Search results
Results from the WOW.Com Content Network
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 ...
HRL Laboratories (formerly Hughes Research Laboratories) is a research center in Malibu, California, established in 1960. Formerly the research arm of Hughes Aircraft, it is currently owned by General Motors Corporation and Boeing. It is housed in two large, white multi-story buildings overlooking the Pacific Ocean.
In 1953 Howard Hughes gave all his stock in the Hughes Aircraft Company to the newly formed Howard Hughes Medical Institute, thereby turning the aerospace and defense contractor into a tax-exempt charitable organization. The Howard Hughes Medical Institute sold Hughes Aircraft in 1985 to General Motors for $5.2 billion.
For premium support please call: 800-290-4726 more ways to reach us
You should check out Pershing Square's top 5 stock […] The fund posted a return of 28.9% during the first half of 2020, outperforming its benchmark, the S&P 500 Index which returned -3.1% in the ...
1985: The HHMI sold Hughes Aircraft to General Motors for $5.2 billion. This was merged with GM's Delco Electronics to form Hughes Electronics Corporation. The group then consisted of: Delco Electronics Corporation; Hughes Aircraft Company; 1987: Hughes Aircraft Company acquired M/A-COM Telecommunications, to form Hughes Network Systems.
The business was a combination of two Raytheon Company legacy businesses, Raytheon Integrated Defense Systems (IDS) and Raytheon Missile Systems (RMS), which operated a plant formerly owned by the Hughes Aircraft Company. [citation needed] Raytheon had been criticized for selling arms to Saudi Arabia that were used in the Yemen Civil War. These ...
Also in 1997, Raytheon acquired the aerospace and defense business of Hughes Aircraft Company from Hughes Electronics Corporation, a subsidiary of General Motors, which included a number of product lines previously purchased by Hughes Electronics, including the former General Dynamics missile business (Pomona facility), the defense portion of ...