In the pantheon of aerospace and defense (A&D) entrepreneurs, Bob LaPenta holds the rare distinction of creating serial startups successfully. In 1997, he cofounded L-3 Communications and was its first chief financial officer until leaving in 2004. Not long after, he helped build L-1 Identity Solutions, a biometrics company sold to Safran in 2010 for $1.1 billion. Now LaPenta is at it again, and this time it is a family affair in more ways than one. LaPenta has teamed with Marc Gabelli ...

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