Aerospace leaders seek more government role to survive
Four industry captains at a Society of Automotive Engineers meeting in Los Angeles urged greater government involvement in commercial ventures. Daniel Vaughton of Lockheed, T A Wilson of Liveing, Jackson McGowan of Douglas, and Charles Tillinghast Jr of Transpart argued that cooperation with government could stabilize the sector, reduce costly competition, and preserve U S aerospace leadership amid shifting trade balances and funding challenges.