Dravo Corporation
Shipbuilding company / From Wikipedia, the free encyclopedia
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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]