Word: titanic
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...hatted construction workers pouring concrete around a Minuteman launch silo 89 feet deep. North of Little Rock, Ark., where the Ouachita Mountains slope toward the Mississippi, motorists on U.S. Route 67 can see trailers, cars and cranes clustered around huge wounds that have been gouged in the earth for Titan II missiles. Flying south on Western Airlines Flight 51 near Cheyenne, Wyo., passengers can look down and see the jeweled galaxy of lights around an Atlas complex that has already been accepted as operational by the Strategic Air Command...
Missile Deterrent. The U.S. will continue to rely on liquid-fuel Atlas and Titan intercontinental missiles. The bill will complete the Air Force's 13-squadron Atlas program (with a total of 135 missiles), allow for twelve squadrons of Titans (with a total of 108 missiles). But the future of strategic deterrence clearly belongs to two solid-fuel missiles: the Navy's submarine-carried Polaris, and the Air Force's Minuteman, which can be fired from concrete "silos" buried in the ground, eventually will also be carried on special trains roaming at random through...
...Alleghany controls Minneapolis' Investors Diversified Services, a $3.4 billion investment giant that includes the world's largest mutual fund. In the biggest and bitterest proxy fight in U.S. history, the Murchisons snatched Alleghany out of the hands of Woolworth Heir Allan P. Kirby, 68, a Wall Street titan with a fortune far bigger than theirs. More impressive yet, they won by rallying more Wall Street support than Kirby himself. "All of us here in Texas were pulling for them," says Dallas Insurance Millionaire Jimmy Collins. "We like big deals in Texas, and this is the biggest kind...
...undertaking that calls for crash construction of the most complicated equipment ever devised. Failures are inevitable in exploring the unknown. Batting averages are not the full test of success in the missile league, but misses do cost millions-and of 193 attempted launchings of U.S. satellites and Atlas and Titan missiles since 1957, only 118 have been completely successful. The original goal of the Mercury astronaut program was to put a man in orbit by late 1960 at a cost of $200 million; now the target date is late 1961 and the anticipated cost $500 million...
...Henry Ford, with his hatred of "the Eastern bankers," would have been delighted. Flushed with consciousness of its mounting financial power, Texas had challenged a Wall Street titan to the biggest proxy fight in U.S. history. Last week Texas-in the persons of John Murchison, 39, and his brother Clint Jr., 37-won the day, snatched control of Manhattan's giant Alleghany Corp. away from Multimillionaire Allan P. Kirby...