Word: litton
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...development: a surprising number of aerospace, electronic and other technically oriented companies are branching into shipbuilding, figuring that their scientific talent and sharp cost accounting can bail out the industry. Ingalls Shipbuilding got a technological fillip when it was acquired three years ago by Tex Thornton's Litton Industries. Aerojet-General recently bought Jacksonville's Gibbs Shipyards, and General Dynamics last January picked up Bethlehem Steel's huge yard at Quincy, Mass. Lockheed's highly efficient subsidiary in Seattle, Puget Sound Bridge & Dry Dock, has raised its payroll from 600 to 4,000 since 1960, expects...
...Alvin (named for Oceanographer Allyn Vine), is a perky little craft built by Litton Industries with Navy funds for the Woods Hole Oceanographic Institute. It is 22 ft. long, weighs 13 tons, and has a reasonably conventional submarine shape, but the outside hull serves only for streamlining and control. When Alvin submerges, the water enters that thin skin freely. Inside is a 7-ft. sphere with walls of high-strength steel 1.33 in. thick to protect the crew from water pressure down to 6,000 ft. Its four viewing ports permit the pilot and observer to see ahead and below...
...highest citation, for his support of the fight to free Italy from Fascism; Paul Hoffman, 73, managing director of the U.N. Special Fund, presented with the American Freedom Association's 1964 World Peace Award; Film Cowboy and Multi-millionaire Investor Gene Autry, 56, Novelist Pearl Buck, 71, Litton Industries Chairman Charles ("Tex") Thornton, 50, and Architect Minoru Yamasaki, 41, each given a Horatio Alger Award for a noteworthy rise from "humble beginnings"; Federal Judge Thurgood Marshall, 55, who successfully argued against segregated schools before the U.S. Supreme Court ten years ago, granted the N.A.A.C.P.s Liberty Bell Award; Physiologist Wallace...
...must make fascinating reading for Nikita Khrushchev and his colleagues, and it surely graces many a samovar table around the Kremlin. But how did the annual report of Litton Industries, California's electronics giant, get distributed in Moscow-and in Russian...
...answer illustrates an important change in attitude among U.S. businessmen. When Litton executives started working on the company's glossy 1963 report, they decided to print 2,500 copies in Russian, sent 1,850 of them to the highest comrades in the U.S.S.R., from Khrushchev on down. They obviously feel that there is potential for profit in dealing with the Soviet Union-and more and more U.S. businessmen agree...