COMPANY MEETING
A. C. COSSOR CONTRIBUTION TO RADIOLOCATION HE seventh ordinary general meeting of A. C. Cossor, Limited, was held n August 22nd in London. Mr. T. A. Macauley (the chairman) said that the profit of the parent mpany amounted to £134,430, a net improvement of £31,824. After ringing in the net profit and the dividend from Sterling Cable Company, • ted, for the three years ended March 31st, 1945, there was an avail- ble sum of £288,825. The total dividend and bonus on the ordinary
es of 121 per cent. free of income tax was, of course, equivalent to a oss dividend of 25 per cent. The liquid position had been strengthened. With regard to the great contribution made by the company to the long truggle recently ended, he said with pride that in the field of receiving uipment for radiolocation they were the first commercial organisation the country, and, indeed, the world, to be called upon when an anxious vernment was seeking the best means• of preparing defences. They d produced the forerunner to the invisible radio detector, which had ventually frustrated the Nazis in their attacks on this country. When time came for the offensive, the vagaries of European weather seemed ely to force our offensive operations almost to a halt, and our scientists nd engineers then set to work on that new obstacle. Radiolocation then d to take the air and a new scientific device called " Gee " was developed record time, and soon many thousands were in course of production. had been described by a high Air Force official as "the backbone of Bomber Command." The weather had been beaten, targets bombed torn to/ toths cloud, and the bombers had returned to base with almost anbelievable reduction in losses.
Their more prosaic radio communications equipment, transmitters and ceivers, had gone through the whole campaign from El Alamein to rlin. How many airmen had been saved by radio from death in the ea they would never know, but the company had made and delivered ens of thousands of " Dinghy " wireless transmitters. Russia, too, had ad her contribution of Cossor apparatus. • The peace-time application of radiolocation after their long experience n research, development and manufacture, opened new avenues of expan- ion in which the possibilities were great, more especially in aviation and hipping. The future of their cable interests was very promising. Wall egard to their negotiations with certain United States interests, he had othing to add to his statement to the Press on June 22nd.
The report was adopted.
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