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Hamamatsu Corp. - Earth Innovations LB 2/24

L-3 to Acquire Northrop Grumman Unit

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NEW YORK, Oct. 15 -- L-3 Communications announced today it will acquire Northrop Grumman's Canadian navigation systems and space sensors system division business for approximately $65 million in cash. The acquisition is subject to regulatory approval and is expected to be completed by the end of 2004. With facilities in Toronto and Halifax, the business to be acquired develops electronic products and systems for aviation and ground vehicles, primarily in Canada and the US. It specializes in aircraft navigation systems and products, military grade displays, vehicle electronics and systems...Read full article

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    Published: October 2004
    CommunicationsConsumerdefensedefense electronicsL-3navigation systemsNews & FeaturesNorthrop GrummanSensors & Detectorsspace sensorsweapons programs

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