Beech Aircraft Company was founded in Wichita, Kansas, in 1932 by Walter Beech as president, his wife Olive Ann Beech as secretary, Ted A. Wells as vice president of engineering, K.K. Shaul as treasurer, and investor C.G. Yankey as vice president. [7] The company began operations in an idle Cessna factory. With designer Ted Wells, they developed the first aircraft under the Beechcraft name, the classic Beechcraft Model 17 Staggerwing, which first flew in November 1932. Over 750 Staggerwings were built, with 270 manufactured for the United States Army Air Forces during World War II.
