Management
Vought Sees Missiles as Area of Growth
Dallas—Vought Corp. is accelerating its efforts toward becoming a major prime contractor in the rapidly expanding missiles market as the keystone in its corporate strategy for survival and growth in the coming decade. Robert L. Kirk, president and chief executive officer, told AVIATION WEEK & SPACE TECHNOLOGY that his goal is for Vought to become a $1-billion company in annual sales by 1985, about double its present volume. He sees missiles, particularly tactical, as having the fastest growth potential toward achieving that goal.
By Erwin J. Bulban