Malcolm Loughead, every mention
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Lockheed Martin (Audio) · Acquired
- ▶ 5:21 David Rosenthal So he started the first company with his brother, Malcolm, and they were more or less contemporaries of the Wright brothers.
- ▶ 5:43 David Rosenthal Malcolm leaves the company and goes to Detroit to seek his fortune in the automobile industry, where
- ▶ 5:49 David Rosenthal He invented the modern hydraulic brake system for automobiles, so every time you press the brake in your cars, you're using Malcolm Lockheed's technology.
- ▶ 6:55 David Rosenthal They end up selling it to a consortium of Detroit auto moguls, maybe through the relationships from Malcolm or something, that have formed the quote-unquote Detroit Aircraft Corporation, or the DAC.