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Tag Archives: L3 Communications

June GovCon M&A Activity Recap

Specialty cybersecurity and business analytics companies were in demand in the GovCon acquisition market in June, as a ship repair company acquisition, a spin-off and a major in-house merger capped the M&A landscape. Here are the ten deals GovCon wire covered in June. ITT Exelis acquired Space Computer Corp., a ...

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L-3 Board OKs Engility Spinoff Stock Distribution; Michael Strianese Comments

L3 Communications’ (NYSE: LLL) board of directors has approved the distribution of the remaining shares of its Engility subsidiary to all of its shareholders. L-3 said every shareholder of record as of July 16 will receive one share of Engility for every six shares of L-3 stock. “Engility will now ...

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