 million obtained mainly from "angel investors" he declined to name.

And therein lies the problem. A space-age version of the chicken-egg syndrome. Which comes first--the spaceship or the market that demands it?

As yet, there is no realistic gauge of the market potential for manned space flight in the private sector. So far there have been only two individuals who have flown on private missions: American millionaire Dennis Tito and South African Internet entrepreneur Mark Shuttleworth. Both ponied up $20 million to take spare seats on Russian spacecraft headed to the ISS.

Tourism is often thought of as a good start for private space ventures. But it would have to come down in price.


Space Island`s vision calls for building several stations using shuttle fuel tanks and servicing them with regular flights from its own fleet of shuttles.

"At $20 million a flight, you`ll get maybe a handful of people," says Edward Hudgins, director of the Objectivist Center in Washington, D.C., and editor of Space: The Free Market Frontier, a book on the commercialization of space travel published by the Cato Institute. "At $10 million a flight you`ll get a few more. At $1 million a flight you`ll start to get a serious line of people waiting."

Beyond tourism, there isn`t much demand for space travel services that would require manned flights. There`s already a healthy, if not saturated, market for commercial satellites and launch services to put them orbit. And imaging satellites owned by private outfits such as Space Imaging of Thornton, Colo., are doing a brisk business selling pictures of Earth from space to, among other customers, the U.S. military.

Manned flights paid for with private dollars are likely two decades or more away, says professor William Martel, who holds the Alan Shepard Chair of Space Technology and policy at the Naval War College in Newport, R.I. "No one is averse to the thought of tourism or other commercial activity in space," he says. "But people often push some ideas with pretty heroic assumptions about feasibility. Sure, they`re great ideas, but how do you operationalize them?"

Space Island is by no means alone in its quest. The most high-profile effort to fly manned space missions with reusable spacecraft is that of the X Prize Foundation of St. Louis, which is offering a $10 million prize to the first team that can fly two manned flight missions, no longer than two weeks apart, to a minimum altitude of 62 miles. So far 24 teams have registered for the competition, but as we observed last July, the nonprofit foundation running the contest doesn`t have anywhere near the $10 million needed to pay the winner.

For his part, Myers hopes to build up a cash flow by selling companies with big marketing budgets on the idea of promoting their products in space. He thinks that since space movies still generate excitement, and because many TV ads use space travel themes, some companies with big advertising budgets, like DaimlerChrysler (nyse: DCX - news - people ) or Pepsi-Cola (nyse: PEP - news - people ), would jump at the chance to have their brands associated with a real-world space program.

If only he had a spacecraft. In 1996 Pepsi floating a giant inflatable Pepsi can outside the Russian Mir space station, and last year it was rumored to be behind the aborted attempt to send singer Lance Bass to the ISS.

Meanwhile, Myers has retained Magnum Financial LLC, a Los Angeles public relations firm, for the purpose of "further developing and refining its business plan and strategy." Last year the Securities and Exchange Commission obtained a judgment against Magnum and its president, Michael Manahan, for sending out a false and misleading press release about another of its clients, San Diego-based New Energy. Both Magnum and Manahan consented to the judgment without admitting or denying the SEC`s allegations.

Buck Rogers never had to worry about bucks.

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Dow Jones Business News
Bush/Poland`s PM: Lockheed: Still Working On F-16 Deal
Thursday February 6, 12:56 pm ET


While Bush didn`t discuss the subject of the F-16s with Miller, Miller did take time Wednesday morning to have breakfast with Lockheed Martin Chairman Vance Coffman, according to Tom Jurkowsky, a Lockheed spokesman.

Coffman and Miller discussed the offset package that Lockheed is trying to put together for Poland, Jurkowsky said.

While he didn`t offer details of what was discussed, he said Miller and Coffman made progress.

"The negotiations continue. They are going along very well, and we are very hopeful," Jurkowsky said.

Jurkowsky said offset programs are a common practice in the defense industry and used some examples to illustrate what Lockheed is offering Poland.

Lockheed has obtained a commitment from United Technologies Corp.`s Pratt & Whitney unit to have the aircraft engines built in Poland, Jurkowsky said. In addition, Lockheed will help develop suppliers to build other parts for the F-16, including the landing gear, in Poland.

"The Polish government is looking for someone that can be induced to bring more business to their country," Jurkowsky said.

In addition, Jurkowsky said Lockheed regards the relations it builds with Polish contractors as long-term relations promising more business in the future.

Jurkowsky declined to put a price tag on the offset program but did say there was some disagreement between Lockheed and the Polish government on this issue. He said this was normal when negotiating an offset package.

[Gatsby2]

Press Release Source: Raytheon Company


Raytheon and Lockheed Martin Form Team to Pursue U.S. Air Force $161 Million Intelligence Systems Upgrade Program
Tuesday February 11, 8:33 am ET


FALLS CHURCH, Va., Feb. 11 /PRNewswire/ -- Raytheon Company (NYSE: RTN - News) and Lockheed Martin (NYSE: LMT - News) will lead an industry team in pursuit of a U.S. Air Force program to upgrade an intelligence system called the Distributed Common Ground System (DCGS), the companies announced today.
The new program, known as DCGS Block 10.2 Multi-INT Core, is valued at about $161 million. The upgrade will transform DCGS by integrating multiple intelligence systems into a single, worldwide network-centric Information, Surveillance and Reconnaissance (ISR) enterprise delivering time-critical, decision quality information enabling warfighter dominance of the battlespace.

"This team brings together the recognized experts in multi-intelligence, interoperable ISR systems," said John Nannen, vice president of Remote System for Raytheon`s Intelligence and Information Systems business. "Raytheon and Lockheed Martin are both world leaders in DCGS technology. We offer more than 25 years of experience and knowledge, and we currently support operations at all Air Force DCGS sites."

"We are very excited to team with Raytheon in this pursuit," said Michael LaRouche, director of DoD ISR systems for Lockheed Martin`s Management and Data Systems. "Both Lockheed Martin and Raytheon are developing ISR technologies and modular architectures in support of DCGS and are poised to integrate them into a service-based architecture based on other Air Force systems."

Raytheon and Lockheed Martin will use an enterprise, modular, architecture that is drawn from current Air Force programs and based upon proven commercial and government products. The open architecture and standards-based system will lay the foundation for DCGS Block 10.2, Block 20, Block 30 and beyond, which will ensure joint interoperability and reduced cost and integration of future upgrades.

"As in years past, Raytheon and its teammates are completely committed to providing the government with a low-risk, flexible, reliable, fast, and seamless system," Nannen said. "We believe that technology, experience and commitment are the key discriminators in this pursuit and, by leveraging each other`s strengths, we can greatly benefit the customer during this new phase."

Raytheon -- Raytheon Company, with 2002 sales of $16.8 billion, is an industry leader in defense, government and commercial electronics, space, information technology, technical services, and business and special mission aircraft. With headquarters in Lexington, Mass., Raytheon employs more than 76,000 people worldwide. The company`s Intelligence and Information Systems business (Garland, Texas), is a $2 billion world leader in intelligence and information technology solutions by drawing on capabilities in signals, imaging and geospatial intelligence; air and space-borne command and control; ground engineering support; and weather and environmental management. For more information, visit http://www.raytheon.com.

Lockheed Martin -- As the leading technology solutions provider and integrator to the U.S. government, Lockheed Martin focuses on the defense, information technology and homeland security requirements of the military services and civil agencies. The Corporation`s advanced technology solutions draw on world-class capabilities in systems engineering and integration, complex project management, software development and information technology. The Corporation is headquartered in Bethesda, Md. For more information, visit http://www.lockheedmartin.com.

