Word: thorntons
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Dream Project. Hearing that Ford Motor Co. was struggling with the task of resurrecting itself into a modern corporation, Thornton fired off a cocky telegram to Henry Ford II, offering to use the ten's ability to bring the sprawling, money-losing company under control. Ford checked with Lovett, invited Thornton to Detroit. There Thornton negotiated salaries ranging from $8,000 a year for the least experienced of the group up to $16,000 for himself. It was quite a deal for Ford; in one package, it got two future presidents and four divisional bosses...
...Thornton liked being the top man, and he chafed at being held back by Executive Vice President Ernest...
Breech, who had come to Ford from G.M. after the Whiz Kids arrived. In 1948, after two busy years with Ford, Thornton quit to take a job with eccentric Industrialist Howard Hughes, who made him vice president and general manager of Hughes Aircraft. Thornton convinced Hughes that not enough companies were working full time on developing the advanced weapons technology the nation was sure to need. He re organized Hughes Aircraft, building its sales from $1,500,000 to $200 million in five years, and prepared it to be practically the first company to get into missile work. But Hughes...
...share of space projects: it made the first space chamber and spacesuit, is making a relief map of the moon so that astronauts will know what they are in for, has created a wind tunnel that simulates the problems of re-entry by speeding up gases. But Thornton is convinced that "there isn't room in space for all the companies trying to get there," has turned the company's eyes downward into the sea. Ingalls has five contracts worth $145 million to build the Navy's new nuclear-powered attack submarines, which may be the destroyers...
Science Fact. The men at Litton are aware of the problems, but they are optimistic about the long-range effects of technological revolution, believing that great new industries will arise to create even more employment. Thornton sees technology as eventually "freeing man's intellect for decision making, and freeing his creative powers for the contemplation, theorizing and development of yet newer technologies that can put into use the great abundance of energy available to mankind." For a man like Thornton, who wants to "build and keep building," the exciting possibilities ahead far outweigh any possible hazards...