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President Roosevelt called for U.S. production of 50,000 planes a year.

AAF established an Institute of Technology at Wright Field to graduate 850 officers annually.

Special Committee for the International Geophysical Year established by the International Council of Scientific Unions to coordinate the International IGY programs. This committee was known as CSAGI after the initials of its French name. Navy Terrier missile completed development program with successful destruction of two F6F-5K target drones.

Bomarc IM-99 ordered into production, a pilotless interceptor, which attained speeds near Mach 2 and was planned for long-range area defense.

In level flight over a 10-mile course at Edwards AFB , Calif., Capt. Walter W. Irwin (USAF), flying a F-104A Starfighter, set a world speed record of 1,404.19 mph.

M. N. Tukhachevsky, deputy commissar for Army and Navy affairs in the Soviet Union reports to the Soviet defense commission that, in light of recent developments in reaction engines, a Reaction Propulsion Institute should be established.

''CONTRACT RELEASE: C11-023 NASA AWARDS AUDIT, ASSESSMENT AND ASSURANCE SERVICES CONTRACT CLEVELAND --'' NASA selected Honeywell Technology Solutions Inc. of Columbia, Md., to provide safety audits, technical assessments and mission assurance support services for the agency. This cost-plus-fixed-fee, indefinite-delivery/indefinite-quantity contract has a period of performance of five years with ...

Max Valier is interviewed on Berlin radio about his intentions. He says his liquid fuel rocket will ultimately allow him to achieve his goal of space travel.

Arthur C. Clarke arrives at new RAF posting in London's Staffordshire House.

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