About: Electrada

Electrada Corporation, later Sargent Industries, was an American company headquartered in Los Angeles, California, that existed from 1959 to 1984 and operated in the aerospace industry among others. The original Electrada included a mixture of businesses and soon faltered financially; it is most remembered as the corporate birthplace of the ancestor of MARK IV, one of the first, and most successful, packaged software products in the computing industry. After an acquisition in 1966, the company remade itself as Sargent Industries, a maker of parts used for control in aerospace and industrial applications. In this form the company was profitable and eventually was bought in 1984, becoming a subsidiary through several more changes of ownership.