Word: kollsman
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Dates: during 1950-1959
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...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...