In Partnership With

May 26, 1958

AERONAUTICAL ENGINEERING

How Sud Builds Caravelle Jet Transport

EQUIPMENT

Missile Handling Becomes Big Business

SPACE TECHNOLOGY

Scientist Compares U.s.-red Satellites

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AERONAUTICAL ENGINEERING

How Sud Builds Caravelle Jet Transport

Toulouse, France—Sud Aviation’s first production Caravelle, soon to be delivered to Air France, has been rolled out of the final assembly area here. Behind it on the line are about one dozen more, destined for both the French national carrier and Scandinavian Airlines System.

8889

EQUIPMENT

Missile Handling Becomes Big Business

New York—Ground handling and support equipment for missiles is expanding so rapidly that some ground handling systems have outstripped the missiles they support in terms of dollar expenditure and job assignment. In the past, missile handling systems were considered a necessary nuisance.
5051

SPACE TECHNOLOGY

Scientist Compares U.s.-red Satellites

On Oct. 4, 1957, diligent and ever-expanding Russian science and engineering astonished the population of the western world by placing in orbit, about the earth, the first artificial satellite. Sputnik I was the fruit of a concerted effort by Russian technical persons in what must be a vast program encompassing the military and purely scientific uses of missiles and satellites.

4243

FINANCIAL

Airlines List Executive Pay, Bonuses

Washington—Following is a list of airline executive and director salaries, bonuses and indirect compensation; expenses and stock holdings as reported by the airlines to the Civil Aeronautics Board. Domestic Trunk Airlines EASTERN' AIRLINES IXC.—E. V. Rickenbaeker, general manager and chairman, board of directors, $50,000 salary, $900 bonus and indirect compensation and 106,173 shares of common stock; T. F. Armstrong, president and director, $35,000 salary, $900 bonus and indirect compensation, 2,609 common shares directly owned and I, 040 common shares of stock in the name of others ; I’. H. Brattain, first vice president and director (retired 6/1/57), $15,416.60 salary, 7,600 bonus and indirect compensation and 19,768 shares of common stock; S. L. Shannon, senior vice president and director, $30,000 salary, $900 bonus and indirect compensation and 11,445 shares of common 'stock ; G. A. Smith, second vice president, $20,000 salary, no bonus and 416 shares of common stock ; T. E. Creighton, treasurer and director, $17,500 salary, $900 bonus and indirect compensation and 1,040 shares of common stock.
126127

Letters

Mixed up world! When an airline has to sell its airplanes to stay solvent because the pilots are on strike and at the same time airfreight lines are selling airplanes because of no business, then I believe some pilots would be glad to swap jobs.

2627

AVIONICS

Electromagnetic Warning System Studied

Proposals for ‘defensive impulse’ warning screen for anti-ICBM, bomber detection studied by ARPA.

2627

SPACE TECHNOLOGY

House Space Agency Legislation Near to President’s Nasa Plan

Washington—Legislation to create a powerful civilian space agency similar to the one proposed by President Eisenhower was reported to Congress last week by the House Committee on Astronautics and Space Exploration. Rep. John W. McCormack (D. Mass.), committee chairman, said he hoped the House would take action on the measure by this week.

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AIR TRANSPORT

Airlines Split on No-show Control Plan

American battles to have no-show plan dropped; Eastern, National, Northeast ask for continuance.

2425

MANAGEMENT

Washington Roundup

Air Force is cutting its air defense budget for Fiscal 1959 about 20% across-the-board from its Fiscal 1958 level. Among the programs taking cuts are Lockheed's airborne early warning plane, medium-range interceptor (Convair F-106) and air-to-ground missile (Boeing Bomarc).

2829

SPACE TECHNOLOGY

Four Objects Reported in Sputnik Orbit

Washington—At least four separate objects are reported to be in the Sputnik III orbit by U. S. observers. The objects are: • Instrumented satellite. • Final stage rocket engine. • Nose cone. • One and possibly more, lightweight bodies with a minimum area of several square feet.
May 191958 June 21958