Search Results for: Christopher Kubasik

Andrew Ivers Named L3 Corporate SVP, Comms System Business President

Andrew Ivers, president of broadband communications sector and communication systems-west division at L3 Technologies (NYSE: LLL), will assume the roles of corporate senior vice president and president of communication systems business segment at the New York-based aerospace and defense contractor starting Jan. 1. The company said Wednesday Ivers will directly report …

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Michael Strianese: L3 Evaluates ‘Strategic Options’ for Vertex Aerospace Business

Michael Strianese, chairman and CEO at L3 Technologies (NYSE: LLL), has said the company has begun to assess strategic alternatives for Vertex Aerospace business after the New York-based aerospace and defense contractor posted a goodwill impairment charge for Vertex during the third quarter of 2017. Strianese said in a statement …

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Executive Mosaic’s Weekly GovCon Round-up: The Landscape of M&A in GovCon

Weekly Roundup September 11 – September 15 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This week, let’s take a look at the current landscape of mergers and acquisitions in the GovCon sector. Notable M&A activity includes: CenturyLink adjusting the closing date of its …

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L3 Buys Doss Aviation in Military Flight Training Push

L3 Technologies (NYSE: LLL) has purchased Colorado Springs, Colorado-based initial flight training company Doss Aviation for an undisclosed amount in a strategy to expand presence in the military pilot training market. New York City-based L3 said Thursday will integrate Doss Aviation into its electronic systems business segment and run the company …

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L3 Eyes Undersea Market Expansion Through Adaptive Methods Buy

L3 Technologies (NYSE: LLL) has purchased Centreville, Virginia-based systems engineering firm Adaptive Methods for an undisclosed sum in a move to expand footprint in the undersea market. L3 said Tuesday it will incorporate Adaptive Methods into its sensor systems business segment to operate as L3 Adaptive Methods. Christopher Kubasik, L3 president and …

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Executive Mosaic’s Weekly GovCon Round-up: “Information Doesn’t Have to be Secret to be Valuable”

Weekly Roundup July 24 – July 28 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Open source intelligence (OSINT), as described in a previous Weekly Round Up column, is an incredibly powerful research methodology that is already being used by forward looking companies and …

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Executive Mosaic’s Weekly GovCon Round-up: Executive Movement in the GovCon Industry

Weekly Roundup July 17 – July 21 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Several executive moves this summer look to make a significant splash across the GovCon community. Last Friday, Battelle’s Board of Directors announced that Lewis “Lou” Von Thaer had been selected …

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Army Orders Initial L3Harris Laser Rangefinder Tech Under STORM 2 Contract

STORM 2 L3Harris

The U.S. Army has awarded an initial delivery order to L3Harris Technologies (NYSE: LHX) for rifle-mounted multifunction laser devices intended to support target handoff operations. L3Harris said Thursday it will produce more than 1,100 updated Small Tactical Optical Rifle-Mounted Micro Laser Rangefinder systems for the military service under a potential $215 million contract announced last year.

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KippsDeSanto’s Warren Romine: Defense Spending, Market Factors Could Drive M&As

Warren Romine, managing director at KippsDeSanto & Co., has said more middle-market defense contractors are considering divestitures as they assess their capacity to keep up with market trends, the Washington Business Journal reported Monday. Romine told the publication in an interview he expects increased U.S. defense budget and low interest rates to also drive acquisition and divestiture efforts.

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