Partial view of a building at the Lockheed Aircraft Company in Hollywood, over which a plane can be seen flying. Originally called the Alco Hydro-Aeroplane Company, the aerospace manufacturing company was founded in 1912 by brothers Malcolm and Allan Loughead. Its next incarnation was Loughead Aircraft Manufacturing Company and was located in Santa Barbara. In 1926, following the failure of Loughead, Allan Loughead formed the Lockheed Aircraft Company in Hollywood. The Great Depression greatly changed the aircraft industry and in 1934, Robert E. Gross was named chairman of the new company, the Lockheed Corporation, which had relocated to Union Airport (Bob Hope Airport) in Burbank, California. Photo dated: November 23, 1928.
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