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Search Results for: L3

Harris Refiles Antitrust Notification for L3 Merger Deal

Harris (NYSE: HRS) has withdrawn and refiled a notification required under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 with regard to its proposed merger with L3 Technologies (NYSE: LLL). Harris resubmitted the notification Tuesday and the waiting period for the notice under the antitrust law is set to expire on Jan. 10, …

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Ellen Lord: DoD Continues to Evaluate Proposed L3-Harris Merger

Ellen Lord, undersecretary for acquisition and sustainment at the Defense Department, has said DoD is working with antitrust regulators to find out if the proposed merger of L3 Technologies (NYSE: LLL) and Harris (NYSE: HRS) would have an impact on the “competitive landscape,” Reuters reported Wednesday. “We’re working through the process. We …

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Northrop, L3 Win Navy RF Jamming Tech Demo Contracts

The U.S. Navy has awarded L3 Technologies (NYSE: LLL) and Northrop Grumman (NYSE: NOC) separate contracts to test radio frequency jamming technologies and provide related technical data. L3 and Northrop will receive up to $35.8M and $35.2M in contract funds, respectively, to perform work on Increment 2 of the Navy’s Next Generation Jammer …

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Harris, L3 to Merge in All-Stock Transaction; Christopher Kubasik, William Brown Quoted

L3 Technologies (NYSE: LLL) and Harris (NYSE: HRS) have agreed to merge in an all-stock deal that will establish the country’s sixth largest defense technology company serving government and industry clients across more than 100 countries. The combined company will operate as L3 Harris Technologies in Melbourne, Fla., upon the deal’s …

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Charles Davis Named L3 International SVP; Christopher Kubasik Quoted

Charles Davis, former acting president of L3 Technologies’ (NYSE: LLL) reconnaissance mission systems business, has been appointed senior vice president of the company’s international subsidiary. He will work with Stephen O’Bryan, corporate SVP and chief global business development officer, to manage global customer outreach, marketing and sales functions, the company said Monday. Davis will …

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L3 Acquires ASV Global in Unmanned Maritime Tech Expansion Push; Christopher Kubasik Quoted

L3 Technologies (NYSE: LLL) has purchased unmanned surface vessel developer ASV Global for an undisclosed sum in a move to expand its autonomous maritime capabilities. The acquired company will operate as L3 ASV and will help L3 broaden its range of offerings such as integrated unmanned undersea and surface vessels, autonomous off-board …

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Sean Stackley Promoted to Lead L3’s New Comms & Networked Systems Segment; Christopher Kubasik Quoted

Sean Stackley, formerly corporate vice president for strategic advanced programs and technology at L3 Technologies (NYSE: LLL), has been named corporate senior VP and president of the company’s newly created communications and networked systems segment. He succeeds Andrew Ivers, a 13-year L3 veteran who is set to retire by the end of …

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L3 Closes Azimuth Security, Linchpin Labs Acquisition Deals

L3 Technologies (NYSE: LLL) has completed its acquisitions of Azimuth Security and Linchpin Labs nearly two months after announcing the two deals worth a combined $200M. Both information security providers will merge into a single business called L3 Trenchant, the New York City-based company said Friday. L3 — which generated $9.6B in …

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L3 to Produce Army Tactical UAS Payload Under Potential $454M Contract

L3 Technologies (NYSE: LLL) has won a potential five-year, $454M contract to build, deliver and support an electro-optic infrared laser designator payload for the U.S. Army’s RQ-7Bv2 tactical unmanned air system. The Army Contracting Command received two bids for the project via the internet, the Defense Department said Wednesday. Work under the EO/IR/LD …

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L3 Secures Potential $240M DISA Contract for Ka-Band Military Comms Services

L3 Technologies (NYSE: LLL) has received a potential $240M contract from the Defense Information Systems Agency to help military personnel communicate during air transit. Under the non-competitive contract, L3’s integrated systems business will provide Ka-band communications support to senior leaders and their staff who travel via aircraft, the Defense Department said Friday …

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