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November 13, 1991 | From Associated Press
McDonnell Douglas Corp. has decided to revamp its finance subsidiary rather than sell it, company officials said. McDonnell spokesman Andrew B. Wilson said the Long Beach-based subsidiary, which drew no buyers after being on the block for several months, will be refocused to concentrate on aircraft financing and commercial-equipment leasing. "We are still thinking of downsizing and selling off other assets," Wilson said.
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BUSINESS
November 13, 1991 | From Associated Press
McDonnell Douglas Corp. has decided to revamp its finance subsidiary rather than sell it, company officials said. McDonnell spokesman Andrew B. Wilson said the Long Beach-based subsidiary, which drew no buyers after being on the block for several months, will be refocused to concentrate on aircraft financing and commercial-equipment leasing. "We are still thinking of downsizing and selling off other assets," Wilson said.
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BUSINESS
March 15, 1990
McDonnell Douglas Electronics Systems Co. in Huntington Beach won a $420,000 contract from the Army to supply maintenance and repair shop equipment.
BUSINESS
June 9, 1992 | DEAN TAKAHASHI, TIMES STAFF WRITER
McDonnell Douglas Space Systems Co. said Monday that Larry P. Morata has been appointed to the company's top post in the Space Station Freedom project. Morata becomes vice president and general manager of the Space Station Division for the aerospace company. He succeeds Robert Thompson, who will become a vice president in charge of special projects at the company's Houston operation. The company, a subsidiary of McDonnell Douglas Corp. in St. Louis, has won more than $3.
NEWS
May 19, 1991 | TINA GRIEGO, TIMES STAFF WRITER
In his seventh month of unemployment, Xavier Rodriguez realized that it was not enough that he had begun crunching numbers for aerospace companies 15 years ago, when most of his rival job applicants were still learning their multiplication tables. The 43-year-old budget analyst had the schooling; he had the skills.
NEWS
January 5, 1992 | SUSAN PATERNO, SPECIAL TO THE TIMES
The Recession, a Follow-Up Report Last May, The Times looked at the worsening economy's effect on local workers. At the time, Xavier Rodriguez had lost his job at McDonnell Douglas and was selling off his baseball card collection to pay his bills. Jose Rubio, a laid-off forklift mechanic, was struggling to feed his wife and family. And longtime aerospace engineer Jack Voss discovered that for all his experience, he could not land work.
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