The Final Years
In December 1957, Republic developed a helicopter division, building the French Aérospatiale Alouette II helicopter under license, with marginal sales success.
In an effort to keep the company going, Republic proposed converting a wartime-developed four-engine reconnaissance aircraft (the XF-12 Rainbow) into a transport aircraft. The aircraft would be very fast for a prop plane, but interest from airlines was not sufficient to continue development of the aircraft and the project was cancelled.
Republic Aviation made one last attempt to survive by returning to military contracts. In 1960, Republic Aviation acquired a minority interest in the Dutch aircraft company Fokker, and attempted to market a Fokker-designed attack plane to the Air Force, but the Air Force showed little interest in the foreign design and no contracts were offered.
In the early 1960s, the aerospace company Fairchild, owned by Sherman Fairchild began purchasing Republic's stock and finally acquired Republic Aviation in July 1965. In September, Republic became the Republic Aviation Division of Fairchild Hiller and ceased to exist as an independent company.
Republic's naming system was carried forward by Fairchild Hiller with the A-10 Thunderbolt II, which first flew in May 1972.
Read more about this topic: Republic Aviation
Famous quotes containing the words final and/or years:
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—William Shakespeare (1564–1616)