M&A Deal Summary

L-3 Communications Acquires Nautronix Defence Group

On June 1, 2006, L-3 Communications acquired aerospace company Nautronix Defence Group from Nautronix for 71M USD

Acquisition Highlights
  • This is L-3 Communications’ 6th transaction in the Aerospace sector.
  • This is L-3 Communications’ 11th largest (disclosed) transaction.
  • This is L-3 Communications’ 14th transaction in the United States.
  • This is L-3 Communications’ 1st transaction in New York.

M&A Deal Summary

Date 2006-06-01
Target Nautronix Defence Group
Sector Aerospace
Buyer(s) L-3 Communications
Sellers(s) Nautronix
Deal Type Divestiture
Deal Value 71M USD

Target

Nautronix Defence Group

New York, New York, United States
Nautronix Defence Group, a provider in mine warfare and anti-submarine warfare (ASW) systems and products

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Buyer(S) 1

Buyer

L-3 Communications

New York, New York, United States

website


Category Company
Founded 1997
Sector Technology Hardware
Employees38,000
Revenue 9.6B USD (2017)
DESCRIPTION

L3 Technologies, Inc. is an american company that supplies command and control, communications, intelligence, surveillance and reconnaissance systems and products, avionics, ocean products. L3 Technologies was founded in 1997 and is based in New York.


DEAL STATS #
Overall 16 of 45
Sector (Aerospace) 6 of 14
Type (Divestiture) 4 of 8
State (New York) 1 of 2
Country (United States) 14 of 36
Year (2006) 7 of 9
Size (of disclosed) 11 of 15
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-05-24 Crestview Aerospace

Crestview, Florida, United States

Crestview Aerospace provides aircraft structures, major airframe assemblies and military aircraft modifications for leading prime contractors and original equipment manufacturers (OEMs). Crestview Aerospace was founded in 1964 and is based in Crestview, Florida.

Buy $135M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-07-18 TRL Technology

Tewkesbury, United Kingdom

TRL Technology Ltd. is an agile technology company which designs and delivers advanced electronic systems for the protection of people, infrastructure and assets in the fields of electronic warfare and cyber scurity.

Buy -

Seller(S) 1

SELLER

Nautronix

Aberdeen, United Kingdom

website


Category Company
Founded 1989
Sector Communications
Employees120
Revenue 17M USD (2024)
DESCRIPTION

Nautronix is an international provider of advanced subsea acoustic positioning systems, diver communication systems, and acoustic subsea controls. Nautronix was founded in 1989 and is based in Aberdeen, Scotland.


DEAL STATS #
Overall 1 of 1
Sector (Aerospace) 1 of 1
Type (Divestiture) 1 of 1
State (New York) 1 of 1
Country (United States) 1 of 1
Year (2006) 1 of 1
Size (of disclosed) 1 of 1