L-3 rises in the ranks of defense technology
L-3 Communications is here at the Farnborough airshow highlighting some of the technology with which it has been able to assert itself as a leader in syste

L-3 Communications is here at the Farnborough airshow highlighting some of the technology with which it has been able to assert itself as a leader in systems developed to greater capability to existing military aircraft. The U.S. group has long prided itself on having the versatility to contribute to a wide variety of platforms and, according to its chairman, president and CEO Michael Strianese, this has served it well in difficult market conditions.

Along with many other aerospace and defense companies, in 2009 L-3 saw a steep dip in business when its sales declined by between 20 and 25 percent. So far this year it has turned that around to achieve growth of around 3 or 4 percent and Strianese told AIN that this single-digit increase is sign of a sustainable, albeit slow, recovery.