Word: norfolks
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John A. (Johnny) Walker seemed to be a good ole boy, given to girls, guns and gadgets, not politics. A career Navy man who retired as a chief warrant officer in 1976, Walker, 47, worked as a private detective in Norfolk, Va., dated a policewoman and loved to fly around in his single-engine plane. His three private-investigation firms supplied security services to companies as well as run-of-the-mill snooping for individual clients. But on a rural Maryland road one night last week, FBI agents caught Walker apparently pursuing another one of his businesses: supplying U.S. military...
...bringing a billion-dollar present with him. This is Red October, a ballistic- missile-armed submarine, or "boomer," equipped with a new, silent propulsion system. In a message to his superior in Moscow, Ramius challenges the whole Soviet navy to catch him. He then takes off for Norfolk, together with a group of equally disaffected officers and an unsuspecting crew. Moscow dispatches 58 attack submarines to hunt and destroy the rogue boat before its secrets can fall into U.S. hands...
Dole chose Norfolk Southern because it was the only railroad among the finalists and boasts a $1.2 billion cash hoard. "It has excellent management," said Dole at a press conference announcing the sale last week. "Norfolk Southern certainly offers what it takes to ensure that this railroad will be strong forever...
...thinks the asking price is too low. He wants instead to sell the company through a public stock offering. Republican Senator John Heinz of Pennsylvania agrees with that plan because it would preserve jobs in his state, where Conrail repair shops are located. Says Heinz: "The choice of Norfolk Southern is extremely controversial and may result in a legislative stalemate...
...wall display that was formerly used for monitoring the whereabouts of locomotives. Southern Pacific, which developed the Sprint long-distance telephone service and sold it in 1983 to GTE for $740 million, is currently developing another advanced communications system. In a venture with Santa Fe and Norfolk Southern, the company is creating a coast-to-coast fiber-optics network called Fibertrak that can simultaneously carry 300,000 voice and computer-data transmissions and will be laid down next to the railroad tracks...