Word: grummans
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...Navy planes had prouder records in World War II than those made by Grumman Aircraft-the Wildcat and Hellcat fighters and the Avenger torpedo bomber. After the Battle of Savo Island, James Forrestal, then Under Secretary of the Navy, declared flatly: "Grumman saved Guadalcanal." In the Battle of the Marianas, which pilots called "the turkey shoot," they downed 360 Japanese planes in a single day, the record...
...Grumman not only turned out rugged planes that, riddled with holes, brought pilots safely home, but it turned them out fast. Its production boss was brusque and burly Leon ("Jake") Swirbul. Under his prodding, the Grumman plant, amid the potato fields of Long Island, N.Y., had more the atmosphere of the front line than of a factory. It turned out more than 17,000 aircraft for the Navy, in March 1945 produced 658, a record for a single month. As executive vice president, Swirbul shared a small, unpretentious office with President Leroy ("Roy") Grumman. Working in shirtsleeves, Jake...
...Start an Engine. As captain, Quesada had been on assignment as adviser to the Argentine Air Force for close to three years when he was ordered back to the States in late 1940. On his own, he took off in an old Grumman amphibian that the U.S. Navy wanted returned to the country. Laden with five 5-gal.gas cans, a pair of pliers, a tire casing and some safety wire, Quesada chugged along having himself a fine time. He fished in the lake region of Argentina, threaded through the Andes ("with the Christ of the Andes above my head...
...M.P.H. SHIP will be built by Grumman Aircraft under $1,500,000 contract from Maritime Administration, which calls it one of the most significant advances in marine transport in 50 years. Powered by gas turbine engine, the all-aluminum, 104-ft. ship will carry 100 passengers, ride on hydrofoils that lift entire hull out of water...
...earnings will continue to nose down." Compared with their 1959 highs, all aircraft stocks are well down. General Dynamics has dropped from 66½ to 48½, Martin from 62½ to 38¼, Douglas from 59¼ to 46, North American from 52⅝ to' 37¼, Grumman from 30¼ to 24⅜. In the past fortnight, nine aircraft stocks scraped new 1959 lows. Among them: McDonnell, Bell, Temco, Northrop, United Aircraft...