Home / Tag Archives: Implant Sciences

Tag Archives: Implant Sciences

L3 Completes $117M Purchase of Implant Sciences’ Explosive Trace Detection Business

L3 Technologies (NYSE: LLL), then L-3 Communications, has wrapped up its purchase of Implant Sciences’ explosive trace detection business for $117.5 million cash through an asset purchase agreement. Michael Strianese, chairman and CEO of L3, said in a statement released Thursday the acquisition will help expand L3’s presence in national security …

Read More »

L-3 Unveils New Name & Rebranding to Reflect Technology Strategy Shift

L-3 Communications (NYSE: LLL) will transition to the new name of L3 Technologies on Dec. 31 in an effort to reflect the New York City-based defense contractor’s repositioning as a provider of technology products. The company will also transition its portal to the new address L3T.com and update the corporate logo while its New …

Read More »

November 23 Market Close: GovCon Index Inches to New Record Close, US Stocks Flat After Fed Minutes

Executive Mosaic’s GovCon Index extended its current stretch of gains to a fifth straight session Wednesday and a second consecutive all-time record close to stay on track for a third straight weekly rise in a shortened trading week. U.S. stock markets are closed Thursday for the Thanksgiving holiday and are open …

Read More »

L-3 Strikes Potential $315M Deal to Buy Aviation Security Tech Maker MacDonald Humphrey

L-3 Communications (NYSE: LLL) has purchased U.K.-based aviation security technology maker MacDonald Humfrey Automation in a deal potentially worth up to $315.5 million for an effort to add new automation and robotic tools for deployment at airports worldwide. The deal comes nearly one month after L-3 said it would purchase Implant Sciences‘ explosive trace …

Read More »

L-3 Signals More Acquisitions This Year, CACI & Raytheon Pivot to Organic Growth Focus

Differing acquisition strategies among government services contractors and defense primes became a main discussion topic analysts raised in earnings calls Thursday morning with three GovCon companies that stated financial results. L-3 Communications (NYSE: LLL) hinted it could make more acquisitions this year with three announced already so far, while CACI International (NYSE: CACI) and Raytheon (NYSE: RTN) all signaled …

Read More »

Weekly Roundup October 10 – October 14, 2016: DigitalGlobe Enters M&A Picture, L-3 Buys Again & more

October 10 – October 14, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson We have yet another player in the GovCon M&A scene in the form of the company whose satellites help governments and businesses around the world map every piece of planet …

Read More »

L-3 to Buy Implant Sciences’ Explosive Trace Detection Assets for $117M

L-3 Communications (NYSE: LLL) has agreed to purchase the explosive trace detection business assets of Implant Sciences for $117.5 million cash in a push to expand the former’s portfolio of security and detection platforms. L-3 said Monday it will assume specified liabilities under the asset purchase agreement with Implant Sciences and will integrate …

Read More »