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Executive Watch 2008 P14

Sabtech provides NTDS networking equipment for German navy YORBA LINDA, Calif., 2 May 2008. Sabtech Industries in Yorba Linda, Calif., is providing its PowerNet NTDS Gateway to the German navy, which enabled German naval leaders to deploy as the maritime component of the United Nations Interim Force In Lebanon (UNIFIL) international peacekeeping force off the coast of Lebanon in January 2007, company officials say.
Next president will not cut defense spending, says Lockheed Martin CEO FORT WORTH, Texas, 29 April 2008. The top executive of Lockheed Martin Corp., the Bethesda, Md.-based defense contracting behemoth, says he does not believe the next U.S. president will cut military spending "in any wholesale fashion."
L-3 completes acquisition of electro-optical systems business NEW YORK, 28 April 2008. L-3 Communications has finalized the acquisition of Northrop Grumman's Electro-Optical Systems (EOS) business for $175 million in cash. The acquired business, renamed L-3 EOS, is a provider of night-vision technology and electro-optical products for military, commercial, and public safety customers, and is expected to be accretive to L-3's earnings in 2008. The transaction closed on April 21, 2008.
DARPA seeks proposals on photonic delays as a building block for optical computing ARLINGTON, Va., 25 April 2008. Scientists at the U.S. Defense Advanced Research Projects Agency (DARPA) in Arlington, Va., are trying to find compact, robust ways to control the flow of photons in future applications of optical computing.
Rockwell Collins to provide optics assemblies for Large Aircraft Infrared Countermeasures system CEDAR RAPIDS, Iowa, 24 April 2008. Northrop Grumman Corp. in Los Angeles has selected Rockwell Collins in Cedar Rapids, Iowa, to provide optical assemblies for the Miniature Pointer Tracker (MPT) used in the Northrop Grumman Large Aircraft Infrared Countermeasures (LAIRCM) system.
Northrop Grumman completes sale of Electro-Optical Systems to L-3 Communications LOS ANGELES, 22 April 2008. Northrop Grumman Corp. in Los Angeles has completed the sale of its Electro-Optical Systems business in Baltimore for $175 million in cash to L-3 Communications in New York, company officials announced today.
TECOM to develop next-generation antenna for U.S. Navy missile THOUSAND OAKS, Calif., 21 April 2008. TECOM Industries Inc. in Thousand Oaks, Calif., will develop and qualify the next generation instrumentation antenna for a U.S. Navy missile under terms of a cooperative research and development agreement (CRADA) with the Naval Air Warfare Center Weapons Division (NAWCWD) at China Lake Naval Weapons Center in Ridgecrest, Calif.
Stealth Computer boosts factory space by 70% in production expansion WOODBRIDGE, Ontario, 18 April 2008. Leaders of industrial computer manufacturer Stealth Computer Corp. in Woodbridge, Ontario, are set to increase their factory size by more than 70 percent in efforts to ramp-up production and research.
L-3 Electrodynamics to supply crash-survivable memory units for Euro Hawk UAV ROLLING MEADOWS, Ill., 17 April 2008. Aircraft designers at Northrop Grumman Integrated Systems in San Diego needed crash-survivable memory units for the Euro Hawk unmanned air vehicle (UAV), a variant of the Global Hawk UAV active with U.S. military forces.
Defense electronics spending returning to normal after six-plus years of fat post-9/11 budgets NEWTOWN, Conn., 16 April 2008. The U.S. defense electronics market will decline by 55.6 percent over the next 10 years, from a high of $15.05 billion in 2008 to $6.68 billion in 2017, in a return to pre-9/11 levels, according to market researchers at Forecast International in Newtown, Conn.
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