NY. Loral Corp., 1980 Odd Shrs Specimen Common Stock Cert., VF SC-USBN Purple

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Description
NY. Loral Corp., 1980 Odd Shrs Specimen Common Stock Cert., VF SC-USBN Purple. Loral Corporation was a defense contractor founded in 1948 in New York by William Lorenz and Leon Alpert as Loral Electronics Corporation. The company's name was taken from the first letters of each founder's surname. In the late 1960s, it was awarded many military contracts, including a .9 million U.S. Navy contract for Doppler navigation radar in 1965, a million contract from General Dynamics for advanced electronics for the U.S. Air Force F-111 airplane in 1969, and a .9 million contract for airborne countermeasures for the Phantom RF-4C reconnaissance plane. By the late 1960s, Loral specialized in radar receivers, which identified signatures of enemy radar systems on missiles and anti-aircraft guns.
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