L-3 Communications (NYSE: LLL) has acquiredÂ pilot and aircraft maintenance technician training company AerosimÂ for an undisclosed sum in a pushÂ toÂ complementÂ L-3’s airline crew training, resourcing and simulation offerings.
New York City-based L-3 said Tuesday it willÂ integrate Aerosim into the defense technology contractor’sÂ commercial training solutions division and change the newly acquired business’ name to L-3 Aerosim-CTC.
Aerosim — which L-3 forecasts toÂ generate $50 million in 2017Â sales — maintains a technologies business inÂ Burnsville, MinnesotaÂ and a flight academy inÂ Sanford, Florida.
L-3Â chairman and CEOÂ Michael StrianeseÂ said the company made the acquisition as part of efforts to grow its customized training portfolioÂ andÂ helpÂ address a global demand for trained pilots.
The CTSÂ divisionÂ isÂ part of L-3’s electronic systems business segmentÂ andÂ providesÂ ab initio and airline training as well as high-fidelity simulationÂ platforms for pilots and maintenance technicians.