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                                                                 EXHIBIT 10.30


                KELLSTROM INDUSTRIES, INC. 1998 STOCK OPTION PLAN

1.       PURPOSE OF THE PLAN.

         The purpose of the Kellstrom Industries, Inc. 1998 Stock Option Plan
(the "Plan") is to promote the interests of Kellstrom Industries, Inc., a
Delaware corporation (the "Company"), and its stockholders by strengthening the
Company's ability to attract and retain competent employees, to make service on
the Board of Directors of the Company (the "Board") more attractive to present
and prospective non-employee directors of the Company and to provide a means to
encourage stock ownership and proprietary interest in the Company by officers,
non-employee directors and valued employees and other individuals upon whose
judgment, initiative and efforts the financial success and growth of the Company
largely depend. The Plan became effective on November 15, 1998, by resolution of
the Board.

2.       STOCK SUBJECT TO THE PLAN.

         (a)      The total number of shares of the authorized but unissued or
                  treasury shares of the common stock, $.001 par value per
                  share, of the Company ("Common Stock") for which options may
                  be granted under the Plan shall be Two Hundred Fifty Thousand
                  (250,000), which shares may be of any class of Common Stock;
                  provided, however, that such number of shares may from time to
                  time be reduced to the extent that a corresponding number of
                  issued and outstanding shares of Common Stock are purchased by
                  the Company and set aside for issue upon the exercise of
                  options.

         (b)      If an option granted or assumed hereunder shall expire or
                  terminate for any reason without having been exercised in
                  full, the unpurchased shares subject thereto shall again be
                  available for subsequent option grants under the Plan.

         (c)      Stock issuable upon exercise of an option granted under the
                  Plan may be subject to such restrictions on transfer,
                  repurchase rights or other restrictions as shall be determined
                  by the Board.

3. ADMINISTRATION OF THE PLAN.

         The Plan shall be administered by the Board. No member of the Board
shall act upon any matter exclusively affecting an option granted or to be
granted to himself or herself under the Plan. The decision of the Board as to
all questions of interpretation and application of the Plan shall be final,
binding and conclusive on all persons. The Board may, in its sole discretion,
grant options to purchase shares of Common Stock and issue shares upon exercise
of such options, as provided in the Plan. The Board shall have authority,
subject to the express provisions of the Plan, to construe the respective option
agreements and the Plan, to prescribe, amend and rescind rules and regulations
relating to the Plan, to determine the terms and provisions of the respective
option agreements, which may but need not be identical, and to make all other
determinations in the judgment of the Board necessary or desirable for the
administration of the Plan. The Board may correct any defect or supply any
omission or reconcile any inconsistency in the Plan or in any option agreement
in the




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manner and to the extent it shall deem expedient to carry the Plan into effect
and shall be the sole and final judge of such expediency. No director shall be
liable for any action or determination made in good faith. The Board may, in its
discretion, delegate its power, duties and responsibilities to a committee (the
"Committee"), consisting of two or more members of the Board. If a Committee is
so appointed, all references to the Board in Sections 3, 4, 7, 8 and 9 hereof
shall mean and relate to such Committee, unless the context otherwise requires.
The membership of the Committee shall be constituted so as to comply at all
times with the then applicable requirements for an "outside director" under
Section 162(m) of the Internal Revenue Code of 1986, as amended (the "Code") and
the regulations thereunder and as a "Non-Employee Director" under Rule 16b-3
promulgated under the Securities Exchange Act of 1934, as amended (the "Exchange
Act"). The Committee shall serve at the pleasure of the Board and shall have the
powers designated herein and such other powers as the Board may from time to
time confer upon it.

4.       TYPE OF OPTIONS.

         Options granted pursuant to the Plan shall be authorized by action of
the Board and shall be non-qualified options which are not intended to meet the
requirements of Section 422 of the Code.

5.       ELIGIBILITY.

         Options may be granted to (i) officers and key employees of the Company
or of any of its subsidiaries, or (ii) agents and directors of and consultants
to the Company, whether or not otherwise employees of the Company.

