Monday, December 18, 2006

L-3 Loses Contract To DynCorp

L-3 Communications Holdings Inc. (LLL) lost a $4.6 billion five year contract with the Army to DynCorp International Inc. (DCP). Shares of L-3 plunged $4.72 to close at $79.00 while DynCorp stock soared $2.14 to close at $16.05.

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