| Title: | Summary: L-3 Communications Corp. |
| Price: | $175.00 |
| Publication Date: | May 07, 2008 |
| Report Type: | Summary |
| Abstract: | 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 secure, high-data-rate communication systems, microwave components, avionics, telemetry and instrumentation devices, and simulator training products and services. Some well-supported programs, with a high percentage of sole-source contracts (45%-50%), mitigate the company's exposure to a competitive environment. Acquisitions have been an important part of the company's growth strategy, and |
| Brief Excerpt: | RESEARCH Ratings Definitions Summary: L-# Communications Corp. Publication date: ##-May-#### Primary Credit Analyst: Christopher DeNicolo, CFA, New York (#) ###-###-####; christopher_denicolo@standardandpoors.com Credit Rating:... |
| Word Count: | 1250 |
| Ticker: | 16227Z |
| Issuer: | L-3 Communications Corp. |
| GICS: | Aerospace & Defense (20101010) |
| Sector: | Global Issuers, Corporations, Aerospace & Defense, Capital Goods, High Technology, Telecommunications & Cable |
| Country: | United States |
| Region: | United States |
| Format: | 
HTML
|
| Free Sample: |
Click
Here
to Download
|
Looking For Something Else?
