Word: vought
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
When Ling-Temco-Vought President Clyde Skeen appeared in Wilson & Co.'s Chicago executive suite last December, Wilson President Roscoe G. Haynie mused: "I know he didn't come up here to price a set of golf clubs." Acting as emissary for Ling-Temco Headman James Joseph Ling, who controls 16.6% of the Dallas-based company, Skeen announced that L-T-V thought Wilson & Co. a good investment, planned to offer tenders for one-third of its stock...
...chemicals and Pharmaceuticals with a strong management team. Still, there was little Haynie could do to stop Ling-even after he realized the extent of the Texan's designs on his company. In a matter of days, before Haynie could summon his board of directors, Ling-Temco-Vought had corralled a sizable chunk of Wilson's stock by offering holders $62.50 per share, 25% over the Dec. 20 New York Stock Exchange closing. By Jan. 5, L-T-V held 53%, thus making Wilson a member of the family...
...laid out in the shape of royalties. Beyond that, the SST, as the biggest single venture ever undertaken by U.S. industry, will create at least 100,000 new jobs across the country. The plane is too big for Boeing to build alone; Avco Corp., Fairchild Hiller, Ling-Temco-Vought, Martin Marietta, North American Aviation and Northrop have already been designated as subcontractors, and Lockheed too may end up with a slice of the work...
...future 110-passenger intercity transport, built its experimental XV-9A hot-cycle model, which is powered by hot gases shooting out of rotor-tip vents. Beyond that come bizarre crossbreeds intended to graft the convenience of helicopters to the greater speed and durability of conventional planes. Ling-Temco-Vought's tilt-wing XC-142A can fly straight up, backward at 35 m.p.h. or forward at 400 m.p.h. Lockheed, a relative newcomer to the field, is building an odd-looking hybrid called the AAFSS (for Advanced Aerial Fire Support System) with stubby wings, a pusher propeller and rotor blades...
Other fighter-type V/STOLs have already flown, but Ling-Temco-Vought's XC-142As are full-scale troop carriers, and they are remarkably agile. LTV's Director of Flight Operations John Konrad took his plane through a series of 360° turns only 20 ft. off the ground, then flew backward and forward with equal ease. Both pilots then reached for the one cockpit control that would have been out of place in a conventional plane: the lever that controls the two powerful screwjacks that can turn the wings until they point skyward or roll them back into...