AVIONICS
Lear Jet Expands Varied Avionics Effort
Wichita—Lear Jet Corp.’s recent decision to set up an avionics division at Grand Rapids, Mich., has prompted considerable industry speculation. For this is the same city where William P. Lear two decades ago expanded a small avionics operation into a $92 million per year company, before selling it to get capital for his venture into the executive jet field.
By Philip J. Klass6 min