Word: soarings
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Dates: during 1960-1969
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...busy Saturdays the aisles of southend supermarkets were almost bare. Boeing, the city's biggest employer and once the nation's largest defense contractor, was on the ropes. It had lost the multibillion-dollar TFX fighter contract to General Dynamics and had its contract for the Dyna-Soar manned spacecraft abruptly canceled. Its defense business had fallen by $150 million since 1962, and its work force had dropped by 12,000 to 92,100. Boeing was undergoing an agony that afflicts many U.S. corporations in a day of selective defense cutbacks: the necessity of finding something to fill...
...lies in outer space. He has already begun preparing for other work at the firm's long-profitable Minuteman ballistic branch, which last week won the company two Government contracts totaling $21 million but is past its peak as a profitmaker. Boeing has also converted the defunct Dyna-Soar branch to space research, is in the running for a contract to build a manned orbiting laboratory, and is building a $15 million space research-and-development center as the next step toward landing more space-age contracts...
...nation's biggest in more than half a century - is testing four systems of computer-controlled train operation proposed by General Electric, Westinghouse Electric, Westinghouse Air Brake and General Signal. With all this going on, industry experts predict that annual sales of all types of transit equipment will soar from today's $100 million to $660 million...
...cost of living continues to rise, the price of a good lawyer continues to soar - so much that equal justice is still an empty platitude for the 60% of criminal defendants who cannot afford even a bad counsel. State courts are now trying the remedy of paid public defendants. But federal courts are still without the means to pay even court-appointed lawyers. Last week a U.S. district judge in Oregon blasted this anomaly with a broad-gauged decision that may not only cost Washington a great deal of money, but may be the neatest constitutional argument of the year...
...high, and can become skyhigh. Pilots who handle the large jets begin at $6,000 to $6,720 the first year, then soar to some $35,000, plus many benefits, by the ninth year-for 85 airborne hours a month...