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Bell Atlantic - after merger with NYNEX, headquarters moved from Philadelphia to New York City; a significant workforce remains in the area Breyers - acquired by Kraft Foods and then by Unilever Jones Apparel Group - moved to New York City
In 1955, Howard Hughes split the helicopter production unit from the Hughes Aircraft Company, and reconstituted it with Hughes Tool Company, calling it Hughes Tool Company's Aircraft Division. The Aircraft Division had a focus on the production of light helicopters, mainly the Hughes 269 / 300 and the OH-6 Cayuse / Hughes 500 .
Hughes is commonly credited as the driving force behind the Lockheed Constellation airliner, which Hughes and Frye ordered in 1939 as a long-range replacement for TWA's fleet of Boeing 307 Stratoliners. Hughes personally financed TWA's acquisition of 40 Constellations for $18 million, the largest aircraft order in history up to that time.
Hughes Tool's majority stake in TWA was sold off in 1966. Two years later, in 1968, Hughes Tool Company purchased the North Las Vegas Air Terminal. In the late-1960s, Hughes Tool ventured into the hotel and casino business with the acquisition of the Sands, Castaways, Landmark, Frontier, Silver Slipper, and Desert Inn, all in Las Vegas.
Hughes Air Corporation, doing business as Hughes Airwest, was a local service carrier from 1970 to 1980 in the Western United States. It was backed by Howard Hughes ' Summa Corporation . Its original name in 1968 was Air West and the air carrier was owned by Nick Bez .
Baker Hughes (NYS: BHI) carries $7.4 billion of goodwill and other intangibles on its balance sheet. Sometimes goodwill, especially when it's excessive, can foreshadow problems down the road.
Heiserman says he views anything more than 20% as worrisome "because management might be overpaying for the acquisition or acquisitions that gave rise to the goodwill." Baker Hughes has an ...
Wing Aviation LLC, doing business as Wing, is a subsidiary of Alphabet Inc. that develops a drone delivery system and UTM systems. The company completed its first deliveries in 2014. [ 1 ] The company has operations in Australia , the United States , Finland , and Ireland , with potential expansion to the United Kingdom planned.