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Tech-Syn said it would post lower than expected earnings because of technical problems that delayed shipments, the company said. The announcement dropped the company’s stock $3.25 to $28.62. Tech-Sym makes GPS equipment and control units for U.S. military training areas. During the quarter, the company bought Berlin-based Telefunken Sendertechnik for an undisclosed figure. (Wendell Gamel,...

Technologies, including GPS, will be the cornerstones of a new intelligent transportation system (ITS) initiative that recently was unveiled by Transportation Secretary Federico Pena at the Transportation Research Board meeting here. Pena, who called the ITS initiative "Operation Timesaver," said the program will cost $10 billion in federal funding to complete in 10 years. Using...

Rockwell Gets $11.8 Million Contract Rockwell International’s Collins Avionics and Communications Division won an $11.8 million contract modification from the U.S. Naval Systems Command for 701 control display navigation units. The units will go into GPS systems onboard Navy and Air Force aircraft. (Jim Thebeau, Rockwell Intl, 319/395-5775.) HighwayMaster Signs Deal With NationaLease Dallas-based HighwayMaster...

For the 15th consecutive year, SATELLITE NEWS, Via Satellite magazine and the 1995 World Satellite Directory announce “Satellite ’96: Emerging Global Markets,” Feb. 7-9, 1996, at the Hyatt Regency Crystal City, in Washington, D.C. Satellite ’96 has grown to be the most important commercial communications satellite conference and exhibition in the United States. Via Satellite...