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Tag Archives: L-3 Communications

L-3 Lands Potential $157M Navy Submarine Photonics Mast Contract; Matthew Richi Comments

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A business unit of L-3 Communications (NYSE: LLL) will develop a new photonics mast for the U.S. Navy‘s Virginia-class submarines under a potential $157 million contract from the Naval Sea Systems Command. The company said Tuesday its L-3 KEO electro-optics business will provide engineering and design services for the Block 4 Low Profile Photonics Mast program. The contract ...

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L-3 Vertex Awarded $56M Navy Training Logistics Contract Modification

Contract

A subsidiary of L-3 Communications (NYSE: LLL) has received a $56.2 million contract modification from the U.S. Navy for logistics and depot-level services on 119 TH-57 trainer aircraft. The Defense Department said Tuesday L-3 Communications Vertex Aerospace will provide the services in support of the undergraduate helicopter pilot training program of the Naval Air Training Command. ...

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State Dept Clears US’ $130M Lockheed F-16 Upgrade Deal with Singapore

F16Fleet

Lockheed Martin (NYSE: LMT) will modernize Singapore’s F-16 Block 52 aircraft fleet after the State Department approved a potential $130 million foreign military sales agreement. The proposed FMS deal covers overhaul work on 60 F-16C/D/D+ planes and associated technology such joint helmet-mounted cueing systems, friend or foe devices, global positioning and inertial ...

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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

GovConIndex

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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