Headline News
Lockheed Backlog Passes $1 Billion
Lockheed Aircraft Corp., Burbank, Calif., now has a backlog of over one and one-quarter billion dollars. According to an interim report issued by the corporation, unfilled orders and letters of intent total $1,245,600,000. During the first half of this year, President Robert E. Gross revealed, Lockheed’s sales came to $98,054,000, compared with $84,479,117 for the same period last year.