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.
Earlier this spring, the 388th Fighter Wing proved just 12 Airmen can operate an F-35 contingency location, refueling and rearming the fighters at spots across Georgia and South Carolina. The demonstration, part of exercise Agile Flag 23-1, marks yet another proof of concept for the Air Force’s plan to send…