Word: grummans
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...companies in the program are pursuing several avenues of research. Boeing, TRW, Lockheed, Hughes Aircraft and Grumman are among the many firms working on satellite surveillance and tracking systems to detect enemy missiles on launch, discriminate decoys from actual warheads and verify that the targets are destroyed by the Star Wars defense. Another crucial task is developing the weapons that would be used to blast attacking missiles and warheads out of the sky. TRW, Lockheed and Rockwell are studying the feasibility of so-called directed energy weapons, including lasers and particle beams. Lockheed, McDonnell Douglas and Teledyne are considering...
...taxes in at least one of the last four years. Those were the findings of a report issued last week by Citizens for Tax Justice, a Washington research and lobbying group supported by labor unions, churches and public-interest lawyers. Among the artful tax dodgers: Boeing, Pepsico, TransAmerica, Greyhound, Grumman and Lockheed. The companies did nothing illegal. They simply applied every loophole, exemption and credit available...
...Scotch brought him a now ironic nickname, "Johnny Walker Red." He could take dates on Chesapeake Bay cruises in his green houseboat, the Drift-R-Cruise, or on his 26-ft. sloop (each valued by his lawyer at $6,000). There were also flights in his single-engine Grumman Tiger, which was worth an estimated $20,000. He dated Pamela Carroll, a Norfolk police officer who moonlighted at his private detective agencies...
Although the Navy called Weinberger's removal of officers before an investigation extraordinary, the Defense Secretary said this kind of reprimand would become "standard" for such excesses. A spokesman for Grumman Aerospace Corp., the defense contractor that made the ashtrays for the E-2C surveillance aircraft it also manufactures, explained the sky-high price tag: "We are not ashtray manufacturers." Grumman has offered the Navy a refund that will lower the price to $50 an ashtray, but Weinberger has better ideas for dealing with the inflated cost. He proposed, only half-jokingly, to substitute "old mayonnaise jars for ashtrays...
...speed of 270 m.p.h. His secret: three built-in computers checked all flight-control surfaces 40 times a second, automatically making adjustments to keep the plane airborne. "If I lose all the computers, the airplane self-destructs in two-tenths of a second," said Sewell. The Pentagon and the Grumman Corp. are gambling some $130 million that the design will eventually give U.S. pilots an advantage in future dogfights...