Defense Study Under Way With Stress on Air Power; Senate Group Tells of Widening Inquiry in Report on Profits -- Will Seek to Compare U.S. and Soviet Strength
Sen Johnson reveals Sen Armed Services subcom probe of US defense policy, already under way, will stress output and procurement relative to USSR's air strength; reveals probe so far has concentrated on aircraft mfrs profits; subcom has not yet drawn conclusions but releases data on 21 cos' profits, '54; net was 60% of net worth before taxes, 29.4% after taxes; Johnson gives other data on probe, lr to Com chmn Russell