         In determining the eligibility of an individual to be granted an
option, as well as in determining the number of shares to be optioned to any
individual, the Board shall take into account the recommendation of the
Company's Chairman, the position and responsibilities of the individual being
considered, the nature and value to the Company or its subsidiaries of his or
her service and accomplishments, his or her present and potential contribution
to the success of the Company or its subsidiaries, and such other factors as the
Board may deem relevant.

6.       LIMITATION ON GRANT.

         Notwithstanding any other provision of this Plan, and in addition to
any other requirements of this Plan, the aggregate number of shares of Common
Stock subject to options granted to any one optionee under the Plan may not
exceed 30,000 during any calendar year, subject to adjustment as provided in
Section 13 hereof.

7.       OPTION AGREEMENT.

         Each option shall be evidenced by an agreement (the "Agreement") duly
executed on behalf of the Company and by the grantee to whom such option is
granted, which Agreement shall comply with and be subject to the terms and
conditions of the Plan. The Agreement may contain such other terms, provisions
and conditions which are not inconsistent with the Plan as may be determined by
the Board. No option shall be granted within the meaning of the Plan and no
purported grant of any


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option shall be effective until the Agreement shall have been duly executed on
behalf of the Company and the optionee. More than one option may be granted to
an individual.

8.       OPTION PRICE.

         (a)      The option price or prices of shares of Common Stock shall be
                  as determined by the Board, provided, however, in no event
                  shall such price be less than the fair market value of the
                  Common Stock (as determined in accordance with clause (b)
                  below) subject to such options on the day of the grant.

         (b)      If the Common Stock is then listed on any national securities
                  exchange, the fair market value shall be the mean between the
                  high and low sales prices, if any, on the largest such
                  exchange on the date of the grant of the option or, if none,
                  shall be determined by taking a weighted average of the means
                  between the highest and lowest sales on the nearest date
                  before and the nearest date after the date of grant in
                  accordance with Regulations Section 25.2512-2. If the Common
                  Stock is not then listed on any such exchange, the fair market
                  value shall be the mean between the closing "Bid" and the
                  closing "Ask" prices, if any, as reported in the National
                  Association of Securities Dealers Automated Quotation System
                  ("NASDAQ") for the date of the grant of the option, or, if
                  none, shall be determined by taking a weighted average of the
                  means between the highest and lowest sales on the nearest date
                  before and the nearest date after the date of grant in
                  accordance with Regulations Section 25.2512-2. If the Common
                  Stock is not then either listed on any such exchange or quoted
                  in NASDAQ, the fair market value shall be the mean between the
                  average of the "Bid" prices, if any, as reported in the
                  National Daily Quotation Service for the date of the grant of
                  the option, or, if none, shall be determined by taking a
                  weighted average of the means between the highest and lowest
                  sales on the nearest date before and the nearest date after
                  the date of grant in accordance with Regulations Section
                  25.2512-2. If the fair market value of the Common Stock cannot
                  be determined under the preceding three sentences, it shall be
                  determined in good faith by the Board.

9.       MANNER OF PAYMENT, MANNER OF EXERCISE.

         (a)      Options granted under the Plan may provide for the payment of
                  the exercise price by delivery of (i)cash or a check payable
                  to the order of the Company in an amount equal to the exercise
                  price of such options, (ii) shares of Common Stock owned by
                  the optionee having a fair market value equal in amount to the
                  exercise price of such options, or (iii) any combination of
                  (i) and (ii); provided, however, that payment of the exercise
                  price by delivery of shares of Common Stock owned by such
                  optionee may be made only upon the condition that such payment
                  does not result in a charge to earnings for financial
                  accounting purposes as determined by the Board, unless such
                  condition is waived by the Board. The fair market value of any
                  shares of Common Stock which may be delivered upon exercise of
                  an option shall be determined by the Board in accordance with
                  Section 8(b) hereof.


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         (b)      To the extent that the right to purchase shares under an
                  option has accrued and is in effect, options may be exercised
                  in full at one time or in part from time to time, by giving
                  written notice, signed by the person or persons exercising the
                  option, to the Company, stating the number of shares with
                  respect to which the option is being exercised, accompanied by
                  payment in full for such shares as provided in subparagraph
                  (a) above. Upon such exercise, delivery of a certificate for
                  paid-up non-assessable shares shall be made at the principal
                  office of the Company to the person or persons exercising the
                  option at such time, during ordinary business hours, after
                  three (3) days but not more than ninety (90) days from the
                  date of receipt of the notice by the Company, as shall be
                  designated in such notice, or at such time, place and manner
                  as may be agreed upon by the Company and the person or persons
                  exercising the option.

