Tag Archives: L3 Technologies

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.

L3 Technologies (NYSE: LLL) has won a potential $499.6M contract to update the avionics system of C-130H airlifters operated by Air National Guard and Air Force Reserve Command. USAF received six offers for the fixed-price-incentive-firm contract covering production, training and logistics support work on 176 C-130Hs, the Department of Defense said Tuesday.

The Department of Homeland Security’s Transportation Security Administration has awarded three separate sole-source, indefinite-delivery/indefinite-quantity contracts to L3 Technologies (NYSE: LLL), Morpho Detection and Reveal Imaging Technologies to produce and install explosive detection systems. A FedBizOpps notice posted Tuesday says L3 will manufacture eXaminer 6700 Medium Speed EDS under a five-year, …

Cubic‘s (NYSE: CUB) defense business has named three executives to vice president roles to oversee digital product innovation, growth efforts and revenue streams. Mark Schmaltz, a business and program management executive, has joined Cubic as VP and general manager of the newly created synthetic and digital solutions business line, the …

Elbit Systems of America (Nasdaq: ESLT) agreed to acquire the night vision business of Harris Corp. (NYSE: HRS) for approximately $350M. Harris said Friday the transaction is conditioned upon completion of its proposed merger with L3 Technologies (LLL) and customary closing conditions that include a receipt of all regulatory approvals. …

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. …

L3 Technologies (NYSE: LLL) won a potential eight-year, $131.7M contract from the U.S. Air Force to develop a proximity sensor technology that will offer a “height of burst” feature for general purpose warheads. The company will replace the military branch’s current DSU-33D/B sensors in an effort to address obsolescence, performance …

Executive Mosaic has named a basket of 30 publicly traded GovCon firms that will make up this year’s GovConIndex. The index, scheduled to relaunch on March 4th, is an amalgam of GovCon stocks representing a cross-industry analysis of the overall performance of the GovCon sector. Stock prices are listed in …

L3 Technologies (NYSE: LLL) and Harris (NYSE: HRS) will each hold a shareholder meeting on April 4 to decide on proposals needed to finalize the companies’ proposed merger through an all-stock transaction. Shareholders of record as of Feb. 22 will vote at the companies’ respective meetings, Harris and L3 said Monday. L3 …

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 …