Word: aircraft
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Dates: during 1950-1959
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...that the President of the U.S. is airborne on his 19-day, 22,370-mile trip, he will be outranked by his Air Force aide and aircraft commander, Colonel William Draper. And every one of those hours will symbolize days of work by Pilot Bill Draper, 39, and his crew in coping with the logistics involved in taking the President to the far side of the world and back...
...your report on defense in the Nov. 9 issue, reference was made to "the phasing out of the F-105." To the best of my knowledge, this information was not exact. The 1960 fiscal budget does call for a reduction of the monthly rate, but the overall number of aircraft to be produced in present U.S.A.F. programing is, we have been told, substantially unchanged. Further, no money has been appropriated beyond fiscal 1960 for any military products. We are of the firm opinion, based on the best knowledge available, that the Air Force is programing the F-105 through fiscal...
...budget makes only token cuts in force levels, proposes to halt no major projects except nuclear power for aircraft carriers. The rising cost of arms is met mainly by the timeworn device of "stretching out" procurement and development schedules on hardware. The stretch-out looks fine on paper; it keeps programs alive at a reduced spending rate, preserves the same high-sounding force goals for the future-but only pushes the future farther into the future. Actually, in the day of inexorable change the stretchout wastes more money than any other budget practice. It postpones operational dates on entire weapons...
...manufacturing subsidiaries are publicly owned, and of these only eleven have some degree of Australian ownership. But the Aussie who invests in a domestic company can make handsome profits on his own. In a land that is turning out its own diesel engines, railroad cars, jet aircraft and transistor radios, stocks are an investor's dream. Ansett Transport Industries, Clyde Industries (engineering), Broken Hill Proprietary Co. Ltd. (steel) are all up 50% in a year, while Colonial Sugar Refining has jumped 70% and Rothmans Ltd. (cigarettes) a whacking...
...writes, "man can only approach the future rationally in terms of the present and the past. Even so, it is well to recognize that progress is not always attained in terms of today's conventions and reasonings. Man first tried to fly by flapping birdlike wings, but modern aircraft do not use this principle; nor do modern railroad cars bear much resemblance to the horse-drawn carriage prototypes. There must be a somewhat visionary or even fanciful approach to the future as well as a conventional one." New approaches to knowledge are as out of this world...