10.      EXERCISE OF OPTIONS.

         Each option granted under the Plan shall, subject to Section 11(b)
hereof, be exercisable at such time or times and during such period as shall be
set forth in the Agreement; provided, however, that no option granted under the
Plan shall have a term in excess of ten (10) years from the date of grant. To
the extent that an option is not exercised when it becomes initially
exercisable, it shall not expire but shall be carried forward and shall be
exercisable, on a cumulative basis, until the expiration of the exercise period.
No partial exercise may be made for less than one hundred (100) full shares of
Common Stock.

11.      TERM OF OPTIONS; EXERCISABILITY.

         (a)      TERM.

                  (i)      Each option shall expire automatically and without
                           notice not more than ten (10) years from the date of
                           the granting thereof, except for any earlier
                           termination as herein provided.

                  (ii)     Except as otherwise provided in this Section 11, an
                           option granted to any grantee who ceases to perform
                           services for the Company or one of its subsidiaries
                           shall terminate three months after the date such
                           grantee ceases to perform services for the Company or
                           one of its subsidiaries, or on the date on which the
                           option expires by its terms, whichever occurs first.

                  (iii)    If the grantee ceases to perform services for the
                           Company because of resignation by grantee, dismissal
                           for cause or a breach of any employment agreement by
                           grantee, such option will terminate on the date the
                           grantee ceases to perform services for the Company or
                           one of its subsidiaries.

                  (iv)     If the grantee ceases to perform services for the
                           Company because the grantee has become permanently
                           disabled (within the meaning of Section 22(e)(3) of


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                           the Code), such option shall terminate twelve months
                           after the date such grantee ceases to perform
                           services for the Company, or on the date on which the
                           option expires by its terms, whichever occurs first.

                  (v)      In the event of the death of any grantee, any option
                           granted to such grantee shall terminate twelve months
                           after the date of death, or on the date on which the
                           option expires by its terms, whichever occurs first.

         (b)      EXERCISABILITY.

                  (i)      Except as provided below and subject to Section 11(a)
                           hereof, an option granted to a grantee who ceases to
                           perform services for the Company or one of its
                           subsidiaries shall be exercisable only to the extent
                           that such option has vested and is in effect on the
                           date such grantee ceases to perform services for the
                           Company or one of its subsidiaries.

                  (ii)     Options granted to a grantee who ceases to perform
                           services for the Company or one of its subsidiaries
                           because he or she has become permanently disabled (as
                           defined above) shall be exercisable for a period of
                           12 months from the date such grantee ceases to
                           perform services for the Company only with respect to
                           the number of shares subject to the options which
                           have vested as of the date the grantee ceases to
                           perform services for the Company, and may be
                           exercised by a legal representative on behalf of the
                           grantee;

                  (iii)    In the event of the death of any grantee, the options
                           granted to such grantee shall be exercisable only
                           with respect to the shares subject to the options
                           which have vested on the date of death, and may be
                           exercised by the estate of such grantee, or by any
                           person or persons who acquired the right to exercise
                           such options by bequest or inheritance or by reason
                           of the death of such grantee.

                  (iv)     Notwithstanding the foregoing, the Board may provide,
                           in its discretion, that a grantee may exercise an
                           option, in whole or in part, at any time subsequent
                           to termination of employment or service with the
                           Company and prior to termination of the option
                           pursuant to Section 11(a), either subject to or
                           without regard to any vesting or other limitation on
                           exercise imposed hereunder.

12.      OPTIONS NOT TRANSFERABLE.

         The right of any grantee to exercise any option granted to him or her
shall not be assignable or transferable by such grantee other than by will or
the laws of descent. Any option granted under the Plan shall be null and void
and without effect upon the bankruptcy of the grantee to whom the option is
granted, or upon any attempted assignment or transfer except as herein provided,
including without limitation, any purported assignment, whether voluntary or by
operation of law, pledge,


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hypothecation or other disposition, attachment, trustee process or similar
process, whether legal or equitable, upon such option.

