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How business, doctors and journalists prey on your food anxieties I

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TRW Today<br />

In 1994, 7RW's sales <str<strong>on</strong>g>and</str<strong>on</strong>g> wrninus reached record<br />

Ievels. Return <strong>on</strong> assets employed was the highest<br />

Fr<strong>on</strong>l aul<strong>on</strong>tobile safety to a network of data relay<br />

satellites, TRW is translating technology leadership<br />

"There is<br />

value in<br />

inventi<strong>on</strong> .<br />

TRW's history<br />

proves that<br />

the smart<br />

investor's<br />

best friend<br />

is a smart<br />

inventor."<br />

Prrer 5 .lldlman.<br />

Freidrm <str<strong>on</strong>g>and</str<strong>on</strong>g> Chie)<br />

operarinR o11i rrr<br />

in a decade, Total debt decllned by 20 percenl .<br />

I believe we am well positi<strong>on</strong>ed to c<strong>on</strong>tlnue gowutg<br />

faster Ihan the markets we serve .<br />

TRW's success is built <strong>on</strong> its ability to invent<br />

technologies that create high-growth <str<strong>on</strong>g>business</str<strong>on</strong>g><br />

opportunities . In the 1984 for example.TRW<br />

automotive <str<strong>on</strong>g>and</str<strong>on</strong>g> aerospace engineers developed a<br />

superior aummobile satety system . The company<br />

into marketleadershlp. AndTRW inventi<strong>on</strong>defivers<br />

a growing return <strong>on</strong> investment .<br />

A COMPANY OF FtRSTs<br />

~ Firsriwopieceautomohilcengincnlve .l'Mlt<br />

. Fiat Siltrnmes9rcmllengmerxlve f921;huihcngiuc<br />

vslves for l.indhergh's uansennnlic AighL 19'27.<br />

~ Firstbull-jointsuspeu5<strong>on</strong>syslrni .1953 .<br />

Fiat enmpmq m builn a spacen'sB, Pioveer I, 1958 .<br />

, F6stmnuolod khms,ttl¢tcngine,Apollolunsiiankr,19h9.<br />

~ FirsillS .ealGlilesysremforslaregicdefense,197p_<br />

. F/rn to Inavduce a oxti<strong>on</strong>wide cnmpulenwl aedit<br />

rcpmtingsysmm,1971 .<br />

Invested a billi<strong>on</strong> dollars in iLv,' aU bag capabifities . I pyryt Innsuioemm seet life nn uNcr pfanels, Pnq .<br />

Now,'fRW,wilhitsworldwidesubsidiaries,is 'Ftrnmre, ;llsocosnoan .ax°rysa'l6ms,19y7"1979 .<br />

~ Firstspecmallrolenveommisrsys¢m,Pi<strong>on</strong>ecr10,19g3 . ~<br />

the global leader in air bag systems . We expect I Fiat r„uy tanrninnal vety thigh apom tncegam lla<br />

circuil chip . 1983.<br />

eScCllent returns to co0tinue well into the next ~ Firsteoai bel[ prttmisiPUny<br />

1<br />

vRe, t987 .<br />

Fiat °igvala{uipnmanauo-mwtivekeykssenvyrywan,1988 .<br />

centruyforfr<strong>on</strong>t<str<strong>on</strong>g>and</str<strong>on</strong>g>sideairbags,smarttCstraint5, I<br />

' Fi2tcampleRfromalnir ba gnndsemorsyeam, 1989 .<br />

stecringsystems,enginevnjves,<str<strong>on</strong>g>and</str<strong>on</strong>g>autOmotive<br />

. We are also putruig our aerospace<br />

; FirstamioNymmplimen4iywnsamercreduan<strong>on</strong>,1992, i<br />

I FyrstemnmwiwiansleylomlrothLaw sateWlesy9em,199'3, 'electr<strong>on</strong>ics<br />

skillstowork<strong>on</strong>dozensofn<strong>on</strong>defense,natiolal Autaininfive .Aerwparx .Inf<strong>on</strong>neti<strong>on</strong>.lnnovlatinn.<br />

priority projects.<br />

Thereistialuchtinventi<strong>on</strong>.TRW'shistaryprores ~ ∎~ s<br />

Ihat the smart investor's best fiierld is ayrizrt irtventol: , 7~~/<br />

Fmu7RW AnnualRep<strong>on</strong>, wri,e iRW fnr., Depr . L, 19W1 Richm<strong>on</strong>d Rd ., Clrrdund .Ohiu J>l2ld]G0_<br />

cnwi. . as sax .i erhn .a .,nm unin<<br />

http://legacy.library.ucsf.edu/tid/agf97d00/pdf

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