In 1961 Sherman Fairchild

Sherman Fairchild

Sherman Mills Fairchild was an inventor and serial entrepreneur who founded over 70 companies namely Fairchild Aircraft, Fairchild Industries, Fairchild Aviation Corporation and Fairchild Camera and Instrument. Fairchild made significant contributions to the aviation industry and was inducted into...

 formed the Fairchild Stratos Corporation ( operating division; subsidiaries and affiliates: Aircraft Missiles Division, Aircraft Service Division, Electronic System Division, Stratos Division, Fairchild Arms International Ltd., Fairchild Aviation (Holland) N.V., and Aerotest Laboratories, Inc.) The successor company was the Fairchild Hiller Corporation in 1964.