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ITT Exelis and Boeing team completes wind tunnel testing of Next Generation Jammer pod

The Boeing Company (NYSE:BA) and ITT Exelis have successfully completed wind tunnel testing of the team’s proposed full-scale pod at NASA’s Langley Research Center in Hampton, Va.

The testing, observed by U.S. Navy representatives, demonstrated the power generation and control capability of the pod’s Ram Air Turbine, used to generate electrical power for jamming. The pod, if selected by the Navy, will be deployed aboard the U.S. Navy’s electronic attack EA-18G aircraft.

The Next Generation Jammer program, a complete upgrade to existing technology, will ensure that U.S. forces have dominance of the electronic spectrum, providing a comprehensive capability.

“Increased power generation is critical to NGJ success,” said Jim Skerston, Boeing NGJ chief engineer. “The embedded Ram Air Turbine must generate adequate power to operate the system, the transmitter and other mission electronics.”

“The successful demonstration of the power generation system was the culmination of collaborative design work that leveraged ITT’s high power electronics expertise with Boeing’s system integration capabilities,” said Rick Martin, Boeing’s Advanced Military Aircraft chief engineer. “This work takes us one step closer to fielding the next major capability step in the EA-18G electronic attack arsenal.”

A unit of The Boeing Company, Boeing Defense, Space & Security is one of the world’s largest defense, space and security businesses specializing in innovative and capabilities-driven customer solutions, and the world’s largest and most versatile manufacturer of military aircraft. Headquartered in St. Louis, Boeing Defense, Space & Security is a $32 billion business with 63,000 employees worldwide.

More about BA at www.boeing.com

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IMAX Corporation (NYSE:IMAX) and Bona Film Group, a leading film distributor in China , announced that the 3D martial arts motion picture Flying Swords of Dragon Gate earned approximately $2.5 million at the box office in 59 digital IMAX® theatres across China during its opening weekend for a per-screen average of $42,400.

IMAX Corporation is one of the world’s leading entertainment and technology companies, specializing in the creation and delivery of premium, awe-inspiring entertainment experiences.

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Noble Energy, Inc. (NYSE:NBL) announced results from its Leviathan appraisal well in the Amit license offshore Israel. The successful Leviathan #3 well, located more than three miles east of the original Leviathan discovery, encountered approximately 290 net feet of natural gas pay in multiple intervals. The reservoir thickness and quality were greater than anticipated and the gas/water contact was confirmed at the well location.

Noble Energy is a leading independent energy company engaged in worldwide oil and gas exploration and production. The Company has core operations onshore in the U.S., primarily in the DJ Basin and Marcellus Shale, in the deepwater Gulf of Mexico, offshore Eastern Mediterranean, and offshore West Africa.

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Cleantech Transit, Inc. (CLNO)

Cleantech Transit is focusing its efforts on building a portfolio of environmentally friendly green assets. Cleantech Transit goal is to create a self sustaining environment where they can produce and sell clean electricity for their domestic use. In addition Cleantech will expand its focus to other areas of sustainable energies including renewable resources such as Geothermal, Solar and Wind. Their goal is to use innovative technologies to reduce electricity consumption and dependence on carbon based energy.

Cleantech Transit, Inc. (CLNO) is pleased to announce it has met its funding requirement to secure the Company’s ability to earn in 25% of the 500KW Merced Project.

The Company is in the final stages of closing its initial interest in the Merced Project and is currently working on completing the necessary documentation and expects closing the transaction soon. As previously announced Cleantech has the option to earn up to 40% of the Merced Project and the Company plans to continue to work towards increasing its interest in the Merced Project as they move ahead.

Biomass as a fuel resource also includes “biogas’ fuels. Suppose, methane recovered from landfills can be combusted to generate electricity. This technology reduces fugitive methane releases (a major greenhouse gas) and produces a useful product and services. Another source of biogas is farms; dairy waste products (manure and other material) can be placed into a “digester” where micro bacterial decomposition produces combustible gases. This technique can also be applied at waste water treatment facilities.

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The Timken Company (NYSE:TKR) and the United Steelworkers (USW) Local 1123 announced they have reached agreement on a new five-year contract to replace the existing contract, which would have expired September 2013. A ratification vote is being scheduled. “The company and the union were able to reach a tentative agreement that would pave the way for the most significant investment in our steel operations since we built the Faircrest plant,” said Salvatore J. Miraglia, Jr. , president of Timken’s Steel Group. “The expansion would position us to increase capacity, expand product range and strengthen competitiveness.”

The Timken Company keeps the world turning with innovative friction management and power transmission products and services that help machinery perform more efficiently and reliably.

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