Word: hillers
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...deal are the McDonnell Co. of St. Louis, North American Aviation of El Segundo, Calif., and General Dynamics Corp. of New York City. Admittedly interested in Douglas are New York's Martin Marietta Corp., Venture Capitalist Laurance Rockefeller, the Signal Oil & Gas Co. of Los Angeles, and Fairchild Hiller Corp. of Hagerstown, Md. Signal last week offered Douglas $100 million for 5,000,000 shares of a new issue of 6% preferred stock. Converted to Douglas common stock at the rate of two to one, the holding would give Signal a 30%-and controlling-interest. Also Fairchild Hiller...
...today, the main lift in the industry's fortunes has come from Viet Nam. The Defense Department last year took 80% of the $875 million output of the seven major producers: Textron's Bell Helicopter, Boeing-Vertol, United Aircraft's Sikorsky Division, Kaman, Hughes Tool, Fairchild-Hiller and Brantly, which was acquired last week by Lear Jet Corp. This year the Pentagon will spend $1.3 billion for 3,156 choppers, absorb 90% of U.S. production...
...Green-Pea Run. Manufacturers, of course, are as delighted as the Pentagon with the improving technology of military helicopters. This year Fairchild-Hiller, Bell and Hughes will bring out utility and executive models based on military designs. Sikorsky sees a big civilian market for its Skycranes, and the Department of Housing and Urban Development has just put up $490,000 to test whether the Crane can fly a buslike pod of 40 passengers between airports and downtown-at costs competitive with ground travel...
...lured from a Corning Glass vice-presidency nine years ago with a stock option offer of 23,800 shares (he now owns 52,250 shares worth almost $11 million). Sherman Fairchild withdrew discreetly to the board, has been more concerned with his chairmanship of the completely separate Fairchild Hiller aerospace firm, which recently bought Republic Aviation...
...play a round of golf with him, and fly him back to his office the same day. Outside Washington, a developer is turning the Montgomery County (Md.) airport into an airpark, already has 170 aircraft based there. A golf-cart manufacturer is building beside the airstrip, and IBM, Fairchild Hiller, Sprague Electronics, Bechtel Corp., and the National Bureau of Standards are building nearby...