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Search Results for: L-3

L-3 to Produce Submarine Passive Sonar Receivers Under Potential $238M Navy Contract

L-3 Communications (NYSE: LLL) has been awarded a potential $238.2 million contract by the U.S. Navy to develop and manufacture passive sonar receiver technology for installation on submarines. The Defense Department said Wednesday the company will provide a first article TB-29X towed array receiver unit, production towed array assemblies and receiver units, test sets, shipping reels, …

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L-3 Gets $166M Option on T-45 Maintenance Support Contract With Navy

The U.S. Navy has exercised a $166.3 million contract option for L-3 Communications  (NYSE: LLL) to perform maintenance and logistics work on approximately 200 T-45 Goshawk training jets. L-3’s Vertex Aerospace subsidiary will continue to provide sustaining engineering, supply and government property management and related parts and materials procurement services to support an estimated 320 aircraft launches a day at …

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NORAD, USNORTHCOM Leads Field Test on Multiple Inmarsat, L-3 Satellite Systems

TYSONS CORNER, VA, July 13, 2016 — The North American Aerospace Defense Command and U.S. Northern Command led field tests in Alaska on multiple satellite systems from Inmarsat and L-3 Communication‘s (NYSE: LLL) global communications solutions business unit, ExecutiveBiz reported Tuesday. Inmarsat said Monday its GX satellite communication network and L-3 …

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L-3 Subsidiary to Provide Logistics Support for Air Force’s Trainer Aircraft

TYSONS CORNER, VA, Sept. 13, 2016 — An L-3 Communications (NYSE: LLL) subsidiary will provide logistics services for the U.S. Air Force‘s T-1A Jayhawk trainer aircraft under a $49.2 million contract modification, ExecutiveBiz reported Monday. The Defense Department said Friday the award to Vertex Aerospace exercises an option on an existing contract for on-equipment …

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L-3 Communications Enters Deal to Acquire Micreo; Christopher Kubasik Comments

L-3 Communications (NYSE: LLL) has agreed to acquire Australia-based electronic warfare subsystems provider Micreo for an undisclosed amount. L-3’s electronic systems segment will absorb Micreo and adopt the name L-3 Micreo when the transaction closes in September following completion of standard closing conditions, L-3 said Wednesday. “L-3 Micreo will enhance our core business …

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L-3 to Equip Middle East Country’s Black Hawk Fleet with Electro-Optical IR Turrets

TYSONS CORNER, VA, Sept. 1, 2016 — L-3 Communications (NYSE: LLL) will manufacture electro-optical and infrared designating turrets for integration onto a Middle Eastern customer’s UH-60 Black Hawk helicopters built by Sikorsky Aircraft through the foreign military sales program, ExecutiveBiz reported Wednesday. The customer will use L-3’s Wescam MX-10D turret systems to execute counterterrorism missions from the …

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L-3 Subsidiary to Provide Jet Training for Navy Air Missions

TYSONS CORNER, VA, Aug. 26, 2016 — A subsidiary of L-3 Communications (NYSE: LLL) will provide jet training support for the U.S. Navy‘s maritime air patrol, air interdiction, air intercept and anti-submarine missions under a $21.9 million contract modification, ExecutiveBiz reported Thursday. The Defense Department said Wednesday the modification exercises the first …

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August 25 Market Close: GovCon Index Down on McKesson Plunge Despite L-3 Upgrade & Bullish JPMorgan Defense Stock Forecast

Executive Mosaic’s GovCon Index stumbled to negative late afternoon Thursday on a plunge in McKesson Corp. (NYSE: MCK) with other health stock declines despite an upgrade to L-3 Communications (NYSE: LLL) by JPMorgan and gains by other defense primes and government services providers. GovCon Index gainers outnumbered laggers by roughly 2-to-1 ratio and eight …

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Exelis Vet Ann Davidson Joins L-3 as SVP & General Counsel

Ann Davidson, former senior vice president, chief legal officer and corporate secretary at Exelis, has joined L-3 Communications (NYSE: LLL) as SVP, general counsel and corporate secretary. Davidson will report to L-3 CEO Michael Strianese and succeed the retiring Steven Post, the New York City-based defense technology contractor said Monday. “Ann brings to …

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Air Force Picks Raytheon, L-3, ViaSat for Wideband Satcom Tactical Service Demo Contracts

Raytheon (NYSE: RTN), L-3 Communications (NYSE: LLL) and ViaSat (Nasdaq: VSAT) have won separate contracts to provide protected tactical service field demonstration support services to the U.S. Air Force. The service branch awarded the cost-plus-incentive-fee contracts through a competitive acquisition process with five proposals received, the Defense Department said Thursday. The companies will …

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