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...Titan & Atlas. So far, most of the production-and most of the profit-has gone to two giants in the field: General Tire's Aerojet subsidiary and North American Aviation's Rocketdyne Division, both of which got in on the ground floor and today account for almost 75% of all the rocket-engine business. Founded in 1942 by Theodore von Karman, who now acts as a consultant, and a group of scientists at California Institute of Technology, Aerojet plodded along until 1945 when General Tire bought up 50% of its stock for a bargain $75,000, later increased...

Author: /time Magazine | Title: AVIATION: The Rocket's Red Glare | 5/27/1957 | See Source »

...rockets are becoming an increasingly big percentage of the company's total business. By spending an initial $1,000,000 right after World War II on its Rocketdyne Division, pumping in another $26 million, since then for five plants and test facilities, North American won contracts for the Atlas ICBM power plant, the engines for the Thor and Jupiter intermediate missiles. From a start of five men in 1945, North American's Rocketdyne Division has expanded to 10,500 employees, and its sales of some $165 million (18% of North American's total) last year...

Author: /time Magazine | Title: AVIATION: The Rocket's Red Glare | 5/27/1957 | See Source »

General Dynamics built the first atomic submarines, Nautilus and Seawolf, produced the Air Force's F-IO2A all-weather interceptor and the B58 Hustler supersonic bomber. It is now developing the Atlas intercontinental ballistic missile as well as commercial uses of atomic energy, one of Hopkins' greatest enthusiasms...

Author: /time Magazine | Title: PERSONNEL: Change at General Dynamics | 5/13/1957 | See Source »

...them all, the biggest and most important electronics project is the development of the Air Force's intercontinental ballistics missiles, the 5,500-mile Atlas and Titan and the 1,500-mile intermediate missile Thor. The heart, nerves and brains of the giant warbirds are fantastically complex electronic-guidance systems. That the job of" supervising this project, on which the survival of the U.S. depends, was not given to one of the familiar electronic giants-American Telephone & Telegraph, Radio Corp. of America, International Business Machines, General Electric, Sylvania, Westinghouse-but to Los Angeles' Ramo-Wooldridge is a perfect...

Author: /time Magazine | Title: ELECTRONICS: The New Age | 4/29/1957 | See Source »

Illiteracy and prejudice still maintain a fearsome gulf between Moslem Morocco (see FOREIGN NEWS) and the Christian West. But miles south of the ancient Moslem holy city of Fez, high in the oak-thicketed Atlas Mountains, a band of black-robed Roman Catholic monks last week went quietly about their accustomed work: building a retreat where Moroccans and Europeans can meet, trade social and political theories, and learn each other's foreign ways. Their oasis of understanding is Morocco's only Christian monastery, the Benedictine Priory of Christ le Roi at Tioumliline...

Author: /time Magazine | Title: Religion: Meeting in Morocco | 4/22/1957 | See Source »

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