Word: minuteman
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...U.S.S. Alaska Trident submarine in September, the U.S. will have 14 more than the 1,200 multiwarhead land- and sea-based missiles each side is permitted. To stay within the limit, it must either retire and disable an older 16-missile Poseidon sub or destroy at least 14 Minuteman land missiles. Hard-liners argued against taking either course; they wanted the U.S. to exceed the limit deliberately. Reagan chose a halfway measure: mothballing or converting a Poseidon rather than cutting it up as the treaty requires...
...industry has drawn more fire than the defense business. General Electric, the sixth-largest U.S. military contractor, pleaded guilty last month to defrauding the Air Force of $800,000 in 1980 on a Minuteman missile project. The company agreed to pay fines and penalties of more than $2 million. The Navy two weeks ago canceled a pair of contracts with General Dynamics, the third-largest military supplier, and suspended the signing of new ones with two of the company's divisions, which build submarines and missiles. The Pentagon says that General Dynamics has overcharged the Government at least $75 million...
...leading antagonist of the MX was Senator Sam Nunn of Georgia, the ranking Democrat on the Armed Services Committee. Nunn and others have criticized the Government's plan to place the highly accurate ten-warhead missiles in existing Minuteman missile silos. Critics say that the immobile basing system makes the MX vulnerable, and a likely target for Soviet attack. Since March, Nunn has proposed limiting the number of silo-based MX's to 40, and last week he offered an amendment to the pending $302 billion defense authorization bill. When Senate Majority Leader Robert Dole realized that Nunn had enough...
Although better known for its TV sets and toasters, GE is the sixth-largest U.S. defense contractor, receiving 20% of its revenues from military work. In 1980 the company's space-systems division in Philadelphia was suffering cost overruns on a $47 million project to refurbish Minuteman missiles. Because GE had agreed in one contract to a fixed price for part of the work, some of the added costs could not legally be passed along to the Pentagon, and the company faced possible losses. To cut down on the red ink, GE managers decided to shift the overruns to different...
...quality products and service. But an unsavory side of the ninth-largest U.S. industrial corporation stood exposed last week in a federal district court in Philadelphia. GE pleaded guilty to defrauding the Air Force of $800,000 in 1980 on a project to upgrade the re-entry vehicles on Minuteman missiles. After its indictment eight weeks ago, GE had consistently denied any wrongdoing. The company suddenly changed its story last week on learning that Roy Baessler, a manager on the Minuteman work, had admitted to investigators that he knowingly participated in a scheme to bilk the Pentagon...