Northrop Grumman's Nora Lin Installed as President of the Society of Women Engineers

Northrop Grumman's Nora Lin Installed as President of the Society of
Women Engineers
July 31, 2009

LOS ANGELES, July 31, 2009 - Northrop Grumman Corporation's (NYSE:NOC) Nora Lin has been installed as FY10 president of the Society of Women Engineers (SWE). Lin has held various leadership positions within the organization at local, regional and national levels. She also works closely with and supports the SWE collegiate sections.

"I am honored to be leading this organization that empowers
women to succeed and advance in the field of engineering," said Lin.
"SWE has helped position engineering as a highly desirable career to
women through an array of training and development programs, networking
opportunities, scholarships, outreach and advocacy activities. I'm also
deeply gratified to see an increase in SWE membership and participation
at the SWE national conference within Northrop Grumman."

Lin has broad working experience in engineering for more than 26
years in the defense industry and has worked at Northrop Grumman's
Rolling Meadows, Ill., facility for the past 16 years. She started her
career as an associate scientific programmer and later became a
software engineering technical lead/manager. She led engineering teams
in the development of relational database applications and real-time
software for several military programs. Since 2002, Lin has been the
manager of the Supportability Engineering group. In addition, she led
her site's Capability Maturity Model Integration (CMMI(r)) initiative
and obtained the accreditation of CMMI Maturity Level 3 rating for
Systems and Software Engineering at Rolling Meadows in 2007. She
continues to support the CMMI initiative and prepare the site to pursue
a higher maturity level.

Lin has held the following positions within SWE:
President-Elect, Director of Regions, Region H Governor, Section
Vitality Task Force Chair, Region H Deputy Director, Leadership Coach,
SWE-Chicago Regional Section's President, Vice President and Treasurer.
In 2003 she initiated the creation of a company-wide Northrop Grumman
Women Engineers group and served as the first chair.

Lin was a recipient of the Career Achievement Award at the Women
of Color in Technology Conference in 2008. She also received the Asian
American Engineer of the Year Award in 2009. In addition, she has
received numerous awards and recognitions from SWE local section and
Region H.

Lin earned a Bachelor of Science degree in physics at Chung Yuan
Christian College of Science and Engineering in Taiwan and earned a
master's degree in physics from the University of Alabama at
Birmingham. Northrop Grumman colleagues Suzanne Jenniches and Alma
Martinez Fallon are past SWE presidents.

Northrop Grumman Corporation is a leading global security
company whose 120,000 employees provide innovative systems, products,
and solutions in aerospace, electronics, information systems,
shipbuilding and technical services to government and commercial
customers worldwide.

# # #

Technorati Tags:
Northrop Grumman (NYSE:NOC)

Raytheon Standard Missile-3 Achieves 15th Hit-To-Kill Intercept in Space

Raytheon Standard Missile-3 Achieves 15th Hit-To-Kill Intercept in Space
July 31, 2009

PACIFIC MISSILE RANGE FACILITY, KAUAI, Hawaii, July 31, 2009 - A Raytheon Company (NYSE: RTN) Standard Missile-3 destroyed a short-range ballistic missile target in space July 30. The test marked the 15th hit-to-kill intercept for SM-3 and the 19th missile intercept of the Aegis Ballistic Missile Defense program.

"SM-3 is a mature and proven solution for defeating threat ballistic missiles," said Dr. Taylor W. Lawrence, Raytheon Missile Systems president. "This intercept proved once again that SM-3 is the right choice for protecting the U.S. and its allies against the growing ballistic missile threat."

The target ballistic missile was launched from the U.S. Navy's Pacific Missile Range on Kauai while the crew of the guided missile destroyer USS Hopper (DDG-70) fired the SM-3.

SM-3 is being developed as part of the Missile Defense Agency's sea-based Aegis Ballistic Missile Defense System. The missiles are deployed on U.S. Aegis cruisers and destroyers and Japanese destroyers to defend against short- to intermediate-range ballistic missile threats in the ascent and midcourse phases of flight. Raytheon also is developing the kinetic warhead for SM-3.

Raytheon Company, with 2008 sales of $23.2 billion, is a technology and innovation leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 87 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as a broad range of mission support services. With headquarters in Waltham, Mass., Raytheon employs 73,000 people worldwide.

Note to Editors:
Standard Missile-3 hit-to-kill successes:

Jan. 22, 2002
June 13, 2002
Nov. 21, 2002
Dec. 11, 2003
Feb. 24, 2005
Nov. 17, 2005
June 22, 2006
April 26, 2007
June 22, 2007
Nov. 6, 2007 (2 simultaneous kills)
Dec. 17, 2007
Feb. 20, 2008 (satellite intercept)
July 30, 2009

Technorati Tags:
BMD (Ballistic Missile Defence), Raytheon (NYSE:RTN)

Lockheed Martin Aegis BMD Weapon System Intercepts Ballistic Missile Target, Successfully Tests New Capabilities

Lockheed Martin Aegis BMD Weapon System Intercepts Ballistic Missile Target, Successfully Tests New Capabilities
July 31, 2009

MOORESTOWN, N.J., July 31 - Lockheed Martin's (NYSE: LMT) Aegis Ballistic Missile Defense (BMD) System today destroyed a ballistic missile target in an at-sea firing under operationally realistic conditions. The event also successfully demonstrated two new capabilities on other ships. These tests mark the continued successful engineering development of the next generational upgrade in Aegis BMD capability.

The Aegis BMD system on USS HOPPER (DDG-70) detected and tracked the ballistic missile target, and computed a targeting solution to guide an SM-3 Block IA missile to a successful exo-atmospheric (outside the atmosphere) intercept.

Nearby on the testing range, USS LAKE ERIE (CG-70) tracked the ballistic missile target and the post-intercept debris with an advanced BMD signal processor. The processor provides additional target discrimination capability and is part of the new Aegis BMD baseline 4.0.1, which was installed on USS LAKE ERIE in June for testing and certification. Aegis BMD 4.0.1 builds on earlier versions of the system that are operationally certified by the U.S. Navy and deployed in the Fleet. Over the next year, USS LAKE ERIE will complete a series of tests, leading up to full operational certification of the upgraded Aegis BMD 4.0.1 system in early 2011.

Also nearby, USS O'KANE (DDG-77) used a prototype kill assessment system and a modified Mk 99 fire control system to collect telemetry data for improved post-mission analysis. The kill assessment system provides a video link from the SM-3's kill vehicle. The video feed is combined with radar data to confirm that an intercept occurred and that the intended target was destroyed.

Immediately following the first mission, USS LAKE ERIE (CG-70) conducted another successful tracking exercise against a second ballistic missile target, while the USS HOPPER and USS O'KANE both executed simulated engagements against the target. No intercept was planned or attempted.

The Missile Defense Agency and the U.S. Navy are jointly developing Aegis BMD as part of the United States' Ballistic Missile Defense System (BMDS). Recently the Navy's independent operational test agent assessed the Aegis BMD and SM-3 Block IA system to be operationally effective and operationally suitable. Currently, a total of 20 Aegis BMD-equipped warships - 18 in the U.S. Navy and two in the Japanese Maritime Self-Defense Force - have the certified capability to engage ballistic missiles and perform long-range surveillance and tracking missions. Three additional U.S. East Coast-based Aegis-equipped ships are being modified to perform ballistic missile defense in the next six to 12 months.

The Aegis Weapon System is the world's premier naval defense system and the sea-based element of the U.S. Ballistic Missile Defense System. Its precision SPY-1 radar and integrated command and control system seamlessly guides the interceptor and uplinks target track information to the missile for terminal homing. Its ability to detect, track and engage targets ranging from sea-skimming cruise missiles to ballistic missiles in space is proven and unmatched. The Aegis BMD Weapon System also integrates with the BMDS, receiving track data from and providing track information to other BMDS elements.

The 91 Aegis-equipped ships currently in service around the globe have more than 950 years of at-sea operational experience and have launched more than 3,500 missiles in tests and real-world operations. In addition to the U.S. and Japan, Aegis is the maritime weapon system of choice for Australia, Norway, South Korea and Spain.

Lockheed Martin is a world leader in systems integration and the development of air and missile defense systems and technologies, including the first operational hit-to-kill missile defense system, Patriot Advanced Capability-3 (PAC-3). It also has considerable experience in interceptor systems, kill vehicles, battle management command, control and communications, precision pointing and tracking optics, as well as radar and other sensors that enable signal processing and data fusion. The company makes significant contributions to nearly all major U.S. Missile Defense Systems and participates in several global missile defense partnerships.

Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 146,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation reported 2008 sales of $42.7 billion.

Technorati Tags:
BMD (Ballistic Missile Defence), Lockheed Martin (NYSE:LMT), Naval Systems

Raytheon Secures Prime Development Contract for Advanced Airborne Sensor

Raytheon Secures Prime Development Contract for Advanced Airborne Sensor
July 31, 2009

DALLAS, July 31, 2009 - The U.S. Navy has awarded a multi-year contract authorizing Raytheon Company (NYSE: RTN) to begin development of the Advanced Airborne Sensor, the follow-on to the Littoral Surveillance Radar System (LSRS).

The AAS program will equip the P-8A Poseidon, the Navy's next patrol maritime aircraft. LSRS is currently operational on Navy P-3C Orions; the AAS will provide airborne radar surveillance with next-generation line-of-site capability.

