Marquardt Corporation was one of the few aeronautical engineering firms that was dedicated almost solely to the development of the ramjet engine. Marquardt designs were developed through the 1940s into the 1960s, but the ramjet never became a major design and the company turned to other fields in the 1970s. They suffered a particularly bad financial crisis with the ending of the Cold War, and went bankrupt in the 1990s.
Read more about Marquardt Corporation: History
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