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Loral Corporation

Loral Corporation was a small Bronx defense contractor on the verge of bankruptcy in 1972 before it was acquired by Bernard Schwartz, who over the course of the next two decades built it into a major player in the global aerospace and defense industry, acquiring 16 other defense and aerospace companies. In 1995, Loral had $5.5 billion in revenue. Wikipedia*

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Loral Corporation was a small Bronx defense contractor on the verge of bankruptcy in 1972 before it was acquired by Bernard Schwartz, who over the course of the next two decades built it into a major player in the global aerospace and defense industry, acquiring 16 other defense and aerospace companies. In 1995, Loral had $5.5 billion in revenue..

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