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NEWS IN BRIEF

7 Nov 02. Ultra Electronics announces that its Command and Control Systems division has been awarded a £7.7m contract by AMS to supply command and control system equipment for the Korean KDX-II Destroyer programme. Ultra’s system is an updated version of the design developed for the KDX-II Batch I programme, which was successfully delivered in 1997. It is a totally integrated system providing fully populated cabinets, consoles and maintainer facilities networked together through a distributed multi-processing system.

11 Nov 02. DRS Technologies, Inc. (NYSE: DRS – News) announced that it has been awarded two new contracts to produce high-speed digital imaging systems for installation on U.S. and Canadian combat aircraft. The company’s Airborne Separation Video System (ASVS) is the only high-speed digital imaging system specifically designed and qualified to replace film cameras to capture airborne weapons separation events. The awards have a combined value of approximately $2.5m, including contract options. Work for both contracts will be performed at the company’s operation in Oakland, New Jersey.

12 Nov 02. BAE SYSTEMS BROACH warhead demonstrated its effectiveness during recent testing of the U.S. Navy’s Joint Standoff Weapon Unitary variant (JSOW-C). The weapon completely perforated a steel-reinforced concrete target during sled testing conducted at the Supersonic Naval Ordnance Research Tracks facility at China Lake, Calif. The Thales Missile Electronics (TME) operational contact switch and two TME Multi Application Fuze Initiation System (MAFIS) fuzes initiate the warhead system. Aerojet, Sacramento, Calif., has been selected to fill the bombs for Team BROACH. Raytheon Missile Systems, Tucson, Ariz., integrates BROACH lethal package into the weapon system and is responsible for the development of Imaging Infrared Seeker hardware and Autonomous Targeting Acquisition (ATA) software.

13 Nov 02. Baan, the leading enterprise application provider for industrial enterprises, part of Invensys plc, announced the release of its latest enterprise resource planning (ERP) solution for aerospace and defense contractors, iBaan Enterprise for A&D.

14 Nov 02. Boeing Co. (NYSE:BA – News) said Thursday it no longer expected to wrap up as early as next month a proposed deal, valued at as much as $18bn, to lease 100 aerial refueling tankers to the U.S. Air Force. Instead, it may take until early next year to reach agreement with the Air Force, partly because of a new Congress taking office in January, said Jim Albaugh, president and chief executive of Boeing’s St. Louis-based Integrated Defense Systems unit.

23 Oct 02. The U.K. Armed Forces’ Minister said (23 Oct 02) that, as at 21 Oct 02, two Phoenix Unmanned Aerial Vehicle (UAV) systems were available for operational deployment at ‘high readiness’ (five days notice to move). The remaining four systems were at a lower readiness, of up to 60 days notice. Each system has nine air vehicles. (Source: DNA DEFENCE NEWS ANALYSIS Issue 02/42 4 Nov 02).

14 Nov 02. TTSC is offering the Smiths Aerospace refuelling system as part of its bid for the Ministry of Defence’s £13bn Future Strategic Tanker Aircraft (FSTA) programme. Risk reduction was a key factor in the selection of the Smiths refuelling system by Boeing, which is prime contractor to TTSC for the aircraft design and conversion. Boeing will contract to Smiths Aerospace, part of Smiths Group plc. Smiths is responsible for supplying an integrated air-to-air refuelling system and is highly regarded for its systems integration and programme management skills.

13 Nov 02. BVR Systems (1998) Ltd. (NASDAQ: BVRS), announced a net loss of $3.5m, or $0.33 per share for third quarter 2002, (2001: profit of $0.02m, or $0.00). Net loss for the first nine months of 2002 was $3.5m or $0.33 per share, (2001: loss of $1.1m or $0.10). Revenues for the third quarter of 2002 were $3.4m, (2001: $11.5m). For

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