And McDonnell had ready ruined the engineering-run Douglas. Every aircraft built by that formerly proud company after 1967 was pared to the penny. So many opportunities were lost due to the reticence of the accountants and they ended their days 30 years later still stretching and tweaking their mid-60s designs
Donald Douglas knew it would happen, but needed McDonnell's Pentagon dollars. Boeing had no excuses for not foreseeing the same fate.
Mr Mac, as well as being a (in)famously parsimonious. This was a man who crash landed a plane rather that use his chute to save money.
but he’d been buying up Douglas on the quiet from the start. Although he didn’t get military production contracts in WWII, he did get big parts contracts from Douglas, and started using his money up buy up Douglas stock over the coming years. By the 60’s, he owned more of Douglas than Douglas did.
the other strange this Don Douglas did that finished his company was drive out Ed Heinemann in 1960.... silly, there went the design genius.