LORAL AND CHINA NAT'L HUAYUN TECH DEV. CORP TO HAVE JOINT VENTURE

Loral Defense Systems-East and the China National Huayun Technology Development Corp. have agreed to establish a joint venture to develop and produce an advanced Doppler weather radar system for use, initially, by the China Meteorological Administration. The system, called CINRAD (China Next Generation Weather Radar) will be similar to U.S.'s National Weather Service NEXRAD network, which is produced by Loral. Loral will own 51 percent of the joint venture, and will provide systems engineering and NEXRAD technology. Loral says CINRAD will offer the same or better performance than NEXRAD, and will be competitively priced.