Awareness and action are critical not only to today's mission, but the ever changing threats of tomorrow. "We will be ready with intelligent technology when the Poseidon takes its place as the Navy's ISR capability in the fleet," said Capt. Scott Anderson, LSRS and AAS program manager.

As the sensor prime contractor, Raytheon will oversee the mission systems integration, consisting of the development, production and installation of the AAS on the Poseidon. Raytheon will work closely with its associate prime contractor, Boeing, for engineering, aircraft modifications, integration and flight test.

"This is a major leap in technology in support of our customer's missions," said Tim Carey, vice president for Intelligence, Surveillance and Reconnaissance Systems. "As the demand for Intelligence, Surveillance and Reconnaissance systems increases, we are proud to provide our customers with ISR capabilities that are recognized around the world."

By maximizing the incorporation of Commercial Off-The-Shelf (COTS) technologies, the AAS will be highly supportable, maintainable, scalable and upgradeable, reducing unit production and life cycle costs.

Raytheon also provides continuing mission support of Navy operations, logistics and sustaining engineering of LSRS through a previously awarded multi-year performance-based contract.

Raytheon Company, with 2008 sales of $23.2 billion, is a technology and innovation leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 87 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as a broad range of mission support services. With headquarters in Waltham, Mass., Raytheon employs 73,000 people worldwide.

Technorati Tags:
Contract win, P-8A Poseidon, Raytheon (NYSE:RTN)

Lockheed Martin Offers Survey for Stockholder Feedback on Executive Compensation

Lockheed Martin Offers Survey for Stockholder Feedback on Executive Compensation
July 31, 2009

BETHESDA, Md., July 31 - Lockheed Martin Corporation (NYSE: LMT) today announced that it is conducting an online survey of stockholders to obtain feedback on its executive compensation practices. The survey results will be reviewed by the Management Development and Compensation Committee of the Company's Board of Directors.

The survey will be available for stockholders to complete through December 20, 2009 on the Lockheed Martin Investor Relations homepage. The 2009 Lockheed Martin Proxy Statement is linked to the survey for stockholders to reference while taking the survey.

Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 146,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation reported 2008 sales of $42.7 billion.

Technorati Tags:
Financial Results, Lockheed Martin (NYSE:LMT)

Northrop Grumman Completes Structural Assembly of the First Euro Hawk(r) Unmanned Aircraft for Germany

Northrop Grumman Completes Structural Assembly of the First Euro
Hawk(r) Unmanned Aircraft for Germany
July 31, 2009

SAN DIEGO – July 31, 2009 – Northrop Grumman Corporation
(NYSE:NOC) has finished assembling the first Euro Hawk(r) unmanned
aircraft system (UAS) for the German Ministry of Defence (MoD). With a
wing span larger than a commercial airliner and endurance projected at
up to 30 hours, the Euro Hawk(r) will serve as the German Air Force's
high-altitude, long-endurance signals intelligence (SIGINT) system.

The Euro Hawk(r) is a derivative of the Block 20 Global Hawk,
and will be equipped with a new SIGINT mission system developed by EADS
Defence & Security (DS). The SIGINT system provides standoff capability
to detect electronic intelligence radar and communications intelligence
emitters. EADS DS will also provide the ground stations that will
receive and analyze the data from Euro Hawk(r) as part of an integrated
system solution.

"This on-time assembly of the Euro Hawk(r) demonstrator
reinforces our commitment to providing ground-breaking technology to
our customers and solidifies our transatlantic cooperation with Germany
and EADS DS," said Jim Kohn, Northrop Grumman Euro Hawk(r) program
director. "We're also on track for the Euro Hawk(r) unveiling later
this year at our Palmdale, Calif. manufacturing facility after
additional checkout and systems testing, followed by first flight and
delivery in 2010 in Germany."

Following successful testing and introduction in German
operational service, Northrop Grumman anticipates subsequent systems
will be delivered between 2016 and 2017. The Euro Hawk(r) will replace
the aging fleet of Breguet Atlantic aircraft, which have been in
service since 1972.

"We're eager to receive the Euro Hawk(r) and can't wait to have
this unmatched capability flying high above European skies at more than
60,000 feet and improving our troops' safety during military
deployments," said Heiko Weiss, Euro Hawk program manager of the German
Federal Office for Defence Technology and Procurement. "Developed to
meet Germany's need for airborne wide-area surveillance and
reconnaissance, this system will surely transform the region's
situational awareness on land, air, and sea."

"This collaborative effort between Northrop Grumman and EADS DS
on this first Euro Hawk(r) is a great success and an excellent example
of our transatlantic partnership," said Heinz-Juergen Rommel, chief
executive officer of the EuroHawk GmbH. "We are excited to welcome this
magnificent UAS here in Germany."

On Jan. 31, 2007, the German MoD awarded a $559 million
contract to EuroHawk GmbH, a 50-50 joint venture company formed by
Northrop Grumman and EADS, for the development, test and support of the
Euro Hawk(r) unmanned SIGINT surveillance and reconnaissance system.
Under the contract, EuroHawk GmbH will also provide aircraft
modifications, mission control and launch and recovery ground segments,
flight test and logistics support.

EuroHawk GmbH is the national prime contractor for the German
MoD through the entire lifecycle of the Euro Hawk(r) system. The
limited liability company is based in Immenstaad, Germany.

Northrop Grumman Corporation is a leading global security
company whose 120,000 employees provide innovative systems, products,
and solutions in aerospace, electronics, information systems,
shipbuilding and technical services to government and commercial
customers worldwide.

# # #

Technorati Tags:
Northrop Grumman (NYSE:NOC), UAV (Unmanned Aerial Vehicles)

New batch of Typhoon aircraft announced

New batch of Typhoon aircraft announced

An Equipment and Logistics news article
July 31, 2009

Minister for Defence Equipment and Support, Quentin Davies, has today, Friday 31 July 2009, announced the order of a further 40 multi-role Typhoon aircraft for the Royal Air Force.

In the £3bn contract the additional Tranche 3 standard Typhoon aircraft, which each have a payload including a maximum of eight air-to-air weapons and up to six air-to-surface weapons, will be based at RAF Coningsby in Lincolnshire and at RAF Leuchars in Fife, Scotland.

The contracts for the 40 aircraft include 24 replacements for aircraft already on order for the RAF under contracts placed in 2004, which were diverted to satisfy exports to Saudi Arabia, along with an additional 16 aircraft.

The first of the new aircraft is expected to enter service with the Royal Air Force in 2013.

Minister for Defence Equipment and Support, Quentin Davies, said:

"This is excellent news for both our Armed Forces and UK industry and represents another major milestone for the Typhoon programme. Typhoon is an outstandingly capable, state-of-the-art aircraft with the flexibility to contribute across a wide range of operations delivering air superiority and precision ground attack.

"This order builds upon the success of the in-service Typhoon force, which now numbers some 56 aircraft, which are demonstrating outstanding performance in operation with the RAF.

"These contracts form part of what is thought to be the largest defence programme ever enacted in Europe, reflecting the successful and continuing co-operation between the four partner nations and European industry.

"The contracts have also enabled partner nations to programme significant through-life support savings. For the UK this is of the order of £900m."

The 40 Tranche 3 aircraft will be equipped for electrical, cooling and computing power to deal with projected high-technology future updates, such as new radar and new weapons, to maintain its combat edge over predicted and emerging threats.

The airframe will also accommodate future installation of additional fuel tanks mounted on the fuselage to greatly increase range and endurance.

Air Chief Marshal Sir Stephen Dalton, incoming Chief of the Air Staff, said:

"Today's contract signature is a significant step towards the RAF building a credible and capable multi-role fleet of Typhoons in support of the UK's defence requirements well out into the second and third decades of the 21st century.

"Typhoon is already proving to be a highly effective multi-role aircraft, with huge long-term growth potential. Whether conducting close air support, precision attack or air superiority operations, Typhoon, together with the Joint Strike Fighter, will provide the UK with a world-beating and adaptable fast jet force that is configured for whatever challenges we may face in the years ahead."

The contract will ensure continued work for some 15,000 people in the UK who work full-time on the building and equipping of the aircraft out to the middle of the next decade.

BAE Systems will assemble the new jets at its existing production line at Warton in Lancashire, supported by key sub-contractors across the UK, including Selex in Edinburgh (for the radar). The jet engines will be manufactured by Rolls-Royce in Bristol.

Technorati Tags:
Royal Air Force (RAF), UK Ministry of Defence

Rise of the robot warplanes

Rise of the robot warplanes

An Equipment and Logistics news article
July 31, 2009

The Ministry of Defence's London headquarters yesterday, Thursday 30 July 2009, hosted an exhibition of the latest Unmanned Air Systems (UAS) giving military and civilian staff a chance to gather their own intelligence on the future of military aviation. Report by Shell Daruwala.

Last week marked the centenary of aviation pioneer Louis Bleriot's 1909 first powered flight across the English Channel. Today, the Ministry of Defence has signed a contract for the third phase of Typhoon - an aircraft so advanced that it takes a hugely complex suite of on-board computers just to keep it in the sky.

Simultaneously, in the skies over Afghanistan, battlefield commanders' need for high quality round-the-clock real-time aerial intelligence is driving forward the development of a new breed of aircraft - the Unmanned Air Systems; autonomous robot planes which many believe could replace manned combat aircraft altogether within a generation.

