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Named for the three-tongued bolt of lightning that sparked from Thor's hammer, the Viggen was designed by Saab (for Svenska Aeroplan Aktiebolaget). Saab currently reaps half its $136 million annual sales from autos, trucks and tractors, but it is also the Continent's biggest privately owned aircraft manufacturer...

Author: /time Magazine | Title: Sweden: Three-in-One Plane | 1/18/1963 | See Source »

...letting out subcontracts to 1,500 other Swedish firms. L. M. Ericsson, Sweden's aggressive manufacturer of telephone equipment, will be responsible for the Viggen's radar, Standard Radio (a Swedish subsidiary of International Telephone and Telegraph) will make the operations control system, and Svenska Flygmotor will build the souped-up JT8D engine under license from Pratt & Whitney. Slated to reach quantity production in 1969-70, Viggen is expected to keep 10,000 Swedish workmen busy for several years and to pour at least $600 million into the coffers of Swedish industry...

Author: /time Magazine | Title: Sweden: Three-in-One Plane | 1/18/1963 | See Source »

Saab (stands for Svenska Aeroplan Aktiebolaget-Swedish Aircraft Co. in English) has been Sweden's leading plane manufacturer since 1939. But when prospects for the airframe industry began to look dim after World War II, Saab's aircraft engineers went to work designing a car. By 1950 they produced a wind tunnel-tested model that was nearly perfect aerodynamically, but had to be redesigned to hold people. Since then, under the prodding of slide rule-toting Managing Director Tryggve Holm, 57, Saab has become the car for the automotive purist who revels in its front-wheel drive...

Author: /time Magazine | Title: Business Abroad: Surging Swedes | 4/6/1962 | See Source »

Footholds, however, are rarely enough for Litton. "We like vertical strength," explains Ash. One typical chain of Litton acquisitions began two years ago, when Litton bought Stockholm-based Svenska Dataregister, a manufacturer of point-of-sale electronic scanning and recording devices that can be linked to computers for instantaneous inventory control. Last January Litton bought a company that makes the equipment that links the point-of-sale recorder to the computer and the tags the scanners read. Last June Litton completed the circle by acquiring a company that makes the adhesive for the tags. Plain Front. Despite Litton...

Author: /time Magazine | Title: Corporations: According to Plan | 9/15/1961 | See Source »

...curtain fell, the audience rose and applauded for almost half an hour, while the cast took more than a dozen curtain calls. Critical reaction ranged from Svenska Dagbladet's "One of the most powerful realistic dramas written in this century," to the Morgan-Tidningen's "The most gripping picture of hell that has ever been seen in the theater." But one first-nighter grumbled that "Such drawn-out, detailed probing of personalities can only keep the interest of somebody personally involved." Another offered a new title for the O'Neill opus: Four Acts in Search...

Author: /time Magazine | Title: The Theater: O'Neill's Last Play | 2/20/1956 | See Source »

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