CBS Evening News for Friday, Feb 13, 1976
View other clips in this broadcast →
Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws.
(Studio) 2 top Lockheed execs. resign.
REPORTER: Walter Cronkite
(Burbank, California) Lockheed board of dirs. meets. Chairperson Dan. Haughton and vice-chairperson, A. Carl Kotchian, have admitted millions spent on foreign representatives to influence sale of planes. Japan received $12 million. Over 5 years, $10 million paid to other cntrys. for contracts. [New Lockheed chairperson Robert HAACK - cites reasons for Haughton and Kotchian resignations. Company will survive.] Haack is member Lockheed board and ex-pres. of New York stock exchange. Lockheed has problems with image and paying back government loans.
REPORTER: Terry Drinkwater
Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.
Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:
If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.