Lockheed bribes case sparks Senate hearing
At a Senate hearing Lockheed witness Daniel J. Haughton testified the company paid 106 million dollars in bribes and legitimate commissions over five years in Saudi Arabia to boost aircraft sales. Senators Biden and Church challenged ethics and questioned payments funneled through Adnan Khashoggi while noting the risk of misinterpretation and undisclosed recipients.
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UPT
Lockheed Aircraft Corp
Saudi Arabia
Lockheed
Lockheed Witness — Board
Daniel J. Haughton
Senate
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Frank Church
D-Idaho
Joseph Biden
Ddel
Biden
Delaware
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U.S
Mideast
Adnan Khashoggi
California Bank
Northrop Corporations
Khashoggi
Indonesia
Iran
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U S and Soviet discuss long term grain for oil plan
Washington and Moscow held a preliminary three hour talk on selling grain to the Soviet Union for up to five years in exchange for oil. A U S spokesman noted steps toward a possible long term deal while President Ford kept grain sales on pause amid labor boycott pressure.
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UPD
United States
Soviet Union
U.S
Walter J. Stoessel Jr
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Dean Hinton
Tom Novotny
St. Louis
Unit votes cuts in Ford defense bid
The House Appropriations subcommittee voted substantial cuts of about seven billion dollars from Ford's defense budget request of ninety eight billion. The reductions align with the new budget control act and aim to shift funding to other programs. The panel trimmed authorizations for some military programs ahead of appropriations.
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Washington
House
Congress
Defense dept reports big weapon costs rise sharply
The Defense Department said 40 major systems including the F14 fighter and the Trident submarine increased by 1.25 billion dollars from March to June. The F14 rose 528 million or 28 percent, partly due to Grumman’s reduced business. Overall long term weapon costs climbed from 147.8 to 149 billion dollars by June 30.
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Defense Department
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Grumman
Grummer Aircraft Corp
Bethpage
Long Island
Congress
Hearing Examines Stewardess In Cockpit In Crash Probe
UPI reports FAA and pilots union clash over whether a stewardess in the cockpit during approach influenced the June 24 Kennedy Airport crash of Eastern Airlines Flight 66. 113 of 124 aboard died in the worst US air disaster.
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New York
UPI
Federal Aviation Administration
Eastern Airlines
Kennedy Airport
National Transportation Safety Board
NTSB
FAA
Neil Eisner
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