Remembering North American Aviation: An Aviation Pioneer… Until it Wasn’t…
Famous for being the company behind the P-51 Mustang, North American Aviation was one of the largest and most respected aircraft manufacturers in the world at its height. Yet a minor blunder by one of its subsidiaries brought everything down.
Aside from its famous aircraft - the P-51, F-86, X-15 - North American Aviation also designed the Saturn V rocket, the Space Shuttle orbiter and the command and service module (CSM) for the Apollo Project.
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Background
In 1916, Canadian-born university lecturer-turned-investment advisor, Clement Melville Keys, was asked by Glenn Curtiss (a friend of one of his former students) to help restructure his financially troubled company.
Duly helping to restructure the Curtiss Ae...