De Laval Steam Turbine Co. v. United States

Petitioner, a manufacturer of marine steam turbines, prior to January 12, 1918, had entered into thirteen written contracts with various firms and corporations for the manufacture of steam turbine propulsion units for ships. In the early part of 1918, after petitioner had. commenced work under the contracts, the United States, acting through the Emergency Fleet Corporation, requisitioned these contracts, and advised the parties that it would rriake just compensation for the turbine equipment which the petitioner was required .to complete, and that the Emergency Fleet Corporation would assúme…