Word: siddeley
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Under hurry-up development by Hawker Aircraft Ltd. since 1959, the P-1127 has convinced Pentagon authorities that it is two years ahead of U.S. rivals. It is built around the Bristol Siddeley BS-53 Pegasus, a remarkable jet engine that discharges large volumes of comparatively slow-speed air through four swiveling nozzles that can point either front, back or down. When the VTOL is ready for vertical takeoff, the pilot points all the nozzles down, revs the engine, and the plane rises straight up on an even keel. When sufficiently clear of the ground, the pilot turns the nozzles...
...from British European Airways for 24 of its new short-range jet, the D.H. 121. De Havilland Managing Director Sir Aubrey F. Burke liked the new tie-up, since he is slated to boss the combine's aviation activities. Still to be determined are the fates of the Siddeley Group's Canadian subsidiary, A. V. Roe & Co., and de Havilland Aircraft of Canada...
...Last week Vickers-Armstrongs, maker of the turboprop Viscount and Vanguard, and English Electric Co., R.A.F. fighter-plane builder, sped up their longstanding merger talks. They also began courting Bristol Aircraft, maker of the turboprop Britannia. They feel they will need a big combine to compete against the Hawker-Siddeley Group and de Havilland Aircraft Co., which last month announced plans to merge. If stockholders approve, Hawker-Siddeley and de Havilland will become the biggest aircraft company in the Commonwealth (combined assets: $250 million...
Over the past eight years Hawker Siddeley has built some 2,000 Hunters and profited handsomely; but the Hunter is obsolescent in the age of Mach 2 fighters, and orders for it are rapidly running...
Other Fields. To survive, many a planemaker has diversified to other fields. Hawker Siddeley builds cars (the Sapphire). Others make boats, harvesters, computers, plastic products. Those that hope to develop advanced planes are working together. De Havilland, Fairey and Hunting are jointly developing a new medium-range jet, the D.H. 121. English Electric and Vickers are developing a supersonic bomber...