McDonnell Company and Douglas Aircraft Company officially merge, forming McDonnell Douglas Corp. However, the union is more of a takeover, as McDonnell buys 1.5 million shares of Douglas stock for $68 million to complete the transaction, which had been approved by the Douglas board of directors on Jan. 13.
B-21 Raider First Flight Now Postponed to 2023
May 20, 2022
The Air Force says the B-21 Raider won't make its first flight until 2023; about a six-month delay from the last official estimates. No reason was given for the delay. While other programs have recently chalked up schedule slips to supply chain and labor shortages, the Air Force has said…