Transcribed from attached press release: "Howard Hughes, right, noted aircraft designer and industrialist is shown for the first time on the flight deck of the famed Hughes flying boat, which he designed and built. It is the largest airplane in the world. The plane is now nearing completion on Terminal Island, in Los Angeles-Long Bay Harbor, May 12, 1947." Los Angeles Harbor is now known as Long Beach Harbor, California.
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."