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Eng. Control Systems | Europe - Other | L3 Communications | Mergers & Acquisitions | USA

L-3 Acquires German SAM Electronics GmbH for $150M

UH-60L Blackhawk helicopte
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Mid-tier defense conglomerate L-3 Communications has signed an agreement to acquire maritime electrical and electronics system supplier SAM Electronics GmbH (SAM) for U.S. $150 million in cash, subject to customary closing conditions and regulatory approvals. L-3 sees the sale as a fit with its existing power and controls business, and believes this will expand their […]

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