Allan Haines Lockheed was an American aviation engineer and business man.
| FactSnippet No. 1,624,140 |
25 Facts About Allan Lockheed
1.
2.
Allan Lockheed formed the Alco Hydro-Aeroplane Company along with his brother, Malcolm Loughead, that became Lockheed Corporation.
| FactSnippet No. 1,624,141 |
3.
Allan Lockheed went on to form two other aircraft manufacturing companies in the 1930s.
| FactSnippet No. 1,624,142 |
5.
Allan Lockheed had a half-brother Victor, a sister Hope, and a brother Malcolm Loughead.
| FactSnippet No. 1,624,144 |
6.
Allan Lockheed told the Lougheads if they wanted it back, they would have to repay his $4,000.
| FactSnippet No. 1,624,145 |
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.
| FactSnippet No. 1,624,146 |
8.
From 1920 to 1922, Allan Loughead was the Los Angeles sales manager for Lockheed brakes.
| FactSnippet No. 1,624,147 |
9.
In 1922, Allan Lockheed Loughead became a real estate salesman in the Hollywood area.
| FactSnippet No. 1,624,148 |
10.
All the Allan Lockheed personnel were present when the first Vega was trucked to a hayfield near Inglewood, California.
| FactSnippet No. 1,624,149 |
11.
Allan Lockheed was so impressed that he went to the Oakland airport to learn more about it.
| FactSnippet No. 1,624,150 |
14.
Allan Lockheed named the Lockheed Mountains after the builder of his plane.
| FactSnippet No. 1,624,153 |
15.
Allan Lockheed Vega remained the primary product of the Allan Lockheed Corporation.
| FactSnippet No. 1,624,154 |
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.
| FactSnippet No. 1,624,155 |
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.
| FactSnippet No. 1,624,156 |
18.
Allan Lockheed returned as a consultant but had no formal management role with his namesake company.
| FactSnippet No. 1,624,157 |
19.
Allan Lockheed made numerous flights in this plane demonstrating its extremely safe single-engine performance.
| FactSnippet No. 1,624,158 |
20.
Allan Lockheed spent the period from 1935 to 1936 as a consultant.
| FactSnippet No. 1,624,159 |
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.
| FactSnippet No. 1,624,160 |
23.
Allan Lockheed continued as a consultant for the Lockheed Aircraft Corporation.
| FactSnippet No. 1,624,162 |
24.
Allan Lockheed died of liver cancer in Tucson on May 28,1969, at the age of 80.
| FactSnippet No. 1,624,163 |