Founded in the mid-1930s, the first product of this company was a two-seat scout/bomber for the U.S. Navy designated SBA. When this aircraft entered production in 1937-1938 the company had inadequate productive capacity and 30 were built by the Naval Aircraft Factory as SBNs. The F2A Buffalo which followed was the first monoplane fighter to serve with the USN, and was also used by the armed forces of Belgium, Britain, Finland, and Netherlands East Indies. The later SB2A Buccaneer, though built in quantity, proved totally unsuitable for frontline service.
Manufacturing rights of the Fleet trainers were sold in 1939 to Brewster Aeronautical Corp.