L-3 Group Wins Defense Pact

The deal is worth at least $2.04 billion.
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A team led by

L-3 Communications

(LLL) - Get Report

received a contract for at least $2.04 billion to supply C-27J cargo aircraft to the U.S. Army and U.S. Air Force.

The group also includes Alenia North America and

Boeing's

(BA) - Get Report

Integrated Defense Systems unit.

Shares of L-3 rose 1.7% early Thursday.