U.S. Business: Personalities: Feb. 21, 1964

WHEN the Navy in 1960 canceled a $450 million contract for Corvus Air-to-Ground missiles, Prime Contractor James J. Ling pondered his loss for a few minutes, then said, "Well, let's get back to work." Last week Ling's Dallas-based Ling-Temco-Vought was picked to design and build a Navy light attack plane under a contract that may total $2 billion. "Well," said Chairman Ling again, "let's get back to work." Single-mindedness, along with a seasoned chess player's ability to plot moves and perceive alternatives, has brought Ling in 17 years from a young master electrician...

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