LEHIGH VALLEY, Pa., Sept.

LONDON, Sept.

TUCSON, Ariz., April 11, 2011 /PRNewswire/ -- Raytheon Company (NYSE: RTN) delivered the first Phalanx Close-In Weapon System to the Republic of Korea Navy for batch one of the new Ulsan-1 class FFX ship program.

South Korea's Hyundai Motor Co.

Text of report in English by South Korean news agency Yonhap [Yonhap headline: "S Korea Launches Northeast Asian 'Oil Hub' Project" by Lee Joon-seung] SEOUL, Sept.