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Bulova defense unit sold to L-3.

The Daily Deal

| December 20, 2001 | COPYRIGHT 2003 The Deal LLC. (Hide copyright information)Copyright

L-3 Communications Holdings Inc., the New York parent of L-3 Communications Corp., said Wednesday it is snapping up the defense business of Bulova Technologies llc for about $44 million in cash. L-3 expects the deal to add about $55 million in revenue and increase its 2002 earnings …

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