Search results
Results from the WOW.Com Content Network
McDonnell Douglas Corporation was a major American aerospace ... while the revenue from Douglas' civil contracts would be more than enough for McDonnell to withstand ...
Joint Strike Fighter (JSF) is a development and acquisition program intended to replace a wide range of existing fighter, strike, and ground attack aircraft for the United States, the United Kingdom, Italy, Canada, Australia, the Netherlands, Denmark, Norway, and formerly Turkey. [1]
The General Dynamics/McDonnell Douglas team was selected as the winner on 13 January 1988; the rival team led by Grumman surprisingly failed to submit a final bid. [4] The General Dynamics/McDonnell Douglas team was awarded a development contract and the ATA aircraft was designated A-12. The first flight was initially planned for December 1990. [3]
"In contrast to Boeing’s culture of engineering excellence, McDonnell Douglas focused on cost-cutting and upgrading older airplane models at the expense of all-new aircraft," Bill George, an ...
Douglas' commercial contracts would allow McDonnell to withstand any downturns in procurement. [23] Conversely, McDonnell had enough revenue to help solve Douglas' financial problems; soon after the merger was announced, McDonnell bought 1.5 million shares of Douglas stock to help Douglas meet "immediate financial requirements".
The McDonnell Douglas High Speed Civil Transport was a proposed supersonic airliner design that was the subject of internal and NASA contract studies in 1996. It was envisioned at a time when the company was struggling to compete in the commercial aviation market and would ultimately never progress beyond a paper design.
The two companies began sounding each other out about a merger in 1963. On paper, they were a good match. Douglas' civilian business would have been more than enough to allow McDonnell to withstand any downturns in military procurement, while the cash flow from McDonnell's military contracts would have given Douglas badly-needed security.
On 10 November 1972, the downselection was carried out, and Boeing and McDonnell Douglas won development contracts for two prototypes each. This resulted in the YC-14 and YC-15, respectively. [2] Both the Boeing YC-14 and McDonnell-Douglas YC-15 met the specifications of the contest under most conditions.