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Tag Archives: L-3

L-3 Wins Navy Night Vision Binoculars Contract

L-3 logo

L-3 Communications (NYSE: LLL) has won a potential five-year, $49.5 million contract to build binocular night vision devices for the U.S. Navy to use for surveillance and identification. The Naval Surface Warfare Center received three offers for the firm-fixed-price, indefinite-delivery/indefinite-quantity contract, the Defense Department said Wednesday. L-3 will build the binoculars ...

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L-3 Acquires RF Microwave Tech Maker Miteq for $41M; John Mega Comments

wireless communications

L-3 Communications (NYSE: LLL) has purchased radio frequency microwave technology manufacturer Miteq for $41 million and will create a new business that will operate under the name L-3 Narda-Miteq. The transaction will combine Miteq’s RF microwave products and solid-state satellite communications components with similar technologies made by L-3’s Narda Microwave East company that is based in Hauppauge, ...

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Wartsila to Buy L-3’s Marine Systems Int’l Business for $357M; MIchael Strianese Comments

Michael Strianese

L-3 Communications (NYSE: LLL) has agreed to sell its Marine Systems International business to Wartsila Corp. for $357 million in a move that L-3 CEO Michael Strianese says is part of the company’s plan to reshape its portfolio. The companies expect to complete the transaction in the second quarter of 2015 and Wartsila will assume $75 ...

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L-3 Approves 55-Cent Dividend for Shareholders

L3 logo

The board of directors at L-3 Communications (NYSE: LLL) has declared a quarterly cash dividend of 55 cents per share on the company’s common stock. Stockholders of record as of Aug. 19 will be paid the dividend on Sept. 16, the company said Wednesday. L-3 reported $13.1 billion in sales for ...

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RJ Kolton Joins Data Systems Analysts as Business Development SVP

RJ Kolton

Randy J. “RJ” Kolton has joined Fairfax, Va.-based information sharing services firm Data Systems Analysts as senior vice president of business development from his SVP for strategy and corporate development role at Ideal Innovations (I-3). The retired U.S. Army lieutenant colonel is now responsible for  planning, implementing, and managing DSA growth strategies ...

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John Gorman Named A MacB Business Development Lead; Mark Chadason Comments


John Gorman, former a Northrop Grumman (NYSE: NOC) director and L-3 Communications (NYSE: LLL) vice president, has joined MacAulay-Brown as vice president of Maryland operations and business development. Gorman will be responsible for growing business and supporting intelligence clients at Fort Meade, Md., home to U.S. Cyber Command, the National Security ...

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