L-3 Shedding Space Microwave Product Line

February 2008
Defense Daily;2/14/2008, Vol. 237 Issue 30, p6
Market Research Report
The article reports that COM DEV USA, LLC, said that it has agreed to acquire the Passive Microwave Devices product line of L-3 Communications Electron Technologies Inc. business unit for $12.2 million in cash. COM DEV USA, a subsidiary of Canada's COM DEV International Ltd., said that the deal will accelerate its entry into the U.S. government space market. COM DEV said it plans to grow the business aggressively.


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