Lockheed resists Air Force bid to trim C-5B profits
Lockheed Corp faces continued friction over the C-5B cargo aircraft contract as Air Force officials seek a price cut on the 21 aircraft option for fiscal 1987. The company maintains a fixed price contract, arguing profits are fair and that further concessions would be unjust.
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Lockheed Corp
Air Force
Lockheed
House Energy and Commerce
Subcommittee
Pentagon
David J. Shea
Defense Department
Marietta
H. David Crowther
Dallas Returns as Bobby Ewing in Dream Season Premiere
The Dallas season premiere draws large ratings defeating Miami Vice in NBC’s head to head. Patrick Duffy returns as Bobby Ewing amid the dream revelation that last season’s death and events were a dream, with Pamela Ewing waking to a shock.
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Patrick Duffy
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CBS
Dallas
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Miami Vice
Arnold Becker
National Television Research
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Victoria Principal
Pamela Ewing
Bobby
Mark Graison
John Beck
Texas approves big spending cuts and tax package
The Texas House approved 582 million dollars in spending reductions and an 869.2 million dollar temporary tax plan to confront a 2.8 billion dollar deficit amid the oil slump. Washington financial officials from seven nations adjourned a two day meeting with no agreed actions on rates and trade. New York's Gimbels in Herald Square closes after 76 years, leaving Macy's as the lone flagship.
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Terrorists Foiled Plans Against Casablanca Synagogue
Officials say a Palestinian terrorist team was arrested in Washington Morocco preparing to bomb a Casablanca synagogue during the Jewish New Year next weekend. Affiliations and goals of the group are not known.
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Washington
Morocco
Casablanca
Ortega and Obando Meet Amid Church-State Tensions
Managua Nicaragua President Daniel Ortega met with Roman Catholic Archbishop Miguel Obando y Bravo for the first time in 18 months to discuss church state conflicts. Both called the session constructive and peaceful, but no major issues were resolved.
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Managua
Nicaragua
Daniel Ortega
Miguel Obando Y Bravo
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