On Yoyodyne.....

[Thomas Eckhardt]

I can't find the bit about Teledyne on the page you linked to...

Is there a connection between Teledyne and Rocketdyne?

"After World War II North American Aviation (NAA) was contracted by the 
Defense Department to study the German V-2 missile and adapt its engine 
to SAE measurements and U.S. construction details. NAA also used the 
same general concept of separate burner/injectors from the V-2 engine 
design to build a much larger engine for the Navaho missile project 
(1946-1958). This work was considered unimportant in the 1940s and 
funded at a very low level, but the start of the Korean War in 1950 
changed priorities."

https://en.wikipedia.org/wiki/Rocketdyne

See also:

http://www.avoidingregret.com/2014/05/photo-essay-boeing-rocketdyne-santa.html


Am 04.05.2016 um 16:32 schrieb Charles Albert:
> /The most interesting story in the history of capital allocation was the
> rapid growth and then steady shrinking of Teledyne, a conglomerate
> formed by Henry Singleton in 1960. Teledyne spent the 60’s growing
> through acquisitions—130 companies in total, bought for twelve times
> earnings or less—funded in large part by the issuance of new shares of
> Teledyne stock and debt. One of its last acquisitions in this period was
> Ryan Aeronautical in 1969—to which we will return. During this
> acquisitive phase, between 1961 and 1971, sales and earnings grew 244x
> and 556x alongside large growth in shares outstanding and debt[i]
> <http://investorfieldguide.com/shrinkage-vs-growth/#_edn1>. Earnings
> were sometimes volatile, but Singleton didn’t care: he focused on cash
> flow./
>
> http://awealthofcommonsense.com/2016/05/death-by-a-thousand-cuts/
>
> love,
> cfa
>
>
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Pynchon-l / http://www.waste.org/mail/?list=pynchon-l