AVIATION: Warm-Up

The U.S. aircraft industry this week pulled out of its long dive. The Air Force promise to spend $4.4 billion on new aircraft orders (see NATIONAL AFFAIRS) set aircraftmakers furiously scurrying for the men, tools and materials to flesh out their skeleton assembly lines.

Both the Air Force and industry clamped down on specific details of orders, quantities and types of planes to be produced. The take-off signal was flashed to 200 planemakers and suppliers. The biggest orders undoubtedly were earmarked for the companies now in biggest production: Boeing, whose order backlog...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!