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United Aircraft
The United Aircraft Corporation was an American aircraft manufacturer formed by the break-up of United Aircraft and Transport Corporation in 1934. In 1975, the company became United Technologies. History Pre-1930s 1930s The Air Mail scandal of the early 1930s resulted in a rebuilt air mail system, under the Air Mail Act of 1934, in which carriers and their equipment manufacturers (e.g., of airframes and engines) could no longer be owned by the same company.. The United Aircraft and Transport Corporation The United Aircraft and Transport Corporation was formed in 1929, when William Boeing of Boeing Airplane & Transport Corporation teamed up with Frederick Rentschler of Pratt & Whitney to form a large, vertically-integrated, amalgamated firm, un ... was broken up on September 26, 1934, as a result of this new law. The corporation's airline interests went on to become United Airlines. Its manufacturing interests east of the Mississippi River—Pratt & Whitney, Vought, Chance ...
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United Aircraft And Transport Corporation
The United Aircraft and Transport Corporation was formed in 1929, when William Boeing of Boeing Airplane & Transport Corporation teamed up with Frederick Rentschler of Pratt & Whitney to form a large, vertically-integrated, amalgamated firm, uniting business interests in all aspects of aviation—a combination of airframe and aircraft engine manufacturing and airline business, to serve all aviation markets, both civil aviation (cargo, passenger, private, air mail) and military aviation. With headquarters at Hartford, Connecticut, the holding company controlled the stock of the Boeing Company, Boeing Airplane Company of Seattle, the Vought, Chance Vought Corporation, the Hamilton Standard, Hamilton Aero Manufacturing Company (a Propeller (aircraft), propeller manufacturer), and the Pratt & Whitney, Pratt & Whitney Aircraft Company, an aeroengine manufacturer. Sikorsky Aircraft, Sikorsky Aviation Corporation, the Stearman Aircraft Company of Wichita, Kansas, and the Standard Stee ...
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United States Navy
The United States Navy (USN) is the maritime service branch of the United States Armed Forces and one of the eight uniformed services of the United States. It is the largest and most powerful navy in the world, with the estimated tonnage of its active battle fleet alone exceeding the next 13 navies combined, including 11 allies or partner nations of the United States as of 2015. It has the highest combined battle fleet tonnage (4,635,628 tonnes as of 2019) and the world's largest aircraft carrier fleet, with eleven in service, two new carriers under construction, and five other carriers planned. With 336,978 personnel on active duty and 101,583 in the Ready Reserve, the United States Navy is the third largest of the United States military service branches in terms of personnel. It has 290 deployable combat vessels and more than 2,623 operational aircraft . The United States Navy traces its origins to the Continental Navy, which was established during the American Revo ...
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Jet Engine
A jet engine is a type of reaction engine discharging a fast-moving jet of heated gas (usually air) that generates thrust by jet propulsion. While this broad definition can include rocket, Pump-jet, water jet, and hybrid propulsion, the term typically refers to an internal combustion airbreathing jet engine such as a turbojet, turbofan, ramjet, or pulse jet engine, pulse jet. In general, jet engines are internal combustion engines. Airbreathing jet engines typically feature a Axial compressor, rotating air compressor powered by a turbine, with the leftover power providing thrust through the propelling nozzle—this process is known as the Brayton cycle, Brayton thermodynamic cycle. Jet aircraft use such engines for long-distance travel. Early jet aircraft used turbojet engines that were relatively inefficient for subsonic flight. Most modern subsonic jet aircraft use more complex High-bypass turbofan, high-bypass turbofan engines. They give higher speed and greater fuel eff ...
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Harvard Business School
Harvard Business School (HBS) is the graduate business school of Harvard University, a private research university in Boston, Massachusetts. It is consistently ranked among the top business schools in the world and offers a large full-time MBA program, management-related doctoral programs, and many executive education programs. It owns Harvard Business Publishing, which publishes business books, leadership articles, case studies, and the monthly ''Harvard Business Review''. It is also home to the Baker Library/Bloomberg Center. History The school was established in 1908. Initially established by the humanities faculty, it received independent status in 1910, and became a separate administrative unit in 1913. The first dean was historian Edwin Francis Gay (1867–1946). Yogev (2001) explains the original concept: :This school of business and public administration was originally conceived as a school for diplomacy and government service on the model of the French '' Ecole des S ...
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Frederic M
Frederic may refer to: Places United States * Frederic, Wisconsin, a village in Polk County * Frederic Township, Michigan, a township in Crawford County ** Frederic, Michigan, an unincorporated community Other uses * Frederic (band), a Japanese rock band * Frederic (given name), a given name (including a list of people and characters with the name) * Hurricane Frederic, a hurricane that hit the U.S. Gulf Coast in 1979 * Trent Frederic, American ice hockey player See also * Frédéric * Frederick (other) * Fredrik * Fryderyk (other) Fryderyk () is a given name, and may refer to: * Fryderyk Chopin (1810–1849), a Polish piano composer * Fryderyk Getkant (1600–1666), a military engineer, artilleryman and cartographer of German origin * Fryderyk Scherfke (1909–1983), an inte ...
