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The Hughes Aircraft Company was a major American aerospace and defense contractor founded on February 14, 1934 by Howard Hughes in Glendale, California, as a division of Hughes Tool Company. [1] The company produced the Hughes H-4 Hercules aircraft, the atmospheric entry probe carried by the Galileo spacecraft , and the AIM-4 Falcon guided ...
In 1932 Hughes founded the Hughes Aircraft Company, a division of Hughes Tool Company, in a rented corner of a Lockheed Aircraft Corporation hangar in Burbank, California, to build the H-1 racer. Shortly after founding the company, Hughes used the alias "Charles Howard" to accept a job as a baggage handler for American Airlines.
Kinecta was originally known as the Hughes Aircraft Employees Federal Credit Union (HAEFCU). HAEFCU was formed in 1940 by twelve Hughes Aircraft engineers with total assets of $60. In 2001, HAEFCU changed its name to Kinecta Federal Credit Union after Raytheon Corporation's 1997 acquisition of Hughes Aircraft Company. [1]
The facility was originally built by Nash Motors in 1946 and begun production in 1948, building the Nash Rambler. Howard Hughes' Hughes Aircraft Company formed the Aerospace Group within the company when they bought the facility in 1955, [1] when the Nash company became American Motors Corporation and divided the facility into:
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In 1970 the Webb Construction Company built the second building. [2] In 1984 the U.S. Federal Courts declared in a court case that the Howard Hughes Medical Institute must divest itself of Hughes Aircraft Company and subsidiaries in order to retain its non-profit status. This led to General Motors purchasing Hughes Aircraft in 1985. [3]
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The Hughes Airport (IATA: CVR) was a private airport owned by Howard Hughes for the Hughes Aircraft Company. It was located just north of the Westchester bluffs and district of Los Angeles , California , from 1940 until its closure in 1985.