Conspiracy Based Stock Investing? The Bolschwing, Maxwell, GEC Marconi, and Hughes Strategies based on my reading on Operation Paperclip and the ACZS Network by Quinton Mitchell

Opening scene to the film Michael Clayton

Disclaimer: I simply made this because I am fascinated in how the world works. What is going on, etc. What is happening in industry or discovering industries that I did not know exists. This is not financial advice. In no way am I telling or trying to convince any reader of this post (or any watcher of any video about this post), to buy or sell stocks or any other financial instrument associated with these or related companies. Once again, this is not financial advice. Please seek professional financial consultation. I am not a professional financial advisor, stockbroker, bond trader, estate planner, or any related occupation. The purpose of this post (or videos I create related to it) is for educational purposes and to enhance historic awareness based on my own independent research, which I so happen to be sharing in the public domain. Always seek professional financial advice. My current understanding of certain terms or acronyms might not be accurate.

Definitions: Grey Market (, Unsponsored ADR, i.e., Unsponsored American Deposit Receipts,  (, ADRs, i.e., American Deposit Receipts (, OTC, i.e., Over-the-Counter (Pink Sheet equities) ** Note: Many of the firms listed in this post are sold on the NASDAQ, NYSE, London Stock Exchange, Euronext Paris, etc., however, many foreign companies can typically only be bought in the USA via the OTC market but also on exchanges, usually but not always via ADRs, Unsponsored ADRs, SHS, i.e., shares, or ORD, i.e., ordinary shares, etc.) Consult a financial expert more information (see my disclaimer statement).  

Forward: There is a common trend here which is the technetronic sphere, i.e., where the supply chain surrounding defense, telecommunications particularly satellites, etc. These industries are vital for the emerging 5G revolution but also simply keeping the world connected. The definition of technetronic is an adjective meaning pertaining to or characterized by cultural changes brought about by advances in technology, electronics, and communications: a technetronic era. The word itself shines light on Zbigniew Brzezinski’s 1970 book, Between Two Ages: America’s Role in the Technetronic Era., which states according to (n.d.), “The technetronic era involves the gradual appearance of a more controlled society. Such a society would be dominated by an elite, unrestrained by traditional values. Soon it will be possible to assert almost continuous surveillance over every citizen and maintain up-to-date complete files containing even the most personal information about the citizen. These files will be subject to instantaneous retrieval by the authorities.”, and “In the technetronic society the trend would seem to be towards the aggregation of the individual support of millions of uncoordinated citizens, easily within the reach of magnetic and attractive personalities exploiting the latest communications techniques to manipulate emotions and control reason.”

MAXWELL STRATEGY (MEDIA AND IT/SOFTWARE):  (DIRECT) Apollo Management Group (NYSE: APO) , RELX PLC, i.e., Reed Elsevier (LSE: REL), Viacom CBS (Nasdaq Class A: VIACA; Nasdaq Class B: VIAC; S&P 500 component (VIAC); Russell 1000 Index component (VIACA), Reach PLC (LSE: RCH), Future PLC (LSE: FUTR), Pearson PLC (NYSE: PSO), Benesse Corporation (BSEFF, BSEFY). (INDIRECT) Comcast (NASDAQ: CMCSA), Adobe Inc. (NASDAQ: ADBE), Autodesk (NASAD: ADSK), and Microsoft (NASDAQ: MSFT), Disney(NYSE: DIS), (NASDAQ: FOXA and FOX)

This is the Maxwell Strategy at Market Close on 10/28/2020. Note, the markets overall were read and this list is for informational purposes. Note: I am not a financial adviser. In no way am I liable for your own financial decisions.

GEC MACRONI STRATEGY: Ericsson as ERIC and ERIXF (acquired parts of Marconi Communications, i.e., Marconi PLC., and Ericsson owns the name rights), Telent (acquired parts of Marconi Communications, i.e., Marconi PLC), BAE Systems as BASY and BAESF (British Aerospace bough General Electric Company’s, GEC, defense arm to create BAE Systems), TransDigm as TDG (acquired Esterline Technologies which is subsidiary, in which Esterline Technologies was parent to CMC Electronics, i.e., Canadian Marconi Company), Alstom S.A. as ALSMY (formed when parts of GEC merged with Alstom), Osram (formed from GEC and Osram falls are ams AG as AMSSY and AUKUF), Otis as OTIS (acquired parts of GEC. Interesting fact that Otis bought parts of United Technologies which appears in the Bolshwing Fthenakis section), Cobham (Marconi Instruments was sold to IFR Systems which was then sold to Aeroflex but then sold to Cobham but then parts of this were sold by Cobham to Viavi Solutions as VIAV which interestingly makes sensors for Microsoft connect and Microsoft will appear in the Maxwell and Bolschwing Fthenakis section, but Cobham was bought by private equity firm Advent International), Leonardo SpA (via GEC’s radar merger with Leonardo’s as FINMY and FINMF predecessor, Finmeccanica). 

