The Waco Aircraft Company (WACO) was founded in 1920 as Weaver Aircraft Company of Ohio. In 1928/29, the company changed its name to the Waco Aircraft Company. The company was a leader in the design of wood and fabric aircraft. Waco built open cockpit biplanes to private owners. The UPF-7 was built in greater quantity than any single Waco model that preceded it. As the PT-14 it was ordered by the U.S.Army for use as a trainer. Approximately 600 came out of the Troy, Ohio factory between 1937 and 1942. The UPF-7 was a continuation of the Waco "F" series which had been introduced with Model INF of 1930. The letter "U" identified the engine as the 220hp Continental VW-670-6A, the "P" identified the wing and fuselage design. The "F" reflected the principal design characteristics of the airplane.
The ICAO Aircraft Type Designator used for the Waco UPF-7 is WACF

On 11 August 1996, the 1940-built Waco UPF-7 N29353 was photographed at Flugplatz Oldenburg-Hatten (EDWH).

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