Word: l
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Dates: during 1960-1969
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Escape Module. The North Vietnamese quickly claimed that their gunners had downed the first F-l 11 lost, but there were some indications that it may have crashed somewhere on the way to its target over the southern, or panhandle, part of North Viet Nam. U.S. pilots speculated that the F-l 11, which sweeps in at treetop level on bombing runs, may have run into a hill or mountain. Not surprisingly, the Air Force slapped on a tight security blackout. Since the plane is crammed with the very latest navigational and other electronic gear, the U.S. did not want...
...l 11 's ill-starred debut cast doubts on what is, on paper, an impressive fighting machine. The plane can fly faster and farther than any earlier U.S. fighter-bomber and lift twice the bomb load (12,500 Ibs.). Its great strategic importance in Viet Nam was to be that its new inertial guidance and radar targeting system enables it to bomb in foul weather or fair, either by night or by day. Its arrival in force would thus mean that the U.S. could keep up its aerial bombardment of the North despite monsoon rains or heavy cloud cover...
...today's passenger load at subsonic speeds-were another way, and here Lockheed has at least been successful. In a joint announcement last week, TWA, Eastern Air Lines and a British firm called Air Holdings, Ltd., disclosed that they will purchase 144 of Lockheed's 256-passenger L-1011 air buses-50 each for Eastern and Air Holdings, 44 for TWA-at a total cost of $2.16 billion. The order was not only by far the biggest ever placed for commercial airplanes, but also one with international significance...
Rolls' Engines. Among other things, it will sizably affect both the British and U.S. balance of payments. Each $15 million L-1011 will have three fanjet engines, two slung under the wings and a third at the base of the tail for balance and easier servicing. Competing to provide the engines were Britain's Rolls-Royce and the U.S.'s General...
...engineers' choice because of efficiency and lower noise levels. But at $2,500,000 a plane, the British-made engines meant a $235 million drain on the U.S. balance of payments. Lockheed solved this with an arrangement in which Ah" Holdings will sell 50 of the early L-1011s abroad. This will bring in $625 million for a favorable U.S. balance of $390 million, and further sales in a market estimated at 1,000 planes by 1980 could raise the U.S. excess to well over $5 billion dollars...