Defense contractor L-3 Communications reported Thursday that third-quarter sales fell 4 percent to hit $2.8 billion, and the company reported a loss of $299 million for the three-month period. In the same period a year earlier, L-3 had recorded $154 million in profit. The loss stemmed in part from a goodwill impairment charge of $491 million, which the company said reflected a reduction in the value of the national security solutions business. L-3 earlier this year announced that it is...
