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Tag Archives: L-3 Communications

L-3 Division to Support Air Force E-3 Flight Simulation Program

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An L-3 Communications (NYSE: LLL) division has received a $9.3 million contract to provide the U.S. Air Force with a system for training pilots to operate the E-3 airborne warning and control system aircraft. The sole-source contract also includes program management, flight training simulation and logistics support services, the Defense ...

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Jerry Powlen: Raytheon to Build P-8A Open Architecture for Navy

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A Raytheon-led (NYSE: RTN) consortium has been awarded a $15.5 million contract to help the U.S. Navy design and develop an application-based architecture for the military service’s P-8A maritime surveillance aircraft. The company said Tuesday it will build the ABA to help the branch implement third-party Poseidon mission software apps and ...

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December 30 Market Close: GovCon Index Records Slight Decline

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The GovCon Index was down for the second consecutive day. The index closed Tuesday at 71.520, down 0.150 point, or 0.210 percent. The stock markets closed down with the Nasdaq composite index at 4,777.44, down 0.61 percent, the Standard & Poor’s 500 at 2,080.35 down 0.49 percent, and the Dow ...

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L-3 Board Authorizes $1.5B Stock Repurchase; Michael Strianese Comments

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L-3 Communications (NYSE: LLL) has received the go-ahead from its board of directors to buy back another $1.5 billion in shares through June 30, 2017. “We are pleased to increase our share repurchase program by $1.5 billion, which reflects our solid financial performance, strength in our balance sheet and continued ...

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Les Rose: L-3 NSS Segment Lands ‘1st Major’ NGA Contract

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A division of L-3 Communications (NYSE: LLL) will provide communications infrastructure engineering, operations and sustainment support to the National Geospatial-Intelligence Agency under a potential five-year, $218 million contract. The company said Monday the Information Technology Enterprise Managed Services Transport Services contract covers services, equipment, devices and infrastructure that support NGA’s data transmission activities. L-3 National Security Solutions ...

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November 5 Morning Report: GovCon Index Up on Tuesday’s Close

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The GovCon Index closed Tuesday at 68.521, slightly up 0.082 or 0.120 percent. U.S. stocks ended mixed on the back of anxious investors over the congressional elections and an oil price drop, CNBC reported Tuesday. The Dow Jones Industrial Average went up 17.60 points, or 0.1 percent, to 17,383.84, while the ...

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Ralph Alderson Named Dynamic Aviation SVP for Programs; Michael Stoltzfus Comments

Dynamic aviation

Ralph Alderson, former vice president for programs at L-3 Communications‘ (NYSE: LLL) unmanned systems division, has joined Dynamic Aviation as senior VP for programs. “He will be integral in guiding Dynamic Aviation’s strategic initiatives in the coming years,” Michael Stoltzfus, Dynamic Aviation president and CEO, said Tuesday. Alderson will oversee ...

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October 23 Morning Report: GovCon Index Down at Market Close

GovConIndex

The 30-company GovCon Index closed at 64.584 on Wednesday, down by 0.270 point or 0.419 percent from the previous day. The Standard & Poors 500 index dropped 0.7 percent to 1927 points, the Nasdaq composite index registered an 0.8 percent fall to 4383 and the Dow Jones industrial average inched down 0.9 percent to 16,461 as markets reacted ...

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Army Taps 17 Firms for Army Research Lab/JIEDDO Challenge IDIQ

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The U.S. Army has selected 17 companies to participate in the initial task order for the Culvert Denial Challenge program, which is run by the Army Research Laboratory and Joint Improvised Explosive Device Defeat Organization. The Defense Department said Tuesday that the indefinite-delivery/indefinite-quantity contract is worth up to $49.5 million through September 2019. Work ...

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Northrop Awarded $3.6B to Build 25 Navy Hawkeye Aircraft

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Northrop Grumman Corp. (NYSE: NOC) has been awarded a $3.6 billion multiyear contract to build a new batch of Hawkeye aircraft for the U.S. Navy. Northrop will work to build 25 new E-2D Advanced Hawkeyes and incorporate a rotating rotodome and four vertical stabilizer tail configuration into the aircraft for ...

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