13.      RECAPITALIZATION, REORGANIZATION AND THE LIKE.

         In the event that the outstanding shares of Common Stock are changed
into or exchanged for a different number or kind of shares or other securities
of the Company or of another corporation by reason of any reorganization,
merger, consolidation, recapitalization, reclassification, stock split-up,
combination of shares, or dividends payable in capital stock, appropriate
adjustment shall be made in accordance with Section 424(a) of the Code in the
number and kind of shares as to which options may be granted under the Plan and
as to which outstanding options or portions thereof then unexercised shall be
exercisable, to the end that the proportionate interest of the grantee shall be
maintained as before the occurrence of such event; such adjustment in
outstanding options shall be made without change in the total price applicable
to the unexercised portion of such options and with a corresponding adjustment
in the exercise price per share.

         Notwithstanding any provisions of the prior paragraph of this Section
13 to the contrary, unless otherwise determined by the Board in its sole
discretion, in the case of any Change in Control (as hereinafter defined) of the
Company, the purchaser(s) of the Company's assets or stock may, in his, her or
its discretion, deliver to the optionee the same kind of consideration that is
delivered to the stockholders of the Company as a result of such Change in
Control, or the Board may cancel all outstanding options in exchange for
consideration in cash or in kind, which consideration in both cases shall be
equal in value to the value of those shares of stock or other securities the
optionee would have received had the option been exercised and no disposition of
the shares acquired upon such exercise been made prior to such Change in
Control, less the exercise price therefor. Upon receipt of such consideration,
the options shall immediately terminate and be of no further force and effect.
The value of the stock or other securities the grantee would have received if
the option had been exercised shall be determined in good faith by the Board,
and in the case of shares of Common Stock, in accordance with the provisions of
Section 8(b) hereof.

         Notwithstanding anything to the contrary contained in this Plan or the
option agreements executed in connection herewith, upon any Change in Control
under subsection (a), (b) or (c) of the following paragraph, all outstanding
options shall immediately become exercisable. Upon any Change in Control under
subsection (d) of the following paragraph, the Board shall have the power and
right, in its sole discretion, to accelerate the exercisability of any
outstanding options.

         For purposes hereof, a "Change in Control" shall mean:

         (a)      (i) a reorganization, merger, consolidation or other form of
                  corporate transaction or series of transactions, in each case,
                  with respect to which persons who were the stockholders of the
                  Company immediately prior to such reorganization, merger or
                  consolidation or other transaction do not, immediately
                  thereafter, own more than fifty percent (50%) of the combined
                  voting power entitled to vote generally in the election of
                  directors of the reorganized, merged or consolidated company's
                  then outstanding voting securities, or (ii) a liquidation or
                  dissolution of the Company or (iii) the sale,


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                  lease, exchange or other disposition of all or substantially
                  all of the assets of the Company; or

         (b)      the acquisition by any person, or any two or more persons
                  acting as a group, and all affiliates of such person or
                  persons, who prior to such time owned less than fifty percent
                  (50%) of the combined voting power entitled to vote generally
                  in the election of directors, of additional voting power in
                  one or more transactions, or series of transactions, such that
                  following such transaction or transactions, such person or
                  group and affiliates beneficially own fifty percent (50%) or
                  more of the combined voting power entitled to vote generally
                  in the election of directors; or

         (c)      individuals who, as of the date hereof, constitute the
                  Company's Board (as of the date hereof the "Incumbent Board")
                  cease for any reason to constitute at least a majority of the
                  Board, provided that any person becoming a director subsequent
                  to the date hereof whose election, or nomination for election
                  by the Company's stockholders, was approved by a vote of at
                  least a majority of the directors then comprising the
                  Incumbent Board (other than an election or nomination of an
                  individual whose initial assumption of office is in connection
                  with an actual or threatened election contest relating to the
                  election of the Directors of the Company, as such terms are
                  used in Rule 14a-11 of Regulation 14A promulgated under the
                  Exchange Act) shall be, for purposes of this Agreement,
                  considered as though such person were a member of the
                  Incumbent Board; or

         (d)      the acquisition (other than from the Company or its
                  subsidiaries) by any person, entity or "group," within the
                  meaning of Section 13(d)(3) or 14(d)(2) of the Exchange Act,
                  (excluding, for this purpose, the Company or its subsidiaries,
                  or any employee benefit plan of the Company or its
                  subsidiaries) of beneficial ownership (within the meaning of
                  Rule 13d-3 promulgated under the Exchange Act) of 19% or more
                  of either the then outstanding shares of the Company's Common
                  Stock or the combined voting power of the Company's then
                  outstanding voting securities entitled to vote generally in
                  the election of directors.

