Word: aircraft
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Dates: during 1950-1959
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Fail Safe is a cold-war projection of an engineering principle used for decades in aircraft design and around dangerous machinery. The principle: if a device can fail, it must be assumed that it will fail, and it must be designed so that its failure will do minimal or no harm. Fail Safe on U.S. railroads, for example, means "the dead man's throttle." If an engineer dies at the controls, his pressure on a foot pedal or hand lever is released, and the train automatically goes into an emergency stop. Fail Safe at SAC means that SAC bomber...
...commands. In a catastrophe situation with the President out of action, the order can be given by a complex of top officials in Washington. And even beyond Fail Safe point and all the way to bomb-drop point, the war order can be reversed and the aircraft called home. Fail Safe, says Air Force General Nathan Twining, chairman of the Joint Chiefs of Staff, is foolproof...
...maiden flight. The plane was Fairchild Engine & Airplane Corp.'s F-27 Friendship, the company's jet-age answer to the problem of replacing the hundreds of aging DC-35 still hauling passengers and cargo on U.S. airways. At $590,000, Fairchild's new aircraft will carry almost twice the load (40 passengers) at half again the speed (more than 280 m.p.h.) twice the distance (1,700 miles), and accomplish the task in pressurized, air-conditioned comfort. Says Fairchild President Richard S. Boutelle: "Every DC-3 in the air is fair game for us, and we want...
...turned out, Fairchild made no turkey callers-or corsets. Hopping into missiles, Fairchild soon found itself expanding its engine as well as its airframe business. The J83 engine soon proved so promising for light jet aircraft that General Dynamics' Canadian subsidiary, Canadair Ltd., chose it as the power plant for the prototype of its new CL-41 trainer, and Lockheed will also use it for its Jet-Star executive transport. Fairchild added half a dozen other lines, from electronic guidance systems for missiles to an aluminum bridge much like a plane wing, in hopes of winning a slice...
Chief value of the statistics is to show trends and changes in the U.S. labor force. Of the overall 2,316,000 jump in unemployment to 5,198,000 since March 1957, more than 1,000,000 came in such big durable-goods producers as autos, aircraft, heavy machinery and steel. The curious fact-and the paradox of the recession-is that other industries, such as wholesale and retail, banks, services (up more than 100,000), real estate and insurance firms, are still booming ahead. In March, employment rose by 323,000 over February, bringing total employment to 62.3 million...