History
L-3 (named for Frank Lanza, Robert LaPenta, and Lehman Brothers) formed in 1997 from the purchase of ten former Lockheed Corporation business units when Lockheed merged in 1996 with Martin Marietta. The new Lockheed Martin was uninterested in owning these ten units.
L-3 has continued to expand through mergers and acquisitions to become one of the top ten U.S. government contractors.
Read more about this topic: L-3 Communications
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