Word: northrops
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Ford, on the other hand, actively and openly supports 17 symphony orchestras, among numerous other projects, through a company fund. In Los Angeles, amounts ranging from $25,000 to $1,000,000 have been given to the Music Center and County Museum of Art by such companies as Rexall, Northrop, and Pacific Telephone & Telegraph. The Houston Symphony is supported by oil companies, but the gifts have not been Texas-size. Theater Atlanta, in Atlanta, Ga., does not credit business with its broad-base support, but can count on getting about $150,000 from businessmen...
Indeed, much of the blame for Apollo's shortcomings must be shared by NASA itself. Says an executive of Northrop Corp., which builds Apollo's earth-landing and intercommunications systems: "NASA inspects, reinspects and inspects again. NASA lives with us. You can't separate NASA from the contractor." Declining to ascribe blame at all, another aerospace official points out that in projects "on the forefront of technology, there just isn't any perfection." As if to prove that point, a General Electric Co. study made public last week itemized more than 1,300 flaws...
...royalties. Beyond that, the SST, as the biggest single venture ever undertaken by U.S. industry, will create at least 100,000 new jobs across the country. The plane is too big for Boeing to build alone; Avco Corp., Fairchild Hiller, Ling-Temco-Vought, Martin Marietta, North American Aviation and Northrop have already been designated as subcontractors, and Lockheed too may end up with a slice of the work...
...success of the F-5 has led to the resurgence of Northrop as an aircraft maker. The company developed the plane in 1959 at a relatively cheap cost of $80 million, of which the Government provided $60 million. It was designed to meet Jones's demand for a supersonic jet that "could survive and win in a sky full of MIGs" - yet sell at a price U.S. allies could afford...
Even without a U.S. Air Force order, Northrop is riding high on the Little Tigers. For the fiscal year that ended in July, aircraft building accounted for nearly half the company's $359 million record sales, which have increased 40% over the last eight years. For the future, Northrop has a contract, which eventually may be worth as much as $500 million, to build fuselages for the Boeing 747 jet. Moreover, foreign sales of the F-5 can only increase. With the expected orders from Belgium and Holland, Northrop hopes that Denmark, Austria and Switzerland will sign...