Word: kollsman
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DIED. Paul Kollsman, 82, German-born aeronautical engineer whose fertile imagination earned him patents for hundreds of inventions, most notably for the Kollsman altimeter, which revolutionized aviation in 1928 by using the barometric pressure to calculate with still unmatched accuracy the altitude of an aircraft, thereby enabling pilots to fly "blind"; in Los Angeles...
...study he headed while working at Long Island's Kollsman Instrument Corp., Moskowitz and his co-workers plotted a hypothetical space flight to the star 45 Eridani, barely visible to the naked eye from earth and some 466 light-years away. Picking well-known stars in 45 Eridani's region of the sky, he fed data about their positions, distance and absolute brightness into a computer programmed to generate the appropriate star map for any point along the route of the flight...
...Thirteen. Stop-loss orders have increased 25% in the past five weeks, Specialist John Coleman estimates, and have nearly doubled in some of the glamour stocks. The result: whenever the price dips, the stop-loss orders set off in a chain, and the stock plummets. Standard Kollsman stock was caught this way recently: the exchange canceled all Kollsman stop-loss orders on the books, has yet to restore them...
...Despite all the progress in long-range radio aids to aerial navigation, a good navigator likes best to find where in the world he is by celestial star sights, a process that involves only himself, his sextant and the heavenly bodies. Last week New York's Kollsman Instrument Corp. gave the ancient science of celestial navigation a modern twist, announced a new sextant that, once preset, will seek out the proper star or planet, average a series of sights, and flash its readings by remote control to the navigator. With a three-star fix, he can pinpoint the position...
This fall, well-heeled and busy, Swanson decided to buy a company that had some defense orders. Last week, he got the one he wanted. For $5,300,000, he bought Square D Co.'s famed Kollsman Instrument Division, which makes altimeters, airspeed indicators, guided missile components, etc. Kollsman, now operating below capacity, will not pass officially into Swanson's hands until Dec. 30. When will Kollsman be at peak production again? Said cocky Glenn Swanson: "Late that afternoon...