latest news releases from the newsroom
Northrop Grumman Corp.
Northrop Grumman's Fire Scout UAV Completes Four-Hour Flight -- Longest Yet
SAN DIEGO, Feb. 12, 2003 (PRIMEZONE) -- Northrop Grumman Corporation's (NYSE:NOC) Integrated Systems sector continued its successful envelope expansion of the U.S. Navy Fire Scout vertical takeoff and landing tactical unmanned system with a four-hour mission Feb. 8, the longest flight test to date. Northrop Grumman now has conducted more than 35 flights in the ongoing test demonstrations since May 2002.
SCA Completes U.S. Packaging Acquisition
STOCKHOLM, Sweden, Feb. 12, 2003 (PRIMEZONE) -- SCA (Other OTC:SVCBF) has acquired the North American protective packaging company Specor Systems, Inc. for a purchase price of USD 9 M (SEK 77 M) on a debt-free basis. Specor Systems, with two production units in Wisconsin and one in Minnesota, produces customized packaging, which complements SCA's protective packaging operations in the U.S. Synergies will be achieved through the opportunities that exist for consolidation with the SCA production units in southern Wisconsin.
Cambrooke Foods Partners With Paramed
FRAMINGHAM, Mass., Feb. 12, 2003 (PRIMEZONE) -- Cambrooke Foods, developer of low protein food products for metabolic and restricted protein patients and Paramed, Canada's National Food Distribution Center, announce a cooperative effort to bring low protein foods to Canadians who previously had limited options of food to satisfy their strict low protein diets.