Dravo Corporation

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Dravo Corporation was a shipbuilding company with shipyards in Pittsburgh, Pennsylvania 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 was bought out by Carmeuse for $192 million ($295.1 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]


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  1. ^ "Archived copy". Archived from the original on 2013-01-07. Retrieved 2012-01-07.CS1 maint: Archived copy as title (link)
  2. ^ Service, Dow Jones News (15 September 1998). "Carmeuse Lime Agrees To Buy Dravo For $192 Million". sddt.com. Retrieved 22 March 2018.
  3. ^ "Guide to the Records of Dravo Corporation, 1900-1995 (bulk 1943-1986) - Historic Pittsburgh". digital.library.pitt.edu. Retrieved 22 March 2018.
  4. ^ Peck, Merton J. & Scherer, Frederic M. The Weapons Acquisition Process: An Economic Analysis (1962) Harvard Business School p.619

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