Friday, June 15, 2007

Fitch changes L-3's outlook to "stable" from "negative"

(Reuters) - The Pentagon's No. 7 contractor, L-3 makes electronic gear
for military aircraft and airport security equipment and runs
technology systems for U.S. federal agencies.




The company generated $826 million in free cash flow last
year, up from $668 million in 2005, and will likely churn out
more than $875 million this year, Fitch said.


Read more at Reuters.com Bonds News

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