In the Region Ciena Corp. fills 2 new jobs, revamps...

BUSINESS DIGEST

July 13, 2002

In the Region

Ciena Corp. fills 2 new jobs, revamps development arm

Ciena Corp. promoted Jesus Leon yesterday to the new job of chief development officer, in which he will oversee the company's revamped product-development unit.

The third-biggest U.S. maker of fiber-optic equipment also named Arthur Smith, 36, to the new position of senior vice president of worldwide customer services and support. He had run one of the company's long-distance network development teams. Leon, 57, had overseen Ciena's Metro Transport and Metro Switching divisions, spokesman Glenn Jasper said. Both men were senior vice presidents.

The Linthicum company also consolidated its development arm into three groups: Core Networking, for products used in long-distance networks; Metro Networking, for regional or citywide networking gear; and LightWorks Solutions, which designs equipment and software to boost the speed of phone networks and lower costs. Ciena said the reorganization will help it win orders from large phone companies, which prefer to deal with a handful of contacts at suppliers rather than representatives from each product line.

Lockheed to upgrade Customs Service planes

Lockheed Martin Corp., the world's biggest defense contractor, said yesterday that its aeronautics unit had won a $27 million contract to upgrade four planes for the U.S. Customs Service.

The planes, used for surveillance and drug interdiction, will get new glass cockpits with new flight-management systems, digital-engine instruments, digital autopilots and revamped radars, Bethesda-based Lockheed said.

Lockheed's aircraft and logistic centers in Greenville, S.C., together with other Lockheed facilities in Eagan, Minn., and Syracuse, N.Y., will complete the modifications. The work started this month and is expected to be finished in September 2003.

Elsewhere

Prosecutors receive more time for deal with ImClone chief

Federal prosecutors were given a two-week extension yesterday to continue plea talks with former ImClone Systems Inc. chief executive Samuel D. Waksal, who is charged with insider trading.

Prosecutors had until yesterday to formally indict Waksal on those charges. The two sides have until July 26 to work out a deal.

Assistant U.S. Attorney Michael Schacter requested the extra time in papers filed in Manhattan federal court, where Waksal is charged with tipping off relatives to dump stock the day before the Food and Drug Administration announced that it would reject ImClone's application for Erbitux, its highly promoted cancer drug.

American plans to dump `Operated by TWA' tag

Another vestige of Trans World Airlines is disappearing, as American Airlines removes the "Operated by TWA" tag on bookings.

American, which bought TWA out of bankruptcy last year, said it will remove the TWA tag on flights operated by the old St. Louis-based carrier after July 31.

Other TWA functions have been combined with American's operations.

Boeing to cut 100 jobs at plant in Macon, Ga.

Boeing Co. will cut 100 jobs at its Macon, Ga., assembly and maintenance plant next week, trimming more than 12 percent of the work force.

The company expects the workers to be gone by mid-September "unless we are successful in getting more contracts," spokesman Al Stewart said.

Federal law requires companies with 100 or more workers to give 60 days' notice of layoffs. Chicago-based Boeing has about 800 employees in Macon, mostly doing maintenance and other work on military aircraft.

This column was compiled from reports by Sun staff writers, the Associated Press and Bloomberg News.

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