Word: woodhead
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...WOODHEAD Detroit...
Plane Prex. La Motte T. Cohu, who resigned as T.W.A. president last month, was named to succeed ailing Harry Woodhead as president of Consolidated Vultee Aircraft Corp. Cohu was chairman and general manager of Northrop Aircraft, Inc. for eight years before his term with money-losing T.W.A. Bogged down by production tangles, Convair lost $5,130,338 in the five months ending April...
...turned in hate against the moneylenders, merchants and all their coreligionists. In Bengal it had been the same. While 1½ million died of famine, landowners and food dealers, Moslem and Hindu alike, had reaped profits of 1½ billion rupees. "Every death in the famine," estimated the Woodhead Famine Enquiry Commission two years ago, "was balanced by roughly a thousand rupees of excess profit." The economic grievance of peasants against landlords and profiteers became a religious fight...
There had to be a long-range plan to permit the slow, expensive development of new types. Consolidated Vultee has built one 400-man troop-carrying C-99. But Consolidated's President Harry Woodhead said that without more millions of dollars and years of preparation for production the C-99 might just as well be a "museum piece." Warned J. Carlton Ward Jr., president of Fair child Engine & Airplane Corp.: "We will never again have five years to mobilize aircraft production...
...deal was further dampened by a fact which neither Woodhead nor Gross would dare to admit publicly: that they and all other big aircraft manufacturers are facing one of the industry's worst financial storms. One big cause is the shuffle of military budgets, which will cut deeply into the planemakers' surest and richest market. A bigger one is that the planemakers are unalterably entangled with plane operators, whose troubles are headline topics...