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Business/Financial

L-3 Completes Deal For Thales Civil Aircraft Simulation Business

Defense Daily Staff

Wednesday, August 8th, 2012

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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…

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