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...would make a good mate. It offers a large write-off against future taxes. Due largely to development costs on its DC-8 jetliner, its 1959-60 deficits totaled $52 million. Douglas is the contractor for the nation's first airborne ballistic missile, the Skybolt, and for the Saturn moon rocket booster. In addition, Douglas and McDonnell share a $1,800,000 contract, jointly awarded them by the Federal Aviation Agency, to develop a supersonic transport...

Author: /time Magazine | Title: Aerospace: McDonnell's Second Stage | 11/9/1962 | See Source »

...Cape Canaveral Kennedy saw the towering, 2,800-ton service structure that will eventually house the Saturn III, the most powerful space vehicle yet off U.S. drawing boards. At the George C. Marshall Space Flight Center at Huntsville, Ala.. Rocket Expert Wernher von Braun gave the President a 30-second static test blast from one of the Saturn booster engines. Von Braun pointed to a huge first-stage booster (prone, but pretty impressive all the same). Said he: "This is the vehicle designed to fulfill your promise to put a man on the moon in this decade." He paused...

Author: /time Magazine | Title: Space: Moon Spat | 9/21/1962 | See Source »

...Definition. Despite increased commitment, it is still the unhappy truth that the Saturn C-1 booster- the U.S.'s answer to Russia's big rocket-is still in its test stages. And it is all too symbolic of an American attitude that even last week, while Popovich and Nikolayev were holding the high ground, a handful of striking electricians at the Huntsville, Ala., Space Center stopped Saturn construction dead...

Author: /time Magazine | Title: Space: The High Ground | 8/24/1962 | See Source »

...hydrogen engine (also made by North American) is even farther from flight. None of this worries Holmes. Like most engineers, he is used to forecasting the technical future by figuring what can be accomplished with combinations and modifications of existing equipment. There is nothing in the C-5 Advanced Saturn, he says, that is beyond the present "state of the art." Since the smaller engines of the Saturn C-1 have flown successfully in clusters of eight, then the F-1 engines can surely be harnessed in clusters of five. He also concedes that liquid hydrogen, basic to the Apollo...

Author: /time Magazine | Title: Science: Reaching for the Moon | 8/10/1962 | See Source »

...Canaveral, once an Air Force principality, NASA has begun to look and act like the majority stockholder. The gantries and pads of the military "Missile Row" are busier than ever, but they are dwarfed by the 310-ft. gantry and 240-ft. umbilical tower of the Saturn C-1 site, which boasts the most elaborate blockhouse in the space business. A second gantry and tower are rising fast, and farther north NASA is buying thousands of acres of beachland, swamp and orange groves for the stupendous equipment needed to launch the great C-5 moon rockets. These intricate monsters...

Author: /time Magazine | Title: Science: Reaching for the Moon | 8/10/1962 | See Source »

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