Business: Opening the Throttle

The Defense Department, which has been speeding up on the letting of contracts, last week opened the throttle wider. Among the awards:

¶The Navy signed a $100 million contract to procure the F8U-3, an advanced all-weather jet fighter, from Chance Vought Aircraft Co., Dallas.

¶The Army signed a $51.8 million contract with Chrysler Corp., Detroit, covering $21.8 million in continuing procurement of the 200-mile-range Redstone missiles and $30 million for finishing the tooling up and ground support for the longer-range (1,500-mile) Jupiter missile.

¶The Atomic Energy Commission extended through September 1960 its 1953 contract with United Aircraft Corp. to work on...

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