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L3 acquires Doss Aviation

Published 09/14/2017, 10:06 AM
© Reuters.  L3 acquires Doss Aviation
LLL
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  • Continuing its recent M&A spree, L3 Technologies (LLL +0.6%) has acquired Doss Aviation, the sole provider of initial flight training for U.S. Air Force pilots.
  • Terms of the deal were not disclosed, but Doss Aviation is projected to generate approximately $50B in annual sales for 2017 and be accretive to L3's earnings.
  • The business will be renamed L3 Doss and will be integrated into L3's Electronic Systems business segment.
  • Previously: L3 purchases Adaptive Methods (Sep. 12 2017)
  • Now read: L3 Technologies Acquires Adaptive Methods For UUV Technologies


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