Sperry Corporation the new automatic pilot. In 1924, following the death of Lawrence on December 13, 1923, the two firms were brought together. The company became Sperry Corporation in 1933. The new corporation was a holding company for a number of smaller entities such as the original Sperry Gyroscope, "Ford Instrument Company", "Intercontinental Aviation, Inc.", and others. The company made advanced aircraft navigation equipment for the market, including the Sperry Gyroscope and the Sperry Radio Direction Finder. Sperry supported the work of a group of Stanford University inventors, led by Russell and Sigurd Varian, who had invented the klystron, and incorporated this
Aero Club of America prize was to be awarded "to the first aviator of any Allied Country crossing the Atlantic in one flight, from Paris to New York or New York to Paris". After five years of failing to attract competitors, the award was then put under the control of a seven-member Bryant Bank board of trustees, which awarded it to Charles Lindbergh for his successful 1927 flight in the "Spirit of St. Louis". Some of the later licenses issued by the Aero Club of America bore the printed signature of Orville Wright. Wright served for a time as Chairman of the Aero Club