L-3 Communications (LLL) is acquiring Thales Training & Simulation, a U.K.-based...

|About: L-3 Communications Holdings... (LLL)|By:, SA News Editor

L-3 Communications (LLL) is acquiring Thales Training & Simulation, a U.K.-based manufacturer of flight simulation equipment, for $132M in cash. L-3 claims the deal, which it expects to close this summer, will add about $150M to its 2012 top line, and will be immediately accretive.