         If by reason of a corporate merger, consolidation, acquisition of
property or stock, separation, reorganization, or liquidation, the Board shall
authorize the issuance or assumption of a stock option or stock options, then,
notwithstanding any other provision of the Plan, the Board may grant an option
or options upon such terms and conditions as it may deem appropriate for the
purpose of assumption of the old option, or substitution of a new option for the
old option, and any such option shall not reduce the number of shares otherwise
available for issuance under the Plan.

         No fraction of a share shall be purchasable or deliverable upon the
exercise of any option, but in the event any adjustment hereunder in the number
of shares covered by the option shall cause such number to include a fraction of
a share, such fraction shall be adjusted to the nearest smaller whole number of
shares.


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14.      NO SPECIAL EMPLOYMENT RIGHTS.

         Nothing contained in the Plan or in any option granted under the Plan
shall confer upon any grantee any right with respect to the continuation of his
or her employment by the Company (or any subsidiary) or interfere in any way
with the right of the Company (or any subsidiary), subject to the terms of any
separate employment agreement to the contrary, at any time to terminate such
employment or to increase or decrease the compensation of the grantee from the
rate in existence at the time of the grant of an option. Whether an authorized
leave of absence, or absence in military or government service, shall constitute
termination of employment shall be determined in accordance with Regulations
Section 1.421-7(h)(2).

15.      WITHHOLDING.

         The Company's obligation to deliver shares upon the exercise of any
option granted under the Plan shall be subject to the option holder's
satisfaction of all applicable Federal, state and local income and employment
tax withholding requirements. The Company and optionee may agree to withhold
shares of Common Stock purchased upon exercise of an option to satisfy the
above-mentioned withholding requirements; provided, however, that no such
agreement may be made by a grantee who is an "officer" or "director" within the
meaning of Section 16 of the Exchange Act, except pursuant to a standing
election to so withhold shares of Common Stock purchased upon exercise of an
option, such election to be made not less than six months prior to such exercise
and which election may be revoked only upon six months prior written notice.

16.      RESTRICTIONS ON ISSUANCE OF SHARES.

         (a)      Notwithstanding the provisions of Section 9 hereof, the
                  Company may delay the issuance of shares covered by the
                  exercise of an option and the delivery of a certificate for
                  such shares until one of the following conditions shall be
                  satisfied:

                  (i)      The shares with respect to which such option has been
                           exercised are at the time of the issue of such shares
                           effectively registered or qualified under applicable
                           Federal and state securities acts now in force or as
                           hereafter amended; or

                  (ii)     Counsel for the Company shall have given an opinion,
                           which opinion shall not be unreasonably conditioned
                           or withheld, that such shares are exempt from
                           registration and qualification under applicable
                           Federal and state securities acts now in force or as
                           hereafter amended.

         (b)      It is intended that all exercises of options shall be
                  effective, and the Company shall use its best efforts to bring
                  about compliance with the above conditions, within a
                  reasonable time, except that the Company shall be under no
                  obligation to qualify shares or to cause a registration
                  statement or a post-effective amendment to any registration
                  statement to be prepared for the purpose of covering the issue
                  of shares in respect of which any option may be exercised,
                  except as otherwise agreed to by the Company in writing.




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17.      PURCHASE FOR INVESTMENT, RIGHTS OF HOLDER ON SUBSEQUENT REGISTRATION.

         Unless the shares to be issued upon exercise of an option granted under
the Plan have been effectively registered under the Securities Act of 1933, as
amended (the "1933 Act"), the Company shall be under no obligation to issue any
shares covered by any option unless the person who exercises such option, in
whole or in part, shall give a written representation and undertaking to the
Company which is satisfactory in form and scope to counsel for the Company and
upon which, in the opinion of such counsel, the Company may reasonably rely,
that he or she is acquiring the shares issued pursuant to such exercise of the
option for his or her own account as an investment and not with a view to, or
for sale in connection with, the distribution of any such shares, and that he or
she will make no transfer of the same except in compliance with any rules and
regulations in force at the time of such transfer under the 1933 Act, or any
other applicable law, and that if shares are issued without such registration, a
legend to this effect may be endorsed upon the securities so issued.

