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Army Cheyenne Copter #224274

CBS Evening News for Thursday, Aug 10, 1972
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(Studio) Excessive costs and mechanical problems forces Army to scrap its Cheyenne helicopter program.
REPORTER: Dan Rather

(DC) [Lockheed film of helicopter shown.] It was to be a supercopter, used for air support of ground troops, which could attack tanks. Test program cost $400 million. Program killed. [Representative Otis PIKE - says development of copter has been series of disasters.] Program cancellation costs jobs of 600 Lockheed workers.
REPORTER: Bob Schieffer

(Van Nuys, California) [Lockheed official, Larry SMITH - says development of new things results in cost overruns. Says equipment now ready for production. Says new technology developed for craft can be used on other projects.]
REPORTER: Bill Walker

(DC) Army still needs advanced copters. Requests $40 million for new one.
REPORTER: Bob Schieffer

Rather, Dan;
Schieffer, Bob;
Walker, Bill

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