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| Burnham
Steps Down as Raytheon CEO; Swanson to be Named Chief Executive
Officer
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Representatives of Raytheon Company have announced that effective
July 1, 2003, its chairman and chief executive officer, Daniel
P. Burnham, 56, has decided to step down as chief executive
officer of the company. Burnham will continue to serve on
the board as non-executive chairman.
The board of directors today named William H. Swanson, 54,
currently president of Raytheon, to succeed Burnham as CEO.
Swanson will assume his new responsibilities as president
and chief executive officer effective July 1, 2003.
Burnham said he was proud of the company's accomplishments
over the last five years and that Bill Swanson is the right
leader to become Raytheon's next CEO.
Swanson has been with Raytheon for almost 31 years. He was
named president of Raytheon in July 2002. Before assuming
this position, Swanson was an executive vice president of
the company and president of the former Electronic Systems,
an $8 billion defense electronics business. He has held a
wide range of challenging positions over his tenure with company,
including manufacturing manager of the company's Equipment
Division, senior vice president and general manager of the
Missile Systems Division and chairman and chief executive
officer of Raytheon Systems Company.
Burnham joined Raytheon on July 1, 1998, as president and
chief operating officer from AlliedSignal, where he served
as vice chairman and a member of the board of directors. Burnham
was appointed Raytheon's chief executive officer in December
1998 and chairman in August 1999.
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Lockheed Martin Receives Seventh Contract to Provide Components
for Japan's F-2 Fighter
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Lockheed Martin Aeronautics Co. received a contract from
Mitsubishi Heavy Industries (MHI) on March 31 valued at approximately
$160 million to manufacture components for eight additional
F-2 production aircraft. MHI is the prime contractor for Japan's
new F-2 support fighter, which is currently operational in
Japan.
Lockheed Martin already is producing components for the first
57 F-2 aircraft initiated under six previous annual contracts.
This seventh contract brings the total to 65 aircraft, and
Lockheed Martin will continue to provide all the aft fuselages,
wing leading-edge flaps and stores management systems; 80
percent of all left-hand wing boxes; and other avionics and
avionics support equipment. Lockheed Martin components are
shipped to MHI's Komaki-South facility in Nagoya, Japan, where
they are assembled by MHI with other components to form the
F-2.
Japan selected the F-16 as the basis for the design of its
new support fighter in 1987. In mid-2000, the JDA's Technical
Research and Development Institute completed extensive flight
tests in Japan of four prototype aircraft designated XF-2.
MHI delivered the first production aircraft to the Japan Defense
Agency in September 2000. By the end of March 2003, 36 F-2s
were delivered to the JDA.
In April 2002, Lockheed Martin successfully concluded activity
on the fourth consecutive contract with MHI for Lockheed Martin
components on the F-2. The fifth major contract concludes
this month, and the company began delivering components per
the sixth contract in February. This latest contract is effective
immediately with deliveries beginning in March 2004. Lockheed
Martin has delivered more than 200 major airframe, avionics
and avionics support equipment components in this successful
partnership with MHI since component deliveries began in late
1998.
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Alcatel Wins US$109 Million Network Expansion in Costa Rica
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Representatives of Alcatel announced that the company has
signed a major contract with ICE, the incumbent telecommunications
operator in Costa Rica, to expand and modernize its national
fixed network. Under the contract, valued at approximately
US$ 109 million, Alcatel will provide its Alcatel 1000 MM
switching systems, enabling the operator to offer advanced
voice and data services. The network will be fully operational
by December 2003.
This expansion enables ICE to address the growing demand
for new telephone lines and Internet services in the country,
as well as manage the fast-growing volume of mobile traffic.
This contract reinforces Alcatel as the primary switching
supplier in Costa Rica with a 70 percent market share.
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Perot Systems Signs Six-Year, $14.9 Million Information Technology
Outsourcing Contract With Akin Gump Strauss Hauer & Feld
LLP
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Representatives of Perot Systems Corporation have announced
a six-year, $14.9 million information technology outsourcing
contract with the law firm of Akin Gump Strauss Hauer &
Feld LLP (Akin Gump). This agreement adds to a five-year,
$6 million contract signed in October 2002 to provide service
desk support.
