Word: tigercat
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Dates: during 1940-1949
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...expected, in good health. After the Jap surrender, Grumman stopped making its famed Hellcat and laid off all of its 22,000 workers, then hired some 5,000 back. By last week, Grumman was shaken down to production of two Navy pursuit ships, the Bearcat and the Tigercat. They still have Navy orders for production at a rate of 75 a month. This was far below Grumman's war peak of 658 planes a month but well above their best peacetime volume...
First-line flyers reported that Japan had a new defense fighter, faster, more maneuverable and better handled than anything they had seen before. Promptly the U.S. answered by unveiling the Grumman F-7F Tigercat, soon to make its combat debut with Marine fighter squadrons and Navy supercarriers. The Tigercat has twin engines, climbs a mile a minute, rates in the 425-m.p.h. speed class. For Japan the planes came, kept coming, and would continue to come...
...total swelled to $278,500,000 last year. On this, the company netted $6,598,200 after contract redetermination, including a postwar refund of "1,955,000. This year the company has turned out an estimated $156,000,000 in planes, including its new twin-engined fighter, the Tigercat, in the first six months. After renegotiation and taxes, Grumman expects to net a little more than last year. Roy Grumman, who owns 14% of the stock, collects a $65,000 salary, gets an-other $100,000 from the stock dividends ($1.50 a share). Swirbul is paid $60,000, collects...