Fred Korth
Encyclopedia
Appointed as Navy Secretary by President John F. Kennedy
John F. Kennedy
John Fitzgerald "Jack" Kennedy , often referred to by his initials JFK, was the 35th President of the United States, serving from 1961 until his assassination in 1963....
on 4 January 1962, he resigned October, 1963. Various sources cite reasons for Secretary Korth’s departure. He was president of the Continental National Bank of Fort Worth, Texas
Fort Worth, Texas
Fort Worth is the 16th-largest city in the United States of America and the fifth-largest city in the state of Texas. Located in North Central Texas, just southeast of the Texas Panhandle, the city is a cultural gateway into the American West and covers nearly in Tarrant, Parker, Denton, and...
. Continental National Bank was a principal money source for the General Dynamics
General Dynamics
General Dynamics Corporation is a U.S. defense conglomerate formed by mergers and divestitures, and as of 2008 it is the fifth largest defense contractor in the world. Its headquarters are in West Falls Church , unincorporated Fairfax County, Virginia, in the Falls Church area.The company has...
plant for the TFX (Tactical Fighter Experimental)
General Dynamics F-111
The General Dynamics F-111 "Aardvark" was a medium-range interdictor and tactical strike aircraft that also filled the roles of strategic bomber, reconnaissance, and electronic warfare in its various versions. Developed in the 1960s by General Dynamics, it first entered service in 1967 with the...
, which later emerged as the more well-known F-111 Aardvark. A commentary in the May, 1985 edition of Proceedings magazine exonerates Korth for any improprieties relating to the awarding of TFX.
Korth was born in 1909 in Yorktown, TX. Fred Korth died in September 1998 in El Paso, Texas
El Paso, Texas
El Paso, is a city in and the county seat of El Paso County, Texas, United States, and lies in far West Texas. In the 2010 census, the city had a population of 649,121. It is the sixth largest city in Texas and the 19th largest city in the United States...
and was buried in October 1998 under a three century old Texas Live Oak tree on his ranch in Karnes County, Texas
Karnes County, Texas
Karnes County is a county located in the U.S. state of Texas. As of 2000, the population was 15,446. Its county seat is Karnes City. Karnes County is named for Henry Karnes, a soldier in the Texas Revolution.-Geography:...
.