Dynalectron Corporation - Specimen Stock Certificate

Specimen Stock printed by Security-Columbian Banknote Company. By 1961 California Eastern Aviation needed a new name to reflect the growing and diversifying company. The name "Dynalectron Corporation" was selected from 5,000 employee suggestions. In 1976 Dynalectron established headquarters in McLean, Virginia. Due to its growing size, the company restructured into four main operating groups: Specialty Contracting, Energy, Government Services, and Aviation Services. In the 30 years since the foundation of CEA, Dynalectron had acquired 19 companies in 30 years, had assets of $88 million, maintained a backlog of $250 million, employed 7,000, and had annual sales of $300 million.

In 1964, Dynalectron diversified into the energy services business with the acquisition of Hydrocarbon Research, Inc. Through this acquisition Dynalectron developed a process called H-Coal, which converted coal into synthetic liquid fuels. The work began to attract national attention with the Arab Oil Embargos of the 1970s. By the early 1980s Texaco, Ruhrkohle and Itochu were all marketing Dynalectron's H-Oil process.

Between 1976 and 1981 the company had two public stock offerings and acquired another 14 companies. By 1986 Dynaelectron was one of the largest defense contractors in North America. Read more at https://en.wikipedia.org/wiki/DynCorp