Exhibit 23.1


                   Consent of Independent Public Accountants

As independent public accountants we hereby consent to the use of our report
dated September 22, 1998 (except with respect to the matters discussed in Notes
23 and 24, as to which the date is June 8, 1999) included herein and related to
the The Fairchild Corporation annual financial statements, and we hereby consent
to the use of our report dated February 5, 1999 included herein and related to
the Kaynar Technologies Inc. annual financial statements, and to all references
to our Firm included in this Form S-4 registration statement to register
$225,000,000 10 3/4% Senior Subordinated Notes due 2009.

Arthur Andersen LLP
Washington, D.C.
June 8, 1999