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Technology Stocks : Thiokol now Cordant Techologies (CDD) -- Ignore unavailable to you. Want to Upgrade?


To: Carmine Cammarosano who wrote (11)12/22/1997 11:02:00 PM
From: Carmine Cammarosano  Read Replies (1) | Respond to of 127
 
OGDEN, Utah, Dec. 22 /PRNewswire/ via Individual, Inc. -
Thiokol Corporation (NYSE: TKC) has been selected as
the Propulsion Integrated Product Team leader by TRW,
winner of the Air Force's Intercontinental Ballistic Missile
(ICBM) Prime Integration Contract. Thiokol will lead a joint
venture with United Technologies Corporation, Chemical
Systems Division (CSD) to provide remanufactured
Minuteman III solid rocket motors for all three stages as
well as propulsion sustaining engineering for the
Minuteman and Peacekeeper ICBM weapons systems.
The propulsion program, beginning as early as February
1998, is a 15-year effort worth over $1 billion.