
L3 Technologies [LLL] on Monday said it has acquired a software development and data analytics company that strengthens its work in space mission work for $50 million.Applied Defense Solutions (ADS), which is based in Maryland, is expected to contribute about $15 million in sales to L3 in 2018 and about $50 million in 2019. L3 said the deal will be neutral to earnings this year and accretive in 2019.ADS’ capabilities are in agile software development, mission planning, data processing and…