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L3 to Update Navy Submarine Sensor Under Potential $74M Contract

L3 Technologies (NYSE: LLL) has secured a potential six-year, $73.7M contract to update, repair and overhaul submarine photonics masts used on U.S. Navy submarines. The service branch will obligate $2.1M in fiscal 2019 other procurement funds at the time of award, the Department of Defense said Monday.

TCOM Wins Potential $979M Army Tethered Aerostat Support Contract

Airborne surveillance systems provider TCOM has won a potential five-year, $978.9M contract to help the U.S. Army engineer, and operate low-altitude aerostats that are intended for intelligence, surveillance and reconnaissance missions.