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...specially outfitted 747 used an onboard laser beam last week to shoot down a missile for the first time. It was, perhaps just as significantly, a flying military-industrial complex all by itself. Boeing (the nation's third-biggest defense contractor) built the plane that carried the laser (built by Northrop Grumman, the nation's second biggest defense contractor) that was aimed by Lockheed Martin (the nation's biggest defense contractor). It took the three companies 14 years (eight more than expected) and $4 billion ($3 billion more than anticipated) to finally shoot down the fake enemy missile over...

Author: /time Magazine | Title: Star Wars Boosters Fired Up by Laser Show | 2/16/2010 | See Source »

...days, but their relatively small cruise-passenger numbers thus far may have cost them the Carnival business. Unlike other groups like the gay and lesbian communities, which fully charter ships for themselves on themed cruises, the cougars have less leverage because they're just one group among many passengers onboard. Says Carolyn Spencer Brown, editor in chief of the website Cruise Critic: "In a contained environment like a cruise ship, if other passengers find anything potentially offensive about your group's theme, it can be a problem. That's why it's better to take the whole ship...

Author: /time Magazine | Title: Why Cougar Cruises Proved Too Hot for Carnival | 1/14/2010 | See Source »

...where thousands of spectators can crowd onto grandstands. Top sailors have joined the circuit, including British double world champion Paul Campbell-James and Austrian double Olympic gold medalists Roman Hagara and Hans Peter Steinacher. Hefty corporates are among the backers, lured, perhaps, by the fact that there's room onboard for one guest as well as four crew. Look carefully at each catamaran in competition and you're sure to find, spread-eagled on the nylon mesh, a grinning sponsor (or interloping journalist...

Author: /time Magazine | Title: Terror on The Seas | 12/30/2009 | See Source »

...first American ship to be successfully hijacked since the 1800s--but all the pirates were killed or captured in the ensuing standoff with a U.S. Navy destroyer. The navies of more than two dozen nations now patrol the Gulf of Aden, and cargo ships have begun to carry onboard deterrents like firearms and electrified handrails. Somalia's barely functioning government, however, remains incapable of stopping pirates, and many analysts fear that the number of attacks will increase again...

Author: /time Magazine | Title: The World | 12/28/2009 | See Source »

When Bingham hits his 10 million-mile goal during a flight from Chicago to Omaha, he receives a surprise champagne celebration onboard, and American Airlines' chief pilot appears for a congratulatory sit-down visit. Bingham, already the owner of an impressive graphite card (a status invented by the film), receives an instant upgrade: a personally engraved metal card that will allow him to directly access his own private operator, someone who will greet him by name. (See 50 essential travel tips...

Author: /time Magazine | Title: Up in the Air Fantasies: What Does 10 Million Miles Get You? | 12/22/2009 | See Source »

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