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Search Results for: L-3

June 2 Market Close: GCI Turns Around AM Decline, L-3 Hits 52-Week High on $2B AF Logistics Contract

The GovCon Index swung back into positive territory after an early morning decline Thursday and closed at a gain of 0.314 points to 78.927 as U.S. investors looked toward the release of Friday’s jobs report before markets open. L-3 Communications (NYSE: LLL) hit a new 52-week high in intraday trade after the New York City-based …

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L-3 Unit Wins $1.9B USAF Contract for KC-10 Refueling Aircraft Logistics Support

A business unit of L-3 Communications (NYSE: LLL) has won a nine-year, $1.9 billion contract to provide contractor logistics support for Boeing-built (NYSE: BA) KC/KDC-10 in-air refueling aircraft flown by the U.S. Air Force. The Defense Department said Wednesday L-3’s Vertex Aerospace business will operate and maintain base supply, perform aircraft maintenance and manage service bulletins …

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L-3 Subsidiary Wins $302M Navy Logistics Support Contract for C-12 Transport, Trainer Planes

A subsidiary of L-3 Communications (NYSE: LLL) has won a potential $302.2 million contract to provide logistics services for the C-12 Huron utility lift aircraft of the U.S. Navy. L-3 unit Vertex Aerospace will perform post-production, aircraft maintenance and materials delivery for Marine Corps Reserve C-12 as well as Navy TC-12B trainer aircraft, the Defense Department said Wednesday. Vertex Aerospace …

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L-3 to Move Electron Devices Manufacturing to California, Pennsylvania Sites

TYSONS CORNER, VA, May 18, 2016 — L-3 Communications (NYSE: LLL) has started preparations to consolidate and transition the manufacturing operations of its electron devices unit in San Carlos, California,  to sites in north central Pennsylvania and Los Angeles, ExecutiveBiz reported Tuesday. The company said Monday it will work on the phased consolidation …

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May 2 Market Close: GovCon Index Up on L-3 Upgrade as Defense Primes Follow

The GovCon Index started the first week of May with a gain of 0.493 points to 76.854 in an attempt at a recovery from two days of sharp losses incurred Thursday and Friday for the final days of April trade. Cubic Corp. (NYSE: CUB) closed up 6 cents to $41.63 with 309, 200 shares …

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L-3 Division Secures $200M AF Contract for Warfighter Readiness & Training Research

An L-3 Communications (NYSE: LLL) division has landed a seven-year, $200 million contract from the U.S. Air Force to offer warfighter readiness and training research. L-3 Link Simulation and Training will research, develop, evaluate and validate training approaches, methods, tools and infrastructure, the Defense Department said Thursday. The Air Force Research …

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L-3 Unit to Provide F-16 Training System Maintenance Support to Poland

TYSONS CORNER, VA, April 12, 2016 — A business unit of L-3 Communications (NYSE: LLL) will provide maintenance and technical support for the F-16 Aircrew Training System of Poland’s air force, ExecutiveBiz reported Monday. The company said Thursday L-3 Link Simulation & Training will also supply spare and repair parts for …

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DLA Orders Weapons Systems Electron Tubes From L-3, CPI

L-3 Communications (NYSE: LLL) and Communications and Power Industries have each received a $43.03 million contract to provide weapons systems electron tubes to the Defense Logistics Agency. The companies will manufacture the electron tubes in Pennsylvania and Massachusetts through Feb. 10, 2021, the Defense Department said Thursday. The indefinite-delivery/indefinite-quantity contract …

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Ken Asbury: CACI to Focus on Organic Growth After L-3 NSS Acquisition

TYSONS CORNER, VA, February 8, 2016 — CACI International (NYSE: CACI) President and CEO Ken Asbury has said the company will focus on organic growth following its $550 million acquisition of L-3 Communications‘ (NYSE: LLL) national security solutions unit, ExecutiveBiz reported Friday. Asbury said in an interview published Thursday on The …

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CACI Closes $550M L-3 NSS Govt Services Business Buy; Ken Asbury, Michael Strianese Comment

CACI International (NYSE: CACI) has completed its $550 million cash acquisition of the National Security Solutions business from L-3 Communications (NYSE: LLL) as part of a growth strategy to target enterprise information technology and intelligence markets. CACI said Monday it expects NSS, a mission services provider for the government sector, …

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