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L3 Technologies and Saudi Arabian Military Industries Enter Into Joint Venture

LE BOURGET, France--(BUSINESS WIRE)--L3 Technologies (NYSE:LLL) announced today that it has signed a joint venture agreement with Saudi Arabian Military Industries (SAMI) to collaborate on electro-optical and infrared (EO/IR) and special mission systems projects within the Kingdom of Saudi Arabia (KSA). The contract was signed on June 18 in the SAMI Chalet during the Paris Air Show.