Word: aircraft
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Dates: during 1970-1979
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Congress approved the loan guarantee and the aircraft production lines kept humming. But the Emergency Loan Guarantee Board (ELGB), created to oversee the Lockheed loan, received no information about bribery payments uncovered no traces of the corporation's questionable overseas sales habits. William E. Simon, Secretary of the Treasury Department and chairman of the ELGB, told the Banking Committee at the August 25 hearings that he and co-members Ray Garrett, Jr., chairman of the SEC, and Arthur F. Burns, chairman of the Federal Reserve Board, were "distressed" at the new disclosures. But Simons hedged on Proxmire's recommendation that...
Shopping List. The Israelis, as part of the accord, will get not only the new $20 million F-15 fighter but also the lightweight F-16 interceptor, which is the most maneuverable combat aircraft in the world. Kissinger also committed the Administration to considering, "with the view to giving a positive response," an Israeli request for a new model of the U.S. Pershing ground-to-ground missile...
...lexicon. If in the future we see that the agreement has substance, I believe we won't have a new line." What Gur envisions are rolling defensive positions for Israel's armor and artillery, which would be backed up by long-range missiles and high-flying aircraft, including the F-15 and Israel's own K fir fighter...
Strollers wandered into a Fairchild Industries mini-theater to see an eight-minute movie The Hammer, which showed the firm's weapons-laden A-10 tactical-support aircraft in action. Usherettes passed out buttons proclaiming A-10 PILOTS DO IT BETTER WITH A BIGGER GUN. At the Pratt & Whitney booth, S.R.O. crowds gathered to watch Magician Dick Ryan perform feats of prestidigitation while standing next to an F-100 engine built for the Air Force's hot new F-15 fighter. Up popped three red balls in Ryan's hand to symbolize the company's "quality...
...involved an unprecedented American commitment to help maintain peace in the Middle East. The most widely debated proviso of the agreement is an article stipulating that the U.S. will send up to 200 civilian electronics experts to maintain surveillance stations in Sinai that will monitor troop and aircraft movements and report truce violations. Israel refused to ratify the pact without U.S. surveillance. Although not explicitly part of the deal, $2.3 billion in military aid for Israel in fiscal '76, as well as $700 million for Egypt, will now be presented for congressional approval by the Ford Administration...