Gen. Henry H. Arnold, commander of the United States Army Air Forces established Project RAND with the objective of looking into long range planning of future weapons. In March 1946, Douglas Aircraft Company was granted the contract to research on intercontinental warfare by adopting operations research. In May 1946 the Preliminary Design of an Experimental World-Circling Spaceship was released. In May 1948, Project RAND was separated from Douglas and became an independent non-profit organization as Douglas Aircraft feared it would create conflict jeopardizing its future hardware contracts. Initial capital for the split came from the Ford Foundation.
Read more about this topic: RAND Corporation
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