Word: northrop
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...first Gulf War. In September 1990, with Cheney's backing, Rowen cooked up Operation Scorpion, a secret plan to invade Iraq from the west, go all the way to Baghdad and topple Saddam. (The plan went nowhere.) Another panel member, former CIA deputy director William Studeman, now with Northrop Grumman, contributed $250 to candidate Bush's campaign in 2000. His wife gave the Bush re-election committee $500 just a week before her husband was named to the panel last month...
...invested in defense contractors who are making increased profits as a result of the war. As much as one-third of the monthly $3.9 billion cost of the occupation of Iraq is going to independent contractors, and Harvard has tens of millions of dollars invested in companies including Halliburton, Northrop Corp. and JP Morgan Chase & Co., among others...
LEVKOVICH: I'll hit a couple of them. Long term, dividends are important. I think defense is another long-term theme. A Northrop Grumman is going to pop up as a beneficiary. But if I look at very specific ones, one of the very few areas where you can talk about pent-up demand is travel. Corporate travel, leisure travel have been put off by two wars, recession, a bubble bursting, SARS. The only thing that hasn't hit this industry is pestilence. There are very few new rooms coming on the market, so you have an industry that...
...executive. Still, even accounting for decades of compounded interest and (at least for a while) a booming stock market, $140 million is "very generous," says Doug Jensen, an executive-compensation consultant at Hay Group in Norwalk, Conn. Consider: it's equal to the entire second-quarter pension expense for Northrop Grumman, a company with 120,000 employees...
There was never any question about what Chad Keith would do when he grew up. As a child, "he collected every G.I. Joe on the market," says his grandfather Charles Northrop. Keith's interest in the military was not hard to fathom: at least six close relatives had served. During his senior year of high school, he enlisted in the Army's delayed-entry program, and though he had never took part in track before, he joined the team, a move his coach now suspects was partly to help him prepare for basic training. After graduating from high school...