latest news releases from the newsroom
Northrop Grumman Corp.
Global Hawk Achieves 1,000 Flight Hour Milestone During Tandem Thrust Exercise
RAAF BASE EDINBURGH, Australia, May 22, 2001 (PRIMEZONE) -- The U.S. Air Force's Global Hawk unmanned aerial reconnaissance system, developed by Northrop Grumman Corporation's (NYSE:NOC) Integrated Systems Sector (ISS), passed the 1,000 cumulative flight hour mark over the coastal waters of eastern Australia during its 81st flight. The mission was the first in a series of flights conducted as part of Tandem Thrust, the annual joint Royal Australian Navy/U.S. Navy exercise.
NASD Approves Registration Status of FinancialOxygen
ENCINO, Calif., May 22, 2001 (PRIMEZONE) -- On April 4, 2001,
NASD Regulation, Inc. granted the application of FinancialOxygen,
Inc. for membership into the National Association of Securities
Dealers, Inc., pursuant to NASD Rule 1014. The State of California,
Department of Corporation followed suit on May 10, 2001.
BOWE SYSTEC AG
Annual General Meeting 2001 of the Boewe Systec AG (with link)
AUGSBURG, Germany, May 22, 2001 (PRIMEZONE) At today's Annual General Meeting of the European market, BOEWE SYSTEC (GER:BSY) the leader in professional paper management systems, the Board reported to the shareholders on the seventh consecutive improvement in results. In the 2000 financial year, consolidated sales rose by 13.6% to DM 424.2 million, the consolidated annual surplus by 14.2% to DM 27.4 million. For the sixth time in succession, the dividend was increased to its current figure of Euro 1.00 (DM 1.96, compared with DM 1.75 for 1999).