The McDonnell Douglas-Taiwan Aerospace Agreement

By 1916, it had become apparent that the United States, despite having invented the airplane, was lagging behind several European countries in developing an aircraft industry.' Fearing the potentially negative consequences of such a development for both the commercial and the strategic interests of the United States, Congress, and the president joined together in 1916 to create the National Advisory Committee on Aeronautics, better known as NACA

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