BRIEFCASE INTERAERO ADMITS EXPORT VIOLATIONS.

Byline: - Staff and Wire Services

WESTLAKE VILLAGE - A Westlake Village aircraft parts supplier pleaded guilty to a federal charge of exporting missile and military aircraft parts to China, authorities said today.

Interaero Inc. entered its plea in U.S. District Court in Washington, D.C., to one count of violating the federal Arms Export Control Act, according to U.S. Immigration and Customs Enforcement.

The company admitted exporting six shipments between June 2000 and March 2001, including parts for F-4 Phantom fighters, F-5 Phantom/Tiger fighters and Hawk missiles, without the required State Department export licenses, according to the government.

Under the plea deal, Interaero has agreed to pay a fine of $50,000 and receive five years of corporate probation. The company's sentencing is set for Oct. 26.

Stockholders OK Countrywide plan

CALABASAS - Countrywide Financial Corp. announced Tuesday that its stockholders agreed to double in number the 500 million shares of common stock the company has the authority to issue.

As a result of the approved amendment, the two-for-one stock split to be effected as a stock dividend, which was approved by the board of directors and announced on June 25, will proceed as planned.

It will be payable on Aug. 30 to stockholders of record on Aug. 25.

Wilshire firm set to change name

CALABASAS - Wilshire Financial Services Group Inc. announced Tuesday that it changed its name to Beverly Hills Bancorp Inc.

Effective tomorrow, the company's Nasdaq ticker symbol will change from WFSG to BHBC.

The name change was recently approved by stockholders at the company's annual meeting.

The new name is more reflective of the company's current and expected future operations as primarily a bank holding company, officials said.

Beverly Hills Bancorp is the parent of First Bank of Beverly Hills, F.S.B., a federally chartered savings bank with assets of $1.2 billion.

Delta to offer new Burbank flights

BURBANK - Delta Air Lines said Tuesday that, starting Jan. 31, it will offer one daily nonstop flight to Burbank from Atlanta, and three daily nonstop flights from Salt Lake City.

The Salt Lake City-to-Burbank flights will be offered via Delta Connection carrier SkyWest Airlines.

In addition to its new Burbank service, Delta also serves the Los Angeles area via Los Angeles International Airport, Ontario International Airport and John Wayne Airport.

CSC increases its share in DynPort

EL SEGUNDO - Computer Sciences Corp. acquired Porton International Inc.'s interest in DynPort Vaccine Co. LLC, a biopharmaceutical firm focused on the development of biodefense biologics products, the companies said Monday.

Terms of the agreement were not disclosed by El Segundo-based CSC.

Formerly a joint venture between CSC and Porton International, DVC has been the prime systems contractor for the Department of Defense Joint Vaccine Acquisition Program since 1997.