Word: armaments
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...million development contract for a small number of planes. But if the Hustler proves as good as it looks, Convair is in line for a whopping big order and a pat on the back. Where most U.S. planemakers just build the air frame, then fit on whatever armament, radar, etc. that the Air Force orders, Convair's B58 is the first U.S. aircraft to be built under the new "weapons-system" concept, where the prime contractor is responsible for everything (except engines). On a plane as complex as the Hustler, the new system can save as much as three...
...Principal ambition of all Soviet rulers is to equal the industrial and armament potential of the U.S. by "laying their hands on Western Europe, either intact or almost intact, with its industries, its excellent human and natural resources...
Some feel this reticence about admitting a resurgence of religion results from understandable self-consciousness about Oxford's identification with past movements, i.e., the Oxford Movement (Keble, Newman, Pusey), the Frank Buchman "Oxford Group"-Moral Re-Armament, the pacifism of the '30s. Whatever the reticence, churchgoing is at a new high level. "It's quite a relief," said one staunch Anglican last week. "Let them have all the bun fights they want. At least, nobody any longer believes that religion is the haven of anti-intellectual obscurantism...
...home full speed ahead on heavy industry and armament; all out on collectivization of agriculture, whatever the cost...
...military junta and the unstable condition of Egypt gave shareholders no guarantee that their investment would be protected. Said Black: "The Bank is a bank, not a handout business." While the World Bank hesitated, Nasser talked to the Russians, who are supplying him with arms from the Czech armament factories. The Russians offered to lend Egypt $300 million for 30 years at 2% interest, promised to complete the dam in six years instead of the 15 estimated by Western engineers. Nasser confided to U.S. officials that the prospect of having an army of Communist engineers in Egypt pleased...