 The business climate was strongly influenced by the political undercurrent that accelerated when Sputnik was launched, and amplified when President John F. Kennedy set as a national goal putting an American astronaut on the Moon by the end of the decade of the 1960s.This goal, based on an unprecedented effort by the combined resources of the American aerospace industry, was achieved in 1969.In 1965, LSI (the “short” form of the company's name) acquired all assets of Hypro Engineering Inc (operated as the Hypro Division) in exchange for more than 120,000 common shares.