AVIATION: Austerity, but No Alarm

Like any housewife who has to live with a lower grocery budget, the Pentagon last week slowed down its buying of a few bread-and-butter items and decided to make longer, lower time payments. The budget ax in this case fell on the aircraft industry. The Navy announced that it will stretch out the procurement of three jet fighters—Chance Vought's supersonic F8U Crusader, McDonnell's F3H Demon, Douglas' A4D Skyhawk. United Aircraft Corp. reported that its work on a nuclear-plane engine would be "drastically reduced," or scrapped altogether. And the Defense Department announced...

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