Martin Marietta on the Move
Article Abstract:
After a costly takeover battle in 1982 Martin Marietta Corp. emerged victorious but heavily indebted. Thomas J. Pownall is the chief executive officer (CEO) of Martin Marietta who has since turned the corporation around. The company was formerly a conglomerate without real direction. Today many of its assets have been sold off. Aerospace is responsible for two-thirds of the company's profits. Pownall is also moving the company into becoming a high-tech service company. This is a logical outgrowth from the technologies used in their aerospace division. The company is currently working on an array of different high-tech projects. Government defense contracts in aerospace projects are also profitable to the company. They are involved in several important military defense projects. The company has been rebuilt financially.
Publication Name: Barron's
Subject: Business, general
ISSN: 1077-8039
Year: 1984
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Signaling Competition
Article Abstract:
A new radio technology is threatening the markets of paging companies. The new technology has many applications, ranging from personal paging to stock market quotes. Many small companies based on this technology have been founded in 1983. The new technology uses radio station subchannels to carry specialized programming. Although this new technology is attractive because of its low cost, its broadcasting distance is limited, and it has encountered some regulatory problems.
Publication Name: Barron's
Subject: Business, general
ISSN: 1077-8039
Year: 1983
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'If This Were My Budget'
Article Abstract:
The President's fiscal 1984 budget has caused considerable controversy. Budget deficits in the hundreds of billions are expected for the next several years. Several experts are asked what, if anything, can be done to trim these deficits. William Simon and Roy Ash give differing opinions on the Republican side. Two Democrats, Bert Lance and C. Douglas Dillon, represent Democratic views.
Publication Name: Barron's
Subject: Business, general
ISSN: 1077-8039
Year: 1984
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