L-3 Communications (LLL) Enters Agreement to Acquire Australia-Based Micreo Limited
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L-3 Agrees to Acquire Micreo Limited
September 7, 2016 12:05 PM EDTLeader in the Design and Manufacture of Electronic Warfare (EW) Subsystems Utilizing High-Performance Microwave, Millimeter Wave and Photonic Technology
NEW YORK--(BUSINESS WIRE)-- L-3 Communications (NYSE: LLL) announced today that it has entered into a contract to acquire Micreo Limited, a specialized Electronic Warfare subsystems provider in Australia. The acquisition is expected to be completed during September 2016 following the satisfaction of standard closing conditions. Following the acquisition, Micreo Limited will be integrated into the Electronic Systems Segment and will be renamed L-3 Micreo. Micreo is projected to generate AUD$35 million... More
