McDonnell Company and Douglas Aircraft Company officially merge, forming McDonnell Douglas Corp. However, the union is more of a takeover, as McDonnell buys 1.5 million shares of Douglas stock for $68 million to complete the transaction, which had been approved by the Douglas board of directors on Jan. 13.
As Air Force leaders consider concepts of operations for Collaborative Combat Aircraft, sustainment in the field—and easing that support by using standard parts and limiting variants—should be a key consideration, according to a new study from AFA's Mitchell Institute of Aerospace Studies.