Word: dived
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Blow Three. The Navy gave Curtiss $27 million to build a plant in Columbus, Ohio, threw in $98 millions more for Curtiss to produce its dive-bomber, the SB 2 C (Helldiver). Reported Truman: "Production was to have commenced in December 1941. Production did not actually commence until September 1942. ... To date Curtiss-Wright has not succeeded in producing a single SB 2 C which the Navy considers to be usable as a combat airplane. . . . The knowledge of the inactivity of the plant has become widely known among the friends & relatives of the [21,012] workmen...
...Despite this unsatisfactory performance, Curtiss-Wright has advertised the Helldiver plane as 'the world's best dive bomber.' [It] expended in such eulogistic self-praise...
...Dive. For a company that had never lost a nickel in the nine years since smart, shaggy-browed James Work had picked it up for $30,000, Brewster should have been sitting pretty on Dec. 7, 1941. It had 9,677 production-wise workers, a fat backlog of $242,000,000. But since that time Brewster has produced more trouble than planes. It had five changes of management (including the Navy, which ran it for a month), a rash of suits (TIME, May 10), a series of slowdowns (although Brewster has a union contract highly favorable to U.A.W.-C.I.O...
...heads-I-win, tails-you-lose proposition. Reynolds will come out of the war with 160,000,000 pounds of ingot capacity, and with almost twice that much fabricating capacity. Much larger Alcoa will have about as much ingot as fabricating capacity. If aluminum demand should nose-dive as much as 50%, R.S. thinks he can keep his primary plants running full tilt, while Alcoa would have to cut ingot production and finished products in half...
...John Curtin, chronically on the defensive, announced last fortnight that the holding war was over, that the phase of attack had begun. General Douglas MacArthur's headquarters said last week that a new type of U.S. ship was in action: the air forces had received some Vultee Vengeance dive-bombers and the R.A.A.F. had used them to raid the Tenimber Islands 300 miles north of Darwin...