IBM is engaged in advanced research and development projects on various aspects of machine translation, between several language pairs. The activities reported on hero are all parts of a rather large-scale, international effort, following Michael McCord’s LMT approach. The paper focuses on seven selected topics: recent enhancements made in the Slot Grammar formalism and the specific analysis components; specification of a semantic type hierarchy and its use for verb sense disambiguation; incorporation of statistical techniques in the translation process; anaphora resolution; linkage of target morphology modules; methods for the construction of large MT lexicons; and interactive disambiguation.