Cambridge and Harvard alumnus Quentin Davies, Minister for Defence Equipment and Support, is clear about where he lies on the subject:

"My own working assumption is that although we certainly need the manned combat aircraft, and are investing in some very good ones at the moment; we hope to sign the contract for the third phase of Typhoon [today] and, as you know, we are purchasing the first three JSF [Joint Strike Fighter] aircraft to take part in the training, testing and evaluation phase of that, and that will take us through to the 2030s, but beyond that I think the name of the game will be UAVs [Unmanned Aerial Vehicles]," he said.

Surrounded by display stands with life-sized and scale models of a futuristic squadron of exotically-named aircraft (Hermes, Zephyr, Mantis, Taranis, HERTI...) that appear to have come straight from the set of a sci-fi movie, it is difficult to ground yourself in the reality that some of these systems are already proving their worth in theatre.

Lockheed Martin's Desert Hawk III, operated by the Royal Artillery, is a relatively low-cost, hand-launched mini-UAS used for short-range, low-altitude intelligence-gathering, surveillance, target acquisition and reconnaissance (ISTAR) capable of being operated day or night from a portable ground control station.

Also operated by the Royal Artillery is the Elibit Systems Hermes 450, a medium-sized, medium-altitude UAV capable of remaining airborne for over 20 hours at a time, sending ISTAR information to battlefield commanders on the ground.

Hermes is due to be replaced by the Watchkeeper UAS in 2010. Based on the Hermes, Watchkeeper brings a de-icing capability allowing it to fly for longer periods through the winter months and will be fitted with an advanced Synthetic Aperture Radar (SAR) able to produce incredibly detailed imagery of the area of operations below.

The now infamous Reaper Hunter/Killer UAV is operated jointly between the Royal Air Force and the United States Air Force. It is currently the UK's only UAS capable of locating and engaging enemy targets on the ground.

Reaper's payload is impressive and the UAV is able to carry various combinations of smart weapons including Hellfire missiles and laser-guided bombs.

These are just three examples of UAS already in service.

Some of the more advanced UAS such as BAE Systems HERTI (High Endurance Rapid Technology Insertion) are able to carry out on board image comparison, alerting operators to potential areas of interest. This helps to swiften the analysis of the high volumes of data gathered during a single flight.*

One of the more advanced systems at yesterday's event was QinetiQ's spindly, solar-powered Zephyr high-altitude long-endurance (HALE) UAV, which, in August 2008, completed an 82-hour flight, unofficially breaking the record for the longest unmanned flight. QinetiQ is developing the Zephyr to operate at altitudes in excess of 55,000 feet (16,800m) for months at a time. A QinetiQ spokesman said:

"Zephyr is able to be fitted with a lightweight comms relay, effectively allowing it to act as a low-altitude satellite for battlespace communications."

Through Government co-operation with industry partners such as QinetiQ, BAE Systems, Lockheed Martin and Thales, the Defence Equipment and Support (DE&S) UAS Team has invested millions of pounds in the development of future UAS:

"Almost all the systems on display here today have had some UK Government funding and we're on contract for quite a number of them," said Mr Davies.

"We've got to work out the right solutions to the UAVs of the future and, quite clearly, that requires partnership. We really need to get the benefit of insights which industry have and, conversely, they need to know the lines along which we are thinking and what our specifications are going to be."

Some of the fruit of these partnerships, like the addition of SAR to the Watchkeeper, will be ready to support battlefield commanders in the near future. Others, such as Taranis - a concept project designed to test the realms of possibility for UAV technology - may never see service.

But Quentin Davies is certain that the investments being made today are laying the foundations for the future of military aviation technology:

"Unmanned Air Systems go the whole range from purely tactical systems like, for example, Desert Hawk... which provides wonderful situational awareness to infantry deployed on the ground in dangerous situations, right the way through to [systems such as Mantis and Taranis] which really are the future of combat aircraft," he said.

"I think most people would agree that [the Lockheed Martin Joint Strike Fighter or Joint Combat Aircraft as it will be known here in the UK] is likely to be the last manned combat aircraft and so future bombers and future interceptors and so forth in 20 or 30 years time will all be a result of the kind of investment which you're seeing in this technology today.

"We shall be able to save the weight currently involved in having a pilot with an ejector seat and various systems that pilots have to have - we shall achieve greater endurance as a result, because pilots can't sit around for 18 hours or three days in an aircraft. We shall achieve many advantages from UAVs, but we are a very long way from being in a position today where we can replace manned combat aircraft systems with UAVs, but we must work on these things, we must invest in these things, and what you see here is a reflection of what we're doing."

* Correction to original copy - Reaper does not currently have the technology to make autonomous decisions on what information to send back to its operators.

Technorati Tags:
UAV, UK Ministry of Defence

Raytheon, SafeNet Demonstrate Cybersecure Networking Solution for U.S. Army

Raytheon, SafeNet Demonstrate Cybersecure Networking Solution for U.S. Army
July 30, 2009

Information assurance solution delivers secure communications

MARLBOROUGH, Mass., July 30, 2009 - Raytheon Company (NYSE: RTN) and SafeNet Inc. recently partnered to demonstrate a new technology that secures radio communication among warfighters.

Raytheon exhibited its DragonFire family of radios with SafeNet's Type 1 encryptor at the U.S. Army Cryptographic Modernization Technology Day in June 2009 at Fort Monmouth, N.J. Together these technologies provide secure streaming video and data, in a mobile ad hoc network environment, on various platforms such as fixed and rotary wing aircraft, light armored vehicles and fixed locations.

Type 1 qualification is provided by the National Security Agency and authorizes equipment for handling classified data.

"This cybersecurity solution addresses a critical need in current military communications by allowing only authorized users to communicate in a secure network environment," said Jerry Powlen, vice president, Network Centric Systems Integrated Communications Systems. "Raytheon leverages more than 20 years' experience designing and building crypto-enabled solutions to provide the warfighter the most secure technology."

"SafeNet has more than 25 years of leadership developing advanced encryption solutions for technologies like the DragonFire radios," said Jim Summers, corporate vice president and general manager, SafeNet's Government Enterprise Data Protection Division. "With SafeNet's world-class team of encryption engineers, we continue to develop innovations for tomorrow's critical government needs."

In 2007, SafeNet was acquired by Vector Capital, a $2 billion private equity firm. Vector Capital acquired Aladdin in March 2009, and placed it under common management with SafeNet. Together, these leading global companies are the third largest information security company in the world. SafeNet's encryption technology solutions protect communications, intellectual property and digital identities for enterprises and government organizations. SafeNet has more than 25 years of security expertise in more than 100 countries around the world. For more information, visit www.safenet-inc.com

Raytheon Company, with 2008 sales of $23.2 billion, is a technology and innovation leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 87 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control communications and intelligence systems, as well as a broad range of mission support services. With headquarters in Waltham, Mass., Raytheon employs 73,000 people worldwide.

Technorati Tags:
Information Technology, Raytheon (NYSE:RTN), US Army

Lockheed Martin-Built Trident II D5 Missile Achieves 127 Successful Test Flights

Lockheed Martin-Built Trident II D5 Missile Achieves 127 Successful Test Flights
July 30, 2009

SUNNYVALE, Calif., July 30 - The U.S. Navy supported the May 26 launch of a U.K. Royal Navy Trident II D5 Fleet Ballistic Missile (FBM) built by Lockheed Martin (NYSE: LMT). The unarmed missile was launched from the submerged Royal Navy submarine HMS Victorious (UK SSBN 06) in the Atlantic Ocean. The Trident II D5 missile now has achieved 127 consecutive successful test flights since 1989 - a record unmatched by any other large ballistic missile or space launch vehicle.

"This performance has been achieved in tests conducted by the U.S. Navy and the Royal Navy over the past two decades," said Melanie A. Sloane, vice president of Fleet Ballistic Missile programs, Lockheed Martin Space Systems Company, the Trident missile prime contractor. "The cooperation of both governments, supported by industry, provides a credible strategic deterrent."

The test was part of a Demonstration and Shakedown Operation following an overhaul of the submarine. For the test, a missile was converted into a test configuration using a test missile kit produced by Lockheed Martin that contains range safety devices and flight telemetry instrumentation.

First deployed in 1990, the D5 missile is currently aboard U.S. Navy OHIO-class and Royal Navy VANGUARD-class submarines. The three-stage, solid-propellant, inertial-guided ballistic missile can travel a nominal range of 4,000 nautical miles and carries multiple independently targeted reentry vehicles.

Lockheed Martin Space Systems Company, Sunnyvale, Calif., is the prime contractor and program manager for the Trident missile. Lockheed Martin provides program management and engineering services for the United Kingdom's Trident II D5 Fleet Ballistic Missile program through an annual contract funded by the U.K. Royal Navy, with work performed at facilities in the United States and the United Kingdom. For the period from April 1, 2009, through March 31, 2010, Lockheed Martin has been awarded a contract of $21.3 million contract for United Kingdom technical services in support of the Trident Missile System.

Lockheed Martin Space Systems has been the U.S. Navy's prime strategic missile contractor since the inception of the program more than 50 years ago. Since 1968, Lockheed Martin has provided program support to the Royal Navy under the terms of the 1963 U.S.-U.K. Polaris Sales Agreement, which was modified in 1982 to provide for the Trident II D5 ballistic missile system.

Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 146,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation reported 2008 sales of $42.7 billion.

