In late 1926, Lloyd Stearman, Fred Hoyt, and George Lyle chartered Stearman Aircraft, Inc., with fabrication in Venice, California, with final assembly and test flights taking place at Clover Field, modern-day Santa Monica Airport. Established in 1927, Stearman Aircraft Corporation had a vital role in the fields of military and general aviation. Wichita, Kansas, was a hub for aircraft manufacturing of the era, and Stearman moved his company there by the late 1930s, now the site of Wichita Dwight D. Eisenhower National Airport. Stearman operated as a Boeing division until September 1941, when it was redesignated the Wichita Division, Boeing Aircraft Company.
Arguably, the most famous Stearman was the Model 75 (Navy PT-17), introduced in the early 1930s. More than 10,600 were built. The biplane became the primary trainer for both the United States Army Air Corps and the United States Navy through the 1940s. In the immediate postwar years, they became trusted crop dusters, the ubiquitous aerobatic performer, and the ride for wing walkers at air shows. Many by this time had installed a larger Pratt & Whitney R-985 Wasp Junior engine and a constant-speed propeller to increase the maximum takeoff weight and climb performance. Many Stearmans are still active today on the air show circuit.
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