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Tag Archives: L3 Technologies

February 21 Morning Report: GovCon Index Posts 5th Straight Record Close

Executive Mosaic’s GovCon Index ended the week with a five-day advance of 2.72 percent and extended its current stretch of positive movement to three trading weeks. Huntington Ingalls Industries (NYSE: HII) was the top net performer among S&P 500 companies in the GCI while Boeing (NYSE: BA) was one of the best gainers listed in both indices. Stocks of Boeing, HII, …

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Report Names Key Players in Growing Global UAV Flight Training & Simulation Industry

TYSONS CORNER, VA, Feb. 9, 2017 — A new Research and Markets report has stated that BAE Systems, CAE (NYSE: CAE), L3 Technologies (NYSE: LLL), Northrop Grumman (NYSE: NOC) and Thales are among the key players in the global unmanned aerial vehicle flight training and simulation market, ExecutiveBiz reported Wednesday. Research and Markets said Monday the market …

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Retired Navy Officer Gary Rosholt Joins L3 as VP for Mideast Operations; Michael Strianese Comments

Gary Rosholt, a retired U.S. Navy rear admiral and former U.S. Special Operations Command Central deputy commanding general, has joined L3 Technologies (NYSE: LLL) as vice president for Middle East operations. He will be oversee L3’s business across Saudi Arabia, the United Arab Emirates and other locations in the Middle East and help explore new …

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Canadian Military Vet Richard Foster Joins L3 in Corporate VP Role

Richard Foster, a 35-year veteran of the Canadian armed forces and a retired major general, has been appointed corporate vice president of L3 Technologies‘ (NYSE: LLL) business unit in Canada. He will manage L3 Canada‘s overall operations and coordinate with the subsidiary’s business development team to help expand its customer base, the company said Wednesday. “His extensive …

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January 30 Morning Report: GovCon Index Gets Boost From General Dynamics’ Positive 3-Year Sales Outlook

Executive Mosaic’s GovCon Index posted a 0.257-percent gain to 88.929 Friday despite decliners outnumbering gainers by a 2-to-1 ratio as General Dynamics (NYSE: GD) recorded an all-time high on a positive three-year sales outlook. General Dynamics, which was GCI’s top net and percentage performer, said in an earnings call it expects revenue to increase 5.6 …

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L3 Unveils Leadership Changes as Company Moves to Split Electronic Systems Segment

L3 Technologies (NYSE: LLL) has announced an initiative to split the New York City-based defense contractor’s electronic systems segment into two new business segments as part of a growth strategy that also involves multiple leadership transitions. The company said Wednesday Todd Gautier, current president of L3’s precision engagement and training sector, will serve as corporate …

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Army Taps L3 Unit for Transmission Systems, Ancillary Hardware Supply

TYSONS CORNER, VA, Jan. 24, 2017 — The U.S. Army has awarded a $33.1 million contract modification to L3 Technologies‘ (NYSE: LLL) combat propulsion systems business unit for transmission systems, related ancillary hardware and operational reliability services, ExecutiveBiz reported Monday. L3 will deliver 800-horsepower transmissions and 96 hydro-mechanically propelled transmission systems through Oct. …

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L3 Division Named Prime in Proposed $418M Foreign Military Sale of Air Tractors to Kenya

The State Department has named L3 Technologies‘ (NYSE: LLL) platform integration division as prime contractor on a potential $418 million foreign military sale of Air Tractor AT- 802L aircraft and services to Kenya. The Defense Security Cooperation Agency said Monday the proposed deal covers as many as 12 Air Tractor and two AT-504 trainer …

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L3 to Deliver M783 Mortar Fuzes Under Army FMS Contract Modification

TYSONS CORNER, VA, Jan. 23, 2017 — L3 Technologies‘ (NYSE: LLL) fuzing and ordnance systems unit has secured a $32 million contract modification from the U.S. Army for M783 Point Detonating/Delay mortar fuzes, ExecutiveBiz reported Friday. The company said Thursday it will supply mortar fuzes to an international customer as part of the Foreign …

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Former Raytheon Cyber Exec Brian Stites Named MSi Business Devt VP

Brian Stites, formerly chief architect and senior manager of defense and commercial cyber resiliency strategy at Raytheon (NYSE: RTN), has joined Charlottesville, Virginia-based cyber defense software firm Mission Secure Inc. as vice president of business development. Stites “brings strong control system and cyber expertise and will be a fantastic addition to …

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