I think Laco has better history in regards of pilot watches.
Steinhart started life as a homage maker... they make watches that look like Rolex and Pilot watches.
From what I read, Steinhart make pretty good watches for the price that they are asking.
As for Laco, their pilot watches are also good.
Since they are one of the original 5 makers of the pilot watches, the history is there.
I find them well built and really good for their asking price.
Even the ones using miyota movements are pretty good and accurate.

My Laco pilot miyota... have since left me.