Acquired firm specializes in submarine photonics systems, visual-landing aids, electro-optical and sensor-cueing systems.
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Deal expands L-3's base in electro-optical/infrared market, a key strategic growth area for the company.
Large and small contractors will compete for task orders to improve training services for the Army.
L-3 Communications Holdings Inc. will spin off several of its government services businesses to create a publicly traded company named Engility, the company announced today.
Key contract wins with defense customers helped L-3 retain its market share during tough economic times.
The National Security Agency is offering its scanning tools to protect e-mail and other digital communications for major defense contractors, as part of what could be an escalating cyber war.
The complicated attack might have used log-in data obtained via a phishing attack along with algorithm seed numbers taken from RSA to generate new passcodes.
Cyberattacks on several defense contractors have many in the community worried about security.
Two more defense contractors reportedly have been the victims of attacks similar to the breach at Lockheed Martin Corp., and RSA SecurID tokens are believed to be compromised.
L-3 Communications Corp. will provide logistics support to the Navy and Air Force under a series of contracts valued at more than $300 million over five years. The initial contract, valued at $32.9 million, calls for life-cycle support and maintenance of Navy and Air Force C-12 aircraft.
L-3 Communications Corp. was busy the last month of 2010, selling InfraredVision Technology Corp., a manufacturer of camera subassemblies, and acquiring Funa International GmbH, a German supplier of control and safety systems.