Word: ramos
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...with Colonel John Stapp (Sept. 12, 1955); on rocket guidance systems (Jan. 30, 1956); on the intercontinental ballistics missile program, with the Air Force's Major General Bernard Schriever (April 1, 1957); and on the fabulous new industry supporting missile production, in the cover on California's Ramo Wooldridge Corp. (April 29, 1957). After Sputnik. TIME correspondents went their rounds again to assay the present state of U.S. science, as the scientists themselves see it. For the views of Physicist Edward Teller and his colleagues, see NATIONAL AFFAIRS, Knowledge Is Power...
Wooldridge & Ramo...
Everybody in the industry knows that it is "Ramo-Wooldridge" Corp. Why the cover [April 29] showing Wooldridge and Ramo...
...liked your article on Ramo-Wooldridge. In 1931 Dean Wooldridge and I had an 11 o'clock French class at the University of Oklahoma. We usually met for a game of pool between 10 and 11 o'clock. We were the world's worst players...
...Litton Industries was started in 1953 by Charles B. ("Tex") Thornton, a onetime Hughes Aircraft Co. executive who left with Ramo and Wooldridge. Backed by Lehman Bros, and other investment bankers, he bought going companies for their products and talent. Today, with 16 small firms in its fold, Litton makes radar tubes, printed circuits, high-quality transformers (780 models), typewriter-sized computers selling for $12,000, dozens of other electronic gizmos. Sales in 1954: $3,000,000. In 1956: $15 million, with $25 million estimated for 1957. Litton's stock, which sold for $10.50 two years ago, now trades...