Let Lockheed go broke Senate told
Washington (UPI) Gordon Rule urged the government to deny Lockheed Aircraft Corp. a 250 million loan guarantee and let the firm go broke. He accused admirals of interfering in ship contract settlements and said megacompanies seek to drain the government, vowing to bar all shipyard claims until fully supported. Rule spoke to a Senate joint economic subcommittee investigating defense profits and shipyard claims.
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West German F104 crash suits filed in San Francisco
Lockheed Aircraft Corp. faced eight damage suits on Monday from survivors of West German air force personnel killed in F104 Starfighter crashes. An additional 10 suits were expected. Attorneys said 1397 F s of the West German air force have crashed, with seven pilots killed and a maintenance man killed when thrown to the top of a hangar by a failing ejector device.
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