Bill:
I can't answer your question directly, but I am cross-posting to rec.models.rockets, where (according to Google) there has been some discussion of this rocket over the last several years. Also, I did a quick search on SCOUTS-L and didn't find anything in the archive. You might consider posting your question there:
Fred Goodwin Alamo Area Council
Recently on another message board, questions were asked regarding
> the history of an old Cub Scout model rocket kit that was offered
> through scouting retailers back in '70's. The rocket was called the
> Akela-1 and was sold as the official Scout model rocket in much the
> same way that the Pinewood Derby cars were sold and continued to be
> sold today. Does anyone have any information regarding these kits?
> We're hoping to find a color photo of one, but so far we've only been
> able to come up with a small B & W shot. Does anyone know if there is
> a collectibles market for old scouting memorabilia? I'd appreciate
> any information that anyone could provide. (A lot of us are old
> scouts turned born again rocketeers and would like to build a copy of
> the Akela-1 to commemorate our years in scouting and rocketry.)