Word: hulled
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Dates: during 1970-1979
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...small navy. Egypt already has 20 Soviet-built gunboats of the Osa and Komar classes; one of the Osas stunned Israel in October 1967 by sinking the destroyer Elath with a Styx missile. After the Six-Day War, Israel ordered a dozen vessels, each with a French hull, German engines and Italian electronics, including the 20-mile surface-to-surface Gabriel missile...
...order to achieve two crucial objectives: (1) to provide a minimum standard of living for all Americans in a non-socialist but planned redistribution of wealth; and (2) to avoid the possibility of being drawn into foreign wars which did not directly threaten our survival. By renouncing Cordell Hull's trade-expansion policy, the United States could cut back on expensive military and naval forces which could not defend our commercial interests abroad in any case). We would then be free to choose whether or not to intervene in foreign disputes on grounds of national interest rather than economic necessity...
...Peter Principle, Peter and Hull...