Word: thor
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Dates: during 1950-1959
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BIGGEST DEFENSE ORDER since World War II for General Electric Co. for developmental work was disclosed by Air Force. Contract is for $158 million worth of G.E. missile nose-cones to go on Atlas ICBM and Thor IRBM...
...failure of the first Air Force test Atlas gave underdog Army spokesmen new confidence in the bitter interservice fracas on U.S. missile dominance. Against Atlas' crash and the Air Force's bug-ridden 1,500-mile Thor missile, the Army touted its own relatively successful 1,500-mile Jupiter (TIME, June 10) and the new low-level-surf ace-to-air Hawk, made its boldest pitch yet for operational control of intermediate-range missilery (1,500 miles) now assigned to the Air Force...
...company's total business. By spending an initial $1,000,000 right after World War II on its Rocketdyne Division, pumping in another $26 million, since then for five plants and test facilities, North American won contracts for the Atlas ICBM power plant, the engines for the Thor and Jupiter intermediate missiles. From a start of five men in 1945, North American's Rocketdyne Division has expanded to 10,500 employees, and its sales of some $165 million (18% of North American's total) last year led the industry. Aerojet General is running a close second, sold...
Died. Nils Thor ("N.T.G.") Granlund, 57, lanky girlie-show producer and one of America's first popular radio announcers (on Theaterman Marcus Loew's station WHN, opened in 1922) ; of injuries suffered in an auto accident; in Las Vegas...
...them all, the biggest and most important electronics project is the development of the Air Force's intercontinental ballistics missiles, the 5,500-mile Atlas and Titan and the 1,500-mile intermediate missile Thor. The heart, nerves and brains of the giant warbirds are fantastically complex electronic-guidance systems. That the job of" supervising this project, on which the survival of the U.S. depends, was not given to one of the familiar electronic giants-American Telephone & Telegraph, Radio Corp. of America, International Business Machines, General Electric, Sylvania, Westinghouse-but to Los Angeles' Ramo-Wooldridge is a perfect...