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McDonnell Douglas Corporation ... as well as other products such ... a health maintenance organization that was a wholly owned subsidiary of McDonnell Douglas. ...
Douglas Aircraft Company continued as a wholly owned subsidiary of McDonnell Douglas, with Douglas' son, Donald Wills Douglas Jr., as president. [23] Later, former McDonnell president David S. Lewis became chairman of Douglas Aircraft. His successful turnaround of the division allowed him to become president of McDonnell Douglas in 1969.
McDonnell Douglas paid $470 million for the company and made it a subsidiary with the name McDonnell Douglas Helicopter Systems in August 1984. [7] In 1986, McDonnell Douglas sold all the rights to the Model 300C to Schweizer Aircraft. On August 1, 1997, McDonnell Douglas merged into Boeing, [8] but Boeing's subsequent plans to sell the ...
In 1993, a management buyout occurred. 29 Senior Managers and Directors of the company, under the leadership of CEO Jerry Causley, purchased the company through Barings Bank from McDonnell Douglas. In 1994, the company was floated on the London Stock Exchange. Shares were sold for £260 each. Within two months they were worth less than £100.
which in turn was taken over in 1983 by McDonnell Douglas Corporation (March 1983), that division was spun off as McDonnell Douglas Information Systems [1] (1993) which became part of Northgate Information Solutions (April 2000). [2] which was acquired by NEC in 2018 and rebranded to NEC Software Solutions UK in 2021.
McDonnell Douglas later merged with Boeing in August 1997. [8] Boeing's defense and space division includes the part purchased from Rockwell (ROK) in 1986 and is based at the former McDonnell facility in St. Louis, and is responsible for defense and space products and services. McDonnell Douglas' legacy product programs include the F-15 Eagle ...
[3] [4] Already home to McDonnell Douglas, the Unigraphics Group grew in St. Louis, Missouri, which became the new headquarters. In 1991, the McDonnell Douglas Systems Integration groups, including Unigraphics, were acquired by EDS (then a part of General Motors Corp., later part of HP Enterprise Services, now part of DXC Technology).
The initial report of the creation said that Charles H. Ridings, formerly in charge of McDonnell Douglas mergers and acquisitions, was named the first chief executive, although he was quickly replaced by Waltman. [14] Sanus remained the dominant early insurance customer but Express Scripts began marketing to other providers.