L-3 Communications is to acquire Northrop Grumman's Electro-Optical Systems (EOS) business for US$175m cash. The deal, which is expected to close in the second quarter, is anticipated to generate US$190m in sales for L-3. EOS manufactures night-vision technology and electro-op
L-3 Communications is to acquire Northrop Grumman’s Electro-Optical Systems (EOS) business for US$175m cash.
The deal, which is expected to close in the second quarter, is anticipated to generate US$190m in sales for L-3.
EOS manufactures night-vision technology and electro-optical products for the military and commercial sectors.
By staff writer
