NEW YORK For many smalland medium-size U.S. aerospace companies, mergers and acquisitions will continue to be a cornerstone of their business strategy as they seek to expand their systems integration capabilities, and thus increase their value as suppliers.

WASHINGTON Anew U.S. polar-orbiting environmental satellite may be developed under the Bush administration policy that seeks causes of global warming other than those that would be controlled by the Kyoto Protocol on climate change.

WASHINGTON The latest crisis on Asia’s subcontinent has rekindled doubts whether nuclear deterrence will impose the same long-term military restraint on India and Pakistan that it worked on the U.S. and the Soviet Union during the half century of the Cold War.

NEW YORK As if aerospace/defense companies didn’t already have enough to worry about—between a major downturn in commercial aviation, increasingly demanding customers, delivering on commitments to investors, and a host of other issues—here’s a sobering thought: they probably run a higher risk of being targeted by terrorists than most other companies.