May 14, 1956

FINANCIAL

Usaf Contracts

EQUIPMENT

Comfort in Airline Cabin Design Makes Dollar Sense

AVIONICS

Why Engineers Change Jobs: More Money, Responsibility

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FINANCIAL

Usaf Contracts

Followin g is a list of unclassified contracts for $25,000 and over as released by Air Force Contracting Offices: DAYTON AIR FORCE DEPOT, Gentile AF Station, Ohio. Raytheon Mfg. Co., Microwave & Power Tube Div., Waltham 54, Mass., tube, electron, transmitting magnetron type RK 6519/QK-254, 21 ea., (PR: 142791 & 638-553), $27,900.
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EQUIPMENT

Comfort in Airline Cabin Design Makes Dollar Sense

New York—Creating a custom interior for a modern airline transport can cost $1.5 million and involve 120,000 engineering man/hours. Airlines and airframe makers consider this cost necessary if in return they get cabins which are attractive and restful for their passengers, and cockpits in which their crews can work efficiently.

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AVIONICS

Why Engineers Change Jobs: More Money, Responsibility

These are some of fhe facts revealed by an AVIATION WEEK survey of 18 major avionics suppliers whose employes represent 25 to 40% of the avionics industry total. This was supplemented by a simultaneous survey of 200 avionics engineers selected at random from an Institute of Radio Engineers directory.

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FINANCIAL

Navy Contracts

Following is a list of unclassified contracts of $25,000 and over as released by Navy Contracting Offices: AVIATION SUPPLY OFFICE, 700 Robbins Ave., Philadelphia 11, Pa. Aluminum Co. of America, 1200 Ring Blvd., Washington, D. C., aluminum alloy, (IFB-383-579-56), various, $31,666.
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FINANCIAL

Pan American, Other Airlines Report on Executive Salaries

Washington—Reports of officers and directors of scheduled airlines have filed the following reports of salaries and compensation with the Civil Aeronautics Board: Pan American World Airways, Inc., J. T. Trippe, president and director, $20,000 salary, $2,350 directors fees; J. C. Leslie, vice president and director, $30,000 salary (up $1,000), $1,000 director’s fees (down $100) and $16,000 bonus and indirect compensation (up $1,000) ; H. J. Friendly, vice president, general counsel and director, $30,000 salary (up $1,000), $1,000 directors fees (up $100) and $16,000 bonus and indirect compensation (up $1,000) ; S. F. Pryor, vice president, assistant to the president and director, $29,500 salary (up $500), $1,650 director’s fees (down $200) and $15,000 bonus and indirect compensation; Franklin Gledhill, vice president and director, $29,000 salary, (up $1,000), $1,100 directors fee (down $100) and $15,000 bonus and indirect compensation (up $1,000) ; H. E. Gray, executive vice presidentAtlantic Division, $29,250 salary (up $1,250), $15,000 bonus and indirect compensation (up $1,000).
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FINANCIAL

Stock Transactions

Washington—Earl F. Slick, a director of Slick Airways, Inc., has acquired 47,619 shares of common stock, making a holding of 151,001 shares, reports Securities and Exchange Commission. Other transactions for the period Feb. 11 through March 10:
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Administration Hits Airpower Opponents

Stung by criticism of its defense program, administration bolsters role of Navy air, points to B-47s.

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MISSILE ENGINEERING

Next Satellite Problem: Data Descent

All the scientific knowledge from the U.S. satellites launched during the 18 month International Geophysical Year, July 1, 1957 to December 31, 1958, will be received via a radio telemetering link. At present it seems too difficult to bring a satellite back down through the atmosphere without its burning up.

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Letters

Today I received two tearsheets of your article “Inertial Guidance," which appeared in AVIATION WEEK, as well as your kind letter of March 13, 1956. I read it with great interest and was very much pleased. I wish to thank you for your thoughtfulness.
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MANAGEMENT

House Group Approves Airpower Plan

Washington—The powerful House Appropriations Committee has decided to “go along” with the administration’s air-power program despite its “concern” over the growing strategic-air capability of the USSR. In approving the USAF’s Fiscal 1957 budget requests essentially as recommended by the administration, the committee said “the Air Force has made a strong case” for the program.

May 71956 May 211956