L-3 Completes $210M KEO Acquisition

L-3 Communications (NYSE: LLL) completed its $210 million purchase of Danaher Corp.’s former electronic and optical systems equipment unit, according to an L-3 announcement.

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L-3 announced in December it would acquire the Kollmorgen Electro-Optical unit and integrate KEO into L-3’s integrated sensor systems organization.

L-3 said the unit will conduct business as L-3 KEO and will produce:

  • ground electro-optical and sensor-cueing systems
  • submarine photonic systems
  • ship fire control systems
  • visual landing aids

KEO employs approximately 550 workers and is headquartered in Northampton, Mass.

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