Aerospace firms may need federal aid to compete
The president of the Aerospace Industries Association warned that the United States may require federal aid to stay competitive with foreign manufacturers in the multibillion-dollar aerospace market. He cited dropping contracts and funds for R&D, stressing the need for government collaboration or incentives to sustain high-tech jet development and avoid losing dominance. He outlined two paths: allied funding with foreign capital or a US government supported venture, including R&D tax incentives and loan guarantees.
MENTIONED IN THIS ARTICLE
Washington
United States
Aerospace Industries Association
Karl G. Marray
Hart
U.S
Starr
Nuclear weapons debate blocks B1 bomber role
Air Force General Douglas T. Nelson defended the B1 bomber as essential to the US triad alongside missiles and bombers. He warned missiles alone are inflexible and warned against relying on missiles while under warning, noting the B1 would help prevent a dangerous triad imbalance by 1980 to 1990. Plans cited include three B1s funded, first flight by 1974, production decision around 1975, and first aircraft early fiscal 1978 with a target of 241 planes at about 11.1 billion dollars total.
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Orlando
Fla. 1
Air Force
Douglas T. Nelson
Air Force Association
Nelson
Congress
Strategic Air Command
United States
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