• Short Summary

    Lockheed, the largest United States defence contractor, is in financial difficulties and the shock news of the bankruptcy of Rolls Royce is adding to their troubles.

  • Description

    1.
    GV EXT. Lockheed works in Palmdale, California
    0.05

    2.
    GV C-5A aircraft landing (2 shots)
    0.19

    3.
    AIR TO AIR Tristar in flight
    0.32

    4.
    CU Rolls Royce emblem
    0.35

    5.
    CU & GV Rolls Royce engines on Tristar
    0.38

    6.
    SV & CU Engines being prepared for Tristar (2 shots)
    0.45

    7.
    LV & SV work on Tristar (2 shots)
    0.51

    8.
    TV & LV PAN Tristar (2 shots)
    0.58



    Initials SGM/2241 SGM/2251


    T/RECORDING

    Script is copyright Reuters Limited. All rights reserved

    Background: Lockheed, the largest United States defence contractor, is in financial difficulties and the shock news of the bankruptcy of Rolls Royce is adding to their troubles. The British firm was under contract to supply the engines for Lockheed's Tristar airliner.

    Lockheed recently received a massive U.S. Government hand-out to help it meet the crushing burden of the C-5A cargo jet project for the U.S. Air Force on which it lost 200 million dollars (about 83 million pounds sterling).

  • Tags

  • Data

    Film ID:
    VLVAE2MXF5L2P7GD18U6C03NZTPZK
    Media URN:
    VLVAE2MXF5L2P7GD18U6C03NZTPZK
    Group:
    Reuters - Source to be Verified
    Archive:
    Reuters
    Issue Date:
    06/02/1971
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:00:58:00
    Time in/Out:
    /
    Canister:
    N/A

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