Word: vapenfabrikk
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Dates: during 1987-1987
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...Watari and Chairman Shoichi Saba suddenly dashed to their corporate headquarters for an emergency board meeting. Then, at a hastily called news conference, the two executives resigned. That surprise gesture of contrition came less than a day after the Senate voted 92 to 5 to prohibit Toshiba and Kongsberg Vapenfabrikk, Norway's largest defense contractor, from selling any products in the U.S. for two to five years...
...last week, as Congress considered retaliation against two foreign companies that illicitly sold to the Soviet Union important high-tech equipment used in building submarines and aircraft carriers. The targets looming in the congressional periscope: Toshiba Machine, which is 50.1% owned by the Japanese conglomerate Toshiba Corp., and Kongsberg Vapenfabrikk, a state-owned computer and weaponmaker in Norway. Several lawmakers even suggested that Toshiba and Kongsberg be barred from selling products in the American market. "I'm talking about retribution," said Republican Senator Jake Garn of Utah...
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