Akin Gump, founded in 1945 by Robert S. Strauss and Richard
A. Gump, is one of the world's largest law firms. With more
than 1,000 lawyers, Akin Gump represents regional, national
and international clients in a wide range of areas, including
antitrust; banking and financial institutions; capital markets;
communications; corporate and securities; employee benefits;
energy, land use and environment; entertainment; estate planning,
wealth transfer and probate; financial restructuring; government
contracts; health; insurance; intellectual property; international;
investment management; labor and employment; litigation; mergers
and acquisitions; privatization; project development and finance;
public law and policy; real estate and finance; taxation;
and technology.
Perot Systems will establish and manage a regional data center
that will enable Akin Gump to achieve centralized operations
for the western United States and also provide redundant sites
for improved business continuity and disaster recovery. In
addition, the company will continue to provide around the
clock service desk support for Akin Gump's offices worldwide.
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Raytheon Awarded $8 Million DARPA Contract to Develop Key
Intelligence, Surveillance and Reconnaissance Technology for
Next Generation Imagery
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Raytheon Company's Space and Airborne Systems was recently
awarded an $8 million cost plus fixed fee contract to design
and demonstrate the world's first Synthetic Aperture LADAR
(Laser Radar) Tactical Imager (SALTI).
SALTI will provide the first airborne optical synthetic imagery
capability to the warfighter. It will provide improved clarity
of electro-optic wavelengths for imaging targets and will
not suffer from the normal glint returns associated with common
X-band synthetic aperture radar. SALTI promises to provide
essential standoff and target identification to manned and
unmanned airborne platforms with unprecedented resolution.
The contract was awarded by the Defense Advanced Research
Projects Agency's (DARPA) Advanced Technology Office with
the Air Force Research Laboratory serving as technical and
program execution agent. Contract work will be performed at
Raytheon Space and Airborne Systems facilities in El Segundo,
Calif.; Tucson, Ariz; and Texas. Upon completion, Raytheon
will deliver the SALTI system to DARPA's Advanced Technology
Office.
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Zyvex Introduces S100 Nanomanipulator System
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Representatives of Zyvex Corporation, a molecular nanotechnology
company, announced the sales release of the S100 Nanomanipulator
System, a positioning and testing tool for nanotechnology
research and development applications.
The S100 accommodates up to four quadrants of three-dimensional
stages, which grasp, move, test, and optimally position molecular-level
samples for scanning electron microscopes (SEMs). A joystick
and illuminated keypad provide an unparalleled degree of control
and resolution. Additionally, a selection of probes and NanoEffectors
are available to enhance the range of testing.
The S100 Nanomanipulator System is part of Zyvex's mission
of providing flexible, automated manufacturing at ever-decreasing
sizes.
Based in Richardson, Texas, Zyvex Corporation is among the
first molecular nanotechnology companies.
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FDA Approves Alcon's Newest Antibiotic, VIGAMOX for Adults
and Children
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Representatives of Alcon, Inc. announced that the company
has received approval from the U.S. Food and Drug Administration
(FDA) of its newest antibiotic product, Vigamox (moxifloxacin
ophthalmic solution) 0.5%, after a six-month review. Vigamox
solution contains moxifloxacin, a potent fourth-generation
fluoroquinolone antibiotic and is safe and effective for adults
and children as young as one year old.
Vigamox solution, dosed only three times a day for seven
days, treats bacterial conjunctivitis. Alcon has studied Vigamox
solution extensively in three major clinical trials involving
more than 1,400 patients.
Moxifloxacin is highly soluble, which allows it to be formulated
at a higher concentration (0.5%) than other fourth-generation
fluoroquinolones. It is very effective against many types
of harmful bacteria that infect the surface of the eye. Vigamox
solution also shows enhanced coverage of difficult-to-treat
Gram-positive bacteria, a class including Staphylococcus and
Streptococcus, which account for an estimated 80 percent of
eye infections. It is also highly active against Chlamydia,
as well as other emerging bacterial threats.
