Magazine content is available exclusively for TIME subscribers.ARMAMENT: Cutback
ARMAMENT Cutback The Army last week announced big cutbacks in tanks and trucks under its program to concentrate defense production among primary suppliers as military stockpiles are built up. The total cuts including earlier ones will amount to about $100 million a month.
¶The Patton M48 medium tank, now being built by Chrysler, General Motors and Ford, will be built by only one of the three. Ford is already scheduled to stop production by year's end; Chrysler and G.M. will submit bids by August on the remaining M-48s to be built, with the...
To read the entire article, you must be a TIME subscriber. Already registered? Sign in below
Current print subscribers to register
Subscribe now to get TIME All Access
Email, Password or Region is incorrect
A required form parameter was missing.
The System is currently down. Please try again in a few minutes.
Email Address is invalid
Password is blank
Most Popular »
- Your Turn, Canada: A Second-By-Second Look at Jeremy Lin Lighting Up Toronto
- Love Ever After: A Valentine’s Day Special
- Linsanity Heads East, Linfects China and Taiwan
- Can Jeremy Lin End The MSG/Time Warner Cable War?
- After Whitney Houston, Musicians Say: I'm Afraid
- Move Over, Pajama Jeans: Dress-Pant Sweatpants Have Arrived
- Music: White Lies and The White Stripes
- Top 10 Famous Love Letters
- Roving the Red Planet
- Rick Santorum Wants to Fight 'The Dangers Of Contraception'
- Beirut: Where Valentine's Day Belongs to Another Kind of Saint
- Europe's Deep Freeze: Why Climate Change Is Not (Entirely) to Blame
- Under Armour's Big Step Up
- Archaeology in Jerusalem: Digging Up Trouble
- The Power of Make-Believe
- Russian Kids in America: When The Adopted Can't Adapt
- What Happens When We Die?
- How Not to Raise a Bully: The Early Roots of Empathy
- Burning Desire For Freedom
- Friends With Benefits
More News from Our Partners
Top Stories on TIME.com
Quotes of the Day »
EHUD BARAK, Israeli defense minister, accusing Iran of involvement in a series of recent blasts, including an explosion in Bangkok
