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Tag Archives: L3 Technologies

L3 Acquires ASV Global in Unmanned Maritime Tech Expansion Push; Christopher Kubasik Quoted

L3 Technologies (NYSE: LLL) has purchased unmanned surface vessel developer ASV Global for an undisclosed sum in a move to expand its autonomous maritime capabilities. The acquired company will operate as L3 ASV and will help L3 broaden its range of offerings such as integrated unmanned undersea and surface vessels, autonomous off-board …

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Sean Stackley Promoted to Lead L3’s New Comms & Networked Systems Segment; Christopher Kubasik Quoted

Sean Stackley, formerly corporate vice president for strategic advanced programs and technology at L3 Technologies (NYSE: LLL), has been named corporate senior VP and president of the company’s newly created communications and networked systems segment. He succeeds Andrew Ivers, a 13-year L3 veteran who is set to retire by the end of …

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L3 Closes Azimuth Security, Linchpin Labs Acquisition Deals

L3 Technologies (NYSE: LLL) has completed its acquisitions of Azimuth Security and Linchpin Labs nearly two months after announcing the two deals worth a combined $200M. Both information security providers will merge into a single business called L3 Trenchant, the New York City-based company said Friday. L3 — which generated $9.6B in …

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L3 to Produce Army Tactical UAS Payload Under Potential $454M Contract

L3 Technologies (NYSE: LLL) has won a potential five-year, $454M contract to build, deliver and support an electro-optic infrared laser designator payload for the U.S. Army’s RQ-7Bv2 tactical unmanned air system. The Army Contracting Command received two bids for the project via the internet, the Defense Department said Wednesday. Work under the EO/IR/LD …

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L3 Secures Potential $240M DISA Contract for Ka-Band Military Comms Services

L3 Technologies (NYSE: LLL) has received a potential $240M contract from the Defense Information Systems Agency to help military personnel communicate during air transit. Under the non-competitive contract, L3’s integrated systems business will provide Ka-band communications support to senior leaders and their staff who travel via aircraft, the Defense Department said Friday …

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L3 Consolidates Two Businesses Into New ISR Tech Segment; Christopher Kubasik Comments

L3 Technologies (NYSE: LLL) has integrated the company’s aerospace and sensor systems businesses into a new segment that will develop and offer intelligence, surveillance, reconnaissance and signals intelligence technology platforms. “This business realignment action supports our objective to improve operating margin to 12 percent for 2019,” L3 Chairman, President and CEO Christopher Kubasik said …

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23 Firms Win Spots on $794M Navy Unmanned Undersea Vehicle R&D Support IDIQ

The U.S. Navy has awarded 23 companies positions on a potential five-year, $794.5 million contract to support the development and fabrication of unmanned undersea vehicles. The Defense Department said Monday the Naval Undersea Warfare Center Division received 28 offers for the indefinite-delivery/indefinite-quantity contract that will run through July 2023. Contractors …

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Navy Picks 22 Firms for $980M Training System Design, Production IDIQ

The U.S. Navy has awarded 22 companies spots on a potential five-year, $980 million contract to design, build and manufacture training systems and related devices. The service received 40 proposals for the firm-fixed-price, cost-plus-fixed-fee, indefinite-delivery/indefinite-quantity contract that will run through November 2023, the Defense Department said Friday. The contractors will …

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Simon Godwin, Craig Summers Take VP Roles at Octo Consulting

Octo Consulting Group has appointed Simon Godwin, a certified project management professional, as vice president of federal civilian programs, and Craig Summers, formerly VP of technology at CollabraLink Technologies, as VP for commerce accounts. Mehul Sanghani, CEO and founder of Octo, said in a statement published Thursday Godwin and Summers …

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Executive Mosaic’s Weekly GovCon Round-Up: L3 Technologies’ M&A Activity & Top 10 Stories

Weekly Roundup July 16 – July 20, 2018 Click here to see Real-Time GovCon Sector Quotes Executive Mosaic’s Weekly GovCon Round-Up: L3 Technologies’ M&A Activity & Top 10 Stories Jim Garrettson, Executive Mosaic CEO       L3 Technologies Enjoys Strong M&A Activity in July This week, I’d like to highlight L3 Technologies which has engaged in …

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