North American Aviation Inc. Old 100 Share Stock Certificate

Description

State(s): Delaware
Years: 1960's
Color: Gr
Aviation Stock. A female figure sitting on each side of the NAA logo of a flying eagle. Attractive and scarce. Popular!!!
North American Aviation (NAA) was a major American aerospace manufacturer, responsible for a number of historic aircraft, including the T-6 Texan trainer, the P-51 Mustang fighter, the B-25 Mitchell bomber, the F-86 Sabre jet fighter, the X-15 rocket plane, and the XB-70, as well as Apollo command and service module, the second stage of the Saturn V rocket, the Space Shuttle orbiter and the B-1 Lancer.
Through a series of mergers and sales, North American Aviation became part of North American Rockwell, which later became Rockwell International and is now part of Boeing.
Clement Melville Keys founded North American on December 6, 1928, as a holding company that bought and sold interests in various airlines and aviation-related companies. However, the Air Mail Act of 1934 forced the breakup of such holding companies. North American became a manufacturing company, run by James H. "Dutch" Kindelberger, who had been recruited from Douglas Aircraft Company. NAA did retain ownership of Eastern Air Lines until 1938.
General Motors Corporation took a controlling interest in NAA and merged it with the General Aviation Manufacturing Corporation in 1933, but retained the name North American Aviation.
Kindelberger moved the company's operations from Dundalk, Maryland to Los Angeles, California, which allowed flying year-round, and decided to focus on training aircraft, on the theory that it would be easier than trying to compete with established companies on larger projects. Its first planes were the GA-15 observation plane and the GA-16 trainer, followed by the O-47 and BT-9, also called the GA-16.
The BC-1 of 1937 was North American's first combat aircraft; it was based on the GA-16. In 1940, like other manufacturers, North American started gearing up for war, opening factories in Columbus, Ohio, Dallas, Texas, and Kansas City, Kansas. North American ranked eleventh among United States corporations in the value of wartime production contracts.
North American's follow-on to the BT-9 was the T-6 Texan trainer, of which 17,000 were built, making it the most widely used trainer ever. The twin-engine B-25 Mitchell bomber achieved fame in the Doolittle Raid and was used in all combat theaters of operation. The P-51 Mustang was initially produced for Britain as an alternative to the Curtiss P-40 Warhawk, which North American had declined to produce under licence. The derivative A-36 Mustang was developed as a ground attack aircraft and dive bomber. This was done, in part, to keep the airframe in production as the US Army Air Corps had not yet decided to purchase the type as a fighter.
A suggestion by the RAF that North American switch the P-51's powerplant from its original Allison engine to the Rolls-Royce Merlin engine may have been one of the most significant events in World War II aviation, as it transformed the P-51 into what many consider to be the best American fighter of the war.
Post-war, North American's employment dropped from a high of 91,000 to 5,000 in 1946. On V-J Day, North American had orders from the U.S. government for 8,000 aircraft. A few months later, that had dropped to 24.
Two years later in 1948, General Motors divested NAA as a public company. Nevertheless, NAA continued with new designs, including the T-28 Trojan trainer and attack aircraft, the F-82 Twin Mustang fighter, B-45 Tornado jet bomber, the FJ Fury fighter, AJ Savage, the revolutionary XB-70 Valkyrie Mach-3 strategic bomber, Shrike Commander, and T-39 Sabreliner business jet.
The Columbus, Ohio division of North American Aviation was instrumental in the exclusive development and production of the A-5 Vigilante, an advanced high speed bomber that would see significant use as a naval reconnaissance aircraft during the Vietnam War, the OV-10 Bronco, the first aircraft specifically designed for forward air control (FAC), and counter-insurgency (COIN) duties, and the T-2 Buckeye Naval trainer, which would serve from the late 1950s until 2008 and be flown in training by virtually every Naval Aviator and Naval Flight Officer in the US Navy and US Marine Corps for four decades. The Buckeye's name would be an acknowledgment to the state tree of Ohio, as well as the mascot of Ohio State University.
The North American F-86 Sabre started out as a redesigned Fury and achieved fame shooting down MiGs in the Korean War. Over 9,000 F-86s were produced. Its successor, the North American F-100 Super Sabre, was also popular.
Some 6,656 F-86s were produced in the United States, the most postwar military aircraft in the West, as well as another 2,500 elsewhere. To accommodate its Sabre production, North American opened facilities in a former Curtiss-Wright plant in Columbus, Ohio. It also moved into a former Consolidated-Vultee Aircraft plant at Downey, California, and in 1948, built a new plant at Downey. By the end of 1952, North American sales topped 5 million. Employment at the Columbus plant grew from 1,600 in 1950 to 18,000 in 1952.
The cancellation of the F-107 and F-108 programs in the late 1950s, as well as the cancellation of the Navaho intercontinental cruise missile program, was a blow to North American from which it never fully recovered.
Atomics International was a division of North American Aviation which began as the Atomic Energy Research Department at the Downey plant in 1948. In 1955, the department was renamed Atomics International and engaged principally in the early development of nuclear technology and nuclear reactors for both commercial and government applications. Atomics International was responsible for a number of accomplishments relating to nuclear energy: design, construction and operation of the first nuclear reactor in California (a small aqueous homogeneous reactor located at the NAA Downey plant), the first nuclear reactor to produce power for a commercial power grid in the United States (the Sodium Reactor Experiment located at the Santa Susana Field Laboratory) and the first nuclear reactor launched into outer space by the United States (the SNAP-10A). As overall interest in nuclear power declined, Atomics International transitioned to non-nuclear energy-related projects such as coal gasification and gradually ceased designing and testing nuclear reactors. Atomics International was eventually merged with the Rocketdyne division in 1978.