This is the GEC Marconi Strategy at Market Close on 10/28/2020. Note, the markets overall were read and this list is for informational purposes. Note: I am not a financial adviser. In no way am I liable for your own financial decisions.
The Markets at Closing Bell on 10/28/2020. The market had a lot to deal with such as COVID-19, the Election, etc.

BOLSCHWING & FTHENAKIS STRATEGY (IT, DEFENCE, PHAMRA, MATERIALS, AERONAUTICS EQUIPMENT SUCH AS TRANSPONDERS, ETC.): (Pfizer, stock symbol PFE), (Cabot Corporation. NYSE symbol CBT), (Lockheed Martin, stock symbol LM), (Martin Marietta Materials, symbol MLM), (London Stock Exchange, EXPN  but as EXPGY and EXGPF), ZF Friedrichshafen (owned by the Zeppelin Foundation), Northrop Grumman (NYSE symbol NOC), and Goodrich Corporation (sold to United Technologies Corporation UTX [sold to Raytheon and other parts rolled off into Otis Worldwide Corporation, OTIS, and Carrier Global Corporation, CARR], and the tire division sold to Michelin, where Michelin’s stock symbols are SCA on Euronext Paris and MGDDY and MGDDF in the USA), (NSYE symbol JPM), (First National Bank of Boston was acquired by Bank of America, NYSE BAC), (Royal Dutch Shell, NYSE symbol RDS.A and RDS.B), (Elbit Systems, NASDAQ Symbol: ESLT), (ON Semiconductor, NASDAQ: ON), (International Telephone and Telegraph, NYSE symbol ITT), (LGHarris, NYSE stock symbol is LHX), (Xylem Inc, NYSE symbol is XYL), (Telefonica S.A., NYSE symbol TEF), (AT&T, stock symbol, T), (Thales North America, THLLY and THELF), (SAIC, i.e., Science Applications International Corp, NYSE as SAIC), PricewaterhouseCoopers (private – one the Big 4 accounting firms), Aerospace Engineering, Sunhillo Corporation (not listed:, Comsearch (not listed:, (MCS of Tampa, i.e., Mission Critical Systems, not listed, (Pragmatics, not listed,, (Washington Consulting Group, not listed,,  (Aviation Communications and Surveillance Systems, i.e., ACSS, a joint venture between LGHarris and Thales), (Sandia Aerospace, not listed,,  and (NCR Corporation, stock symbol NCR)

HOWARD HUGHES STRATEGY (SATELLITE COMMUNICATIONS, REAL ESTATE, DEFENSE, MANUFACTURED FINISHED PARTS AND INDUSTRIAL EQUIPMENT): Raytheon (NYSE, RTX), AT&T (NYSE, T), Delta (NYSE, DAL), L3 Harris (LHX), Boeing (NYSE, BA), American Airlines AAL (absorbed TWA), GM, Baker Hughes (NYSE, BKR), (Palomar Technologies, not listed,, (Nexstar Media Group, NASDAQ NXST), Venetian and Sands Casinos (NYSE, LVS), (Intelsat, OTC Pink, INTEQ), Howard Hughes Corporation (NYSE, HHC), (Echostar, NASDAQ, SATS) and (Dish Network, which operates Boost Mobile in the USA, NASDAQ as DISH) via parts of Hughes Network Systems, (Ligado Networks, formerly Skyterra, formerly Hughes Network Systems, which is not listed, Orange S.A., via Globecast which owned Hughes Sports Network before being re-acquired in 2003 by Joseph M. Cohen and in 2013, HSN merged with Switch TV which provides equipment for video and audio services for sports broadcasting** These don’t even include the private equity firms who might control portions of his former companies.


