CBS Evening News for Saturday, Nov 07, 1992
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(Studio: Bob Schieffer) The problems to be faced by defense contractors during the new administration of President-elect Bill Clinton examined; details given of the failure of diversification as the defense budget tightened, the need for options for aerospace workers and for a plan for the next decade's defense posture. [Election night, CLINTON - calls for the conversion of the economy from defense to domestic economic giant.] [Defense budget expert Gordon ADAMS, Grumman Corporation chairman Renso CAPORALI, Brookings Institution Lawrence KORB, Aerospace Industries Association Don FUQUA - comment on the changes in the industry.] Importance of defense sales to General Dynamics, McDonnell Douglas, Martin Marietta and Northrop outlined on screen.
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