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L3 Joint Venture With Saudi Arabian Company ‘Key Milestone’ in L3 International Growth Plan, CEO Says

Frank Wolfe

Tuesday, June 18th, 2019

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PARIS AIR SHOW--L3 Technologies [LLL] is to help Saudi Arabian Military Industries (SAMI) develop electro-optical and infrared sensors and special mission systems for use by the Kingdom of Saudi Arabia (KSA) under a joint venture agreement signed between the companies here on June 18. L3 Technologies CEO Christopher Kubasik said that through the partnership L3 "will further establish a long-term presence within the KSA." "This venture with SAMI, which includes research and development, manufacturing, training and sustainment activities, represents a…

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