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In 1982, EDO Aircraft Corporation made a business decision to divest itself of the EDO-Aire Group, ending a 60–year presence in the aviation industry. In April 1983, four former directors of EDO-Aire Wichita formed Sigma Tek, Inc. and purchased the assets of EDO-Aire Wichita from EDO Corporation (the deal was finalized on 25 May 1983). [5]
A British equivalent, the Air-Sea Rescue Float, was also developed and deployed. [3] They used a boat-shaped hull of welded steel. Sixteen were constructed, [4] and they were deployed under the main routes bombers took to and from continental Europe. [5] They were equipped with cooking facilities, signal flags, a radio and six bunks.
The Edo Aircraft Corporation was an established company that produced seaplane floats. In 1946, Edo designed its first aircraft, the Edo OSE. Two prototype aircraft (designated XOSE-1) were built and flown in 1946. The XOSE-1 was a single-seat low-wing cantilever monoplane with a single float and fixed wingtip stabilizing floats. The wings ...
EDO became a public company in 1956 with its listing on the American Stock Exchange, and moved to the New York Stock Exchange in 1983. An agreement was reached September 18, 2007 for ITT Corporation to buy EDO for $1.7 billion. [3] After EDO shareholders' approval, the deal was closed and finalized on December 20, 2007.
In 2013, Colorado listed rescue dogs and cats as the state pet, [20] [21] [22] as did Tennessee in 2014 [23] and Delaware in 2023 replacing the Golden Retriever. [24] California also named the shelter pet as its state pet in 2015 because of all the abandoned shelter pets each year.
An SB-29 "Super Dumbo", a variant of the B-29 Superfortress, with an air-droppable EDO A-3 lifeboat rigged underneath. The A-3 lifeboat was an airborne lifeboat developed by the EDO Corporation in 1947 for the United States Air Force (USAF) as a successor to the Higgins Industries A-1 lifeboat.
The United States Coast Guard received 76 OS2U-3 Kingfishers starting in 1942 and employed them in anti-submarine warfare, reconnaissance, and search and rescue roles. No Coast Guard Kingfisher is credited with sinking any enemy submarines; however, they were successful in rescuing sailors from ships sunk by enemy torpedoes.
Twenty-four hours after the Belkin deal fell through, Gaston, who desired to purchase either the New York Knicks or the Boston Celtics, began negotiations to purchase the team. [14] On August 9, 1983, Mangurian sold the team to Gaston, Paul R. Dupee Jr., and Alan N. Cohen for $15 million. [ 9 ]