Word: backlog
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Dates: during 1950-1959
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Bombers & Backlogs. Though military secrecy clouds the exact backlog and production figures, Pratt & Whitney will fly off with at least 70% of every defense engine dollar in 1957, leaving its competitors to dogfight for the remaining...
...Look. When Radford took over, he found that J.C.S. procedures were so tangled that only Korean war decisions could find their way out of the J.C.S. to the Defense Secretary, and many an important paper, e.g., a policy for guided missiles, was lost in the backlog. On his first day, Radford got the new team of Chiefs to work in his own office, without staffs, without secretaries, shirtsleeves rolled up; with pencils and paper that they had brought along, they began writing out memoranda on post-Korean force levels and budget needs...
...Pentagon plans to close out several wings in the Air Defense Command and Tactical Air Command, some of which were to be equipped with F-104s. Yet Lockheed denies any cuts in planned F-104 production, reportedly has firm orders for hundreds of planes. Lockheed's commercial backlog is also fat with orders for Constellations and its new turboprop Electra airliner...
...transport (see cut), a new turboprop aircraft that can carry 200,000 lbs. of cargo 3,500 miles at 450 m.p.h. speed. Instead of receiving a big contract, Douglas may in the end produce only a few of the planes. But it will still have a heavy backlog of orders for Navy planes and guided missiles, besides $600 million on the books for a fleet of 122 DC-8 jet transports for U.S. and foreign airlines...
...quarter of 1956, making it the best in its history, and voted a quarterly dividend of 60? a share on its recently split 4-1 common stock, equivalent to $2.40 a share on the old stock, or 10? less than last year. At year's end the company backlog stood at $1.3 billion (v. $862 million the year before), of which $580 million was in shipbuilding orders alone. Bethlehem's shipbuilding division, said Chairman Grace, "has finally come to life...