Lockheed Wallpapers
Lockheed Wallpapers for your desktop, free to download
Lockheed Wallpapers for your desktop, free to download
Lockheed Aircraft - photo wallpapers; Megawallpapers.org : Lockheed Corporation (originally Loughead Aircraft Manufacturing Company) was an American aerospace company originally founded in 1912 which merged with Martin Marietta in 1995 to formLockhed Martin. The Alco Hydro-Aeroplane Company was established in 1912 by the brothers Allan and Malcolm Loughead. This company was renamed the Loughead Aircraft Manufacturing Company and located inSanta Barbara, California. In 1926, following the failure of Loughead, Allan Loughead formed the Lockheed Aircraft Company (the spelling was changed to match its phonetic pronunciation) in Hollywood, California. In 1929 Lockheed sold out to Detroit Aircraft. The Great Depression [br]ruined the aircraft market, and Detroit Aircraft went bankrupt. A group [br]of investors headed by brothers Robert and Courtland Gross bought the [br]company out of receivership in 1932. [br]The syndicate bought the company for a mere $40,000. Ironically, Allan [br]Loughead himself had planned to bid for his own company, but had raised [br]"only" $50,000, which he felt was too small a sum for a serious bid. In 1934, Robert E. Gross was named chairman of the new company, the Lockheed Corporation, which was headquartered at the airport in Burbank, California. The company remained there for many years before moving to Calabasas, California. The first successful construction that was built in any number (141 aircraft) was the «Vega» been known for its use to several first- and record setting flights by, amongst others Amelia Earhart, Wiley Post and George Hubert Wilkins In the 1930s, Lockheed spent $139,400 to develop the L-10 Electra, a small twin-engine transport. The company sold 40 in the first year of production. Amelia Earheart and her navigator, Fred Noonan, flew this plane on their failed attempt to circumnavigate the world in 1937. The Electra also formed the basis for the Hudson bomber, which was supplied to both the British Royal Air Force and the United States military before and during World War II. Its primary role was submarine hunting.