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Studebaker-Packard Corp. this week took over the exclusive U.S. distributorship of Germany's Mercedes-Benz cars, priced about $5,000 to $13,000. The deal puts the company back into the luxury-car market, gives it, and Curtiss-Wright, permission to import and manufacture Mercedes-Benz diesel engines and fuel-injection systems. With an eye on the sales surge of cheaper foreign cars, S-P also plans to produce a stripped-down version of its two-door "Champion" this year. Price: about...

Author: /time Magazine | Title: AUTOS: Foreign-Car Speedup | 4/22/1957 | See Source »

...sometimes slow in coming. "Your own company can never understand why you're worth much more two years after being hired," said a 34-year-old electronics engineer on the lookout for a new job, "whereas another company figures that they're getting real experience." Said a Curtiss-Wright engineer: "The general opinion is that if you want more money-change jobs...

Author: /time Magazine | Title: INDUSTRY: Spring Wooing | 4/1/1957 | See Source »

...replace it, G.E. has a new J79 engine (about 15,000-lb. thrust) for Convair's supersonic B58 bomber and Lockheed's F-104A Starfighter. Yet the four-jet B58 Hustler is far from quantity production, and the F104 program may be slowed down (TIME, Feb. 25). Curtiss-Wright is little better off. The company has big commercial orders for its 3,700-h.p. Wright Turbo Compound piston engine, but was slow to push into jets, has only one big seller in the relatively low-powered (about 7,000-lb. thrust) J65 engine for subsonic Navy...

Author: /time Magazine | Title: AVIATION: Rough Engines | 3/25/1957 | See Source »

Rockets & Light Planes. To compound the troubles, few U.S. enginemakers have been quick to jump into the new field of rocket power. Though both Curtiss-Wright and General Electric, now building the first-stage rocket motor for the Vanguard satellite project, are hurrying to catch up, most of the contracts so far have gone to new companies in the field. North American Aviation's Rocketdyne Division currently has 10,250 employees and contracts to power a fleet of big missiles, from the intercontinental Atlas to the Army's 200-mile Redstone. A second newcomer. California's Aerojet...

Author: /time Magazine | Title: AVIATION: Rough Engines | 3/25/1957 | See Source »

...immediate job even when, as a Navy-struck youngster at an Annapolis prep school, he used to cut morning classes, rent a boat and head across the Severn to watch such naval-aviation pioneers as Jack Towers and Albert C. Read in their weird helmets and goggles, maneuvering Curtiss pushers through the bright Maryland sky. At the Naval Academy Arthur did well in the famous class of 1916 that produced more than 40 admirals and made such a hit at Academy hops that his class Lucky Bag terms him "a pink-cheeked Apollo." After graduation and four years in battleships...

Author: /time Magazine | Title: ARMED FORCES: Man Behind the Power | 2/25/1957 | See Source »

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