S&P Credit Research



Title:

L-3 Communications Corp.

Price:$400.00
Publication Date:May 07, 2008
Report Type:Full Report
Abstract:Leading supplier of a wide range of products and services to the U.S. and foreign militaries, with good program and product diversity; and Solid earnings and cash flow. Below average for the rating credit protection measures stemming from aggressive debt-financed acquisition strategy; and Highly competitive defense electronics market. The ratings on L-3 Communications Corp. reflect its position as a leading supplier of products and services to the U.S. and foreign militaries, solid earnings and cash flow, and good program diversity, offset by credit protection measures that are below average for the rating because of numerous debt-financed acquisitions. New York City-based L-3 provides secure communication systems, specialized communications devices, aircraft modification, flight simulation and training, and government support services. Products include
Ticker:16227Z
Issuer:L-3 Communications Corp.
GICS:Aerospace & Defense (20101010)
Sector:Global Issuers, Corporations, High Technology, Aerospace & Defense, Capital Goods, Telecommunications & Cable
Country:United States
Region:United States
Format:HTML HTML
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S&P Credit Research

S&P Credit Research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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