Word: contractor
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...beat, Davis simply moved his power base to the Howard Hughes Medical Institute, run by the oldtimer triumvirate of Davis, Gay and Nadine Henley, Hughes' onetime assistant. The institute is a tax-free foundation that Hughes established in 1954 as sole owner of Hughes Aircraft, a major defense contractor (estimated 1976 sales: $1.6 billion). Hughes Helicopter has won a defense contract-to build a new attack helicopter-that could run as high as $3.5 billion...
Richardson blamed the delays in finishing the remodeling on subcontractor's delays. She said the principle contractor, Minton Construction of Cambridge, had finished its own work on time...
Often a company looking for a merger is in some sort of trouble, but both Beech and General Dynamics are in strong shape. With military sales accounting for 55% of General Dynamics' total revenues ($2.5 billion last year), the firm is the nation's largest defense contractor. With nearly a decade of squabbles with the Pentagon regarding cost overruns on the F-111 fighter now behind it, General Dynamics' current multi-billion-dollar contract to produce 500 hot, single-engine F-16 interceptors for four NATO countries and the U.S. promises to keep earning income...
...aerospace plants across the country, the mood was no less sulfurous. "A great surprise and deep shock," said Bastian ("Buz") Hello, B-1 division manager of Rockwell International, prime contractor for the program. The champagne bottles that had been chilled in anticipation of a celebration remained corked. The gates that were about to swing open to thousands of new employees stayed closed. Many of the 40,000 executives, technicians and assembly-line workers already assigned to the B-1 from Long Island and Cincinnati to Los Angeles and Seattle talked gloomily of hunting for new jobs. The probability that lots...
...Bill Coonrod, a farmer from Monticello, Ind., joined some newfound friends outside his trailer and showed what 40 years of mandolin practice could do. Don Brown, a Huntingburg, Ind., plumbing contractor who slept in his car during the festival's first weekend, opened his trunk and pulled out a five-string fiddle that he had spent two years building. "I played until 4 o'clock in the morning," he said wearily. "That's what the fun of these things is. After the main show is over, everybody gets together and shindigs...