Word: corp
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Dates: during 1960-1969
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THOMAS V. JONES President Northrop Corp. Beverly Hills, Calif...
Ford Motor Co.-whose Aeronutronic Division has contracts worth $40 million for an antitank missile, multipurpose booster rocket, and the outer casing of a moon-probe vehicle-recently bought the $400 million-a-year Philco Corp., mainly for Philco's space-age electronics business (prime contractor for the Army Signal Corps Courier communications satellite, tracking and command equipment for the Discoverer satellite...
Aerojet-General Corp., a subsidiary of General Tire & Rubber Co., builds solid-and liquid-fueled rocket engines for a host of missiles. It also produces infra-red sensors and missile support gear. 1960 sales: $425 million...
Thiokol Chemical Corp. was launched into aerospace by a chemist's accidental discovery that its synthetic rubber made the best solid rocket fuel. Thiokol has since branched into liquid fuel, did $172 million in sales last year...
...Itelc Corp., a Boston area company working on top-secret cameras and other information gatherers for spy satellites, does half its $35 million sales in aerospace. One new product: a camera said to be able to photograph a golf ball from 300 miles...