Consent of Independent Auditors


We consent to the incorporation by reference in this Annual Report (Form
10-K) of AEL Industries, Inc. of our report dated March 29, 1994, included
in the 1994 Annual Report to Shareholders of AEL Industries, Inc.

Our audits also included the financial statement schedules of AEL
Industries, Inc. listed in Item 14(a).  These schedules are the
responsibility of the Company's management.  Our responsibility is to
express an opinion based on our audits.  In our opinion, the financial
statement schedules referred to above, when considered in relation to the
basic financial statements taken as a whole, present fairly in all material
respects the information set forth therein.

We also consent to the incorporation by reference in the Registration
Statements pertaining to the Incentive Stock Option Plans (Form S-8 No. 2-
87030 and No. 33-64512) and the Non-Qualified Stock Option Plans (Forms S-8
No. 2-18195, No. 33-41025, and No. 33-64510) of AEL Industries, Inc. of our
report dated March 29, 1994, with respect to the financial statements
incorporated herein by reference and our report included in the preceding
paragraph with respect to the financial statement schedules included in the
1994 Annual Report (Form 10-K) of AEL Industries, Inc.



/s/ Ernst & Young


Philadelphia, Pennsylvania
May 17, 1994