Word: northrop
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American contractors like Lockheed Martin, Boeing and Northrop Grumman still share the bulk of U.S. defense spending, of course. But waves of consolidation have narrowed the domestic field to a small--and, critics say, often uncompetitive--number of major players. And even those firms are looking abroad: Boeing, the world's top aerospace firm and the U.S.'s biggest exporter (2004 revenues: $52 billion), outsources jet components to Japan and Italy. "It's not just a cliché to say the world is getting smaller," says Mark Ronald, CEO of the U.S. arm of BAE Systems...
...officials. That has allowed EADS to get into the game with its own tanker. "The U.S. tanker deal is fundamental to us," says Crosby. He announced the company's intention to assemble the jet in the U.S. should EADS win. EADS will probably partner with a U.S. company, perhaps Northrop Grumman, to make the proposal more attractive to the Pentagon...
...increasing number of spies are raking in East bloc money by selling secret information on microelectronics, computers and signal-processing techniques. "Science and technology is the largest growth industry" in espionage, says Edward O'Malley, an FBI assistant director in charge of the intelligence division. Some recent examples: a Northrop engineer pleaded guilty in March to attempting to transmit Stealth technology to the Soviets for $55,000; the husband of a worker at a Silicon Valley defense firm used his wife's access to sell high-tech documents on ballistic-missile research to Polish intelligence for some...
...city has become a victim of its own success, as three-bedroom houses sell for $2 million and the high rents that gallery owners are willing to pay force out mom-and-pop stores. Oldtimers shrug at the city's latest dirigiste maneuver. "This is still paradise," says Wilda Northrop of the Carmel Art Association. "No matter what happens on Ocean Avenue, there's always the beautiful ocean at the end of the street." By Terry McCarthy
...lives and make the world a better place," she notes. "It was clear then that it was time to put up or shut up." Her work led to the first robots built specifically for the task, to be released in the next year by American Standard Robotics and the Northrop Grumman subsidiary Remotec. The robots are expected to be able to gather data by themselves so that operators can focus on the emergency at hand...