Jubilee Special: 60 Years of Aerospace and Defense   LONDON --
Sixty years ago, in 1952, the young Princess Elizabeth famously
returned to England from Kenya, flying on board a Canadair
Argonaut piloted by Captain Ronald Ballantine.  The aircraft was
operated by British Overseas Airways Corp. (BOAC), which merged
with British European Airways in 1974 to become British Airways
-- which, of course, following the merger with Spain's Iberia in
2010, duly became the International Airlines Group.  Propeller-
driven, and powered by four Rolls-Royce (LSE: RR.L  ) Merlin
engines, the Argonaut was a derivative of the Douglas DC-4,
itself a development of the hugely successful wartime Douglas
DC-3, more popularly known as the Dakota.  And in a curious way,
that flight home in 1952 would epitomize much of what
subsequently happened in the FTSE's aerospace and defense sector
over the coming 60 years.  In short, some names then redolent
with promise would come to see that promise fulfilled. Others,
equally promising, would