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News briefs: March 25
Posted: Tue, Mar 26, 2002, 6:34 AM ET (1134 GMT)
  • TRW officially recommended Monday that its shareholders turn down a takeover offer by Northrop Grumman. The TRW board of directors voted unanimously to make the recommendation, saying that Northrop's $47/share offer undervalued the company. TRW shares closed Monday at $51.15 a share.
  • Lori Garver, the former NASA official who is vying to be the next space tourist, is willing to undergo surgery to qualify for space flight, reported Monday. Garver is preparing to have her gall bladder removed after gallstones were discovered during a Russian medical exam. Garver said Russian doctors recommended that a wisdom tooth also be removed in order to medically qualify.
  • Thomas Kelly, the "father" of the lunar lander, passed away Saturday at the age of 72. Kelly led the team of engineers at Grumman that designed and built the lunar module used on the Apollo missions, overcoming major technical challenges to develop the spacecraft that landed 12 astronauts on the surface of the moon. Kelly was also involved with the space station project in the 1980s. Kelly's book about the lunar module development effort, "Moon Lander", was published last year.
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news in brief
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news links
Wednesday, January 23
Cornwall's £1bn spaceport plan hopes for lift-off in 2021
Management Today — 6:48 am ET (1148 GMT)
China's space-startup boom fueled by government boost
Nikkei Asian Review — 6:48 am ET (1148 GMT)

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