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Avco Corporation is a subsidiary of Textron which operates Textron Systems Corporation and Lycoming. ==Brief history== Investors Sherman Fairchild provided capital to prevent a takeover of CAM-24 operator Embry-Riddle Company by Clement Melville Keys who planned on buying Curtiss aircraft rather than Fairchild's. With capital from Fairchild, George Hann, the Lehman Brothers, and W.A. Harriman, the Aviation Corporation was formed on March 2, 1929 as a holding company tasked with acquiring small airlines. By the end of 1929, it had acquired interests in over 90 aviation-related companies. In January 1930, the board broke off the airlines into Colonial and Universal Air Lines. Universal Air Lines name was changed to American Airways, the predecessor of American Airlines. The company was required to divest American Airlines in 1934 due to new rules for air mail contracts. The Aviation Corporation ranked 32nd among United States corporations in the value of World War II production contracts.〔Peck, Merton J. & Scherer, Frederic M. ''The Weapons Acquisition Process: An Economic Analysis'' (1962) Harvard Business School p.619〕 The Aviation Corporation later changed its name to Avco Manufacturing Corporation, and then, in 1959, to Avco Corporation. In 1984 Avco was purchased by Textron.〔 (Textron Systems History ), 1984 History, "''Textron acquires Avco, including Lycoming, to become Avco Systems Textron''", 2010, accessed 2010-11-27.〕 Avco's affiliated company, Avco Financial Services, was spun off to Associates First Capital in 1998, which itself was acquired by Citigroup in 2000. 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Avco」の詳細全文を読む スポンサード リンク
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