Word: 14a
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Dates: during 1960-1969
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...save money while modernizing. McNamara thought he could save $1 billion by developing one plane for three services: Air Force, Navy and Marines. Eventually, the Marines dropped out, and the Navy, after investing $200 million, abandoned the carrier version in favor of its own new plane, the F-14A. The Air Force is reasonably satisfied with its F-111, except that a dozen have crashed so far, and the plane is costing $6 billion, more than twice the original estimate...