Aerolíneas Ejecutivas Signs A Contract For Fifteen AgustaWestland Helicopters

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AgustaWestland is pleased to announce that Aerolíneas Ejecutivas (ALE) of Mexico has signed a contract for fifteen additional helicopters comprising four AW119 Ke single engine, four AW109 Power and five Grand light twin and two AW139 medium twin turbine engine models. The contract value is worth approximately US$ 83 million. This latest order is part of the framework of the five-year contract and distribution agreement signed in August 2006. This order and the one signed in March 2007 brings the total number of firm orders to 38.

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CareFlite Dallas/Fort Worth Orders An AgustaWestland AW109 Power Helicopter

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AgustaWestland is pleased to announce that CareFlite Dallas/Fort Worth has ordered another AW109 Power light twin turbine helicopter. This purchase adds to the five AW109 Powers ordered in 2001 and further expands CareFlite’s fleet dedicated to emergency medical service purposes.

Speaking on behalf of CareFlite, President and CEO James Swartz stated “This latest contract further confirms the reliance CareFlite, as a leading US air medical operator servicing a major metropolitan area, places upon the exceptional performance, operational economies, support and EMS capabilities of the AW109 Power. AgustaWestland’s AW109 meets and exceeds our load and range requirements while adding superior single engine performance. Its unequalled maximum and cruise speed facilitates an expeditious response to CareFlite’s medical emergencies when seconds are critical.”

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Skyline Helicopters Appointed as First AgustaWestland Service Centre in Canada

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AgustaWestland is pleased to announce that Skyline Helicopters of Kelowna, British Colombia, Canada has been commissioned as the first AgustaWestland Service Centre in Canada.

Grant Louden, the President and CEO of Skyline Helicopters stated that the qualification as an AgustaWestland service centre has been a planned growth goal for some time, and that he is pleased to become part of the family of worldwide AgustaWestland service centres. This additional qualification will expand Skyline’s maintenance business by being able to provide high quality factory authorised service to other Canadian AgustaWestland operators.

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An Exceptional Year for Bombardier Aerospace in Terms of Deliveries and Orders: 361 Aircraft Delivered and 698 Orders Placed in Fiscal Year 2007/08

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Montréal, February 29, 2008

* Business Aircraft: Fourth consecutive year of increased orders and deliveries leads to a record level of orders and deliveries
* Regional Aircraft: Significant increase in regional aircraft orders and fourth consecutive year of increased Q-Series deliveries

Bombardier announced today that it delivered 361 aircraft for the fiscal year ended January 31, 2008. This represents an increase of more than 10 per cent over the 326 aircraft deliveries in the previous fiscal year. Additionally, the Company received 698 aircraft orders compared to 363 for the same period during the previous year.

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DAILY UPDATE – CLIPPER 07-08 – 29 FEBRUARY 2008

ClipperHull & Humber races towards finish line

RACE 7: QINGDAO – HAWAII
DAY 7

FLEET SPLIT AS TACTICAL DECISIONS COME INTO PLAY

GOOD DOWNWIND SAILING CONDITIONS AS WIND INCREASES

WESTERNAUSTRALIA2011.COM HAS NEW SPINNAKER ISSUES

Latest positions and the full leaderboard can be viewed at:
www.clipperroundtheworld.com.

The race viewer today indicates that there are two distinct tactical battles being played out amongst the fleet.

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LOCKHEED MARTIN NOMINATES DAVID B. BURRITT TO BOARD OF DIRECTORS

Bethesda, MD, February 28, 2008 — The Lockheed Martin [NYSE: LMT] board of directors has nominated David B. Burritt to its board. Mr. Burritt is Vice President and Chief Financial Officer of Caterpillar Inc. The nomination will be submitted to the stockholders for approval on April 24. Lockheed Martin directors serve one-year terms.

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Boeing 787 Dreamliner Successfully Completes Fuselage Barrel Test

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EVERETT, Wash., Feb. 28, 2008 — The composite technology, design and construction of the 787 was proven during a series of testing scenarios conducted beginning in late 2007 and concluding this week. The tests were performed on a composite fuselage test section and are part of Boeing’s certification efforts for the 787.

“The tests were very successful – they couldn’t have gone any better,” said Kevin Davis, 787 fuselage authorized representative and leader of the testing.

Boeing engineers proved the composite barrel design through a series of incremental tests that first took the barrel to limit load, a test condition that simulates the most extreme conditions expected to be experienced in the life of the airplane.

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Harris Corporation Updates EPS Guidance for Fiscal Year 2008

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MELBOURNE, Fla., Feb. 28 — Harris Corporation (NYSE: HRS) today announced that it expects non-GAAP earnings for fiscal year 2008 ending on June 27 to be at the lower end of its previous guidance range of $3.45 to $3.55 per diluted share, as a result of additional cost overruns on several commercial satellite reflector programs. The company expects to establish additional reserves of about $47 million in its fiscal third quarter in the Government Communications Systems segment to
cover costs related to redesign, rework and schedule delays.

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LOCKHEED MARTIN’S DAGR(TM) CONTINUES SUCCESSFUL TEST PROGRAM

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ORLANDO, FL, February 28, 2008 — Lockheed Martin [NYSE: LMT] recently completed three successful tests of the DAGR(TM) semi-active laser guidance kit for 2.75-inch/70mm rockets – two guided flight tests and a multi-purpose sled test – demonstrating the system’s precision-strike accuracy, off-axis capability and delayed fuzing mode.

DAGR is now 6-for-6 in control vehicle and guided test vehicle flights, beginning in February 2006.

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