Word: techs
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Dates: during 1980-1989
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While General Motors went shopping last week for a high-tech aircraft and ) electronics manufacturer, R.J. Reynolds seemed convinced that plenty of money could still be made on cookies and crackers. Reynolds, the second largest U.S. cigarette maker, agreed to buy Nabisco Brands, the fifth biggest food manufacturer, for $4.9 billion. The merged company will have annual sales of more than $19 billion, making it the largest consumer-products firm...
There, amid the taco joints and shopping malls, are hundreds of burgeoning high-tech firms that help give the U.S. its essential -- but fast shrinking -- edge over the Soviets in high-technology equipment. From their high-rent spy nest in San Francisco, KGB agents fan out through the valley, looking for Americans who can be bought and secrets that can be stolen...
Moscow's hunger for high tech has transformed the ancient art of spying. No longer are the Soviets principally interested in the traditional fruits of espionage -- the enemy's order of battle, troop movements and codes -- even though, as the Walker case vividly demonstrates, they would dearly like to know the secrets of U.S. antisubmarine warfare. High tech has both raised the stakes and broadened the game. It has made the Silicon Valley microchips as valuable as NATO war plans, and it has made traitors out of civilian engineers as well as Navy code clerks...
...sturdy tanks, but their home-designed computers are slow and crude. To close the gap, the Soviets have waged a massive and successful campaign to capture America's technological wizardry. Since the late '70s, estimate U.S. intelligence experts, the Soviets have made off with 30,000 pieces of high-tech equipment and 400,000 technical documents. As a result, declares Assistant Secretary of Defense Richard Perle, they have cut the U.S. technological lead from ten years to as little as three. For the U.S. and its NATO allies, who rely on brains to beat brawn, on "smart weapons" to counter...
...Reagan Administration has tried to limit the sale of high-tech equipment that can be put to military use and to crack down on the international "techno-bandits" who purchase or steal for the Soviets what they cannot directly buy. But in an open society that must trade freely with the world, the Reaganauts have about as much chance of preventing high-tech secrets from flowing out of the U.S. as they do of stopping cocaine and marijuana from flooding...