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Technology Stocks : Defense and Security Investing

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To: hitsoft17 who wrote (23)	2/22/2003 1:29:28 AM
From: Frederick Langford	Read Replies (1) of 245

RTN - Raytheon Co] Raytheon, Lockheed to share $2 bln bomb contract Chelsea Emery and Jonathan Stempel NEW YORK, Feb 21 (Reuters) - Defense contractors Lockheed Martin Corp. LMT.N> and Raytheon Co. RTN.N> will share a contract worth as much as $2 billion to build laser-guided bomb kits for the Pentagon, the companies said on Friday. The companies will be paid about $281 million in the first year of the contract, with Lockheed receiving $106.6 million and Raytheon the balance, according to Ellen Mitchell, Lockheed's director of communications and public affairs. Lockheed learned of its share on Thursday night, she said [RTN - Raytheon Co] China aims 75 more missiles a year at Taiwan - U.S. WASHINGTON, Feb 20 (Reuters) - China is adding at least 75 ballistic missiles a year to its arsenal and is likely to have fielded 600 against Taiwan by 2005, the Pentagon's Taiwan desk officer said in remarks made public on Thursday. "Taiwan faces the most daunting conventional ballistic missile threat in the world," said Air Force Lt. Col. Mark Stokes, the Pentagon official. Stokes Fred

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