In 1961, the Air Force developed a plan to consolidate its Space Systems Division and the Research and Development (R&D) Center of The Aerospace Corporation, which had been created in 1960 to support Air Force space programs. The plan involved acquisition of two pieces of real estate adjoining the R&D Center. An aircraft plant owned by the Navy, at the northwest corner of Aviation and El Segundo Boulevards, was transferred to the Air Force in October 1962. Another site, at the southwest corner of the same intersection, was owned by a mining company. The Aerospace Corporation acquired that site in November 1962 and built its new headquarters there between February 1963 and April 1964. By April 10, 1964, the Air Force property at the intersection of Aviation and El Segundo Boulevards was designated as Los Angeles Air Force Station, which was re-designated Los Angeles Air Force Base in September 1987.