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Tag Archives: L-3 Communications

L-3 Subsidiary Wins $302M Navy Logistics Support Contract for C-12 Transport, Trainer Planes

Logistics

A subsidiary of L-3 Communications (NYSE: LLL) has won a potential $302.2 million contract to provide logistics services for the C-12 Huron utility lift aircraft of the U.S. Navy. L-3 unit Vertex Aerospace will perform post-production, aircraft maintenance and materials delivery for Marine Corps Reserve C-12 as well as Navy TC-12B trainer aircraft, the Defense Department said Wednesday. Vertex Aerospace …

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May 23 Morning Report: GovCon Index, Major Markets Post Gains

GovConIndexUP

The GovCon Index closed the week up 0.705 points to 77.776 to mirror major market indexes’ gains as fears of a June interest rate hike by the Federal Reserve subsided. The Dow Jones Industrial Average climbed 65.54 points to close at 17,500.94, the S&P 500 was up 12.28 points to 2,052.32 and Nasdaq gained 57.02 points to reach 4,769.56. …

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May 20 Market Close: GovCon Index Closes Up

GovConIndexUP

As fears of the June Federal Reserve rate hike subsided the GovCon Index and major market indexes closed the week in the positive. The GovCon Index closed at 77.776 up 0.705 points, the Dow Jones Industrial Average was up 65.54 points to close at 17,500.94, the S&P500 gained 12.28 to 2,052.32, …

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L-3 to Move Electron Devices Manufacturing to California, Pennsylvania Sites

L-3 logo

TYSONS CORNER, VA, May 18, 2016 — L-3 Communications (NYSE: LLL) has started preparations to consolidate and transition the manufacturing operations of its electron devices unit in San Carlos, California, to sites in north central Pennsylvania and Los Angeles, ExecutiveBiz reported Tuesday. The company said Monday it will work on the phased consolidation efforts …

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May 5 Market Close: GovCon Index Rises on Huntington Ingalls & McKesson Gains, Orbital ATK Down on Sales Miss

GovConIndexUP

The GovCon Index stayed clear of choppy activity in U.S. financial markets with a gain of 0.705 points — or 0.929 percent — to 76.572 on a first quarter earnings beat by shipbuilder Huntington Ingalls Industries (NYSE: HII) and a sharp spike in McKesson Corp. (NYSE: MCK) shares. Huntington Ingalls rose 4.13 percent after the …

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L-3 Division Secures $200M AF Contract for Warfighter Readiness & Training Research

L-3 logo

An L-3 Communications (NYSE: LLL) division has landed a seven-year, $200 million contract from the U.S. Air Force to offer warfighter readiness and training research. L-3 Link Simulation and Training will research, develop, evaluate and validate training approaches, methods, tools and infrastructure, the Defense Department said Thursday. The Air Force Research …

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April 25 Morning Report: GovCon Index Posts Positive Week Ahead of 1Q Earnings Reports

GovConIndexUP

The GovCon Index ended the Friday trading session with a gain of 0.387 points to 76.369 to close its second consecutive week in positive territory. Eleven GCI-listed companies, including the five largest government and defense contractors in the U.S., will report first-quarter earnings this week. The schedule is as follows: Tuesday: Lockheed Martin (NYSE: LMT) …

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David Ramirez is Elected Into 2016 Wash100 List for His Leadership in Intl Market Strategy

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Executive Mosaic, Tysons Corner, VA April 19, 2016 — David Ramirez, FireEye (NASDAQ: FEYE) president of the global government business, has been inducted into Executive Mosaic’s Wash100 list of the most influential leaders in GovCon for his contributions in global sales strategy. The Wash100 is the premier group of private and public …

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L-3 Unit to Provide F-16 Training System Maintenance Support to Poland

L-3 logo

TYSONS CORNER, VA, April 12, 2016 — A business unit of L-3 Communications (NYSE: LLL) will provide maintenance and technical support for the F-16 Aircrew Training System of Poland’s air force, ExecutiveBiz reported Monday. The company said Thursday L-3 Link Simulation & Training will also supply spare and repair parts for …

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IEM Appoints Army Vet Donald Renner VP of Defense & IT Business

Donald Renner

Donald Renner, a retired U.S. Army colonel, has joined IEM as vice president of its defense and information technology arm, where he will oversee the firm’s business in the IT and defense sectors. The global security consulting company said Wednesday Renner brings his three-decade experience in federal IT services. “Don Renner is a recognized leader …

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