Word: overruns
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Dates: during 1960-1969
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...maintain U.S. forces at their present level until at least mid-1971. To offset the departure of 6,000 Canadian troops, the British agreed to assign six additional combat brigades to Germany. Because NATO forces are outnumbered 2 to 1 on the crucial central front and would be quickly overrun in the event of an all-out ground attack, the NATO defense ministers also agreed to new guidelines that provide for quicker use of tactical nuclear weapons...
...admirals also suspect that they have been victimized by the practice of "buy-in," long familiar to the aircraft and electronics industries. A company "buying in" enters a low bid to get a military contract, then submits enough overrun claims later to turn a handsome profit. The Navy, too, is guilty of a form of buyin. It submits to Congress fairly low requests for funds, then returns for more to pay for overruns...
...overruns have immersed the whole Navy in a sea of red ink. Among the most expensive items: >-A new destroyer escort pleased the Navy so much on paper that the admirals ordered 46 in all-14 from Todd Shipyards, five from Lockheed, and 27 from Ogden Corp.'s Avondale subsidiary, which departs from tradition by launching its ships sideways, into the Mississippi River at New Orleans. After the ships were ordered, specifications were drawn and redrawn as the admirals sought scientific perfection-or were sold on new electronic gadgets. Many important parts were only in the development stage...
...Seattle yard. The seven ships were priced at $25 million each when the contract was signed in 1963. There have been many design changes, late delivery of gear, and the usual toll of inflation. Lockheed has not yet submitted its claim for what promises to be a large overrun, and the Navy is keeping its own estimate secret-while budgeting for the assault ships in its total overrun account...
...There's a picture of my ship on the wall. Things were different then, There are just too many people moving in here. Let me tell you something. During the last century, thousands of Chinese came to California. The Governor imposed restrictions upon their would have been simply overrun...