L-3 buys training unit as Raytheon divests non-core businesses

L-3 Communications will purchase the assets of Raytheon's flight simulation and associated training division for $160 million in cash, Raytheon reported yesterday. The Training Devices and Training Services (TDTS) unit employs than 2,600 employees and provides integrated simulator training products...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.