Word: twin-jet
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...first half of Douglas' 1966 fiscal year, through May, profits have been nominal indeed: $645,000 on sales of $496 million. Only a tax credit of $990,000 kept Douglas from slipping into the red. Even though the company deferred part of its heavy development costs for the twin-jet DC-9, it lost money on the first 20 planes and failed to show a profit on a second group. Last week Douglas confirmed that it had raised the price for DC-9s by 4% from a minimum of $3,100,000. The increase became effective June...
Behind these prime contractors, scores of specialists ranging from Aerojet-General (rocket fuel) to United Aircraft (jet engines) are pursuing prosperity with a diversity of projects. Nine allied countries fly Northrop Corp.'s hot twin-jet F-5 fighter, and the company is developing deep ocean bases for the Navy, building three broadcasting stations in Ethiopia, and teaching budgetary accounting to the Nicaraguan government. Comsat has just placed a $35 million order for 24 satellites with Cleveland-based TRW Inc. Martin Marietta last month won the first production contract, for $12,085,430, for the Walleye glide bomb...
...army has taken over. The departmental capital of Huancayo, 120 miles east of Lima near the heart of guerrilla activity, swarms with soldiers and military vehicles. On nearby air fields, military transports land with supplies, while helicopters and bomb-laden twin-jet Canberra bombers stand ready for takeoff. In the field some 1,500 soldiers−advised by U.S. anti-guerrilla experts−are committed against the Red terrorists...
...exhibit of their supersonic Concorde, taking advantage of the lone air-transport realm in which the U.S. lags, pointed proudly to 47 orders already on the books for the still unbuilt plane. The French government seized the occasion to order Sud-Aviation to build 13 more of its twin-jet Caravelles, and France's Nord-Aviation showed off the twin-engined Transall cargo plane that it has developed with five German firms...
...biggest individual order in air transport history: $750 million worth of jet planes and spare parts. Most of the 144-plane plum went to Seattle's Boeing Co., which thus not only reinforced its position as the world's largest maker of commercial planes (recently wrested from Los Angeles' Douglas Aircraft), but also gained dramatically in its race to catch up with Douglas and British Aircraft Corp. in sales of short-range jets. United will acquire 130 Boeing planes in all: 70 twin-jet short-range 737s, 30 medium-range tri-jet 727s and 30 "quick-change...