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Tag Archives: L-3 Communications

Tim Denning Named STG Business Development VP; Paul Fernandes Comments

STG logo

Tim Denning, director of IDIQ management at STG since 2014, has been named vice president for business development at the Reston, Virginia-based information technology services contractor. Denning will be responsible for helping develop and implement the company’s organic growth strategies and will lead its business development and capture functions in his new position, STG said Wednesday. …

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Former Engility SVP Michael Dallara Joins Sevatec as COO; Balan Ayyar Comments

Michael-Dallara

Sevatec has appointed Michael Dallara, formerly an Engility (NYSE: EGL) senior vice president, as the technology services company’s chief operating officer. Dallara will manage business operations as COO and help in the growth and expansion efforts of the company, Sevatec said Wednesday. “Mike brings an extraordinary record of high performance with our key customers …

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June 13 Morning Report: GCI Posts 4th Straight Weekly Gain on Strong Defense Contractor Stocks

GovConIndexDOWN

The GovCon Index closed Friday with a decline of 0.551 points to 79.942 but ended with its fourth consecutive weekly gain with a 1.20-percent increase. Upgrades to prime defense contractor stocks including L-3 Communications (NYSE: LLL) and strong performances from Boeing (NYSE: BA), General Dynamics (NYSE: GD) and Northrop Grumman (NYSE: NOC) helped drive the Index’s …

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Heidi Wood Joins L-3 as VP, Chief Analytics Officer; Christopher Kubasik Comments

Heidi Wood

Heidi Wood, formerly senior vice president of strategy at Spirit AeroSystems (NYSE: SPR), has joined L-3 Communications (NYSE: LLL) as VP and chief analytics officer. Wood will report directly to Christopher Kubasik, L-3 president and chief operating officer, and will be in charge of the company’s acquisitions strategy, business development and …

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June 6 Morning Report: GovCon Index Posts Narrow Friday Gain on May Jobs Data

GovConIndexUP

The GovCon Index closed Friday with a narrow gain of 0.091 points to 79.018 for its third consecutive week in positive territory as the Labor Department reported May jobs data below expectations. According to CNBC, analysts have also indicated that the Federal Reserve could implement a 54-percent increase in the interest rate as …

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L-3 Unit Wins $1.9B USAF Contract for KC-10 Refueling Aircraft Logistics Support

L-3 logo

A business unit of L-3 Communications (NYSE: LLL) has won a nine-year, $1.9 billion contract to provide contractor logistics support for Boeing-built (NYSE: BA) KC/KDC-10 in-air refueling aircraft flown by the U.S. Air Force. The Defense Department said Wednesday L-3’s Vertex Aerospace business will operate and maintain base supply, perform aircraft maintenance and manage service bulletins …

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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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