In addition to its therapeutic benefits, Vigamox solution
is robust enough to be formulated without the preservative
benzalkonium chloride, as a result of the inherent antimicrobial
activity of moxifloxacin. It also has a near-neutral pH, resulting
in a low incidence of stinging when applied in the eye - an
especially important consideration for children. Furthermore,
Vigamox solution provides excellent penetration into ocular
tissues. Alcon expects Vigamox solution to be available within
several weeks.
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Permeo Technologies Expands Management Team
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| Representatives of Permeo
Technologies Inc. announced the addition of Andrew Morbitzer
as vice president of marketing and Bill Nelson as director
of product management.
Morbitzer brings more than 10 years experience in developing
successful marketing organizations for global enterprise security
companies. In his new role, Morbitzer will be responsible
for leading the development and execution of corporate and
product strategy, worldwide communications and the positioning
of Permeo as the worldwide leader in application security.
Prior to Permeo, Morbitzer was responsible for marketing
at Imperito, an enterprise network security company, where
he led strategy, product management and corporate marketing.
Previously, he was vice president of marketing for Baltimore
Technologies, a leading Internet and wireless security solutions
provider, where he oversaw the successful launch of the company's
hosted security services. Morbitzer has also held senior management
positions with Cylink and IBM.
Bill Nelson, also a seasoned 10 year veteran in security
joins Permeo to head up the product development area. Nelson
was formerly a product director with NetScreen Technologies,
Digital Link, Tiara Networks, and Hughes LAN Systems. Nelson
has also held software development positions with IDEA and
Retix. |
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Texas Instruments Engineer Wins EDN's "2002 Innovator
of the Year" Award, Products Also Recognized
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Representatives of Electronic Design News (EDN) magazine
announced at an awards banquet in San Francisco that two products
and an analog engineer from Texas Instruments Incorporated
(TI) (NYSE: TXN) were chosen as winners of its 2002 "Innovation/Innovator
of the Year" awards competition. While TI's dual-core
OMAP5910 took home the DSP award, the THS4302 wideband fixed
gain amplifier won the Analog ICs semiconductors category.
Receiving the award for "Innovator of the Year"
was Dr. Badih El-Kareh for his role in the development of
TI's BiCom-III process technology.
Dr. Badih El-Kareh led the team that developed TI's BiCom-III
process technology - one of the industry´s first complementary
bipolar silicon-germanium (SiGe) process. The development
required several novel features to meet the needs of high-performance
analog applications. The process is the first to integrate
both NPN- and PNP-type bipolar transistors to take advantage
of the exceptionally high speeds of SiGe. The complementary
bipolar transistors enable op amp and high-performance mixed-signal
product designs to increase speed up to three times while
reducing noise by as much as one half. Devices designed with
the process operate much faster, over wider operating ranges,
and with greater precision than comparable products.
OMAP5910 is among the first heterogeneous processor (combining
a RISC-based microprocessor and a DSP) developed and targeted
for broad multimedia-rich applications, including biometrics,
web pads, gaming consoles, personal medical instrumentation
and point-of-sale terminals. Combining in a single device
TI´s TMS320C55x DSP core and the TI-enhanced ARM925
microprocessor, the OMAP5910 processor optimizes the performance
of both real-time, processing-intensive tasks and control
functions. Performing both tasks with a RISC processor compromises
performance. However, combining an ARM processor (suited to
orchestrating command and control) with a DSP (ideal for computation-intensive
signal processing tasks) optimizes system performance, as
the system allocates specific tasks to the most appropriate
device.
The first product in a new family of high-performance fixed
gain amplifiers, the THS4302 increases speed three times over
comparable devices. With high speed and low distortion, the
device is well suited for driving high-resolution data converters
for a wide dynamic range in digital signal processing. Manufactured
using TI's new BiCom-III process, the high amplifier bandwidth
benefits wireless infrastructure equipment, such as base stations
and relay stations, with more channel capacity and wider bandwidth
packed into less space. As well as being an attractive alternative
to radio frequency (RF) amps, the THS4302 class AB operational
amplifier (op amp) allows advanced semiconductor test equipment
to keep pace with future generations of high-performance products
that are now in development. Additional product designs, such
as variable-gain and differential amplifiers, high-speed ADC
and read-channels, are now making use of this new technology.
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