[Gatsby2]

Dow Jones Business News
Lockheed Projects 15% Jump in 2003 Operating Profit
Wednesday February 12, 9:42 am ET


By Sonoko Setaishi
Of DOW JONES NEWSWIRES

NEW YORK (Dow Jones)--Lockheed Martin Corp. , the nation`s largest

defense company, said Wednesday its operating profit will likely rise more than 15% this year from last year.

The Bethesda, Md., company had an operating profit of $1.16 billion in 2002, up 39% from $833 million in 2001. The new projection puts the 2003 operating profit at more than $1.33 billion.

Speaking at an aerospace technology conference hosted by SG Cowen, Christopher Kubasik, Lockheed`s chief financial officer, also repeated the company`s earlier sales and free cash flow projections for the year.

Lockheed`s sales should grow by 8% to 12% from last year`s $26.58 billion, implying 2003 sales of $28.71 billion to $29.77 billion. The company expects to increase its free cash flow to more than $800 million.

Lockheed Martin shares fell $1.34, or 2.7%, Tuesday to $48.80 after reaching a 52-week low of $48.57 earlier in the day.

Early Wednesday, the stock was trading at $48.39, down 40 cents.

=================

Press Release Source: Lockheed Martin Management & Data Systems


Lockheed Martin Unveils $7.5M State-of-the-Art Tech Center
Wednesday February 12, 9:57 am ET


FAIRFAX, Va., Feb. 12 /PRNewswire-FirstCall/ -- Lockheed Martin Management & Data Systems recently opened its state-of-the-art NetForce Tech Center in its Fairfax, Va. facility. The $7.5 million customer-driven integration and transformation solutions lab primarily utilizes commercial-off-the-shelf technologies and commercial methodologies in building rapid proof of concepts for government customers.

The new Tech Center, with combined space of nearly 5,000 square feet, is an innovative state-of-the-art center comprising private and secure facilities. With a full continuum of the latest and best-in-the-world hardware and software solutions, the Center serves as a proving ground to provide clients with the ability to evaluate new and innovative ideas. The Center has the capability to provide customers with comparative assessments of a wide range of alternative solutions, and enables customers to have hands-on interaction with new and integrated proof of concepts. The Center brings together people, processes, technology and benefits for clients by reducing risks, lowering development costs, increasing collaboration, and accelerating operational implementation by simulating real-world customer environments.

"The NetForce Center combines a community of our partners, addressing our customers` data and information-centric environment," said Bryan Maizlish, NetForce founder and Chief Technology Officer. "We are working with many thought leaders from leading technology, government, research and commercial industries, and will leverage their invaluable insights and lessons learned in partnering with our customers. The exciting reality is that we have barely scratched the surface."

The dynamic multi-vendor partnering environment of the Center utilizes world-class modeling, simulation, IT portfolio management, and business process management tools in delivering rapid, secure, and stable solutions.

"This Center is at the epicenter of our efforts in developing a major state-of-the-art transformation facility to continue to meet the needs of our customers," said M&DS vice president Mike Thomas. "With private and secure areas, we can smoothly move from initial proofs of concept to simulate real- world customer environments."

Management & Data Systems (https://mds.external.lmco.com) has been a leader in systems integration, systems engineering, software development and program management in support of vital national systems for more than 30 years. M&DS is a unit of Lockheed Martin Corporation with approximately 8,200 employees at facilities in Arizona, California, Colorado, Pennsylvania, and the Washington, D.C. Metropolitan Area.

Headquartered in Bethesda, Maryland, Lockheed Martin (NYSE: LMT - News; http://www.lockheedmartin.com) is a highly diversified global enterprise principally engaged in the research, design, development, manufacture and integration of advanced-technology systems, products and services. The Corporation`s core businesses span space and telecommunications, electronics, information and services, aeronautics, energy and systems integration.




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Source: Lockheed Martin Management & Data Systems

=================

Dow Jones Business News
U.S. to Pay $538 Million to Keep 2 Firms in Rocket Launching
Wednesday February 12, 12:39 am ET


The Air Force will provide a $538 million boost to defense companies Boeing Co. (NYSE:BA - News) and Lockheed Martin Corp. (NYSE:LMT - News) in coming years to keep both companies in the rocket-launch business, easing the impact of a steep falloff in commercial orders for such services, Wednesday`s Wall Street Journal reported.

As recently as three months ago, it appeared the companies would split about $ 1 billion over a five-year period starting in fiscal 2004. But industry and service officials said competing budget demands forced the government to nearly halve that amount. The move comes amid a continuing downturn in the commercial- satellite market, where orders have all but dried up and aren`t expected to strongly recover until 2005 at the earliest.

The additional funds cap an aggressive, two-year lobbying campaign by both companies in the Pentagon as well as on Capitol Hill. Last year, the head of Boeing`s Delta IV program was explicit about the goal: "to keep both companies in the game and keep them healthy."

Senior Air Force officials have argued the U.S. needs to retain what is known in military circles as "assured access to space," or more than one way to launch government satellites. Washington has been focused on this since 1986, when the grounding of the space-shuttle fleet after the Challenger explosion kept government satellites from being launched for several years.

"We`re committed to maintaining two launch providers," said General Lance Lord, commander of Air Force Space Command in Colorado. Senior Pentagon leaders recently requested a study of the feasibility and potential drawbacks of having only one rocket-launch provider, but both Boeing and Lockheed are confident the U.S. won`t opt for that drastic a step.

Despite cutbacks, employee reductions and other belt-tightening efforts, company officials have complained that without commercial orders, they need additional funding from the U.S. government to stay in the business. Boeing executives have said they don`t see turning a profit on the Delta IV rocket for at least several more years. Lockheed officials have said they don`t see breaking even on their investment in the Atlas V through the end of the decade.

Wall Street Journal Staff Reporters Anne Marie Squeo and Andy Pasztor contributed to this report.

[Preiselbeere]

Aktuell beschäftige sich Trading Central mit dem Wert.
Eine aktuelle technische Analyse kmmt zu dem Schluss, dass weiteres Abwärtspotential gegeben ist. Von der Aktie sollte man Abstand nehmen!
Quelle: http://www.traderbikerboerse.de/forum/showthread.php?postid=…

[Gatsby2]

@Preiselbeere: Von T/A halte ich zwar wenig, aber ich bin trotzdem Deiner Meinung, und das nicht nur wegen dieser Meldung:

Reuters
Czechs delay $1.7 bln jet decision until May
Thursday February 20, 6:17 am ET


PRAGUE, Feb 20 (Reuters) - The Czech Republic has delayed a decision on the fate of a long-delayed purchase of supersonic jet fighters until May as MPs continue to debate strategies for the country`s defence, Defence Minister Jaroslav Tvrdik said on Thursday.

The central European country and NATO member has been re-thinking plans to beef up air defences after the severe floods in August hit plans to buy new Anglo-Swedish Gripen jets, with spending shifted towards disaster relief.

The floods, which caused over $2.0 billion in damage, forced the government to scrap a plan to replace its fleet of Soviet-era MiG-21s with 24 Gripen multi-role jets made by Swedish firm Saab (Stockholm:SAABb.ST - News), in partnership with its British partner BAE Systems (London:BA.L - News).

The $1.7 billion purchase, which encountered stiff resistance in parliament as MPs questioned such a use of funds when the state budget is running a record deficit, would have been the largest Czech military order ever.

Tvrdik told journalists the cabinet was also pre-occupied with a battle over finding a replacement for former President Vaclav Havel, whose final term ended earlier this month. "It is not possible to find common ground (on defence policy) in parliament right now," said Tvrdik, adding the cabinet was also waiting for NATO to decide on a Czech request to re-think the alliance`s air defence strategy.

He said it was crucial the decision on the fate of the country`s supersonic air force, delayed for more than a decade, was taken by parliament before the end of June due to the ongoing overhaul of the armed forces.

"We have all the documents ready. June is the final deadline," said Tvrdik, adding a Polish decision on its purchase of supersonic jets may also play a role.

