January 27, 1992

January 27, 1992

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HEADLINE NEWS

Drastic Cuts in Weapons Orders Under Way in Former Soviet Union

By JOHN D. MORROCCO

HEADLINE NEWS

United Technologies Restructures in Bid To Boost Profitability, Competitiveness

By ANTHONY L. VELOCCI, JR.

HEADLINE NEWS

Cessna Officials Expect No Changes After Acquisition by Textron Corp.

By EDWARD H. PHILLIPS,ANTHONY L. VELOCCI, JR.

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HEADLINE NEWS

Drastic Cuts in Weapons Orders Under Way in Former Soviet Union

WASHINGTON Weapons production in the former Soviet Union is being reduced drastically, according to senior U. S. intelligence officials, and many defense factories are staying in business only by using dwindling stockpiles of materials. Lt. Gen. James R. Clapper, Jr., director of the Defense Intelligence Agency, said the leaders of the Commonwealth of Independent States, intent on allocating their meager resources toward improving military pay and living conditions, are planning massive cuts in weapons procurement.

By JOHN D. MORROCCO

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HEADLINE NEWS

United Technologies Restructures in Bid To Boost Profitability, Competitiveness

NEW YORK United Technologies Corp. (UTC) is undertaking a massive two-year restructuring program to improve its profitability and ability to compete in the marketplace, with the possibility that still further downsizing may be necessary in 1995.

By ANTHONY L. VELOCCI, JR.

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HEADLINE NEWS

Cessna Officials Expect No Changes After Acquisition by Textron Corp.

WASHINGTON NEW YORK Textron Corp.’s acquisition of Cessna Aircraft Co. is scheduled to be completed in March and is not likely to affect Cessna's plans to develop new business jets, according to senior officials of both companies. Textron, based in Providence, R. I., is buying Cessna for $600 million in cash from General Dynamics Corp., six years after that company paid $663.7 million for the Wichita, Kan.-based aircraft manufacturer.

By EDWARD H. PHILLIPS,ANTHONY L. VELOCCI, JR.

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HEADLINE NEWS

U. S., Europe, Japan Vie For Russian High Technology

WASHINGTON NASA and U. S. companies are pressing to gain greater access to Russian aeronautics and space propulsion facilities in a bid to prevent France, Germany and Japan from gaining the upper hand in utilizing these advanced facilities. But aerospace officials are concerned that the Bush Administration’s failure to quickly define new Russian policy for such cooperation is instead resulting in a windfall for Europe and Japan, which are already forging strong aerospace ties with the former USSR.

By CRAIG COVAULT

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HEADLINE NEWS

Shuttle Laboratory Mission Launches Blueprint for Global Space Exploration

KENNEDY SPACE CENTER S pace shuttle Mission 42 is marking the start of an era in which space explora tion will become increasingly internation al in nature. Launch of the orbiter Discovery with its International Microgravity Laboratory (IML) payload came at 9:52 a. m.

By EDWARD H. KOLCUM

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HEADLINE NEWS

Multinational Crew on Discovery Executing Largest International Manned Payload

WASHINGTON The multinational astronaut crew on the space shuttle International Micro gravity Laboratory mission is to focus this week on materials processing after devot ing much of the early flight to life sci ences experiments. The IML mission launched Jan. 22 on board the orbiter Discovery is the most ambitious multinational manned space flight ever flown and is a microcosm of planned space station Freedom research.
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HEADLINE NEWS

NASP Officials Planning Development Stretchout To Cut Early Acquisition Costs

NEW YORK National Aero-Space Plane officials are developing a detailed X-30 acquisition and construction plan that would stretch the effort to develop a hypersonic, single-stage-to-orbit vehicle by about two years, to lower initial acquisition costs.

By STANLEY W. KANDEBO

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AIR TRANSPORT

SAS Mulls Canceling MD-80s, Pushes Need for Smaller Jets

BONN Scandinavian Airlines System is considering canceling orders for 10 McDonnell Douglas MD-80 series twinjets in favor of smaller aircraft that would match the seating capacity of the DC-9-20s that SAS wants to replace. The discussions with McDonnell Douglas officials have reinforced the current thinking of a number of airframe manufacturer counterparts that bigger is not always better when replacement aircraft are ordered.

By MICHAEL MECHAM

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AIR TRANSPORT

Bombardier Buys de Havilland In Move to Expand Market Share

TORONTO Bombardier, Inc., plans to expand de Havilland's Dash 8 aircraft line and link it with the aircraft and services of fered by its Canadair, Learjet and Short Brothers units in an attempt to seize a larger share of world aerospace markets. Montreal-based Bombardier agreed last week to join with Ontario in acquiring Boeing Canada's de Havilland Div. for $260 million (Canadian) in cash and as sumed liabilities.

By JAMES T. MCKENNA

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AIR TRANSPORT

Saab-Scania Splitting Aircraft Div. To Permit Narrower Market Focuses

WASHINGTON Saab-Scania is reorganizing its aircraft division to focus more directly on spe cific markets in the 1990s. The division, which comprises the Lin koping, Sweden-based company's com mercial and military aircraft programs, will be split on Mar. 31 to serve key func tions: USaab Military Aircraft will become a separate division.
January 201992 February 31992