Word: titanic
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...opened an aviation-electronics business that turned out the first practical light-plane radio. After World War II, Lear burgeoned as the world's largest manufacturer of autopilots and a major supplier of other gadgets for planes and a dozen missiles, including the Titan, Bomarc, Polaris and Nike-Zeus. On the side, after three quick marriages, Lear settled down with Wife No. 4, Moya Olsen, daughter of Olsen of the Olsen & Johnson comedy team. His own enthusiasm for flying is so great that Mrs. Lear, in self-defense, is taking flying lessons. Their two boys...
MISSILE COMPETITION for Air Force Titan's inertial-guidance systems was won by G.M.'s AC Spark Plug Division over American Bosch Arma Corp. Contract's worth: about $300 million in next few years...
...Such businesslike activity shared Canaveral spotlights with successful tests of the solid-fuel, second-generation Titan ICBM and the air-launched (from a B-47) Bold Orion experimental IRBM (TIME...
...Defense Secretary Neil McElroy's estimate, will be outgunned 3 to 1 by the Communists in intercontinental ballistic missiles. The new proposal: double the U.S.'s planned production of ICBMs by mid-1963. Planning now calls for the deployment of 90 Atlas ICBMs and 110 Titan ICBMs in 20 squadrons of ten missiles apiece by mid-1963. The U.S., under the new proposal, would add 200 more Atlas ICBMs to the buildup. Cost over four years: about $2.5 billion, with a relatively small $500 million to come out of the fiscal 1960 budget as a first installment...
...Senate Preparedness Subcommittee (TIME, Feb. 9). The Administration's thesis: 1) the U.S. will get through the missile gap of the early 1960s with a "diversified" deterrent of manned thermonuclear bombers, Navy carriers and missile-firing nuclear submarines, plus a slowly growing, minimum force of Atlas and Titan ICBMs and the medium-range ballistic missile Thor; 2) the U.S. will close the gap around 1964 to the U.S.S.R.'s disadvantage when the Air Force deploys its "second-generation" solid-fuel Minuteman ICBM in hundreds of underground silos as the missile age's first true mass weapon...