Word: bomber
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...eight other countries. Next year, sales could soar to $24 million. Variety may be one of the answers. No longer just humble gray, the sweats now come in stripes and seven colors. There are short cheerleader-type rah-rah dresses and skirts, harem pants, saucy knickers, long bomber jackets, and oversized sweatshirts to be worn over tights as minidresses or as tunics with pants. For fall Kamali has added bright, bold, billowing flannel jumpsuits and-shades of 7 Love Lucy-Fred Mertz pants with shoulder straps and Ethel Mertz wrap dresses...
...highflyers of last spring have lately been almost all in the dumps. Chief among them are energy and defense stocks, hit hard by slumping oil prices and less certain Administration defense commitments. Itek, an optical systems maker that could benefit from the iffy Stealth bomber project, dropped from $42 in May to $21 per share. Other defense issues that were off sharply: General Dynamics, down from $33 to $25; Martin Marietta ($68 to $51); United Technologies ($59 to $44); McDonnell Douglas ($37 to $30); and Raytheon ($49 to $40). Among energy stocks, Cities Service, a strong gainer only a short...
Weinberger is expected to present his list of possible military cuts to the President at a meeting tentatively set for this week. Since Pentagon spending is linked to decisions on what kind of MX missile system to develop and which new strategic bomber to build, Reagan may reveal his long-awaited decisions on those programs at the same time...
...Robert Morgan was portrayed as a man who had "been taken in by the ultra-left-wing McGovern liberals in the U.S. Senate." In fact, Morgan was among the most conservative Democrats in the Senate. East's ads charged that Morgan had voted "to scrap the B-1 bomber." Morgan, in a 39-page postcampaign rebuttal to the East ads, said he had voted twice for the B1, voting against only the last-ditch effort to build five prototypes as a bailout for the manufacturer...
...major national and world worries about the air controllers' strike, the neutron bomb, Poland, the F-16s for Israel. This week Secretaries Caspar Weinberger of Defense and Alexander Haig of State will fly out for discussions on the future of the MX missile and the B-1 bomber. On Tuesday Reagan will meet with Office of Management and Budget Director David Stockman to discuss future cuts in federal spending. At the Biltmore, the executive offices of the President appear to be open for business, in spite of their luxurious location in three white adobe cottages beside a putting green...