FINANCIAL
Lockheed Aircraft in Top Position in 1960 Defense Contract Awards
Washington — Lockheed Aircraft Corp. moved into the top position in net value of military prime contracts awarded by Department of Defense in Fiscal 1960, toppling Fiscal 1959’s leader, North American Aviation, Inc., to third place. Lockheed has $666 million worth of contracts, or 12% of the total net value of $5,532 million award to 500 contractors; rankings are for contracts of $10,000 or more.