L-3 Communications wins $73M contract L-3 Communications announced that its Coleman Aerospace business has been awarded a new, competitively won contract from the U.S. Department of Defense’s Missile Defense Agency to provide Medium-Range Ballistic Missile target vehicles for use in tests of missile defense systems. The initial value of the award is approximately $73M, with additional options valued at more than $400M over the next five years.
News For LLL From The Last 14 Days
Check below for free stories on LLL the last two weeks.
L-3 Communications should be down 'big', says CRT Capital CRT Capital said L-3 Communications should be down "big" following the announcement of the Aerospace segment internal accounting review and the $84M pre-tax charge. The analyst does not think the issues will be cleared up quickly and recommends avoiding shares. Shares are Fair Value rated with a $102 price target.