ROCKET ENGINE of 1.5 million Ibs. thrust, enough to send big payload to the moon, will be built by North American Aviation's Rocketdyne Division. Under new Army contract, company will put together a cluster of eight engines, using Thor and Jupiter components. Engine will be ready for tests by late 1959. Rocketdyne also won recent Air Force contract for 1,000,000-lb.-thrust engine (TIME, Aug. 11).
AIR-MISSILE MERGER is set for Northrop Aircraft (sales: $255 million) and American Bosch Arma (sales: $134 million). Deal would link Northrop's production of entire planes (T38 trainer) and missiles...
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