Chase Aircraft Company was started in 1943 to build gliders for the US Army Air Force. After World War II, the company designed the CG-18 and CG-20 cargo gliders. The Air Force had these rebuilt with piston engines and redesignated, respectively, C-122 and C-123. Chase left the aircraft business in the early 1950's and Fairchild Aircraft assumed production of the C-123.
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