Main Companies today: (Directly) Apollo Management Group (NYSE: APO) , RELX PLC, i.e., Reed Elsevier (LSE: REL), Viacom CBS (Nasdaq Class A: VIACA; Nasdaq Class B: VIAC; S&P 500 component (VIAC); Russell 1000 Index component (VIACA), Reach PLC (LSE: RCH), Future PLC (LSE: FUTR), Pearson PLC (NYSE: PSO), Benesse Corporation (BSEFF, BSEFY)

(Indirectly, i.e., attempted buys which failed by Maxwell or illicit use of software, etc.) Comcast (NASDAQ: CMCSA) which acquired Armstad under its Sky Group in which Armstad was owned by Sinclair Research and Maxwell attempted to but their PC division, Adobe Inc. (NASDAQ: ADBE), Autodesk (NASAD: ADSK), and Microsoft (NASDAQ: MSFT) via Maxwell’s Mirror Groups illicit use of their software. Disney (NYSE: DIS) via their acquisition of 21st Century Fox of Fox (NASDAQ: FOXA and FOX) owned by Rupert Murdoch in which Murdoch successfully acquired the News of the World paper from the Carr Family over Maxwell.

Maxwell Communication Corporation > in 1991 after his death the assets were sold to McGraw Hill which is one of the Big 3 Educational Book Publishers (now owned by Apollo Management Group), Reed Elsevier, and Simon & Schuster (subsidiary of Viacom CBS).

The Mirror Group, i.e., Pergmaon Holdings > The Mirror Group was a newspaper and media firm which owned the Daily Mail and Daily Mirror, which were founded in the early twentieth century by Lord Rothermere and his brother Lord Northcliffe. Lord Rothermere was British fascists and elite who may have ties to the infamous Cliveden Set of Lady Astor who purportedly had sympathies for Hitler and Lord Rothermere had relations with Nazi spy, Stephanie Hohenlohe, where Stephanie herself was reported as being of Jewish ancestry and sired a child with a member of the Habsburg Family thus making her a few degrees of separation removed from the events that led to Word War I with the assassination of Archduke Franz Ferdinand and WW2 such as the Neville Chamberlain appeasement of Hitler. Interestingly, loosely linking the Maxwell’s interests in technology, in the 1980s over 25 scientists in Europe working for GEC Marconi died under mysterious circumstances working on the Star Wars Program, i.e., the Strategic Defense Initiative, which fell under Secretary of Defense Caspar Weinberger under Ronald Reagan. Weinberger would later go to set up the Rothermere American Institute in…. Oxford with Bill Clinton, a former Rhodes Scholar. So…. Maxwell’s were based in Oxford even owning Oxford United, Oxford has a strong legacy of intel agents with MI5, Caspar Weinberger sets up a policy think tank in Oxford, and Robert Maxwell acquired papers created by the Lords Rothermere where their name was used by Caspar Weinberger… The Mirror Group now goes by Reach PLC which publishes over 83 print publications. In 1991 the company was due to be investigated via an Anton Piller order for alleged theft of software from companies including Adobe Inc., Autodesk, and Microsoft., Action was delayed as it coincided with the death of Robert Maxwell.

IPC Media > bought in 1987 by Maxwell > became TI Media which is now owned by Future PLC which publishes more than 50 magazines in fields such as video games, technology, films, music, photography, home, and knowledge.

Pentice Hall > s an American major educational publisher owned by Pearson plc. Pearson plc purchased the education division of Simon & Schuster (including Prentice Hall and Allyn & Bacon) from Viacom.

Berlitz Corporation > is a Japanese-owned language education and leadership training company, which is based in Princeton, New Jersey. The company was founded in 1878 by Maximilian Berlitz in Providence, Rhode Island in the United States. Berlitz Corporation is now a member of the Benesse Group (also known has Benesse Corporation or Benesse Holdings Company), a Japanese company, with more than 547 company-owned and franchised locations in more than 70 countries

MTV Europe > Maxwell owned a 50% stake in MTV Europe (meaning ties to the music industry of course). MTV is now owned by ViacomCBS Domestic Media Networks falling under Viacom CBS in the same division hilariously as Mirage Studios which gave us Teenage Mutant Ninja Turtles.

Sinclair Research > Sinclair was kind of like the Apple of the UK. Maxwell attempted to buy their personal computer division in 1985 through his Pergamon company but the deal was aborted in 1985 > Sinclair Research was later sold to Amstrad which falls under Sky Group which falls under Comcast (which owns NBCUniversal, etc.) and Armstad’s current role is making satellite receivers since Sky was able to in-source this needed equipment thus cutting out middle-men in hardware, which is a similar business model that Comcast employs itself, i.e., owns hardware but also media content. But Armstad just exists as name, not really a company anymore.