Technorati Tags:
Lockheed Martin (NYSE:LMT), Nuclear Deterrent, Royal Navy

Raytheon Partners with ICOP Digital, Inc. to Market Mobile Video Solutions

Raytheon Partners with ICOP Digital, Inc. to Market Mobile Video Solutions
July 30, 2009

RALEIGH, N.C., July 30, 2009 - Raytheon Company (NYSE: RTN) has partnered with ICOP Digital, Inc. (NASDAQ: ICOP) to market mobile video solutions to its public safety, transportation and military customers. Available immediately, the solutions provide high-quality video and audio to mitigate risks, reduce losses and improve safety and security.

"This partnership demonstrates our steadfast commitment to providing our customers with assured solutions and integrated system support for reliable performance," said William Iannacci, director of Raytheon's Civil Communications Solutions. "We'll work together to make certain our customers have the best mobile video solutions available to keep them and their communities safe."

Under the agreement, Raytheon will sell mobile video solutions including a ruggedized, in-dash recording system ideal for public safety and a larger solution designed with the flexibility and extended coverage required for mass and public transit. A live streaming video option will allow the viewing and sharing of live video for real-time situational awareness and support.

"We are honored that Raytheon chose us as its mobile video solutions provider," said Dave Owen, chairman and CEO of ICOP Digital, Inc. "This is a great opportunity for us to leverage Raytheon's market presence, unmatched customer support and expertise as a systems integrator to get our solutions in vehicles around the world."

ICOP Digital, Inc. is a leading provider of mobile video solutions for law enforcement, fire, EMS, military and transportation markets worldwide. The company protects people, assets and profits through its surveillance and communications solutions for public and private sectors. For more information, please visit http://www.ICOP.com.

Raytheon Company, with 2008 sales of $23.2 billion, is a technology and innovation leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 87 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as a broad range of mission support services. With headquarters in Waltham, Mass., Raytheon employs 73,000 people worldwide.

Note to Editors:

JPS Communications, Inc., now a part of Raytheon's Civil Communications Solutions, entered into the agreement with ICOP Digital, Inc.

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Information Technology, Raytheon (NYSE:RTN)

General Dynamics Reports Strong Performance in Second Quarter 2009

General Dynamics Reports Strong Performance in Second Quarter 2009

July 29, 2009

GENERAL DYNAMICS
- Operating earnings rise 2.6 percent
- Revenues increase 10.9 percent
- Full-year EPS guidance raised

FALLS CHURCH, Va., July 29 - General Dynamics (NYSE: GD) today reported second-quarter 2009 earnings from continuing operations of $621 million, or $1.61 per share on a fully diluted basis, compared to 2008 second-quarter earnings from continuing operations of $641 million, or $1.60 per share fully diluted. The second-quarter 2008 results included a one-time 9-cent-per-share tax benefit. Revenues in the most-recent quarter grew to $8.1 billion, increasing 10.9 percent over second quarter 2008 revenues of $7.3 billion. Operating earnings in the second quarter of 2009 grew by 2.6 percent over the previous year's performance to $945 million.

Net earnings for the second quarter of 2009 were $618 million, compared to $641 million in the year-ago period. Net earnings on a per-share, fully diluted basis were $1.60 in the current quarter, unchanged year-over-year.

For the first six months of 2009, revenues were $16.4 billion, compared with $14.3 billion in the first half of 2008. Half-year earnings from continuing operations and net earnings were unchanged year-over-year at $1.2 billion. Earnings per share from continuing operations on a fully diluted basis for the first six months of 2009 were $3.14 per share, an increase of 4.3 percent when compared to 2008.

Margins
Each of the company's four business groups produced higher margin rates in second-quarter 2009 than in the first quarter. Notably, Aerospace margins grew 150 basis points. Company-wide, operating margins for the second quarter of 2009 were 11.7 percent, an increase of 70 basis points over the previous quarter.

Backlog
The company's total backlog at the end of the quarter was $67.6 billion,
a 22.2 percent increase over the $55.3 billion total backlog reported at the end of the second-quarter 2008. Funded backlog at the end of second-quarter 2009 increased 5.3 percent from one year ago, to $47.7 billion. In addition, the estimated potential contract value, which represents management's estimate of value under unfunded indefinite delivery, indefinite quantity (IDIQ) contracts and unexercised options, grew to $17.7 billion at the end of second-quarter 2009 from 2008.

Cash
Net cash provided by operating activities from continuing operations in
the second quarter totaled $609 million. Free cash flow from operations, defined as net cash provided by operating activities from continuing operations less capital expenditures, was $520 million for the period. For the first half of 2009, net cash provided by operating activities from continuing operations was $763 million, and free cash flow from operations was $593 million.

"General Dynamics continued to demonstrate the strength of our portfolio
in the second quarter of 2009," said Jay L. Johnson, president and chief
executive officer. "Revenues grew in each of the company's four operating segments, and our operating earnings of $945 million were the highest in company history. Our commitment to financial performance and continuously improving execution generated very strong results.

"Based on the company's year-to-date performance and our understanding of what the remainder of 2009 will bring, we are raising our earlier guidance for full-year 2009 earnings from continuing operations, to $6.05 to $6.15 per share, fully diluted," Johnson said.

General Dynamics, headquartered in Falls Church, Virginia, employs
approximately 92,000 people worldwide. The company is a market leader in business aviation; land and expeditionary combat systems, armaments and munitions; shipbuilding and marine systems; and information systems and technologies.

Certain statements made in this press release, including any statements
as to future results of operations and financial projections, may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements are based on management's expectations, estimates, understandings, projections and assumptions. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results and trends may differ materially from what is forecast in forward-looking statements due to a variety of factors. Additional information regarding these factors is contained in the company's filings with the Securities and Exchange Commission, including, without limitation, its Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q.

All forward-looking statements speak only as of the date they were made. The company does not undertake any obligation to update or publicly release any revisions to any forward-looking statements to reflect events, circumstances or changes in expectations after the date of this press release.

WEBCAST INFORMATION: General Dynamics will webcast its second-quarter
securities analyst conference call, scheduled for 11:30 a.m. Eastern Time on Wednesday, July 29, 2009. The webcast will be a listen-only audio event, available at www.generaldynamics.com. An on-demand replay of the webcast will be available by 1:30 p.m. July 29 and will continue for 12 months. To hear a recording of the conference call by telephone, please call 888-286-8010 (international: 617-801-6888); passcode 83347521. The phone replay will be available from 1:30 p.m. July 29 until midnight August 5, 2009.

Technorati Tags:
Financial Results, General Dynamics (NYSE:GD), Q2 Second Quarter

Northrop Grumman Appoints Mick Anna Corporate Lead Executive for Colorado Springs

Northrop Grumman Appoints Mick Anna Corporate Lead Executive for Colorado Springs

COLORADO SPRINGS, Colo. - July 29, 2009 - Northrop Grumman
Corporation (NYSE:NOC) announced today that it has named Mick Anna
corporate lead executive for company business in Colorado Springs,
Colo. Anna will report to Larry Lanzillotta, corporate vice president
of customer relations for Northrop Grumman.

As corporate lead executive, Anna will serve as the company's
principal point of contact for all Northrop Grumman business in the
Colorado Springs region. He will also promote and coordinate the
activities of all Northrop Grumman sectors with local business and
community interests. Northrop Grumman has 1,210 employees in Colorado
Springs and more than 2,700 statewide.

"Mick has lived and worked in the Colorado Springs area for
more than 25 years," said Lanzillotta. "He well understands both our
critical business needs in the region and the value of corporate
involvement in the community."

Anna has been with Northrop Grumman and its heritage companies
in Colorado Springs since 1983, holding a variety of business
development and marketing positions. Most recently, he was corporate
director of customer relations in Colorado Springs.

Prior to joining Northrop Grumman, Anna worked at ITT, Harris
Information Systems and Honeywell Aerospace and Defense Group.

Anna served in the U.S. Air Force at the Air Force Space and
Missile Systems Center in Los Angeles, the Secretary of the Air Force
Special Projects Office and the Strategic Air Command, where he flew
the RC-135 Cobra Ball surveillance and reconnaissance aircraft.

Anna earned a bachelor's degree in aerospace engineering from
the University of Arizona and a master's degree in aerospace
engineering from the University of Southern California.

Northrop Grumman Corporation is a leading global security
company whose 120,000 employees provide innovative systems, products,
and solutions in aerospace, electronics, information systems,
shipbuilding and technical services to government and commercial
customers worldwide.

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Appointments, Northrop Grumman (NYSE:NOC)

Raytheon Awarded $16 Million for Aegis Radar Contracts

Raytheon Awarded $16 Million for Aegis Radar Contracts

TEWKSBURY, Mass., July 29, 2009 - The U.S. Navy has awarded Raytheon Company (NYSE: RTN) two contracts that extend the company's legacy of performance and support for the Aegis weapons system.

Under the contracts, Raytheon Integrated Defense Systems (IDS) will provide an AN/SPY-1 radar transmitter ordnance alteration kit to enhance the radar's processing performance and multi-mission capability. The company will also continue its performance-based logistics support, including spares and repairs for Aegis weapons systems used by the U.S. Navy and Coast Guard. Raytheon will also manage system repairs in support of foreign military sales.

"Raytheon has a long history with the Aegis radar program - providing highly capable naval radar components and world-class support for Aegis-equipped ships worldwide," said Raytheon IDS' Robert Martin, vice president and deputy of Seapower Capability Systems.

