[Via Satellite 01-23-2015] L-3 Communications has acquired Miteq, manufacturer of specialized RF microwave products and solid-state components for satellite communications, for $41 million, subject to customary adjustments. Miteq will be merged with L-3’s Narda Microwave-East business, which will be renamed L-3 Narda Miteq. L-3 expects the Miteq acquisition to create roughly $60 million in sales [...]

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Source: [url=http://www.satellitetoday.com/technology/2015/01/23/l-3-buys-miteq-for-41-million/]L-3 Buys Miteq for $41 Million[/url]