By 1947, Temco owned Globe Aircraft and in 1949 had modified one Swift GC-1B into a tandem two seat low cost military trainer. When the USAF held a competition for a new basic trainer in 1950, Temco added a few improvements and built two more aircraft for the competition designated YT-35 Buckaroo. The USAF bought the Beechcraft T-35 and the three Temco aircraft were eventually sold as surplus. This Buckaroo was originally 50-0740.

The TE-1 Buckaroo was developed from the basic Temco GC-1 Swift design as a tandem two-seat trainer. A few were bought by the USAF as the T-35A, but no other contracts were placed. A small number went to the Saudi AF. This is a rare survivor of the type.