L-3 CFO makes a statement about M&A
in the recent L-3 conference call....See transcript
Ralph D'Ambrosio...CFO Concerning L-3 EDS systems
"There are new technologies that could be added as well to provide further scanning capabilities...such as trace detection capacity, which right now isn't done 100%, but you can imagine that technology could probably get built into the tunnels that are already processing bags rather than in the individual one-off examination that are b eing conducted. IT'S AN ACTIVE AREA, BOTH FROM AN R&D STANDPOINT,FROM A POTENTIAL M&A STANDPOINT, BECAUSE THERE ARE TECHNOLOGIES THAT ARE AVAILABLE IN THE MARKET PLACE FOR US TO EVALUATE.........."
L-3 is looking at 6-7 M&A's, which 1 or 2 will happen very soon.
Transcript of new C.C. has some good hints.
Fred1949