Raytheon's AN/SPY-1 radar transmitters and MK99 Fire Control System, both key components of the Aegis system, have been in continual production for 30 years as part of the U.S. Navy's Aegis shipbuilding program. The AN/SPY-1 and the MK99 are currently aboard the U.S. Navy's fleet of cruisers and destroyers, as well as Japanese Kongo-class destroyers and Spanish F-100-class frigates.

Raytheon IDS' whole-life services and support are central to maintaining and upgrading Aegis equipment onboard ships of the U.S. Navy's fleet, which include Ticonderoga-class cruisers and Arleigh Burke-class destroyers.

Work will be performed at Raytheon IDS' Surveillance and Sensors Center, Sudbury, Mass., and Raytheon Technical Services Company, Norfolk, Va.

Integrated Defense Systems is Raytheon's leader in Global Capabilities Integration, providing affordable, integrated solutions to a broad international and domestic customer base, including the U.S. Missile Defense Agency, the U.S. Armed Forces and the Department of Homeland Security.

Raytheon Company, with 2008 sales of $23.2 billion, is a technology and innovation leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 87 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as a broad range of mission support services. With headquarters in Waltham, Mass., Raytheon employs 73,000 people worldwide.

Technorati Tags:
Contract <$10m, Contract Win, Naval Systems, Raytheon (NYSE:RTN)

Raytheon's GBU-53/B Small Diameter Bomb II Completes Captive Flight Testing

Raytheon's GBU-53/B Small Diameter Bomb II Completes Captive Flight Testing
July 29, 2009

EGLIN AIR FORCE BASE, Fla., July 29, 2009 - Raytheon Company (NYSE: RTN) completed a series of captive carry flight tests of its proposed solution for the GBU-53/B Small Diameter Bomb II competition, demonstrating the weapon's form-factored seeker is ready for guided test shots.

"The test series demonstrated our form-factored tri-mode seeker and guidance receiver navigator are ready to enter the engineering and manufacturing development phase," said Harry Schulte, vice president of Raytheon Missile System's Air Warfare Systems' product line. "We have proved the technical readiness of a superior and affordable solution."

Engineers tested the weapon's integration and guidance receiver navigator on a U.S. Air Force F-15E and also conducted exhaustive seeker-performance evaluations of the weapon on a U.S. Army UH-1 helicopter.

The UH-1 enabled the Raytheon team to conduct more seeker data passes at a much lower cost on all required targets than would have been possible with a fast-moving jet aircraft. Using the helicopter also allowed engineers to thoroughly evaluate the GBU-53/B's terminal approach to targets, something not practical with fighter aircraft test platforms.

Raytheon Company, with 2008 sales of $23.2 billion, is a technology and innovation leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 87 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as a broad range of mission support services. With headquarters in Waltham, Mass., Raytheon employs 73,000 people worldwide.

Technorati Tags:
Guided Weapons, Raytheon (NYSE:RTN)

Northrop Grumman Opens Cyber Security Operations Center

Northrop Grumman Opens Cyber Security Operations Center

New Cyber Center to Protect Company's Global Digital Infrastructure and
Defend Against Intrusions and Cybercrime


WASHINGTON, D.C. - July 29, 2009 - Northrop Grumman
Corporation (NYSE:NOC) last week opened a new, state-of-the-art Cyber
Security Operations Center (CSOC), a comprehensive cyber threat
detection and response center that focuses on protecting Northrop
Grumman and its customers' networks and data worldwide.

The opening was announced today during a press briefing at the
National Press Club, where company officials also briefed reporters on
Northrop Grumman's cybersecurity capabilities.

The CSOC is a world-class facility that delivers the company's
core security services and innovative solutions developed for the
Northrop Grumman network and its customers. Located in suburban
Maryland, the CSOC is staffed around-the-clock, providing security
monitoring for more than 105,000 clients and 10,000 servers worldwide.

"Northrop Grumman has one of private industry's largest and
most sophisticated digital infrastructures," said Tim McKnight, vice
president and chief information security officer of Northrop Grumman
Information Systems sector. "The growing sophistication of cyber
threats requires that we take assertive and holistic measures to defend
our network and protect critical information assets. To respond,
Northrop Grumman has integrated the latest cyber security technologies
to meet this threat head-on. Along with more than a decade of expertise
in information security for .mil and .gov customers, this new center
creates a game-changing capability that will not only better protect
our networks, but will keep pace with the ever-changing nature of the
threat. Equally important, what we learn can be directly applied to our
cyber customers."

This 6,300 square foot facility is equipped with a large
classified conference facility and secure connectivity to numerous
customer networks. The heart of the CSOC is the security operations
center floor, where analysts use customized tools to monitor and
process more than 1.5 billion daily cyber events that occur on the
Northrop Grumman network.

"Advanced technology is key to defending any network, but it is
the experience and curiosity of our analysts that allow us to
proactively identify cybersecurity vulnerabilities," added McKnight.
"They keep our network resilient and secure by constantly trying to
make connections, determine if events are random or not. It's like a
cyber 'CSI'."

At the CSOC, incident handlers respond to suspected security
incidents; computer forensic examiners collect and analyze evidence
from digital media; a technical team develops and deploys solutions and
systems used within the CSOC; intelligence operators analyze and report
on internal and external threats; and computer network defense experts
design and develop security capabilities that can identify advanced
threats. Many of these internal capabilities are even replicated in
Northrop Grumman's external delivery as the Tier One security provider
to multiple government agencies.

Northrop Grumman is an industry leader in all aspects of
computer network operations and cyber security, offering customers
innovative solutions to help secure the nation's cyber future. Northrop
Grumman is the first company to be able to share a trusted identity
with its U.S. Department of Defense customer through secure encrypted
email. For more information about Northrop Grumman in cybersecurity, go
to www.northropgrumman.com/cybersecurity/index.html.

Northrop Grumman Corporation is a leading global security
company whose 120,000 employees provide innovative systems, products,
and solutions in aerospace, electronics, information systems,
shipbuilding and technical services to government and commercial
customers worldwide.

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Information Technology (IT), Northrop Grumman (NYSE:NOC)

Lockheed Martin Awarded Customs and Border Protection P-3 Orion Fleet Maintenance Contract

Lockheed Martin Awarded Customs and Border Protection P-3 Orion Fleet Maintenance Contract

July 29, 2009

MARIETTA, Ga., July 29 - Lockheed Martin (NYSE: LMT) has been awarded an $821 million maintenance, repair, and overhaul contract for the Customs and Border Protection (CBP) P-3 Orion fleet. The contract is for a base period of one year, with nine additional one-year options. CBP currently operates 16 P-3s, updated with a suite of modern surveillance sensors oriented towards conducting homeland security missions.

"We are extremely proud to support Customs and Border Protection's homeland security missions, and honored by the trust and confidence that CBP has placed with Lockheed Martin to maintain this critical capability," said Ray Burick, Lockheed Martin vice president of P-3 programs. "The Customs P-3s have a mission that is unique within the P-3 community. It is our privilege to lend our efforts to support that mission."

Work on the contract will be performed at multiple facilities. The operational portion - aircraft launch and recovery, daily maintenance, short-term phase maintenance, and minor modifications - will be performed by Lockheed Martin personnel at CBP operational sites. Depot maintenance will be performed primarily at Lockheed Martin's Greenville, S.C., facility.

"The Customs and Border Protection program is a great example of the benefits of effective government/industry partnerships," said Rob Weiss, Lockheed Martin executive vice president for Global Sustainment. "Our priority is to provide all of our customers with integrated life-cycle solutions that ensure operational effectiveness and readiness at best value."

In April 2008, CBP contracted with Lockheed Martin under the P-3 Aircraft Service Life Extension Program (ASLEP), ordering up to 14 all-new production wing life extension kits. To date, CBP has placed firm orders for six life extension kits. ASLEP is the only P-3 life extension program validated by the OEM to extend P-3 service life 20-25 years, equating to 15,000 additional flight hours. A total of 47 ASLEP kits have been ordered from five P-3 operators which include Norway, CBP, the U.S. Navy, Canada and Taiwan.

Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 146,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation reported 2008 sales of $42.7 billion.

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Contract $500m+, Contract Win, Lockheed Martin (NYSE:LMT), P-3 Orion

Lockheed Martin Unveils First Stealth Fighter For U.S. Navy

Lockheed Martin Unveils First Stealth Fighter For U.S. Navy

July 28, 2009

Ft. Worth, TX, July 28th, 2009 -- A ceremony today at Lockheed Martin's Fort Worth plant marked the rollout of the U.S. Navy's first-ever stealth fighter, the F-35C Lightning II. The aircraft will enable the Navy to possess 5th generation fighter capabilities at sea, extending America's reach and reducing the timeline from threat to response.

Top Navy leadership, signal flags and a crowd of employees, including reserve and retired Navy personnel, were on hand to celebrate the strike fighter's unveiling. Adm. Gary Roughead, the U.S. Navy's Chief of Naval Operations, welcomed the new aircraft to the fleet.

"The JSF will show the world that our Sailors will never be in a fair fight because this airplane will top anything that comes its way," Roughead said of the F-35. "It will give our Sailors and pilots the tactical and technical advantage in the skies, and it will relieve our aircraft as they age out."

