January 30, 1995

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HEADLINE NEWS

AEROSPACE PROFITS UP, BUT DROP-OFF MAY LOOM

NEW YORK U.S. aerospace/defense companies are posting strong earnings for 1994's fourth quarter and the full year, but analysts caution that such performance is not sustainable and 1995 may be the year when industry profits peak. Martin Marietta Corp., McDonnell Douglas Corp., Raytheon Co. and TRW, Inc., all reported record performances, although Raytheon's and TRW's profitability was driven by strong sales and income in their commercial businesses.

By ANTHONY L. VELOCCI

HEADLINE NEWS

EUROCOPTER LINKS FUTURE TO TIGER EXPORT SALES

PARIS Early export orders for the Tiger attack-escort helicopter could play a major role in European armed forces' enhanced interoperability and support Eurocopter's ambitious business plan. The Tiger, currently in the flight test phase, is expected to contribute significantly to the French-German firm's upturn, which company executives say will materialize by the end of the decade.

By PIERRE SPARACO

HEADLINE NEWS

APSTAR 2 LOST IN LONG MARCH FAILURE

XICHANG, CHINA A Long March LM-2E launcher carrying a Hughes HS 601 satellite blew up about a minute after a predawn liftoff here Jan. 26, at this Chinese space center. The 164-ft. launcher lifted off about 6:40 a.m. carrying the 3,800-lb.

By MICHAEL MECHAM

January 231995

February 61995

January 30, 1995

January 30, 1995