L-3 has 'kicked up the intensity' in acquisition hunt

By Marjorie Censer / July 28, 2016 at 2:29 PM
L-3 Communications is increasing its focus on acquisitions, company executives said Thursday. "We have kicked up the intensity a notch and are assessing the landscape," Chris Kubasik, L-3's chief operating officer, told analysts during a morning call. "We are looking at about a dozen or so properties across all the markets we currently serve." Kubasik said L-3 has at least one acquisition opportunity in each of its markets and has "a couple" of international options in "countries where we already...

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