Fairchild soon realized that existing planes were not suitable for the type of maneuvering and extreme conditions that were often encountered during aerial photography. In 1925, he formed the Fairchild Aviation Corporation in Long Island, New York, to build the Fairchild FC-1, an aircraft specifically designed to provide accurate aerial mapping and surveying. Fairchild was a dominant force in the aviation industry during this period, becoming one of the nation's largest manufacturers of commercial aircraft. Between 1927 and 1930, the company delivered over 300 of the FC-2, the production version of the FC-1 aerial mapping aircraft The aircraft could hold up to five passengers and could also be equipped with float or ski landing gear. The FC-2 was later chosen to accompany Charles A. Lindbergh on his 23,000-mile (37,000 km) tour of America. It also carried the first international airmail from Key West, Florida to Havana, Cuba. In the span of 9 months, Fairchild went from initial production to being the second largest aircraft producer in the world.
Fairchild created, purchased, merged and sold his aviation company several times.
He incorporated Fairchild Aviation Corporation as a holding company for all his other endeavors, with two of its largest subsidiaries being the Fairchild Airplane Manufacturing Corporation of Farmingdale, New York, and the Kreider-Reisner Aircraft Company of Hagerstown, Maryland. The Aviation Corp (AVCO) purchased Fairchild Aviation and its subsidiaries in 1930; however, in the following year Fairchild repurchased Fairchild Aviation Corp and eventually all its subordinate companies. In 1936, Fairchild Aviation divested all of its aircraft manufacturing interests into the new Fairchild Engine and Airplane Co.
History of acquisitions, mergers and divestitures
Created in 1924, Fairchild Airplane and Manufacturing Co. was the original aircraft manufacturing subsidiary of Fairchild Aviation Corp. Its primary purpose was to design and build aircraft for Fairchild's aerial cameras. It was purchased by AVCO in 1930, then combined with Fairchild Engine Co. to form American Airplane and Engine Corp, which then bought American Airplane and Engine in 1934 to become Fairchild Aircraft Manufacturing and Engine Co. In the 1936 reorganization it became Fairchild Engine and Airplane Co. and took control over all Fairchild Aircraft and engine holdings. In 1950, it became Fairchild Engine and Airplane Company.
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During the 1960s Fairchild went through a series of changes and acquisition. The company was renamed Fairchild-Stratos Corporation in 1961, and began building meteoroid detection satellites for NASA as well as cameras that were used during the Apollo missions. After acquiring Hiller Aircraft in 1964, it became Fairchild Hiller. Later that same year Fairchild acquired Republic Aviation, which became the Republic Aviation Division of Fairchild Hiller. Fairchild created the Space & Electronic Systems division in 1965 to produce spacecraft and subsystems. The division also manufactured parts for the F-4 Phantom and the Boeing 747 Jumbo Jet.
Kreider-Reisner Aircraft Co.
In 1929, Fairchild acquired a controlling interest in the Kreider-Reisner Co. and began building new manufacturing facilities at the Hagerstown Airfield. During the Great Depression he consolidated his aircraft business in Hagerstown to form the Fairchild Aircraft Corp in 1935, which became his principal US aircraft manufacturing subsidiary. The plant began manufacturing new aircraft, including the Fairchild Model 22 (1931), Model 24 (1932), Model 95 (1934 – USAAC XC-31), Model 91, Jungle Clipper (1935), Model 45 (1935) and Model 46 (1937). After numerous changes it became the Aircraft Division in 1967, which was broken up in a corporate reorganization after Fairchild's death.
Aircraft contributions
Over the years, Fairchild airplanes played major roles in the military, ferrying, freighting, and surveying industries. In 1939, Fairchild bought a process developed by Virginius E. Clark in which a composite made of hot layers of plywood soaked with resin adhesive and bonded under pressure was used for building airframes. Fairchild was involved in the development and production of the process which he renamed Fairchild Duramold and then used on the AT-21 Gunner trainer. Before the outbreak of the war, Fairchild realized the large sales potential for trainers and developed the Model 62(M-62), which met the requirements for both military and civilian flying schools. In the summer of 1939, he entered the plane in a U.S. Army competition against other primary trainer candidates. When the M-62 won the contest, the Air Corps awarded Fairchild with a contract for 270 planes to be designated the PT-19. The PT-19 model was the main product of the Fairchild plant in Hagerstown.
In 1942, Fairchild developed the Fairchild Model 78, which was designed specifically for military transport. He was awarded a military contract to build his large-capacity twin-boom plane, which featured a hinged rear door used to load bulky cargo to be designated the C-82 Packet. It was nicknamed the "Flying Boxcar" because the plane's cargo capacity of 2,870 cubic feet (81 m3) was the same as that of a standard railway boxcar. It was used after World War II to fly assembled vehicles into Berlin. Fairchild was able to remain profitable after the war by manufacturing the C-119 Flying Boxcar, an upgraded version of the Packet which incorporated more powerful engines and greater capacity. From December 1949 until 1955 over 1,100 C-119s were constructed. This was the last Fairchild design to be mass-produced. The C-119 was eventually converted into the AC-119, a night attack gunship used in the Vietnam War. In the 1950s, Fairchild manufactured the C-123 Provider, a short-range assault transport which was used for a variety of purposes, including spraying defoliants in Vietnam. In 1956, Fairchild built the Fokker F-27 Friendship passenger airplane, the first American-built airliner in service. Fokker licensed the design to Fairchild so it could be made in the US; Fairchild also made a stretched version of this aircraft called the FH-227. The 40-seat plane was also the first to offer its passengers air conditioning and pressurization within the short-haul marketplace. It became widely used as a "feeder" plane for commercial carriers across the globe. After acquiring Hiller Helicopters and becoming Fairchild Hiller in 1964, it introduced the FH-1100 civilian helicopter. On December 18, 1970, the Air Force selected Fairchild to develop the YA-10A prototype, which was the last aircraft project undertaken before Fairchild's death in 1971. Production of the A-10 Thunderbolt II began in 1974. It was nicknamed the "Warthog" because it was built as a workhorse and many felt it was ugly. It was used in 1991 at the start of Operation Desert Storm during the first ground battle. The planes took more responsibilities during the war, as they were strongly built and able to withstand considerable battle damage. After sixty years, the entire aircraft program was shut down in 1987 after the failure of the T-46A program.
