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Belgium had been the holdout in a NATO consortium that also includes Norway, Denmark and The Netherlands. Once the Belgians decided, General Dynamics was assured of sales to the four countries of 348 planes worth $2.1 billion. That will be in addition to the 650 F-16s already ordered by the U.S. Air Force as its new generation of fighters for the 1980s. General Dynamics estimated that the 998-plane sale could create 40,000 jobs in the U.S., plus thousands more in the four NATO countries, which will share in production...

Author: /time Magazine | Title: Business: Sold American | 6/23/1975 | See Source »

Despite the talk of greater European self-reliance, there are few indications that the Continent is moving toward the kind of political cohesion that would turn slogan to reality. The Atlantic Alliance is in an embarrassing state of disarray: Britain, The Netherlands, Belgium and Denmark have cut their defense budgets; Greece and Turkey are still at odds over Cyprus; and France's Giscard, his V-E day proclamation notwithstanding, refuses to attend the meeting of NATO heads of state that will convene in Brussels later this month. Almost despite themselves, the Europeans seem to be heading toward Brussels hoping...

Author: /time Magazine | Title: EUROPE: View from the Balcony | 5/19/1975 | See Source »

Arture Ui. Now that Boston's "legitimate theater" owners have told the city they will be closing up shop, this could be their swansong. Like Richard Chamberlain going "legitimate" from "Dr. Kildare" to the Prince of Denmark. Al Pacino, erstwhile brooding introspective mafioso, is trying to be even more serious as Arturo Ui Bracht's version of the Hitler-as-gangster phenomenon. Opens Wednesday May 7 at the Charles Playhouse downtown on Warrenton Street...

Author: By Paul K. Rowe, | Title: THE STAGE | 5/1/1975 | See Source »

When four European NATO countries formed a consortium last year to buy 350 new lightweight fighter planes, a stiff competition ensued for what was quickly dubbed the "arms contract of the century." Last week the Defense Ministers of Belgium, Denmark, The Netherlands and Norway announced jointly that the best and least expensive contender for the prize was the $6 million American-built F16, designed and manufactured by General Dynamics Corp., the largest defense contractor in the U.S. Final approval by the four governments, expected by mid-May, will mean about $2.1 billion in sales for the St. Louis-based company...

Author: /time Magazine | Title: AVIATION: Sweet Sixteen | 4/14/1975 | See Source »

Split Decision. The deal may still be partially upset by European domestic politics. Norway and Denmark have already chosen the F16, but the consortium may yet be split by Mirage-maker Marcel Dassault's offer of a discount to Belgium and The Netherlands if both countries buy the French fighter. Earlier versions of the Mirage make up at least half of Belgium's fighter fleet. The Belgian Socialist Party supports the French plane because a Dassault plant in that country employs more than 80 workers. The Dutch will make no official decision until after the congress...

Author: /time Magazine | Title: AVIATION: Sweet Sixteen | 4/14/1975 | See Source »

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