Word: plessey
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Dates: during 2000-2009
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...billion field-radio system. In one of the largest U.S. military contracts ever awarded for a foreign-designed system, the Army picked RITA, a joint venture by France's Thomson-CSF and GTE of Stamford, Conn., and turned down a competitive system offered by the British-American combine of Plessey Co. and Rockwell International...
...supported the American defense buildup "in every way." Some observers took this to refer to Britain's endorsement of the Strategic Defense Initiative, which France has refused to back. But the French obviously believe in dollar wars: the Thomson and GTE bid was a whopping $3.1 billion less than Plessey-Rockwell's. SPYING Painful Stalemate...