 In 1934, Loughead, tired of the many mispronunciations of his name, legally changed it from Loughead to Lockheed.Lockheed spent the period from 1935 to 1936 as a consultant.In 1937, Lockheed formed the Alcor Aircraft Corporation in San Francisco and developed the Alcor C-6-1, an 8-place, low-wing plane that also had excellent single-engine performance.