Lockheed Martin UK Holdings Limited, a subsidiary of Lockheed Martin Corporation [NYSE: LMT], has acquired HMT Vehicles Limited, a United Kingdom-based developer of designs for military vehicles. HMT Vehicles Limited (HMT) is a privately owned company that has funded the development for innovative designs that have been incorporated into light to medium high mobility wheeled military vehicles in the U.S. and U.K. HMT owns and licenses the intellectual property associated with these designs. Vehicles incorporating HMT’s designs are used as platforms for weapons programs such as the Lightweight Mobile Artillery Weapons System and the Soothsayer electronic warfare programs in the UK. Lockheed Martin plans on incorporating HMT’s designs into its vehicles for U.S. programs such as the Lightweight Prime Mover program and the U.S. Army’s Future Tactical Truck System (FTTS). Lockheed Martin UK Holdings Limited, located in London, will manage the HMT Vehicle business in coordination with Lockheed Martin Systems Integration, based in Owego, NY. “The HMT acquisition aligns with the Corporation’s cash deployment strategy of acquiring companies that enhance our core focus areas and position us for future growth,” said Bob Stevens, Lockheed Martin Chairman, President and Chief Executive Officer. “HMT’s highly innovative vehicle designs will enhance the functionality of Lockheed Martin’s vehicle products, which will benefit our customers and the critical missions they support worldwide.”

Dassault Aviation Company Profile Dassault Aviation keeps corporate leaders flying high in its Falcon family of business jets. Luxury jets account for the bulk of the company's fortunes, with Falcon Jet making up more than 60% of sales. Dassault's lean and mean military aircraft, such as the Mirage and Rafale jet fighters, account for much of the remainder. The company teamed up with SAFRAN to develop tactical unmanned aerial vehicles (UAVs) and is prime contractor for EADS' combat UAVs. Dassault Aviation makes about one-third of its sales in France. The founding Dassault family owns just over half of the company; EADS owns about 46%.

Hawker Beechcraft manufactures passenger planes and offers service and support for aircraft. The company's product line takes in business jets (including Hawker 400XP, Hawker 850XP, Hawker 4000, Beechjet Premier IA), turboprops (King Air 350/B200GT/C90GTi), and piston-powered aircraft (Baron G58, Bonanza G36). The company handles maintenance orders through more than 100 authorized and factory-owned service centers. Raytheon sold its Raytheon Aircraft subsidiary in 2007 in order to focus on its military contracting business. The buyers, Goldman Sachs Group and Onex Corporation, changed the name of the company to Hawker Beechcraft. The purchase price for the acquisition was about $3.3 billion.

Russian-born helicopter pioneer Igor Sikorsky is long dead, but helicopters bearing his name still fly the skies. A subsidiary of United Technologies, Sikorsky Aircraft makes such military helicopters as the Black Hawk (troop assault, combat support, special operations, and medevac operations) and the Seahawk (submarine hunting, missile targeting, anti-surface ship warfare, and search and rescue). Sikorsky is developing the next-generation CH-53K helicopter (to replace the CH-53E) for the US Marines. Civil products include the S-76 and S-92, which are used for rescue, offshore oil, medical, and corporate use. Sikorsky also offers fixed-wing aircraft, spare parts, and MRO services for helicopters.

Kaiser isn't based in Germany, but flying on one of its private jets will make you feel like a king. From its hubs in Oakland and Santa Rosa, California, KaiserAir provides a variety of services to the general aviation community in the Bay Area. The company offers FBO (fixed-base operations) services such as fueling, line service (cleaning and catering, maintenance and repair, and ground transportation. KaiserAir also has a fleet of seven Cessna and Gulfstream business jets available for charter. Founded in 1946, the company was originally part of a stable of businesses controlled by pioneering industrialist Henry Kaiser.

ExpressJet Holdings, Inc. owns strategic investments in the air transportation industry, and operates various divisions to leverage the assets of its subsidiaries, including ExpressJet Airlines, Inc. and ExpressJet Services, LLC. ExpressJet Airlines serves 128 scheduled destinations in North America and the Caribbean with approximately 1,050 departures per day. The companys operations include a capacity purchase agreement for Continental Airlines, Inc. (Continental); providing clients with customized 41-seat and 50-seat charter options (www.expressjet.com/charter); and supplying third-party aviation and ground handling services. As of March 31, 2009, it operated 244 aircraft comprising 214 aircraft for Continental under the capacity purchase agreement, and 30 aircraft for corporate aviation under long-term charter agreements and ad-hoc charter arrangements. The company was founded in 1996 and is headquartered in Houston, Texas.

BMT Defence Services is Europe's leading independent centre of excellence in naval design and engineering. Its track record in designing new and supporting existing warships, submarines and auxiliary vessels has been growing consistently since it was incorporated in 1988. The authority and credibility of its design advice is determined by the experience, qualifications and quality of its employees and by the continued independence of its parent company from defence system and equipment manufacturing interests. The company has supported almost every UK naval programme since 1988 and is one of the few external organisations to be named by the UK Ministry of Defence (MoD) as a Delegated Naval Authority. BMT Defence Services employs over 200 people at offices in Bath, Bristol, Keynsham and Weymouth.

Honda Aero helps jet-setters to fly away. A subsidiary of Honda Motor Co., the company specializes in developing a variety of aircraft engines. Honda Aero, founded in 2004, holds a 50% stake in GE Honda Aero Engines, a joint venture with General Electric that produces jet engines in the 1,000 to 3,500 pound thrust class. Honda Aero plans to establish a new corporate headquarters in 2008 and a manufacturing plant in Burlington, North Carolina, that will begin production in 2010. The new facility will make jet engines developed by GE Honda Aero Engines.

One of the world's leading airport operators, BAA owns and manages seven airports in the UK, including London's Heathrow, Gatwick, and Stansted. The company oversees functions such as cargo handling, fire protection, property management, retail operations (including its own World Duty Free stores), and security. In addition, it runs the Heathrow Express rail service to London and works with other mass transit operators. Outside the UK, BAA has a 65% stake in the Naples International Airport in Italy and manages the retail operations at three US airports in Pittsburgh, Baltimore, and Boston. A group led by Spanish infrastructure manager Ferrovial acquired BAA in 2006 for more than ?10 billion in stock.

The company manufactures more non-military helicopters in a year than the collective ship production of all other North American manufacturers. Its aircraft are used in applications from police work to television news reporting, instrument flight training, radio traffic reporting, and emergency services. Robinson Helicopter offers two main product lines: the two-seat R22 and the four-seat R44. The company also provides overhaul and maintenance services and safety courses for technicians and pilots. The privately held company is owned by founder, chairman, and president Frank Robinson.

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