The Coming Defense Bonanza

The Pentagon goes shopping for ships, planes, missiles and more

A the Bath Iron Works in Bath, Me., officials anxiously await the Government contract order for more new $200 million guided-missile frigates. At Litton Industries in Beverly Hills, executives are putting final plans together for a $64 million expansion to accommodate expected new Pentagon business. A few miles away in Hawthorne, Calif., the Northrop Corp. is preparing to quadruple production of the Navy's F/A-18 fighter plane to two per month.

These are some of the increasingly frequent signs of the growing boom in America's...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!