War Department Negotiated and Renegotiated Contracts

A.C. Gilbert converted their pre-war toy production to producing parts for airplanes, machine guns, as well as, various anti-personel landmines during the second world war. They reported to the war department an approximate profit of 15%. Contracts for 1945 were apparently renegotiated and Gilbert touted their 15% profit to be within the margins permitted by the War Department. Material in this series came from two binders labeled 1944 Negotiated and 1945 Renegotiated, respectively.