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Thursday, Mar 28, 2024
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L-3 Buying Titan for $2B

L-3 Communications Holdings Inc. on Friday said it planned to buy Titan Corp. for about $2 billion in cash, expanding its reach in defense-intelligence services.

The deal is the latest by acquisition-hungry L-3, which has grown into one of the U.S.’s leading defense technology companies with dozens of deals since its formation in 1997.

*For more on this story,


read the full Reuters article.

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