November 11, 1963

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MANAGEMENT

Lockheed Chairman Says Industry Has Problems But Remains Sound

New York investment circles are quizzically eyeing the health of the aerospace industry. Facing this climate in a recent appearance before the New York Society of Security Analysts, Courtlandt S. Gross, chairman of the board of Lockheed Aircraft Corp., recently evaluated the pros and cons of the industry’s outlook.

AVIONICS

Tsq-47 Traffic System Undergoes Test

Ft. Devens, Mass.—Complete terminal area navigation, traffic control, instrument landing and communication facilities, which can be transported in three C-130s and placed in operation within a matter of several hours to convert an undeveloped landing strip into a high-capacity military airfield, are now undergoing initial flight tests here by the Air Force.

By Philip J. Klass10 min

AVIONICS

Af Research Aircraft Zero in on Tracking System Noise

Bedford, Mass.—Air Force Cambridge Research Laboratories' instrumented aircraft, making refractive index measurements above Cape Canaveral, have zeroed in on what appears to be the cause of the range-rate noise in the radio interferometer system used to track missiles and spacecraft.

By Michael L. Yaffee9 min

AIR TRANSPORT

Big Lift Completed Without Major Hitch

Chateauroux Air Base, France—Operation Big Lift, involving a total of 205 Military Air Transport Service turbine and piston-engine aircraft plus three Tactical Air Command fighter squadrons and support planes in the largest coordinated, long-range U.S. airborne exercise attempted thus far, was ticked off in 63 hr. 5 min. without a major maintenance hitch.

By Cecil Brownlow9 min

SPACE TECHNOLOGY

X-12 Engine Series to Follow X-8 Tests

Canoga Park, Calif.—Next engine in an Air Force-sponsored test program at North American Aviation’s Rocketdyne Div. will be designated the X-12 and will involve a high-pressure toroidal thrust chamber configuration. Rocketdyne has just completed test firings of its X-8 engine, the fourth nonflying experimental model developed for USAF’s Ballistic Systems Div. for investigating advanced propulsion concepts.

By C. M. Plattner7 min

AIR TRANSPORT

Airline Use of Inertial Navigation Seen

Washington—Results of a five-month flight evaluation of an inertial navigation system aboard a Pan American DC-8 indicates that inertial systems may find use in long-haul airline operations, but probably not in the very near future, according to a Federal Aviation Agency spokesman.

By Philip J. Klass6 min

AVIONICS

Aerospace Companies Report on Salaries

Washington—Following is a list of aerospace industry directors and officers with 1962 salaries above $30,000, and their stockholdings, as they were reported to the Securities and Exchange Commission: AMERICAN MACHINE & FOUNDRY CO.-NEW JERSEY—R. M. Brumfield, director (elected October, 1962), president of Potter & Brumfield Div., $35,581 salary, 137,187 shares of common stock, $14,400 4¼% debentures; C. L. Burgess, president (from Jan. 1 to Aug. 10, 1962), chairman of the board and chief executive officer (as of Aug. 10, 1962), $100,300 salary, 5,600 shares of common stock, $20,500 4¼% debentures; O. S. Cox, director (elected 1962), 200 shares of common stock; F. P. Downey, vice president (from Jan. 1 to Aug. 10, 1962), executive vice president (as of Aug. 10, 1962), director, $88,175 salary, 27,800 shares of common stock, $69,600 4¼% debentures; R. C. Gott, executive vice president (from Jan. 1 to Aug. 10, 1962), president (as of Aug. 10, 1962), director, $93,700 salary, 19,904 shares of common stock, $63,600 4¼% debentures; G. S. Hastings, vice president in charge of patents, director, $45,050 salary, 5,021 shares of common stock, $4,200 4¼% debentures; G. S. Hills, general counsel, director, $26,128 salary, 10,308 shares of common stock; D. S. Meiklejohn, financial vice president and treasurer, director, $73,485 salary, 10,126 shares of common stock; S. J. Osborne, director, 834 shares of common stock; H. P. Patterson, director, 24,100 shares of common stock, trustee and residuary beneficiary of a trust holding 61,064 shares of common stock, 2,169 shares of common stock held

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November 11, 1963

November 11, 1963