May 29, 1995

May 29, 1995

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HEADLINE NEWS

CONGRESS, NASA AT ODDS ON CUTS

By JAMES R. ASKER

COVER STORY

COMANCHE TO FOLLOW PHASED TEST APPROACH

By STANLEY W. KANDEBO

HEADLINE NEWS

HOUSE GOP 'HAWKS' SET STAGE FOR BUDGET FIGHT

By JOHN D. MORROCCO

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HEADLINE NEWS

CONGRESS, NASA AT ODDS ON CUTS

With budget in free fall, space agency scrambles to remake itself. Congress heads for 'train wreck' on cuts

By JAMES R. ASKER

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COVER STORY

COMANCHE TO FOLLOW PHASED TEST APPROACH

STRATFORD, CONN. Boeing Sikorsky and the U.S. Army will follow an incremental approach in verifying the flight controls, reconnaissance and armed recon/attack mission equipment of the RAH-66 Comanche. Flight tests at Sikorsky's West Palm Beach, Fla., facility will be conducted in several phases—as specified in last December's program redirection.

By STANLEY W. KANDEBO

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HEADLINE NEWS

HOUSE GOP 'HAWKS' SET STAGE FOR BUDGET FIGHT

WASHINGTON Apian engineered by Republican "hawks" in the House that would boost U.S. defense spending by more than $9.5 billion could result in a fratricidal battle in the upcoming budget conference between House and Senate negotiators already at odds over the issue of tax cuts.

By JOHN D. MORROCCO

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COVER STORY

RAH-66 COMANCHE ROLLS OUT

The aircraft will next be displayed in Washington, in an attempt to drum up support for future procurement

By STANLEY W. KANDEBO

2425
HEADLINE NEWS

MIR RECONFIGURATION FACES TIGHT SCHEDULE

PARIS The U.S./Russian crew on board Mir will over the next two weeks undertake the most intensive period of reconfiguration in the space station's nine-year history. Russian launch of the 20-ton Spektr station module and the successful repositioning of a key Mir solar array have placed the initial reconfiguration on schedule after earlier setbacks this month.

By CRAIG COVAULT

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HEADLINE NEWS

TELEDYNE RYAN TEAM WINS TIER 2+ UAV COMPETITION

WASHINGTON A team headed by Teledyne Ryan Aeronautical has won the competition for the Pentagon's Tier 2+ unmanned aerial vehicle, an aircraft specially designed for high-altitude, long-endurance spy flights. But a congressional move to add $60 million to the program above President Bill Clinton's proposed Fiscal 1996 Defense budget, if approved, could open the door for a second, fail-back design, according to a senior defense official.

By DAVID A. FULGHUM

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HEADLINE NEWS

ATLAS TEAM PRESSES FOR SWIFT UFO LAUNCH

CAPE CANAVERAL AIR STATION Workers here are hustling to launch an Atlas booster this week so they can turn their attention to the next Atlas, which is to carry a critical defense communications satellite to orbit in late July. The Atlas, set for launch May 31 during a 2-hr. window that opens at 1527 GMT, also will carry a defense communications satellite.

By JAMES T. McKENNA

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HEADLINE NEWS

CUTS THREATEN WEATHER SATELLITES

WASHINGTON Death and destruction could increase in the U.S. due to degraded weather prediction capabilities if budget cuts proposed in Congress become law. The National Oceanic and Atmospheric Administration is warning that it might have funds for only two meteorological satellites in orbit at a time, instead of the normal complement of four.
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HEADLINE NEWS

GE DELIVERS FIRST F414s FOR F/A-18E/F

NEW YORK_ GE Aircraft Engines has delivered the first two F414 powerplants for the Navy/McDonnell Douglas F/A-18E/F. F414 development is now more than 70% complete, and seven test engines have accumulated more than 4,300 ground test hours.
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FINANCIAL SCORECARD

U.S. COMPANIES

Earnings Book Cash Return S&P Company Name Fiscal Yearly % Net % Per Value Flow Per Common on Capital Bond Year Sales Change Income Change Share Per Share Share Shares * Equity Assets Spending* Rating AEROSPACE Boeing Co. 12/94 21924.0 -13.8 856.0 -31.2 2.51 28.46 5.87 341 8.8 4.0 795.0 AA
May 221995 June 51995