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Publication: European Stars and Stripes Saturday, November 30, 1985

You are currently viewing page 34 of: European Stars and Stripes Saturday, November 30, 1985

   European Stars and Stripes (Newspaper) - November 30, 1985, Darmstadt, Hesse                                The stars and strikes saturday november 30, 1985pages \ contractors profits too High Navy says by Norman Black Washington a the Navy in a bid buttress its decision requiring contractors ten Banc or Caincr share of Plant investment expert. Study wednesday that concludes defense contractors arc earning higher profits on their military work than on their Commer Cial projects. The study performed for the Navy by private consultant and reviewed by0# counting firm of to  in ii & co., also  work have  1981 As compared to no return on sales on . Govern ment business measures about 15 to 20 percent higher 9.2 percent compared to to 8 of 7.7 percent than the return on sales in commercial business in 1984," by Byrg associates said. Fc4lm  of the corporations dynamics  Douglas and njmjp0s"cn-arly rely on . Gov bus mass for 90 percent or More of their operating profits and Grumman is very close at about 87 percent. Probably about 11 of the 22 included in the study derive 50 percent or More of their total operating profits from . Government business in 1984." Navy Secretary John f. Lehman and other lop official have referred to the study several times in recent to cussing their decisioajjilhhr3"niajor new a Majma of Gram. The change approved nov. 20, will require tors rather than the government to  build new ships planes and Ollie  Lehman has said the change win fave billions of dollars by requiring contractors to invest in their own Plant just As they do for commercial business. He has rejected Industry complaints that the policy is unfair in part by citing the new study. Lehman also has said he believes Lockheed sf/7/ seeking subcontractor bu/7d lower priced toilet seat c in officials or Lockheed  they arc still trying to find a compto a bid on building toilet scat covers for a at a Price less than Lockheed s much in Ici Zed $640 at this Point we re still looking for a supplier who can do it for leu than we can Lockheed spokesman Rich Stadler said by Telephone from the firm s Burl calif., Headquarters. It was disclosed earlier this Nat lock heed had been charging�4ror replacement toilet seat covers of Ime of the p-3 Summa Rinc  builds for the Navy. That Milf draw outraged cries from con nere the High Cost of military spare arts have been cited by Many legislators As a major reason for dwindling support of the Reagan administration s defense buildup. After the Price was criticized decided to policy Price the so bars at each and Thant i scat sub con  10 More covers. In production. _ companies to bid stall a. But he Muon was willing to provide an Overall Price a Tough some did propose bidding on parts often Gnu if Lockheed cannot find a cart firm will go ahead and make the covers Fly than Bill the Pentagon As part of the Overall Cost of the plane Stadler said. He declined to specify what the figure would be but an internal company investigation has shown that the original $640 Price was too High jul id Lanave been $544 each. Illiam Roth r-del., who revealed the original Price last Winter and was a key critic said wednesday i m shocked that Lockheed says they can t get somebody to manufacture these covers. I Don t know whether the specifications arc too Tough or what Roth said by Tele phone from his Wilmington del., Home. Our Economy is in pretty Good shape but you can t Tell me it s so Good that there Ren t a lot of Small manufacturers around who would like to do this  had checked into the matter  originally revealed and determineo1fc pc the covers could be provided for $120 each. Anglo Irish agreement approved to 47 by parliament Ira Sifain London a italia men wednes Day approved the his Toast Anglo Irish agreement designed to end to Jacc in Northern Ireland by a huge 426-Volhn Dorily. The Rev. Ian Paisley Leader , protestants in the British province resigned from the House of commons after the vote. The Vole across party lines was 473 for the agreement and 47 against. Paisley s Deputy Peter Robinson also quit and both resignations were to take effect Jan. I. Other protestant politicians were expected to do the same. The resignations will Force special Lions to fill the scats and allow the Jed Lant majority in Northern ire Lento demonstrate in disapproval if be agreement which gives the Irish re pubic predominantly roman Capri he a say in running the British pro Jurice. During tax Debaie before the vote pais Ley comi red the Accord to the 1938 Munich fire ement by which Britain and Ance handed Czechoslovakia to German dictator Adolf Hitler. In Dublin Ireland Irish prime Miniatt Garret fit Gerald lashed out before i at militant protestant leaders in Noah Rorri ire and accusing them of i Flaa Story talk bled threats of Violet thetfo Testant mobilized More  for a rally in Bel fast  against the  l4nmhfir 15 members of parliament St a resign their i in protest. The agreement signed Thatcher and Fitzgerald gives unprecedented consultative role in govern ing Northern Ireland in return for Irish recognition of Long term British sovereignty Over the province. Protestant leaders chiefly Paisley say the agreement undermines Northern ire land s centuries old Union with Britain and invites interference by a foreign Power the 95-percent Catholic Republic of Ireland. The agreement states that Northern ire Annot be United with the Republic in a majority in the North agrees. Protes Tants outnumber catholics in the North 2-1. While insisting they will not turn violent protestant leaders say they cannot restrain the violent elements among them such As the paramilitary Ulster defense association. Peter Archer the opposition labor party s Northern Ireland spokesman told the House his party supported the agreement As a modest contribution toward pacifying the province. He paid a grudging tribute to the conservative government for entering into agreement and to the Irish leadership it of courage in accepting my Gas ions which were not univer Sally popular Wutoh nationalist  conservative Lawch Freenoch Powel who opposed the agreement obied the United states pressured the two slip sign the agreement to maintain ame Nobuye of nato facilities in the province but Csc alive members called the charge rubbish hat i nun 11 in a a til Jumi fairly paid As expected the new study differs sharply from a previous analysis released by the defense department in August. That study which focused on 76 differ ent contractors used a different measure of profits and accounting procedures juju heavy considered too lenient it  defense contractors weathered the last recession in consider ably better shape than their commercial counterparts they were not earning significantly higher or unreasonable profits compared to the commercial sector. News update Indian activist paroled Falls . A in Dian activist Dennis Banks who was a fugitive for nine years after being Cove cd on charges of riot f and As Sault has been granted Par-1 balls whose parole dec. 1 and end feb. 9, convict cd after a 1973 Dian movement led riot county courthouse state by fire he was sent he sail he returned at because it concerns for he was Sefcin cd to to South data Penitentiary. Banks Voll remain it a work release program Altona a fun school on the Pine Ridge Idian race ration until he i he Tab the Board of Par ties  
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