Re: SP merger

Posted by Steve203 On 2015/2/27 11:08:47
Quote:

Owen_Dyneto wrote:
The sense I got was that Macauley was indulging Jesse Vincent's curiosity

I've suggested that as well, that's always been my take on it.


So, to answer the question posed in another thread, Packard may have failed due to hubris. Throwing money away on a line of aircraft engines that were consistently commercial failures would point to that. Throwing more money away building Building 82 for the DR-980 program is another case. Granted, it turned out that the 4M-2500 came in handy, but management could never have foreseen that when it was subsidizing Gar Wood's racing more than a decade earlier.

Imagine if Packard had taken the money that went into the aircraft engine programs, and put that into growing the automotive side instead.

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