Word: avionics
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Dates: during 1960-1969
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...Dayton's McCauley Industrial Corp. Foreign sales accounted for 19% of Cessna's private-plane airplane sales in 1960, and it expects even bigger foreign sales in the years ahead. To cash in on this market, Cessna last year bought a 49% interest in France's Avion Max Holste, which makes utility planes. Currently, it is negotiating with Argentina to set up a Cessna assembly plant there to help supply the South American market...