Lockheed, Malcolm

Lockheed, Malcolm (b. Loughead) (1889–1969) aircraft executives; both born in Niles, Calif. The two brothers became automobile mechanics in San Francisco. Together they built their first airplane (named Model G) and made their first flight (1913). They flew exhibition flights at the Panama-Pacific International Exposition (1915) and they founded (1916) and ran the Loughead Aircraft Manufacturing Company. Malcolm left the company (1919) and disappeared from public life. Allan cofounded the Lockheed Aircraft Company (1926); he legally changed his last name to Lockheed in 1934, but it had been pronounced that way even before. He built the Vega aircraft and left the company just prior to the stock market crash (1929). He worked as a consultant and an aircraft company vice-president and in real estate.