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L-3 Communications Acquires Avionics Systems

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NEW YORK, April 1 -- L-3 Communications announced yesterday it has completed the acquisition of Avionics Systems, a former Goodrich Corp. division. The total value of the transaction is approximately $188 million in cash. The new business unit, L-3 Communications Avionics Systems, develops and manufactures innovative avionics solutions for all segments of the aviation market. The new division will develop advanced cockpit avionics systems, including the SmartDeck integrated flight controls and display system, which incorporates technologies from products such as SkyWatch and SkyWatch HP...Read full article

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    Published: April 2003
    acquisitionsaviation marketAvionics SystemsCommunicationsinnovative avionicsL-3 CommunicationsNews & Featuressolutions

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