Autonetics began in 1945 at North American's Technical Research Laboratory, a small unit in the Los Angeles Division's engineering department based in Downey, California. The evolution of the Navaho missile program resulted in the establishment of Autonetics as a separate division of North American Aviation in 1955, first located in Downey, later moving to Anaheim, California in 1963. The division was involved in the development of guidance systems for the Minuteman ballistic missile system.
In 1955, the rocket engine operations were spun off into a separate division as Rocketdyne. This division furnished engines for the Redstone, Jupiter, Thor, Delta, and Atlas missiles, and for NASA's Saturn family of launch vehicles.
North American designed and built the airframe for the X-15, a rocket-powered aircraft that first flew in 1959.
In 1959, North American built the first of several Little Joe boosters used to test the launch escape system for the Project Mercury spacecraft. In 1960, the new CEO Lee Atwood decided to focus on the space program, and the company became the prime contractor for the Apollo command and service module, a larger Little Joe II rocket to test Apollo's launch escape system, and the S-II second stage of the Saturn V.
The fatal Apollo 1 fire in January 1967 was partly blamed on the company. In September, it merged with Rockwell-Standard, and the merged company became known as North American Rockwell. Within two years the new company was studying concepts for the Space Shuttle, and won the orbiter contract in 1972. In 1973, the company changed its name again to Rockwell International and named its aircraft division North American Aircraft Operations.
Rockwell International's defense and space divisions (including the North American Aviation divisions Autonetics and Rocketdyne) were sold to Boeing in December 1996. Initially called Boeing North American, these groups were integrated with Boeing's Defense division. Rocketdyne was eventually sold by Boeing to UTC Pratt & Whitney in 2005. UTC later sold Rocketdyne to Aerojet (GenCorp) in 2013.
Aircraft
Model name
First flight
Number built
Type
North American NA-16
1935
1,935
Single piston engine trainer
North American O-47
1935
239
Single piston engine observation airplane
North American BT-9
1936
149
Single piston engine trainer
North American XB-21
1936
1
Prototype twin piston engine medium bomber
North American BC-1
1937
270
Single piston engine trainer
North American Harvard
1938
1,463
Single piston engine trainer
North American BT-14
1939
251
Single piston engine trainer
North American T-6 Texan
1939
15,495
Single piston engine trainer
North American SNJ
1939
3,867
Single piston engine trainer
North American P-64
1939/1940
13
Single piston engine fighter
North American NA-35
1940
1
Prototype single piston engine trainer
North American NA-64 Yale
1940
230
Single piston engine trainer
North American A-27
1940
10
Single piston engine attack airplane
North American B-25 Mitchell
1940
9,890
Twin piston engine medium bomber
North American P-51 Mustang
1940
15,000+
Single piston engine fighter
North American XB-28
1942
2
Prototype twin piston engine medium bomber
North American A-36
1942
500
Single piston engine attack airplane
North American F-82 Twin Mustang
1945
272
Twin piston engine escort fighter
North American Navion
1946
1,109
Single piston engine civilian airplane; includes 83 L-17 liaison aircraft
North American FJ-1 Fury
1946
33
Single jet engine naval fighter
North American XSN2J
1947
2
Prototype single piston engine trainer
North American B-45 Tornado
1947
143
Quad jet engine bomber
North American F-86 Sabre
1947
9,860
Single jet engine fighter
North American AJ Savage
1948
143
Twin piston engine naval attack airplane
North American T-28 Trojan
1949
1,948
Single piston engine trainer
North American F-86D Sabre
1949
2,847
Single jet engine interceptor fighter
North American YF-93
1950
2
Prototype single jet engine fighter
North American FJ-2 Fury
1951
203
Single jet engine naval fighter
North American XA2J Super Savage
1952
1
Prototype twin turboprop engine naval attack airplane
North American F-100 Super Sabre
1953
2,294
Single jet engine fighter
North American FJ-3 Fury
1953
538
Single jet engine naval fighter
North American X-10
1953
13
Experimental twin jet engine unmanned airplane
North American FJ-4 Fury
1954
374
Single jet engine naval fighter
North American F-107
1956
3
Prototype single jet engine fighter
North American T-2 Buckeye
1958
529
Twin jet engine trainer
North American A-5 Vigilante
1958
167
Twin jet engine naval attack airplane
North American Sabreliner
1958
800+
Twin jet engine business airplane
North American X-15
1959
3
Experimental single rocket engine aircraft
North American XB-70 Valkyrie
1964
2
Prototype six jet engine strategic bomber
North American Rockwell OV-10 Bronco
1965
360
Twin turboprop engine observation airplane
Manned spacecraft
Apollo command and service module
North American DC-3
Skylab Rescue
Space Shuttle
Missiles and rockets
AGM-28 Hound Dog
AGM-64 Hornet
RTV-A-3 NATIV
SM-64 Navaho
S-II second stage of the Saturn V launch vehicle
Little Joe (rocket)
Little Joe II
Unmanned aerial vehicles
North American MQM-42 Redhead-Roadrunner
Projects
North American NA-116 (four-engined long range bomber project only)
North American NA-148 (commercial transport project only)
North American NA-237 (fighter bomber project only)
North American NA-323 (project only for VFX F-14 program)
North American NA-365 (carrier on board delivery - project only)
North American NA-400 (naval strike attack project for USN)
North American NA-420 (V/STOL Support aircraft project for USN)
North American XF-108 Rapier
A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.
Item ordered may not be exact piece shown. All original and authentic.
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