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Tag Archives: L3 Technologies

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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Stephen O’Bryan Named L3 SVP, Global Business Dev’t Head

Stephen O’Bryan, a 30-year aerospace and defense veteran, has been appointed senior vice president and chief global business development officer at L3 Technologies (NYSE: LLL). He will be responsible for coordinating the New York-based contractor’s business relationships with the Defense Department, Congress and international customers, the company said Friday. “Steve is a highly respected …

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L3 to Buy Cyber Firms Linchpin Labs, Azimuth Security for $200M; Christopher Kubasik Comments

L3 Technologies (NYSE: LLL) has agreed to purchase information security firms Linchpin Labs and Azimuth Security for approximately $200 million combined in a push to develop synergies for future growth and build up its cyber, surveillance and intelligence collection capabilities. L3 said Wednesday the acquired companies will operate as L3 …

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BAE Taps L3 to Support Compass Call EW System Transition to Newer Aircraft

TYSONS CORNER, VA, July 11, 2018 — BAE Systems is collaborating with L3 Technologies (NYSE: LLL) to transfer the former’s Compass Call electronic warfare technology from the legacy EC-130H to the newer EC-37B aircraft as part of the U.S. Air Force‘s Cross Deck program, ExecutiveBiz reported Tuesday. The system migration to the Gulfstream G550-based EC-37B aims to facilitate greater …

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Christopher Kubasik: L3 to Continue Investment Strategy After Vertex Aerospace Business Sale

New York-based investment firm American Industrial Partners has closed its purchase of Vertex Aerospace businesses from L3 Technologies (NYSE: LLL) for approximately $540 million in cash. The transaction initially announced in May is subject to customary adjustments and covers the acquisition of L3’s TCS and Crestview Aerospace business units that operate under the technology contractor’s aerospace …

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L3 Buys Applied Defense Solutions in Space Capability Expansion Push; Christopher Kubasik Comments

L3 Technologies (NYSE: LLL) has purchased Columbia, Md.-based aerospace engineering and space situational awareness services provider Applied Defense Solutions for approximately $50 million in a move to build up its space mission capabilities. L3 said Monday it will operate the newly acquired firm as L3 ADS to provide space exploration, space systems mission …

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L3, Optics 1 Land Spots on $236M Army Laser Range Finder Supply Contract

The U.S. Army has selected L3 Technologies (NYSE: LLL) and Optics 1 to compete for orders to manufacture Small Tactical Optical Rifle Mounted Micro-Laser Range Finder systems under a potential seven-year, $236 million contract. Two bids were submitted to the Army Contracting Command for the firm-fixed-price contract that runs through June 20, 2025, the Defense …

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