TCI Corporation is one of the earliest companies to be involved in the military transfer of technology to private business via relationships such as joint ventures which helped to lay the foundation for Silicon Valley. TCI corporation essentially was involved with GPS (Geo-spatial Positioning Systems) and the internet, but associated companies via Otto Von Bolschwing’s business ties, spanned specialties such as aerial cameras, lunar and outer-orbit cameras such as those made by Fairchild Corporation, ITT’s vast conglomerate ties, Pfizer pharmaceuticals, Cabot Corporations carbon materials, but also these corporate ties link what was going on in Silicon Valley to NASA, Jack Parson’s Jet Propulsion Lab, Howard Hughes’ vast array of companies, and even Elon Musk’s SpaceX company. This is the “grid”. The satellites, cameras, internet, research centers, silicon chip manufacturers, etc. It is also important to note that Venrock Capital (Venture Rockefeller) via Laurence Rockefeller (who was obsessed with UFOs and donated to Princeton’s Paranormal Engineering Anomalies Research Lab) donated the seed money to Apple and Intel. It sounds fantastical but it is true.

According to (n.d.) the Trans-International Computer Investment Corporation, was founded on 15 May 1969 (Company Number: 713126) and was registered in Delaware. Delaware is important because it was a Delaware Corporation which is a type of tax-loophole where businesses register in Delaware but can operate business anywhere in the United States but not pay taxes. Instead, they pay a franchise tax to the state of Delaware. Many Delaware Corporations are nothing more than PO Mailboxes, but the businesses set up their incorporation, trademarks, etc., with these boxes, but the real business making money elsewhere is considered subservient to the “mailbox”. It is very confusing, but it works.

Der Spiegel (2011) stated, “In 1965, Barbie was recruited by the West German foreign intelligence agency Bundesnachrichtendienst (BND), under the codename “Adler” (Eagle) and the registration number V-43118. His initial monthly salary of 500 Deutsche Mark was transferred in May 1966 to an account of the Chartered Bank of London in San Francisco. During his time with the BND, Barbie made at least 35 reports to the BND headquarters in Pullach”. Further, Klaus Barbie according to Wolfe (2001) stated that in 1947, Barbie was recruited as an agent for the 66th Detachment of the U.S. Army Counterintelligence Corps (CIC) and the CIC asserted that Barbie knew too much about the network of German spies the CIC had planted in various European communist organizations, and were suspicious of communist influence within the French government, but their protection of Barbie may have been as much to avoid the embarrassment of having recruited him in the first place (end quote). “Vom Nazi-Verbrecher zum BND-Agenten”. Der Spiegel (in German). 19 January 2011. Retrieved 22 January 2011.

The next quotes are from Pete Carey (1981) of the San Jose Mercury News, (1) “In December 1953, von Bolschwing applied to immigrate to the United States, and on February 2, 1954, he arrived in this country. After obtaining several menial jobs, he became a citizen in 1959 and his career took a sudden upward turn”, (2) “He became an assistant to the director of international marketing at Warner Lambert Pharmaceuticals Co., developing close ties to the company’s president, the late Elmer Bobst, and its honorary board chairman, former New Jersey Gov. Alfred Driscoll, according to a close associate.”, (3) “By the mid 1960’s, von Bolschwing had become an executive with Cabot Manufacturing. As chief financial officer for its German subsidiary, he developed a $50 million carbon black for Cabot in Germany, (4) “The deal was financed through Thomas Franzioli, senior vice president for the First National Bank of Boston, Franzioli recalls that von Bolschwing then branched out on his own”, (5) In March 1969 von Bolschwing got a job in high technology. He was retained as an international business consultant by TCI, the Sacramento firm. The company planned to commercialize on technology development in the Silicon Valley and used a few years earlier to monitor troop movements in the 1967 Arab-Israeli war according to the firm’s founder, Oswlad S. Williams.

