Grumman Aircraft Engineering Corporation - Various Denominations - Stock and Bon For Sale

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Grumman Aircraft Engineering Corporation - Various Denominations - Stock and Bon:
$70.00

Specimen Bond as well as Specimen Stock available. Printed by American Bank Note Company. Different colors with different denominations. Please specify color. The Grumman Aircraft Engineering Corporation, later Grumman Aerospace Corporation, was a leading 20th century American producer of military and civilian aircraft. Founded on December 6, 1929, by Leroy Grumman and partners, it merged in 1994 with Northrop Corporation to form Northrop Grumman. Leroy Grumman worked for the Loening Aircraft Engineering Corporation beginning in 1920, and when it was bought by Keystone Aircraft Corporation and the operations were moved from New York City to Bristol, Pennsylvania in 1929 Grumman and his partners, all ex-Leoning Aircraft employees, (Edmund Ward Poor, William Schwendler, Jake Swirbul, and Clint Towl) started their own company in an old Cox-Klemin Aircraft Co. factory in Baldwin on Long Island, New York. The company registered as a business on December 6, 1929, and officially opened on January 2, 1930. While maintaining the business by welding aluminum tubing for truck frames, the company eagerly pursued contracts with the US Navy. Grumman designed the first practical floats with a retractable landing gear for the Navy, and this launched Grumman into the aviation market. The first Grumman aircraft was also for the Navy, the Grumman FF-1, a biplane with retractable landing gear. This was followed by a number of other successful designs. During Item ordered may not be exact piece shown. All original and authentic.