Tom Burbage, a former Navy test pilot and the vice president and general manager of F-35 Program Integration for Lockheed Martin, thanked Navy leadership for being fully engaged in the F-35's development and "actively working to define joint and coalition tactics that will exploit this platform in ways we've never envisioned. We at Lockheed Martin are both proud and humbled by the trust the U.S. Navy has placed with us to lead the development and introduction of the Navy's newest stealthy, supersonic strike fighter."

The first F-35C, known as CF-1, will undergo a wide-ranging series of ground tests before its first flight, scheduled for late 2009. CF-1 is the ninth F-35 test aircraft to be rolled out, and joins a fleet of F-35A (conventional takeoff and landing) and F-35B (short takeoff/vertical landing) variants that have logged more than 100 flights.

The F-35C is on schedule to meet the Navy's Initial Operational Capability in 2015, and represents a leap in technology and capability over existing fighters, combining stealth with supersonic speed and high agility. The Lightning II employs the most powerful and comprehensive sensor package ever incorporated into a fighter.

The F-35C possesses uncompromised carrier suitability and low-maintenance stealth materials designed for long-term durability in the carrier environment. The Lightning II's operational and support costs are forecast to be lower than those of the fighters it will replace.

The F-35 and F-22 are the world's only 5th generation fighters, uniquely characterized by a combination of advanced stealth with supersonic speed and high agility, sensor fusion, network-enabled capabilities and advanced sustainment. The F-35 is a supersonic, multi-role, 5th generation strike fighter. Three F-35 variants derived from a common design, developed together and using the same sustainment infrastructure worldwide, will replace at least 13 types of aircraft for 11 nations initially, making the Lightning II the most cost-effective fighter program in history.

Lockheed Martin is developing the F-35 with its principal industrial partners, Northrop Grumman and BAE Systems. Two separate, interchangeable F-35 engines are under development: the Pratt & Whitney F135 and the GE Rolls-Royce Fighter Engine Team F136.

Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 146,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation reported 2008 sales of $42.7 billion.

F-35 and Lightning II are trademarks of Lockheed Martin Corporation.

Technorati Tags:
Joint Strike Fighter, Lockheed Martin (NYSE:LMT), US Navy (USN)

Northrop Grumman Awarded Navy Contract to Study Air and Missile Defense Radar Concepts

Northrop Grumman Awarded Navy Contract to Study Air and Missile Defense Radar Concepts
July 28, 2009

LINTHICUM, Md. – Northrop Grumman Corporation (NYSE:NOC) has been awarded a $10 million firm-fixed price U.S. Navy contract to analyze and provide system concept studies for the Air and Missile Defense Radar (AMDR), a next generation radar system planned for the U.S. Navy's CG(X) and Future Surface Combatant platforms.

"Northrop Grumman's unique approach on AMDR results from
applying our proven active electronic scanned array technology
developed for airborne and surface based platforms, as well as recent
advancements demonstrated on a large S-Band aperture and the Ground/Air
Task Oriented Radar program," says Steve McCoy, vice president of the
Advanced Concepts business unit for the company's Electronic Systems
sector. "As a premier supplier of active radars for the U.S. Department
of Defense, our modular, open architecture approach to the AMDR
provides the ability to scale to multiple ship classes and protect our
fleet for the next forty years."

Designed as a scalable, multi-mission radar system, AMDR is
comprised of an X-band, S-band and Radar Suite Controller (RSC). The
AMDR is intended to provide unprecedented situational awareness to
easily track and detect ballistic missiles in high clutter
environments.

Northrop Grumman is a leading integrator of shipboard
electronics. The corporation has delivered more than 500 S-Band radar
systems and is currently the supplier on a large S-Band aperture for
the Navy.

Northrop Grumman Corporation is a global defense and technology
company whose 120,000 employees provide innovative systems, products,
and solutions in information and services, electronics, aerospace, and
shipbuilding to government and commercial customers worldwide.

# # #

Technorati Tags:
Contract win, Northrop Grumman (NYSE:NOC)

Beck Tire International Receives Lockheed Martin Star Supplier Award

Beck Tire International Receives Lockheed Martin Star Supplier Award
July 27, 2009

KANSAS CITY, MO -- Lockheed Martin [NYSE: LMT] has presented Beck Tire International with its prestigious STAR Supplier Award for its exemplary performance and contribution to the success of Lockheed Martins mission.

Lockheed Martins STAR Supplier Award is only presented to suppliers who meet rigorous performance criteria. First established in 1999, this award is an effort to quantitatively measure supplier quality and to create a group of preferred suppliers.

To receive this honor and join the elite group of STAR Suppliers, Beck Tire International provided superior support to Lockheed Martin as part of the Aircraft Tires Privatization Initiative for the Defense Logistics Agency. Under this initiative led by Michelin Aircraft Tire Co., Lockheed Martin manages the logistics and warehousing of all tires used on U.S. Air Force and Army aircraft around the world. In the continental United States, Beck Tire International recycles and disposes of aircraft tires in an environmentally safe manner.

Beck Tire International continually surpasses required performance metrics. In fact, they maintain a 99 percent performance rating in the area of on-time tire pick ups, said Vince Dothard, director of Supply Chain Management Programs at Lockheed Martins New Ventures business.

We are honored to receive this award. This recognition is the result of many years of hard work and dedication, said Eugene Beck, president of Beck Tire International. Ultimately this is about supporting the men and women who serve our nation in the U.S. Air Force.

Based in Kansas City, Miss., with additional facilities in Avon Park, Fla., and Burleson and Houston, TX, Beck Tire International has recycled tires for more than 60 years. Beck Tire International offers aircraft tire recycling operations as well as catalog sales of specialty tires and a collection network that oversees the collection of millions of passenger and truck tires each year.

Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 146,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation reported 2008 sales of $42.7 billion.

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Lockheed Martin (NYSE:LMT)

Lockheed Martin Awarded $142 Million Arrowhead Production Contract

Lockheed Martin Awarded $142 Million Arrowhead Production Contract
July 27, 2009

ORLANDO, FL, July 27th, 2009 -- The U.S. Army has awarded Lockheed Martin [NYSE: LMT] a $142 million follow-on production contract for the Apache Arrowhead. system, the combat-proven, Modernized Target Acquisition Designation Sight/Pilot Night Vision Sensor (M-TADS/PNVS) for the AH-64D Apache attack helicopter.

The Lot 6 contract includes 55 Arrowhead kits for U.S. Army Apache helicopters and kits for several international customers. Over 850 systems will have been delivered with the completion of the Lot 6 contract, which extends production through December 2011.

"The Arrowhead equipped Longbow Apache is an attack, security, and reconnaissance asset every ground commander wants overhead. This demand for the best sight sensor and attack helicopter combination has been consistent throughout the past eight years of military operations," said Apache Sensors Product Manager Lt. Col. John Vannoy. "Lot 6 will provide the kits required to complete the outfitting of our active component force."

The Arrowhead kit modernizes the U.S. Army's Target Acquisition Designation Sight/Pilot Night Vision Sensor (TADS/PNVS) - known as the "eyes of the Apache" - by upgrading the infrared sensors and associated electronics. The Arrowhead system provides Apache pilots the most advanced long-range, electro-optical precision engagement and pilotage capabilities, ensuring safe flight during day, night, and adverse-weather missions.

"Arrowhead enhances system reliability and maintainability, which is extremely important to the Warfighter when the system must operate in severe environments at increased operational tempos," said Lockheed Martin Apache Fire Control Vice President Bob Gunning. "Arrowhead's improved capabilities allow the Apache to serve in multiple roles in contingency operations."

Lockheed Martin rolled out the first Arrowhead system to the U.S. Army in May 2005, and completed integration on the first Apache helicopters in June 2005. The 2008 Lot 5 contract award marked the 25th anniversary of the product line's continuous service to the U.S. Army.

Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 146,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation reported 2008 sales of $42.7 billion.

Technorati Tags:
Contract win, Lockheed Martin (NYSE:LMT), AH-64 Apache

Raytheon Ground Soldier Ensemble Achieves Initial Program Milestones

Raytheon Ground Soldier Ensemble Achieves Initial Program Milestones
July 27, 2009

MCKINNEY, Texas, July 27, 2009 - Raytheon Company's (NYSE: RTN) Ground Soldier Ensemble team completed two major program milestones and is moving to demonstrate networked tactical situational awareness and digital communications capabilities for the dismounted warfighter.

Raytheon's GSE team delivered to the U.S. Army the first open frame hardware on schedule in June, and earlier that month, held its first preliminary design review.

"By all accounts, Raytheon GSE is progressing rapidly to meet the Army's aggressive prototype and testing schedule aimed at achieving 'Milestone C' production readiness," said Glynn Raymer, vice president, Raytheon Network Centric System Combat Systems. "Our team is working diligently to support the customer's innovative alternative to traditional system design and development.

"When you look at Raytheon GSE in the context of Army modernization, our program focus is not unlike our underlying approach to meeting the essential needs of the modern warfighter. We begin with and remain fixated on the soldier who operates at the tactical edge," added Raymer. "In GSE, we are applying low-risk, proven technologies that yield reliable performance without compromising size, weight or power."

Raytheon GSE links the dismounted soldier to the battlefield network for real-time tactical situational awareness. The soldier system incorporates human factors engineering and analysis for a comfortable fit made to endure harsh environments and long warfighter missions.

Raytheon Company, with 2008 sales of $23.2 billion, is a technology and innovation leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 87 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as a broad range of mission support services. With headquarters in Waltham, Mass., Raytheon employs 73,000 people worldwide.

