Word: a6
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Dates: during 1980-1989
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...series of costly delays in its F-14 fighter program, caused mainly by the failure of subcontractors to deliver the planes' avionics systems on schedule. Grumman's 1987 profits dropped 55%, to $36 million. Now the company faces a new problem: Carlucci intends to end funding for Grumman's A6 Navy bomber, which accounted for 15% of last year's pretax profits. "If any company in defense is vulnerable, it is Grumman," says Paul Nisbet, an industry analyst with the Prudential-Bache investment firm...
...week ago, the Crimson led St. Lawrence by a6-2 margin with 10 minutes left in the game. TheSaints ran out of time before they ran out ofgoals. The final: Harvard...
Holding a 15-inch model of the A6, he defended the fighter as "one of the most capable aircraft in the world...
...long ago, Secretary of the Navy John Lehman, 40, swooped onto the aircraft carrier Midway in the Sea of Japan. As he settled on the flight deck in his A6, it occurred to him that the keel of that ship was laid a year after he was born. Now he was managing the Midway and her sister ships, helping to devise a new American defense. "I could go out and make money," he mused. But then, with great relish, he added: "It would not be one-tenth as much...