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...Communist troops still estimated to be in Cambodia, moreover, are moving swiftly to establish new supply lines. Even now they are knitting together a river network that will supplement the Ho Chi Minh Trail. In southern Laos, North Vietnamese regulars two weeks ago overran Attopeu, a town on a Mekong River tributary called the Se Kong; last week they menaced Saravane, another strategically located town. Along the Mekong in northern Cambodia, Communist troops have captured Kratie and Chhlong; last week they attacked Stung Treng, a key town at the confluence of the Se Kong and the Mekong, and sent...

Author: /time Magazine | Title: World: Cambodia: Now It's 'Operation Buy Time' | 5/25/1970 | See Source »

Another anniversary, perhaps more instructive in 1970 than V-E day, passed unmarked in the U.S. last week. On May 7, 1954, Viet Minh troops overran the 10,000-soldier garrison of French Brigadier General Christian de Castries at Dienbienphu...

Author: /time Magazine | Title: American Notes: Anniversaries | 5/18/1970 | See Source »

...Defense Secretary Robert McNamara. TPP was designed to end overrun claims by setting a strict ceiling on the final cost of any project. It penalized contractors who exceeded the ceilings but held out the reward of higher profits to those who reduced production costs. As Lockheed's costs overran the total package price, wrote Chairman Haughton in the company's annual report, "the gold of good intention turned into the sand of reality." Because of what he called "Government inflexibility" in enforcing the contract's terms, Lockheed might have to pay a $16,000-per-plane penalty...

Author: /time Magazine | Title: Aerospace: Lockheed's Lament | 5/18/1970 | See Source »

Lockheed's problems center around the giant C-5A transport, which overran cost estimates by $1 billion in development. The Air Force has cut back its C-5A order from 115 aircraft to 81, and the final estimates of the loss to Lockheed have yet to come in. Overall, Lockheed is feeling less pinch than most of its competitors. It expects to increase its total work force this year by 2,000, to 100,000, as production begins on its L-1011 airbus. Similarly, General Dynamics plans no cutbacks in its 70,000-man labor force during 1970 -unless...

Author: /time Magazine | Title: Business: Aerospace: End of the Gravy Years | 3/9/1970 | See Source »

...expected, Communist forces, including 16,000 of the 50,000 North Vietnamese troops in Laos, quickly overran several government outposts and moved down onto the plain. In Vientiane, few observers believed the area could be held. Anticipating defeat, the government ordered the evacuation of nearly 15,000 Laotians from two airstrips on the plain to more secure locations near Vientiane. TIME Correspondent David Greenway was on the last refugee flight. His report...

Author: /time Magazine | Title: Laos: Clearing the Plain | 2/23/1970 | See Source »

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