Avco Corporation is a subsidiary of Textron which operates Textron Systems Corporation and Lycoming. Textron (NYSE: TXT) is a major US based conglomerate, who, unlike most other conglomerates, remains fairly large today after the glory years in the 1960s. ... For other meanings of Lycoming, please see Lycoming (disambiguation). ...
Avco Manufacturing Corporation was founded by the renaming of the Aviation Corporation. In 1959 the company was renamed again to Avco Corporation. In 1986 Avco was purchased by Textron. 1959 (MCMLIX) was a common year starting on Thursday of the Gregorian calendar. ... 1986 (MCMLXXXVI) is a common year starting on Wednesday of the Gregorian calendar. ...
The trophy's naming rights were sold to the former Avco Corporation (a name originally derived from "Aviation Company"), a defence contractor who bought the rights to advertise their consumer finance division.
When the New England Whalers won the league's inaugural championship in 1973 the trophy had not yet been completed, and the Whalers were forced to "skate" their divisional championship trophy around the ice surface, much to the embarrassment of the WHA office.
The Avco Trophy was retired after the WHA ceased operations in 1979.