Word: 5a
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Dates: during 1970-1979
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...show, America's mammoth C-5A Galaxy challenged the Soviet showstoppers for attention over the tarmac of Le Bourget Airport...
...feeling in the industry because many rivals believe that it has often used abrasive competitive tactics. It has a reputation for "buying in" on Government projects, bidding unrealistically low on the assumption that once the contract was landed, the costs could be renegotiated upward. On Lockheed's C-5A military transport alone, the Government has laid out an extra $1.3 billion to pay for "cost overruns." Still, Lockheed last year managed to lose money on the C-5A and three other major military contracts...
...nothing to do with an old namesake in Europe. Rivers are water not bridges. But because we did not believe it we ignored it. What is frightening is that we ignore small natural circumstances without understanding the consequences. We can ignore gravity-but Kitty Hawk complete in a C-5A? There was still something not too bad when the trains had cow-catchers. Today it is inconceivable that they would slow down for anything. They run sterile on their tracks, with no response and no meaning to the landscape. We move our minds and hands in infinite silence and think...
...Boeing 102,000 44,000 North American Rockwell 114,000 76,000 McDonnell Douglas 124,700 92.000 By far the most desperately ill aerospace firm is Lockheed. It is struggling for survival after two grave errors. The company contracted to develop and build the huge C-5A cargo plane for the Air Force at a price that later seemed arbitrarily low. And it decided to bank on Britain's Rolls-Royce, Ltd. to deliver engines for its 256-passenger L-1011 TriStar super jet for a price too good to be true. Both the C-5A and the Rolls-Royce...
...considered a scattershot Senator, but during the past several years, he has homed in on some major issues. In 1967 he pushed a truth-in-lending bill through the Senate that had languished for four terms. He uncovered the $2 billion cost overrun on the C-5A and defense contractors' hiring of former high-ranking military officers. Finally, he is close to success in his fight against...