Note to Editors:

The U.S. Army announced the GSE contract awards April 15, 2009, and Raytheon is providing one of three GSE solutions selected.

The U.S. Army's Tank-Automotive and Armaments Command Contracting Center awarded Raytheon $11.8 million to provide a GSE technology demonstration. The contract calls for early prototype testing in 2009 and refined systems delivery and testing in 2010.

Technorati Tags:
Land Systems, Raytheon (NYSE:RTN)

U.S. Fleet Forces Celebrates Change of Command

NNS090724-31. U.S. Fleet Forces Celebrates Change of Command
July 24, 2009

By Mass Communication Specialist 1st Class Amie Gonzales, Navy Public Affairs Support Element-East

NORFOLK, Va. (NNS) -- USS Harry S Truman (CVN 75) hosted a change of command ceremony for U.S. Fleet Forces Command July 24.

During the ceremony Adm. John C. Harvey Jr., relieved Adm. Jonathan W. Greenert as commander of U.S. Fleet Forces Command.

Guest speaker, Chief of Naval Operations Adm. Gary Roughead said Sailors, their families and Navy civilians are among the most important things at Fleet Forces Command.

"This change of command is great for our Sailors who are with us today and who are serving around the world and for their families because these are the types of leaders that we need in our Navy," said Roughead.

Greenert assumed command of U.S. Fleet Forces Command in October 2007. He led the command with a strategic focus on the new maritime strategy, with an emphasis on individual augmentee programs and policies. Greenert's next assignment will be as the vice chief of naval operations.

"Our motto is 'ready fleet, global reach,' and we have to be global," said Greenert. "Our maritime strategy says maritime forces will be more dispersed; it says junior Sailors will interact more with our international partners. So we have to build the training and support to prepare these future Sailors to do exactly that and to be effective at that."

Greenert also remarked on the need to continue to improve the individual augmentee program, to ensure Sailors and their families are given the attention and treatment they need when they leave and return home.

"It was my privilege meeting these Sailors here and abroad, and that's really been the best part of the tour," said Greenert.

Roughead also recognized Greenert's spouse, Darleen, for her time and dedication put toward taking care of Navy families and presented her with the Department of the Navy Superior Public Service Award.

After reading his orders, Harvey remarked on all those who had a hand in getting him to where he is today, including officers, enlisted and civilians, along with his wife and two children.

"Admiral Roughead, it means a great deal to me to have you preside over today's ceremony," said Harvey. "I wish to thank you for placing your confidence in me and giving me this extraordinary opportunity to continue to serve our Navy and our nation."

As Harvey addressed the men and women of Fleet Forces Command, he gave them primary reference points from which to take their bearings. First, put mission accomplishment at the top. Second, maintain a relentless focus on the fundamentals of the profession by being brilliant at the basics. Third, establish the closest possible partnership with their Pacific Fleet, Marine Forces Command and Joint Forces Command counterparts.

"And finally, never forget that when all is said and done, the power of our Navy is in our people, not our platforms," said Harvey. "It is a total-force team here at Fleet Forces that fulfills the promise and the purpose of our Navy."

Harvey will be blogging on the U.S. Fleet Forces Command blog, at http://fleetforces.dodlive.mil. For more information visit the Fleet Forces Command Website at www.cffc.navy.mil.

For more news from Fleet Forces Command, visit www.navy.mil/local/clf.

General Dynamics to Webcast Second-Quarter 2009 Financial Results Conference Call

General Dynamics to Webcast Second-Quarter 2009 Financial Results
Conference Call

July 24, 2009

FALLS CHURCH, Va., July 24 -- General Dynamics (NYSE: GD) will webcast its second-quarter 2009 financial results conference call on Wednesday, July 29, beginning at 11:30 a.m. Eastern Time.

Jay L. Johnson, president and chief executive officer; Hugh Redd, senior
vice president and chief financial officer; and Amy Gilliland, staff vice
president for investor relations, will review financial results and answer
questions from financial analysts.

The live webcast of the presentation will be available at www.generaldynamics.com. A replay will be available shortly after the live
presentation.

General Dynamics, headquartered in Falls Church, Va., employs approximately 92,900 people worldwide. The company is a market leader in business aviation; land and expeditionary combat systems, armaments and munitions; shipbuilding and marine systems; and mission-critical information systems and technologies.

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Financial Results, General Dynamics (NYSE:GD)

U.S. Air Force Accepts Second Lockheed Martin SBIRS HEO System for Operations

U.S. Air Force Accepts Second Lockheed Martin SBIRS HEO System for Operations
July 24, 2009

SUNNYVALE, Calif., July 24, 2009 -- The Lockheed Martin (NYSE: LMT)-led team developing the Space Based Infrared System (SBIRS) announced today that the second Highly Elliptical Orbit (HEO-2) payload and ground system modifications have been accepted for operations by the U.S. Air Force, paving the way for U.S. Strategic Command's formal certification of the HEO-2 system next month.

SBIRS is designed to provide early warning of missile launches, and simultaneously support other missions including missile defense, technical intelligence and battlespace awareness.

Announced to be on-orbit in June 2008 by a joint U.S. Air Force/Lockheed Martin team, the HEO-2 payload has been exceeding expectations during its on-orbit test regimen necessary before beginning on-orbit operations for the user.

"HEO performance continues to be spectacular," said Col. Roger Teague, the U.S. Air Force SBIRS Wing Commander. "We are very proud to add the second HEO payload system to our growing constellation. This asset provides outstanding capabilities to combatant commanders and the excellent performance of this second HEO system is a true testament to the teamwork and dedication by the government and industry team."

Acceptance of the HEO-2 system follows a highly successful operational utility evaluation and trial period during which live HEO-2 data was injected into user operational networks providing critical missile warning, missile defense, technical intelligence, and battlespace awareness data.

This milestone paves the way for United States Strategic Command's final certification of the HEO-2 system in August when the sensor and its data will be declared certified for use as part of the U.S. strategic missile warning system.

"We are proud of our partnership with the Air Force in delivering significantly enhanced early warning and intelligence capabilities for the warfighter," said Jeff Smith, Lockheed Martin's SBIRS vice president. "We look forward to our continued progress in fielding this critical capability and achieving total mission success for our customer."

The SBIRS team is led by the Space Based Infrared Systems Wing at the U.S. Air Force Space and Missile Systems Center, Los Angeles Air Force Base, Calif.

Lockheed Martin Space Systems Company, Sunnyvale, Calif., is the SBIRS prime contractor, with Northrop Grumman Electronic Systems, Azusa, Calif., as the payload integrator. Air Force Space Command operates the SBIRS system.

Lockheed Martin's SBIRS contract includes the two highly elliptical orbit (HEO) payloads now on-orbit, two geosynchronous orbit (GEO) satellites, as well as ground-based assets to receive and process the infrared data. The team was recently awarded a $1.5-billion contract for the third HEO payload, the third GEO-3 satellite and associated ground modifications. A contract to include a fourth HEO payload and potential fourth GEO satellite is expected to be awarded later this year.

Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 146,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation reported 2008 sales of $42.7 billion.

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Lockheed Martin (NYSE:LMT), Space systems

Northrop Grumman Contributes Expertise to Military Exercise Demonstrating Increased Sharing of Reconnaissance Information

Northrop Grumman Contributes Expertise to Military Exercise Demonstrating Increased Sharing of Reconnaissance Information
July 23, 2009

EL SEGUNDO, Calif. – July 23, 2009 – Northrop Grumman
Corporation (NYSE:NOC) is playing a major role in Empire Challenge 09
(EC 09), a joint military exercise to demonstrate how U.S. and
coalition forces can better work together to collect, analyze and share
reconnaissance information.

Northrop Grumman is contributing its expertise in ISR
(intelligence, surveillance and reconnaissance) by increasing the
fidelity of its modeling, simulation and analysis to this year's Empire
Challenge exercise. The ability to share timely, relevant information
among aircraft will enhance warfighters' situational awareness and
increase their chances of success.

Northrop Grumman built the virtual, human-in-the-loop wargaming
environment used in Empire Challenge. That work was developed with
Northrop Grumman's Cyber Warfare Integration Network (CWIN), which can
generate operationally-based, virtual battlefield environments. Empire
Challenge 09 is being executed by the U.S. Joint Forces Command
(USJFCOM) under the sponsorship of the Under Secretary of Defense for
Intelligence.

Northrop Grumman aircraft represented in EC 09 include the Air
Force's RQ-4 Global Hawk unmanned aircraft reconnaissance system and
E-8C Joint Surveillance Target Attack Radar System (Joint STARS), and
the Navy's E-2C Hawkeye early warning and battle management aircraft
and MQ-8B Fire Scout vertical takeoff and landing unmanned system.

"Empire Challenge is an example of how Northrop Grumman works
closely with warfighters to gain a better understanding of their
current and future challenges," said Paul Meyer, vice president and
general manager of Advanced Programs and Technology for Northrop
Grumman's Aerospace Systems sector. "What we learn helps us apply
technologies and improved applications to develop better architecture
solutions that can meet those challenges."