Warsaw, which joined the NATO security alliance together with Prague and Budapest in 1999, picked U.S. Lockheed Martin(NYSE:LMT - News) to supply 48 combat jets in a $3.5 billion deal.

Tvrdik added that all possible options were still in play, including the purchase of 12 to 14 new planes, leasing older jets or the option of not fully defending Czech air space.

A source told Reuters in December the Czechs were in talks with NATO ally Canada on the possible purchase of up to 15 used F-18 supersonic fighters. The armed forces expect to retire the entire MiG fleet by the end of 2004.

[Gatsby2]

Press Release Source: ILS


Atlas V to Launch Wideband Gapfiller as ILS` 1st EELV Mission
Friday February 21, 11:08 am ET


MCLEAN, Va.--(BUSINESS WIRE)--Feb. 21, 2003--International Launch Services (ILS) will launch a U.S. Air Force communications satellite on an Atlas V rocket as its first government mission under the Evolved Expendable Launch Vehicle (EELV) program.
The mission is the launch of Wideband Gapfiller Satellite #2 (WGS-2), scheduled for no earlier than December 2004 from Cape Canaveral Air Force Station, Fla. This is the first of seven Atlas V launches awarded to ILS by the Air Force under the EELV program.

The Air Force authorized ILS this month to begin work to integrate the Atlas V vehicle with the spacecraft.

The Atlas V is produced by Lockheed Martin Space Systems Co., (NYSE:LMT - News) the latest generation in a long line of reliable rockets. It was developed both to meet Air Force EELV requirements and for ILS commercial missions. Atlas V`s highly successful first flight was last Aug. 21 with a commercial payload. The Atlas family of II, III and V series rockets boasts a record of 63 consecutive successful launches.

"I`m pleased to entrust this important national security spacecraft to the Atlas V," said Col. Sue Mashiko, head of the EELV program office at the USAF Space & Missile Systems Center, Los Angeles. "The perfect initial flight of Atlas V last summer, coupled with the Atlas family`s incredible record of 63 consecutive successful launches, give us confidence that this satellite will be launched on time."

The Wideband Gapfiller Satellites are designed to augment defense communications services currently provided by the Defense Satellite Communications System (DSCS) and the Global Broadcasting Service (GBS), as well as provide a new high-capacity two-way Ka-band service in support of our nation`s deployed forces.

"The Air Force was at our side during Atlas V development," said ILS President Mark Albrecht, "and was side-by-side with our commercial customer at the first launch. We look forward to launching WGS-2 as the first dedicated Air Force mission on Atlas V."

The Atlas V family is the most powerful in the Atlas line, designed to lift payloads up to nearly 8700 kg to geosynchronous transfer orbit (GTO). The Atlas V incorporates state-of-the-art designs, materials and processes. To support Atlas V missions, Lockheed Martin built a state-of-the-art launch complex at Cape Canaveral.

The new site introduces the "clean pad" concept to U.S. launch capabilities for the first time, and consolidates the support operations into two facilities: the Atlas Spaceflight Operations Center (ASOC) and the Vertical Integration Facility. The clean pad concept allows the Atlas V vehicle to be assembled, tested and mated with the encapsulated spacecraft away from the pad, thus allowing more flexibility in meeting customer needs.

ILS is a joint venture of Lockheed Martin Corp. in the United States and Russian companies Khrunichev State Research and Production Space Center and RSC Energia. ILS offers the broadest range of launch services in the world along with products with the highest reliability in the industry.

ILS` Atlas rockets and their Centaur upper stages are built by Lockheed Martin Space Systems Co. - Space & Strategic Missiles, at facilities in Denver, Colo.; Harlingen, Texas; and San Diego, Calif.

For more information, visit http://www.ilslaunch.com.



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[Gatsby2]

Associated Press
Companies Land $2 Billion Bomb Contract
Friday February 21, 11:41 am ET
Raytheon, Lockheed Martin Land $2 Billion Contract for Laser-Guided Bombs


WASHINGTON (AP
) -- Two companies have landed a $2 billion Pentagon contract to build laser-guided bomb kits -- a key weapon in any potential war against Iraq.

The Air Force awarded the seven-year contract to Raytheon Co. and Lockheed Martin Corp. Raytheon will make the Paveway II laser-guided bomb kits at its factory in Tucson, Ariz., and Lockheed Martin will make the kits at its facility in Archbald, Pa.

The kits allow bombs dropped from U.S. warplanes to be guided to their targets by a laser -- either one aimed by the plane`s pilot or one aimed by a U.S. spotter on the ground.

Laser-guided bombs were used extensively in the war in Afghanistan and experts expect them to get heavy use in any possible war in Iraq. The bombs are highly accurate under the right conditions, but clouds, dust and other weather problems can cause them to miss.

The contract allows the Air Force to order bomb kits as it needs them from Raytheon and Lockheed Martin. Last year, Raytheon added a third shift to its Tucson Paveway facility and doubled its production of the weapons.

Lockheed Martin gained the Pentagon`s go-ahead to share in building the laser-guided bomb kits last year after Raytheon had held the sole contract to build them.

In morning trading Friday on the New York Stock Exchange, Lockheed Martin shares were down 66 cents at $45.20 while Raytheon lost 12 cents to $28.02.

[Micky_Maus]

Tut den Kursen aber gar nicht gut. LMT, RTN, BA und NOC nahe am Jahrestief.

[Gatsby2]

Na, vielleicht tut das ja dem Kurs von LMT ein wenig gut -- EADS wird`s dagegen kaum nützen:

Reuters
Singapore signs up for U.S. fighter programme
Saturday February 22, 4:15 am ET
By Mantik Kusjanto


SINGAPORE, Feb 22 (Reuters) - Singapore revealed plans on Saturday to join the biggest warplane project in history, the F-35 Joint Strike Fighter programme that Lockheed Martin Corp (NYSE:LMT - News) has undertaken for the United States and other countries.

Singapore`s decision to contribute to F-35 development will give Lockheed Martin an advantage when it offers the radar-evading supersonic aircraft to that country in competition with other U.S. and European manufacturers.

"The JSF is a potential candidate to meet the Republic of Singapore Air Force`s longer-term operational requirements for a multi-role fighter," the Ministry of Defence said in a statement.

Singapore had now signed a letter of intent to join the programme, the ministry said.

Led by the United States with Britain as a major partner, the F-35 project has also attracted participation from Australia, Canada, Denmark, Italy, Norway, the Netherlands and Turkey.

Singapore is the first Asian country to announce plans to join the programme, which threatens to limit sales of rival aircraft from Lockheed Martin, Boeing Co (NYSE:BA - News), BAE Systems Plc (London:BA.L - News), Saab AB (Stockholm:SAABb.ST - News), Dassault Aviation SA (Paris:AVMD.PA - News) and European Aeronautic Defence & Space Co NV (XETRA:EAD.DE - News; Paris:EAD.PA - News).

Singapore has been considering offers from those U.S. and European manufacturers in a current competition for combat aircraft.

Since the F-35 is not yet in production, it is not a candidate for that order, but it could be for later Singapore purchases. F-35 programme participants are expected to get a discount if they order the aircraft, strengthening its chances.

Bernard Toh, a spokesman for the ministry, told Reuters that Singapore`s financial contribution had not been finalised.

The F-35 is designed to replace most of the fighters and attack aircraft in U.S. and British service, including the Lockheed Martin F-16. Production of 3,000 F-35s is scheduled for those two countries alone.

Singapore, a tiny island of four million people and a staunch U.S. ally, also has F-16s in its air force, part of one of the most modern and well-equipped armed forces in Asia.

The country considers itself vulnerable to regional instability and spends about S$8.2 billion ($4.7 billion), or 29 percent of its budget, on defence.

Participation in the F-35 programme also creates an opportunity to develop advanced technology with leading U.S. and British defence companies.

