Enter the following at the map selection screen:
Hold L1 + L2 + Square and press X Two Player Versus Mode. 
Hold L1 + L2 + Circle and press X Xenon Unit. 

Level 16: Main Campaign 
Password: MEANEC

Level Passwords - Original Campaign 
Enter the following codes at the password screen:
-----------------------------------------
REVOLT Level 01 
ICARUS Level 02 
CRYANO Level 03 
RAMSEY Level 04 
NEWTON Level 05 
SENECA Level 06 
SABINE Level 07 
ARAIUS Level 08 
GALOIS Level 09 
DARWIN Level 10 
PASCAL Level 11 
HALLEY Level 12 
BORMAN Level 13 
APPOLO Level 14 
KAISER Level 15 
NECTOR Level 16 

Story Passwords 
------------------------------
RANDAL 1 
HUNDRA 2 
CINBER 3 
MARLIN 4 
BAYARD 5 
WEBLEY 6 
PARKER 7 
MERKEL 8 
ITHACA 9
BAIKAL 10 
SAVAGE 11 
VALMET 12 
MAUSER 13 
KIMBER 14 
BISLEY 15 
LADNAR 17 
ARDNUH 18 
REBNIC 19 
NILRAM 20 
DRAYAB 21 
YELBEW 22 
REKRAP 23 
LEKREM 24 
ACAHTI 25 
LAKIAB 26 
EGAVAS 27 
TEMLAV 28 
RESUAM 29 
REBMIK 30 
YELSIB 31 
CENAEM 32