L-3 Communications [LLL] yesterday said it has completed its purchase of the civil aircraft training and simulation business from France’s Thales for about $130 million in cash.
The new L-3 business unit, which is now L-3 Link Simulation & Training U.K. Limited, produces a full flight simulator capability called the RealitySeven Full Flight Simulator that supports civil aircraft aircrew training worldwide.
The new business is part of L-3’s Electronic Systems Group.
When the deal was first announced in April, L-3 said it would strengthen its military simulation and training business by adding a full flight simulator capability and enable it to expand into the civil simulation market (Defense Daily, April 12). L-3 said then that the United Kingdom-based unit is expected to have $150 million in sales this year.