Home / Tag Archives: L3 Technologies (page 3)

Tag Archives: L3 Technologies

September 21st Market Close: GovConIndex Closes Up as Major Indices Close Down

The Executive Mosaic GovCon Index (GCI) continued to move up in posting its fifth consecutive day of gains. The CGI closed at 105.814 up 0.377 percent with advancing shares outpacing declining 3 to 1. The S&P500 and DJIA ended their prolonged streak of gains to close in the negative today. The S&P500 …

Read More »

September 19th Market Close: GovConIndex Up as the Major Indices All Set New Records

The Executive Mosaic GovCon Index (GCI) posted another YTD high with its third consecutive daily increase, up 0.867 percent to 104.825. Engility Holdings topped the GCI with an almost 5 percent daily gain, while SAIC, AECOM, ICF, and ManTech International all posted greater than 2 percent increase on the day. All three major …

Read More »

Executive Mosaic’s Weekly GovCon Round-up: The Landscape of M&A in GovCon

Weekly Roundup September 11 – September 15 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This week, let’s take a look at the current landscape of mergers and acquisitions in the GovCon sector. Notable M&A activity includes: CenturyLink adjusting the closing date of its …

Read More »

L3 Buys Doss Aviation in Military Flight Training Push

L3 Technologies (NYSE: LLL) has purchased Colorado Springs, Colorado-based initial flight training company Doss Aviation for an undisclosed amount in a strategy to expand presence in the military pilot training market. New York City-based L3 said Thursday will integrate Doss Aviation into its electronic systems business segment and run the company …

Read More »

September 14th Market Close: GovConIndex Closes Down While Major Indices Close Mixed

The Executive Mosaic GovCon Index (GCI) closed down 0.456 percent to 101.596. Advancing shares slightly lagged declining 12 to 17. The three major indices closed mixed on the day. The S&P500 closed down 0.11 percent to 2,495.62, while the DJIA set a new high gaining 0.20 percent to 22,203.48, and the NASDAQ …

Read More »

L3 Eyes Undersea Market Expansion Through Adaptive Methods Buy

L3 Technologies (NYSE: LLL) has purchased Centreville, Virginia-based systems engineering firm Adaptive Methods for an undisclosed sum in a move to expand footprint in the undersea market. L3 said Tuesday it will incorporate Adaptive Methods into its sensor systems business segment to operate as L3 Adaptive Methods. Christopher Kubasik, L3 president and …

Read More »

September 12th Market Close: GovConIndex Up, Major Indices Reach New Highs

The Executive Mosaic GovCon Index (GCI) closed up 0.478 percent to 102.351, reaching a second new 30 day high. Advancing outpaced declining shares 2 to 1. Investors responded positively to better than expected damage reports from Hurricane Irma. All three major indices reached new highs. The S&P500 closed up 0.34 percent to …

Read More »

Report: L3 Picks Gulfstream 550 Aircraft for USAF Compass Call Replacement

Ann Stefanek, spokeswoman for the U.S. Air Force, has said that L3 Technologies (NYSE: LLL) has selected the Gulfstream Aerospace-built Gulfstream 550 airborne early warning aircraft to replace the military branch’s current electronic attack platform, DoD Buzz reported Thursday. The Air Force contracted L3 to move electronic warfare technologies currently carried by EC-130H …

Read More »

September 5th Market Close: GovConIndex and Major Indices Close Down

The Executive Mosaic GovCon Index (GCI) reversed its five days of positive direction to close down today. The GCI was off 0.66 percent to close at 101.601. Declining shares outpaced advancing 3 to 1.he week. The major indices all closed to the negative with the S&P500 ending a six-day rally to close down 0.76 percent to 2,457.85, while the DJIA dropped 1.07 …

Read More »

L3 Gets $69M Deal to Deliver Hardware for Army Manned-Unmanned Teaming Effort

TYSONS CORNER, VA, Sept. 5, 2017 — L3 Technologies (NYSE: LLL) has received a $69.3 million contract from the U.S. Army to provide hardware that will work to support the teaming of manned and unmanned aircraft systems, ExecutiveBiz reported Friday. The Defense Department said Thursday the award also calls for technical and …

Read More »