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Tag Archives: L3 Technologies

Stephen Carlton Promoted to iGov Program Mgmt VP

Stephen Carlton, formerly business capture director at iGov, has been promoted to vice president of program management at the Reston, Virginia-based government systems integration services provider. Carlton will oversee the company’s program management office and project portfolio as well as help government clients meet project performance, cost and schedule requirements, …

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USAF Taps L3 for Aircraft Fabrication, Mission Tech Devt FMS Contracts Worth $281M

L3 Technologies (NYSE: LLL) has secured two contracts worth up to $281 million combined from the U.S. Air Force to fabricate aircraft and develop a mission system for  unnamed foreign military sales customers. The company will provide aircraft engineering, fabrication and procurement services under a potential $210 million contract that …

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Boeing Picks L3 to Help Design Capabilities for Navy’s Extra Large UUV

TYSONS CORNER, VA, Nov. 3, 2017 — Boeing (NYSE: BA) has added L3 Technologies (NYSE: LLL) to a team that the former will lead in efforts to develop an extra large unmanned undersea vehicle under a potential $42.3 million contract from the U.S. Navy, ExecutiveBiz reported Thursday. L3 said Thursday its …

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Michael Strianese: L3 Evaluates ‘Strategic Options’ for Vertex Aerospace Business

Michael Strianese, chairman and CEO at L3 Technologies (NYSE: LLL), has said the company has begun to assess strategic alternatives for Vertex Aerospace business after the New York-based aerospace and defense contractor posted a goodwill impairment charge for Vertex during the third quarter of 2017. Strianese said in a statement …

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October 30th Morning Report: GovCon Index Down For The Week, Stock Market Up

The Executive Mosaic GovCon Index (GCI) closed Friday down 1.62 points or 1.47 percent from Monday’s open, settling at 108.162. McKesson Corp. was down 5.52 percent for the day at Friday’s close. The three major indices all advanced Friday with the S&P500 and NASDAQ Composite reaching new highs. The S&P500 closed up 0.81 …

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October 27th Market Close: GovConIndex Closes Down as S&P500 and NASDAQ Composite Set New Highs

The Executive Mosaic GovCon Index (GCI) continued to drop for the fifth consecutive day to close at 108.162 off 0.03 percent with the McKesson Corp. down 5.52 percent on the day. Advancing shares outpaced declining 2 to 1. The three major indices all advanced for the day with the S&P500 and NASDAQ Composite …

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L3 Unit to Provide Laser Rangefinders for Raytheon’s Multi-Spectral Targeting System

TYSONS CORNER, VA, Oct. 25, 2017 — An L3 Technologies (NYSE: LLL) business unit will supply laser rangefinders for the Raytheon-built (NYSE: RTN) Multi-Spectral Targeting System aboard U.S. Navy aircraft under a potential $5.1 million contract, ExecutiveBiz reported Tuesday. L3 Advanced Laser Systems Technology will both provide and repair the rangefinders that are designed …

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Army to Task L3 Technologies for Supply of Kits to Update Mine Detection Systems

TYSONS CORNER, VA, Oct. 20, 2017 — L3 Technologies (NYSE: LLL) is eyeing a potential sale of up to 1,800 upgrade kits for the U.S. Army‘s AN/PSS-14 mine detection technology to address the service branch’s requirements for maintainability, performance, reliability and sustainment, ExecutiveBiz reported Thursday. The Army said in a FedBizOpps notice posted …

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October 19th Market Close: GovConIndex Closes Up and Major Indices Close Mixed

The Executive Mosaic GovCon Index (GCI) reversed its three consecutive days of decline to close up 0.150 percent to settle at 108.840. Advancing shares outpaced declining 18 to 12. The three major indices closed mixed for the day with the S&P500 and DJIA climbing to new highs. The S&P500 closed up 0.03 percent …

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L3 Subsidiary to Develop Simulator for Army Nuclear Effects Laboratory

TYSONS CORNER, VA, Oct. 17, 2017 — An L3 Technologies (NYSE: LLL) subsidiary will design, build and test a simulation platform for the U.S. Army‘s nuclear effects laboratory at the White Sands Missile Range under an $18.5 million contract, ExecutiveBiz reported Monday. The Defense Department said Friday L3 Applied Technologies will also integrate, manage, document …

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