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Search Results for: L-3

L-3 to Provide Training Platform for USAF Airborne Warning & Control System Aircraft

TYSONS CORNER, VA, July 29, 2016 — L-3 Communications (NYSE: LLL) will provide a flight crew training system to the U.S. Air Force under a $38.3 million contract awarded to the company’s link simulation and training division, ExecutiveBiz reported Thursday. The Defense Department said Wednesday the Diminishing Manufacturing Sources Replacement of Avionics for …

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Former L-3 NSS Exec Lexi Alexander Joins ASRC Federal as BD Lead; Mark Gray Comments

Lexi Alexander, a former senior vice president at L-3 Communications (NYSE: LLL), has joined Beltsville, Maryland-based government engineering and technical services contractor ASRC Federal as SVP of business development and corporate strategy. ASRC Federal said Thursday the two-decade contracting sector veteran will focus on organic growth in her new role and be …

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July 28 Market Close: GovCon Index Flat as L-3 & Raytheon Surges Offset by McKesson, Boeing Losses

Executive Mosaic’s GovCon Index struggled for clear direction Thursday strong gains by Raytheon (NYSE: RTN) and L-3 Communications (NYSE: LLL) on second quarter earnings reports were offset by large plunges from McKesson Corp. (NYSE: MCK) and Boeing (NYSE: BA). The GovCon Index recorded a decline of 0.061 points to 82.313 with seven of …

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Raytheon & L-3 Boost Earnings Guidance on 2Q Beat, Leidos Below Street Outlook

Three government contractors listed in Executive Mosaic’s GovCon Index reported second quarter financial results before U.S. markets opened Wednesday. Raytheon (NYSE: RTN) and L-3 Communications (NYSE: LLL) both lifted full-year earnings and revenue guidance Thursday on second quarter results that topped the consensus analyst outlooks for each figure. Raytheon cited sales of its Paveway …

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L-3 Gets $216M Modification on Aircraft Logistics Support Contract With US Army

The U.S. Army has awarded L-3 Communications (NYSE: LLL) a 12-month, $216.4 million contract modification to continue to provide aircraft logistics support services to the military branch. L-3 will perform the task in Madison, Mississippi and is scheduled to finish work by July 31 next year,  the Defense Department said Tuesday. The Army Contracting Command …

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L-3 Communications Offers New ISR Aircraft to International Market

TYSONS CORNER, VA, July 22, 2016 — L-3 Communications (NYSE: LLL) has unveiled a new intelligence, surveillance and reconnaissance aircraft at the Farnborough Air Show in the U.K. as it eyes further expansion in the international market, ExecutiveBiz reported Thursday. FlightGlobal reported Wednesday the Spydr II twin-turboprop aircraft features modular sensors and roll-on/roll-off …

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CAE Gets Lockheed, L-3 Contracts for Training Support to UK, Canada; Gene Colabatistto Comments

TYSONS CORNER, VA, July 11, 2016 — CAE (NYSE: CAE) will supply flight simulation equipment and provide training support to the U.K. and Canadian military under separate contracts from Lockheed Martin (NYSE: LMT) and a subsidiary of L-3 Communications (NYSE: LLL), ExecutiveBiz reported Thursday. Lockheed chose CAE to provide flight …

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June 8 Market Close: GCI Hits 80, Extends Gain Streak to 6th Day as HII & L-3 Hit 52-Week Highs

The GovCon Index held positive for a sixth consecutive full trading session Wednesday with a gain of 0.751 points to 80.497 and achieved its first close above 80 points in 16 months. A weakening dollar helped lift U.S. stocks and multinational corporations in particular as commodities such as copper, gold and …

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June 7 Market Close: GovCon Index Boosted by L-3 Upgrade, Navistar Surges on Earnings Beat

The GovCon Index stretched its current streak of gains to five Tuesday by 0.212 points to 79.746 on an upgrade to L-3 Communications (NYSE: LLL) and a spike in Navistar International (NYSE: NAV) shares despite a full-year revenue guidance cut. Credit Suisse lifted its target price on L-3 to $169.00 and …

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Heidi Wood Joins L-3 as VP, Chief Analytics Officer; Christopher Kubasik Comments

Heidi Wood, formerly senior vice president of strategy at Spirit AeroSystems (NYSE: SPR), has joined L-3 Communications (NYSE: LLL) as VP and chief analytics officer. Wood will report directly to Christopher Kubasik, L-3 president and chief operating officer, and will be in charge of the company’s acquisitions strategy, business development and …

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