Empire Challenge 09 is hosted by the Naval Air Warfare Center
Weapons Division. The exercise began July 6 and continues through July
31 at the Naval Air Weapons Station China Lake, Calif., with
distributed locations in the Joint Intelligence Lab in Suffolk, Va.,
the Combined Air Operations Center-Experimental at Langley Air Force
Base, Va., military service labs, coalition sites in Australia, Canada
and the United Kingdom, and the NATO Consultation, Command and Control
Agency in the Netherlands.

The virtual environment developed by Northrop Grumman is
located at the Suffolk Joint Intelligence Lab and operates on two
government networks connected to all of the locations in the exercise.

Lessons learned from the exercise will be used in ongoing work
under a three-year cooperative research agreement between USJFCOM and
Northrop Grumman. The goal of the agreement, signed in 2007, is to
identify ways to shorten the military commander's cycle of tasking
sensors to collect intelligence, analyzing the information and
disseminating it to warfighters.

The USJFCOM/Northrop Grumman research team will use data from
Empire Challenge 09 to develop new concepts of operation and tactics,
techniques and procedures to improve the use of ISR assets in irregular
warfare.

Northrop Grumman Corporation is a global defense and technology
company whose 120,000 employees provide innovative systems, products,
and solutions in information and services, electronics, aerospace and
shipbuilding to government and commercial customers worldwide.

# # #

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Military Training, Northrop Grumman (NYSE:NOC)

Lockheed Martin Meets Key Milestones for Navy Submarine Communications Program

Lockheed Martin Meets Key Milestones for Navy Submarine Communications Program
July 23, 2009

MARION, Mass., July 23, 2009 - Lockheed Martin's (NYSE: LMT) team developing a Communications at Speed and Depth (CSD) capability for U.S. Navy submarines has successfully completed the system requirements review. The capability will enable secure, two-way communications between submarines operating below periscope depth and at tactical speeds with surface ships, aircraft and land-based assets. All classes of U.S. Navy submarines will be equipped with this transformational capability.

"The on-schedule progress of this program results from a strong government-industry team that is focused on delivering a much-needed capability to the fleet," said Brent Starr, the Navy's CSD principle acquisition program manager. "The system requirements review was a huge success."

The Lockheed Martin-led industry team, which includes Ultra Electronics Ocean Systems and ERAPSCO, a joint venture between Sparton Electronics Florida, Inc. and Ultra Electronics - USSI, will deliver three types of two-way communications devices and associated submarine and shore equipment. Two of the devices - the tethered expendable communications buoy (TECB) Iridium system and the TECB-UHF system - are launched from submarines. The third is an acoustic-to-RF Gateway (A2RF) system that can be launched from submarines and aircraft.

Since the January contract award, the team has completed both the integrated baseline review and system requirements review milestones on schedule. Hardware delivery is expected in mid-2010.

"Successful on-schedule completion of the system requirements review is a major step in providing submarines the same access to communication networks as the rest of the U.S. Navy's fleet," said Rod Reints, Lockheed Martin's senior program manager for the CSD program. "Our team is now starting the preliminary design phase, moving us closer to our goal of providing communications at speed and depth to the U.S. Navy's submarine fleet."

Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 146,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation reported 2008 sales of $42.7 billion.

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Lockheed Martin (NYSE:LMT), Naval Systems

Northrop Grumman Performs Successful SABR Fit-Check Aboard F-16 Fighter At Edwards Air Force Base

Northrop Grumman Performs Successful SABR Fit-Check Aboard F-16 Fighter At Edwards Air Force Base

BALTIMORE – July 23, 2009 – Northrop Grumman Corporation's
(NYSE:NOC) newest active electronically scanned array (AESA) fighter
sensor, the Scalable Agile Beam Radar (SABR), has been successfully
installed on a U.S. Air Force F-16 at Edwards Air Force Base, Calif.

In November, SABR began a series of flight demonstrations
aboard the company's test aircraft, successfully detecting and
displaying multiple aerial targets and generating high resolution
Synthetic Aperture Radar (SAR) ground maps.

"The fit-check completed on June 29, is another important
milestone leading up to a planned F-16 flight demonstration later this
year," said Arlene Camp, director of Advanced F-16 Radar Programs at
Northrop Grumman's Aerospace Systems Division. "Installation took less
than five hours and assessed SABR's design goals to integrate
seamlessly within existing F-16 Block 50/52 physical constraints for
interface to aircraft power, cooling, and avionics."

The aircraft was returned to original configuration after the
installation evaluation.

"Northrop Grumman is the sole provider of radars for the F-16
and for over 30 years has continually improved the F-16 radar's
performance and reliability. SABR is Northrop Grumman's latest
investment towards enhancing and sustaining the F-16's combat
capability for decades to come," added Camp.

Although designed specifically for the F-16, SABR is scalable
and adaptable to other platforms and missions. Compared to the
mechanically-scanned array radars it is designed to replace, SABR will
provide increased performance, multi-functionality and greater
reliability. SABR's greater detection and tracking range,
high-resolution SAR maps, and interleaved mode operations will provide
pilots improved situational awareness and all-environment precision
strike capability.

Northrop Grumman Corporation is a leading global security
company whose 120,000 employees provide innovative systems, products,
and solutions in aerospace, electronics, information systems,
shipbuilding and technical services to government and commercial
customers worldwide.

# # #

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F-16 Falcon, Northrop Grumman (NYSE:NOC)

Raytheon Reports Strong Second Quarter Results; Increases Full-Year Guidance

Raytheon Reports Strong Second Quarter Results; Increases Full-Year Guidance

July 23, 2009

Highlights

- Earnings per share (EPS) from continuing operations of $1.24, up 25 percent

- Income from continuing operations of $504 million, up 17 percent

- Continued strong bookings of $7.6 billion; sales of $6.1 billion

- Solid operating cash flow from continuing operations of $512 million

- Increased full-year 2009 guidance for net sales, EPS, and return on invested capital (ROIC)

WALTHAM, Mass., July 23, 2009 - Raytheon Company (NYSE: RTN) reported second quarter 2009 income from continuing operations of $504 million, up 17 percent compared to $432 million in the second quarter 2008. EPS from continuing operations for the second quarter 2009 was $1.24, up 25 percent compared to $0.99 in the second quarter 2008.

"We are pleased with the Company's continued, solid performance and strong financial position," said William H. Swanson, Raytheon's Chairman and CEO. "We are well positioned domestically and internationally on a broad base of programs which create long-term shareholder value."

Net sales for the second quarter 2009 were $6.1 billion, up from $5.9 billion in the second quarter 2008.

Operating cash flow from continuing operations in the second quarter 2009 was $512 million compared to $767 million for the second quarter 2008, primarily due to the timing of $395 million of cash contributions made to the Company's pension plans in the second quarter of 2009.

In the second quarter 2009 the Company repurchased 6.6 million shares of common stock for $300 million, as part of the Company's previously announced share repurchase program. Year-to-date 2009, the Company repurchased 13.4 million shares of common stock for $600 million.

The Company ended the second quarter 2009 with $96 million of net debt. Net debt is defined as total debt less cash and cash equivalents.

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Financial Results, Q2 Second Quarter, Raytheon (NYSE:RTN)

NLOS-LS PAM Missile Team Demonstrates Capability Against Moving Targets

NLOS-LS PAM Missile Team Demonstrates Capability Against Moving Targets

WHITE SANDS MISSILE RANGE, N.M., July 22, 2009 - NetFires LLC, a joint venture between Raytheon Company (NYSE: RTN) and Lockheed Martin (NYSE: LMT) Missiles and Fire Control, completed the first moving target test flight of the Non Line-of-Sight-Launch System's Precision Attack Missile.

The PAM missile, launched from the NLOS-LS Container Launch Unit (CLU), used the on-board, uncooled imaging infrared seeker to detect and track a moving T-72 tank traveling with other vehicles. The result was a direct hit at a range of 9 kilometers (5.6 statute miles).

"NLOS-LS is designed to defeat both stationary and moving targets. The demonstration of this capability is a significant milestone for the program," said Scott Speet, executive vice president of NetFires LLC and Raytheon's NLOS-LS program director. "Previous guided test flights have succeeded in direct hits against stationary targets. Today's test proved this weapon will provide the warfighter with platform-independent, networked fires with immediate and responsive precision against moving targets."

During the test, the PAM missile joined the network with its onboard radio, operated as a node on the net throughout the flight and sent back a terminal target image to the Advanced Field Artillery Tactical Data System.

"Not only is this another successful launch from the CLU and successful missile flight, this test measures the true capability of NLOS-LS as a networked weapon system," said Anne Johnson, president of NetFires LLC and Lockheed Martin's NLOS-LS program director. "This network capability will provide the Brigade Combat Teams with unparalleled beyond line-of-sight target lethality."

NLOS-LS takes targeting information from the command and control center and sends it to the NLOS-LS CLU's computer and communications system for initial missile targeting. The missile also takes the command and control center's targeting information for in-flight updates.

"The ability of the PAM missile to defeat a moving target is a first for the U.S. Army," said Col. Doug Dever, the U.S. Army's NLOS-LS project manager. "Once fielded, NLOS-LS is going to give soldiers in the BCTs and sailors on littoral combat ships the ability to precisely engage moving targets -- a capability they've never had before."

Raytheon Company, with 2008 sales of $23.2 billion, is a technology and innovation leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 87 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as a broad range of mission support services. With headquarters in Waltham, Mass., Raytheon employs 73,000 people worldwide.

Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 146,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation reported 2008 sales of $42.7 billion.

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MIssiles, Raytheon (NYSE:RTN)