Word: bomber
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...Aerospace and Defense Co. to Thomson-CSF, whose principal stockholder is the French government, raised questions far more vexing than matters of mere national pride. About 75% of LTV's products are defense- related, including such advanced systems as the Multiple Launch Rocket System and the B-2 Stealth bomber. French ownership would effectively guarantee French acquisition of LTV's classified American defense technology...
Cons. Connies. Chucks. High-tops. All Stars. By any name, the Converse Chuck Taylor All Star basketball shoe is an American classic -- and still a hot seller. For sheer endurance, the simple canvas and vulcanized-rubber shoe (price: $32) now ranks up there with leather bomber jackets, Levi's and Coca-Cola. Last week Converse celebrated the 75th birthday of the All Star and launched an ad campaign that includes a battery of five-second TV spots...
...still a MAD, MAD world, but it is becoming less so. Last week George Bush terminated the Midgetman missile program, suspended work on the MX and halted production of the B-2 Stealth bomber and the advanced cruise missile. A day later, Russian President Boris Yeltsin responded by stopping production of two long-range bombers and cruise missiles and called on both sides to forgo targeting each other...
...THOSE NAUGHTY EIGHTIES. The John DeLorean-Stealth Bomber-Dynasty-Gordon Gekko-Material Girl-Black Monday-Lifestyles of the Rich and Famous-SDI-Ivan Boesky-Trump Tower-Trump Palace-Trump Castle decade. The decade of Nancy Reagan's $200,000 china, the Pentagon's $640 toilet seat, the country's $200 billion budget deficits. A shamelessly materialistic decade. An irresponsible decade. A morally bankrupt decade...
Some firms are beefing up their civilian operations to soften the loss of military business. McDonnell Douglas is phasing out production of such lucrative aircraft as the F-15 Eagle fighter and the AV-8B Harrier fighter- bomber. To help take up the slack, the St. Louis-based firm agreed last year to join forces with Taiwan Aerospace Corp. to build a new generation of commercial jetliners. At the same time, overseas contracts and proposals to modernize McDonnell Douglas military aircraft now in service could salvage additional jobs on the firm's production lines...