High-Tech Bombers Highlight Libyan Raid Tactics
U S Air Force and Navy bombers conducted a Libyan strike using advanced Pave Tack infrared targeting and TRAM sensors. The mission demonstrated enhanced precision and survivability, with five targets hit and only one aircraft lost, though some damage in civilian areas occurred.
MENTIONED IN THIS ARTICLE
Washington
U.S. Air Force
Navy
Pentagon
Robert Sims
Defense Department
Libya
Sims
Air Force
Aardvark
Ford Aerospace & Communications Corp
Hughes Aircraft
Reagan to destroy subs to stay within SALT II limits
President Reagan will order the destruction of two Poseidon submarines to keep the United States within the 1979 SALT II caps while allowing a new Trident with 24 missiles to begin sea trials next month. Decisions are tentative pending allied consultation and Congress input. The Trident could push total missiles over the treaty ceiling if older missiles are not removed.
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Washington
Reagan
U.S
United States
Soviet Union
Congress
Moscow
National Security Council
Asia
Europe
Carter
Leonid Brezhnev
Vienna
Defense
Caspar Weinberger
Interest Markup On Credit Cards Hefty
Washington AP reports lawmakers criticize credit card interest marks as banks charge over 100 percent profit over funds. Rep. Schumer cites 19.37 percent average rates with some institutions under 18 percent. He urges disclosure rules and notes five banks offer low rates while margins sprawl.
MENTIONED IN THIS ARTICLE
Washington
Charles Schumer
D-N.y
Schumer
Kirk Willison
American Bankers Association
Willison
Federal Reserve Board
Nilson
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