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Tag Archives: L-3 Communications

9 Firms Win Spots on $1.8B Navy Training Systems Support IDIQ

Logistics

Nine companies have won positions on a potential five-year, $1.75 billion contract to support fielded training systems of the U.S. Navy and the U.S. Marine Corps as well as foreign military customers. The Defense Department said Monday contractors will compete for individual orders to perform training device operation, maintenance, modification and relocation services, contract instruction, …

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L-3 Communications Offers New ISR Aircraft to International Market

L-3 logo

TYSONS CORNER, VA, July 22, 2016 — L-3 Communications (NYSE: LLL) has unveiled a new intelligence, surveillance and reconnaissance aircraft at the Farnborough Air Show in the U.K. as it eyes further expansion in the international market, ExecutiveBiz reported Thursday. FlightGlobal reported Wednesday the Spydr II twin-turboprop aircraft features modular sensors and roll-on/roll-off …

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July 18 Morning Report: GovCon Index Posts Nominal Decline Ahead of Q2 Earnings Season

GovConIndexDOWN

Executive Mosaic’s GovCon Index posted a nominal loss of 0.004 points to 81.819 Friday to end a four-day rally but closed the week up 1.257 percent. The second-quarter earnings season opens Tuesday, and Lockheed Martin (NYSE: LMT) will be the first GovCon Index company to report second-quarter earnings with its statement due prior to the opening bell. Top GovCon …

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CAE Gets Lockheed, L-3 Contracts for Training Support to UK, Canada; Gene Colabatistto Comments

Gene Colabatistto

TYSONS CORNER, VA, July 11, 2016 — CAE (NYSE: CAE) will supply flight simulation equipment and provide training support to the U.K. and Canadian military under separate contracts from Lockheed Martin (NYSE: LMT) and a subsidiary of L-3 Communications (NYSE: LLL), ExecutiveBiz reported Thursday. Lockheed chose CAE to provide flight …

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July 11 Morning Report: GovCon Index Posts Gain as June Jobs Report Exceeds Expectations

GovConIndexUP

Executive Mosaic’s GovCon Index closed Friday with a 1.579-percent gain to 80.813 and ended the week up 1.342 percent. Lockheed Martin (NYSE: LMT), Raytheon (NYSE: RTN), Huntington Ingalls Industries (NYSE: HII), Honeywell International (NYSE: HON) and Vectrus (NYSE: VEC) reached 52-week highs in Friday intraday trade. Friday’s performance comes as the Labor Department reports that non-farm …

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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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