Word: 4o
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...Under the reproduction cost theory, the value of a 4O-year-old plant, for example, is set at the cost of rebuilding the plant and reproducing its equipment at current wage and material levels, minus a percentage for depreciation. Thus, the net rise in prices over the last 40 years increases the present value, for rate purposes, whether or not any more money has been invested...
...critics blamed them for results stemming from inexperienced tactics, lack of radar and other cause? outside the aircraft's ability. From Feb. i, 1942 to June 30, 1943, P-405 in all theaters, including Northwest Africa, destroyed 560 enemy craft, damaged 128, while losing 204. Yet the P-4O, of which more than 10,000 have been built, has been surpassed by newei U.S. fighters, is finally being discontinued...
Generals had learned, too. In the process, aircraft were sometimes badly used. Best example: the P-40, which was sent out in the early days, sometimes by necessity but sometimes with less excuse, to dogfight nimbler Zeros at high altitudes where the P-4O was second best. Another: Bell's P39 fighter, which the Russians proved was best used as a ground strafer...
...Force. Among the men on Bataan Wagner attained the proportions of a superman. After the first few hours his P-4O squadron had nearly all its planes shot down or destroyed on the ground. Buzz and a few others carried on, strafing airfields as soon as the Japs landed planes on them, tossing bombs and hand grenades out of their cockpits, even sinking small transports with .50-caliber bullets. One day over Vigan, Buzz and Russ Church saw 30 newly arrived Jap bombers lined up on the field. Two Zeros intercepted. Lieut. Church got one, Lieut. Wagner the other. Church...
...homesick angel," reads one. "A bt-13 [Vultee trainer] won't." , Officially unmentioned but part & parcel of the safety campaign is a grapevine disciplinary system. The accident-preventers launch a word-of-mouth report that Pilot Joe Doe pulled a pretty dumb one when he groundlooped that P-4O. Presently the gossip reaches Pilot Joe Doe, who feels terrible...