Word: mcnamara
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
When John F. Kennedy appointed his Defense Secretary in 1960, he posed him a paradox: 1) meet U.S. military requirements without worrying about arbitrary budget ceilings, and 2) do it at the lowest possible cost. Since then, in Robert McNamara's 31 years on the job, military spending has soared by nearly $10 billion, now hovers around the $50 billion mark...
...McNamara still sees no contradiction between greater expenditures and more economy. Thus, it was with great pride that he last week announced the results of the cost-reduction program that he has pushed relentlessly. In fiscal 1964, which just ended, the Pentagon had saved $2.5 billion. "We haven't even begun to scratch the surface," McNamara claimed, estimated savings of $4.6 billion by fiscal...
Next day, with a precision born of 40 years as a soldier, Taylor strode out of the Pentagon's river entrance exactly at 10 a.m., escorted by Defense Secretary Robert McNamara. Lined up before him was an honor guard of ceremonial units from each service and the U.S. Army band. Three 105-mm. howitzers roared a 19-gun salute over the muggy Potomac...
...part of the full-honors retirement ceremony, Taylor reviewed the troops, stopping occasionally to talk with a soldier, inspected some howitzers and found them spotless. That done, he received from McNamara his third oakleaf cluster in lieu of a fourth Distinguished Service Medal. Said McNamara, borrowing the title of Taylor's The Uncertain Trumpet, his post-retirement analysis of U.S. defense ills: "Maxwell Taylor has never sounded an uncertain trumpet. He will always be one of the first to whom we turn with the hard tasks, the great challenges...
...vice president and chief of the whole division. He replaces Ben Mills, 49, one of the original Whiz Kids, who was moved up to vice president in charge of Ford Motor purchasing. A Phi Bete (Chicago, '41), Lorenz is a finance-trained protege of former Ford President Robert McNamara, was his personal assistant for three years, even wears his hair slicked back like McNamara's. "I had the rare opportunity to see at first hand an unequaled standard of management excellence," says Lorenz, himself an articulate and analytical executive. Now that his division's Comet and luxury...