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(Studio) Indictment of General Dynamics for defrauding government defense contracts reported.
REPORTER: Peter Jennings
(DC) Grand jury's indictment, which incls. several present and former General Dynamics execs. such as current NASA (National Aeronautics and Space Administration) director James Beggs, examined; chgs. said stemming from company's sergeant York gun. Details and General Dynamics' statement outlined on screen. [US attorney Robert BONNER - claims company and its officers conspired to cheat government] Beggs' written statement quoted. [REP. - calls for Beggs' resignation.]
REPORTER: Barry Serafin
(DC) Weapons produced by General Dynamics and company's role in government defense contracts reviewed; its legal problems related to former executive Takis Veliotis' allegations discussed. General Dynamics' extensive gifts for Admiral Hyman Rickover, then head of Navy's nuclear submarine program, recalled.
REPORTER: John McWethy
- Jennings, Peter;
- McWethy, John;
- Serafin, Barry
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