Lockheed Production Crippled by Three Day Strike
International Association of Machinists and Aerospace Workers says the three day strike fully halted production of planes and missiles at Lockheed plants in Burbank Palmdale and Sunnyvale while Lockheed reports an 80 percent cut in output. Supervisors continue work on a jet due Friday as talks resume in Seattle with a federal mediator.
MENTIONED IN THIS ARTICLE
Lockheed Aerospace
Californa
Neil Vandercook
International Association of Machinists and Aerospace Workers
Lockheed
Burbank
Palmdale
Sunnyvale
Dave Crowther
Crowther
Boving Co
Seattle
Oil firms own large share of non-petroleum resources
A Library of Congress study for Senator Church finds oil companies hold major stakes in uranium, coal, and milling capacity. They own 41.3 percent of uranium milling and 12 percent of coal reserves, with Gulf and Berry-McGee among top holders. The report notes possible broader control through nonownership and warns reserves are finite. Oil firms also reparied the leaky check valve on the Trans Alaska pipeline incident near Fairbanks.
MENTIONED IN THIS ARTICLE
Hiagton
Library of Congress
Frank Church
Dideho
Senate
Energy Research and Development
Church
Congress
Berr-McGee
Gulf
Kere McGee
Lockheed Loses Government Loan Guarantee Early
The U S government ends its 250 million loan guarantee to Lockheed Aircraft Corp ahead of schedule as the firm shows stronger finances. Lockheed credits the move for easing public concerns while facing bribery and tax probe investigations and ongoing contract cost write offs for the L 1011 jet.
MENTIONED IN THIS ARTICLE
Washington
Lockheed Aircraft Corp
Lockheed
California
Lockhewn
Burbank
House Rejects Funds to Study B 1 Bomber Replacement
The House voted 60 to 33 against a 20 million study to replace the B 1 bomber while President Carter backed the study. The 61 million appropriation for cruise missiles was approved as part of a defense supplemental 347 to 37. B 1 supporters vow to press for reinstating funds in a future bill.
MENTIONED IN THIS ARTICLE
Washington
AAP
Carter
House
Senate
Congress
Robert K. Darnan
R-Calif
Also Mentioned on This Page
Associated Press
Alaska
Anchorage
Fairbanks
Kerr-McGow
Continental Oil
Champlin Is
Exxon
Occidental Petroleum
Gulf Oil
Mobil
Il Sun Oi
Atlantic Rield Field
Texaco
Phillins Petroleum
Alyeska Pipeline Service Co
Sears
Long Beach
Long Beach Blvd
Western States Optical, Inc
U.S
Special Loan Board
Tee
Dee. i
Treasury
Navy
XEROX
WGMB
Tories
Business Suppliers, Inc
Pine Ave
Peter Dawson
Dawson
Paris
Dublin
London
Capetown
New Zealand
Shanvityry
jOhn Wariahnes
BG Pratt Sehunley
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