Congress Begins Hearings on Cost Overruns for the C-5A Galaxy
At a glance:
- Series: Great Events from History II: Business and Commerce Series
- Categories: Government and Politics, Economics, Aviation, Space Exploration
- Subcategories: Business, Industry, Manufacturing, Factories, Aircraft, Airplanes
- Curriculum: American History 1951-present
- Geographical Location: Washington, D.C.
- Date: September 3, 1969
Article abstract: Lockheed Aircraft Corporation suffered $2.1 billion in cost overruns in manufacturing the U.S. Air Force’s C-5A Galaxy transport plane.
Summary of Event
In 1965, the Lockheed Aircraft Corporation was awarded the bid to build the C-5A Galaxy super transport plane for the U.S. Air Force (USAF). The C5-A aircraft was the largest aircraft in the world. The plane was 246 feet long, with a 223-foot wing span and a tail six stories high. It had four 16-foot, 7,000-pound turbine jet engines and a load capacity of about 250,000 pounds of...
[The entire page is 2352 words long]
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