May 28, 1990

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HEADLINE NEWS

Failure to Support Space Ventures Threatens U. S. Aerospace Industry

WASHINGTON The failure of large U. S. aerospace corporations to invest strategically in commercial space ventures threatens the industry’s international competitive position, a Commerce Dept, study warns. After one of the most detailed examinations of the commercial space sector ever conducted, the Commerce Dept. also faults the U. S. financial community for shortsightedness and blames the government for continually changing “the rules of the game.”

By JAMES R. ASKER6 min

HEADLINE NEWS

Italian Patriot Missile System Program Begins With U. S. Army Award to Raytheon

BOSTON An Italian order for Patriot missile systems, which had been delayed until an implementation agreement was approved by Italy last month, is now back on track with the award of a $414-million U. S. Army contract to Raytheon for ground equipment.

By DAVID HUGHES5 min

HEADLINE NEWS

Piper Plans New Business Aircraft With Dual, Nose-Mounted Engines

WASHINGTON Piper Aircraft Corp. plans to develop a new business aircraft designated Project Phoenix featuring nose-mounted turboshaft engines and airframe technologies based on the Malibu Mirage and the Turbine Malibu. Piper has been studying turbinepowered Malibu derivatives for more than two years.

By EDWARD H. PHILLIPS5 min

HEADLINE NEWS

AMRAAM Improvement Plan To Gain Conditional Approval

WASHINGTON John Betti, under secretary of defense for acquisition, is expected to give conditional approval within a week to a plan for improving the reliability of the AIM120 Advanced Medium Range Air-to-Air missile, Air Force and industry officials said.

By DAVID FULGHUM3 min

HEADLINE NEWS

U. S., European Allies to Decide On F-16A/B Upgrade Program by October

WASHINGTON The U. S. Air Force and its counterparts in Belgium, Denmark, Norway and the Netherlands are scheduled to decide by October whether to go ahead with a joint program to upgrade their inventories of General Dynamics F-16A/B fighters.

May 211990

June 41990

May 28, 1990

May 28, 1990