On Yoyodyne.....

[Monte Davis]

"Dyne" is a unit of force in the old CGS system, and was adopted as part of
a science-y name by (unrelated) Rocketdyne -- now part of United
Technologies-- and Teledyne.

On Wed, May 4, 2016 at 3:46 PM, Thomas Eckhardt <thomas.eckhardt at uni-bonn.de
> wrote:

> 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
>>
>>
>> -
> Pynchon-l / http://www.waste.org/mail/?list=pynchon-l
>
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