28 Facts About Allan Lockheed

1.

Allan Haines Lockheed was an American aviation engineer and businessman.

2.

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

3.

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

4.

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

5.

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

6.

Allan Lockheed Loughead went to San Francisco in 1906 where he became a mechanic at $6 a week.

7.

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

8.

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.

9.

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

10.

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

11.

Allan Lockheed established operations in a garage in Hollywood in January 1927.

12.

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

13.

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

14.

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

15.

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

16.

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

17.

Allan Lockheed received an order for 20 Vegas worth $250,000, the largest commercial aircraft order to date.

18.

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

19.

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.

20.

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.

21.

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

22.

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

23.

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

24.

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

25.

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

26.

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

27.

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

28.

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