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In 1951 Hughes Aircraft Co. built a missile plant in Tucson, Arizona due to Howard Hughes' fear that his Culver City, California plant could be attacked. By the end of that year, the U.S. Air Force had purchased the property and contracted Hughes (and subsequently Raytheon [ 18 ] ) to operate the site as Air Force Plant 44 .
The Howard Hughes Medical Institute's new board of trustees sold Hughes Aircraft in 1985 to General Motors for $5.2 billion, allowing the institute to grow dramatically. In 1954, Hughes transferred Hughes Aircraft to the foundation, which paid Hughes Tool Co. $18,000,000 for the assets.
Leighton, David, ""The History of the Hughes Missile Plant in Tucson, 1947-1960," Private Publication, 2015; McCarthy Jr. Donald J. MiG Killers, A Chronology of U.S. Air Victories in Vietnam 1965-1973. 2009, Specialty Press. ISBN 978-1-58007-136-9. Michel III, Marshall L. Clashes, Air Combat Over North Vietnam 1965-1972. 1997, Naval Institute ...
The Hughes AIM-47 Falcon, originally GAR-9, was a very long-range high-performance air-to-air missile that shared the basic design of the earlier AIM-4 Falcon.It was developed in 1958 along with the new Hughes AN/ASG-18 radar fire-control system intended to arm the Mach 3 XF-108 Rapier interceptor aircraft and, after that jet's cancellation, the YF-12A (whose production was itself cancelled ...
BWS Financial analyst Hamed Khorsand reiterated a Buy rating on the shares of Howard Hughes Corp (NYSE: HHC) with a price target of $150. The analyst noted that the company's opening of the 565 ...
Raytheon Missiles & Defense (RMD) was one of four business segments of RTX Corporation.Headquartered in Tucson, Arizona, its president was Wes Kremer. [1] The business produced a broad portfolio of advanced technologies, including air and missile defense systems, precision weapons, radars, and command and control systems. [2]
In 1950, Simon Ramo and Dean Wooldridge while working for Hughes Aircraft, led the development of the Falcon radar-guided missile, among other projects. They grew frustrated with Howard Hughes ' management, and formed the Ramo-Wooldridge Corporation in September 1953, [ 13 ] with the financial support of Thompson Products. [ 2 ]
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