Lear Siegler Incorporated was created as a result of the 1961 merger between the Siegler Corporation (Los Angeles) and Lear Avionics Inc. (Santa Monica). John G. Brooks was the founder, President and Chairman of Siegler and William Lear was the founder; President and Chairman at Lear. The merger was based on Brooks' plan of acquiring and growing successful but possibly unrelated operating companies (with resources and management in common) into one of the first conglomerates (with a focus on aerospace, defense and consumer markets) and Lear’s goal of divesting his ownership interest in Lear to pursue development of his Learjet corporate aircraft (the first pure jet private aircraft)as well as other engineering innovations.
Lear Siegler was acquired along with EG&G Defense Materials Inc. by URS Corporation in Aug 2002.
Subject ID: 41655
MoreLear Siegler Incorporated was created as a result of the 1961 merger between the Siegler Corporation (Los Angeles) and Lear Avionics Inc. (Santa Monica). John G. Brooks was the founder, President and Chairman of Siegler and William Lear was the founder; President and Chairman at Lear. The merger was based on Brooks' plan of acquiring and growing successful but possibly unrelated operating companies (with resources and management in common) into one of the first conglomerates (with a focus on aerospace, defense and consumer markets) and Lear’s goal of divesting his ownership interest in Lear to pursue development of his Learjet corporate aircraft (the first pure jet private aircraft)as well as other engineering innovations.
Lear Siegler was acquired along with EG&G Defense Materials Inc. by URS Corporation in Aug 2002.
Subject ID: 41655
Subject ID: 41655