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AVCO
Avco Corporation is a subsidiary of Textron which operates Textron Systems Corporation and Lycoming. History The Aviation Corporation was formed on March 2, 1929, to prevent a takeover of CAM-24 airmail service operator Embry-Riddle Company by Clement Melville Keys, who planned on buying Curtiss aircraft rather than Sherman Fairchild's. With capital from Fairchild, George Hann, the Lehman Brothers, and W. A. Harriman, the holding company began acquiring small airlines. By the end of 1929, it had acquired interests in over 90 aviation-related companies. In January 1930, the board broke off the airlines into Colonial and Universal Air Lines. Universal Air Lines name was changed to American Airways, and later merged with Colonial to form American Airlines. The company was required to divest American Airlines in 1934 due to new rules for air mail contracts. The Aviation Corporation ranked 32nd among United States corporations in the value of World War II production contract ...
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Lycoming Engines
Lycoming Engines is a major American manufacturer of aircraft engines. With a factory in Williamsport, Pennsylvania, Lycoming produces a line of horizontally opposed, air-cooled, four, six and eight-cylinder engines including the only FAA-certified aerobatic and helicopter piston engines on the market. The company has built more than 325,000 piston aircraft engines and powers more than half the world's general aviation fleet, both rotary and fixed wing. Lycoming is an operating division of Avco Corporation, itself a subsidiary of Textron. History Sewing machines, bicycles and fashion Lycoming dates its founding to 1845 by " Madame Ellen Curtis Demorest". However, the early history of the company (especially prior to 1860) is unclear; biographer Ishbel Ross notes that the marriage of Ellen Louise Curtis to William Jennings Demorest took place in 1858, somewhat later than the purported date of establishment of the company. A few years later in New York, between c. 1860 and ...
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Sherman Fairchild
Sherman Mills Fairchild (April 7, 1896 – March 28, 1971) was an American businessman and investor. He founded over 70 companies, including Fairchild Aircraft (Fairchild Aviation Corporation), Fairchild Industries, and Fairchild Camera and Instrument. Fairchild made significant contributions to the aviation industry and was inducted into the National Aviation Hall of Fame in 1979. His Fairchild Camera & Instrument Corporation, Semiconductor Division company played a defining role in the development of Silicon Valley. He held over 30 patents for products ranging from the silicon semiconductor to the 8-mm home sound motion-picture camera. Fairchild is also responsible for inventing the first synchronized camera shutter and flash as well as developing new technologies for aerial cameras that were later used on the Apollo Missions. Early life and education Born in Oneonta, New York, Sherman Fairchild was the only child of George Winthrop Fairchild (1854–1924) and Josephine Mills ...
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Colonial Air Transport
Colonial Air Transport was an early airline that flew between New York City and Boston, Massachusetts. History It was established as Bee Line on 16 March 1923 and operated out Naugatuck, Connecticut; in 1926 was reorganised in New York City by Juan Trippe. Colonial acquired rights to fly the early U.S. airmail commercial route CAM-1, with the first flight held on July 26, 1926. In 1927, the headquarters were moved to Boston. On April 15 1929, they started passenger service between New York City and Boston, Massachusetts. In May 1929, it was acquired by AVCO. Fleet The Colonial Air Transport fleet consisted of the following aircraft as of 1926: See also * List of defunct airlines of the United States A ''list'' is any set of items in a row. List or lists may also refer to: People * List (surname) Organizations * List College, an undergraduate division of the Jewish Theological Seminary of America * SC Germania List, German rugby uni ... References ...
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Aerospace Industry
Aerospace is a term used to collectively refer to the atmosphere and outer space. Aerospace activity is very diverse, with a multitude of commercial, industrial and military applications. Aerospace engineering consists of aeronautics and astronautics. Aerospace organizations research, design, manufacture, operate, or maintain both aircraft and spacecraft. The beginning of space and the ending of the air is considered as 100 km (62 mi) above the ground according to the physical explanation that the air pressure is too low for a lifting body to generate meaningful lift force without exceeding orbital velocity. Overview In most industrial countries, the aerospace industry is a cooperation of the public and private sectors. For example, several states have a civilian space program funded by the government, such as National Aeronautics and Space Administration in the United States, European Space Agency in Europe, the Canadian Space Agency in Canada, Indian Space R ...
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Citigroup
Citigroup Inc. or Citi (Style (visual arts), stylized as citi) is an American multinational investment banking, investment bank and financial services corporation headquartered in New York City. The company was formed by the merger of banking giant #Citicorp, Citicorp and financial conglomerate Travelers Group in 1998; Travelers was subsequently spun off from the company in 2002. Citigroup owns Citicorp, the holding company for Citibank, as well as several international subsidiaries. Citigroup is Delaware General Corporation Law, incorporated in Delaware. Citigroup is the List of largest banks in the United States, third largest banking institution in the United States; alongside JPMorgan Chase, Bank of America, and Wells Fargo, it is one of the Big Four (banking)#United States, Big Four banking institutions of the United States. It is considered a Systemically important financial institution, systemically important bank by the Financial Stability Board and is commonly cited as ...
