Dwane Wallace
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Dwane Wallace
Dwane Leon Wallace (October 29, 1911 – December 21, 1989) was an American aviation businessman and aircraft designer. He served as the president and/or chairman of the board of the Cessna Aircraft Company from 1935 until the 1970s, having then continued on the board as a director and consultant into the 1980s. Wallace later became known as the "Quiet Giant of Aviation", and was posthumously inducted into the National Aviation Hall of Fame in 2012."Wallace, Dwane Leon,"
enshrinement statement, 2013, , Dayton, OH.

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Aircraft Designer
Aerospace engineering is the primary field of engineering concerned with the development of aircraft and spacecraft. It has two major and overlapping branches: aeronautical engineering and astronautical engineering. Avionics engineering is similar, but deals with the electronics side of aerospace engineering. "Aeronautical engineering" was the original term for the field. As flight technology advanced to include vehicles operating in outer space, the broader term "aerospace engineering" has come into use. Aerospace engineering, particularly the astronautics branch, is often colloquially referred to as "rocket science". Overview Flight vehicles are subjected to demanding conditions such as those caused by changes in atmospheric pressure and temperature, with structural loads applied upon vehicle components. Consequently, they are usually the products of various technological and engineering disciplines including aerodynamics, Air propulsion, avionics, materials science, stru ...
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Great Depression
The Great Depression (19291939) was an economic shock that impacted most countries across the world. It was a period of economic depression that became evident after a major fall in stock prices in the United States. The economic contagion began around September and led to the Wall Street stock market crash of October 24 (Black Thursday). It was the longest, deepest, and most widespread depression of the 20th century. Between 1929 and 1932, worldwide gross domestic product (GDP) fell by an estimated 15%. By comparison, worldwide GDP fell by less than 1% from 2008 to 2009 during the Great Recession. Some economies started to recover by the mid-1930s. However, in many countries, the negative effects of the Great Depression lasted until the beginning of World War II. Devastating effects were seen in both rich and poor countries with falling personal income, prices, tax revenues, and profits. International trade fell by more than 50%, unemployment in the U.S. rose to 23% and ...
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Cessna Model A
The Cessna Model A is a 1920s American high-wing four-seat tourer built by the Cessna Aircraft Company, the first in a long line of high-wing single-engined monoplanes. Design and development The first Cessna design built in any numbers was the Cessna Model A, a four-seater with a mixed wood and steel-tube construction with fabric covering. The aircraft was built in a number of variants fitted with different engines. The prototype (Model AC) first flew in 1927 and the first production aircraft appeared in the following year. Variants ;Model AA :Fitted with a 120 hp (89 kW) Anzani 10 engine, 14 built. ;Model AC :Fitted with a 130 hp (97 kW) Comet 7-RA The Comet 7-cylinder radials were a family of air-cooled radial engines, designed and built by the Comet Engine Corporation at Madison, Wisconsin from around 1927. Design and development Comet designed the 7-cylinder radial series to take advant ... engine, one built. ;Model AF :Fitted with a 150 hp (112 kW) Floco/Axelson engi ...
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Cessna CR-3
The Cessna CR-3 was a follow on racing aircraft to the Cessna CR-2 that raced in the 1932 National Air Races. Development The CR-3 was ordered by air racer Johnny Livingston in response to the performance he saw when competing against the Cessna CR-2 in the 1932 National Air Races. The CR-3 was of shoulder-wing design. Design The CR-3 was a mid-wing radial engined taildragger racer with manual retractable landing gear and a tail skid. The propeller was from a clipped wing Monocoupe racer #14. The tail surface was designed to be neutral, without downforce in flight. The elevators experienced significant vibration in test flights without the wing root fairings installed. Operational history The CR-3 lasted 61 days, winning every event it competed in: *Omaha Air Races at Omaha, Nebraska, June 17, 1933: First place. *Minneapolis Air Races and Minneapolis, Minnesota, June 24, 1933: First place. *American Air Races at Chicago, Illinois, July 1, 1933: The CR-3 first raced against ...
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Russell W
Russell may refer to: People * Russell (given name) * Russell (surname) * Lady Russell (other) * Lord Russell (other) Places Australia *Russell, Australian Capital Territory *Russell Island, Queensland (other) **Russell Island (Moreton Bay) **Russell Island (Frankland Islands) *Russell Falls, Tasmania *A former name of Westerway, Tasmania Canada *Russell, Ontario, a township in Ontario *Russell, Ontario (community), a town in the township mentioned above. *Russell, Manitoba *Russell Island (Nunavut) New Zealand *Russell, New Zealand, formerly Kororareka *Okiato or Old Russell, the first capital of New Zealand Solomon Islands *Russell Islands United States *Russell, Arkansas *Russell City, California, formerly Russell *Russell, Colorado *Russell, Georgia *Russell, Illinois *Russell, Iowa *Russell, Kansas *Russell, Kentucky, in Greenup County *Russell, Louisville, Kentucky *Russell, Massachusetts, a New England town **Russell (CDP), Massachusetts, ...
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Proxy Fight
A proxy fight, proxy contest or proxy battle (sometimes even called a proxy war) is an unfriendly contest for the control over an organization. The event usually occurs when a corporation's stockholders develop opposition to some aspect of the corporate governance, often focusing on directorial and management positions. Corporate activists may attempt to persuade shareholders to use their proxy votes (i.e., votes by one individual or institution as the authorized representative of another) to install new management for any of a variety of reasons. Shareholders of a public corporation may appoint an agent to attend shareholder meetings and vote on their behalf. That agent is the shareholder's proxy. In a proxy fight, incumbent directors and management have the odds stacked in their favor over those trying to force the corporate change. These incumbents use various corporate governance tactics to stay in power, including: staggering the boards (i.e., having different election years ...
