McDonnell Company and Douglas Aircraft Company officially merge, forming McDonnell Douglas Corp. However, the union is more of a takeover, as McDonnell buys 1.5 million shares of Douglas stock for $68 million to complete the transaction, which had been approved by the Douglas board of directors on Jan. 13.
Trainees in Basic Military Training and technical school no longer have the option to try alternate PT drills if they fail an initial assessment, according to a policy change the Air Force made in April. The move is part of a larger shift out of the classroom and into hands-on,…