Word: vanguard
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Rockets & Light Planes. To compound the troubles, few U.S. enginemakers have been quick to jump into the new field of rocket power. Though both Curtiss-Wright and General Electric, now building the first-stage rocket motor for the Vanguard satellite project, are hurrying to catch up, most of the contracts so far have gone to new companies in the field. North American Aviation's Rocketdyne Division currently has 10,250 employees and contracts to power a fleet of big missiles, from the intercontinental Atlas to the Army's 200-mile Redstone. A second newcomer. California's Aerojet...
...home-distilled vodka." Last month Weatherman Putrament held up a moist forefinger and got the feel of a new breeze blowing through Poland. The country, he said forthwith, was drifting away from Socialism into anarchy, thus creating the danger of "Hungarian tragedies." He accused the young hotheads in the vanguard of Gomulka's national movement of "cheerfully blowing up the very bases of our ideology...
Satellites First. The first stage of military space flight after the earth-to-earth missiles will probably be an unmanned reconnaissance satellite. The peaceful, 212-lb. satellite of Project Vanguard will have no military value, but rocket motors exist that can put a much heavier satellite into a permanent orbit. If big enough, it could carry a telescope and a scanning device to send radio pictures of what it sees down to its sponsors. It might also report bursts of heat or light: signs that someone has exploded a nuclear charge or fired a large missile on the far side...
STOCK CONTROL of Britain's automaking Standard Motor Co. has been quietly bought for $4,900,000 by Canada's farm equipment giant, Massey-Harris-Ferguson, Ltd., which may turn Standard into Europe's biggest farm-machinery producer. Besides its Standard, Vanguard and Triumph cars, Standard is producing 100,000 Ferguson tractors annually under license deal. Massey holds 18½% of Standard stock, the biggest bloc...
...Vanguard, which is still only a set of plans on the drawing board plus a wooden mockup, is a big, versatile, medium-range (up to 3,000 miles) airliner that will cruise at 420 m.p.h. Designed with a two-level, "double-bubble" fuselage, the Vanguard will be able to carry two tons of freight and mail on the lower deck and as many as 122 passengers on the top deck. T.C.A. will take delivery on its Vanguards in the fall and winter of 1960-61, retire or sell all its piston-engine planes, wind up with an airfleet composed entirely...