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Whiz Kids (Department Of Defense)
Whiz Kids was a name given to a group of experts from RAND Corporation with which Robert McNamara surrounded himself in order to turn around the management of the United States Department of Defense (DoD) in the 1960s. The purpose was to shape a modern defense strategy in the Nuclear Age by bringing in economic analysis, operations research, game theory, computing, as well as implementing modern management systems to coordinate the huge dimension of operations of the DoD with methods such as the Planning, Programming, and Budgeting System (PPBS). They were called the Whiz Kids recalling the group at Ford Motor Company that McNamara was part of a decade earlier. The group included (among others): * Harold Brown * Alain Enthoven * Steven Fenster * Patrick Gross * William Kaufmann * Jan Lodal * Howard Margolis * Frank Nicolai * Merton Joseph Peck * Charles O. Rossotti * Henry Rowen * John H. Rubel * Ivan Selin * Pierre Sprey * David Staiger * Adam Yarmolinsky * Richard Z ...
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Research And Development
Research and development (R&D or R+D), known in Europe as research and technological development (RTD), is the set of innovative activities undertaken by corporations or governments in developing new services or products, and improving existing ones. Research and development constitutes the first stage of development of a potential new service or the production process. R&D activities differ from institution to institution, with two primary models of an R&D department either staffed by engineers and tasked with directly developing new products, or staffed with industrial scientists and tasked with applied research in scientific or technological fields, which may facilitate future product development. R&D differs from the vast majority of corporate activities in that it is not intended to yield immediate profit, and generally carries greater risk and an uncertain return on investment. However R&D is crucial for acquiring larger shares of the market through the marketisation ...
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World War II
World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposing military alliances: the Allies and the Axis powers. World War II was a total war that directly involved more than 100 million personnel from more than 30 countries. The major participants in the war threw their entire economic, industrial, and scientific capabilities behind the war effort, blurring the distinction between civilian and military resources. Aircraft played a major role in the conflict, enabling the strategic bombing of population centres and deploying the only two nuclear weapons ever used in war. World War II was by far the deadliest conflict in human history; it resulted in 70 to 85 million fatalities, mostly among civilians. Tens of millions died due to genocides (including the Holocaust), starvation, ma ...
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Nash Motors
Nash Motors Company was an American automobile manufacturer based in Kenosha, Wisconsin from 1916 to 1937. From 1937 to 1954, Nash Motors was the automotive division of the Nash-Kelvinator Corporation. Nash production continued from 1954 to 1957 after the creation of American Motors Corporation. In 1938 the firm debuted the heating and ventilation system which is still used today, unibody construction in 1941, seat belts in 1950, a US built compact car in 1950, and muscle cars in 1957. History Nash Motors was founded in 1916 by former General Motors president Charles W. Nash, who acquired the Thomas B. Jeffery Company. Jeffery's best-known automobile was the Rambler whose mass production from a plant in Kenosha began in 1902. The 1917 Nash Model 671 was the first vehicle produced to bear the name of the new company's founder. Sales were positive for 1918 at 10,283 units. More models were added in 1919 and sales rose to 27,081 for the year. Nash enjoyed decades of s ...
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American Telephone & Telegraph
AT&T Corporation, originally the American Telephone and Telegraph Company, is the subsidiary of AT&T Inc. that provides voice, video, data, and Internet telecommunications and professional services to businesses, consumers, and government agencies. During the Bell System's long history, AT&T was at times the world's largest telephone company, the world's largest cable television operator, and a regulated monopoly. At its peak in the 1950s and 1960s, it employed one million people and its revenue ranged between US$3 billion in 1950 ($ in present-day terms) and $12 billion in 1966 ($ in present-day terms). In 2005, AT&T was purchased by Baby Bell and former subsidiary SBC Communications for more than $16 billion ($ in present-day terms). SBC then changed its name to AT&T Inc. Today, AT&T Corporation continues to exist as the long distance subsidiary of AT&T Inc., and its name occasionally shows up in AT&T press releases. Buildings with AT&T logo * AT&T Huro ...
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Dow Jones Industrial Average
The Dow Jones Industrial Average (DJIA), Dow Jones, or simply the Dow (), is a stock market index of 30 prominent companies listed on stock exchanges in the United States. The DJIA is one of the oldest and most commonly followed equity indexes. Many professionals consider it to be an inadequate representation of the overall U.S. stock market compared to a broader market index such as the S&P 500. The DJIA includes only 30 large companies. It is price-weighted, unlike stock indices which use market capitalization. Furthermore, the DJIA does not use a weighted arithmetic mean. The value of the index can also be calculated as the sum of the stock prices of the companies included in the index, divided by a factor which is currently () approximately 0.152. The factor is changed whenever a constituent company undergoes a stock split so that the value of the index is unaffected by the stock split. First calculated on May 26, 1896, the index is the second-oldest among U.S. market ...
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