{"id":99845,"date":"2014-01-11T17:40:24","date_gmt":"2014-01-11T22:40:24","guid":{"rendered":"http:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/uncategorized\/thomas-v-jones-northrop-ceo-dies-at-93.php"},"modified":"2014-01-11T17:40:24","modified_gmt":"2014-01-11T22:40:24","slug":"thomas-v-jones-northrop-ceo-dies-at-93","status":"publish","type":"post","link":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/aerospace\/thomas-v-jones-northrop-ceo-dies-at-93.php","title":{"rendered":"Thomas V. Jones, Northrop CEO, dies at 93"},"content":{"rendered":"<p><p>    When Thomas V. Jones took control of Northrop in 1960, it was a    secondary aerospace company whose future was uncertain, but the    gambles Mr. Jones made over the next 30 years swept the company    to the top ranks of the defense industry during the Cold War.  <\/p>\n<p>    He came from an era when the chiefs of U.S. aerospace companies    laid huge bets on future projects, and over a three-decade    tenure as Northrops chief executive, he made some of the    biggest of any company, winning big and losing big.  <\/p>\n<p>    Early in his career, he championed the modest T-38 trainer jet    and transformed it into a low-cost fighter that Northrop    exported to U.S. allies. It became the Volkswagen Beetle of jet    fighters, with 3,789 of them used by countries far and wide,    from Norway to Turkey and from Chile to Sudan. Early jets cost    only $750,000, and their simplicity made them the weapon of    choice for nations that wanted an air force but could not    afford front-line weapons.  <\/p>\n<p>    In the process, Mr. Jones hobnobbed with European royalty,    befriended the shah of Iran and was close to air force chiefs    in nations including West Germany and Argentina. On many    weekends, he hosted elaborate parties with a long list of    foreign dignitaries at his mansion in Bel Air, Calif. He    courted the politically powerful, including President Ronald    Reagan and the influential widow of Chiang Kai-shek, the    Chinese general who lost the civil war against the communists.  <\/p>\n<p>    After stepping down as chief executive of Northrop Grumman in    1990, he became a respected maker of fine wines from his    vineyard on his 16-acre Los Angeles estate. Mr. Jones died    there Jan. 7 of pulmonary fibrosis, said his son, Peter. He was    93.  <\/p>\n<p>    Thomas Jones somehow survived an astonishing succession of    personal controversies that accompanied his long tenure.  <\/p>\n<p>    There was his felony conviction for illegal campaign    contributions to President Richard M. Nixon, a securities    consent decree that stemmed from allegations that he paid    foreign bribes to sell jet fighters and even a censure from his    own board of directors for concocting an unusual hotel    investment in South Korea that backfired into a political    scandal.  <\/p>\n<p>    When he stepped down in 1990, the company was under a federal    indictment alleging the false testing of a nuclear armed cruise    missile.  <\/p>\n<p>    In an era when the Defense Department increasingly controlled    its suppliers and their products, Mr. Jones attempted to    exercise the vision of earlier aerospace pioneers, who would    develop their own technology and then try to interest the    military in it.  <\/p>\n<p>    Northrop invested heavily in exotic guidance systems,    pioneering the concept of a gyroscopic ball that could float    inside a fluid-filled sphere.  <\/p>\n<p><!-- Auto Generated --><\/p>\n<p>More here:<\/p>\n<p><a target=\"_blank\" href=\"http:\/\/feeds.washingtonpost.com\/c\/34656\/f\/636543\/s\/35b6d8be\/sc\/24\/l\/0L0Swashingtonpost0N0Cbusiness0Cthomas0Ev0Ejones0Enorthrop0Eceo0Edies0Eat0E930C20A140C0A10C0A90Cfdfd7aa80E79690E11e30Eaf7f0E13bf0Ae9965f60Istory0Bhtml0Dwprss0Frss0Ibusiness\/story01.htm\" title=\"Thomas V. Jones, Northrop CEO, dies at 93\">Thomas V. Jones, Northrop CEO, dies at 93<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> When Thomas V. Jones took control of Northrop in 1960, it was a secondary aerospace company whose future was uncertain, but the gambles Mr.  <a href=\"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/aerospace\/thomas-v-jones-northrop-ceo-dies-at-93.php\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"limit_modified_date":"","last_modified_date":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[19],"tags":[],"class_list":["post-99845","post","type-post","status-publish","format-standard","hentry","category-aerospace"],"modified_by":null,"_links":{"self":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/99845"}],"collection":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/comments?post=99845"}],"version-history":[{"count":0,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/99845\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/media?parent=99845"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/categories?post=99845"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/tags?post=99845"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}