Word: contractor
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...risen 13 points from its 1960 low of 18-despite heavy 1960 losses -and jumped five points last week on news that the Administration plans to step up the Polaris missile program. The success of last week's Minuteman missile shot helped send up Boeing, the prime contractor, and Thiokol, maker of the first-stage engine...
...producers of the 1961 extravaganza will be Sinatra and Lawford. The idea for the big show came from Philadelphia Contractor Matt McCloskey, the Democratic Party's national treasurer. "Frankie's an old friend of mine," explained McCloskey. "He told me, 'Matt, if you want me to do this thing, I'll get you all the talent you want.' " Frankie was as good as his word, thereupon unreeled a cast of characters that would stretch from Mocambo to Vegas. It includes Clansmen and Clans-women Dean Martin, Judy Garland, Sammy Davis Jr., Tony Curtis, Shirley...
...Methods. State highway departments have also lowered costs by accepting new building methods. Texas gives a contractor a choice of materials to use on a job so that he can pick the cheapest, e.g. steel or prestressed concrete on bridges. Michigan and other states save time and money by making their surveys by aerial photography. Oklahoma has found that building roads across open country rather than following old high ways has cut land-buying costs...
...broaden the attack on costs a top-level committee of General Bradley, Air Force Controller Lieut. General William D. Eckert and Inspector General Lieut. General Joseph F. Carroll last week launched 70 specialists into the field to survey management practices of Air Force prime contractors. First to be studied is Martin Co., Titan missile prime contractor. Martin was picked because the Titan program is at the stage where catching mistakes might save money. The Atlas missile program is too old, the Minuteman too young...
...every defense contractor is guilty, General Bradley said. In fact, some have taken notable steps to cut back expenses, e.g., one saved $7,200,000 by a 40% reduction in nonproductive personnel; another saved $1,200,000 through centralized purchasing. But all this is not enough. Congress has told the-Pentagon to report in January with a record of cost cutting. General Bradley called on industry "to do some soul and corporate body searching" before Congress is pushed to make arbitrary across-the-board slashes in appropriations...