NARCO Avionics In Liquidation

Gemini Sparkle

Key Takeaways:

  • NARCO, an iconic avionics company established in 1945, has closed its operations and is reportedly in bankruptcy due to "circumstances beyond their control."
  • A trustee will be appointed to oversee the liquidation of the company's assets and facilitate the return of customer property, such as radios sent for service.
  • The closure raises significant concerns about the future support for the tens of thousands of NARCO radios currently in use worldwide, prompting questions about potential acquisition by another avionics firm or the sale of assets in pieces.
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NARCO, an iconic company that started making avionics long before they were called avionics, has closed and is apparently in bankruptcy. The company, which started in 1945, has darkened its website except for one page, which contains this message: “Due to circumstances beyond our control, we regret to inform you that after over 65 years in business, Narco Avionics, Inc. has closed. A trustee will be appointed shortly to oversee liquidation of assets and assure return of Customer’s property, such as Customer’s Radios sent to Narco for service, as soon as possible. We are extremely sorry for the inconvenience this causes and thank all loyal Narco Customers, around the world, for their loyalty over all of these years! Please monitor this web site as informational updates will be provided as soon as possible.”

There are tens of thousands of NARCO radios in use around the world and NARCO also built hardware for other companies to sell under their own nameplates. Since the company is being liquidated, it raises the question of whether another avionics firm will snap it up or if it will be sold in bits and pieces, raising serious questions about future support of existing products.

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