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BUSINESS NOTES ROCKETDYNE WINS NASA CONTRACT.

CANOGA PARK - Boeing Co.'s Rocketdyne unit won a $65 million contract as part of NASA's $767 million Space Launch Initiative. The company did not comment on the project.

NASA is planning a reusable space vehicle similar to the current space shuttle and will tap the specialties of 22 different companies and two university research programs. Rocketdyne will handle upper stages of the delivery vehicle and propulsion, integral parts of the package that NASA claims will improve crew survivability a hundredfold, at one-tenth of the cost. Glendale-based Honeywell also won a $11 million contract on the project.

- Daily News

Foreigners can rent cell phones

Foreign visitors to Los Angeles International Airport will soon have a chance to rent a cell phone locally.

``International passengers arriving at LAX often find that U.S. cellular network connections and technologies are not compatible with their cellular phones from their countries of origin,'' said Ramon Olivares, who runs the concessions division for Los Angeles World Airports.

The phones, expected to be available by August, can be rented at a Triptel counter next to an ICE currency exchange counter in the Bradley terminal.

Customers will pay regular air charges and a $5 daily service charge. They'll be able to drop the phones off at the Triptel counter before departing again, or can pay $12 to $15 to have Federal Express ship them.

- City News Service

Salem purchases Spanish station

CAMARILLO - Salem Communications Corp., a provider of Christian-oriented radio, electronic and printed resources, has agreed to buy Pacific Spanish Network Inc.'s KLNA-FM (105.5) in Sacramento for $8 million.

The two companies signed a local marketing agreement to turn operation of the station over to Salem immediately. The company anticipates closing these transactions during the second half of 2001.

KLNA-FM is a dance music station that will join Salem's growing roster of contemporary Christian music stations, called ``The Fish'' formats. Salem operates these formats in Los Angeles, Dallas, Atlanta, Chicago and Cleveland, all stations acquired by Salem in the last year.

- Daily News
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Title Annotation:Business
Publication:Daily News (Los Angeles, CA)
Geographic Code:1USA
Date:May 18, 2001
Words:338
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