TCI’s subsidiaries in Palo Alto and Mountain View, Advanced Information Systems and International Imaging Systems, were developing a high-volume computer network for business and a navigation system for oil tankers using satellite communications, Williams said.”, (6) “His contacts include officials of the German branch of Chase Manhattan Bank and an owner of the Berliner Handels Gesellschaft in Frankfurt, one of Europe’s largest banks, the memo said.”, (7) “TCI’s high powered directors – one was J. Paul Getty Jr. son of the oil billionaire – thought enough of von Bolschwing to make him the firm’s president in 1970.”, (8) ““He seems like a very polite and cultured person,” said Walter F. Leverton, former vice president for satellite systems of the Aero-space Corp. Leverton sat on the board of TCI.”, (9) “Justice Newsom, who traveled as a TCI attorney with von Bolschwing in Europe in 1969–70, and said von Bolschwing alluded to wartime work for the Americans.”, (10) “Emanuel Fthenakis (Fairchild Corp. senior vice president.), who had resigned an International Telephone and Telegraph vice-presidency to sign with TCI, also traveled with von Bolschwing in Europe, meeting his banking and industry contacts.”, (11) “Records and interviews with TCI officials indicate that Helene von Damm, President Regan’s Austrian born, deputy assistant, translated some German contracts for TCI and invested $1,000 in it while she was than Gov. Regan’s secretary in Sacramento.”, (12) “In 1970 TCI ran into trouble with the Department of Corporations, Several major stockholders were syndicating its stock, selling it to small investors in Sacramento. The Department of Corporations suspended trading in TCI stock, and in 1972 the Sacramento District Attorney’s office prosecuted several stockholders, calling it “possibly the biggest stock fraud in California history.””


Warner–Lambert, associated with Otto Von Bolschwing (now Pfizer, stock symbol PFE) was an American pharmaceutical company. Formerly two separate entities, the first company was started in 1856, when William R. Warner founded a drug store in Philadelphia. Warner went on to invent a tablet coating process gaining him a place in the Smithsonian Institution. The second half of the name came from Jordan Wheat Lambert, founder of the Lambert Pharmaceutical Company of St. Louis, famous for Listerine. The two companies merged in 1955, to form Warner–Lambert. In February 2000, Pfizer bought Warner Lambert along with all its subsidiary companies.

Cabot Manufacturing associated with Otto Von Bolschwing (now Cabot Corporation. NYSE symbol CBT) is a chemical company specializing in carbon black, ink jet colorants, aqueous inkjet colorants (which it created), and aerogels, etc., and it was founded by Godfrey Lowell Cabot, whose grand-dad was Samuel Cabot Jr. (1784–1863) who was an American businessman in the early-nineteenth-century China Trade, a member of the wealthy and prominent Cabot family. It’s important to note that China Trade was the Opium Trade, and families associated with this were the Forbes Family (Presidential candidate and Secretary of State, John Forbes Kerry is of this family), but also the Russell Family where William Huntingdon Russell founded Skull & Bones at Yale, and the Russell Trust is managed by Brown Brothers Harriman & Co. Website. Cabot specialized in Carbon black which is mainly used as a reinforcing filler in tires and other rubber products. In plastics, paints, and inks, carbon black is used as a color pigment. It is a material produced by the incomplete combustion of heavy petroleum (Oil. Who owned oil? Rockefellers, Getty’s, 7 Sisters, etc., i.e., oil is needed for most products and these creates the industrial cabals) products such as FCC tar, coal tar, or ethylene cracking tar.

The Aerospace Corporation (nonprofit), i.e., The Ramo-Woodbridge Corporation (TRW) associated with Otto Von Bolschwing is an American California nonprofit corporation that operates a federally funded research and development center (FFRDC) headquartered in El Segundo, California. This company was involved in the ICBM Atlas Project, NASA Project Mercury on getting astronauts into space before Russia but also the Gemini Program coming before the famous Apollo Mission, the Titan Program with Martin Marietta (later Lockheed Martin, stock symbol LM, with the material based department, Martin Marietta Materials, symbol MLM, being spun off as its own company). The corporation provides technical guidance and advice on all aspects of space missions to military, civil, and commercial customers. As the FFRDC for national-security space, Aerospace works closely with organizations such as the United States Air Force Space and Missile Systems Center (SMC) and the National Reconnaissance Office (NRO) to provide “objective technical analyses and assessments for space programs that serve the national interest”. Although SMC and NRO are the primary customers, Aerospace also performs work for civil agencies as well as international organizations and governments in the national interest. The Aerospace Corporation traces roots to the Ramo-Wooldridge Corporation (went by TRW) and this company was founded in 1901 and it lasted for more than a century until being acquired by Northrop Grumman in 2002. TRW worked with Hughes Aircraft linking this to Howard Hughes. Overton (2013), stated, “Bill Gates, who got his first big break—while only 15—debugging grid control software for TRW.” (Microsoft, stock symbol, It spawned a variety of corporations, including Pacific Semiconductors, The Aerospace Corporation, Bunker-Ramo and Experian (London Stock Exchange, EXPN). Its automotive businesses were sold off by Northrop Grumman as TRW Automotive, which is now part of ZF Friedrichshafen. TRW veterans were instrumental in the founding of corporations like SpaceX. In summary this company, not to be confused with the still existing Aerospace Corporation, still lives as TRW Automotive owned by ZF Friedrichshafen (owned by the Zepplin Foundation), Northrop Grumman (NYSE symbol NOC), and Goodrich Corporation (sold to United Technologies Corporation, and the tire division sold to Michelin, stock symbols, UTX and SCA on Euronext Paris, and MGDDY and MGDDF in the USA)