"Technology is critical to the Singapore Armed Forces," the defence ministry said in the statement.

The main Singapore defence contractor is ST Engineering Ltd (SES:STEG.SI - News).

Singapore Defence Minister Tony Tan said in December that the city state would boost its defence spending, despite economic woes, to step up security against possible terror attacks.

Northrop Grumman Corp (NYSE:NOC - News) and BAE are Lockheed`s main partners in developing the F-35. United Technologies Corp`s (NYSE:UTX - News) Pratt & Whitney unit, General Electric Co (NYSE:GE - News) and Rolls-Royce Plc (London:RR.L - News) are supplying engines for the aircraft. (US$=S$1.75)

[Körschgen]

Lockheed dürfte noch bis 30$ durchgereicht werden. Dann aber wieder interessant, weil normal bewertet. Der Hype, der seit dem 11.9. um Lockheed gemacht wird, ist fundamental nicht gerechtfertigt. Wer Hightech-Firmen mit hohem Wachstum kein KGV von 20 zugesteht, sollte das bei Lockheed wohl erst recht nicht tun.

[junkstro]

24.02.2003
Lockheed Martin "buy"
Prudential Securities

Rating-Update:

Die Analysten vom Investmenthaus Prudential Securities stufen die Aktie von Lockheed Martin (WKN 894648) in einer Ersteinschätzung mit „buy“ ein. Das Kursziel sehe man bei 63 US-Dollar.

[Gatsby2]

Press Release Source: Lockheed Martin; Gibbs & Cox; Marinette Marine; Bollinger Shipyards


Lockheed Martin, Gibbs & Cox, Bollinger Shipyards and Marinette Marine Team For Navy LCS Program
Tuesday March 4, 2:02 pm ET


WASHINGTON, March 4 /PRNewswire/ -- Trumpeting the strength of combining leaders in systems engineering, mid-market shipbuilding and naval architecture, officials from Lockheed Martin, Gibbs & Cox, Bollinger Shipyards and Marinette Marine today announced a teaming effort to capture the Navy`s Littoral Combat Ship program.

The Navy considers LCS its most transformational effort and number one budget priority.

"In the process of creating this team, we carefully considered all of the innovative and unique requirements the Navy needs in this new ship," said Fred Moosally, president of Lockheed Martin`s Naval Electronics & Surveillance Systems. "Our team harnesses world class expertise in naval architecture, LCS-sized ship construction, systems engineering and program management to help the Navy fill its littoral warfare needs."

Lockheed Martin will be the prime contractor, with Gibbs & Cox, Bollinger Shipyards and Marinette Marine sharing significant roles as principal team members.

Gibbs & Cox is a leading naval architectural and marine engineering firm, and world-renowned designer of surface combatants for the U.S. and international navies. Gibbs & Cox will be the team`s platform design authority, naval architect and platform systems integrator.

"We are pleased to be partnering with these industry leaders to provide the United States Navy with a robust transformational solution to the littoral threat," said Kevin Moak, chairman of Gibbs & Cox, Inc. "Ships built to our designs, such as the USS Cole, USS Stark and USS Samuel B. Roberts, have a proven track record in combat threat situations around the world."

Bollinger Shipyards and Marinette Marine both share long lists of shipbuilding successes. As mid-market shipbuilders, their construction work serves smaller classes of ships and vessels, similar to the Navy`s size requirements for LCS. In addition, both ship builders have significant experience serving commercial markets, where price, design, quality and on- time delivery are the primary measures for winning new customers.

Bollinger Shipyards is a leading builder of vessels serving the energy, commercial and government marine markets. It operates 14 shipyards located throughout South Louisiana and Texas. Bollinger built the U.S. Navy`s Cyclone patrol craft, the U.S. Coast Guard`s 110-foot Island Class and the 87-foot coastal patrol boats, as well as liftboats, tugs, offshore supply vessels, OPA 90 tank barges and specialty ships.

"The Littoral Combat Ship is a perfect fit for us," said Mike Ellis, executive vice president and chief operating officer for Bollinger Shipyards. "Our entire business is building and servicing mid-size vessels for our government and commercial markets. We have a strong track record of meeting our customers` needs in all areas from innovative design, quality workmanship and on time delivery."

Marinette Marine, with its shipyard facilities in Marinette, Wisc., is a leading shipbuilder serving the government, military and commercial customers throughout the maritime industry. Its shipbuilding portfolio includes U.S. Coast Guard icebreakers and buoy tenders, U.S. Navy mine countermeasure vessels and ocean tugs, as well as ferries, dredges and tugs.

"Many of our programs involve complex maritime solutions, and we deliver great ships on time, on or below budget," said Dennis McCloskey, president of Manitowoc Marine. "We`re excited to bring our expertise and record of results to the Navy`s LCS program."

Responsibilities for the two shipyards include production and cost engineering, production design and platform production.

In addition to serving as the overall prime, Lockheed Martin will be the systems and modularity architect, hullform developer and lead the overall program management and cost analysis work.

"This team brings the right talents to the Navy`s service," said Moosally. "However, we will continue to build our team to bring in core and specialty expertise from around the world -- this program is a top priority for the Navy, and we will make sure they are successful."

As the leading technology solutions provider and integrator to the U.S. government, Lockheed Martin (NYSE: LMT - News) focuses on the defense, information technology and homeland security requirements of the military services and civil agencies. The Corporation`s advanced technology solutions draw on world-class capabilities in systems engineering and integration, complex project management, software development and information technology. Lockheed Martin Corporation is headquartered in Bethesda, MD.

Gibbs & Cox, Inc., specializing in surface combatant design and integration, brings more than 70 years of naval engineering expertise to the LCS program. More than 150 ships on active duty in nearly 20 navies around the globe, including 60 percent of the U.S. Navy`s surface combatant fleet, are built to Gibbs & Cox, Inc. designs. The firm also provides engineering and design support directly to the U.S. Navy in early phase design and development of future systems for the Navy`s surface combatant fleet. Gibbs & Cox, Inc. is headquartered in Arlington, Va.

Family owned and operated since 1946, Bollinger Shipyards, Inc., Lockport, La., has 14 shipyards strategically located between New Orleans and Houston with direct access to the Gulf of Mexico, Mississippi River and Intracoastal Waterway. Bollinger is a leading designer and builder of fast military patrol boats, offshore oil field support vessels, tugs, rigs, liftboats, inland waterways and OPA `90 ocean-going double hull barges as well as other steel and aluminum products.

Marinette Marine is part of Manitowoc Company, Inc.`s (NYSE: MTW - News) Marine Group. In addition to serving as a leader of shipbuilding, ship repair and conversion services for government, military and commercial customers, Manitowoc is the world`s largest provider of lifting equipment for the global construction industry and the leading manufacturer of cold-focused equipment in the food service industry. Manitowoc is headquartered in Manitowoc, Wisc.

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

For information on Lockheed Martin Naval Electronics & Surveillance Systems,
visit: http://www.ness.external.lmco.com

For additional information on Gibbs & Cox, Inc., visit: http://www.gibbscox.com

For additional information on Marinette Marine, visit:
http://www.manitowocmarine.com

For additional information about Bollinger Shipyards, Inc., visit:
http://www.bollingershipyards.com




--------------------------------------------------------------------------------
Source: Lockheed Martin; Gibbs & Cox; Marinette Marine; Bollinger Shipyards

[Gatsby2]

Reuters
Lockheed to go to trial over S. Korean arms deal
Tuesday March 4, 7:17 pm ET
By Gina Keating


LOS ANGELES, March 4 (Reuters) - The California Supreme Court has ruled that Lockheed Martin Corp.(NYSE:LMT - News) can be sued for unfair business practices because an agent for a subsidiary allegedly used sexual favors and bribes to win a South Korean defense contract, a claim the company strongly denies.

