L-3 Wins $669M for Canada Aircraft Logistics; John McNellis Comments

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An L-3 Communications division (NYSE: LLL) has won a potential 15-year, $669 million contract to provide in-service support services to the Canadian military for aircraft used in VIP transportation and evacuation missions. L-3 MAS, part of the company’s integrated systems group, won the interim contract to support the Airbus CC-150 Polaris in June 2012 and this new contract contains five...

L-3 Approves 55-Cent Dividend for Shareholders

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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 its 2012 fiscal year. LinkedInTweet+1E-mail

RJ Kolton Joins Data Systems Analysts as Business Development SVP

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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 and business development...

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

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Mark Chadason 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 Agency and Defense Information...

Christine Bailey Joins Accenture As Deputy Federal CFO

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Christine Bailey Christine Bailey, a former chief financial officer at L-3 Communications‘ (NYSE: LLL) MPRI division, has joined Accenture (NYSE: ACN) as deputy CFO for its federal services subsidiary, GovCon Wire has learned. Bailey joined MPRI in June 2011 as senior vice president and CFO, holding responsibility for the division’s financial planning, accounting, and contractual practices. Prior...

Northrop To Integrate B-2 Electronic Warfare System; Lauren Stevens Comments

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Northrop Grumman (NYSE: NOC) has won a contract to continue developing an electronic warfare system for the U.S. Air Force‘s B-2 bomber. The Air Force awarded the potential three-year contract to update the bomber’s defensive management system with a new Lockheed Martin-made (NYSE: LMT) avionics graphics processor and antennas made by L-3 Communications (NYSE: LLL) and Ball Aerospace and...

L-3 Increases 9th Straight Quarterly Dividend, Buying Back $1.5B In Shares

L-3 Communications (NYSE: LLL) has increased its quarterly dividend for the ninth straight quarter as the board of directors declared a 55-cent dividend, 10 percent more than the previous 50-cent dividend. The company will also enter its sixth share repurchase program as the board has approved a plan to buy back $1.5 billion in common stock through June 15, 2013, L-3 said Wednesday. Cash on hand and...

Catapult Names L-3 Vet Brian Murphy Enterprise Systems Business Development Lead; John Scarcella Comments

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John Scarcella Catapult Technology has appointed L-3 Communications veteran Brian Murphy director of business development for the enterprise systems team, Catapult said Monday. The company said Murphy will be responsible for acquiring new business in the defense sector, identifying opportunities and leading proposal development. He will also be responsible for building relationships with team partners...

L-3 to Provide Navy, Marines VideoScout Streaming System; Steve Kantor Comments

Steve Kantor L-3 Communications (NYSE: LLL) has won a potential $85 million contract to provide the U.S. Navy and Marine Corps a system for capturing and processing video from manned and unmanned airborne platforms. The company said the potential four-year contract covers potential purchase of new equipment, modifications of existing equipment and the development of new system upgrades. More than 1,000...

Navy Hands Down Potential $750M C4ISR Engineering IDIQ

The U.S. Navy has awarded a $750 million contract to five companies for engineering services on C4ISR initiatives and programs (command, control, communications, computers, intelligence, surveillance and reconnaissance). The Defense Department said Wednesday the Navy received seven offers for the indefinite-delivery/indefinite-quantity, firm-fixed-price, multiple award contract through a full and open...