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After years of straining hard, Long Island's Grumman Aircraft Engineering Corp. last week broke into the charmed if turbulent circle of major aerospace contractors. Edging such bigger birds as General Dynamics and Boeing, Grumman was awarded NASA's $350 million initial contract to build the lunar "bug" that, it is hoped, will land Apollo astronauts on the moon by 1970. The 12-ton bug, called LEM (for Lunar Excursion Module), will be like nothing ever seen before: 10 ft. wide and 15 ft. high, with a window-dome top and three strutlike "legs" for landing...

Author: /time Magazine | Title: Aerospace: Grumman in Orbit | 11/16/1962 | See Source »

Well experienced in building conventional aircraft, Grumman produced 17,000 planes during World War II. With its fighters, notably the Wildcat and Hellcat, it did more than any other planemaker to win the war in the Pacific. Sales climbed to $324 million during 1944, then plummeted to $24 million in 1947 as military demand virtually disappeared. Struggling back, Grumman branched into rescue, transport and company planes, as well as aluminum truck bodies, boats and canoes. By last year, sales were at $317 million and profits $6.1 million...

Author: /time Magazine | Title: Aerospace: Grumman in Orbit | 11/16/1962 | See Source »

...long obvious that the big (6 ft. 2 in., 180 Ibs.), handsome naval officer-among other things, he is called "Gorgeous George"-was headed for big things.* He flew Grumman fighters from the carrier Lexington, was a landing signal officer on the carrier Yorktown, executive officer of a squadron of PBY patrol planes. In 1943, he saw action in the Pacific as navigator and tactical officer aboard the newly commissioned Yorktown (the first carrier Yorktown went down in June 1942). He then held down an assortment of desk jobs in postwar Washington, and in 1950 was named operations officer...

Author: /time Magazine | Title: Nation: THE CNO: Unfaltering Competence & an Uncommon Flair | 11/2/1962 | See Source »

Died. Roger Wolfe Kahn, 54, test pilot, bandleader and Tin Pan Alley composer (Crazy Rhythm, Nobody Loves Me, Imagination), son of Millionaire Art Collector Otto Kahn, who formed his first band before the age of 17, later took up flying, got a World War II job testing the Grumman Wildcat fighter, stayed on to become a top executive for the Long Island, N.Y. planemaker; of a heart attack; in Manhattan...

Author: /time Magazine | Title: Milestones: Jul. 20, 1962 | 7/20/1962 | See Source »

...Grumman's Denison, which is 32 tons heavier than the PT 50 and designed to go twice as fast, is expected to be the forerunner of 80-knot hydrofoils capable of coping with open ocean. This August Boeing will launch a hydrofoil subchaser for the U.S. Navy...

Author: /time Magazine | Title: Italy: Ferry on Skis | 6/22/1962 | See Source »

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