Loral Corporation

Loral Corporation was a small Bronx defense contractor on the verge of bankruptcy when in 1972 it was acquired by Bernard Schwartz, who over the course of the next two decades built it into a major player in the global aerospace and defense industry, acquiring sixteen other defense and aerospace companies. In 1996 Loral sold its defense electronics and system integration businesses to Lockheed Martin; its remaining units became became Loral Space & Communications. (The following year, several of those former Loral units were sold by Lockheed Martin to become the core of L-3 Communications.)

History

Other acquisitions

  • Fairchild-Weston
  • LTV Missiles
  • Solartron

Other past units

 

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