What does HAC mean in COMPANIES & FIRMS
HAC is the abbreviation for Hughes Aircraft Company, which was founded in 1932 by Howard Hughes. It was initially developed as an aircraft manufacturer and later ventured into the space technology and defense industry. HAC was acquired by the Raytheon Company in 1997 and became a subsidiary of Raytheon, operating under the brand name of "Raytheon Hughes". HAC is responsible for providing cutting-edge aerospace engineering solutions to its customers worldwide.
HAC meaning in Companies & Firms in Business
HAC mostly used in an acronym Companies & Firms in Category Business that means Hughes Aircraft Company
Shorthand: HAC,
Full Form: Hughes Aircraft Company
For more information of "Hughes Aircraft Company", see the section below.
What does it stand for?
The abbreviation HAC stands for Hughes Aircraft Company, a wholly owned subsidiary of the Raytheon Company. The company specializes in building advanced military aircrafts like fighter jets, bombers and helicopter gunships. It also supplies high-end avionics (electronic components used in aircraft) and other aerospace systems. HAC has earned an international reputation for its expertise in missile defense systems, radar systems, space launch vehicles and other satellite payloads.
History of Hughes Aircraft Company
Hughes Aircraft Company was established by Howard Hughes in 1932 as an aircraft manufacturing business. In the 1940s, it began manufacturing military aircrafts for US armed forces including P-38 Lightnings fighters and B-17 Flying Fortresses bombers during World War II. After the war it started producing jet engines to power airliners such as Constellation model airplanes. By1960’s HAC was developing missiles like AIM-7 Sparrow and Avenger Air Defense system that saw action during Vietnam War. In 1997 Raytheon purchased Hughes Aircraft Company forming Raytheon Hughes which provides integrated defense solutions to various national government agencies around the world.
Essential Questions and Answers on Hughes Aircraft Company in "BUSINESS»FIRMS"
What is Hughes Aircraft Company?
Hughes Aircraft Company is a major aerospace and defense contractor that was founded by Howard Hughes in 1932. The company was acquired by General Motors in 1985, and its business divisions have since become part of various entities, including Raytheon Technologies Corporation.
What services does the Hughes Aircraft Company offer?
The portfolio of services offered by the legacy Hughes Aircraft Company includes design and manufacture of aerospace systems, avionics, sensors, space systems, telecommunications products, radars and other surveillance systems.
What products has the Hughes Aircraft Company developed?
The product range developed by the legacy Hughes Aircraft Company includes communication systems for civil aviation, military aircrafts, civilian satellites as well as mainframe computers. They also designed sophisticated electronic warfare/ radar jamming equipment for military applications.
How did General Motors acquire the Hughes Aircraft Company?
In 1985 General Motors acquired all of the stock of what was left of the Summa Corporation from its owner Howard Hughes's estate and made it a subsidiary named "Hughes Electronics." They then changed their corporate name to "The New GM" with their two major interests being "GM" (auto) and "Hughes" (aerospace/electronics).
Who are some notable former employees of the Hughes Aircraft Company?
Some notable former employees of the legacy Hughes Aerospace company include Frank Kaman (first helicopter designer), Henry Tsing (inventor), John Garcia (radar pioneer), John Mecom Jr. (founder of Advanced Armaments Corp.), Eddie DeBartolo Jr.(NFL team owner), Joe Ragan (first video game designer) and many more.
Is there a museum dedicated to the history of the Hughes Aircraft Company?
Yes! The Museum of Flying in Santa Monica California houses an exciting exhibit about the history of the legendary Howard Hues' original aircraft company. This exhibit features photographs, drawings, artifacts depicting various programs that were developed at this renowned firm over its long career.
What is Raytheon Technologies Corporation?
Raytheon Technologies Corporation is an American aerospace manufacturing company formed in 2020 through mergers between United Technologies Corporation and Raytheon Company. It is now one of 4 Fortune 500 companies in Massachusetts along with Liberty Mutual Insurance Group , TJX Companies Inc., and State Street Corporation.
How does Raytheon technologies related to respective divisions from previous inherited firms such as Legacy Hughes Aerospace & Defense?
After acquiring all interest from previous firms such as Legacy Hughes Aerospace & Defense ,Raytheon Technologies divvied up these operations into four individual divisions : Collins Aerospace Systems , Pratt & Whitney , Raytheon Intelligence & Space ,and Raytheon Missiles & Defense.
Final Words:
HAC stands for Hughes Aircraft Company a leading aerospace engineering solutions provider that is a subsidiary of Raytheon Company since 1997 when Raytheon purchased the company from its founder Howard Hughes who established it in 1932 as an airplane factory but gradually ventured into missile defense systems, radar systems, satellite payloads etc., becoming a respected specialist in those industries over time.
HAC also stands for: |
|
| All stands for HAC |