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...closed April hearing at which McNamara outlined his vision of how the press should handle military news. "Why should we tell Russia," he said, "that the Zeus [antimissile missile] developments may not be satisfactory? What we ought to be saying is that we have the most perfect anti-ICBM system that the human mind will ever devise. Instead, the public domain is already full of statements that the Zeus may not be satisfactory; that it has deficiencies. I think it is absurd to release that kind of information to the public...

Author: /time Magazine | Title: Defense: It Is Absurd | 5/19/1961 | See Source »

Fifteen years ago, AMF was a with only a handful of products (cigarette baking and stitching machines) and annual sales of about $12,000,000. Today with 42 plants and 19 research facilities scattered across 17 countries, AMF turns out products ranging from remote-controlled toy airplanes to ICBM launching systems. Thanks to AMF's determined pursuit of diversification and growth products, its 1960 sales were $361 million, its earnings $24 million. And in the glum opening months of 1961, the company's sales and earnings hit new first-quarter highs

Author: /time Magazine | Title: Corporations: Diversified Success | 5/19/1961 | See Source »

Fight Against Fat. In the defense field, AMF is the builder of the launching silos for the Titan and Atlas ICBMs, has also developed the rail-car launching system for the solid-fueled Minuteman ICBM...

Author: /time Magazine | Title: Corporations: Diversified Success | 5/19/1961 | See Source »

...President gets credit for new doctrine, McNamara will catch most of the blame for drastic cuts he has ordered in existing programs. Among them: curtailment of the liquid-fueled, obsolescent Titan ICBM and "low reliability" Snark missiles and a virtual end to the development of the Air Force's cherished Mach 3 bomber of the future, North American's B-70, as well as the perennially experimental nuclear airplane. These slashes are sure to bring cries of anguish from pressure groups (both in and out of the Pentagon) and contractors, but none will be so loud or perhaps...

Author: /time Magazine | Title: Defense: Action in the E Ring | 4/7/1961 | See Source »

...achieved at too low a level, one side might too easily obtain an advantage over the other. Still, he said, the U.S. can maintain a balance of arms with "obsolescent weapons" or with "a mix of weapons," for the Pentagon has little hope of developing an effective anti-ICBM. "It would be like hitting a needle with a needle...

Author: NO WRITER ATTRIBUTED | Title: Gard Calls for Arms Stabilization As Way of Avoiding Nuclear War | 2/27/1961 | See Source »

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