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...debate over defense spending has put the spotlight on such high-tech hardware items as the MX missile and the B-l bomber. But the less glamorous yet still important elements of the nation's defense arsenal have sometimes received less illumination than they should. A case in point: U.S. minesweepers...

Author: /time Magazine | Title: Swept Away | 9/5/1983 | See Source »

...wasteful way past funds have been spent. Last fall a leaked report, prepared by Air Force auditors at Oklahoma's Tinker Air Force Base, showed astounding increases in the price of aircraft engine parts made by Pratt & Whitney: a turbine air seal for an F-111 fighter-bomber, for example, soared from $16 to $3,033.82 in one year. These findings touched off a broader study by the Pentagon's inspector general's office. Last week a leak of the resulting draft concluded that Air Force and Navy purchasing practices encourage exorbitant price increases on aircraft engine...

Author: /time Magazine | Title: Cost Bombshells | 7/25/1983 | See Source »

...Defense Audit Service, to a House subcommittee. He testified that Navy purchasing officers "are pushed to get parts as soon as possible," even if it means bypassing the Pentagon's inventory. For instance, the Navy paid the Sperry Corp. $110 for each diode used in an F/A-18 fighter-bomber flight simulator, even though the diodes were available from the Pentagon's own spare-parts stockpile at 4? each. The apparent reason for this expensive shortcut: unwillingness to order through the cumbersome military bureaucracy. Declared Democratic Congressman Nicholas Mavroules of Massachusetts: "This is an abominable situation...

Author: /time Magazine | Title: Cost Bombshells | 7/25/1983 | See Source »

...senior vice president of Shearson/American Express. "Volcker is being asked to keep interest rates down when he only has part of the action." Congress continues to fail to cut the fiscal 1984 budget deficit below the projected $180 billion. The Senate last week approved funds for the B-1 bomber and chemical-weapons systems. The House passed a new $15.6 billion housing authorization that will maintain the spending level of existing programs. Meanwhile John Chapoton, Assistant Treasury Secretary for tax policy, predicted that Congress will be unable to pass any substantial tax increases in the next two years...

Author: /time Magazine | Title: Paul Volcker Superstar | 7/25/1983 | See Source »

...Five Harvard specialists on nuclear weapons policy published a book supporting a partial nuclear freeze, backing deployment of new NATO missiles in Europe and opposing the B1-bomber but it reached no conclusion on the proposed MX. The study, "Living With Nuclear Weapons" culminated a year long projecting that began the previous June when President Bok announced at Commencement that the University should help to educate the public by providing an objective report on nuclear issues...

Author: NO WRITER ATTRIBUTED | Title: NO HEADLINE | 6/9/1983 | See Source »

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