TIME Magazine content is available exclusively for TIME subscribers.

Current subscribers for full access. Not a TIME subscriber? .

Business: Lockheed's Rough Ride with Rolls-Royce

LOCKHEED Aircraft Corp., a pioneer in plane building and long the biggest U.S. defense contractor, has gained fame through its Constellation and Electra aircraft, its Polaris and Poseidon missiles, its U-2 spy plane. Rolls-Royce Ltd. has become one of Britain's brightest industrial ornaments by making the most luxurious cars in the world, as well as engines for the Concorde supersonic jet, nearly every plane in the Royal Air Force, and rocket and diesel motors for road, rail and water transport in more than 100 countries. Last week those two storied giants threatened to...

Time.com on Digg

POWERED BY digg

For use in rail of Articles page or Section Fronts pages. Duplicate and change name as necesssary to distinguish.