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L-3 Acquires Airport Security Integrator MacDonald Humfrey

By Cal Biesecker

Tuesday, November 22nd, 2016

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L-3 Communications Chairman and CEO Michael Strianese. Photo: L-3

L-3 Communications [LLL] on Tuesday said it has acquired United Kingdom-based MacDonald Humfrey for $280 million in cash, bolstering the company’s aviation security business by adding system integration capabilities around automated checkpoint solutions.The purchase price has a potential earn-out provision of $37.5 million if MacDonald Humfrey meets certain performance targets in 2017, 2018 and 2019.MacDonald Humfrey has deployed its solutions at airports in Europe, the Middle East and Canada and is engaging with airports and airlines in the United States…

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