Belgium selects U S YF16 over Mirage in multi nation deal
Belgium opted to buy the American YF16 instead of the French Mirage in a NATO consortium with Denmark, the Netherlands, and Norway. The order covers 102 planes for Belgium with 14 extra dollars earmarked for a European aircraft research fund. The decision, amid political tension, aims to boost Western alliance and U S industry prospects for up to 3,000 total sales globally.
MENTIONED IN THIS ARTICLE
Brussels
Belgium
Holland
Denmark
Norway
US Air Force
General Dynamics Corp
Japan
Chile
Paris
General Dynamics Board
David F Lewis
United States
Western Alliance
Jacques Chirac
Ford
Valery Giscard d'Estaing
France
Leo Tindemans
Tindemans
Mirage
Giscard
General Dynamics
Ble
Rassemblement Wallon
Netherlands
Defense
James R. Schlesinger
Kennedy Center For
Henry A. Kissinger
Schlesinger
NATO
State Departments
Air Force
Frank Schrantz
Fort Worth Reacts to F16 Mirage F1 Victory and Big Pact
Fort Worth reacts with elation as the F16 wins the duel over the Mirage F1 securing a roughly $2 billion NATO contract for General Dynamics. The deal promises long term Fort Worth employment around 7,000 with potential payroll growth past $200 million annually and production shared across Europe and the United States.
MENTIONED IN THIS ARTICLE
Fort Worth
Tex
General Dynamics
U.S
Texas
Washington
General Dynamics Board
David F. Lewis
Paris
United States
Western Alliance
Heywood C. Clemons
Europe
State board approves five percent pay boost for 1976
The New Mexico Personnel Board approved a plan to raise state employees’ take home pay by five percent in the 1976 fiscal year by funding an extra five percent into the Public Employees Retirement Association. The state would pay the full retirement fund amount, a one year funding measure pending legislative approval. Elsewhere visitors to Elephant Butte Lake State Park over Memorial Day weekend fell by more than 6000 from 1974 levels.
MENTIONED IN THIS ARTICLE
Santa FE
State Personnel Board
Glen Gates
Public
Employes Retirement Association
Elephant Butte Lake State Park
Devaluations of dollar tied to 1970s inflation debate
Economists differ on whether the 1971 and 1973 dollar devaluations drove most US inflation, which spiked 21 percent in 1973 74. Brookings' Bergsten says dollar depreciation accounted for 25 50 of inflation, while others cite overvaluation and export effects.
MENTIONED IN THIS ARTICLE
R. Gregory Nokes
Associated Press
Washington (Ap
U.S
United States
C. Fred Bergsten
Brookings Institution
Foreign Policy Magazine
Bergsten
Also Mentioned on This Page
Roswell
N.M
Daily Record
Jet
Western
Rhode Island
Philip W. Noel
New Orleans
Louisiana
West 12Th St
New Mexico
Richard G. Bean
North Main St
Roswell, New Mexico
Mido
Dad
N. Main
George E
Jim Kuemmerle
ART Stone Co., Inc
Nixon
Nixon Administration
Sidney L. Jones
Treasury
William E. Simon
Jones
Chaves County
of Garden Clubs
Masonic Temple
Alco Discount
Brenda
Goree Auction
East McGaffey
Durham
South Main
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