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Beech 17
The Beechcraft Model 17 Staggerwing is an American biplane with an atypical negative wing stagger (the lower wing is farther forward than the upper wing). It first flew in 1932. Development At the height of the Great Depression, aircraft executive Walter H. Beech and airplane designer Ted A. Wells joined forces to collaborate on a project to produce a large, powerful, and fast cabin biplane built specifically for the business executive. The Beechcraft Model 17, popularly known as the "Staggerwing", was first flown on November 4, 1932. During its heyday, it was used as an executive aircraft, much as the private jet is now, and its primary competition were the Waco Custom Cabin and Waco Standard Cabin series of biplanes. The Model 17's unusual negative stagger wing configuration (the upper wing staggered behind the lower) and unique shape maximized pilot visibility and was intended to reduce interference drag between the wings (although it was later found to have negl ...
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Beech Aircraft Corporation
Beechcraft is an American brand of civil aviation and military aircraft owned by Textron Aviation since 2014, headquartered in Wichita, Kansas. Originally, it was a brand of Beech Aircraft Corporation, an American manufacturer of general aviation, commercial, and military aircraft, ranging from light single-engined aircraft to twin-engined turboprop transports, business jets, and military trainers. Phillips, Edward H., aviation historian, BOOK:"Beechcraft: Pursuit of Perfection: A History of Beechcraft Airplanes,"1992, Flying Books, , 9780911139112, retrieved May 16, 2017Green, William, Gordon Swainborough, and John Mowinski, BOOK"Modern Commercial Aircraft,"1987, Portland House, New York, Beech later became a division of Raytheon and then Hawker Beechcraft before a bankruptcy sale turned its assets over to Textron (parent company of Beech's historical cross-town Wichita rival, Cessna Aircraft Company). It remains a brand of Textron Aviation.Ostrower, Jon and John Kell"Textron ...
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Walter Beech
Walter Herschel Beech (January 30, 1891 – November 29, 1950) was an American aviator and early aviation entrepreneur who co-founded the Beech Aircraft Company (now called Beechcraft) in 1932 with his wife, Olive Ann Beech, and a team of three others. Biography He was born in Pulaski, Tennessee on January 30, 1891. Beech started flying in 1905, at age 14, when he built a glider of his own design. Then, after flying for the United States Army during World War I, he joined the Swallow Airplane Company as a test pilot. He later became general manager of the company. In 1924, he, Lloyd Stearman, and Clyde Cessna formed Travel Air Manufacturing Company. When the company merged with Curtiss-Wright, Beech became vice-president. In 1932, he and his wife, Olive Ann Beech, along with Ted Wells, K.K. Shaul, and investor C.G. Yankey, co-founded the Beech Aircraft Company in Wichita, Kansas. Their early Beechcraft planes won the Bendix Trophy. During World War II, Beech Aircraft produced mo ...
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Walter Burnham
Walter may refer to: People * Walter (name), both a surname and a given name * Little Walter, American blues harmonica player Marion Walter Jacobs (1930–1968) * Gunther (wrestler), Austrian professional wrestler and trainer Walter Hahn (born 1987), who previously wrestled as "Walter" * Walter, standard author abbreviation for Thomas Walter (botanist) ( – 1789) Companies * American Chocolate, later called Walter, an American automobile manufactured from 1902 to 1906 * Walter Energy, a metallurgical coal producer for the global steel industry * Walter Aircraft Engines, Czech manufacturer of aero-engines Films and television * ''Walter'' (1982 film), a British television drama film * Walter Vetrivel, a 1993 Tamil crime drama film * ''Walter'' (2014 film), a British television crime drama * ''Walter'' (2015 film), an American comedy-drama film * ''Walter'' (2020 film), an Indian crime drama film * ''W*A*L*T*E*R'', a 1984 pilot for a spin-off of the TV series ''M*A*S*H'' * ' ...
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Herb Rawdon
Herbert Rawdon (30 December 1904 - December 1975 in Wichita, Kansas) was an American aviation pioneer. Aviation career Rawdon graduated from Tri-State College in Angola, Indiana in 1925 with a BS degree in mechanical engineering, and began working at the Wichita-based Travel Air Manufacturing Company, soon rising to chief engineer. Every spring, company boss Walter Beech would come into the engineering department and suggest that they convert a stock design into a faster or more powerful airplane to be entered in that year's racing events. In 1927 Rawdon was on the team of engineers that modified a pair of Travel Air 5000 aircraft which won the deadly Dole Air Race to Hawaii. After the 1928 National Air Races, Rawdon told himself, "All things being equal, I'd just as soon not go through this exercise next year." He and his assistant Walter E. Burnham began working on their own at that point to design the Travel Air Type R Mystery Ship, which Beech accepted and built, just in t ...
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Olive Ann Beech
Olive Ann Beech (September 25, 1903 – July 6, 1993) was an American aerospace businesswoman who was the co-founder, president, and chairwoman of the Beech Aircraft Corporation. She founded the company in 1932 with her husband, Walter Beech, and a team of three others. She earned more awards, honorary appointments, and special citations than any other woman in aviation history and was often referred to as the “First Lady of Aviation”."Olive Beech", List of Enshrinees, National Aviation Hall of Fame Early life and education Beech was born as Olive Ann Mellor on September 25, 1903, in Waverly, Kansas, to Franklin Benjamin Mellor and Susannah Miller Mellor. Her father was a building contractor.Farney, pp 35–38 At a young age, the family moved to Paola, Kansas, where she attended school. At the age of seven, she had her own bank account and was given the task of writing checks to pay the family bills at the age of eleven. In 1917, the Mellor family moved to Wichita, Ka ...
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