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BREAKING NEWS
LockMart-Built GPS Satellite Declared Operational For Navigation Users Worldwide
Sunnyvale CA (SPX) Dec 02, 2004
The Lockheed Martin- built Global Positioning System satellite, launched successfully Nov. 6 from Cape Canaveral Air Force Station, Fla., has been declared fully operational for military and civilian navigation users around the globe.

Geneva Aerospace Transforms Blimps Into Satellite Communications Links For Army Units
Carrollton TX (SPX) Dec 02, 2004
Blimps are back. By adding Geneva Aerospace's industry-leading unmanned autonomous flight control technologies to blimps, the military soon will have more cost-effective communications capabilities in combat areas.

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Orbit International's Power Unit Segment Receives New Orders
Hauppauge NY (SPX) Dec 02, 2004
Orbit International Wednesday announced that its Power Units Segment, Behlman Electronics, has received several orders totaling over $700,000 for Commercial-Off-The-Shelf (COTS) power supplies used for U.S. Naval aircraft and shipboard applications.

Griffon Subsidiary Announces Contracted For Maritime Surveillance Radar
Farmingdale NY (SPX) Dec 02, 2004
Telephonics Corporation, a wholly owned subsidiary of the Griffon Corporation, has announced contract awards in excess of $4.1 million for delivery of multiple maritime surveillance radar systems.

L-3 Communications To Acquire General Dynamics Propulsion Systems
New York NY (SPX) Dec 02, 2004
L-3 Communications announced Tuesday that it has agreed to acquire the Propulsion Systems business unit of General Dynamics for $185 million in cash. Propulsion Systems is expected to add approximately $155 million to L-3's sales in 2005 and be accretive to L-3's results of operations. The acquisition is expected to be completed in the first quarter of 2005.

BAE Systems Signs International Agreement With MiKES Of Turkey
Nashua NH (SPX) Dec 02, 2004
BAE Systems North America recently signed a Memorandum of Agreement (MOA) with MiKES, Ankara, Turkey, for the F-35 Joint Strike Fighter (JSF) program.

Hypres To Build DoD's First Ruggedized, Compact Cryocooler For JTRS Program
Elmsford NY (SPX) Dec 02, 2004
Hypres has been selected by the U.S. Department of Defense to design, build, and test the military's first prototype ruggedized, compact, tactical cryocooler and cryopackage capable of supporting superconducting digital operations in combat communications systems.

Ceradyne Receives Ceramic Body Armor Orders Totaling $6.4 Million
Costa Mesa CA (SPX) Dec 02, 2004
Ceradyne announced the receipt of two orders totaling $6.4 million for the Company's ceramic body armor systems used to protect certain elite U.S. military personnel. These orders are projected to be shipped during the first nine months of 2005.

Raytheon Awarded $48 Million JSOW-A Contract Modification
Tucson AZ (SPX) Dec 02, 2004
The U.S. Navy has awarded Raytheon a $48 million modification to a previously awarded contract for Joint Standoff Weapon (JSOW-A).

Rolls-Royce Wins Republic Of Korea Navy Order
Chantilly VA (SPX) Dec 02, 2004
Rolls-Royce has won an order worth more than $40 million to supply nine gas turbines for the Republic of Korea Navy's KDX III destroyer program.

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