April 3, 2000

WORLD NEWS & ANALYSIS

Primes Embrace Virtual Consolidation

WORLD NEWS & ANALYSIS

India Riding High On Infotech Boom

WORLD NEWS & ANALYSIS

Changes May Boost JSF Costs Dramatically

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WORLD NEWS & ANALYSIS

Primes Embrace Virtual Consolidation

E-marketplace should help achieve the cost-saving benefits of consolidation that have eluded the industry so far

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WORLD NEWS & ANALYSIS

India Riding High On Infotech Boom

MUMBAI/HYDERABAD/JAIPUR India is being touted as a bright star in information technology, with the potential to be “a second China” for Western investors if its large infrastructure gaps can be bridged. The world’s largest democracy—one billion people—is attempting to leapfrog into infotech (IT) and software preeminence along a broad front, from military modernization and commercial aviation to mushrooming ventures in e-commerce.

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WORLD NEWS & ANALYSIS

Changes May Boost JSF Costs Dramatically

WASHINGTON Plans to revamp the Joint Strike Fighter’s acquisition plan could tack up to an additional 33%—about $4 billion—onto early phases of the program. The revelation has produced an explosive environment in the Pentagon, which is already under heavy congressional pressure to cut spending on tactical aviation.

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WORLD NEWS & ANALYSIS

India Derides Nuclear 'Alarmism’

NEW DELHI/ISLAMABAD India adamantly disputes the charge that foreign investment in its economic expansion is threatened by a nuclear arms race with Pakistan. No such race is in the offing for the simple reason that neither country can afford a nuclear arsenal, and both New Delhi and Islamabad have pledged to adhere to a policy of “minimal nuclear deterrence,” subcontinent authorities insist.

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WORLD NEWS & ANALYSIS

NASA Says MPL Was Too Cheap, Too Fast

PASADENA, CALIF. The Mars Program Independent Assessment Team found that the two Mars ’98 spacecraft were underfunded by about 30% and suffered from understaffing, inadequate margins and unapplied institutional expertise that contributed to their failures.

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WORLD NEWS & ANALYSIS

Boeing Looks to Boost Global Presence

LONDON Boeing, seeking to boost its global credentials, is eyeing more intently joint ventures and potential acquisitions in key markets around the world. “You can’t be a global company by just going around selling things,” said Harry Stonecipher, president and chief operating officer.

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WORLD NEWS & ANALYSIS

GE, Pratt Unite For Army Program

NEW YORK General Electric and Pratt & Whitney have signed a memorandum of understanding to cooperate on a new generation turboshaft engine for the U.S Army. According to GE officials, the deal will allow the company to spread some of the financial risk associated with the program.

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WORLD NEWS & ANALYSIS

Marines Erect F119 Hurdles

Washington Pentagon officials still have worries about the growth of weight requirements imposed on the Pratt & Whitney F119 derivative engines that power the advanced short takeoff and vertical landing versions of the Joint Strike Fighter.

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WORLD NEWS & ANALYSIS

Ariane 5 Market Entry Off To Flying Start

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WORLD NEWS & ANALYSIS

Darpa Eyes Supersonic Quiet Recce Aircraft

March 272000 April 102000