March 26, 1973

Special Report: U. S. Tactical Air Goals

Navy Stresses V/STOL Development, Readies F-14 Fighter

Special Report: U. S. Tactical Air Development Goals

USAF Readies Tactical Force Decisions

Management

Mideast Power Structure Shifting

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Special Report: U. S. Tactical Air Goals

Navy Stresses V/STOL Development, Readies F-14 Fighter

Washington—Navy expects to introduce the Grumman F-14 variable-geometry fighter, with its Hughes Phoenix missile system and AWG-9 weapons control system, into the fleet within the next 18 months. At the same time, the service will continue major efforts to develop two types of vertical takeoff and landing aircraft for use during the next decade on board sea control ships.
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Special Report: U. S. Tactical Air Development Goals

USAF Readies Tactical Force Decisions

Washington—Air Force is expected to make procurement decisions within the next two years that will provide a manned tactical aircraft force structure for the coming decade. Likely in the years ahead will be a force mixture of McDonnell Douglas F-15 air-superiority fighters, Fairchild Industries A-10A close-support aircraft and lightweight fighters.

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Management

Mideast Power Structure Shifting

Balance to remain in Israel’s favor, but energy crisis in West, other new trends, changing strategic outlook

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Air Transport

ATA Opposes Joint Program on Aerosat

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Special Report: U. S. Tactical Air Goals

Army Assigns Top Priority To Helicopters and SAM-D

Washington—Development of the Advanced Armed Helicopter (AAH), the Utility Tactical Transport Aircraft System (UTTAS) and the SAM-D battlefield air defense missile system share top priority in the Army’s current air mobility and air defense development plan.

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Ski Area Carrier Gets Edge With Landing Aid

Denver—Rocky Mountain Airways recently installed Talar interim microwave landing systems at two major Colorado ski resort airports to enhance its competitive position against two larger carriers. This follows a one-year trial of the landing aid at a third airport.
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Aeronautical Engineering

Recommendations Expected Soon For Fixes to Extend C-5A Life

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personal business

The little guy’s ticket to the big-money game

The bond market is an arena where bigmoney borrowers and lenders gather, and traders play for multi-million-dollar scores in miniscule decimal points. It’s an arcane, elite sort of game where $100,000 goes a very short way—it will buy a newcomer one round-lot seat in the bleachers—and the little guy, perhaps for his own good, is usually turned away at the gate.
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Avionics

USAF Nears FleetSat Design Milestone

Global satellite communications network for use by Navy and Air Force will provide redundant channels in the UHF band

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personal business

The hand-holders: Reaching down to small potatoes

The investment advisory business is edging ajar a few more doors to squeeze in the man who has good prospects, a confident smile, faith in common stocks— and maybe $10,000 or so to place in the hands of a professional. Banks, along with independent advisory services, have started a modest new trend that reaches from Boston to San Francisco.
March 191973 April 21973