Home / Search Results for: L3

Search Results for: L3

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 …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

L3 Consolidates Two Businesses Into New ISR Tech Segment; Christopher Kubasik Comments

L3 Technologies (NYSE: LLL) has integrated the company’s aerospace and sensor systems businesses into a new segment that will develop and offer intelligence, surveillance, reconnaissance and signals intelligence technology platforms. “This business realignment action supports our objective to improve operating margin to 12 percent for 2019,” L3 Chairman, President and CEO Christopher Kubasik said …

Read More »

Executive Mosaic’s Weekly GovCon Round-Up: L3 Technologies’ M&A Activity & Top 10 Stories

Weekly Roundup July 16 – July 20, 2018 Click here to see Real-Time GovCon Sector Quotes Executive Mosaic’s Weekly GovCon Round-Up: L3 Technologies’ M&A Activity & Top 10 Stories Jim Garrettson, Executive Mosaic CEO       L3 Technologies Enjoys Strong M&A Activity in July This week, I’d like to highlight L3 Technologies which has engaged in …

Read More »

Stephen O’Bryan Named L3 SVP, Global Business Dev’t Head

Stephen O’Bryan, a 30-year aerospace and defense veteran, has been appointed senior vice president and chief global business development officer at L3 Technologies (NYSE: LLL). He will be responsible for coordinating the New York-based contractor’s business relationships with the Defense Department, Congress and international customers, the company said Friday. “Steve is a highly respected …

Read More »

L3 to Buy Cyber Firms Linchpin Labs, Azimuth Security for $200M; Christopher Kubasik Comments

L3 Technologies (NYSE: LLL) has agreed to purchase information security firms Linchpin Labs and Azimuth Security for approximately $200 million combined in a push to develop synergies for future growth and build up its cyber, surveillance and intelligence collection capabilities. L3 said Wednesday the acquired companies will operate as L3 …

Read More »

BAE Taps L3 to Support Compass Call EW System Transition to Newer Aircraft

TYSONS CORNER, VA, July 11, 2018 — BAE Systems is collaborating with L3 Technologies (NYSE: LLL) to transfer the former’s Compass Call electronic warfare technology from the legacy EC-130H to the newer EC-37B aircraft as part of the U.S. Air Force‘s Cross Deck program, ExecutiveBiz reported Tuesday. The system migration to the Gulfstream G550-based EC-37B aims to facilitate greater …

Read More »

Christopher Kubasik: L3 to Continue Investment Strategy After Vertex Aerospace Business Sale

New York-based investment firm American Industrial Partners has closed its purchase of Vertex Aerospace businesses from L3 Technologies (NYSE: LLL) for approximately $540 million in cash. The transaction initially announced in May is subject to customary adjustments and covers the acquisition of L3’s TCS and Crestview Aerospace business units that operate under the technology contractor’s aerospace …

Read More »