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Tag Archives: L3 Technologies

Andrew Ivers Named L3 Corporate SVP, Comms System Business President

Andrew Ivers, president of broadband communications sector and communication systems-west division at L3 Technologies (NYSE: LLL), will assume the roles of corporate senior vice president and president of communication systems business segment at the New York-based aerospace and defense contractor starting Jan. 1. The company said Wednesday Ivers will directly report …

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L3 Subsidiary to Engineer Flight Test Equipment Under Potential $196M Navy Contract

An L3 Technologies (NYSE: LLL) subsidiary has received a potential $195.6 million  contract from the U.S. Navy for the provision of flight test instrumentation engineering and support services. L3’s Interstate Electronics Corp. business will perform work at various locations across the U.S. and in U.K. under the sole-source contract that has a $45.4 million …

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L3 Unidyne Lands Navy Contract Modification for Towed Array Inventory Support

TYSONS CORNER, VA, Nov. 28, 2017 — A subsidiary of L3 Technologies (NYSE: LLL) will continue its support for the U.S. Navy‘s Naval Array Technical Support Center under a $19.8 million modification that raises the basic contract value to $26.2 million, ExecutiveBiz reported Monday. The Defense Department said Wednesday L3 Unidyne will …

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Stephen Carlton Promoted to iGov Program Mgmt VP

Stephen Carlton, formerly business capture director at iGov, has been promoted to vice president of program management at the Reston, Virginia-based government systems integration services provider. Carlton will oversee the company’s program management office and project portfolio as well as help government clients meet project performance, cost and schedule requirements, …

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USAF Taps L3 for Aircraft Fabrication, Mission Tech Devt FMS Contracts Worth $281M

L3 Technologies (NYSE: LLL) has secured two contracts worth up to $281 million combined from the U.S. Air Force to fabricate aircraft and develop a mission system for  unnamed foreign military sales customers. The company will provide aircraft engineering, fabrication and procurement services under a potential $210 million contract that …

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Boeing Picks L3 to Help Design Capabilities for Navy’s Extra Large UUV

TYSONS CORNER, VA, Nov. 3, 2017 — Boeing (NYSE: BA) has added L3 Technologies (NYSE: LLL) to a team that the former will lead in efforts to develop an extra large unmanned undersea vehicle under a potential $42.3 million contract from the U.S. Navy, ExecutiveBiz reported Thursday. L3 said Thursday its …

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Michael Strianese: L3 Evaluates ‘Strategic Options’ for Vertex Aerospace Business

Michael Strianese, chairman and CEO at L3 Technologies (NYSE: LLL), has said the company has begun to assess strategic alternatives for Vertex Aerospace business after the New York-based aerospace and defense contractor posted a goodwill impairment charge for Vertex during the third quarter of 2017. Strianese said in a statement …

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October 30th Morning Report: GovCon Index Down For The Week, Stock Market Up

The Executive Mosaic GovCon Index (GCI) closed Friday down 1.62 points or 1.47 percent from Monday’s open, settling at 108.162. McKesson Corp. was down 5.52 percent for the day at Friday’s close. The three major indices all advanced Friday with the S&P500 and NASDAQ Composite reaching new highs. The S&P500 closed up 0.81 …

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October 27th Market Close: GovConIndex Closes Down as S&P500 and NASDAQ Composite Set New Highs

The Executive Mosaic GovCon Index (GCI) continued to drop for the fifth consecutive day to close at 108.162 off 0.03 percent with the McKesson Corp. down 5.52 percent on the day. Advancing shares outpaced declining 2 to 1. The three major indices all advanced for the day with the S&P500 and NASDAQ Composite …

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L3 Unit to Provide Laser Rangefinders for Raytheon’s Multi-Spectral Targeting System

TYSONS CORNER, VA, Oct. 25, 2017 — An L3 Technologies (NYSE: LLL) business unit will supply laser rangefinders for the Raytheon-built (NYSE: RTN) Multi-Spectral Targeting System aboard U.S. Navy aircraft under a potential $5.1 million contract, ExecutiveBiz reported Tuesday. L3 Advanced Laser Systems Technology will both provide and repair the rangefinders that are designed …

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