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Harvard Business School
Harvard Business School (HBS) is the graduate business school of Harvard University, a private research university in Boston, Massachusetts. It is consistently ranked among the top business schools in the world and offers a large full-time MBA program, management-related doctoral programs, and many executive education programs. It owns Harvard Business Publishing, which publishes business books, leadership articles, case studies, and the monthly ''Harvard Business Review''. It is also home to the Baker Library/Bloomberg Center. History The school was established in 1908. Initially established by the humanities faculty, it received independent status in 1910, and became a separate administrative unit in 1913. The first dean was historian Edwin Francis Gay (1867–1946). Yogev (2001) explains the original concept: :This school of business and public administration was originally conceived as a school for diplomacy and government service on the model of the French ''Ecole d ...
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Farm Machinery
Agricultural machinery relates to the mechanical structures and devices used in farming or other agriculture. There are many types of such equipment, from hand tools and power tools to tractors and the countless kinds of farm implements that they tow or operate. Diverse arrays of equipment are used in both organic and nonorganic farming. Especially since the advent of mechanised agriculture, agricultural machinery is an indispensable part of how the world is fed. History The Industrial Revolution With the coming of the Industrial Revolution and the development of more complicated machines, farming methods took a great leap forward. Instead of harvesting grain by hand with a sharp blade, wheeled machines cut a continuous swath. Instead of threshing the grain by beating it with sticks, threshing machines separated the seeds from the heads and stalks. The first tractors appeared in the late 19th century. Steam power Power for agricultural machinery was originally supp ...
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White Farm Equipment
White Farm Equipment is a manufacturer of agricultural machinery, now discontinued except for Planter (farm implement), planters, and owned by AGCO. History In 1960, the White Motor Company entered the agriculture market with the purchase of the Oliver Farm Equipment Company. In 1962, White acquired the Cockshutt Farm Equipment Company of Canada. White increased its agricultural interests in 1963 with the acquisition of Minneapolis-Moline. In 1969, Oliver, Minneapolis-Moline and Cockshutt were merged to form White Farm Equipment with headquarters in Oak Brook, Illinois; White Motor Corporation's headquarters remained in Cleveland, Ohio. In 1975, Oliver, Minneapolis-Moline and Cockshutt were folded into the White brand. The green of Oliver, red of Cockshutt and yellow of Minneapolis-Moline tractors was replaced by the silver tractors of White's ''Field Boss'' line. The Field Boss models in approximate order of introduction are as follows: 4-150 (The 4 indicates four wheel driv ...
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Canadian Colonial Airways
Canadian Colonial Airways was founded in 1929 in Montreal, Quebec, Canada. In 1942, it reformed as Colonial Airlines, which was later absorbed by Eastern Air Lines. Cities Served *Albany, New York *Buffalo, New York *Montreal, Quebec, Canada *Newark, New Jersey *Ottawa, Ontario, Canada *Toronto, Ontario, Canada *Troy, New York Troy is a city in the U.S. state of New York and the county seat of Rensselaer County. The city is located on the western edge of Rensselaer County and on the eastern bank of the Hudson River. Troy has close ties to the nearby cities of Albany ... See also * List of defunct airlines of Canada References Defunct airlines of Canada Airlines established in 1929 Airlines disestablished in 1942 1929 establishments in Quebec Canadian companies established in 1929 1942 disestablishments in Quebec {{NorthAm-airline-stub ...
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Southern Air Transport (1929)
Southern Air Transport, based in Dallas, Texas, was formed on February 11, 1929, when businessman A. P. Barrett consolidated Texas Air Transport and several other small aviation companies. SAT was awarded CAM 29, the U.S. Postal Service route from New Orleans to Houston, in January 1929. Later that year SAT came under the control of the Aviation Corporation, the company that organized American Airlines. C.R. Smith was rewarded for running Southern Air as the most profitable division at American, by being promoted to president of American Airlines in 1934. See also * List of defunct airlines of the United States A ''list'' is any set of items in a row. List or lists may also refer to: People * List (surname) Organizations * List College, an undergraduate division of the Jewish Theological Seminary of America * SC Germania List, German rugby uni ... References Defunct airlines of the United States Airlines established in 1929 1929 establishments in Texas Com ...
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Whiz Kids (Department Of Defense)
Whiz Kids was a name given to a group of experts from RAND Corporation with which Robert McNamara surrounded himself in order to turn around the management of the United States Department of Defense (DoD) in the 1960s. The purpose was to shape a modern defense strategy in the Nuclear Age by bringing in economic analysis, operations research, game theory, computing, as well as implementing modern management systems to coordinate the huge dimension of operations of the DoD with methods such as the Planning, Programming, and Budgeting System ( PPBS). They were called the Whiz Kids recalling the group at Ford Motor Company that McNamara was part of a decade earlier. The group included (among others): * Harold Brown * Alain Enthoven * Steven Fenster * Patrick Gross * William Kaufmann * Jan Lodal * Howard Margolis * Frank Nicolai * Merton Joseph Peck * Charles O. Rossotti * Henry Rowen * John H. Rubel * Ivan Selin * Pierre Sprey * David Staiger * Adam Yarmolinsky * Richard Z ...
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