Word: cuttingly
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Dates: during 1980-1989
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Struggling to rein in the federal budget deficit, Carlucci and Congress are slowing the runaway growth in defense spending unleashed during the early Reagan years. Some proposed weapons, ships and planes are in danger of being scrapped by the Pentagon, which would cut into the profitability of companies that have spent millions on research and development. Other projects could be postponed or stretched out. Adding to the industry's uncertainty is the question of what President Reagan's successor will do once he gets his hands on the Pentagon's purse strings. Many executives echo the fears of Grumman Chairman...
Northrop is under attack on several fronts. The Air Force is complaining about shoddy workmanship in the Los Angeles company's Tacit Rainbow anti-enemy radar missile project, and the entire system, which could be worth an estimated $3 billion to the company, seems vulnerable to being cut from the Pentagon budget. Former Northrop employees charge the company with filing at least $400 million in questionable expense claims in connection with the development of its MX missile-guidance system. In addition, the Government is looking into allegations that the company bribed South Korean officials in the hope of boosting overseas...
...were carried out by invading Nazi forces, but most Polish and many other historians believe they were ordered by Moscow. A joint Soviet-Polish historical commission was formed last year and given access to previously closed Soviet archives dealing with the matter. Many Poles had hoped that Gorbachev would cut through that tedious process and apply his well-known policy of glasnost (openness) to the festering Katyn controversy. But he declined to mention it directly, saying merely, "Truth and justice can be late in coming, but they cannot fail to arrive...
...destroy the contras, perhaps as soon as early August. Government newspapers and radio stations have begun a drum roll of reports proclaiming that "the people" are demanding action against the rebels. An all-out attack by Nicaragua's 70,000- strong army would catch the contras at their weakest. Cut adrift by their U.S. patrons and torn by internal feuding, the guerrillas barely resemble a credible fighting force. About 6,000 rebels remain in Honduras, where the government is increasingly eager to see them leave, or are camped along the border. Only some 1,500 troops have filtered back into...
...trade along the border has always been inversely proportional to the degree of military tension. Recently "both sides have been trying to improve conditions," says Zhao Zhonghuan, deputy chief of staff for the Heilongjiang Provincial Command. "The Soviets seem to have withdrawn their forces somewhat. They've also cut back on the amount of time that their helicopters are operating along the border. In the past, their aircraft have violated our airspace, and we've lodged formal protests, but there have been no penetrations this year." One of his Soviet counterparts, General Oleg Ilin, confirms that view. "We have reduced...