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Newspaper
Lawton Constitution
Location
Lawton, Oklahoma, United States of America
Date
Jun 19, 1957
Page
4
The report states that ex king Farauk's belongings and assets abroad have been redirected to Egypt, increasing the treasury during his exile. Allies reportedly negotiated for safekeeping while exile persists, with proceeds aiding national finances.
Business Week reports missiles may claim half of air arm spending over four years as air defense costs rise and aircraft makers face a tighter market. Gen David I Baker warns production will narrow to fewer prime contractors with more in house design, electronics growth, and subcontracting cuts.
The article notes many rivals are news cemers and that existing aircraft plants suitable for missile production do not require large high-buildings. It highlights the need for air conditioning and humidity control in such facilities.
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