Executive and General Aviation Limited. In 1960 Pressed Steel was persuaded by Sir Peter Masefield to invest in light aircraft through the formation of its Beagle Aircraft division. Beagle was sold to the government in December 1966. This venture lost Pressed Steel about £3M. Beagle's facilities at Shoreham-by-Sea were purchased with their take-over of Miles Aircraft and those at Rearsby with Auster. Notes References Further reading Engineering companies of the United Kingdom Organisations founded by Viscount Nuffield Coachbuilders of the United Kingdom Auto parts suppliers of the United Kingdom Rolling stock manufacturers of the United Kingdom Companies based in Swindon British companies established in 1926 Vehicle manufacturing companies established in 1926 Technology companies established in 1926