Daily News

L3 executive says company has dozens of companies in acquisition pipeline

Marjorie Censer   | December 06, 2017
L3 Technologies, which completed several acquisitions this year, has more than two dozen companies under consideration as potential purchases, the company's next chief executive said this week. Chris Kubasik, who will take over as CEO at the start of 2018, said during an investor conference Tuesday that L3 has 28 acquisitions worth about $2 billion in total sales in its pipeline. However, he warned the vast majority likely won't be completed. "We could close one or two before the year...

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