Word: subcontractor
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Dates: during 1970-1979
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...Government's foremost concern has always been alien involvement in national security. The Atomic Energy Commission, for example, cannot grant licenses to foreigners or foreign-controlled corporations for operating a nuclear reactor or for producing nuclear fuel. The Government also requires security clearance for any contractor or subcontractor dealing in classified projects. All directors and principal officers of a company doing such work must be investigated, and foreigners generally are not granted clearance. In effect, a company involved in sensitive Government business is permitted to have some foreign stockholders, but participation by aliens in management must be kept...
...Grumman been the only beneficiary of the Navy's bankroll. Over the past year the Navy has shelled out about $1.7 million to a small Long Island subcontractor named Gap Instrument Inc., by purchasing new issues of the company's preferred stock. The Navy is now the single largest stockholder in the company, but its shares appear for the moment to be almost worthless; they carry no voting power and cannot be resold commercially...
...defect is not in G.E.'s basic design, but in one of the pacemaker's parts. A subcontractor for one of the unit's circuits changed the cement used in its manufacture, unwittingly choosing one that can transmit electric current. This supplies more power from the built-in battery than is needed and affects the governor on the mechanism...
...experiencing difficulties. The main reason is that Japanese executives in the U.S. tend to base production schedules on the pace of Japanese factories, where workers put in six eight-hour days a week. When Mitsubishi took over the San Angelo plant of a U.S. subcontractor in 1969. its executives made it plain that they would not expect the employees to adopt Japanese habits. They have contented themselves with the work pace that American foremen can get out of 100 Texans who put in conventional 40-hour weeks...
...idea is also attractive because it has already shown glimmerings of success in some cases. The Aerospace Association's President Harr estimates that the industry now handles $2.5 billion worth of non-aerospace business annually, including urban studies, pollution control and housing. For example, the Rohr Corp., a subcontractor of airplane parts, two years ago began studying rail-transit problems and has since won a profitable, $66.7 million contract to construct cars for San Francisco's new rapid-transit system. Railroads of all kinds are the projects most often mentioned as possible conversion targets for the aerospace industry. Says...