Word: amphibian
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...makers have been content to leave the small plane market alone, so far. But not Republic Aviation Corp. It already has a foot in the door, and as soon as it winds up production of its Thunderbolt, it plans to set up an assembly line for its four-place amphibian, the Seabee. Republic said that it already has orders for 3,500 on hand, hopes to turn out 5,000 in the next year...
...brisk business even in 1930. The partners bought one plane which had dived into a lake until only its tail was visible, for $450. They fixed it up and sold it for $20,000. They also made aluminum trailers, and finally landed their first Navy contract for two amphibian floats...
Carriage Trade. But Grumman could not live on Navy orders alone. He began to build de luxe amphibians for sportsmen and corporations to hustle bigwigs around the country.* By 1937, Grumman Aircraft Engineering Corp. had so much business on the books it almost went broke. The company had run out of working capital, and owed the banks $450,000 (mainly because it had lost $100,000 on an amphibian-plane contract). To raise cash, Grumman got ready to float his first public stock issue. Then the market crashed. Wall Street's famed Bernard E. ("Sell 'em Ben") Smith...
...Among famed amphibian owners were : Lord Beaverbrook, who had two ; the Chicago Tribune's Colonel Robert McCormick, who brought his plane in for repair, smashed it so badly on landing he had to buy a new one; Motorboat Racer Gar Wood...
Short-Order Duck. Such are U.S. scientists' short-order wonders, often telescoping into a few months developments which would normally take five years of research from idea to finished product. Perhaps the best example of how Dr. Bush's group works was its famed amphibian truck, the "Duck." The problem: to produce a 2½-ton truck (based on an amphibian jeep previously designed by OSRD) which could run on land and water and do heavy duty in beachhead operations. It was a job at which many had failed; most attempts had simply placed an ordinary truck...