L-3 Communications - History

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

Famous quotes containing the word history:

    In history an additional result is commonly produced by human actions beyond that which they aim at and obtain—that which they immediately recognize and desire. They gratify their own interest; but something further is thereby accomplished, latent in the actions in question, though not present to their consciousness, and not included in their design.
    Georg Wilhelm Friedrich Hegel (1770–1831)

    No one can understand Paris and its history who does not understand that its fierceness is the balance and justification of its frivolity. It is called a city of pleasure; but it may also very specially be called a city of pain. The crown of roses is also a crown of thorns. Its people are too prone to hurt others, but quite ready also to hurt themselves. They are martyrs for religion, they are martyrs for irreligion; they are even martyrs for immorality.
    Gilbert Keith Chesterton (1874–1936)

    I am not a literary man.... I am a man of science, and I am interested in that branch of Anthropology which deals with the history of human speech.
    —J.A.H. (James Augustus Henry)