The PARTY in L-3 continues as the DoD just announced that L-3 and its partner Finmeccanica SpA has won the contract right to start building the new C-27J cargo plane for the Army and Air Force. Initial contract is worth $2 BILLION. Entire contract is worth up to as much as $7 BILLION!!! http://www.defenselink.mil/contracts/contract.aspx?contractid=3537
Yet another STRONG quarterly earnings performance with cash flow now looking to be just north of $1.1 billion for the year. Currently trading at $109.00 today. Hope everyone made some money on this incredibly well positioned electronics defense company.
Closed today ( Friday ) at new ALL-TIME highs +$2.26 at $110.06 Congratulations for all of those that have been LONG this great company in Electronics Defense!
http://www.profitquotes.com/commodities-quotes.mpl?a=detailed&ticker=lll here's the link to the stock quote. you don't have to give us updates any longer