Word: siddeley
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Dates: during 1960-1969
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...prototype Concorde in February 1968, test a second prototype in the summer of '68, and have their SST operational by 1971. The British Aircraft Corp. is building the nose and tail sections for the 1,450 m.p.h., 140-passenger Con corde. Britain's Bristol Siddeley is mak ing the engine. France's Sud-Aviation is responsible for the wings and midsection. To break even, the builders will have to sell about 140 Concordes at $16 million each; already 60 are on order, including eight for Pan Am, six apiece for TWA, United and American airlines, three...
...Rolls-Royce has taken a step that will make it the world's second biggest aircraft-engine manufacturer - next only to the U.S.'s Pratt & Whitney. For cash and stock worth $175,400,000, Rolls-Royce bought out Bristol Siddeley Engines Ltd., which already has the engine contract for the Concorde, the British-French supersonic transport presently scheduled for test-flying in 1968. Bristol Siddeley has been losing other business, though, including the engine contract for Britain's TSR-2, a tactical reconnaissance plane which the government decided to cancel last year. Meanwhile, Rolls-Royce has been...
Rolls expects to retain all of Bristol Siddeley's 30,000 workers. Only one important personnel change is contemplated under the merger. Sir James Denning Pearson, 58, the chief executive officer of Rolls-Royce, has long doubled in brass as the company's top engineer. Now he will hold one position: chief executive of the merged company...
Minister of Aviation Fred Mulley announced in the House of Commons that instead of its Boeings, BEA must buy made-in-Britain aircraft, with a choice between the Hawker-Siddeley Trident III, the Vickers VC-10 and the BAC-One-Eleven. The equivalent number of British airplanes would cost BEA about $56 million more than the Boeings, but, said Mulley, the government itself would make up the difference. Hearing the news, BEA Chairman Sir Anthony Milward, who holds his job only at the pleasure of the government, bleakly announced that the company's initials should no longer stand...
...Royalist areas by parachute, while camel caravans, moving under the cover of darkness, plod silently across the Saudi border into Yemen. On top of a previous $400 million arms deal with Britain and the U.S., Saudi King Feisal announced fortnight ago that he is buying twelve British-built Hawker Siddeley jets, and plans a military airfield near Qizan, within ten miles of the Yemen border...