Monday, April 23, 2007

UPDATE 1-L-3 profit up on military electronics

(Reuters) - The company, which makes a range of electronic gear for military aircraft and runs technology systems for U.S. federal agencies, also raised its forecasts for the full year, saying that two recent, small acquisitions would add to earnings.

The New York-based company posted a net profit of $162 million, or $1.29 per share, compared with $139 million, or $1.13 per share, a year earlier.


Read more at Reuters.com Market News

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