Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?

To: Kaliico who wrote (68401)	8/19/2002 12:19:56 AM
From: 2MAR$	Respond to of 208838

Missle Defense ....IBM says missile defense program to use IBM computers ARMONK, New York, Aug 19 (Reuters) - International Business Machines Corp. <IBM.N> on Monday said that 66 of its "Regatta" business computers will be used in the U.S. Department of Defense's national missile defense program. The program is part of the defense department's ground-based midcourse defense program, which aims to use ground-based rockets to shoot down incoming missiles. Congress recently authorized more than $2.5 billion for the program and related testing. IBM declined to disclose financial terms of the deal. The computers that the defense department will use list for $800,000 to $10 million a piece. IBM said that Boeing Co. <BA.N>, which is the prime contractor for the program, ordered the computers, which are based on IBM microchips and which run on IBM's version of the popular Unix operating system. It will use twenty of the computers to run sophisticated test and simulations. The rest of the systems were ordered by TRW Inc. <TRW.N>, another government defense contractor, and will be used for battle management command and control. ((Caroline Humer, New York Technology desk, 1 646 223-6181, caroline.humer@reuters.com)) REUTERS * end of story *