Figuratively as well as literally, bomb making is a boom-and-bust business. Last year it was bust for Norris Industries of Vernon, Calif., one of the biggest and busiest U.S. makers of casings and other metal hardware for bombs, mortar shells and artillery projectiles. The reduction of the American war effort in Viet Nam cut Norris' military sales by more than a third, though they still accounted for 28% of the company's total revenues of $272 million. Now the boom seems likely to resume with the intensification of U.S. bombing in Southeast Asia. In the first nine months of the...
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