October 14, 2002

COVER STORY

World Space Congress: ‘Vision’ Meets Reality

WORLD NEWS & ANALYSIS

Missile Defense Focus Shifts To Fielding

WORLD NEWS & ANALYSIS

Shareholder Value: Contradictions Galore!

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COVER STORY

World Space Congress: ‘Vision’ Meets Reality

Tight money, new politics, 10 years of success and failure cause shift in focus at the second international conference

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WORLD NEWS & ANALYSIS

Missile Defense Focus Shifts To Fielding

WASHINGTON The Pentagon’s Missile Defense Agency has brought in some high-profile management prowess to accelerate the fielding of new missile defense equipment and to quickly deliver new tools such as high-performance boosters, mini kill vehicles and High-Altitude Airship sensor platforms.

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WORLD NEWS & ANALYSIS

Shareholder Value: Contradictions Galore!

NEW YORK Fact or fiction: Aerospace executives, motivated by Wall Street’s quarterly earnings expectations, think it’s better to strive for near-term profit growth than invest for greater expected returns in three years. It might surprise many industry observers to learn that, in fact, most aerospace executives believe investing for a greater expected return in the longer-term is better, even if it means accepting lower profits in the near future.

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WORLD NEWS & ANALYSIS

Shuttle Returns To Flight, ISS Assembly Resumes

Extension of the station’s truss provides new cooling capability and marks first use of the Canadarm II from its rail-mounted system

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WORLD NEWS & ANALYSIS

Pentagon Predicts Growth in Foreign Military Sales

WASHINGTON The Pentagon is projecting foreign military sales this fiscal year will top totals during the past 10 years, in part because of confidence that an aggressive technical and financing proposal will help secure a win in Poland’s fighter competition.

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WORLD NEWS & ANALYSIS

France, U.k. Still Eye Carrier Cooperation

BORDEAUX LONDON French and British defense officials are convinced that there is still ample scope for cooperation with the U.K. on aircraft carrier programs, despite a British decision to buy short takeoff/vertical landing (Stovl) versions of the F-35 for its own future carrier requirements.

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WORLD NEWS & ANALYSIS

NASA-Pentagon Partnership Expands

WASHINGTON NASA and the Defense Dept. have revamped the Partnership Council responsible for coordinating technology development for civil and national security space activities, a move that may augur reshaping of NASA’s Space Launch Initiative (SLI).

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WORLD NEWS & ANALYSIS

Further Nimrod Slip Draws Scrutiny

LONDON BAE Systems has been forced to further delay, by up to 12 months, first flight of its Nimrod MRA4 maritime patrol aircraft, provoking the Defense Ministry into a review of the impact of the latest problem on the $4.2-billion program.

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WORLD NEWS & ANALYSIS

Chinese Highlight World Space Congress

CAPE CANAVERAL China is signaling its intent to become an international space power by planning a visible and significant presence at the World Space Congress in Houston this week, the single largest international gathering of space managers, researchers and companies in 10 years.

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WORLD NEWS & ANALYSIS

O’Keefe Cool To ISS TV Game Show Schemes

Kennedy Space Center Only hours after NASA Administrator Sean O’Keefe indicated here that the launch of game show winners to the International Space Station could be a frivolous use of a unique laboratory by unqualified personnel, the Russian Space Agency said it planned to cooperate with Russian and U.S. television moguls planning such a flight.

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