Dravo Corporation was a shipbuilding company with shipyards in Pittsburgh and Wilmington, Delaware. It was founded by Frank and Ralph Dravo in Pittsburgh in 1891.[1] The corporation went public in 1936 and in 1998 it was bought out by Carmeuse for $192 million ($358.9 million today).[2] On March 5, 1942, it became the first corporation to receive the Army-Navy "E" Award for outstanding war time production.[3] Dravo ranked 72nd among United States corporations in the value of World War II military production contracts.[4]
- ^ "World War II: Oral Histories: Photographs: Shipbuilding, Pennsylvania Department, Carnegie Library of Pittsburgh". Archived from the original on 2013-01-07. Retrieved 2012-01-07.
- ^ Service, Dow Jones News (15 September 1998). "Carmeuse Lime Agrees To Buy Dravo For $192 Million". sddt.com. Retrieved 22 March 2018.
- ^ "Guide to the Records of Dravo Corporation, 1900-1995 (bulk 1943-1986) - Historic Pittsburgh". digital.library.pitt.edu. Retrieved 22 March 2018.
- ^ Peck, Merton J. & Scherer, Frederic M. The Weapons Acquisition Process: An Economic Analysis (1962) Harvard Business School p.619