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...Lockheed lost the SST contract to Boeing. Air buses-giant planes carrying double 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...
...including 55 NCR 590s bought by the Pentagon to travel around South Viet Nam in G.I. trucks keeping track of spare parts. NCR has also marketed $200 million worth of a secondgeneration computer known as the NCR 315, including one $16 million order from Japan's Sumitomo Bank, Ltd., which accounts for NCR's largest order...
Married. Fumiko Higashikuni, 21, eldest granddaughter of Japan's Emperor Hirohito; and Kazutoshi Omura, 28, an executive with Hitachi Metals, Ltd.; in a Shinto ceremony; in Tokyo...
...fact, showed the invention to be more effective in eliminating tar and nicotine than the cellulose acetate filters used on the most widely smoked filter cigarettes. Not only are some U.S. cigarette makers continuing to express interest in the filter, but last week both Imperial Tobacco Co. of Canada Ltd. (du Maurier and Player's), and Rothmans of Pall Mall Canada Ltd., negotiated licenses to use the filter. The companies are two of the biggest in Canada, and they could conceivably be marketing Strickman-filtered cigarettes as early as next fall...
...notable public achievements was its help, including a $42 million loan, in arranging the marriage of Elliott-Automation and English Electric into a single $990 million-a-year computer-making company. The I.R.C. has also worked behind the scenes on even bigger deals, including General Electric Co. Ltd.'s acquisition of Associated Electrical Industries Ltd. For that, however, it received criticism as well as praise, especially from A.E.I., which resisted G.E.C.'s takeover attempts until the end. Dear Independence. Grierson's successor in the post of managing director, Charles Villiers, 54, also a merchant banker, has taken...