Narco Acquired By International Avionics
International Avionics Inc., a Delaware corporation, has acquired what it says is the oldest general aviation electronics manufacturer in the world, Narco Avionics Inc. All operations at Narco's Fort Washington, Pa., facilities "will continue as they are," according to a Narco release. Narco says that all its customer service, support and dealer network functions will continue to be fully supported and new product research and development will continue at "maximum effort." Alan Hanks, CEO of International Avionics Inc., was employed by Narco in 1967 as regional sales manager, served as president of Narco from 1994 to 1998, and has served more recently as a consultant. Hanks holds commercial and instrument ratings and has logged more than 18,000 hours. Narco was originally incorporated November 11, 1945, and will celebrate its 63rd birthday this year.