Berliner Handels Gesellschaft associated with Otto Von Bolschwing was a German industrial bank associated with the Nazis and the Reichmark which after WW2 merged Frankfurt Bank to create the still existing private bank of BHF-Bank, known as Oddo BHF Aktiengesellschaft in Frankfurt. 

Chase Manhattan Bank is now owned by JP Morgan as JP Morgan Chase (NSYE symbol JPM)

First National Bank of Boston was acquired by Bank of America (BAC)

Getty Oil (private company) associated with Otto Von Bolschwing with roots back to John Paul Getty who became rich by opening Saudi and Kuwaiti oil to the world. It still around today but it was sold in a historical court battle between Texaco and Pennzoil with Pennzoil coming out on top and Pennzoil is a subsidiary of Royal Dutch Shell (NYSE symbol RDS.A and RDS.B). Now it operates mainly as gas stations in the Northeast of the USA. A subsidiary, Getty Petroleum Marketing was sold to Lukoil in 2000, the second largest gas company but this was sold to investment house, Cambridge Securities LLC., but the name of Getty Oil was at one point more recently owned an Australian firm, Westerhoudt AG, run by Olaf Westerhoudt.   

Fairchild Corporation associated with Otto Von Bolschwing was as an aerospace company which was Fairchild-Hiller Corporation which became Fairchild Industries before Fairchild Corporation. The company invented the aerial camera such as the Fairchild F-1 Aerial Camera. Also, the Fairchild Lunar Mapping Camera (also known as the Metric Camera) for NASA. The camera was carried on Apollo 15, 16, and 17 and took photos from lunar orbit throughout the missions. Over 7,000 individual frames were captured by the Lunar Mapping Cameras, which resulted in the coverage of approximately 20% of the lunar surface. Fairchild Aircraft built the A-10 Thunderbolt and today the company exists as Israeli-based, Elbit Systems (NASDAQ Symbol: ESLT). Sherman Fairchild founded the company and his Fairchild Camera & Instrument Corporation; Semiconductor Division company played a defining role in the development of Silicon Valley. He held over 30 patents for products ranging from the silicon semiconductor to the 8-mm home sound motion-picture camera. Fairchild is also responsible for inventing the first synchronized camera shutter and flash as well as developing new technologies for aerial cameras that were later used on the Apollo Missions. Fairchild Camera & Instrument Corporation; Semiconductor Division is now ON Semiconductor (NASDAQ: ON)  

International Telephone and Telegraph (NYSE symbol ITT) associated with Otto Von Bolschwing is a conglomerate spanning multiple industries from telecommunication, night vision googles, etc. It’s brand Exelis was bought by Harris Corporation which is now LGHarris (NYSE stock symbol is LHX) which is the 6th largest defense contractor specializing in provider that produces C6ISR systems and products, wireless equipment, tactical radios, avionics and electronic systems, night vision equipment, and both terrestrial and spaceborne antennas for use in the government, defense, and commercial sectors. They specialize in surveillance solutions, microwave weaponry, and electronic warfare. ITT’s spin off Xylem Inc. (NYSE symbol is XYL) is a large American water technology provider, enabling customers worldwide to transport, treat, test and efficiently use water in public utility, residential, commercial, agricultural and industrial settings. Essentially it creates the technology and tools used a sewage treatment plants such as submersible pumps which includes sewage treatment plants, seawater handling, firefighting (since it is flame retardant cable), water well and deep well drilling, offshore drilling rigs, artificial lifts, mine dewatering, and irrigation systems.

