FREEDOM HUMS AS MAIN ENGINES COMPLETE SUCCESSFUL TESTING

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MARINETTE, WI, April 30, 2008 — The Lockheed Martin [NYSE: LMT]-led LCS team recently completed another successful milestone in the production of the nation’s first Littoral Combat Ship (LCS) with the light off and testing of Freedom (LCS 1)’s main propulsion diesel engines.

The agile 378-foot Freedom is being built by the Lockheed Martin-led team to help the U.S. Navy defeat growing littoral – or close-to-shore – threats and provide access and dominance in coastal water battlespace.Once complete, Freedom will be a fast, maneuverable and networked surface combatant with operational flexibility to execute focused missions, such as mine warfare, anti-submarine warfare, surface warfare and humanitarian relief. LCS brings a unique combination of high speed, superb maneuverability and a shallow draft, brought together in a special hull form, to enable it to carry out these critical missions.

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Northrop Grumman KC-45: Why We Won — Greater Range

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Highlighting Reasons the U.S. Air Force Selected the KC-45 Tanker as Best for Our Men and Women in Uniform

WASHINGTON – April 28, 2008 – The U.S. Air Force found Northrop Grumman Corporation’s (NYSE:NOC) bid to build the next generation of aerial refueling tankers superior to Boeing’s in four of the five most important selection criteria. Despite this fact, the losing bidder wants the Government Accountability Office to overturn the Air Force decision to award the contract to Northrop Grumman even though the Air Force conducted what even Boeing described as a fair, open and transparent bidding process. Here is another reason Northrop Grumman won, drawn from a list of facts included in the Mission Capability section of a redacted version of a protected Air Force selection document.

Greater Range

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GIOVE-B spacecraft in good health

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After its successful launch by a Soyuz Rocket from Baiknour on 27 April and accurate insertion into its target orbit by the Fregat autonomous upper stage, GIOVE-B is now completing its Launch and Early Operations Phase (LEOP), which will shortly give way to the platform commissioning phase.

Platform commissioning includes the on-board verification of all primary and redundant platform subsystems, namely telemetry and telecommand, propulsion, power, thermal control, and attitude and orbit control. GIOVE-B operations are being carried out from Telespazio’s Fucino Space Centre in Italy.

Once the spacecraft platform has been commissioned, switch-on of the various payload elements can begin. First signal transmission is anticipated in the coming days.

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BAE SYSTEMS RECEIVES $25 MILLION U.S. ARMY CONTRACT FOR VEHICLE EMERGENCY ESCAPE WINDOW KITS

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MINNEAPOLIS – BAE Systems has an order to provide 2,354 Vehicle Emergency Escape (VEE) window kits and 2,000 spare window panels to the U.S. Army. The contract from the U.S. Army’s Tank-Automotive and Armaments Command (TACOM) is for use on up-armored M1151 High Mobility Multipurpose Wheeled Vehicles (HMMWV). The estimated total value of this contract is for $25 million.

The VEE window allows soldiers to remove the ballistic windshields in less than five seconds and quickly exit the vehicle if they are trapped.

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BAE SYSTEMS RECEIVES $31.6 MILLION CONTRACT TO MANUFACTURE NEW MK 14 MISSILE LAUNCHING CANISTERS FOR THE U.S. NAVY

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MINNEAPOLIS – BAE Systems has received a $31.6 million contract to manufacture Mk 14 Mod 2 Tomahawk missile launching canisters for the U.S. Navy. The canisters will house, safely transport and enable loading of the U.S. Navy’s Tactical Tomahawk Missile for firing from the Mk 41 Vertical Launching System (VLS).

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l’Hydroptère back in the water

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l’Hydroptère came back to La Trinité sur Mer marina this afternoon after a pure-speed configuration period of six months in the shipyard. l’Hydroptère team took the opportunity of a quiet weather period to put the flying trimaran back in the water and to remast her.

Last season, the carbon bird broke two world speed records.

In April 2007, l’Hydroptère broke a first record over 500 meters at an average speed of 44.81 knots and a second one over one nautical mile, a performance which made her the fastest craft over the last distance.

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A Sweet Launch for the BT Open 60

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In brief:

* The BT Open 60, skippered by Seb Josse, was officially launched on the River Thames today after an extensive race refit with the support of BT Team Ellen teammates Ellen MacArthur and Nick Moloney.

* The all-girl band, the Sugababes, were onboard singing one of their hit records as the boat sailed under Tower Bridge – find out why below!

* Seb Josse into final preparations for The Artemis Transat – an important stepping-stone to the ultimate goal of the solo Vendée Globe.

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IBM and GE Security Discuss Risk and Security Issues in SecurityStockWatch.com Interviews

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RYE BROOK, N.Y. – April 30th, 2008 –[ASDWire]– “Any comprehensive approach to business continuity and resiliency is going to include both proactive and reactive components. If clients plan well, they can deliver day-to-day value to the organization in terms of improved efficiency, higher service levels, increased satisfaction, more effective operations, more effective risk mitigation programs and greater alignment with regulations. Based on this, our offerings are designed to match three main areas of concern – business driven, data driven and event driven concerns.” These are among the comments and observations by Mr. Philippe Jarre, Vice President IBM Business Continuity and Resiliency Services (NYSE: IBM). The complete interview is available here: www.securitystockwatch.com/Interviews/in_Boardroom_IBM2.html .

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