Word: seale
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Dates: during 1980-1989
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...real bonanza, though, is in spare parts. An Air Force audit revealed that Pratt and Whitney has quietly increased the price of one part, a turbine air seal, from $16 to more than $3000, supposedly to correct an accounting error in the original price--the audit uncovered scores of such "corrections." Overall, the defense industry has, for the past two years, sustained an inflation rate of 20 percent--more than double the national average...
...preliminary Air Force findings included 35 examples of especially astounding price increases. Pratt & Whitney, for example, charged the Air Force $16 for a turbine air seal on engines that power the F-111 fighter in 1981; a year later it priced the same part at $3,033.82-an increase of 1,886% at a time when inflation was running at 8.9%. The firm's explanation: its own clerk had listed the 1981 price too low. A part used in mounting engines in C-141 transports and B-52H bombers rose in price from $77.28 to $1,016.70, an increase...
Princeton bounced back in the second half for 20 points, mostly on the passing of quarterback Brent Woods (28 of 42 for 304 yards and two TDs), but the Big Green added another 13 points to seal the victory and a share of the league title...
...Veritas," it says on the seal of Yale University. "Light and Truth." By taking a seemingly uncharacteristic position, Giamatti reminds us that a university must not only lend its support to worthy issues, but also show concern for the way that support will be used...
...were supercharged." Coach Bob Seal said after the game "We played a much faster paced game and we wore Brown...