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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. Howard Hughes donated Hughes Aircraft to the newly formed Howard Hughes Medical Institute (HHMI) in 1953 allegedly as a way of avoiding taxes on its huge income. [19]
Hughes Aircraft was awarded a contract for a subsonic missile under the project designation MX-798, which soon gave way to the supersonic MX-904 in 1947. The original purpose of the weapon was as a self-defense weapon for bomber aircraft , which would carry a magazine of three missiles in the rear fuselage, and fire them through a long tube ...
AIM-9 Sidewinder air-to-air missile; AIM-54 Phoenix air-to-air missile; AIM-120 AMRAAM air-to-air missile; AN/SPY-6 Air and Missile Defense Radar (AMDR) for Navy ships; AN/TPY-2 radar for the THAAD missile defense system; AN/AQS20C Mine hunting sonar suite; AN/ASQ-235 Airborne Mine Neutralization System (AMNS) BGM-71 TOW anti-tank missile; BGM ...
The Army can’t debut the new missile into service until it completes three flight tests. Two more batteries were planned for activation in 2025 and 2027. Two more batteries were planned for ...
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.
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The act of the missile achieving a radar lock with its own radar is known under brevity as "Going Pitbull". Both the missile and the aircraft were used by Iran and the United States Navy (USN). In US service both are now retired, the AIM-54 Phoenix in 2004 and the F-14 in 2006.
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 ...