This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
Lockheed Faces Heavy Losses Amid AF Repair Bill
The Air Force will pay a large repair bill for grounded Lockheed CSAs, as cuts in defense spending shrink the company’s order book. Lockheed’s total losses approach $500 million after setbacks on three other contracts, with fears of bankruptcy rising after Rolls-Royce’s February receivership announcement. A Senate vote tied to war margins authorized roughly $250 million in guarantees to support the wide-body project.
MENTIONED IN THIS ARTICLE
Lockheed
Washington
UPI
Air Force
CSA
Lockheed Aircraft Corp
Defense Department
Cias
MAC
Military Airlift Command
CIA
Kolls Royce Ltd
Airbus
Senate
Vietnam
Westmoreland