L-3 Communications, the diversified US defence firm which has grown rapidly through acquisition of small commercial and defence companies, has completed a deal to buy Virginia-based EER Systems for up to $115 million.
EER expects to close the year with $130 million in sales, and is seen as a good fit with L-3 Communications since its product line includes military communications systems, simulation equipment and training services.
It provides support for US Army air defence missiles, unmanned air vehicles and the US Navy Boeing F/A-18 Hornet strike aircraft.
Frank Lanza, L-3 Communications chairman and chief executive, says the EER acquisition "extends our capabilities into several key, growing markets".
He says EER's product range complements those of Coleman Research and Link Simulation & Training, also recently acquired by L-3 Communications.
Source: Flight International
