Planning for the future, L-3 Communications reshapes portfolio

By Marjorie Censer / April 27, 2016 at 2:32 PM
NEW YORK -- L-3 Communications, one of the nation's largest defense contractors, is quietly remaking itself by jettisoning its less-profitable services work and pursuing additional international and commercial sales. The company is also positioning Chris Kubasik, the former Lockheed Martin executive who nearly assumed that contractor’s top job, to eventually take the reins as L-3's chief executive. In a wide-ranging interview at the company’s longtime headquarters in Murray Hill in Manhattan, Michael Strianese, L-3’s current chief executive, told Inside...

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