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...order for a plane of its own design, the FH1 Phantom, the Navy's first carrier-based jet fighter. Other orders (800 planes) followed for its second plane, the F2H Banshee. What almost proved McDonnell's undoing was No. 3, an ambitious supersonic carrier fighter called the F3H Demon. It proved too heavy for its Navy-specified Westinghouse engine (in itself a problem child), and turned into a $265 million fiasco for the Navy (TIME, Nov. 7, 1955). The setback would have crippled many companies, but McDonnell kept arguing that the plane was basically sound, proved it with...

Author: /time Magazine | Title: AVIATION: Payoff for Pioneers | 1/26/1959 | See Source »

...last visited Task Force 77 a year ago. Not only were her pilots flying within jet-age spitting distance of Red Chinese airfields, but Midway was having a run of hard luck. One F3H squadron had lost two pilots and three planes in accidents within the week. The day I joined Force 77 the squadron's skipper, Commander Walter Heider of Coronado, Calif., died when his throttle apparently stuck after landing and his plane plunged overboard out of control...

Author: /time Magazine | Title: Foreign News: THE TENSE TIGER | 9/22/1958 | See Source »

...Navy, after ordering slowdowns a fortnight ago in production of its F8U-1. Crusader, A4D-2 Skyhawk and F3H-2 Demon, last week announced another. Delivery schedules on the F4D-1 Skyray fighter manufactured by Douglas Aircraft will also be lengthened. ¶ The Air Force canceled a $100 million flight-research project with Republic Aviation on Republic's XF-103 jet interceptor. Selecting its weapons, the Air Force announced a new contract with North American Aviation for a new air-to-surface missile similar to the 6-47's Rascal...

Author: /time Magazine | Title: National Affairs: Economy! Halt! | 9/2/1957 | See Source »

...bread-and-butter items and decided to make longer, lower time payments. The budget ax in this case fell on the aircraft industry. The Navy announced that it will stretch out the procurement of three jet fighters-Chance Vought's supersonic F8U Crusader, McDonnell's F3H Demon, Douglas' A4D Skyhawk. United Aircraft Corp. reported that its work on a nuclear-plane engine would be "drastically reduced," or scrapped altogether. And the Defense Department announced that it will trim progress payments on unfinished aircraft from 75% of the cost to 70%, forcing plane makers to find more financing...

Author: /time Magazine | Title: AVIATION: Austerity, but No Alarm | 8/26/1957 | See Source »

Many planemakers feel that they do not keep enough money to do the job. For example, both McDonnell's Navy F3H fighter and Air Force F101 were held up from four to ten months because McDonnell lacked funds for computers and wind tunnels, had to wait in line to use the Government's. Said McDonnell's Executive Vice Pres ident Robert H. Charles: "If we had more money for development facilities, we could save millions...

Author: /time Magazine | Title: Business: Too Big or Too Little? | 3/12/1956 | See Source »

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