Word: curtisses
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Most of the other major planemakers got from $40 million to $70 million apiece. Lockheed will build 585 more F80 Shooting Stars and trainers, plus 82 Navy patrol planes; Republic another 409 F-84 Thunderjets; Curtiss-Wright 88 F87 multiple-jet fighters and reconnaissance planes. Despite the crash of a Flying Wing model last fortnight, Northrop got an order for 30 Wings. Douglas and Grumman walked off with the lion's share of the Navy orders, around $50 million apiece for fighters and attack planes...
Last week at Caldwell, N.J., Curtiss-Wright and Pan American Airways demonstrated an elaborate training device, the biggest and best of its kind, which can simulate both "disaster conditions" and routine flights. It has no wings; it cannot fly or even move. But crewmen shut in its cockpit (a copy of the cockpit in Pan Am's new Boeing Clippers) experience nearly all the horrors that can overtake a pilot. They are at the mercy of an unseen instructor who can "simulate" violent weather and faithless machinery...
Many of the other plane companies and airlines were worse off than Douglas in 1947. But their shares went up anyway. Curtiss-Wright and American Airlines hit new highs for the year. One profit-making exception was Grumman Aircraft Engineering Corp. which earned $2.2 million last year. Its shares went up to 41½, eleven points above the year...
...Reader Hatch (author of Glenn Curtiss; Pioneer oj Naval Aviation) has the right idea but the wrong place. On the Wrights' first flight at Kitty Hawk in 1903, their plane rested on a car which ran on a monorail. After a 35-to 40-ft. run, the plane lifted from the rail, and in Orville Wright's own account "climbed a few feet, stalled, then settled to the ground. My stopwatch showed that the machine had been in the air just 3½ seconds." It was not until nearly a year later, on a cow pasture near Dayton...
...week Forbes published the results. The two Charles E. Wilsons (no kin) who boss General Motors Corp. and General Electric Co. flunked the test, along with six other corporation presidents.* They did not answer Benson. But the rest all passed handsomely. Benson even got two to agree with him. Curtiss-Wright Corp.'s Guy W. Vaughan and Sinclair Oil Corp.'s Harry F. Sinclair reported that they had already cut their salaries. Republic Steel Corp.'s Charles M. White, who makes $200,000 a year, made no such concession. Said he: "I have no intention of suggesting...