September 25, 1993 |
McDonnell Douglas Corp., anxious to secure part of Saudi Arabia's anticipated multibillion-dollar purchase of passenger jets, is offering to accept crude oil rather than cash for payment on McDonnell planes, a senior company executive said Friday. Robert H. Hood Jr., president of the company's Douglas Aircraft Co. subsidiary, which builds commercial jets in Long Beach, said the barter offer is among several financing alternatives in McDonnell's proposal to the Saudis.
March 29, 1989 |
Douglas Aircraft has notified its commercial aircraft customers that delivery delays, which have plagued the McDonnell Douglas subsidiary for the past year, are expected to grow somewhat worse during 1989. The firm announced Tuesday that because of a record backlog of orders, problems with rapid employment growth and various management changes, deliveries of some MD-80 jetliners from its Long Beach complex will be delayed about five to 30 days this year. Robert H. Hood Jr.
November 1, 1988 |
McDonnell Douglas said Monday that it will split up its astronautics company, which includes its 8,200-employee facility in Huntington Beach, into three separate units effective Dec. 1. Company officials said the move is intended to streamline the operations of the St. Louis-based astronautics division and better focus activities of its three primary businesses--space systems, missile systems and defense electronics.
October 5, 2000 |
The Supreme Court took up an unusual drug testing case Wednesday that pits the privacy rights of pregnant women against the government's power to protect unborn children from danger. Amid the "crack baby" crisis of the 1980s, a public hospital in Charleston, S.C., began working with police and prosecutors there to punish women who were using cocaine. Some were arrested and taken to jail just after giving birth.
April 22, 1989 |
McDonnell Douglas posted a $10-million first-quarter loss Friday, the result of a stunning $66-million loss at its Douglas Aircraft operation in Long Beach. Douglas took a $31-million charge on the Navy T-45 trainer aircraft program, a development under a fixed-price contract. The project has encountered problems that the company will have to solve at its own expense. The balance of the losses at Douglas, $35 million, apparently occurred on its commercial aircraft business.
February 29, 2000 |
Again testing the frontiers in the war on drugs, the Supreme Court agreed Monday to decide whether public hospitals and police can work together to arrest pregnant women who have used cocaine. South Carolina is the only state that charges mothers with child abuse if their babies are born with traces of illegal drugs in their blood. To enforce the policy, nurses and doctors at a public hospital in Charleston, S.C.