Word: contractor
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Although the Navy called Weinberger's removal of officers before an investigation extraordinary, the Defense Secretary said this kind of reprimand would become "standard" for such excesses. A spokesman for Grumman Aerospace Corp., the defense contractor that made the ashtrays for the E-2C surveillance aircraft it also manufactures, explained the sky-high price tag: "We are not ashtray manufacturers." Grumman has offered the Navy a refund that will lower the price to $50 an ashtray, but Weinberger has better ideas for dealing with the inflated cost. He proposed, only half-jokingly, to substitute "old mayonnaise jars for ashtrays...
...Winged Bullet that Hughes piloted to a U.S. transcontinental speed record of 7 hr. 28 min. at an average speed of 327 m.p.h. The company also built the famed "Spruce Goose," the eight-engine plywood plane that flew just once, with Hughes at the controls. Now a major defense contractor based in El Segundo, Calif., Hughes Aircraft is an important producer of satellites and missiles. It has high-security factories, where some of America's brightest engineers work on advanced military technology. Among its 1,500 projects: hardware for Ronald Reagan's Star Wars program...
Although better known for its TV sets and toasters, GE is the sixth-largest U.S. defense contractor, receiving 20% of its revenues from military work. In 1980 the company's space-systems division in Philadelphia was suffering cost overruns on a $47 million project to refurbish Minuteman missiles. Because GE had agreed in one contract to a fixed price for part of the work, some of the added costs could not legally be passed along to the Pentagon, and the company faced possible losses. To cut down on the red ink, GE managers decided to shift the overruns to different...
With the speed of a Tomahawk missile, the charges of improper billings against General Dynamics, the nation's largest defense contractor, continue to mount. Last week the Pentagon announced that a team of 20 auditors had determined that the company had overcharged the Government by $244 million during the past twelve years for "overhead" and administrative costs. The Pentagon has already withheld $120 million in payments and intends to demand the additional $124 million "to adequately protect the Government's interest." The new figures represent another disclosure in a spreading investigation that has turned up such charges to the Government...
...Department of Defense contractor, had been testing hazardous nerve agents in small quantities for several months before Cambridge health commissioner Melvin H. Chalfen imposed a controversial ban on chemical warfare testing within city limits one year...