Home / M&A Activity / L-3 Communications Enters Deal to Acquire Micreo; Christopher Kubasik Comments

L-3 Communications Enters Deal to Acquire Micreo; Christopher Kubasik Comments

acquisitionL-3 Communications (NYSE: LLL) has agreed to acquire Australia-based electronic warfare subsystems provider Micreo for an undisclosed amount.

L-3’s electronic systems segment will absorb Micreo and adopt the name L-3 Micreo when the transaction closes in September following completion of standard closing conditions, L-3 said Wednesday.

“L-3 Micreo will enhance our core business in Australia, supporting multiple L-3 segments, ” said Christopher Kubasik, president and chief operating officer of L-3.

“In addition to our ongoing [satellite communications], maritime, warrior systems, aviation and aircraft modification programs, Micreo will add new in-country resources for our growing customer base in Australia and the Asia-Pacific region.”

Micreo provides systems that use high-performance microwave, millimeter wave and photonic technology that L-3 says will aid in the development of future products in the higher radio-frequency bandwidth.

The Australian company also manufactures products for intelligence, surveillance and reconnaissance and electronic warfare applications and supports airborne, land and security programs in the country.

Check Also

Navy Awards Perspecta $486M NGEN Contract Modification

Perspecta (NYSE: PRSP) has received an eight-month, $486M contract modification to extend information technology support …

AECOM Secures $117M Army Lock & Dam Rehabilitation Support Contract

AECOM’s (NYSE: ACM) energy and construction business has received a potential $117.3M contract from the …