Word: convairs
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Dates: during 1960-1969
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Still Developing. General Dynamics, which was late getting into jets, has been hit with one of the highest product development costs in history. To develop its Convair 880, 880M and the long-range 990 (which is not yet certified by the Government), the company has spent $350 million. Of this, $116 million occurred unexpectedly this year, partly because of a wing-flutter problem in the 990. So far. General Dynamics has sold 114 jets and delivered 38. many of which, through controversial maneuvers (see below), have turned up in TWA's fleet. General Dynamics Chairman Frank Pace Jr. gloomily...
Eastern Panic. As the refugee flow soared higher and higher, a U.S. Air Force Convair droned up the 110-mile corridor from West Germany one day last week and landed at West Berlin's Tempelhof Airport. Into the hot sun stepped Chancellor Konrad Adenauer, 85, to clasp the welcoming hand of Berlin's Socialist Mayor Willy Brandt. For a few hours, both could forget that they are rivals in the campaign for the fall elections. "I have come here in a moment of crisis," declared Adenauer. "I intend to show that the Federal German Government and I personally...
Loafing on the Job. Despite the high wages, Convair's Thomas O'Malley, the test officer in charge of firing the Project Mercury man-in-space shot, testified that workers at the Cape are loafing-with damaging consequences for the U.S. "If the jobs had been completed on the original schedule," he said, "we'd be noticeably farther ahead than we are today. I'm not talking in terms of days or weeks, but in terms of months...
Primarily affected by the proposed cancellation are the Convair Division of General Dynamics Corp., major contractor for the initial airframe design, General Electric Co. and the Pratt & Whitney Division of United Aircraft Corp., who are developing the nuclear-powered engines. G.E. has already begun sending out notices to dozens of subcontractors and suppliers to stop work on orders totaling millions of dollars, estimated it may have to lay off hundreds of employees. Pratt & Whitney expects to lay off about 800. Convair would also be hurt by the elimination of additional funds for its 6-58 Hustler bomber and by Kennedy...
...chiefly propeller planes. Last week the Air Force took a $1 billion step to develop a cargo-carrying jet air fleet. From Lockheed Aircraft it ordered a new 575-m.p.h. cargo-carrying jet, the Super Hercules (SOR 182). Lockheed won the contract over the competition of Boeing, Douglas and Convair, expects to deliver the first plane by late 1963. All told, the Air Force will get more than 100 planes...