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Tag Archives: L3 Technologies

July 3 1:00 PM Market Close: GovConIndex Closes Up as Major Indices Are Mixed

In observance of Independence Day the markets closed at 1:00 PM today and will be closed tomorrow. The Executive Mosaic GovCon Index (GCI) closed up 0.849 percent to 95.656 approaching a 30 day high. 25 of the 30 stocks that make up the Index where in the positive. Huntington Ingalls was near …

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Executive Mosaic’s Weekly GovCon Round-up: NDAA, DoD Purchasing Reform & More

Weekly Roundup June 26 – June 30 2017 A Note From Our President & Founder Jim Garrettson This week we saw the unveiling of the House Armed Services Committee’s $696.5 billion defense authorization bill. The draft, titled 2018 National Defense Authorization Act (NDAA), was revealed on the 26th and asks for …

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L3 Gets Potential $230M Army Mortar Fuze Supply Contract

L3 Technologies (NYSE: LLL) has landed a potential $230 million contract to provide point detonating/delay and multi-option fuzes for U.S. Army mortars. The Army will use company-made M783 and M734A1 fuzes to perform close range and indirect fire support combat operations, L3 said Thursday. Todd Gautier, president of L3’s electronic systems business segment, said the …

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June 28 Market Close: GovConIndex and Major Indices All Close Up Sharply

The Executive Mosaic GovCon Index closed up sharply 1.413 percent to 95.454. Posting the single largest daily gain for the month. 29 of the 30 stocks that make up the GovCon Index advanced on the day. Navistar International lead the index, up 6.66 percent as the company announced key executive changes at …

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State Dept Clears Australia’s $1.3B Modified Gulfstream Aircraft Purchase Request

The State Department has approved Australia’s request to buy up to five units of modified Gulfstream G550 aircraft from the U.S. under a potential $1.3 billion foreign military sales agreement. Australia seeks to procure Gulfstream G550 planes that have been modified to integrate airborne intelligence, surveillance, reconnaissance and electronic warfare mission systems as well …

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June 26 Market Close: GovConIndex Closes Down With Indices Mixed on Low Volume

The Executive Mosaic GovCon Index closed down for Monday 0.194 percent to 95.026 with advancers outpacing decliners evenly split. The major indices had modest movement on the day closing mixed, with the S&P500 and DJIA remaining in positive territory throughout the trading day. The NASDAQ was down spending a majority it’s day …

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June 20 Market Close: GovCon Index and Major Markets Follow Crude Oil Down

The Executive Mosaic GovCon Index closed down today 0.813 percent to 95.427, reversing yesterdays positive close. Decliners outpaced advancers 6 to 1. All three the of the major indices were down on the day as energy and oil producing companies stocks fell while crude oil prices plummet. WTI crude oil closed down …

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June 19 Market Close: GovCon Index Closes Up as S&P500 and DJIA Reach New Highs

The Executive Mosaic GovCon Index closed up today 0.584 percent to 95.917, reversing its Friday almost 1.5 percent drop.  Advancers outpaced decliners 3 to 1. All three the of the major indices were up on the day as technology stocks rebounded from the previous two weeks of sluggish performance. WTI crude oil …

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L3 Gets FAA Supplemental Type Certification for AT-802L Digital Avionics, Cockpit

TYSONS CORNER, VA, June 19, 2017 — L3 Technologies (NYSE: LLL) has received a supplemental type certification from the Federal Aviation Administration for the company’s modified digital avionics and cockpit installed on the AT-802L Longsword aircraft, ExecutiveBiz reported Friday. The company said Thursday the cockpit features the Garmin G600 system, Electronic Standby Instrument System, a dual-screen display, an …

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L3 Secures $91M Air Force Video Data Link Sustainment, Training IDIQ

L3 Technologies (NYSE: LLL) has received a potential five-year, $90.7 million contract from the U.S. Air Force to provide hardware and sustainment and training services for video data link devices. The indefinite-delivery/indefinite-quantity contract includes foreign military sales to Australia and a provision for other eligible countries to join the procurement effort, the Defense Department said Thursday. …

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