Peter and Josh build a large foam airplane for Flight Fest, wanting it to survive a battle with 100 smaller RC airplanes. They use hot wire wings and 4 giant motors, but the first flight ends in a crash due to a tail-heavy balance. After repairs, the plane successfully takes flight and wins the battle, but overheated ESC's cause it to crash once again. Overall, it was still a successful project.
Here are the key facts extracted from the provided text:
1. They previously made a giant RC airplane with over 50 engines but it was a failure.
2. They are planning to build an even bigger airplane for a huge battle royale with smaller RC airplanes.
3. They are using hot wire wings and foam board for the airplane's construction.
4. The airplane has a wingspan of 32 feet.
5. They are using four giant monster motors for propulsion.
6. They had some issues with glue joints on the airplane's wings.
7. They successfully flew the airplane after some adjustments.
8. They participated in a combat event where smaller airplanes tried to bring down their giant foam airplane.
9. During the combat event, their airplane went down, possibly due to overheating ESCs (Electronic Speed Controllers).
10. The event concluded with the children playing with the wreckage of the airplane.
These facts provide a summary of the main events and details in the text without including any opinions or commentary.