L-3 Communications will purchase
L-3 Communications will purchase Cincinnati-based Nova Engineering for about $45 million in cash, plus an additional sum up to $10 million, based on the company's future performance. Nova, which produces network-centric warfare systems, expects to post annual sales of about $40 million in 2006.
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.
Related Content
