Word: raytheon
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...Standard Oil (Cal.) $45,200,000 Atlantic Richfield $33,000,000 Standard Oil of Indiana $29,500,000 Getty Oil $26,300,000 Superior Oil $25,500,000 General Reinsurance $23,200,000 Halliburton $19,200,000 General Electric $17,700,000 Xerox $15,900,000 Raytheon $15,700,000 HARVARD HOLDINGS IN DOLLARS
Surprisingly, in some areas unemployment is no real problem. Massachusetts, the buckle on the formerly declining New England snow belt, is enjoying something of a boom due to prosperous high-technology firms. An official of Raytheon, the flourishing electronics firm near Boston, says, "The level of our unemployment is lost in the noise. It's hardly worth talking about." Frank Whitfield, vice president of Whitfield Pickle Co. in Montgomery, Ala., says his only problem is that he cannot get enough cucumbers. "At my plant we let 77 people go. It was not because of the economy but because...
...everything from shipbuilding to jet-fighter construction, jumped 8⅜ points, to 80⅜. Eager investors also gobbled up stock in Boeing Co., another major defense contractor, which rose from 50⅝ to 65½. Shares of Lockheed Corp. have climbed sharply as well, as have those of Raytheon, a leading missile manufacturer. Large advances were posted by countless smaller electronics and semiconductor firms, which routinely do much defense-related subcontracting work...
...American economic system." Harvard's Top Ten Nuclear Related Investments Exxon Corporation $35,442,448 Standard Oil Co. of California $20,912,364 Mobil Corporation $18,360,622 Atlantic Richfield $17,465,122 Gulf Oil $15,969,160 General Electric Company $15,673,735 Getty Oil $11,765,924 Raytheon $9,585,634 Phillips Petroleum $8,996,703 Florida Power and Light $7,169,390 According to '78-'79 Financial Report
...already inadequate budget by 15%. The private sector is unlikely to fill the gap. Whereas New York City's Lincoln Center and Carnegie Hall get essential support from the rich corporations headquartered in the city, Boston has only a few home-town companies of any size, notably Gillette, Raytheon and Polaroid...