ITT was associated with Otto Von Bolschwing via Emanuel Fthenakis (Fairchild Corp. senior vice president.), who had resigned an International Telephone and Telegraph vice-presidency to sign with TCI. ITT had ties to Nazis and Right-Wing regimes. As for the Nazis, On August 3, 1933, Hitler received in one of the first meetings with US businessmen Sosthenes Behn, then the CEO of ITT, and his German representative, Henry Mann. According to Sampson (1973), “ITT, through its subsidiary C. Lorenz AG, owned 25% of Focke-Wulf, the German aircraft manufacturer, builder of some of the most successful Luftwaffe fighter aircraft. In the 1960s, ITT Corporation won $27 million in compensation for damage inflicted on its share of the Focke-Wulf plant by Allied bombing during World War II.” 1970, ITT owned 70% of CTC (the Chilean Telephone Company, now Movistar Chile). Movistar is owned by Telefonica S.A. (NYSE symbol TEF). Democracy Now (2013) in a conversation stated the following, “ITT owned the telephone companies in Chile, owned the Sheraton Hotel. They were a very aggressive company in Latin America. And they decided they should have their own foreign policy, and they started pushing for meetings with the—with the CIA. It helped that they had on their board of directors a former CIA director, John McCone. And he was able to gain access to the CIA rather easily. There were more than 40 meetings between CIA officials and ITT officials.”.

Demerjian (2007) stated, “In 2007, ITT was awarded a $207 million initial contract by the Federal Aviation Administration (FAA) to lead a team to develop and deploy the Automatic Dependent Surveillance – Broadcast (ADS-B) system. ADS-B is a key component of the FAA’s NextGen air traffic control modernization program intended to increase safety and efficiency to meet the growing needs of air transportation. ITT is responsible for overall system integration and engineering and under contract options will operate and maintain the system after deployment through September 2025. The ITT team includes its partners AT&T (stock symbol, T), Thales North America, WSI, SAIC, PricewaterhouseCoopers (private – one the Big 4 accounting firms), Aerospace Engineering, Sunhillo, Comsearch, MCS of Tampa, Pragmatics, Washington Consulting Group, Aviation Communications and Surveillance Systems (ACSS), Sandia Aerospace and NCR Corporation (stock symbol NCR).”


Powerful companies that exists today that absorbed Howard Hughes’ companies/divisions are Raytheon (Hughes Aircraft which helped build the Galileo telescope, air-to-air missiles, NASA Lunar equipment, H-4 Hercules, stinger missiles), AT&T and DirectTV (Hughes Electronics), ACDelco (parts of Hughes Electronics after GM bought them)Delta (Hughes Airwest), L3 Harris (Hughes Microwave Tube Division), Boeing (Hughes Helicopter), Baker Hughes (Hughes Tool Company), Palomar Technologies (Howard  Aircraft Technology Products Division creating Automated Wire and Die Bonder equipment), Nextstar Media Group (acquired Hughes’ radio station, KLAS-TV, a CBS affiliate station), Venetian and Sands Casinos (the former Hughes properties were in part acquired by Sheldon Adelson, i.e., Trump’s megadonor), and Howard Hughes Corporation (a real-estate firm that builds master planned communities). Intelsat, (OTC Pink, ITEQ) via Hughes Electronics, but Hughes Electronics and the former company PanAmSat agreed to merge their fixed satellite services with Hughes Electronics as majority shareholder, but this evolved into Intelsat. (Echostar, NASDAQ, SATS) and (Dish Network, which owns Boost Mobile, NASDAQ, as DISH) descend from Hughes Network Systems, i.e., Hughes Communications. Hughes Network Systems, is a wholly owned subsidiary of Echostar today with Hughes’ focusing on Satellite high speed internet services typically helping government but also the developing world. Hughes Network System’s manufacturers BGAN (Broadband Global Area Network) Terminals such as the Hughes 9202. (Ligado Networks, formerly Skyterra, formerly Hughes Network Systems, which is not listed,

Sources on Bolschwing and ITT:

Carey, P. (1981). Ex-Nazi’s brilliant U.S. career strangled in a web of lies. Originally published by the Sun Jose Mercury News, Retrieved February 10, 2020, from,

Demerjian, Dave (25 October 2007). “As Skies Grow Crowded, FAA Preps Air Traffic Control 2.0”. Wired. Archived from the original on 14 June 2013. Retrieved 25 May 2013

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