The high court on Monday sent the case back to the Los Angeles Superior Court where it was filed against Loral Corp. in 1999 by privately owned Korea Supply Company (KSC), which represents military equipment makers in transactions with South Korea`s government.

Loral Corp. was acquired by defense giant Lockheed in 1996 and is now known as Lockheed Martin Tactical Systems Inc.

The justices ordered the case to trial but rejected KSC`s plea to force Lockheed to disgorge any profits it reaped from the $225 million contract to build synthetic radar aperture systems for South Korean military aircraft. KSC stood to receive a $30 million commission if its Canadian client, MacDonald, Dittwiler and Associates, had won the 1996 contract.

KSC claimed that Loral interfered with its business relationship with MacDonald Dittwiler, causing an economic loss, because its agent, Linda Kim, engaged in "wrongful conduct" to win the contract. The lawsuit said Kim bribed two South Korean military officers and offered sexual favors to the country`s defense minister.

Although the Los Angeles trial court dismissed KSC`s case after one hearing, finding that KSC had no standing to claim damages, the state Supreme Court ruled on Monday that Kim`s alleged misconduct opened the door to a lawsuit.

"We conclude ... that an act is independently wrongful if it is unlawful, that is, proscribed by some ... determinable legal standard," the court wrote.

Under the Foreign Corrupt Practices Act (News - Websites), it is illegal to offer anything of value to a foreign official to influence an official act or decision.

"The court said we have a claim for ... interference with contract rights," KSC`s attorney Maxwell Blecher said on Tuesday. "I don`t think anyone would argue that our contract was $30 million. We can recover that plus punitive damages."

A Lockheed spokeswoman said the company "respectfully disagreed" with the opinion and denied that the Bethesda, Maryland-based aerospace company or its subsidiary had engaged in any unethical business practice.

"We think that when the case does go to trial the facts will show that KSC`s claims are false and the case will be dismissed on summary judgment," said Lockheed spokeswoman Meghan Mariman.

In June, a federal grand jury in Los Angeles subpoenaed Lockheed for all documents related to the relationship between Loral and Kim, according to company filings with the U.S. Securities and Exchange Commission (News - Websites).

Kim`s attorney said she "has strongly denied every allegation contained in that complaint."

"That whole thing was based on (South Korean) newspaper stories that were not substantiated," attorney Jiyoung Kym said on Tuesday. He added that Kim, 52, was convicted of charges stemming from her dealings with the South Korean government on behalf of another client.

"The theory that KSC went forward with in the appeal was that she did it in one contract, she did it in another," a source familiar with the case said.

Kim now lives in Los Angeles and has retired from military contract brokering, he said.

[Gatsby2]

Press Release Source: Lockheed Martin Air Traffic Management


Lockheed Martin National Team Selected For FAA Satellite Navigation Program
Wednesday March 5, 10:58 am ET
Ground Stations, Satellite Broadcast Services Included in GCCS Program


ROCKVILLE, Md., March 5 /PRNewswire/ -- A national team led by Lockheed Martin (NYSE: LMT - News) has been selected by the Federal Aviation Administration (FAA) to provide ground stations and broadcast services that will support satellite navigation signals for aviation use in the Wide Area Augmentation System (WAAS). The award, with an initial amount of $34 million, has a potential value of $597 million, if contract options for additional satellite services are exercised.

The FAA`s two-year Geostationary Communications and Control Segment (GCCS) program also includes options that would lengthen the contract. These include options to lease satellite communications services on 10-year terms. Lockheed Martin Air Traffic Management is the large system integrator for the program and will integrate elements of the GCCS system. Lockheed Martin is joined on this program by teammates the Boeing Co., and Raytheon.

"GCCS will enable WAAS realization and help make satellite-based navigation for aviation a reality," said Don Antonucci, president, Lockheed Martin Air Traffic Management. "Our National Team will apply its collective expertise in helping the FAA realize its goal of improved safety and reliability for aviation users. GCCS supports our goals of broadening our business beyond traditional air traffic automation."

WAAS is a GPS-based navigation and landing system for aviation use that will provide precision guidance to aircraft at thousands of airports and airstrips where there is currently no precision landing capability. WAAS improves the accuracy and ensures the integrity of navigation information from GPS satellites. The WAAS broadcast message improves GPS signal accuracy from 100 meters to approximately seven meters.

GCCS will help provide the initial flight navigation capability for precision approaches to runways through the full operational capability of WAAS that will come later.

Lockheed Martin and its teammates will provide ground uplink stations that collect Global Positioning System (GPS) navigation data that has been corrected and enhanced for accuracy, and also the technology to broadcast the data as signals to geostationary communications satellites. The satellites send the augmented GPS navigation signals to in-flight aircraft equipped to receive them. The FAA can exercise options for additional leased satellite communications services.

Teammates Boeing and Raytheon provide expertise in areas of uplink communications and navigation services, respectively.

Lockheed Martin Air Traffic Management has had a contract for broadcast services, the WAAS GEO program, since 2001 to provide satellite communications uplink services from multiple sites.

Lockheed Martin Air Traffic Management has four decades of experience in delivering advanced aviation management solutions to customers worldwide, and focuses on systems integration, engineering design, development, test, delivery and support of Communications, Navigation, Surveillance (CNS/ATM) systems. With its solid record of on-schedule, on-budget performance, the company has earned the prestigious Air Traffic Control Association`s Industry Award in four of the last six years. A registered ISO 9001 company, Air Traffic Management employs approximately 1,300 people at major facilities in Rockville, Atlantic City, N.J., Eagan, Minn., and Southampton, England.

Headquartered in Bethesda, Md., Lockheed Martin is a global enterprise principally engaged in the research, design, development, manufacture and integration of advanced-technology systems, products and services. The Corporation`s core businesses are systems integration, space, aeronautics, and technology services.

For additional information on Lockheed Martin Air Traffic Management visit: http://www.lockheedmartin.com/atm

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




--------------------------------------------------------------------------------
Source: Lockheed Martin Air Traffic Management

[Preiselbeere]

04/03/03-13:15
Lockheed Martin : Technische Analyse


Technische Analyse: der RSI befindet sich unterhalb seiner Neutralitätszone bei 50. Der MACD befindet sich oberhalb seiner Signallinie und ist negativ. Er ist gemischt.

Es wird darauf hingewiesen, dass die Volumen seit einigen Tagen ansteigen.

Die Widerstandsmarken befinden sich bei: 47.6 und anschließend 49.1. Die nächsten Supports befinden sich bei: 44.6 und anschließend 43.6.

Während der letzten fünf Handelstage hat sich die Aktie kaum bewegt und gewann 2.76%. Während des gesamten Jahres bis heute fiel die Aktie um 20.73%.

Unser Aufhebungspunkt befindet sich bei: 43.6.

Unsere Meinung: Kurzfristiger Rebound bei Lockheed Martin möglich, mit 49.1 als Target.

Schlusskurs: 45.78.

Quelle: Trading Central

[Gatsby2]

Dow Jones Business News
Lockheed Martin Has Order Backlog of $70.4 Billion
Friday March 7, 11:13 am ET


WASHINGTON (Dow Jones)--Lockheed Martin Corp. , the nation`s largest defense company, said it had a total order backlog of about $70.4 billion as of Dec. 31, compared with $71.3 billion at the end of 2001.

According to its annual report filed Thursday with the Securities and Exchange Commission (News - Websites), the company said it expects to fill roughly $23.1 billion, or 33%, of its backlog by Dec. 31.

Lockheed said that its backlog consisted of $17.7 billion for its systems integration segment, $12.6 billion for its space systems segment, $35.5 billion for its aeronautics segment and $4.6 billion for its technology services division

The total backlog includes both funded and unfunded backlog, the filing said.

The Bethesda, Md., company said the funded backlog consists of unfilled firm orders for its products that funding has been both authorized and appropriated by the customer - the Congress, in the case of U.S. Government agencies.

