Transcribed from back of photo: "Howard Hughes in the cockpit of the new XF-11 reconnaissance plane which he designed and built in conjuntion with Air Material Command engineers. He is preparing for its first flight. One of the world's fastest long-range photo planes, it can attain a speed of over 400 miles per hour."
Howard Hughes in the Lockheed 14. Typed on a piece of paper attached to the image: "As Howard Hughes took off from Coast for flight east. Los Angeles, California-- The huge Lockheed "Flying Laboratory" of Howard Hughes, millionaire oil man and speed flyer, taking off from here for the flight to New York, from where he will take off for Paris. Credit Line (ACME) 7/4/1938."