         In the event that the Company shall, nevertheless, deem it necessary or
desirable to register under the 1933 Act or other applicable statutes any shares
with respect to which an option shall have been exercised, or to qualify any
such shares for exception from the 1933 Act or other applicable statutes, then
the Company may take such action and may require from each grantee such
information in writing for use in any registration statement, supplementary
registration statement, prospectus, preliminary prospectus or offering circular
as is reasonably necessary for such purpose and may require reasonable indemnity
to the Company and its officers and directors from such holder against all
losses, claims, damages and liabilities arising from such use of the information
so furnished and caused by any untrue statement of any material fact therein or
caused by the omission to state a material fact required to be stated therein or
necessary to make the statements therein not misleading in the light of the
circumstances under which they were made.

18.      INTERPRETATION.

         (a)      As it is the intent of the Company that the Plan comply in all
                  respects with Rule 16b- 3 promulgated under the Exchange Act,
                  any ambiguities or inconsistencies in construction of the Plan
                  shall be interpreted to give effect to such intention, and if
                  any provision of the Plan is found not to be in compliance
                  with Rule 16b-3, such provision shall be deemed null and void
                  to the extent required to permit the Plan to comply with Rule
                  16b-3. The Committee or the Board may from time to time adopt
                  rules and regulations under, and amend, the Plan in
                  furtherance of the intent of the foregoing.

         (b)      If any provision of the Plan should be held illegal for any
                  reason, such determination shall not affect the remaining
                  provisions hereof, but instead the Plan shall be construed and
                  enforced as if such provision had never been included in the
                  Plan.

         (c) This Plan shall be governed by the laws of the State of Delaware.



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         (d)      Headings contained in this Plan are for convenience only and
                  shall in no manner be construed as part of this Plan.

         (e)      Any reference to the masculine, feminine, or neuter gender
                  shall be a reference to such other gender as is appropriate.

19.      LOANS.

         At the discretion of the Board, the Company may loan to the optionee
some or all of the purchase price of the shares acquired upon exercise of an
option granted under the Plan.

20.      MODIFICATION OF OUTSTANDING OPTIONS.

         Subject to limitations contained herein, the Board may authorize the
amendment of any outstanding option with the consent of the grantee when and
subject to such conditions as are deemed to be in the best interests of the
Company and in accordance with the purposes of the Plan.

21.      TERMINATION AND AMENDMENT OF PLAN.

         Unless sooner terminated as herein provided, the Plan shall terminate
on November 15, 2008. The Board may at any time terminate the Plan or make such
modification or amendment thereof as it deems advisable; provided, however, that
any modification or amendment of the Plan shall be subject to the approval of
the Company's stockholders if such stockholder approval is necessary to comply
with federal or state law (including without limitation Rule 16b-3 of the
Exchange Act) or applicable stock exchange or automated quotation system on
which the Common Stock may then be listed. Except to the extent provided in
Sections 11 and 13 hereof, termination or any modification or amendment of the
Plan shall not, without the consent of an optionee, affect his or her rights
under an option theretofore granted to him or her.

22.      LIMITATION OF RIGHTS IN THE UNDERLYING SHARES.

         A holder of an option shall not be deemed for any purpose to be a
stockholder of the Company with respect to such option except to the extent that
such option shall have been exercised with respect thereto and, in addition, a
stock certificate shall have been issued theretofore and delivered to the
holder. No adjustment shall be made for dividends (ordinary or extraordinary,
whether in cash, securities or other property) or distributions or other rights
for which the record date is prior to the date such stock certificate is issued,
except as expressly provided in Section 13 hereof.

23.      NOTICES.

         Any communication or notice required or permitted to be given under the
Plan shall be in writing, and mailed by registered or certified mail or
delivered by hand, if to the Company, to its principal place of business,
attention: Chairman, and, if to the holder of an option, to the address as
appearing on the records of the Company.


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