Word: 1970s
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Dates: during 1960-1969
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...last Air Force B-52 to roll off the assembly line was completed six years ago. Ever since, the generals have been arguing for a follow-up aircraft to replace the giant bombers by the mid-1970s. Last week they won their case...
...present - a year of sales in excess of $4 billion-and see an even brighter future ahead. Said Ford President Semon Knudsen at the American Trucking Associations' convention last week: "We expect the total truck market to pass a 2,000,000 annual rate in the early 1970s and to reach...
...same time, Fiat's Agnelli has never made a secret of his ambition to turn his highly successful company (1967 sales: $1.9 billion) into the first Europewide, European-owned automaker. He is convinced that such a firm will be necessary in the 1970s if the European auto industry is to weather American competition. He therefore let it be known that if he could not strike a bar gain with Citroën he would look elsewhere-perhaps toward West Germany's Volkswagen. Such a combine might so overwhelm France's entire auto industry that it would crumble...
lacocca did not stop there. In a speech before the Philadelphia Mortgage Bankers Association last week, he predicted that by the late 1970s "we won't be showing any particular elation over a 13 million year. That kind of market will have become routine...
...three nuclear-powered hunter-killer subs, and four nuclear-powered missile submarines. "The Royal Navy," says Jane's, "has taken a cruel knock. It is hardly adequate for peacetime defense, and insufficient for war." Perhaps the cruelest knock of all was Jane's judgment that by the 1970s, if present plans are carried through, the French navy will be stronger than Britain's by a margin of two aircraft carriers and one nuclear sub. So much for the navy that William Blackstone, back in 1765, was able to call "England's greatest defense and ornament...