Word: aircraft
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Dates: during 1970-1979
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...since 1964. Stehlin was once chief of staff of the French air force, and in 1973 became a vice president of the French National Assembly. Last fall, while quietly getting money from Northrop, he touted American fighter planes, including Northrop's F17, as superior to French aircraft...
...based Economic & Development Corp. in 1971 to promote sales of the F-5 round the world; it operated on an understanding that Northrop would ask no questions about what it does to obtain contracts. Northrop is committed to pay EDC a sum estimated as $3.1 million, representing commissions on aircraft already sold...
...multinationals' operations has been widening. The SEC has already accused Phillips Petroleum, Ashland Oil and General Refractories of making overseas payments not properly accounted for on their books. Senator Church indicated that his subcommittee will call chiefs of other companies besides Northrop to testify. One likely target: Lockheed Aircraft. Last week Lockheed officials admitted making a $22,000 political contribution in an unnamed foreign country where, they say, such payments are legal...
...false puritanism makes Americans really think everything is pure in business. Clearly, oil, arms, electronics and telecommunications deals are usually fertilized a bit." The use of agents and consultants is not peculiar to Northrop. Khashoggi has represented Lockheed, Raytheon and Chrysler, and General Stehlin is still listed by Hughes Aircraft as a consultant...
...billion "total obligational authority" requested by the Defense Department. That would be a $15.7 billion increase and would provide for three new Army divisions, for development of the new B-1 strategic bomber (at $84 million apiece) and for the Airborne Warning and Control System (AWACS) aircraft that would cost $118.8 million apiece, the most expensive plane ever built by the Air Force...