May 21, 2001

May 21, 2001

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COVER STORY

Raytheon Under the Gun To Meet Financial Targets

By ANTHONY L. VELOCCI14 min

WORLD NEWS & ANALYSIS

Laser Can Foil SAMs, Air-to-Air Missiles

By DAVID A. FULGHUM7 min

WORLD NEWS & ANALYSIS

Political Thickets Swell Around Missile Defense

By PAUL MANN7 min

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7475
COVER STORY

Raytheon Under the Gun To Meet Financial Targets

No one disputes that Raytheon is in a turnaround. Less clear is whether the pace is brisk enough to satisfy large investors

By ANTHONY L. VELOCCI14 min

4243
WORLD NEWS & ANALYSIS

Laser Can Foil SAMs, Air-to-Air Missiles

WASHINGTON A new infrared countermeasures system, designed to protect large aircraft like the C-17 from heat-seeking missiles, has for the first time successfully used a laser to scan the inner workings and outer shape of an attacking weapon, precisely identify it and, finally, provide the correct jamming signal to lead it off course.

By DAVID A. FULGHUM7 min

4041
WORLD NEWS & ANALYSIS

Political Thickets Swell Around Missile Defense

The international community demands missile defense compromise, but U.S. conservatives warn against delaying space-based systems

By PAUL MANN7 min

4243
WORLD NEWS & ANALYSIS

Nuclear Weapons Showing Age

WASHINGTON As the Bush Administration completes its nuclear posture review, the aging of those weapons and hurdles to keeping them operationally viable are emerging as key issues that will need to be addressed. The scope of the problems has been highlighted by a group of experts conducting a congressionally mandated, threeyear assessment of the U.S. nuclear stockpile.

By ROBERT WALL5 min

4445
WORLD NEWS & ANALYSIS

Alcatel Gains New Owners, More Government Business

PARIS CANNES, FRANCE Alcatel is poised to take full control of its space subsidiary as part of a plan to expand the company's growing satcom and government business and operating activities. The Paris-based telecommunications giant, which owns 52.2% of the Alcatel Space unit, will buy the remaining 48.8% stake now held by Thales, increasing the company’s hand in discussions with other satellite manufacturers and operators as the industry consolidates.

By MICHAEL A. TAVERNA4 min

4647
WORLD NEWS & ANALYSIS

EO-1 Satellite Demonstrates Autonomous Formation Flying

GREENBELT, MD. NASA has handed over formation-keeping control of the Earth Observing-1 (EO-1) satellite to software on board the orbital technology demonstrator, achieving for the first time autonomous formation-flying technology that will enable a host of new multi-spacecraft missions in the years to come.

By FRANK MORRING4 min

4849
WORLD NEWS & ANALYSIS

Russia Approves Industry Consolidation

MOSCOW In a further attempt to overhaul Russia's languishing military-industrial complex, the government has approved a radical aviation industry restructuring concept which it hopes to implement within three years. Deputy Prime Minister Ilya Klebanov, who oversees the military-industrial complex activity in the government, said the concept calls for consolidation by 2004 of 316 existing aviation industry enterprises into 9-11 large integrated holding companies with different areas of specialization.

By ALEXEY KOMAROV3 min

5253
WORLD NEWS & ANALYSIS

BAE Systems Explores Export Reform Opportunities

By ROBERT WALL3 min

8081
COVER STORY

Critical Review Spotlights Raytheon’s Weaknesses

LEXINGTON, MASS. On a purely economic or cash-generating basis, Raytheon Co.'s operating profits were about in the middle of the pack in 2000 compared with those of its peer group. In the area of asset utilization, however, Raytheon ranked dead last, and it needs to employ its assets more efficiently to meet investors’ expectations, as reflected in the current stock price, according to HOLT Value Associates, a Chicago-based financial research and consulting firm.

By ANTHONY L. VELOCCI3 min

5657
WORLD NEWS & ANALYSIS

Embraer Logs Big Gain In First-Quarter Profits

May 142001 May 282001