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Lockheed's inevitable answer is diversification. The company makes neither shoes nor sealing wax, but its 43 plants do build ships, satellites, research submarines and even a 220-ft. hydrofoil vessel. Lockheed maintains President Johnson's Boeing-built 707 jet. Its 300 products range from metal micro-particles...

Author: /time Magazine | Title: Aerospace: No End in Sight | 2/11/1966 | See Source »

In his first testimony of the new session, McNamara was spared the predicted barrage of congressional brickbats. One of the few salvos came from Subcommittee Chairman F. Edward Hebert, who asked if the Defense Secretary were not himself weakening the U.S. deterrent by an overreliance on missiles. No, said McNamara...

Author: /time Magazine | Title: Defense: A Glimpse of the 70s | 2/4/1966 | See Source »

It longs to belong to NATO, although there is no military necessity for doing so: the defense pacts it signed with the U.S. in 1953 give it the same protection that NATO nations enjoy, and the U.S. military bases on its soil make it an active partner in Western defense...

Author: /time Magazine | Title: Spain: The Awakening Land | 1/21/1966 | See Source »

Money & Results. The question of nuclear sharing is also uppermost in Erhard's mind. As the second biggest contributor to NATO, Bonn believes it is entitled to play a greater role in atomic strategy and weaponry. The NATO Polaris force would be one answer.

Author: /time Magazine | Title: Foreign Relations: Hard Talk About Hardware | 12/17/1965 | See Source »

Higher in Orbit. The Gemini 7 astronauts chalked up some other, more significant firsts. Once in orbit, they fired thrusters to turn Gemini and adjust its velocity, then flew in formation with their detached, third-stage booster for 16 minutes. By aligning the spacecraft with setting stars on the earth...

Author: /time Magazine | Title: Space: Gemini's Week | 12/17/1965 | See Source »

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