L-3 Communications: Playing Defense
Hannah Hsu submits:
The recession weighed on the global economy and weakened many firms. But robust spending by the US government has bolstered companies such as defense contractor L-3 Communications (NYSE: LLL).
New York-based L-3 is a key player in the defense industry. It operates in four main business segments: electronic systems; government services; aircraft modernization and maintenance (AM&M); and command, control, communications and intelligence, surveillance, and reconnaissance (C3ISR).
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