Thursday, January 04, 2007

Boeing Gets $50M GPS Contract & General Dynamics to Provide Training Support to Army Reserve Command

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City of Industry, CA -- Defense industry news provided by Financial News USA (OTC: FNWU). The U.S. Air Force has awarded a $50 million contract to a division of The Boeing Co. (NYSE: BA) that is working on an advanced global positioning system, the company announced Tuesday. The Air Force awarded the contract after completing a key review of the program, Boeing's Integrated Defense Systems division said in a press release. Global positioning systems use receivers that can process satellite signals, giving users the ability to compute their position, velocity and time. Northrop Grumman Corporation (NYSE:NOC) has been selected by the U.S. Transportation Command to help establish a Joint Distribution Process Analysis Center that will integrate analytic capabilities across the organization and support joint operations. The center will advance operations, programmatic study support and transformation and leverage analytic expertise from Joint Deployment and Distribution Enterprise partners.General Dynamics Information Technology, a business unit of General Dynamics (NYSE: GD), has been awarded a one-year, $4.9 million follow-on contract to support the training and exercise development program of the U.S. Army Reserve Command's (USARC) 75th Battle Command Training Division (BCTD). The 75th BCTD prepares, synchronizes, supports and implements battle command staff training to enhance the readiness of Army Reserve and National Guard units. MarCom PR, Inc. a leading full-service marketing communications, public relations, advertising, and Internet solutions agency, recently announced that the City of Industry-based Emergency Disaster Systems (EDS) a subsidiary of U.S. BioDefense, Inc. (OTC BB: UBDE) has selected MarCom PR as its marketing and public relations agency of record. MarCom PR was chosen based on its industry knowledge, integrated public relations approach and the ability to provide a full range of communication services.About Financial News USA Financial News USA is a Next Generation Financial Communications firm focused on the distribution of market moving news. Financial News USA has developed leading edge e-publishing tools including programming proprietary RSS feeds and enabling open source press release publishing across its network. Financial News USA has been aggressively expanding its news distribution network by targeting direct feeds to financial news and data providers such as FinancialContent, Yahoo (NASDAQ: YHOO), among others. Financial News USA offers a free news feed available online (www.financialnewsusa.com) to websites and financial services looking for content and for individual investors looking to stay informed on the financial markets. Financial News USA and its affiliates charge each client cash for news distribution and may take an equity position in the companies mentioned herein, please visit the disclaimer at www.financialnewsusa.com Contact Information:Financial News USATel: (626) 961-8067Email: info@financialnewsusa.com

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