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On December 31, 1985, General Motors merged Hughes Aircraft with its Delco Electronics unit to form Hughes Electronics Corporation, an independent subsidiary. The group then consisted of: Delco Electronics Corporation and Hughes Aircraft Company.
In 1985, GM purchased Hughes Aircraft and merged it with Delco Electronics to form Hughes Electronics Corporation, an independent subsidiary. Indy 500. In 1993, Gary W Dickinson was appointed CEO of Delco Electronics.
raytheon.com (Archived) The Raytheon Company was a major U.S. defense contractor and industrial corporation with manufacturing concentrations in weapons and military and commercial electronics. It was previously involved in corporate and special-mission aircraft until early 2007. Raytheon was the world's largest producer of guided missiles. [3]
Nov 12, 2016 · Jack Fisher. Hughes Aircraft Company was established in 1932 under the umbrella of the Hughes Tool Company to support Howard Hughes’ interest in aviation. His early success with the H-1 racer brought respect to the handful of designers and craftsmen who worked for the Company.
Hughes Aircraft, under General Motors, merged with Delco Electronics to form Hughes Electronics Corporation, which later formed Hughes Network Systems in 1987 and introduced DirecTV in 1994. In 2003, Hughes Electronics, Hughes Network Systems and other remaining electronics subsidiaries were purchased by NewsCorp and renamed The DirecTV Group.
Hughes Aircraft and Delco are now owned, respectively, by Raytheon and Delphi. Early History As Hughes Aircraft Hughes Electronics was formed in 1985 as GM Hughes Electronics, a company put together by General Motors.
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The Hughes Aircraft Company was sold to General Motors for $4 billion, the proceeds of which funded the Howard Hughes Medical Institute in Chevy Chase Maryland, and is now the wealthiest charitable trust in the world with assets of nearly $13 billion.
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