Unfunded backlog includes firm orders that funding hasn`t been appropriated, according to the filing.

The company said its funded backlog was $36.1 billion as of Dec. 31.

[Gatsby2]

Press Release Source: Lockheed Martin Missiles and Fire Control


Lockheed Martin Acquires Leigh Aerosystems Assets
Tuesday March 11, 2:32 pm ET


ORLANDO, Fla., March 11 /PRNewswire-FirstCall/ -- In a move that will expand Lockheed Martin`s (NYSE: LMT - News) capability to provide warfighters with more precise, longer range weapons at low cost, the Corporation today acquired certain assets of Leigh Aerosystems of Carlsbad, Calif. Lockheed Martin`s acquisition will enhance its viability in the strike weapons marketplace, both domestically and internationally. Terms of the sale were not disclosed.
Privately held Leigh Aerosystems designs, tests and produces the LongShot(TM)Wing Kit that can be attached to existing "dumb" bombs to increase accuracy and range. The kit, which consists of a Global Positioning System- based guidance and targeting system and a pair of flight controlling wings, transforms existing weapons such as the 1,000-pound CBU-87 cluster bomb, the 1,000-pound MK-83 general purpose bomb, the 500-pound MK-82 general-purpose bomb, and laser guided bombs into targetable standoff munitions.

"This acquisition will bring extended range capabilities to the Air Force," said Randy Bigum, vice president of Strike Weapons at Lockheed Martin Missiles and Fire Control. "There is a genuine need for low-cost precision munitions, and the LongShot Wing Kit can bring that to a large community of fighters and bombers. We can take non-precision bombs that have been in the inventory for years and convert them into accurate, next-generation, standoff munitions at a cost much less than the expense to develop and produce new weapons."

The kit will be adapted into Lockheed Martin`s Wind Corrected Munitions Dispenser (WCMD) program to be used on CBU-87, -89, and -97 dispenser weapons. The enhanced WCMD system, called WCMD-Extended Range, is expected to go into production in 2005. The Air Force has requested 7,500 of these systems.

In addition, the acquisition provides immediate entry into the international market for low-cost precision accuracy and standoff capability for existing "dumb" bombs with low-cost integration onto existing aircraft.

Lockheed Martin Missiles and Fire Control develops, manufactures and integrates world-class air defense, fire support, strike weapon, naval munition, combat vision, anti-armor and advanced product solutions and systems for U.S. and international armed forces. Headquartered in Bethesda, Md., Lockheed Martin is a global enterprise principally engaged in the research, design, development, manufacture and integration of advanced technology systems products and services. The Corporation`s core businesses are systems integration, space, aeronautics, and technology services.

For information on Lockheed Martin Missiles and Fire Control, visit:
http://www.missilesandfirecontrol.com

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




--------------------------------------------------------------------------------
Source: Lockheed Martin Missiles and Fire Control

[Gatsby2]

Lockheed braucht monatlich etwa 2,2 Mrd. $ Umsatz zum break-even. Gemessen daran mag man sich füglich fragen, warum die paar Erbsen eine Pressemitteilung wert sein sollen...

Reuters
Lockheed wins $37.5 mln orders for PAC-3 missiles
Tuesday March 11, 5:55 pm ET


WASHINGTON, March 11 (Reuters) - As war looms with Iraq, top U.S. defense contractor Lockheed Martin Corp. (NYSE:LMT - News) won two contracts valued at a combined $37.5 million to build more Patriot PAC-3 missiles, the U.S. Army said on Tuesday.

The U.S. military has spent more than $3 billion since 1991 to improve the ability of the Patriot air defense system to detect enemy targets, such as the Soviet-designed Scud missiles Iraq fired at Saudi Arabia and Israel during the Gulf War.

Raytheon Co. (NYSE:RTN - News) is the prime system contractor on the Patriot system, a key component in the U.S. military`s strategy to thwart any Scud attacks in a new war with Iraq, while Lockheed makes the PAC-3 missiles it fires.

The PAC-2 version underwent a major overhaul after the Gulf War, when the U.S. Army says it was judged only 40 percent effective in engaging Scud missiles fired at Israel and 70 percent effective against missiles aimed at Saudi Arabia.

The PAC-3 missile uses hit-to-kill technology to destroy its target, unlike the PAC-2 missile, which was designed to destroy aircraft by exploding near their sides.

The new contracts are part of the U.S. military`s stated commitment to dramatically boost production of the PAC-3 missile as it prepares for possible war in the Gulf.

The Army said Lockheed won a $20.5 million contract modification to accelerate delivery of an unspecified number of PAC-3 missiles, with work to be completed by May 31, 2004.

The Bethesda, Maryland-based company also won a $17 million contract to build more PAC-3 missiles by Dec. 31, 2004.

[Gatsby2]

Es dürfte derzeit in den USA kein zweites Unternehmen mit einem auch nur annähernd vergleichbaren politischen Einfluß geben, und so ist es wohl kein Wunder, daß selbst das lang dahinsiechende C-130J Programm endlich doch noch profitabel wird:

Reuters
Lockheed poised to win $4 bln contract for C-130Js
Tuesday March 11, 7:46 pm ET


WASHINGTON, March 11 (Reuters) - The U.S. military will soon announce plans to buy 60 C-130J transport aircraft from top U.S. defense contractor Lockheed Martin Corp. (NYSE:LMT - News) as part of five-year contract valued at $4 billion, sources close to the negotiations said on Tuesday.

Under the contract, the Air Force would get 40 stretch fuselage versions of the C-130J, an updated, highly computerized version of the C-130 Hercules -- the most widely used light transport aircraft in the world.

The Marine Corps would receive 20 tanker variants of the C-130J under the contract, which will cover the period through 2008, according to the sources.

By committing to purchasing a larger number of aircraft over several years, the Pentagon was able to trim some $400 million off the cost of the aircraft, if it purchased them in smaller quantities a year at a time, the sources said.

Tom Jurkowsky, a spokesman for the Bethesda, Maryland-based defense company, could not confirm any details, but said the firm was hopeful the U.S. Defense Department (News - Websites) would opt for a multiyear contract, which would save taxpayers money and allow the company to plan its production cycle further out.

The sources, who asked not to be identified, said the agreement had been difficult to finalize, especially given the high cost of a possible war with Iraq.

Navy officials, in particular, were reluctant to make a five-year commitment, the sources said. The Navy handles procurement for the Marines.

Top Pentagon officials, including Comptroller Dov Zakheim, were giving the deal a final examination, with an announcement likely later this week or early next, the sources said.

Jurkowsky said Lockheed has sold 118 C-130Js to date, of which 94 have been delivered. This includes 32 sold to the Air Force, nine to the Marine Corps and 25 to Britain`s Royal Air Force. Denmark, Italy and Australia have also purchased the C-130J transport aircraft, which Jurkowsky described as "a real workhorse of the fleet," capable to performing a variety of missions, including hauling cargo, troops and ammunition.

Jurkowsky acknowledged a report by the Pentagon`s director of operational test and evaluation, Thomas Christie, that concluded the plane has some deficiencies in hardware and could be vulnerable to small arms fire.

He said like any new aircraft model, the C-130J had some problems, but they had been resolved.

"The new variant has a few bugs here and there, but we`ve worked through those problems," he said.

[Gatsby2]

Reuters
Lockheed wins $6 bln contract for F/A-22 fighter
Wednesday March 12, 7:37 pm ET
By Andrea Shalal-Esa


(Adds byline, details, quotes from Lockheed)
WASHINGTON, March 12 (Reuters) - The U.S. Air Force on Wednesday said it awarded top U.S. defense contractor Lockheed Martin Corp. (NYSE:LMT - News) a contract worth up to $6 billion to provide upgrades to its $67 billion F/A-22 Raptor stealth fighter program.

