Word: stearman
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Flying over a new airdrome near Alabama's famed Tuskegee Institute this week, U.S. Army Air Forces pilots looked down on something new in the world. The air field, still abuilding, looked like many another new Army training center. Four Stearman trainers buzzed on and off in an interminable series of landings and takeoffs, and cadets waited on the flying line for their turns...
...smart young men who prowled around among the aviation industry's crack-ups in 1932, looking for a wreck to repair and fly, was Harvardman Robert Ellsworth Gross. After a venture in 1928 with Stearman Aircraft Corp. (which he sold to United Aircraft and Transport Corp. within a year after he bought it) and another with Viking Aircraft, which had a not-so-happy ending in the 1929 crash, he had plenty of ambition but little money in his pocket when he learned that Lockheed was for sale...
...which he raised among friends and business associates) Gross bought Lockheed, had the grass cut, put the watchman back on pay and went to work. From Stearman he hired brilliant, witty M. I. T.man Hall L. Hibbard to head his engineering department. In charge of sales he put smart Carl B. Squier, who had sold Lockheeds for the old company in every corner of the earth...
...North American Aviation, to Boeing's Stearman division, to Aviation Manufacturing Corp.'s Vultee division: $7,707,000 for training planes...
...tailspin was not yet over. Following the 247-D came the slick Douglas DC-1, 2 and 3 which immediately became the darlings of most major U. S. airlines. Even United "went Douglas" eventually. But undaunted Claire Egtvedt kept plugging at the military contracts Boeing and its Kansas subsidiary, Stearman Aircraft Co., have never lacked. An engineer pure and simple, President Egtvedt kept Boeing plants small, while others, like Douglas, were overexpanding. He devoted all Boeing's energies to creating a magnificent new bomber - the great 299, now called YB-17. This four-motored monoplane is the most potent...