May 8, 1961

BUSINESS FLYING

Aero Commander Building Executive Jet

FINANCIAL

New Avionic Offerings Spur Investments

MANAGEMENT

Mutual Aid Program Spurs U.S. Industry

9293
BUSINESS FLYING

Aero Commander Building Executive Jet

Oklahoma City, Okla.—Parts are being cut here by Aero Commander, Inc., for a new four-to-six passenger twin-jet business plane scheduled to make its first flight in April, 1962. The company is concurrently planning a production schedule which calls for initial deliveries of certificated Model 1121 Jet Commanders from the factory in the summer or in the fall of 1963.

114115
FINANCIAL

New Avionic Offerings Spur Investments

(Investors in the last two years have shown great willingness to pay high prices for common stocks of relatively young companies in the avionics field on the assumption their future profits would justify high price-earning ratios now.
118119
MANAGEMENT

Mutual Aid Program Spurs U.S. Industry

2021
EDITORIAL

Mr. McNamara s Misinformation On Aircraft Nuclear Propulsion

It is difficult to make sound decisions on the basis of bad information. Therefore, it is not surprising that Defense Secretary Robert McNamara has made a monumentally unsound decision in wiping out the Aircraft Nuclear Propulsion program, because it was based on inaccurate and obsolete information spiced by a dash of deliberate distortion.

108109
BUSINESS FLYING

Skywagon Designed for Multiple Missions

Aviation Week Pilot Report:

4243
AIR TRANSPORT

Yugoslavian Carrier to Introduce Jet Service by 1963

Belgrade—JAT, Jugoslavenski Aerotransport, the national Yugoslav airline, plans to introduce its first jet sendees by 1963. No decision has been reached as to the type aircraft to be chosen or the one best suited to fit the small carrier’s needs and pocketbook, but, with Belgrade’s new airport capable of accommodating modern turbojet equipment scheduled for completion by the end of this or the beginning of next year, the question should be settled within the near future.

5859
SPACE TECHNOLOGY

NASA Plans Offshore Saturn C-2 Firings

Los Angeles—Huge launch facilities off the Florida coast to accommodate advanced versions of the Saturn space vehicle are being planned by NASA’s Marshall Space Flight Center in anticipation of saturation conditions at the Atlantic Missile Range’s Cape Canaveral launch site.

7677
AVIONICS

Lightweight Pilot Distress Beacons Tested

Los Angeles—Two different concepts of equipping a pilot with a lightweight, relatively long-life distress beacon which can be attached to or placed inside a pocket of his flight suit have been tested separately in recent experiments conducted by their respective developers.

2829
SPACE TECHNOLOGY

Weather Hampers Manned Mercury Test

3435
SPACE TECHNOLOGY

Joint Satellite System Gaining Support

May 11961 May 151961