Author: Scott Nicholas|| Date Published: November 6, 2017
L3 Technologies (NYSE: LLL) has secured two contracts worth up to $281 million combined from the U.S. Air Force to fabricate aircraft and develop a mission system for unnamed foreign military sales customers.
The company will provide aircraft engineering, fabrication and procurement services under a potential $210 million contract that runs through April 2, 2022, the Defense Departmentsaid Friday.
DoD added the mission system development contract has a potential value of $71 million and the Pentagon expects L3 to complete work by Nov. 30, 2020.
The Air Force’s 645th Aeronautical Systems Group obligated $102.9 million in FMS funds for the first contract at the time of award and another $34.8 million in FMS for the second contract.
L3 will perform all work at a company facility in Greenville, Texas.
AeroVironment has tapped Robert “Rob” Smith as executive vice president and chief operating officer. Smith’s appointment, which will become official April 13, underscores…
GreyNoise Intelligence has launched Command and Control Detection, a new intelligence module designed to identify active cyber compromises using outbound…
L3 Technologies (NYSE: LLL) has secured two contracts worth up to $281 million combined from the U.S. Air Force to fabricate aircraft and develop a mission system for unnamed foreign military sales customers.
