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Tag Archives: L3 Technologies

L3 Forms Intell & Mission Systems Sector, Names Greg Roberts President

L3 Technologies (NYSE: LLL) has launched an intelligence and mission systems sector that comprises the defense contractor’s Micreo, Oceania and TRL Technology subsidiaries. The IMS sector aims to leverage complementary technology platforms and processes of all three units as well as their engineering and technical expertise to serve government customers, L3 said …

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L3 Wescam to Supply EO/IR Imaging Turrets to Navy

TYSONS CORNER, VA, Aug. 25, 2017 — An L3 Technologies (NYSE: LLL) subsidiary will provide electro-optical and infrared imaging turrets to the Naval Surface Warfare Center Crane division under a potential $49 million contract from the U.S. Navy, ExecutiveBiz reported Thursday. The company said Wednesday L3 Wescam will supply the MX-10MS turrets that NSWC Crane will utilize …

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Executive Mosaic’s Weekly GovCon Round-up: August’s Private Sector Executive Moves

Weekly Roundup August 21 – August 25 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This August the GovCon industry has experienced a great deal of executive moves. As the month comes to a close, let’s take a look at some of the …

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August 24th Market Close: GovConIndex Closes Up While Major Indices Close Down

In reverse of major US markets, The Executive Mosaic GovCon Index (GCI) closed up on the day to 99.847; a gain of 0.060 percent. Advancing and declining shares almost evenly split. The major indices closed down slightly for the second consecutive day. The S&P500 retreated by 0.21 percent to 2,438.97, while DJIA moved down by 0.13 …

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L3 Subsidiary Gets $173M Navy T-45 Aircraft Support Contract Option

An L3 Technologies (NYSE: LLL) subsidiary has secured a potential $173 million contract modification to help the U.S. Navy maintain 201 T-45 Goshawk trainer aircraft units, systems and related support equipment. Vertex Aerospace will provide intermediate, organizational and depot-level engineering, logistics and maintenance services for the service branch’s T-45 fleet, the Defense Department …

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August 21st Market Close: GovConIndex Closes Up As Major Indices Close Mixed

The Executive Mosaic GovCon Index (GCI) reversed last weeks downward trend to close up 0.133 percent to 99.026. Advancing and declining shares were almost evenly split on the day. The major indices closed mixed with minor movement in either direction. The S&P500 advanced 0.12 percent to 2,428.37, while DJIA moved up by 0.13 percent to  21,703.75, and the NASDAQ Composite …

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August 10th Market Close: GovConIndex and Major Indices All Close Down

The Executive Mosaic GovCon Index (GCI) followed the markets downward closing at 100.168 off 0.706 percent. Declining shares outpaced advancers 3 to 1. The major indices responded to heightened geopolitical tensions between the U.S. and North Korea to close down significantly. The S&P500 was off 1.45 percent while DJIA moved downward by 0.93 …

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August 9th Market Close: GovConIndex Closes Up While Major Indices Close Down

The Executive Mosaic GovCon Index (GCI) closed up 0.144 percent to 100.857. Advancers and decliners split even on the day. The major indices responded to heightened tensions between the U.S. and North Korea and closed slightly down for the day. The S&P500 off 0.04 percent while DJIA moved downward by 0.17 percent, and …

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August 8th Market Close: GovConIndex and Major Indices All Move Downward

The Executive Mosaic GovCon Index (GCI) reversed direction to close down 0.261 percent to 100.760 . Decliners outpaced advancers 19 to 11. The major indices closed down for the day with the S&P500 off 0.24 percent, while DJIA moved slightly downward by 0.15 percent and the NASDAQ Composite was off 0.21 percent. …

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August 7th Morning Report: Friday Close – Markets End Week Up on Strong July Employment Numbers

Markets responded positively to July employment reports which beat expectation. The Executive Mosaic GovCon Index (GCI) closed the week at 100.443 up 0.122 percent. At Friday’s close advancers outpaced decliners 18 to 12. The GCI was up 1.5 percent for the week. The major indices closed up on Friday. The S&P500 gained …

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