Masters of the Air

Boeing captures the cruise missile contract and dominates world aviation

It was the biggest single Air Force contract since the Viet Nam War, and it is almost certain to be remembered as the arms deal that propelled the U.S. into the weapons-bristling decade of the 1980s. The prize was the $4 billion air-launched, cruise missile system that the U.S. is counting on to maintain a strategic edge over the Soviet Union for much of the remainder of the 20th century. The victor, not unexpectedly, was the Boeing Co. of Seattle, one of the...

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