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L 3 Communications Crestview Aerospace Corp history
L 3 Communications Crestview Aerospace Corp company history timeline
In April 1996, Lockheed Martin acquired most of these businesses for $9.1 billion.
L-3 (named for Frank Lanza, Robert LaPenta and Lehman Brothers) was formed in 1997 to acquire certain business units fromLockheed Martin.
L-3 posted after-tax profits of $32 million on revenues of $1 billion in 1998.
An additional stock offering was announced in early 1999, intending to raise $136 million to pay down debt and fund further acquisitions.
In January 2000, L-3 agreed to buy Raytheon Company's flight simulation and training business for $160 million.
A new stock offering announced in April 2001 was to raise $350 million.
2001: L-3 begins setting sights on larger companies, offers more shares.
L3 Technologies (formerly L-3 Communications) merged with Harris Corporation on June 29, 2019, to form L3Harris Technologies, Inc.
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L 3 Communications Crestview Aerospace Corp competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Ducommun | 1849 | $786.6M | 2,500 | 120 |
| IEC Electronics | 1966 | $185.5M | 565 | 23 |
| Schweizer Aircraft | 1939 | $24.0M | 350 | - |
| Esterline | 1967 | $2.0B | 12,001 | - |
| Exlar | 1986 | $41.9M | 300 | - |
| Midcon Cables | 1970 | $49.5M | 75 | 1 |
| Electromech Technologies | 1968 | $43.2M | 90 | - |
| Sargent Controls & Aerospace | - | $600,000 | 6 | - |
| Component Repair Technologies | 1985 | $31.0M | 200 | 40 |
| Amertron | - | $2.4M | 44 | - |
L 3 Communications Crestview Aerospace Corp history FAQs
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L 3 Communications Crestview Aerospace Corp may also be known as or be related to L 3 Communications Crestview Aerospace Corp, L-3 Communications Crestview Aerospace, L-3 Communications Crestview Aerospace Corporation and L-3 Crestview Aerospace Corp.