The U.S. Navy signs a contract with the Goodyear-Zeppelin Corporation for the construction of the USS Akron (ZRS-4) and the USS Macon (ZRS-5) dirigibles.
U.S. President Herbert Hoover signs the bill authorizing the acceptance of 1,000 acres of Rancho Yñigo from the Bay Area consortium, named the “Landholders Commission,” for the construction of Naval Air Station Sunnyvale.
The Landholders Commission purchases the 1,000-acre Rancho Yñigo property at a cost of $476,065.90.