During the quarter, L-3 Corporate repurchased $126.0 million of its common stock and paid $49 million through dividends.
The company has lowered its revenue guidance for 2013 to the range of $12,500 million to $12,600 million versus its prior expectation of $12,550 million to $12,750 million. It expects earnings from continuing operations in the range of $8.05 to $8.15 versus its prior expectation of $8.15 to $8.35. For 2013, the company expects operating margin of 9.8% versus its prior expectation of 10.0%.