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Company brass testifies on C5A contract at Senate probe
Washington AP The hearing, second of two, heard Lockheed Aircraft Corp officials discuss the CSA superplanes contract. Thomas R. May said the firm faces a potential loss of about 13 million on the first 58 transports with 120 more included in the 1970 budget. Officials cited funding questions and disputed costs as Sen. Byrd pressed for details on government commitment and potential cancelation.
MENTIONED IN THIS ARTICLE
Washington
Thomas R. May
Senate Armed Services
Lockheed-Mar
Isette Co
Byrd
CSA
Lockheed
Haughton
Lockheed Aircraft Corp.esti
Air Force
Robert C. Seamans Jr
Seamans
58 Committee
Lockheeds
Harry F. Byrd Jr
D-Va
Daniel J. Haughton
Lock
de- Haughton