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CONTRACT NEWS IN BRIEF

11 Jun 02. DRS Technologies, Inc. (NYSE: DRS – News) has received a new order to manufacture Flight Control Computers for installation on European EH-101 helicopters. The $2.6m award was received by DRS from Smiths Aerospace Electronic Systems, a unit of Smiths Industries, plc (FTSE: SMIN) in Cheltenham,
Gloucestershire, the United Kingdom, to provide Flight Control Computers for EH-101 helicopters being supplied by Agusta-Westland to Denmark. Production of
these systems will be accomplished by the company’s DRS Flight Safety and Communications unit, based in Carleton Place, Ontario, Canada. Product deliveries are expected to commence in May 2003 and continue through 2005.

17 Jun 02. Raytheon Systems Limited (RSL) has won a contract from Lockheed Martin Ocean, Radar and Sensor Systems, Syracuse, New York, to supply 16 Monopulse Secondary Surveillance Radar (MSSR) systems for military air traffic control. The contract is valued at over $6 million.

The systems will be supplied to various nations throughout Europe and the Far East who, between them, require widely differing configurations for this equipment. The requirements include MSSR with Military Mode 4, Mode S, and Mode S Mode 4 performance in single and dual channel configurations. A total of 20 channels is being called for: 12 single channel and four dual channel systems.

18 Jun 02. Thales Antennas and Comrod AS of Tau, Norway have been selected as preferred supplier by General Dynamics UK for the production of a majorityof the components, which make up the Bowman antenna equipment. Having signed a teaming agreement to design, develop and market a common streamlined portfolio of products for military communications antennas, the two companies combined are now one of Europe’s largest ‘total solutions’ suppliers of military antennas, covering the full range of tactical requirements from hand-held radios, through vehicle borne antennas to telescopic masts.

17 Jun 02. German defence and automotive group Rheinmetall (XETRA:RHMG.DE – News) and tank builder Krauss-Maffei Wegmann (KMW) said on Monday they would develop a new armoured personnel carrier for the German army.

The two groups will set up a new company, Panther System GmbH, to develop a successor to the 30-year-old “Marder” armoured vehicle, the companies said.

The link-up, in which each firm will have a 50 percent interest, comes as Germany’s fragmented defence industry is under pressure to consolidate.

18 Jun 02. Northrop Grumman Corporation (NYSE:NOC – news) has received the final $106.9m increment of a $221.8m contract for full production of the 16th E-8C Joint Surveillance Target Attack Radar System (Joint STARS) aircraft for delivery to the U.S. Air Force by March 2004.

This contract also incorporates several system upgrades, including an Improved Data Modem for real-time targeting connectivity with the U.S. Army’s Apache
weapon system.

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