Word: contractor
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...stabbed to death in their Key Biscayne apartment in 1964. Candy and her 24-year-old lover, Melvin Lane Powers, were defended by Superlawyer Percy Foreman in a lurid, seven-week trial. They parted a few years later. She was subsequently married briefly to Barnett Garrison, a Houston electrical contractor...
When Mr. Kotchian arrived in Japan on that August day in 1972, his mission was nothing less than to save the Lockheed Corporation from impending bankruptcy. The company was then, and is now, the largest defense contractor in the United States. (Corporate sales in 1975 amounted to an estimated $3.5 billion.) But in the late 1960's, Lockheed's management had made a major decision to diversify its business and compete with Boeing and McDonnell-Douglas in the manufacture and sale of commercial airliners. Lockheed had thus developed the L-1011 Tristan wide-bodied jumbo jet, but the program...
...effect, then, the solvency of the leading American defense contractor rested upon its ability to accomplish a sale in the international market of civilian aircraft. The Lockheed case dramatically illustrates the fact that critical elements of the American economy have outgrown the geographical confines of the United States. The aerospace industry can no longer be economically defined in terms of the American market. Its sales effort, to succeed, must be international in scope; in Lockheed's case, its 60,000 jobs, $650 million in private bank financing, $250 million in U.S. government backed guarantees, all seemingly hinged upon the success...
...close with a final reflection upon the Lockheed affair. What I have tried to describe to you is the way in which the Lockheed case illustrates a web of entanglement: a major U.S. defense contractor seeks its financial salvation in sales abroad; it penetrates and corrupts the internal politics of major allies of the United States; our own government admits that this fraudulent and corrosive behavior has taken place outside its knowledge and control; and, when a congressional committee proposes to expose the sordid facts and legislate to prevent their repetition, we are told that to do so would endanger...
Cambion, a Cambridge electronics firm whose biggest contractor is the U.S. Defense Department, has consistently sought to destroy the unionizing effort at its Cambridge plant...