October 3, 1994

HEADLINE NEWS

CONFEREES SPARE PROGRAMS BY SPREADING CUTS

HEADLINE NEWS

NEW CEO VOWS TO STABILIZE DOUGLAS, C-17 PROGRAM

HEADLINE NEWS

SUMMIT ADVANCES ARMS CONTROL

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HEADLINE NEWS

CONFEREES SPARE PROGRAMS BY SPREADING CUTS

WASHINGTON Senior U.S. defense officials breathed a collective sigh of relief with the House-Senate appropriation conference committee's decision not to eliminate any major programs, although most all were tagged with cuts in the $15-30-million range.

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HEADLINE NEWS

NEW CEO VOWS TO STABILIZE DOUGLAS, C-17 PROGRAM

NEW YORK As McDonnell Douglas Corp.'s new president and chief executive officer, Harry C. Stonecipher is expected to exert a strong influence over an organization long criticized for lacking a firm hand in managing day-to-day operations.

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HEADLINE NEWS

SUMMIT ADVANCES ARMS CONTROL

U.S., Russia speed up warhead dismantling, agree to joint theater missile exercise, but clash again over arms to Iran and Bosnia's Muslims

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HEADLINE NEWS

AEROJET, CADB JOIN PROPULSION EFFORTS

WASHINGTON Aerojet will offer the Russian Energia booster's main engine for existing and new U.S. launch vehicles under terms of a teaming agreement signed with the Chemiautomatics Design-Development Bureau. The accord is the third by Aerojet with Russian companies for engines that could be used to upgrade current U.S. launchers and applied to a new-generation booster.

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HEADLINE NEWS

JOINT-STARS VISIT TIED TO NATO SURVEILLANCE NEEDS

PARIS The U.S. Air Force will fly the E-8 Joint-STARS ground surveillance and targeting aircraft to Great Britain, France, Germany and Belgium this month to demonstrate its capabilities to NATO as part of a major Clinton Administration initiative to sell the aircraft to the alliance.

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HEADLINE NEWS

NO PROGRESS ON RUSSIAN TARIFFS

WASHINGTON The U.S. and Russia signed a series of joint aviation agreements during the summit here last week, but the White House regards them as heavily over-shadowed by Russia's refusal to reopen talks about its prohibitively high import tariffs on Western aircraft.
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HEADLINE NEWS

JAPAN MAY SEEK $1 BILLION FOR ARMY'S OH-X

TOKYO Japan's first indigenously produced helicopter—the Kawasaki Heavy Industries OH-X—has two seats and two engines with modern avionics, composite construction and ducted-tail design. The helicopter, which Kawasaki has displayed as a mockup, has been under development since 1992 as a replacement for the McDonnell Douglas/Kawasaki OH-6J/6D in scout, observation, patrol and command roles for the Japanese army.

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HEADLINE NEWS

NEW NATO CHIEF NAMED

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HEADLINE NEWS

GROOM LAKE EXISTS: USAF

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NBAA '94 PREVIEW

DEALERS FORESEE SUSTAINED USED AIRCRAFT GROWTH

LOS ANGELES The sale of used business aircraft is beginning to pick up due to the improving national economy and a large number of buyers who are anxious to capitalize on the remaining values in the market after a long dry spell. Dealers said the used market—which, in the current cycle, hit its low end during 1991-92—began to stir last year about this time and has remained relatively strong to date.

September 261994 October 101994