Word: waylaying
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Dates: during 1970-1979
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...contractor was Long Island's Grumman Aerospace Corp., builder of the Navy's long-awaited F-14 fighter, a swing-wing Mach 3 jet that is designed to waylay any enemy missile-armed bombers sent to attack American ships. In 1969, the Pentagon awarded Grumman a contract to build 722 of the planes, figuring to pay $11.5 million for each of them, or $8.3 billion for the lot. But last April, a Grumman official formally announced to Navy headquarters that it had become "commercially impracticable" for his company to construct more than the 38 planes that...