Defense contractor L-3 Communications Holdings Inc. said Thursday it has received two contracts for work in Iraq, worth a total of $255.7 million.
The first, a three-year contract valued at $230.9 million, is for providing support services to U.S. and multinational forces in Iraq, the company said.
The second is a one-year contract valued at $24.8 million to provide imagery analysis services in support of the U.S. Special Operations Command, L-3 added.
Shares of New York-based L-3 fell 81 cents to $91.75 in midday trading.