Economizers Worry Over Navy Vessel Construction Deal
UPI reporting Sen William Proxmire warns the 1.3 billion contract for a large amphibious attack vessel may let Litton Industries build with minimal investment. A new Pascagoula yard financed by Mississippi industrial bonds would be owned by the state and leased to Litton. Navy says terms are needed due to lack of existing facilities.
MENTIONED IN THIS ARTICLE
Washington
UPI
William Proxmire
Dwis
Senate House
Litton Industries
Otd
Mississippi
Litton
United States
House Panel Probing GI Censorship Charge
Washington officials report a House subcommittee began probing claims that Army broadcaster newsrooms censored Viet Nam coverage in apparent violation of a McNamara directive. Rep. Moss plans a public hearing during his South Viet Nam visit, following a service member’s charge of censorship and suspension after airing concerns about black market stories and newspaper closings.
MENTIONED IN THIS ARTICLE
Washington
UPI
House
U.S
Vietnam
Defense
Robert 5. McNamara
John FE. Moss
Dcalif
South Vietnam
Moss
Government Information and
Lawrence
Saigon
sJlegation
Army
Proximire criticizes cost structure in multi ship contract
Proximire argues the 100 percent cost reimbursement clause in the large scale amphibious ship and CSA cargo plane contracts creates interest free working capital for contractors. Mississippi, led by Sen John Stennis, owns the amphibious ship plant whereas the CSA plant is government owned.
MENTIONED IN THIS ARTICLE
Mississippi
John Stennis
Senate Armed Services Committee
CSA
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