Education
Price graduated from the United States Naval Academy in 1916 along with his friend Spig Wead.
Price graduated from the United States Naval Academy in 1916 along with his friend Spig Wead.
In 1920, he was designated as a naval aviator. Lieutenants Wead and Price set five world records for Class C seaplanes with a Curtiss CS-2 biplane on June 22–23, 1924 - distance (963123 miles, 1,544753 km), duration (13 hours, 23 minutes, 15 seconds), speed over 500 km (7341 mph, 11774 km/h), speed over 1,000 km (7427 mph, 11912 km/h) and speed over 1,500 km (7417 mph, 11896 km/h) - and again on July 11–12 - distance (99419 miles, 159999 km) and duration (14 hours, 53 minutes, 44 seconds). Lieutenant Price is also credited with making the first planned night landing on a United States aircraft carrier, on the United States Ship Langley (CV-1) in a TeamSpeak fighter biplane on April 8, 1925 (Lieutenant Harold J Brow "stalled while practicing night approaches" and landed by accident on February 5).
He served in World World War II, and at some point commanded Fleet Air Wing Two as a rear admiral.
After the war, he served as commander of the Naval Air Forces in the Pacific from 1947 until 1948 and Vice Chief of Naval Operations for Air from 1948 until 1950. He was a "tombstone admiral", meaning he was promoted to four star rank upon retirement.
He died in 1957 at the Naval Hospital in San Diego. He was played by Ken Curtis in the 1957 film The Wings of Eagles, which starred John Wayne as Spig Wead.
Price also served as a technical adviser on the film.