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To: Gutterball who wrote (962)2/7/1998 9:42:00 PM
From: Bill Rogers  Respond to of 6464
 
Dan...
Sorry you missed it, hope you are out



To: Gutterball who wrote (962)2/8/1998 9:24:00 PM
From: Gutterball  Respond to of 6464
 
Lockheed Chief Urges Joint Ventures

MUNICH, Germany (AP) - As European nations move toward consolidating their defense industries, U.S. defense giant Lockheed Martin is seeking more cooperation between Europe and the United States.

Addressing an international defense conference, Lockheed Martin chief executive officer Vance Coffman said Saturday that NATO nations will be stronger if they share the production and development of weapons.

"No one member of the Atlantic alliance has a monopoly on world-class technology," he said, "and no one member can shoulder the burdens of maintaining a defense industry sufficient to meet all its security requirements."

Coffman's comments come just weeks after Germany, Britain, Italy and Spain signed $30.6 billion in contracts for the long-awaited Eurofighter, a jet to be produced jointly by the four nations.

Officials hope the Eurofighter will help Europe's aerospace and defense industries compete with the United States - namely Boeing and Lockheed Martin.

While Coffman said he understood Europe's wish to be independent from the U.S. defense industry, he urged nations to still consider joint operations with the United States.

Citing three multi-billion dollar joint ventures with Russia, Coffman said he wished it were easier to sign similar contracts with Germany, France and Britain.