Word: build
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Dates: during 1960-1969
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...heeded with distinction in the tropics of the South Pacific and the frozen hills of Korea. Now they are learning to take the sands and swamps of South Viet Nam in stride. As an instructor at Fort Belvoir put it last week: "A bridge is a bridge wherever you build it. If you can build it one place, you can build it another...
...Baroness Guy de Rothschild have bought a house, the Loel Guinnesses have just built one, the Clint Murchisons are just finishing one, the Samuel Newhouses are renting one, and the Douglas Fairbankses Jr. are looking for one. Mexican Millionaire Melchior Perusquia Jr. is spending $5,000,000 to build a private development for what he calls "the best people in the world," including Walt Disney and Frank Sinatra, who last month bought another Acapulco house...
...represented 7.1% of all contracts let by the Pentagon, nearly double the share of its nearest rival, General Dynamics. In the current year, Lockheed is certain to stay at the top of the list of suppliers, having already won two major prizes: a $1.3 billion Air Force contract to build the giant C-5A transport, the world's largest plane, and a development award likely to grow to another $1 billion for the Army's so-called Advanced Aerial Fire Support System, a combat plane combining a helicopter's lift with half the speed...
Lockheed's inevitable answer is diversification. The company makes neither shoes nor sealing wax, but its 43 plants do build ships, satellites, research submarines and even a 220-ft. hydrofoil vessel. Lockheed maintains President Johnson's Boeing-built 707 jet. Its 300 products range from metal micro-particles .025 in. in diameter-as small as sifted sand-to the Polaris missiles, capable of bearing hydrogen warheads from beneath the sea to targets 2,500 miles away. Lockheed's second-stage Agena rocket has put more payload in orbit than any other U.S. booster, telemetered more data from...
...during World War II. Bidding for big contracts became so costly that companies began to specialize instead of lunging after every bit of new business. Often aerospace firms must risk millions of their own dollars on up to eight years of research just to stay in the race to build fewer, but costlier weapons. "We've become more sophisticated, more efficient and more competitive," says Courtlandt Gross. "We've had to -to survive. Our competitors are very alert, very wise, very hard-working." Among Lockheed's top competitors: - Boeing last year surged...