The Air Force said the award was a modification to an existing contract and covered a variety of system upgrades aimed at improving the capability and performance of the expensive fighter jet as work on the program continues.

"This is how the Air Force will insert new and improved technology into the F/A-22," said Lockheed spokesman Tom Jurkowsky. "This is really the way the F/A-22 will remain transformational."

The contract covers all upgrades to the F/A-22 through June 2013, the Air Force said, noting funds would be committed as individual delivery orders were issued.

Lockheed and the Air Force are testing the F/A-22 now, and it is scheduled to start initial operations in December 2005.

"The Air Force can issue delivery orders totaling up the maximum amount indicated above, although actual requirements may necessitate less than this amount," it said.

Boeing Co. (NYSE:BA - News), which builds about one-third of the F/A-22, would also get a share of the work, it said.

The Air Force last year added an "A" for "attack" to the name of the plane -- which costs over $99 million apiece -- as it fought to maintain funding for the plane and convince pilots that the aircraft designed during the Cold War to dominate air-to-air combat could also bomb targets on the ground.

LONG TIME COMING

The "A" was intended to emphasize the plane`s ability to attack ground targets like the U.S. F-16s did during the initial phase of the war in Afghanistan.

Work on the Raptor first began during the Cold War in the 1980s, but the program has been plagued by cost overruns and delays, not least because the Air Force has changed its requirements over the years.

The program faced a serious challenge last year, when Defense Secretary Donald Rumsfeld ordered the Air Force to reexamine if it really needed as many of the pricey planes, especially since it is also developing the F-35, or Joint Strike Fighter.

In fact, technologies developed for the F-35 will help pare costs for the F/A-22, according to the Air Force and Lockheed.

But the Air Force argues that the F/A-22 is being built to replace the stealthy F-15 fighter and will have the most advanced avionics and other features available, while the F-35 is being built as a relatively cheap fighter which will also be sold to many other countries, like the F-16.

Jurkowsky also said cost overruns were a thing of the past. "The F/A-22`s performance has been outstanding. It is currently meeting or exceeding all key performance requirements," he said.

The U.S. military has already spent some $24 billion to develop the plane. Now officials have agreed to put a cap of $43 billion on production, forcing Lockheed and the Air Force to work much harder to control costs.

[Gatsby2]

Polen ziert sich wirklich ungeheuer. Sollte dieser Deal gar Bestandteil der unlängst im Pentagon erwogenen Verlegung amerikanischer Truppen nach Osteuropa sein?

Dow Jones Business News
Poland Government Says Lockheed Deal Doesn`t Meet Invest Aims
Thursday March 13, 11:01 am ET


WARSAW -(Dow Jones)- The Polish government said Thursday Lockheed Martin Corp.`s proposed $6.028 billion offset package doesn`t meet its expectations in terms of the target of the investments.
The investment package is designed to offset Poland`s planned purchase of 48 F-16 fighters from Lockheed Martin for $3.5 billion.

In December, Poland chose the U.S. company`s offer in preference to rival bids by Sweden`s Saab AB and the U.K.`s BAE Systems PLC for the Gripen jet, and France`s Dassault Aviation SA for the Mirage 2000.

Although the U.S. package was $1 billion higher than that of its nearest competitor, Saab and BAE Systems, only about a third was in line with Polish priorities of investing in biotechnology, the high-technology sector and infrastructure, government officials said Thursday.

As much as 51% of the package, or $3 billion, was for trade and service orders from local companies, mostly owned by U.S. firms, they said.

"The structure of the package is not quite beneficial from the Polish point of view," Deputy Economy Minister Jacek Piechota, who is supervising the offset talks, told a parliamentary committee. "There`s too little capital involvement in restructuring of the economy and too few technologies offered."

The government recently postponed inking of the jet deal until April to negotiate offset terms, which must be signed two months later.

Piechota said the government has submitted to Lockheed a new package of 74 projects channeling offset funds to projects in the biotechnology, information and high-technology sectors.

Aside from the structure of the package, the legal complexity of offset deal has made talks with Lockheed Martin extremely slow and difficult, Piechota said.

Lockheed Martin has favored an "open" agreement rather than naming detailed projects, which has puzzled Polish negotiators, who would prefer to nail down hard commitments.

Under Polish law, if a company fails to stick to offset commitments, it must pay a penalty of 100% of the investment, which explains Lockheed Martin`s caution.

"We understand that penalties are a key problem for Lockheed. One can imagine a company with $6 billion of potential penalties that is publicly listed," Piechota said.

Another sticky issue is so-called multipliers -the valuation of projects to the economy - attached to each investment.

Poland`s offset committee scaled down Lockheed Martin`s valuation of the package to $6.028 billion from $9.8 billion.

This corresponds with face a nominal value of $5.456 billion and indicates the government used an average multiplier at the low end of the 1-5 range.

Finally, the two sides must agree on choosing an arbitration court to settle disputes that may emerge during 10 years of contract duration.

Poland has been opposing a suggested London court, favoring a court in Vienna, people close to the talks said.

Nevertheless, Poland is unlikely to turn to Saab and BAE Systems to seek an alternative for Lockheed Martin.

"How could we give up commitments of over $1 billion? There`s no issue of getting a $6 billion package, we just have to replace weak projects with good ones," Piechota said.

[Gatsby2]

Reuters
UPDATE - Lockheed wins $4 bln U.S. military C-130J contract
Friday March 14, 5:37 pm ET


WASHINGTON, March 14 (Reuters) - The Pentagon awarded top U.S. defense contractor Lockheed Martin Corp. (NYSE:LMT - News) a six-year, $4.05 billion contract for 60 C-130J aircraft, the U.S. military said on Friday.

The Marietta, Georgia-based aircraft unit of Lockheed Martin will provide to the Air Force 40 stretch fuselage versions of the C-130J, an updated, highly computerized version of the C-130 Hercules -- the most widely used light transport aircraft in the world.

The Marine Corps will get 20 tanker variants of the C-130Js under the contract, which is to be completed by 2009.

Lockheed has already sold 118 C-130Js to date, of which 94 have been delivered. This includes 32 sold to the Air Force, nine to the Marine Corps and 25 to Britain`s Royal Air Force.

Denmark, Italy and Australia have also purchased the C-130J transport aircraft.

Shares of the Bethesda, Maryland-based Lockheed closed up more than 4.5 percent to $45.19.

===============

Reuters
Lockheed CEO bonus falls, gets more stock options
Friday March 14, 3:44 pm ET


NEW YORK, March 14 (Reuters) - Lockheed Martin Corp.`s (NYSE:LMT - News) chief executive saw his combined salary and bonus dip in 2002, but received more restricted stock and reaped a $14.2 million windfall from cashing in stock options, according to a securities filing on Friday.

Bethesda, Maryland-based Lockheed, the largest U.S. military contractor, cut Vance Coffman`s bonus by 13 percent, but awarded the CEO 450,000 options on shares that could be worth $36 million if Lockheed`s stock rises 10 percent a year over the life of the options, which expire in January 2012.

Lockheed shares have climbed about 10.6 percent a year since 1995, when Lockheed Corp. bought Martin Marietta Corp.

The options can be exercised for $50.40 each. Lockheed shares were up $1.98 to $45.17, in late-afternoon trading on the New York Stock Exchange (News - Websites).

Coffman, Lockheed`s CEO since 1997, also received $3.7 million in restricted stock, up from $1.3 million in 2001.

Coffman`s compensation "is consistent with our philosophy, which rewards executives for sustained short-term and long-term performance and for total return to stockholders, as well as taking into account experience and time in position," Lockheed said in the proxy filed with the Securities and Exchange Commission (News - Websites).

The 58-year-old`s base salary rose to $1.55 million from $1.41 million, a gain of about 9 percent, as the leading builder of fighter jets met or exceeded financial targets.

