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Word: armament (lookup in dictionary) (lookup stats)
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...bulls' main argument is that the U.S., launched on unprecedented peacetime spending for armament, is in for a whole decade of inflation. Wages, warned Defense Mobilizer Charles E. Wilson this week, can never go back to pre-Korea levels since the U.S. is "still an expanding economy." When costs and prices rise and dollars cheapen, savings can be protected only by converting them into ownership of "things"-including shares in the land, tools, bricks & mortar of U.S. industry. Moreover, arms spending, already at the rate of $2.5 billion a month, is really just getting under way, will rise...

Author: /time Magazine | Title: WALL STREET: Playing With Blue Chips | 9/24/1951 | See Source »

...Lavochkin). Twin-jet night fighter carrying pilot and radarman. Speed, about 570 m.p.h.; rate of climb, unknown; ceiling, unknown; range, about 2,200 miles; armament, two nose-mounted 32-mm. cannon plus two 12.7-mm. machine guns. Russia's No. 1 night fighter. Production limited, but being stepped...

Author: /time Magazine | Title: Foreign News: RUSSIA'S WARPLANES | 8/20/1951 | See Source »

...Tupolev). Three-man, twin-jet attack bomber (resembles Britain's Canberra). Speed, 530 m.p.h.; range, unknown; bombload, 6,500 Ibs.; armament, two nose-mounted 30-mm. cannon, two 20-mm. cannon in the tail. Beginning production...

Author: /time Magazine | Title: Foreign News: RUSSIA'S WARPLANES | 8/20/1951 | See Source »

...Iliushin). Three-or four-place, twin-jet medium bomber. Speed, about 600 m.p.h.; range, around 2,000 miles; bombload, unknown, but a Red navy version has been fitted to carry a torpedo. Armament, two 37-mm. cannon in the nose, twin 12.7-mm. machine guns in side, top and tail turrets...

Author: /time Magazine | Title: Foreign News: RUSSIA'S WARPLANES | 8/20/1951 | See Source »

...Tupolev). Direct copy of the U.S. B29. Speed, about 400 m.p.h.; range, 4,000-5,000 miles; bombload, 10,000 Ibs.; armament, 10-20-mm. cannon in four turrets. Tupolev has also built a long-nosed version of the B29, which some observers at the Aviation Day show mistook fora...

Author: /time Magazine | Title: Foreign News: RUSSIA'S WARPLANES | 8/20/1951 | See Source »

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