L3Harris Technologies (NYSE: LHX) is streamlining its core businesses into three segments focused on communication systems, integrated mission systems and space and airborne systems. “Our business segments will continue to lead market innovation in their focus areas, fueling advanced solutions for the toughest operational challenges,” Christophe...
L3Harris Technologies (NYSE: LHX) has received a $393 million contract to install the second and third increments of underwater training infrastructure for the U.S. Navy. The company said Wednesday it will modernize and replace systems at three Undersea Warfare Training Range sites near Southern California, the Bahamas and Hawaii. For the USWT...
Christopher Kubasik, most recently vice chair, president and chief operating officer of L3Harris Technologies (NYSE: LHX) and a three-time Wash100 Award winner, has succeeded William Brown as CEO of the Melbourne, Florida-based aerospace and defense contractor as part of the L3 Technologies-Harris merger agreement announced in October 2018. William ...
Christopher Kubasik, vice chairman, president and chief operating officer of L3Harris Technologies (NYSE: LHX), said the company plans to return more than $7.5 billion in cash to shareholders between 2021 and 2022, Reuters reported Thursday. Kubasik, a three-time Wash100 winner, noted L3Harris’ additional divesture proceeds of nearly $2 billio...
Christopher Kubasik, president and chief operating officer of L3Harris Technologies and a 2020 Wash100 Award winner, told the Washington Business Journal in an interview published Wednesday that the company will continue post-merger integration and advance organic growth initiatives and revenue synergies as it begins its second year of operations....
Harris (NYSE: HRS) and L3 Technologies (NYSE: LLL) set June 29, Saturday, as the closing date for their all-stock merger deal after they secured the regulatory clearances needed to complete the transaction....
L3 Technologies (NYSE: LLL) CEO Christopher Kubasik said the company’s planned merger with Harris (NYSE: HRS) still needs approval from the Department of Justice, the European Union and Turkey, Inside Defense reported Thursday....
Stockholders at L3 Technologies (NYSE: LLL) and Harris (NYSE: HRS) approved during their respective meetings Thursday the proposals needed to close the proposed merger of the companies. “This vote represents a key milestone in our merger process,” Christopher Kubasik, L3 chairman, president and CEO, said in a statement published Thursday. “Ove...
L3 Technologies (NYSE: LLL) has secured a potential $120M contract to help the U.S. Air Force train aircrews of the B-2 Spirit bomber fleet. The company said Tuesday it will continue to support the B-2 Aircrew Training System for the military service to hone the skills of B-2 pilots and maintenance and weapons-loading personnel. Christopher Kub...
L3 Technologies (NYSE: LLL) has secured a potential $350M contract to help the U.S. Air Force train the military service’s F-16 pilots. The company said Tuesday it will serve as the prime contractor on the F-16 Simulators Training Program that consolidates previous weapons and tactics, trainer advanced sustainment and training system and mi...
