Following a series of mergers and takeovers, the principal successor businesses to the company became FBM Babcock Marine Ltd, Spectris plc, and WFEL (formerly Williams Fairey Engineering Limited), the latter manufacturing portable bridges.

The Propeller Division (Fairey-Reed Airscrews) was located at the Hayes factory, and used designs based on the patents of Sylvanus Albert Reed.

[2] Losing the Great West Aerodrome in 1944 by requisition by the Air Ministry to build London Heathrow Airport, with no compensation until 1964, caused a severe financial shock which may have hastened the company's end.

Postwar, Firefly and Gannet naval aircraft were supplemented by sub-contracts from de Havilland for Vampire and Venom jet fighters.

The Board felt that the change, taking effect on 1 April 1959, would enable the Rotodyne and other aircraft work to be handled by a concern concentrating on aviation.

The sale did not include Fairey Air Surveys or the works at Heston which was home to the weapon division, which had a contract for research into advanced anti-tank missile systems.

The rescue action was taken by the Government under section 8 of the Industry Act 1972 acquiring from the official receiver of the Fairey Company Ltd the entire share capital for £201,163,000.

Formed in 1948 the Fairey Aviation Company of Canada Limited[11] and grew from a six-man operation to a major enterprise employing around a thousand people.

Drawing on the parent company's expertise in the design of hydraulic equipment led to local manufacturer of the Fairey Microfilter, which had applications in industries beyond aviation.

The West Coast Branch of the Fairey Aviation Company of Canada Limited was formed in 1955 at Sidney, Vancouver Island.

The Special Projects Division built the Jindivik, Meteor, and Canberra drones at Woomera missile test range.

Its film was Ilford Photo SR101 in the form of 0.93in discs punched from 35 mm strip; weight 801; diameter 1.5in; length 1.25in; field of view 186 deg; exposure time 0.3 millisecond; effective relative aperture, approximately f/8.

The aircraft (Douglas Dakotas) and technical offices were based at White Waltham, Berks, along with a special research laboratory.

The factory was taken over by Willys-Knight and Overland Motors for the manufacture of cars and commercial vehicles and retained by them until 30 November 1934 when it was acquired by Fairey.

In 1935 the Fairey company received a substantial order for Hendon night bombers and established production lines at the Heaton Chapel factory.

In 2006 the Manchester Evening News reported that private equity investors Dunedin Capital Partners backed a management buy-out of WFEL from UTC which employs 160 people at its factory on Crossley Road, Heaton Chapel.

Production was therefore invested in Fairey Engineering Ltd but by 1962 this had been transformed into a 50/50 joint venture with the British Aircraft Corporation (Holdings) Ltd known as BAC (AT) LTD, with offices at 100 Pall Mall, London SW1 and a share capital of £100.

Apart from installing radio gear the Queen also had some aerodynamic modifications to improve stability, however the first couple of pilotless flights came to quick endings as the drones crashed as soon as they left the catapult launcher on HMS Valiant.

In 1960, Fairey announced an agreement between Fairey Engineering Ltd and the Del Mar Engineering Laboratories, Los Angeles, California, to distribute a range of subsonic and supersonic towed target systems (RADOP) for air-to-air and surface-to-air guided weapon training in Europe, Africa, the Middle East, the Commonwealth and the UK.

Shown for the first time at the Society of British Aircraft Constructors (SBAC) Show in 1952, the Fairey VTO Project was used to test the basic configuration of future research craft.

Components were built by the Royal Australian Navy Torpedo Establishment (hydraulic servo units), EMI (guidance receivers and amplifiers) and the Commonwealth Aircraft Corporation (magnesium castings).

Different versions of the test vehicle were created and each was concerned with a different aspect of control, guidance, propulsion and aerodynamics of the complete rocket.

The vehicle was launched by seven solid booster rockets which had a burn time of four seconds, after which the liquid fuel sustainer motor took over.

The base was formed by a booster unit about 6 ft high and 20 inches in diameter, stabilised by four large and four small fins and housing seven five-inch motors.

About two-thirds of the way back from the nose was fitted a laminated-wood wing of about two feet span, positioned across a diameter of the body, with a root chord of some 18 inches and a quarter-chord sweep of about 50 degrees.

In April 1947 Fairey released details of its first guided missile[22] It was an anti-aircraft weapon designed for use in the Pacific War but not completed in time for use by the British Army (who originally ordered it) or for the Royal Navy.

The Stooge consisted of two-stage propulsion, an autopilot, radio control equipment with additional ground unit, and a warhead.

Fairey Engineering had the sales agency for all countries outside the US, and was also appointed by the Australian Department of Supply's to assist in the introduction of the Malkara to operational service and to design and produce modifications.

Utilising techniques developed in the aircraft industry during WWII both men decided that they should produce sailing dinghies and so recruited Charles Currey to help run the company when he came out of the Navy.

In the following years, thousands of dinghies were produced by Fairey Marine including the Firefly, Albacore, Falcon, Swordfish, Jollyboat, Flying Fifteen, 505 and International 14's along with the much smaller Dinky and Duckling.