Word: offing
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Dates: during 1970-1970
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Credit controls, the President complained in a rebuke to Congress, "would take the nation a long step toward a directly controlled economy and would weaken the will for needed fiscal and financial discipline." That admonition is unlikely to quiet the cry for credit restrictions unless the Federal Reserve soon begins...
Because it is intended primarily to knock down other jets, notably the agile Soviet MIG-23, the Air Force calls its forthcoming F-15 an "air superiority" fighter. The designation is doubly meaningful to U.S. aircraft firms. They are finding that big Pentagon contracts, once frequent, are becoming frustratingly scarce...
The award means that McDonnell Douglas will retain the mix of civilian-military sales that have helped make it the nation's most profitable aerospace firm (1968 earnings: $95 million, on revenues of $3.6 billion). Deliveries of Douglas' DC-8 and DC-9 airliners entered a decline this...
The losers in the F-15 race suffered a severe blow. Maryland-based Fairchild Hiller Co. (1968 sales: $244 million) saw its hopes of suddenly becoming a major aerospace firm dashed. Bigger North American Rockwell ($2.6 billion) badly needs new business to offset declines in its Apollo program work. The...
"Du Pont has been on a plateau for the past few years. It is at a high altitude, but it is still a plateau." This judgment of the recent growth of the world's largest chemical company comes from Charles Brelsford McCoy, 60, president of E. I. du Pont...