Based on the aggregated intelligence of 130,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, defense contractor L-3 Communications Holdings (NYSE:LLL) has earned a respected four-star ranking.

With that in mind, let's take a closer look at L-3's business, and see what CAPS investors are saying about the stock right now.

L-3 facts 

Headquarters (founded)

New York, N.Y. (1997)

Market Cap

$8.65 billion


Aerospace and defense

TTM Revenue

$14.9 billion


CEO Michael Strianese (since 2006)
CFO Ralph D'Ambrosio (since 2007)

Return on Equity (average, last three years)


Dividend Yield



Lockheed Martin (NYSE:LMT)
Honeywell (NYSE:HON)
Raytheon (NYSE:RTN)

CAPS members bullish on LLL also bullish on

General Electric (NYSE:GE)

CAPS members bearish on LLL also bearish on

Citigroup (NYSE:C)

Sources: Capital IQ (a division of Standard & Poor's) and Motley Fool CAPS. TTM = trailing 12 months.

Over on CAPS, 688 of the 718 members who have rated L-3 -- or 96% -- believe the stock will outperform the S&P 500 going forward. These bulls include Moneyplow7 and mtinvest.

Two weeks ago, Moneyplow7 helped our community scan the situation:

Have you seen their new scanners? Every prison, airport and court house in America and around the world will be buying these things. I'd wait for the price to come in a little more, do your research. This stock will fly once we get rid of all the "chicken littles".

In a pitch from two days earlier, mtinvest also tapped L-3 as a steady way to play defense:

L-3 Communications is the 8th largest defense contractor in the world measured by 2007 defense related revenue. 81% of the total revenue in 2007 was related to defense. Capital expenditure is large, debt levels are not low and return on equity is not extremely high, but [L-3] has grown shareholder equity at a steady pace in the past and will continue to do so in the future.

What do you think about L-3 Communications, or any other stock for that matter? Make your voice heard on Motley Fool CAPS today. More than 130,000 investors are waiting to hear what you have to say. CAPS is 100% free, so simply click here to get started.

Fool contributor Brian Pacampara owns no position in any of the companies mentioned. Apple is a Motley Fool Stock Advisor pick. The Fool's disclosure policy always gets a perfect score.