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Designed to meet the requirements of a US Navy specification issued on 6 December 1932, the XF7B-1 (Model 273) was the first all-metal cantilever low-wing monoplane single-seat fighter with a retractable undercarriage, and powered by a Pratt & Whitney SR-1340-30 engine rated at 550hp at 3050m.
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The Boeing 747 was conceived following the failure of Boeing to secure a USAF contract for a large strategic transport (the winner of this competition was Lockheed and their C-5 Galaxy). Seeing the need for a large passenger aircraft, Boeing dismissed the option of developing their 707 further and began the most famous and most ambitious project in the company’s history.