Michael Stroukoff formed Stroukoff Aircraft Corp., Trenton, NJ, after controlling interest in Chase was bought by Kaiser-Frazer. Stroukoff had been VP and chief engineer, designing C-123. Subsequently his company thought up ways of improving C-123, which was being produced (KF having defaulted) by Fairchild. Results included YC-123E Pantobase, with sealed and strengthened fuselage fitted with land/water skis and wingtip floats; and YC-134 with many changes including boundary-layer control system and R-3350 engines. No production.

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