25 Facts About Allan Lockheed

1.

Allan Haines Lockheed was an American aviation engineer and business man.

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2.

Allan Lockheed formed the Alco Hydro-Aeroplane Company along with his brother, Malcolm Loughead, that became Lockheed Corporation.

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3.

Allan Lockheed went on to form two other aircraft manufacturing companies in the 1930s.

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4.

Allan Lockheed kept an informal relationship with the Lockheed Aircraft Corporation until his death in 1969 in Tucson, Arizona.

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5.

Allan Lockheed had a half-brother Victor, a sister Hope, and a brother Malcolm Loughead.

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6.

Allan Lockheed told the Lougheads if they wanted it back, they would have to repay his $4,000.

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7.

Allan Lockheed Loughead realized that the government's sale of war surplus aircraft for as little as $300 had killed the market for new aircraft.

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8.

From 1920 to 1922, Allan Loughead was the Los Angeles sales manager for Lockheed brakes.

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9.

In 1922, Allan Lockheed Loughead became a real estate salesman in the Hollywood area.

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10.

All the Allan Lockheed personnel were present when the first Vega was trucked to a hayfield near Inglewood, California.

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11.

Allan Lockheed was so impressed that he went to the Oakland airport to learn more about it.

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12.

Allan Lockheed placed an order for the third Vega equipped for Arctic exploration.

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13.

Allan Lockheed soon changed his order to a high-wing Vega seaplane.

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14.

Allan Lockheed named the Lockheed Mountains after the builder of his plane.

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15.

Allan Lockheed Vega remained the primary product of the Allan Lockheed Corporation.

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16.

Part of the reason Northrop left was that Allan Lockheed's management refused to invest in developing new metal aircraft and chose to maximize revenue from its proven wood designs.

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17.

Unhappy with this situation, Allan Lockheed Loughead resigned as president and general manager on June 3,1929, and later sold his Detroit Aircraft stock for $23 a share.

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18.

Allan Lockheed returned as a consultant but had no formal management role with his namesake company.

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19.

Allan Lockheed made numerous flights in this plane demonstrating its extremely safe single-engine performance.

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20.

Allan Lockheed spent the period from 1935 to 1936 as a consultant.

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21.

In October 1942, Allan Lockheed became the general manager of the Aircraft Division of Grand Rapids Store Equipment Company, making parts for Navy fighters.

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22.

In 1961, Allan Lockheed moved to Tucson, Arizona, where he lived in semi-retirement.

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23.

Allan Lockheed continued as a consultant for the Lockheed Aircraft Corporation.

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24.

Allan Lockheed died of liver cancer in Tucson on May 28,1969, at the age of 80.

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25.

Allan Lockheed was enshrined in the National Aviation Hall of Fame in Dayton, Ohio, in 1986.

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