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News briefs: April 26
Posted: Sat, Apr 27, 2002, 10:56 AM ET (1456 GMT)
- TRW announced late Friday that it has signed confidentiality agreements with several companies, allowing them to study TRW's financial information as a prelude to a potential merger. TRW did not identify which companies had signed agreements, although Northrop Grumman, which is attempting a hostile takeover of the company, is not one on them. Meanwhile, the Los Angeles Times reported that Lockheed Martin is starting to lobby the Pentagon to stop a Northrop-TRW merger, claiming it would be anticompetitive.
- A Titan 4 launch planned for early June has been delayed because of a payload problem, Spaceflight Now reported. The Titan 4B was scheduled to launch a classified military satellite on June 3 from Cape Canaveral, but problems with the satellite will delay the launch "more than... a few days", according to the article. The delay will provide additional opportunities to launch the shuttle Endeavour, currently scheduled for a May 30 launch.
- The Indian government has given its approval for the development of a new version of that country's Geosynchronous Satellite Launch Vehicle (GSLV), Aerospace Daily reported Friday. The Mark-3 version of the GSLV will be able to place up to 4,000 kg into orbit. First launch is planned for 2006.
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