Word: autogyro
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Dates: during 1940-1949
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Founder Alexander P. de Seversky, Russian-born flyer-designer, was tossed out by his stockholders in 1940. Cautious, businesslike W. Wallace Kellett, autogyro developer, replaced him, while war orders boomed sales tenfold. But early this year Kellett ran into a pack of production troubles (retooling, shortages, etc.). Deliveries sank to only $2,300,000 v. $6,530,000 in the final half...