Search Results for: L3

L3 Names John Kim VP of Investor Relations, Analytics

L3 Technologies (NYSE: LLL) has appointed John Kim, former senior analyst at SAB Capital, to serve as vice president of investor relations and analytics. In his new role, Kim will oversee L3’s investment community engagement, reporting directly to Heidi Wood, senior VP of strategy and technology, the company said Monday. He will also …

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American Industrial Partners to Buy L3’s Vertex Aerospace Business Through $540M Cash Deal

New York-based private equity firm American Industrial Partners has agreed to buy Vertex Aerospace business from L3 Technologies (NYSE: LLL) for approximately $540 million in cash. The transaction includes the acquisition of L3’s TCS and Crestview Aerospace business units that operate under the technology contractor’s aerospace systems segment and both companies …

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Former Lockheed, Leidos Exec Melanie Heitkamp Named L3 SVP, Chief HR Officer

Melanie Heitkamp, formerly senior vice president of human resources at Leidos‘ (NYSE: LDOS) defense and intelligence group, has been appointed SVP and chief HR officer of L3 Technologies (NYSE: LLL) in a move slated to take effect May 21. L3 said Thursday Heitkamp will succeed the retiring Kevin Weiss and oversee the company’s recruitment …

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L3 Enters Deal to Provide Integrated Systems for Australia’s Offshore Patrol Vessels

TYSONS CORNER, VA, April 18, 2018 — L3 Technologies (NYSE: LLL) will provide various systems for integration into the Australian navy’s SEA 1180 Offshore Patrol Vessels as part of a deal with prime contractor Luerssen’s Australian arm, ExecutiveBiz reported Tuesday. L3 said Monday its Australian business will supply integrated communications, navigation, …

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L3 to Supply New F/A-18, EA-18G Aircrew Training Systems Under $218M Navy IDIQ

L3 Technologies (NYSE: LLL) has secured a potential five-year, $218.1 million contract to provide new aircrew training systems for the U.S. Navy‘s F/A-18C/D/E/F and EA-18G fleets. The company will also update hardware and software and perform modifications on current training equipment for both aircraft platforms under the indefinite-delivery/indefinite-quantity contract, the Defense Department said Friday. DoD …

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L3 Technologies Deploys Microsoft Azure Government for Strategic Cloud Initiative

TYSONS CORNER, VA, March 29, 2018 —  L3 Technologies (NYSE: LLL) will implement Microsoft’s (Nasdaq: MSFT) Azure Government cloud platform to transform its global information technology operations, under a five-year strategic collaboration agreement with the technology provider, ExecutiveBiz reported Wednesday. L3 said Tuesday the agreement is part of its broader effort to …

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L3 Acquires Minority Stake in Peak Nano Optics; Christopher Kubasik Comments

L3 Technologies (NYSE: LLL) has purchased a minority stake in nanotechnology developer Peak Nano Optics for an undisclosed amount. Dallas, Texas-based Peak Nano uses a gradient refractive index technology to design and manufacture electro-optical lenses for visible to near-infrared applications, L3 said Wednesday. Christopher Kubasik, president and CEO of L3, said the investment offers the …

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L3 Wescam Integrates New Image Processing Tech to EO/IR Sensor Portfolio

TYSONS CORNER, VA, Feb. 8, 2018 — L3 Technologies‘ (NYSE: LLL) Wescam business has updated its MX Series electro-optical and infrared sensor system product line with new imaging and processing technologies, ExecutiveBiz reported Wednesday. The subsidiary said Tuesday the updates include the Wescam Advanced Video Engine that works to enhance image processing and support the Automated Video …

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