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...Rome's Via Veneto, encourages the chiefs of its 130 companies to stand on their own with a minimum of bureaucratic stuffiness. IRI has sold to private investors up to 45% of the stock in some of its individual companies, has joined in ventures with U.S. Steel and Raytheon. Italy's leftists have damned IRI as a thinly disguised capitalist entity; on the other hand, conservatives have complained that it aggravated inflation by breaking industry's united front against the unions' wage demands last year. But almost all political factions support the company because...

Author: /time Magazine | Title: Italy: A Fundamental Instrument | 3/27/1964 | See Source »

Among corporations, General Electric holds the most (12,000), followed by A.T. & T., RCA, Esso, Westinghouse and Du Pont. The individuals who hold the most patents are also connected with corporations: Raytheon Scientist Percy Spencer alone holds 225, and Polaroid's chairman, Dr. Edwin Land, has well over...

Author: /time Magazine | Title: Patents: Reform Pending | 2/28/1964 | See Source »

Delicate Marriage. The easy accuracy of the Raytheon navigator that the A Ian was demonstrating for the Navy last week masked a delicate marriage of intricate techniques: the sonar sound-detection systems that have been used by submarines and sub detectors since World War II, and the more advanced electronic navigation devices that have recently come into use aboard high-speed aircraft. Mounted beneath the Alan's hull are four small pairs of sound projectors and receivers. A gyrocompass keeps them constantly aimed toward the cardinal points of the compass as powerful beams of sound are caromed...

Author: /time Magazine | Title: Navigation: Easy Accuracy at Sea | 11/22/1963 | See Source »

Light Brain. One important weight saving is in the General Electric and Raytheon guidance system, the lightest ever devised for a ballistic missile. The computer, which does the missile's thinking in flight, weighs only half as much as its predecessor. But accuracy has not been sacrificed. In spite of covering a greater distance, the A-3 hits its targets more accurately than...

Author: /time Magazine | Title: Missiles: The New, Improved Polaris | 11/8/1963 | See Source »

Such firms as Sperry Gyroscope Co. and Raytheon Co. actually offered jobs. So confident did Sherman become that he threatened to sue one firm that was tardy with his expense payment...

Author: /time Magazine | Title: The Job: The Hot Prospect | 11/1/1963 | See Source »

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