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During these mergers, Dr. Egan provided leadership during the entire transaction cycle involving industry and market analysis, deal negotiations, antitrust filings, and transition planning and execution. An electrical engineer by training, Dr. Egan is a former chief scientist for the CNO and has extensive experience associated with the development of information technology. Dr. Egan currently is a member of the Chief of Naval Operations Executive Panel and the Naval Studies Board of the NRC.

John W. Asher III is chairman of Strategic Marketing and Analysis, Inc., and cofounder and chairman emeritus of Global Associates, Limited. Global Associates is a fast-growing small business specializing in advanced electronic products for both the public and the private sectors. At Global Associates, Mr. Asher has provided vision and strategic planning to grow a start-up company that was selected in 1997 as one of 50 FAST TRACK companies by The Washington Business Journal, Arthur Andersen, and Riggs Bank (selected 19 of 800). Besides having an extensive background in strategic planning and DOD acquisition, Mr. Asher has developed an enterprise information management system that has been successfully implemented in several large organizations. Mr. Asher also is a former naval officer, having retired at the rank of captain. His naval career included staff assignments to the deputy chief of Naval Operations for Submarines and as director of Submarine Operations and Tactical Readiness. Mr. Asher was also a senior member of the Submarine Research and Development Advisory Group assisting in the formulation of the Navy's future plans for weapons, sensors, and platforms.

Albert J. Baciocco,Jr., retired from the U.S. Navy as a vice admiral in 1987 after 34 years of distinguished service, principally within the nuclear submarine force and directing the Department of the Navy research and technology development enterprise. He graduated from the U.S. Naval Academy in 1953, receiving a bachelor of science degree in engineering. On retirement from the Navy, Admiral Baciocco formed the Baciocco Group, Inc., a technical and management consulting practice providing services to industry, primarily in areas of strategic planning, technology investment and application, and business planning and development. Admiral Baciocco is a director of Honeywell, Inc., and American Superconductor Corporation. In addition, he serves on several boards and committees of government, industry, and academe. He is a member of the Army Science Board of the Department of the Army, and of the NRC's Naval studies Board. He serves on the boards of trustees of the University of South Carolina Research Institute and of the South Carolina Research Authority, a state-chartered, not-for-profit, advanced technology and management enterprise. In addition, he serves on the boards of directors of the Foundation for Research Development at the Medical University of South Carolina and of the Waste Policy Institute, an affiliate of Virginia Polytechnic Institute and State University, and currently serves as chair of the Southeastern Universities Research Asso-