August 3, 1992

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HEADLINE NEWS

Senate Panel Calls for Reassessment of Roles and Missions, Aircraft Plans

WASHINGTON The Senate Armed Services Committee’s markup of the Fiscal 1993 defense authorization bill calls for a sweeping review of military roles and missions, with a particular emphasis on eliminating duplication and redundancy in tactical aviation programs.

By JOHN D. MORROCCO6 min

HEADLINE NEWS

Canada Approves $4.4 Billion Program to Buy 50 EH-101s for Sea, Air Operations

BOSTON The Canadian government has decided to go ahead with the acquisition of 50 EH-101 helicopters in a $4.4 billion program that will fill the country’s needs for shipboard and search-and-rescue aircraft well into the next century. The announcement by Defence Minister Marcel Masse that the cabinet had approved the EH-101 acquisition surprised many industry and military officials who had expected the review to continue through the summer.

By DAVID HUGHES5 min

HEADLINE NEWS

Probers Eye Fuel Starvation as Factor in V-22 Accident

FT. WORTH PHILADELPHIA Investigators seeking the cause of the crash of a prototype Bell/Boeing V-22 were concentrating on the possibility that fuel starvation caused the aircraft to lose power in both engines as it was approaching a landing at the U. S. Marine Corps air base at Quantico, Va. (AW&ST July 27, p. 23).

By DAVID A. BROWN,STANLEY W. KANDEBO5 min

HEADLINE NEWS

Space Station Survives Floor Fight in House, But Opponents Gain Ground

WASHINGTON For the second time this year, NASA’s space station has survived a major floor fight in the House of Representatives, but opponents narrowed the vote to 237-181 this time. Moreover, the victory leaves the space station $525 million short of the Bush Administration’s $2.25 billion request in the House.

By JAMES R. ASKER4 min

HEADLINE NEWS

Loral Moves to Improve Financial Performance, Expand Presence in Military, Commercial Markets

NEW YORK Loral Corp. will improve its financial performance through 1992 and use that strength to further expand in military and commercial markets, in part through the acquisition of key strategic assets. The proposed purchase of LTV Corp.’s missile division “does not diminish or abate our appetite [for acquisitions] in any sense,” Loral Chairman and Chief Executive Officer Bernard L. Schwartz told the corporation’s shareholders at their annual meeting here last week.

By JAMES T. MCKENNA3 min

HEADLINE NEWS

Pentagon to Audit Sales to Israel in Wake of General Electric Fraud Case

WASHINGTON Lt. Gen. Teddy Allen, director of the Defense Security Assistance Agency, told Congress last week the Pentagon would begin selective audits of U. S. foreign military sales to Israel following revelations of fraud stemming from a Justice Dept. case against General Electric.

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August 3, 1992

August 3, 1992