Coffman`s bonus dipped to $2.6 million from $3 million.

Additionally, Coffman reaped a $14.16 million gain from exercising options to buy 360,000 shares last year.

Lockheed posted a $500 million net profit in 2002 on sales of $26.6 billion.

The company said it secured eight international partners for the Joint Strike Fighter, among other accomplishments.

[junkstro]

BUSINESS NEWS April 2, 2003



Fitch upgrades Lockheed Martin`s outlook
2003-04-01 12:20:48 EST

NEW YORK, April 1 (Reuters) - Fitch Ratings on Tuesday upgraded its rating on defense company Lockheed Martin , citing a significant reduction of its near-term debts and its overall positive outlook on its defense and government businesses.

"LMT`s low exposure to commercial markets currently distinguishes the company from many of its aerospace peers," Fitch said.

The agency also indicated that Lockheed would be one of the main beneficiaries of the government`s 2003 defense budget.

Fitch said it raised its rating on Lockheed`s debt to BBB+ from BBB, with its outlook on the company changed to stable from positive

[junkstro]

Lockheed Martin Receives $96 Million Contract
02.04. / 22:02





DALLAS, April 2 /PRNewswire-FirstCall/ -- Lockheed Martin has received a $96.4 million contract to commence Low-Rate Initial Production (LRIP) of the High Mobility Artillery Rocket System (HIMARS) for the U.S. Army and Marine Corps. HIMARS, viewed as a transformational capability that will support lighter, more mobile fighting forces, received approval from the Army Systems Acquisition Review Council (ASARC) to transition from testing to production in March 2003.

During LRIP the Army plans to buy 89 HIMARS launchers and the Marines will buy four launchers. Total joint procurement of the system is expected to be more than 900 launchers, which can accommodate the entire family of Multiple Launch Rocket System (MLRS) munitions, including the Army Tactical Missile System (ATACMS) missile and Guided MLRS rocket. The First Unit Equipped (FUE) is on schedule for early calendar year 2005.

"We move forward into HIMARS production focused on delivering the highest quality product that meets the vision and needs of our customers in the U.S. Army and Marine Corps," said Ron Abbott, Lockheed Martin vice president of Tactical Missiles. "HIMARS is C-130 transportable, supports existing and new munitions, and meets all of the requirements of the Objective Force System."

Because of its C-130 transportability, HIMARS can be deployed into areas previously inaccessible to larger launchers. It also incorporates the self- loading, autonomous features that have made MLRS the premier rocket artillery system in the world. HIMARS carries a single six-pack of MLRS rockets, or one ATACMS missile. Its fire control system, electronics and communications units are interchangeable with the existing MLRS M270A1 launcher, and the crew and training are the same.

Additionally, HIMARS will be capable of launching the new Guided MLRS, the next major step in the evolution of the MLRS Family of Munitions, offering advanced capabilities, reduced logistics support and precision attack. Designed to enable troops to engage and defeat artillery, air defense concentrations, trucks, light armor and personnel carriers, as well as support troop and supply concentrations, after launching, HIMARS can move away from the area at high speed before enemy forces are able to locate the launch site.

Lockheed Martin Missiles and Fire Control develops, manufactures and integrates world-class air defense, fire support, strike weapon, naval munition, combat vision, anti-armor and advanced product solutions and systems for U.S. and international armed forces. Headquartered in Bethesda, Md., Lockheed Martin is a global enterprise principally engaged in the research, design, development, manufacture and integration of advanced technology systems products and services.

For information on Lockheed Martin Missiles and Fire Control, visit: http://www.missilesandfirecontrol.com/

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

Lockheed Martin Missiles and Fire Control

© PR Newswire

[junkstro]

BUSINESS NEWS April 4, 2003



Lockheed gets deal to outfit Japan ship with Aegis
2003-04-03 18:10:37 EST

WASHINGTON, April 3 (Reuters) - The U.S. Navy on Thursday said Lockheed Martin Corp. has been awarded a $164.2 million contract to outfit a Japanese warship with the Aegis airborne threat defense system.

Most of the work would be done in New Jersey and would likely be finished in February 2008, according to the U.S. Department of Defense.

The Aegis system includes the SPY-1 radar, an advanced computer-controlled radar system that can track hundreds of targets while defending against multiple inbound hostile attacks by aircraft or missiles.

Almost a year ago the U.S. Defense Department approved the possible sale of the Aegis system in a deal that could be valued up to $578 million.

Shares of Lockheed Martin closed up 22 cents to $47.88 on the New York Stock Exchange.

..........................................................

Italian Air Force and Lockheed Martin Complete Advanced Aircrew ... Alle Nachrichten

04.04. / 01:13




MARIETTA, Ga., April 3 /PRNewswire-FirstCall/ -- The Aeronautica Militare Italiana (AMI, Italian Air Force), joined by Lockheed Martin , today commemorated the acceptance of its National Training Center (NTC) at Pisa Air Base, Italy. Lockheed Martin led a team comprised of Italian industry in the design, building and completion of the facility.

"The National Training Center will substantially increase the speed with which the Italian Air Force can qualify and train their flight crews to fly the C-130J," said Ross Reynolds, vice president of the C-130J program. "This state-of-the-art facility and the equipment being installed will make the NTC the most advanced aircrew training facility in Europe. In addition, it has been very rewarding to work with our Italian industrial partners throughout this entire project."

Although the AMI NTC primarily will be used to conduct C-130J aircrew and maintenance training, it could be transformed over time to meet the changing needs of the Italian Air Force. The initial technology includes an Operational Flight Trainer (OFT) and a Cockpit Avionics Part Task Trainer (CAPTT) designed and built by CAE at its Tampa, Fla., facility. The building``s design allows for a second OFT to be installed as required in the future. The NTC has been designed to allow room for growth as it includes classroom and training space for other aircraft programs.

The NTC will serve the Aeronautica Militare Italiana as its national facility to train C-130J pilots and crews. Currently, Italy is Europe``s second largest C-130J operator, with a total of 22 aircraft on order. The Italian configuration of the C-130J is among the most sophisticated yet developed for the aircraft. It has a highly advanced suite of communications and defensive systems that include U/VHF combined multiband radios and a laser warning receiver system. In addition, it is the first C-130J "receiver- tanker" built. A receiver-tanker has the ability to both refuel other aircraft as well as being refueled itself during flight -- a true "force multiplier" that provides the operator with greater flexibility in performing strategic or tactical transport missions.

Lockheed Martin Aeronautics Co., headquartered in Fort Worth, Texas, is a leader in the design, development, systems integration, production and support of advanced military aircraft and related technologies. Its customers include the military services of the United States and allied countries throughout the world. Products include the F-16, F/A-22, F-35 JSF, F-117, T-50, C-5, C-130, C-130J, P-3, S-3 and U-2.

Headquartered in Bethesda, Md., Lockheed Martin employs about 125,000 people worldwide and is principally engaged in the research, design, development, manufacture and integration of advanced technology systems, products and services. The corporation reported 2002 sales of $26.6 billion.

For more information on Lockheed Martin Corp., visit: http://www.lockheedmartin.com/ /

For more information on Lockheed Martin Aeronautics Co., visit: http://www.lmaeronautics.com/

Lockheed Martin Aeronautics Company

© PR Newswire

[elagua]

Hat jemand eine Ahnung warum Lockheed heute so fällt?
Keine negativen Nachrichten gefunden!
Antwort wäre nett.
Gruss
elagua
javascript:smilie(``)

[Preiselbeere]

Die Experten der Trading Central sehen gemäß aktueller Chartanalyse in dem Wert weiterhin einen klaren Short-Kandidaten!
http://www.traderbikerboerse.de/forum/showthread.php?postid=…

Demnach habe sich die Aktie in diesem Jahr unterdurchschnittlich entwickelt - und das wird wohl auch so bleiben!